Cubist Systematic Strategies, LLC

CIK

1603465

Location

STAMFORD, CT

Portfolio Value

Large $19,116,046,418

Diversification

Diversified

Filing Date

Global Rank

#286 / 7,976 ▼ 22

Top Industry

Software - Infrastructure 7.2%

3Y Alpha vs SPY

-0.6%

Period ended 9 months ago

Filed Nov 14, 2025 · 7mo

23 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+73.8%

SPY

+76.3%

Annualised alpha

-0.6%

Max drawdown

−20.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

1,861 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

1.6%

+0.5 pts

Top 5

6.1%

+1.6 pts

Top 10

9.9%

+1.9 pts

HHI

Diversified+4

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	26.7%	$5,103,918,276	317
Industrials	12.9%	$2,474,285,199	242
Financial Services	11.5%	$2,193,885,154	271
Consumer Cyclical	11.2%	$2,150,532,889	213
Healthcare	9.4%	$1,790,125,413	291
Communication Services	6.8%	$1,291,119,187	79
Basic Materials	5.0%	$951,773,712	130
Consumer Defensive	4.9%	$932,310,062	85
Energy	4.4%	$841,760,004	98
Utilities	2.9%	$559,961,540	46
Unclassified	2.6%	$501,315,502	9
Real Estate	1.7%	$325,059,480	80

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GRAB	Grab Holdings Ltd	+3,764,648	5,355,582	$32,240,603
KDP	Keurig Dr Pepper Inc.	+2,383,705	2,436,005	$62,142,487
KEY	Keycorp /New/	+2,370,748	2,418,548	$45,202,662
PATH	UiPath, Inc.	+1,886,409	1,901,909	$25,447,542
CNC	Centene Corp	+1,622,036	1,639,736	$58,505,780
PBR	Petrobras - Petroleo Brasileiro SA	+1,513,741	2,405,499	$30,453,617
B	Barrick Mining Corp	+1,304,700	1,418,500	$46,484,245
CORZ	Core Scientific, Inc./tx	+1,055,663	1,082,163	$19,414,004
GAP	Gap Inc	+994,048	1,269,507	$27,154,754
COUR	Coursera, Inc.	+918,964	1,172,721	$13,732,562
SBSW	Sibanye Stillwater Ltd	+893,641	2,785,940	$31,313,965
U	Unity Software Inc.	+793,210	989,710	$39,627,988
JOBY	Joby Aviation, Inc.	+768,500	807,800	$13,037,892
WT	WisdomTree, Inc.	+759,900	1,165,220	$16,196,558
SEDG	Solaredge Technologies, Inc.	+735,400	806,427	$29,837,799
BTI	British American Tobacco p.l.c.	+710,370	975,070	$51,756,715
NTST	NETSTREIT Corp.	+648,014	757,725	$13,684,513
LZ	Legalzoom.Com, Inc.	+634,559	756,476	$7,852,220
GOGO	Gogo Inc.	+607,693	841,927	$7,232,152
DINO	HF Sinclair Corp	+582,452	673,998	$35,277,055
FRSH	Freshworks Inc.	+547,348	1,183,763	$13,932,890
BSX	Boston Scientific Corp	+544,564	1,142,424	$111,534,855
ARIS	Aris Mining Corp	+538,975	598,226	$5,862,614
MFC	Manulife Financial Corp	+529,658	624,835	$19,463,610
EOSE	Eos Energy Enterprises, Inc.	+515,900	703,100	$8,008,309
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SOFI	SoFi Technologies, Inc.	−3,973,536	997,500	$26,353,950
LUMN	Lumen Technologies, Inc.	−3,153,418	590,400	$3,613,248
NGD	New Gold Inc. /FI	−2,796,049	877,635	$6,301,419
CLF	Cleveland-Cliffs Inc.	−2,242,288	2,025,800	$24,714,760
ADT	ADT Inc.	−2,112,378	248,556	$2,164,922
ABEV	Ambev S.A.	−2,038,928	87,186	$194,424
RIG	Transocean Ltd.	−1,923,122	2,665,961	$8,317,798
HBM	Hudbay Minerals Inc.	−1,888,300	156,718	$2,375,844
AEO	American Eagle Outfitters Inc	−1,698,496	450,000	$7,699,500
GNW	Genworth Financial Inc	−1,690,579	145,185	$1,292,146
OCGN	Ocugen, Inc.	−1,587,872	78,835	$128,501
KGC	Kinross Gold Corp	−1,571,307	486,500	$12,089,525
VNET	VNET Group, Inc.	−1,542,282	49,300	$509,269
PTON	Peloton Interactive, Inc.	−1,521,185	635,287	$5,717,583
FOLD	AMICUS THERAPEUTICS, INC.	−1,341,493	861,451	$6,788,233
PCG	PG&E Corp	−1,264,798	1,912,953	$28,847,331
CPB	CAMPBELL'S Co	−1,131,429	39,500	$1,247,410
INTC	Intel Corp	−1,120,078	1,409,398	$47,285,302
CC	Chemours Co	−1,099,334	185,355	$2,936,023
RUN	Sunrun Inc.	−1,046,954	626,677	$10,835,245
GGB	Gerdau S.A.	−1,023,248	925,457	$2,868,916
SIRI	Sirius Xm Holdings Inc.	−1,007,974	282,177	$6,569,080
VSAT	Viasat Inc	−946,737	18,800	$550,840
NU	Nu Holdings Ltd.	−924,679	1,683,337	$26,950,225
MARA	MARA Holdings, Inc.	−921,895	1,344,305	$24,547,009
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
FUBO	FuboTV Inc.	1,496,631	$74,532,223
SATS	EchoStar CORP	585,837	$44,734,513
TEL	TE Connectivity plc	203,771	$44,733,847
ROP	Roper Technologies Inc	64,493	$32,162,014
TRI	Thomson Reuters Corp /Can/	163,659	$25,421,152
PCTY	Paylocity Holding Corp	159,226	$25,359,925
RGTI	Rigetti Computing, Inc.	848,259	$25,269,635
CR	Crane Co	126,658	$23,322,804
BEN	Franklin Resources Inc	998,147	$23,087,140
BTG	B2gold Corp	4,251,774	$21,046,281
AME	Ametek Inc/	108,927	$20,478,276
TW	Tradeweb Markets Inc.	183,940	$20,413,661
CRWV	CoreWeave, Inc.	146,900	$20,103,265
HL	Hecla Mining Co/De/	1,637,192	$19,810,023
MWA	Mueller Water Products, Inc.	682,212	$17,410,050
QBTS	D-Wave Quantum Inc.	687,961	$16,999,516
RYAAY	Ryanair Holdings PLC	277,000	$16,680,940
DK	Delek US Holdings, Inc.	495,352	$15,985,009
SNDK	Sandisk Corp	141,357	$15,860,255
HUN	Huntsman CORP	1,726,248	$15,501,707
SBRA	Sabra Health Care REIT, Inc.	817,748	$15,242,822
WULF	Terawulf Inc.	1,307,960	$14,936,903
VITL	Vital Farms, Inc.	349,180	$14,368,757
POR	Portland General Electric Co /Or/	324,475	$14,276,900
ROIV	Roivant Sciences Ltd.	943,163	$14,270,056
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AGL	agilon health, inc.	750,913	$43,177,497
ODD	Oddity Tech Ltd	418,695	$31,598,911
ERIC	Ericsson Lm Telephone Co	3,365,879	$28,542,653
PAAS	Pan American Silver Corp	908,460	$25,800,264
SARO	StandardAero, Inc.	716,394	$22,673,870
QLYS	Qualys, Inc.	134,271	$19,183,297
PRMB	Primo Brands Corp	576,123	$17,064,763
SEZL	Sezzle Inc.	93,506	$16,760,950
LOPE	Grand Canyon Education, Inc.	87,807	$16,595,523
IHG	Intercontinental Hotels Group PLC /New/	134,489	$15,511,961
CGNX	Cognex Corp	464,554	$14,735,652
HRB	H&R Block Inc	266,674	$14,637,735
OWL	Blue Owl Capital Inc.	761,910	$14,636,291
QFIN	Qfin Holdings, Inc.	337,540	$14,635,734
ENVA	Enova International, Inc.	127,426	$14,210,547
PKG	Packaging Corp Of America	72,143	$13,595,348
TPH	Tri Pointe Homes, Inc.	421,434	$13,464,816
EGO	Eldorado Gold Corp /Fi	658,126	$13,386,282
SITE	SiteOne Landscape Supply, Inc.	109,271	$13,215,234
MIDD	MIDDLEBY Corp	89,361	$12,867,984
MAA	Mid America Apartment Communities Inc.	81,971	$12,132,527
AG	First Majestic Silver Corp	1,449,659	$11,988,679
VLY	Valley National Bancorp	1,334,973	$11,921,308
EMN	Eastman Chemical Co	153,151	$11,434,253
EXTR	Extreme Networks Inc	627,572	$11,264,917
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,861 positions · $19,116,046,418 total · as of Sep 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,861 positions by value · page 1 of 38

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NAUT	Nautilus Biotechnology, Inc. Healthcare	Reduced	1	-62,346	$0	−100.0%	0.00%
ATNM	Actinium Pharmaceuticals, Inc. Healthcare	Reduced	1	-1,926	$1	−100.0%	0.00%
CVGI	Commercial Vehicle Group, Inc. Consumer Cyclical	NEW	84	NEW	$142	NEW	0.00%
SLNH	Soluna Holdings, Inc Financial Services	NEW	891	NEW	$2,093	NEW	0.00%
LI	Li Auto Inc. Consumer Cyclical	Reduced	100	-3,360	$2,534	−97.3%	0.00%
MXCT	Maxcyte, Inc. Healthcare	NEW	3,225	NEW	$5,095	NEW	0.00%
GPUS	Hyperscale Data, Inc. Industrials	NEW	11,767	NEW	$5,295	NEW	0.00%
OTLK	Outlook Therapeutics, Inc. Healthcare	Added	5,295	+5,269	$5,612	+13587.8%	0.00%
TNYA	Tenaya Therapeutics, Inc. Healthcare	Reduced	4,115	-191,983	$6,666	−94.4%	0.00%
BMEA	Biomea Fusion, Inc. Healthcare	Added	3,369	+2,521	$6,805	+345.9%	0.00%
HAIN	Hain Celestial Group Inc Consumer Defensive	Reduced	4,444	-115,817	$7,021	−96.2%	0.00%
SERA	Sera Prognostics, Inc. Healthcare	NEW	2,328	NEW	$7,123	NEW	0.00%
PRPL	Purple Innovation, Inc. Consumer Cyclical	Reduced	8,026	-73,728	$7,496	−87.4%	0.00%
ITOC	iTonic Holdings Ltd Healthcare	NEW	10,852	NEW	$8,442	NEW	0.00%
ENTX	Entera Bio Ltd. Healthcare	Added	4,673	+3,858	$8,972	+479.6%	0.00%
DIBS	1stdibs.com, Inc. Communication Services	NEW	3,610	NEW	$9,349	NEW	0.00%
NNBR	Nn Inc Industrials	Added	4,547	+3,176	$9,366	+225.3%	0.00%
DXLG	Destination XL Group, Inc. Consumer Cyclical	NEW	7,736	NEW	$10,134	NEW	0.00%
ZTEK	Zentek Ltd. Healthcare	NEW	14,622	NEW	$11,258	NEW	0.00%
HCWC	Healthy Choice Wellness Corp. Consumer Defensive	NEW	17,716	NEW	$13,464	NEW	0.00%
XBIT	XBiotech Inc. Healthcare	Reduced	5,320	-20,597	$14,151	−81.6%	0.00%
ALXO	Alx Oncology Holdings Inc Healthcare	NEW	8,025	NEW	$14,685	NEW	0.00%
XTIA	XTI Aerospace, Inc. Industrials	NEW	10,045	NEW	$14,766	NEW	0.00%
BAER	Bridger Aerospace Group Holdings, Inc. Industrials	NEW	8,075	NEW	$14,938	NEW	0.00%
LXEO	Lexeo Therapeutics, Inc. Healthcare	NEW	2,506	NEW	$16,639	NEW	0.00%
POWW	Outdoor Holding Co Industrials	NEW	11,278	NEW	$16,691	NEW	0.00%
SLI	Standard Lithium Ltd. Basic Materials	NEW	5,123	NEW	$17,264	NEW	0.00%
WYHG	Wing Yip Food Holdings Group Ltd Consumer Defensive	NEW	13,639	NEW	$17,594	NEW	0.00%
MGX	Metagenomi Therapeutics, Inc. Healthcare	Added	7,461	+4,348	$17,682	+283.8%	0.00%
CHRS	Coherus Oncology, Inc. Healthcare	NEW	10,789	NEW	$17,693	NEW	0.00%
EVC	Entravision Communications Corp Communication Services	NEW	7,743	NEW	$18,041	NEW	0.00%
OABI	OmniAb, Inc. Healthcare	Reduced	11,310	-60,835	$18,096	−85.6%	0.00%
DH	Definitive Healthcare Corp. Healthcare	Reduced	4,593	-45,978	$18,647	−90.5%	0.00%
LWLG	Lightwave Logic, Inc. Basic Materials	Reduced	5,281	-203,330	$19,592	−92.4%	0.00%
OLPX	Olaplex Holdings, Inc. Consumer Cyclical	NEW	16,497	NEW	$21,611	NEW	0.00%
DCGO	DocGo Inc. Healthcare	NEW	16,045	NEW	$21,821	NEW	0.00%
BZFD	BuzzFeed, Inc. Communication Services	Reduced	12,912	-6,767	$21,950	−44.2%	0.00%
MDWD	MediWound Ltd. Healthcare	NEW	1,312	NEW	$23,642	NEW	0.00%
BIOX	Bioceres Crop Solutions Corp. Basic Materials	NEW	16,990	NEW	$23,955	NEW	0.00%
EM	Smart Share Global Ltd Consumer Cyclical	NEW	17,783	NEW	$24,007	NEW	0.00%
WIT	Wipro Ltd Technology	Reduced	9,304	-414,725	$24,469	−98.1%	0.00%
RGEN	Repligen Corp Healthcare	Reduced	193	-60,897	$25,798	−99.7%	0.00%
CRDL	Cardiol Therapeutics Inc. Healthcare	NEW	25,079	NEW	$26,834	NEW	0.00%
PERF	Perfect Corp. Technology	Reduced	15,141	-18,748	$28,465	−63.5%	0.00%
CTM	Castellum, Inc. Technology	Reduced	26,266	-67,886	$28,629	−71.0%	0.00%
EGHT	8X8 Inc /De/ Technology	Reduced	13,866	-45,818	$29,395	−74.9%	0.00%
MPU	Mega Matrix Inc Communication Services	NEW	24,567	NEW	$29,480	NEW	0.00%
KOS	Kosmos Energy Ltd. Energy	Held	18,000	0	$29,880	−3.5%	0.00%
EVEX	Eve Holding, Inc. Industrials	NEW	8,440	NEW	$32,156	NEW	0.00%
VSTS	Vestis Corp Industrials	NEW	7,399	NEW	$33,517	NEW	0.00%