Cubist Systematic Strategies, LLC
Filing Date
Global Rank
#287
/ 7,983
▼ 21
Top Industry
Software - Infrastructure
7.2%
3Y Alpha vs SPY
-0.8%
Period ended 9 months ago
Filed Nov 14, 2025 · 7mo
23 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+73.2%
SPY
+76.8%
Annualised alpha
-0.8%
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
1,864 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
1.6%
+0.5 pts
Top 5
6.1%
+1.6 pts
Top 10
9.8%
+1.9 pts
HHI
30
Diversified+4
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 26.7% | $5,103,918,276 |
| Industrials | 13.0% | $2,480,945,383 |
| Financial Services | 11.5% | $2,193,885,154 |
| Consumer Cyclical | 11.2% | $2,150,532,889 |
| Healthcare | 9.4% | $1,790,146,595 |
| Communication Services | 6.7% | $1,291,119,187 |
| Basic Materials | 5.0% | $951,773,712 |
| Consumer Defensive | 4.9% | $932,310,062 |
| Energy | 4.4% | $841,760,004 |
| Utilities | 3.0% | $565,810,174 |
| Unclassified | 2.6% | $501,315,502 |
| Real Estate | 1.7% | $325,059,480 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | |
| XIFR | XPLR Infrastructure, LP | −1,021,479 | 575,087 | $5,848,634 | |
| 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 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
130 positions ·
$951,773,712 total
· Basic Materials only
· 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 130 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SLI |
Standard Lithium Ltd.
Basic Materials
|
NEW | 5,123 | $17,264 | 0.00% | |
| LWLG |
Lightwave Logic, Inc.
Basic Materials
|
Reduced | 5,281 | $19,592 | 0.00% | |
| BIOX |
Bioceres Crop Solutions Corp.
Basic Materials
|
NEW | 16,990 | $23,955 | 0.00% | |
| THM |
International Tower Hill Mines Ltd
Basic Materials
|
NEW | 26,749 | $43,868 | 0.00% | |
| GLDG |
GoldMining Inc.
Basic Materials
|
NEW | 37,633 | $46,288 | 0.00% | |
| DVS |
DOLLY VARDEN SILVER CORP
Basic Materials
|
NEW | 12,255 | $61,397 | 0.01% | |
| AMTX |
Aemetis, Inc
Basic Materials
|
Reduced | 32,047 | $72,105 | 0.01% | |
| PZG |
Paramount Gold Nevada Corp.
Basic Materials
|
NEW | 64,417 | $79,232 | 0.01% | |
| ALTO |
Alto Ingredients, Inc.
Basic Materials
|
Added | 74,672 | $80,645 | 0.01% | |
| HYMC |
Hycroft Mining Holding Corp
Basic Materials
|
Added | 15,275 | $94,705 | 0.01% | |
| ASPI |
ASP Isotopes Inc.
Basic Materials
|
NEW | 10,512 | $101,125 | 0.01% | |
| PLG |
Platinum Group Metals Ltd
Basic Materials
|
NEW | 39,164 | $103,784 | 0.01% | |
| MUX |
McEwen Inc.
Basic Materials
|
Added | 6,128 | $104,788 | 0.01% | |
| VGZ |
Vista Gold Corp
Basic Materials
|
NEW | 64,024 | $136,371 | 0.01% | |
| TMQ |
Trilogy Metals Inc.
Basic Materials
|
Added | 74,381 | $156,200 | 0.02% | |
| VOXR |
Vox Royalty Corp.
Basic Materials
|
Reduced | 60,403 | $259,732 | 0.03% | |
| ITRG |
Integra Resources Corp.
Basic Materials
|
Added | 96,280 | $284,026 | 0.03% | |
| DC |
Dakota Gold Corp.
Basic Materials
|
Added | 62,994 | $286,622 | 0.03% | |
| MERC |
Mercer International Inc.
Basic Materials
|
Reduced | 101,203 | $291,464 | 0.03% | |
| CMP |
Compass Minerals International Inc
Basic Materials
|
Reduced | 16,498 | $316,761 | 0.03% | |
| ODC |
Oil-Dri Corp of America
Basic Materials
|
Reduced | 6,431 | $392,548 | 0.04% | |
| MTA |
Metalla Royalty & Streaming Ltd.
Basic Materials
|
Added | 63,266 | $401,739 | 0.04% | |
| SVM |
Silvercorp Metals Inc
Basic Materials
|
NEW | 65,747 | $415,521 | 0.04% | |
| CNL |
Collective Mining Ltd.
Basic Materials
|
NEW | 28,867 | $417,128 | 0.04% | |
| CLW |
Clearwater Paper Corp
Basic Materials
|
Reduced | 21,658 | $449,620 | 0.05% | |
| SGML |
Sigma Lithium Corp
Basic Materials
|
Reduced | 85,172 | $545,952 | 0.06% | |
| IE |
Ivanhoe Electric Inc.
Basic Materials
|
NEW | 44,674 | $560,658 | 0.06% | |
| EXK |
Endeavour Silver Corp
Basic Materials
|
NEW | 76,900 | $602,896 | 0.06% | |
| IPX |
IPERIONX Ltd
Basic Materials
|
NEW | 12,388 | $611,347 | 0.06% | |
| LAC |
Lithium Americas Corp.
Basic Materials
|
NEW | 117,142 | $668,880 | 0.07% | |
| LOMA |
Loma Negra Compania Industrial Argentina Sociedad Anonima
Basic Materials
|
Added | 91,064 | $671,141 | 0.07% | |
| SLSR |
Solaris Resources Inc.
Basic Materials
|
Added | 106,000 | $675,220 | 0.07% | |
| GAU |
Galiano Gold Inc.
Basic Materials
|
NEW | 316,858 | $693,919 | 0.07% | |
| AVD |
American Vanguard Corp
Basic Materials
|
Added | 124,542 | $714,871 | 0.08% | |
| GROY |
Gold Royalty Corp.
Basic Materials
|
Reduced | 186,237 | $718,874 | 0.08% | |
| WFG |
West Fraser Timber Co., Ltd
Basic Materials
|
NEW | 10,844 | $737,175 | 0.08% | |
| CLMT |
Calumet, Inc. /DE
Basic Materials
|
NEW | 41,690 | $760,842 | 0.08% | |
| TGLS |
Tecnoglass Inc.
Basic Materials
|
Reduced | 13,030 | $871,837 | 0.09% | |
| SCCO |
Southern Copper Corp/
Basic Materials
|
Reduced | 7,594 | $907,037 | 0.10% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
Added | 23,200 | $1,018,248 | 0.11% | |
| USAS |
Americas Gold & Silver Corp
Basic Materials
|
NEW | 293,470 | $1,091,708 | 0.11% | |
| AMR |
Alpha Metallurgical Resources, Inc.
Basic Materials
|
Reduced | 7,000 | $1,148,630 | 0.12% | |
| KOP |
Koppers Holdings Inc.
Basic Materials
|
Added | 48,390 | $1,354,920 | 0.14% | |
| IPI |
Intrepid Potash, Inc.
Basic Materials
|
Reduced | 45,388 | $1,387,965 | 0.15% | |
| ASIX |
AdvanSix Inc.
Basic Materials
|
Added | 71,780 | $1,391,096 | 0.15% | |
| JHX |
James Hardie Industries plc
Basic Materials
|
NEW | 76,143 | $1,462,707 | 0.15% | |
| PPTA |
Perpetua Resources Corp.
Basic Materials
|
NEW | 76,200 | $1,541,526 | 0.16% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Reduced | 11,100 | $1,547,673 | 0.16% | |
| CGAU |
Centerra Gold Inc.
Basic Materials
|
Added | 151,335 | $1,623,824 | 0.17% | |
| ASTL |
Algoma Steel Group Inc.
Basic Materials
|
NEW | 464,682 | $1,651,944 | 0.17% |