Cubist Systematic Strategies, LLC
Filing Date
Global Rank
#286
/ 7,976
▼ 22
Top Industry
Software - Infrastructure
7.2%
3Y Alpha vs SPY
-1.0%
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
+73.8%
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, 2025Top Position
1.6%
+0.5 pts
Top 5
6.1%
+1.6 pts
Top 10
9.9%
+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 | 12.9% | $2,474,285,199 |
| Financial Services | 11.5% | $2,193,885,154 |
| Consumer Cyclical | 11.2% | $2,150,532,889 |
| Healthcare | 9.4% | $1,790,125,413 |
| Communication Services | 6.8% | $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 | 2.9% | $559,961,540 |
| 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 | |
| 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 | 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. | ||||
85 positions ·
$932,310,062 total
· Consumer Defensive 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 85 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 1,195,101 | $123,167,109 | 13.21% | |
| KDP |
Keurig Dr Pepper Inc.
Consumer Defensive
|
Added | 2,436,005 | $62,142,487 | 6.67% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Reduced | 66,500 | $61,554,395 | 6.60% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Added | 365,900 | $59,348,980 | 6.37% | |
| BTI |
British American Tobacco p.l.c.
Consumer Defensive
|
Added | 975,070 | $51,756,715 | 5.55% | |
| TGT |
Target Corp
Consumer Defensive
|
Reduced | 491,500 | $44,087,550 | 4.73% | |
| CELH |
Celsius Holdings, Inc.
Consumer Defensive
|
Added | 675,524 | $38,835,874 | 4.17% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Added | 449,900 | $29,720,394 | 3.19% | |
| SFM |
Sprouts Farmers Market, Inc.
Consumer Defensive
|
Reduced | 267,083 | $29,058,630 | 3.12% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 175,500 | $26,965,575 | 2.89% | |
| MNST |
Monster Beverage Corp
Consumer Defensive
|
Added | 328,318 | $22,099,084 | 2.37% | |
| EL |
Estee Lauder Companies Inc
Consumer Defensive
|
Reduced | 249,200 | $21,959,504 | 2.36% | |
| BG |
Bunge Global SA
Consumer Defensive
|
Added | 206,100 | $16,745,625 | 1.80% | |
| LRN |
Stride, Inc.
Consumer Defensive
|
Reduced | 108,752 | $16,197,522 | 1.74% | |
| PPC |
Pilgrims Pride Corp
Consumer Defensive
|
Added | 395,319 | $16,097,389 | 1.73% | |
| VITL |
Vital Farms, Inc.
Consumer Defensive
|
NEW | 349,180 | $14,368,757 | 1.54% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 113,900 | $14,162,326 | 1.52% | |
| BRBR |
Bellring Brands, Inc.
Consumer Defensive
|
Reduced | 381,389 | $13,863,490 | 1.49% | |
| ELF |
e.l.f. Beauty, Inc.
Consumer Defensive
|
Reduced | 103,800 | $13,751,424 | 1.47% | |
| COUR |
Coursera, Inc.
Consumer Defensive
|
Added | 1,172,721 | $13,732,562 | 1.47% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
Added | 205,600 | $12,843,832 | 1.38% | |
| PRDO |
PERDOCEO EDUCATION Corp
Consumer Defensive
|
Reduced | 332,572 | $12,524,661 | 1.34% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Reduced | 92,700 | $12,483,909 | 1.34% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 78,400 | $11,010,496 | 1.18% | |
| FRPT |
Freshpet, Inc.
Consumer Defensive
|
Added | 194,995 | $10,746,174 | 1.15% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
NEW | 659,259 | $10,699,773 | 1.15% | |
| DEO |
Diageo PLC
Consumer Defensive
|
NEW | 110,910 | $10,584,141 | 1.14% | |
| HSY |
Hershey Co
Consumer Defensive
|
Reduced | 55,900 | $10,456,095 | 1.12% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Reduced | 116,838 | $9,340,029 | 1.00% | |
| LW |
Lamb Weston Holdings, Inc.
Consumer Defensive
|
Added | 154,039 | $8,946,585 | 0.96% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 130,600 | $8,803,746 | 0.94% | |
| EPC |
EDGEWELL PERSONAL CARE Co
Consumer Defensive
|
NEW | 409,278 | $8,332,900 | 0.89% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
Reduced | 139,300 | $8,321,782 | 0.89% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 121,100 | $8,031,352 | 0.86% | |
| JBS |
Jbs N.V.
Consumer Defensive
|
NEW | 515,320 | $7,693,727 | 0.83% | |
| SFD |
Smithfield Foods Inc
Consumer Defensive
|
Reduced | 322,087 | $7,562,602 | 0.81% | |
| ANDE |
Andersons, Inc.
Consumer Defensive
|
Added | 143,001 | $5,692,869 | 0.61% | |
| TSN |
Tyson Foods, Inc.
Consumer Defensive
|
Reduced | 103,500 | $5,620,050 | 0.60% | |
| CLX |
Clorox Co /De/
Consumer Defensive
|
Reduced | 45,300 | $5,585,490 | 0.60% | |
| KHC |
Kraft Heinz Co
Consumer Defensive
|
Reduced | 201,800 | $5,254,872 | 0.56% | |
| GIS |
General Mills Inc
Consumer Defensive
|
Reduced | 100,100 | $5,047,042 | 0.54% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Added | 53,000 | $4,942,250 | 0.53% | |
| DLTR |
Dollar Tree, Inc.
Consumer Defensive
|
Added | 52,300 | $4,935,551 | 0.53% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Added | 49,100 | $4,042,894 | 0.43% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Reduced | 39,000 | $4,030,650 | 0.43% | |
| CHEF |
Chefs' Warehouse, Inc.
Consumer Defensive
|
NEW | 64,077 | $3,737,611 | 0.40% | |
| DOLE |
Dole plc
Consumer Defensive
|
Reduced | 269,688 | $3,624,606 | 0.39% | |
| NOMD |
Nomad Foods Ltd
Consumer Defensive
|
NEW | 210,514 | $2,768,259 | 0.30% | |
| STRA |
Strategic Education, Inc.
Consumer Defensive
|
Reduced | 31,728 | $2,728,925 | 0.29% | |
| UDMY |
Udemy, Inc.
Consumer Defensive
|
Reduced | 363,542 | $2,548,429 | 0.27% |