FARALLON CAPITAL MANAGEMENT LLC
CIK
909661
Location
SAN FRANCISCO, CA
Portfolio Value
Large
$14,978,021,921
Diversification
Diversified
Filing Date
Global Rank
#324
/ 8,623
▼ 42
· as of Mar 2026
Top Industry
Biotechnology
34.5%
3Y Alpha vs SPY
-1.0%
Period ended 4 months ago
Filed May 15, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+61.4%
SPY
+65.3%
Annualised alpha
-1.0%
Max drawdown
−20.3%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 83% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
161 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
8.8%
−1.7 pts
Top 5
30.6%
−1.5 pts
Top 10
50.0%
−0.7 pts
HHI
368
Diversified−9
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 59.4% | $8,894,951,206 |
| Financial Services | 14.1% | $2,116,905,881 |
| Technology | 13.1% | $1,955,917,987 |
| Consumer Cyclical | 6.0% | $893,705,238 |
| Industrials | 4.6% | $690,115,005 |
| Communication Services | 2.3% | $347,272,016 |
| Real Estate | 0.3% | $40,015,100 |
| Unclassified | 0.2% | $31,696,821 |
| Basic Materials | 0.0% | $5,019,002 |
| Energy | 0.0% | $2,410,327 |
| Consumer Defensive | 0.0% | $13,338 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ROIV | Roivant Sciences Ltd. | +9,638,000 | 9,675,000 | $267,997,500 | |
| KKR | KKR & Co. Inc. | +2,654,100 | 4,671,800 | $432,141,500 | |
| BTSG | BrightSpring Health Services, Inc. | +1,595,000 | 1,617,000 | $68,900,370 | |
| IMVT | Immunovant, Inc. | +1,534,000 | 1,546,000 | $38,402,640 | |
| TYRA | Tyra Biosciences, Inc. | +1,514,000 | 3,580,818 | $137,145,329 | |
| TWST | Twist Bioscience Corp | +1,420,000 | 1,427,650 | $67,841,928 | |
| CRNX | Crinetics Pharmaceuticals, Inc. | +1,405,000 | 8,338,098 | $302,839,719 | |
| PCVX | Vaxcyte, Inc. | +1,256,000 | 1,261,000 | $73,276,710 | |
| GRAL | GRAIL, Inc. | +911,000 | 3,253,684 | $168,150,389 | |
| AVGO | Broadcom Inc. | +887,100 | 1,779,500 | $550,773,045 | |
| CGON | CG Oncology, Inc. | +666,000 | 674,000 | $45,616,320 | |
| SCHW | Schwab Charles Corp | +616,000 | 3,955,657 | $371,752,644 | |
| AGIO | Agios Pharmaceuticals, Inc. | +524,495 | 5,684,000 | $192,289,720 | |
| BBIO | BridgeBio Pharma, Inc. | +367,000 | 9,365,463 | $695,479,282 | |
| TEVA | Teva Pharmaceutical Industries Ltd | +314,000 | 354,000 | $10,662,480 | |
| MA | Mastercard Inc | +262,400 | 435,071 | $217,387,575 | |
| TMO | Thermo Fisher Scientific Inc. | +245,800 | 881,485 | $433,276,322 | |
| UNH | Unitedhealth Group Inc | +222,800 | 1,821,706 | $492,935,426 | |
| SNPS | Synopsys Inc | +214,100 | 1,213,300 | $481,049,184 | |
| PTGX | Protagonist Therapeutics, Inc | +204,900 | 6,348,906 | $669,174,692 | |
| LNTH | Lantheus Holdings, Inc. | +156,000 | 5,583,479 | $423,506,882 | |
| V | Visa Inc. | +144,800 | 840,710 | $254,096,190 | |
| MSFT | Microsoft Corp | +130,700 | 2,344,779 | $867,966,842 | |
| BIDU | Baidu, Inc. | +128,485 | 443,785 | $49,446,524 | |
| ENTA | Enanta Pharmaceuticals Inc | +99,600 | 2,871,862 | $36,271,617 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VNET | VNET Group, Inc. | −5,662,039 | 623,347 | $5,229,881 | |
| TNGX | Tango Therapeutics, Inc. | −3,964,000 | 9,097,411 | $190,317,838 | |
| HIMS | Hims & Hers Health, Inc. | −3,376,986 | 10,000 | $207,600 | |
| ARMK | Aramark | −3,221,615 | 6,135,431 | $248,730,372 | |
| BITW | Bitwise 10 Crypto Index ETF | −2,782,500 | 603,000 | $26,898,021 | |
| EXEL | Exelixis, Inc. | −2,598,490 | 13,111,010 | $562,331,218 | |
| DIS | Walt Disney Co | −1,724,400 | 2,401,591 | $231,465,340 | |
| RVMD | Revolution Medicines, Inc. | −978,000 | 13,604,796 | $1,323,066,411 | |
| WAB | Westinghouse Air Brake Technologies Corp | −866,600 | 1,609,403 | $402,205,903 | |
| NTRA | Natera, Inc. | −707,000 | 3,207,366 | $641,441,126 | |
| BBNX | Beta Bionics, Inc. | −706,000 | 3,607,920 | $36,151,358 | |
| TERN | Terns Pharmaceuticals, Inc. | −635,000 | 7,000 | $369,040 | |
| CNTA | Centessa Pharmaceuticals plc | −568,068 | 4,809,000 | $191,013,480 | |
| ABVX | Abivax S.A. | −385,000 | 2,000 | $222,700 | |
| AMKR | Amkor Technology, Inc. | −360,000 | 104,000 | $4,683,120 | |
| AMZN | Amazon Com Inc | −281,500 | 4,218,394 | $878,564,918 | |
| OSCR | Oscar Health, Inc. | −253,000 | 11,000 | $126,170 | |
| EHC | Encompass Health Corp | −231,500 | 3,000 | $290,190 | |
| CAH | Cardinal Health Inc | −208,000 | 368,000 | $77,762,080 | |
| NVAX | Novavax Inc | −173,000 | 22,000 | $179,080 | |
| AON | Aon plc | −152,600 | 2,512,638 | $811,029,293 | |
| WELL | Welltower Inc. | −143,000 | 200,000 | $39,542,000 | |
| GH | Guardant Health, Inc. | −101,000 | 8,000 | $738,960 | |
| WGS | GeneDx Holdings Corp. | −65,000 | 5,000 | $321,100 | |
| MCK | Mckesson Corp | −64,600 | 234,300 | $202,753,848 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DNTH | Dianthus Therapeutics, Inc. /DE/ | 836,000 | $70,157,120 | |
| AZN | Astrazeneca PLC | 226,499 | $44,670,132 | |
| MRK | Merck & Co., Inc. | 361,000 | $43,424,690 | |
| ACHC | Acadia Healthcare Company, Inc. | 1,736,800 | $40,623,752 | |
| JNJ | Johnson & Johnson | 148,000 | $36,177,120 | |
| NTES | NetEase, Inc. | 291,219 | $32,599,054 | |
| NVO | Novo Nordisk A S | 782,000 | $28,738,500 | |
| RPRX | Royalty Pharma plc | 493,000 | $23,649,210 | |
| CECO | Ceco Environmental Corp | 234,000 | $13,941,720 | |
| AVTX | Avalo Therapeutics, Inc. | 916,000 | $13,675,880 | |
| GDS | GDS Holdings Ltd | 292,000 | $11,764,680 | |
| MAZE | Maze Therapeutics, Inc. | 373,000 | $11,134,050 | |
| FORM | Formfactor Inc | 56,500 | $5,479,935 | |
| MTZ | Mastec Inc | 17,000 | $5,469,580 | |
| ENTG | Entegris Inc | 45,500 | $5,334,420 | |
| C | Citigroup Inc | 47,000 | $5,330,270 | |
| H | Hyatt Hotels Corp | 36,000 | $5,176,440 | |
| WAL | Western Alliance Bancorporation | 73,000 | $5,172,050 | |
| TKR | Timken Co | 51,000 | $5,129,070 | |
| FLEX | Flex Ltd. | 78,000 | $5,105,880 | |
| SPGI | S&P Global Inc. | 12,000 | $5,104,079 | |
| LFUS | Littelfuse Inc /De | 15,000 | $5,090,250 | |
| PIPR | Piper Sandler Companies | 66,000 | $5,052,300 | |
| AIR | Aar Corp | 46,000 | $5,035,160 | |
| RIO | Rio Tinto PLC | 53,800 | $5,019,002 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SPY | Spdr S&P 500 ETF Trust | 3,000,000 | $2,045,760,000 | |
| EXAS | EXACT SCIENCES CORP | 6,405,000 | $650,491,800 | |
| LLY | ELI LILLY & Co | 375,000 | $403,005,037 | |
| CRM | Salesforce, Inc. | 1,261,177 | $334,098,399 | |
| NDAQ | Nasdaq, Inc. | 2,989,213 | $290,342,258 | |
| NYT | New York Times Co | 3,280,678 | $227,744,666 | |
| CBRE | Cbre Group, Inc. | 983,771 | $158,180,539 | |
| IBIT | iShares Bitcoin Trust ETF | 2,137,100 | $106,107,015 | |
| TRU | TransUnion | 675,000 | $57,881,250 | |
| INSM | INSMED Inc | 253,000 | $44,032,120 | |
| ALNY | Alnylam Pharmaceuticals, Inc. | 100,000 | $39,765,000 | |
| ETHA | iShares Ethereum Trust ETF | 1,481,001 | $33,218,852 | |
| GPCR | Structure Therapeutics Inc. | 454,000 | $31,575,700 | |
| MLYS | Mineralys Therapeutics, Inc. | 823,296 | $29,877,411 | |
| SUNC | SunocoCorp LLC | 606,277 | $29,877,330 | |
| VSTM | Verastem, Inc. | 2,000,000 | $15,440,000 | |
| DOCS | Doximity, Inc. | 311,000 | $13,771,080 | |
| MDLN | Medline Inc. | 260,000 | $10,920,000 | |
| EDU | New Oriental Education & Technology Group Inc. | 196,000 | $10,785,880 | |
| ETH | Grayscale Ethereum Staking Mini ETF | 228,340 | $6,407,220 | |
| ASND | Ascendis Pharma A/S | 1,400 | $298,536 | |
| ACLX | Arcellx, Inc. | 4,000 | $260,800 | |
| SLNO | Soleno Therapeutics Inc | 5,000 | $231,500 | |
| ICLR | Icon PLC | 1,200 | $218,664 | |
| ESTA | Establishment Labs Holdings Inc. | 3,000 | $218,640 | |
| No positions match the current search. | ||||
161 tracked positions ·
$14,978,021,921 total
· filing declares
172 positions · $17,542,713,843
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Showing 1–50
of 161 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| RVMD |
Revolution Medicines, Inc.
Healthcare
|
Reduced | 13,604,796 | $1,323,066,411 | 8.83% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 4,218,394 | $878,564,918 | 5.87% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 2,344,779 | $867,966,842 | 5.79% | |
| AON |
Aon plc
Financial Services
|
Reduced | 2,512,638 | $811,029,293 | 5.41% | |
| BBIO |
BridgeBio Pharma, Inc.
Healthcare
|
Added | 9,365,463 | $695,479,282 | 4.64% | |
| PTGX |
Protagonist Therapeutics, Inc
Healthcare
|
Added | 6,348,906 | $669,174,692 | 4.47% | |
| NTRA |
Natera, Inc.
Healthcare
|
Reduced | 3,207,366 | $641,441,126 | 4.28% | |
| EXEL |
Exelixis, Inc.
Healthcare
|
Reduced | 13,111,010 | $562,331,218 | 3.75% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 1,779,500 | $550,773,045 | 3.68% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 1,821,706 | $492,935,426 | 3.29% | |
| SNPS |
Synopsys Inc
Technology
|
Added | 1,213,300 | $481,049,184 | 3.21% | |
| BSX |
Boston Scientific Corp
Healthcare
|
Added | 7,470,684 | $468,785,421 | 3.13% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Added | 881,485 | $433,276,322 | 2.89% | |
| KKR |
KKR & Co. Inc.
Financial Services
|
Added | 4,671,800 | $432,141,500 | 2.89% | |
| LNTH |
Lantheus Holdings, Inc.
Healthcare
|
Added | 5,583,479 | $423,506,882 | 2.83% | |
| WAB |
Westinghouse Air Brake Technologies Corp
Industrials
|
Reduced | 1,609,403 | $402,205,903 | 2.69% | |
| SCHW |
Schwab Charles Corp
Financial Services
|
Added | 3,955,657 | $371,752,644 | 2.48% | |
| LQDA |
Liquidia Corp
Healthcare
|
Held | 8,656,038 | $326,678,874 | 2.18% | |
| CRNX |
Crinetics Pharmaceuticals, Inc.
Healthcare
|
Added | 8,338,098 | $302,839,719 | 2.02% | |
| ROIV |
Roivant Sciences Ltd.
Healthcare
|
Added | 9,675,000 | $267,997,500 | 1.79% | |
| V |
Visa Inc.
Financial Services
|
Added | 840,710 | $254,096,190 | 1.70% | |
| ARMK |
Aramark
Industrials
|
Reduced | 6,135,431 | $248,730,372 | 1.66% | |
| BEAM |
Beam Therapeutics Inc.
Healthcare
|
Added | 10,134,696 | $241,509,805 | 1.61% | |
| DIS |
Walt Disney Co
Communication Services
|
Reduced | 2,401,591 | $231,465,340 | 1.55% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 435,071 | $217,387,575 | 1.45% | |
| MCK |
Mckesson Corp
Healthcare
|
Reduced | 234,300 | $202,753,848 | 1.35% | |
| AGIO |
Agios Pharmaceuticals, Inc.
Healthcare
|
Added | 5,684,000 | $192,289,720 | 1.28% | |
| CNTA |
Centessa Pharmaceuticals plc
Healthcare
|
Reduced | 4,809,000 | $191,013,480 | 1.28% | |
| TNGX |
Tango Therapeutics, Inc.
Healthcare
|
Reduced | 9,097,411 | $190,317,838 | 1.27% | |
| GRAL |
GRAIL, Inc.
Healthcare
|
Added | 3,253,684 | $168,150,389 | 1.12% | |
| TYRA |
Tyra Biosciences, Inc.
Healthcare
|
Added | 3,580,818 | $137,145,329 | 0.92% | |
| THC |
Tenet Healthcare Corp
Healthcare
|
Added | 452,153 | $85,325,792 | 0.57% | |
| CAH |
Cardinal Health Inc
Healthcare
|
Reduced | 368,000 | $77,762,080 | 0.52% | |
| PCVX |
Vaxcyte, Inc.
Healthcare
|
Added | 1,261,000 | $73,276,710 | 0.49% | |
| DNTH |
Dianthus Therapeutics, Inc. /DE/
Healthcare
|
NEW | 836,000 | $70,157,120 | 0.47% | |
| BTSG |
BrightSpring Health Services, Inc.
Healthcare
|
Added | 1,617,000 | $68,900,370 | 0.46% | |
| TWST |
Twist Bioscience Corp
Healthcare
|
Added | 1,427,650 | $67,841,928 | 0.45% | |
| BIDU |
Baidu, Inc.
Communication Services
|
Added | 443,785 | $49,446,524 | 0.33% | |
| CGON |
CG Oncology, Inc.
Healthcare
|
Added | 674,000 | $45,616,320 | 0.30% | |
| AZN |
Astrazeneca PLC
Healthcare
|
NEW | 226,499 | $44,670,132 | 0.30% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
NEW | 361,000 | $43,424,690 | 0.29% | |
| ACHC |
Acadia Healthcare Company, Inc.
Healthcare
|
NEW | 1,736,800 | $40,623,752 | 0.27% | |
| WELL |
Welltower Inc.
Real Estate
|
Reduced | 200,000 | $39,542,000 | 0.26% | |
| IMVT |
Immunovant, Inc.
Healthcare
|
Added | 1,546,000 | $38,402,640 | 0.26% | |
| ENTA |
Enanta Pharmaceuticals Inc
Healthcare
|
Added | 2,871,862 | $36,271,617 | 0.24% | |
| JNJ |
Johnson & Johnson
Healthcare
|
NEW | 148,000 | $36,177,120 | 0.24% | |
| BBNX |
Beta Bionics, Inc.
Healthcare
|
Reduced | 3,607,920 | $36,151,358 | 0.24% | |
| ASMB |
Assembly Biosciences, Inc.
Healthcare
|
Held | 1,227,590 | $34,065,622 | 0.23% | |
| JOYY |
JOYY Inc.
Communication Services
|
Held | 578,200 | $33,761,098 | 0.23% | |
| NTES |
NetEase, Inc.
Communication Services
|
NEW | 291,219 | $32,599,054 | 0.22% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.