Generalist · Chicago, IL
Balyasny Asset Management
Q4 2025 · compared with Q3 2025
Filed as Balyasny Asset Management L.P.
- Software
- $3.4B
- Weight of 13F
- 6.7%
- Names
- 142
- Net bought
- +$303M
Filed 17 February 2026 · SEC filing.
Call exposure on these names is $513M across 56 lines. Calls are not in the stock total.
2,075 positions in the whole 13F.
Quarters on file
Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.
- Q2 2026141 names · $485M in calls, not in the total$3.4B+$784M
- Q1 2026138 names · $462M in calls, not in the total$2.3B−$716M
- Q4 2025142 names · $513M in calls, not in the total$3.4B+$303M
- Q3 2025133 names · $881M in calls, not in the total$3.3B+$466M
- Q2 2025127 names · $1.4B in calls, not in the total$2.8B−$194M
- Q1 2025131 names · $454M in calls, not in the total$2.5B+$195M
- Q4 2024124 names · $416M in calls, not in the total$2.6B−$160M
- Q3 2024131 names · $432M in calls, not in the total$2.5B+$661M
- Q2 2024127 names · $388M in calls, not in the total$1.8B−$118M
- Q1 2024130 names · $285M in calls, not in the total$2.0B+$201M
- Q4 2023116 names · $194M in calls, not in the total$1.7B−$668M
- Q3 2023109 names · $177M in calls, not in the total$2.0B−$462M
- Q2 2023107 names · $173M in calls, not in the total$2.5B+$568M
- Q1 2023116 names · $186M in calls, not in the total$1.6B−$560M
- Q4 2022107 names · $112M in calls, not in the total$1.9B+$584M
- Q3 2022100 names · $58.1M in calls, not in the total$1.3B+$400M
- Q2 202286 names · $95.2M in calls, not in the total$1.0B+$227M
- Q1 202290 names · $88.3M in calls, not in the total$1.4B−$74.0M
- Q4 202180 names · $41.9M in calls, not in the total$1.6B−$147M
- Q3 202165 names · $287M in calls, not in the total$1.7B+$463M
- Q2 202165 names · $27.9M in calls, not in the total$1.1B+$415M
- Q1 202168 names · $44.2M in calls, not in the total$984M−$12.1M
- Q4 202052 names · $27.6M in calls, not in the total$1.0B+$70.2M
- Q3 202053 names · $13.8M in calls, not in the total$785M+$16.1M
- Q2 202047 names · $6.0M in calls, not in the total$713M+$76.7M
- Q1 202045 names · $9.9M in calls, not in the total$424M−$404M
- Q4 201941 names · $50.1M in calls, not in the total$980M+$143M
- Q3 201946 names · $44.8M in calls, not in the total$812M+$362M
- Q2 201956 names · $40.3M in calls, not in the total$507M−$77.6M
- Q1 201946 names · $33.1M in calls, not in the total$567M−$93.0M
- Q4 201848 names · $39.2M in calls, not in the total$557M−$158M
- Q3 201855 names · $92.6M in calls, not in the total$806M−$77.9M
- Q2 201857 names · $39.6M in calls, not in the total$803M−$63.0M
- Q1 201866 names · $77.0M in calls, not in the total$816M−$168M
- Q4 201769 names · $97.1M in calls, not in the total$930M+$20.2M
- Q3 201748 names · $104M in calls, not in the total$836M+$42.6M
- Q2 201736 names · $105M in calls, not in the total$747M+$85.7M
- Q1 201744 names · $54.2M in calls, not in the total$613M+$132M
- Q4 201638 names · $21.5M in calls, not in the total$413M−$39.6M
- Q3 201629 names · $192K in calls, not in the total$453M+$238M
- Q2 201624 names · $19.0M in calls, not in the total$166M—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT1,517,769 shares · 21.4% of their software · price −$52.1M$734M−$288M
- UnityU4,157,271 shares · 5.4% of their software · price +$17.2M$184M+$86.7M
- CrowdStrikeCRWD330,141 shares · 4.5% of their software · price −$7.1M$155M+$158M
- TwilioTWLO1,051,014 shares · 4.4% of their software · price +$44.3M$149M+$94.8M
- ToastTOST4,031,705 shares · 4.2% of their software · price −$4.0M$143M+$147M
- SalesforceCRM524,253 shares · 4.1% of their software · price +$14.6M$139M+$91.0M
- MongoDBMDB296,584 shares · 3.6% of their software · price +$32.4M$124M+$72.2M
- OktaOKTA1,221,663 shares · 3.1% of their software · price −$6.4M$106M+$90.7M
- SnowflakeSNOW442,699 shares · 2.8% of their software · price −$2.7M$97.1M+$72.7M
- VeevaVEEV424,944 shares · 2.8% of their software · price −$31.7M$94.9M+$126M
- Clearwater AnalyticsCWAN3,487,790 shares · 2.5% of their software$84.1M—
- VeriSign, Inc.VRSN287,278 shares · 2.0% of their software · price −$10.5M$69.8M−$37.3M
- AtlassianTEAM409,658 shares · 1.9% of their software · price +$1,000K$66.4M+$65.1M
- OracleORCL324,146 shares · 1.8% of their software · price −$28.0M$63.2M−$14.5M
- BroadridgeBR281,223 shares · 1.8% of their software · price −$4.2M$62.8M+$13.7M
- Block, Inc.XYZ927,496 shares · 1.8% of their software · price −$6.7M$60.4M+$11.3M
- Global-EGLBE1,425,163 shares · 1.6% of their software · price +$5.1M$56.0M−$30.3M
- ShopifySHOP342,845 shares · 1.6% of their software · price +$4.2M$55.2M+$48.6M
- CloudflareNET262,698 shares · 1.5% of their software · price −$4.6M$51.8M−$1.6M
- HubSpotHUBS107,733 shares · 1.3% of their software · price −$7.2M$43.2M−$174M
- Grab Holdings LimitedGRAB7,648,631 shares · 1.1% of their software · price −$7.9M$38.2M+$34.4M
- Manhattan AssociatesMANH219,697 shares · 1.1% of their software · price −$7.0M$38.1M+$33.6M
- PaylocityPCTY211,591 shares · 0.9% of their software · price −$1.4M$32.3MNew · +$33.7M
- Uber Technologies, Inc.UBER394,731 shares · 0.9% of their software · price −$6.4M$32.3M+$29.7M
- FreshworksFRSH2,609,516 shares · 0.9% of their software · price +$1.3M$32.0MNew · +$30.7M
- PTCPTC178,143 shares · 0.9% of their software · price −$5.1M$31.0M+$27.4M
- SAPSAP126,722 shares · 0.9% of their software · price −$3.1M$30.8MNew · +$33.9M
- Tyler TechnologiesTYL63,490 shares · 0.8% of their software · price −$4.4M$28.8M+$23.8M
- StoneCo Ltd.STNE1,934,964 shares · 0.8% of their software · price −$8.0M$28.6M+$33.3M
- BILLBILL509,207 shares · 0.8% of their software · price +$799K$27.8M−$52.6M
- Joint Stock Company Kaspi.kzKSPI319,737 shares · 0.7% of their software · price −$1.1M$25.0M+$15.5M
- ZoomZM248,553 shares · 0.6% of their software · price +$942K$21.4M+$9.4M
- ServiceTitanTTAN188,485 shares · 0.6% of their software · price +$1.1M$20.1M+$9.8M
- NICENICE176,474 shares · 0.6% of their software · price −$5.6M$19.9MNew · +$25.5M
- VeriskVRSK89,032 shares · 0.6% of their software · price −$2.5M$19.9M+$12.5M
- WaystarWAY507,637 shares · 0.5% of their software · price −$2.6M$16.6M+$11.0M
- GuidewireGWRE81,316 shares · 0.5% of their software · price −$2.3M$16.3M+$15.8M
- Navan, Inc.NAVN931,157 shares · 0.5% of their software$15.9MNew · +$15.9M
- Bentley SystemsBSY388,481 shares · 0.4% of their software · price −$5.2M$14.8M−$933K
- ElasticESTC194,728 shares · 0.4% of their software · price −$1.8M$14.7M−$5.8M
- DigitalOceanDOCN300,272 shares · 0.4% of their software · price +$4.2M$14.4M−$28.7M
- Amdocs LimitedDOX176,528 shares · 0.4% of their software$14.2MNew · +$14.5M
- MagniteMGNI873,208 shares · 0.4% of their software · price −$4.8M$14.2MNew · +$19.0M
- nCinoNCNO511,226 shares · 0.4% of their software · price −$752K$13.1M−$40.5M
- TenableTENB555,225 shares · 0.4% of their software · price −$3.1M$13.1MNew · +$16.2M
- FactSetFDS44,712 shares · 0.4% of their software$13.0MNew · +$12.8M
- BullishBLSH333,372 shares · 0.4% of their software · price −$8.6M$12.6M−$21.8M
- AdobeADBE34,229 shares · 0.3% of their software$12.0M+$576K
- Palo Alto NetworksPANW64,154 shares · 0.3% of their software · price −$1.2M$11.8M+$7.5M
- ServiceNowNOW75,036 shares · 0.3% of their software · price −$57.6M$11.5M+$61.6M
- DatadogDDOG83,646 shares · 0.3% of their software · price −$536K$11.4M+$1.8M
- PAR Technology CorporationPAR303,954 shares · 0.3% of their software · price −$1.0M$11.0M+$6.6M
- SailPointSAIL535,475 shares · 0.3% of their software · price −$991K$10.8M+$6.6M
- Clear Secure, Inc.YOU265,887 shares · 0.3% of their software$9.3M+$5.1M
- WorkdayWDAY41,501 shares · 0.3% of their software · price −$1.1M$8.9M+$5.7M
- CommvaultCVLT66,832 shares · 0.2% of their software · price −$4.2M$8.4MNew · +$12.6M
- PalantirPLTR43,907 shares · 0.2% of their software$7.8M−$1.3M
- DescartesDSGX88,564 shares · 0.2% of their software · price −$582K$7.8M+$3.7M
- Upbound Group, Inc.UPBD441,351 shares · 0.2% of their software · price −$2.7M$7.8M+$4.9M
- KlaviyoKVYO227,664 shares · 0.2% of their software · price +$1.1M$7.4M−$9.7M
- Remitly Global, Inc.RELY533,999 shares · 0.2% of their software · price −$1.3M$7.4M−$2.2M
- Wealthfront CorporationWLTH516,527 shares · 0.2% of their software$7.0MNew · +$7.0M
- SentinelOneS444,294 shares · 0.2% of their software · price −$1.2M$6.7M+$6.6M
- BlackBerry LimitedBB1,737,951 shares · 0.2% of their software · price −$1.9M$6.6M+$8.1M
- DuolingoDUOL35,392 shares · 0.2% of their software · price −$5.2M$6.2M−$122M
- F5, Inc.FFIV23,847 shares · 0.2% of their software · price −$1.6M$6.1M+$4.9M
- Chime Financial, Inc.CHYM239,244 shares · 0.2% of their software · price +$1.2M$6.0MNew · +$4.8M
- Five9FIVN298,537 shares · 0.2% of their software · price −$1.2M$6.0M−$8.6M
- AppFolioAPPF25,456 shares · 0.2% of their software · price −$1.1M$5.9MNew · +$7.0M
- SemrushSEMR407,760 shares · 0.1% of their software$4.8MNew
- ACI WorldwideACIW99,089 shares · 0.1% of their software$4.7M+$1.4M
- Strategy IncMSTR27,056 shares · 0.1% of their software · price −$4.6M$4.1M+$519K
- Lyft, Inc.LYFT210,785 shares · 0.1% of their software · price −$556K$4.1MNew · +$4.6M
- IntuitINTU5,561 shares · 0.1% of their software$3.7M−$5.7M
- Grindr Inc.GRND268,531 shares · 0.1% of their software$3.6M−$10.1M
- EVERTEC, Inc.EVTC123,464 shares · 0.1% of their software · price −$579K$3.6M+$1.8M
- FlywireFLYW241,997 shares · 0.1% of their software$3.4MNew · +$3.3M
- C3.aiAI245,204 shares · 0.1% of their software · price −$946K$3.3M+$3.8M
- ePlus inc.PLUS33,925 shares · 0.1% of their software · price +$566K$3.0M+$651K
- Donnelley Financial Solutions, Inc.DFIN62,934 shares · 0.1% of their software$2.9MNew · +$3.2M
- ZoomInfoZI280,277 shares · 0.1% of their software$2.9M—
- AppLovinAPP4,110 shares · 0.1% of their software$2.8M+$1.2M
- AutodeskADSK9,301 shares · 0.1% of their software$2.8M+$965K
- Intapp, Inc.INTA56,582 shares · 0.1% of their software$2.6MNew · +$2.3M
- ProgressPRGS59,361 shares · 0.1% of their software$2.6MNew · +$2.6M
- CCC Intelligent Solutions Holdings Inc.CCC298,530 shares · 0.1% of their software$2.4M−$1.6M
- FortinetFTNT28,571 shares · 0.1% of their software$2.3M+$933K
- Cerence Inc.CRNC191,286 shares · 0.1% of their software$2.0M+$519K
- Sabre CorporationSABR1,455,933 shares · 0.1% of their software · price −$684K$2.0M+$1.6M
- International Money Express, Inc.IMXI128,494 shares · 0.1% of their software$2.0M+$1.2M
- SynopsysSNPS3,861 shares · 0.1% of their software$1.8M−$4.9M
- VaronisVRNS55,000 shares · 0.1% of their software · price −$1.4M$1.8M−$977K
- Dave Inc.DAVE8,082 shares · 0.1% of their software$1.8M−$13.5M
- Alight, Inc.ALIT911,124 shares · 0.1% of their software · price −$1.2M$1.8MNew · +$3.0M
- Netskope, Inc.NTSK97,048 shares · 0.0% of their software · price −$504K$1.7M−$10.3M
- WorkivaWK19,044 shares · 0.0% of their software$1.6MNew · +$1.6M
- Automatic Data Processing, Inc.ADP6,146 shares · 0.0% of their software$1.6MFlat
- NIQ Global Intelligence plcNIQ92,875 shares · 0.0% of their software$1.5M+$1.3M
- AlkamiALKT62,816 shares · 0.0% of their software$1.4MNew · +$1.6M
- Q2QTWO19,927 shares · 0.0% of their software$1.4MNew · +$1.4M
- Shift4 Payments, Inc.FOUR22,012 shares · 0.0% of their software$1.4MFlat
- CadenceCDNS4,170 shares · 0.0% of their software$1.3M−$8.0M
- Pagaya Technologies Ltd.PGY59,575 shares · 0.0% of their software · price −$524K$1.2MFlat
- The Trade DeskTTD31,477 shares · 0.0% of their software$1.2M−$27.7M
- Ibotta, Inc.IBTA48,775 shares · 0.0% of their software$1.1MNew · +$1.4M
- BlackbaudBLKB17,388 shares · 0.0% of their software$1.1M+$723K
- Kingsoft Cloud Holdings LimitedKC95,550 shares · 0.0% of their software$988KNew · +$1.4M
- Fiserv, Inc.FISV11,984 shares · 0.0% of their software · price −$740K$805KNew · +$1.5M
- Gorilla Technology Group Inc.GRRR73,343 shares · 0.0% of their software · price −$553K$801K+$765K
- DLocal LimitedDLO55,721 shares · 0.0% of their software$788K−$8.2M
- Roper Technologies, Inc.ROP1,742 shares · 0.0% of their software$775K−$13.9M
- Rapid7RPD48,737 shares · 0.0% of their software$741K−$5.2M
- OneSpan Inc.OSPN53,393 shares · 0.0% of their software$686KNew · +$848K
- Simulations PlusSLP37,479 shares · 0.0% of their software$683KNew · +$565K
- Veritone, Inc.VERI135,404 shares · 0.0% of their software$630KNew · +$653K
- Fair IsaacFICO372 shares · 0.0% of their software$629K−$29.2M
- Paychex, Inc.PAYX4,939 shares · 0.0% of their software$554K−$2.6M
- Sportradar Group AGSRAD22,213 shares · 0.0% of their software$528KNew · +$598K
- Palladyne AI Corp.PDYN121,576 shares · 0.0% of their software · price −$526K$518KFlat
- PubMaticPUBM54,440 shares · 0.0% of their software$483KFlat
- Bitdeer Technologies GroupBTDR39,960 shares · 0.0% of their software$448K−$5.2M
- Zeta GlobalZETA21,231 shares · 0.0% of their software$432K−$2.5M
- CoStarCSGP6,343 shares · 0.0% of their software$427KNew · +$535K
- Corpay, Inc.CPAY1,322 shares · 0.0% of their software$398KNew · Flat
- SoundHound AI, Inc.SOUN38,919 shares · 0.0% of their software$388K−$1.4M
- NetApp, Inc.NTAP3,168 shares · 0.0% of their software$339KNew · Flat
- Thryv Holdings, Inc.THRY54,451 shares · 0.0% of their software$329KNew · +$657K
- TrimbleTRMB3,561 shares · 0.0% of their software$279K−$2.9M
- GoDaddyGDDY2,199 shares · 0.0% of their software$273KNew · Flat
- Endava plcDAVA42,403 shares · 0.0% of their software$268KNew · Flat
- Alarm.com Holdings, Inc.ALRM5,121 shares · 0.0% of their software$261K−$3.1M
- Gen DigitalGEN8,399 shares · 0.0% of their software$228KNew · Flat
- DoubleVerifyDV13,859 shares · 0.0% of their software$159KNew · Flat
- SmartRent, Inc.SMRT65,862 shares · 0.0% of their software$133KNew · Flat
- Payoneer Global Inc.PAYO18,064 shares · 0.0% of their software$102K−$5.5M
- Telos CorporationTLS16,686 shares · 0.0% of their software$85KNew · Flat
- Rekor Systems, Inc.REKR51,482 shares · 0.0% of their software$71KNew · Flat
- Freightos LimitedCRGO25,151 shares · 0.0% of their software$57KNew · Flat
- Rezolve AI PLCRZLV19,555 shares · 0.0% of their software$50KNew · Flat
- Expensify, Inc.EXFY31,615 shares · 0.0% of their software$48KFlat
- AI Financial CorporationAIFC23,538 shares · 0.0% of their software$26KNew · Flat
- Datavault AI Inc.DVLT20,498 shares · 0.0% of their software$13KNew · Flat