Tudor Investment

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 202697 names · $1.1B in calls, not in the total$2.2B+$891M
• Q1 2026111 names · $865M in calls, not in the total$1.2B+$96.5M
• Q4 2025101 names · $1.3B in calls, not in the total$1.5B+$892M
• Q3 202587 names · $2.1B in calls, not in the total$1.1B+$183M
• Q2 2025105 names · $1.6B in calls, not in the total$949M−$27.0M
• Q1 2025107 names · $396M in calls, not in the total$834M+$344M
• Q4 202491 names · $319M in calls, not in the total$614M−$75.2M
• Q3 202488 names · $180M in calls, not in the total$610M+$42.1M
• Q2 202495 names · $176M in calls, not in the total$736M+$219M
• Q1 202491 names · $197M in calls, not in the total$559M−$38.1M
• Q4 202395 names · $187M in calls, not in the total$594M−$70.3M
• Q3 2023109 names · $110M in calls, not in the total$575M−$39.9M
• Q2 2023110 names · $117M in calls, not in the total$636M+$57.0M
• Q1 2023114 names · $24.2M in calls, not in the total$519M+$117M
• Q4 2022114 names · $24.5M in calls, not in the total$323M+$45.5M
• Q3 2022106 names · $12.6M in calls, not in the total$309M+$61.4M
• Q2 2022105 names · $8.8M in calls, not in the total$296M+$70.2M
• Q1 2022113 names · $11.0M in calls, not in the total$402M−$11.6M
• Q4 2021119 names · $20.1M in calls, not in the total$524M+$55.6M
• Q3 202199 names · $71.4M in calls, not in the total$528M+$82.6M
• Q2 202195 names · $11.6M in calls, not in the total$434M+$66.8M
• Q1 202190 names$358M+$109M
• Q4 202082 names$333M+$91.9M
• Q3 202080 names$203M+$50.0M
• Q2 202064 names$140M+$26.6M
• Q1 202062 names$74.7M−$80.8M
• Q4 201975 names$164M−$67.3M
• Q3 201963 names$227M+$30.6M
• Q2 201958 names$210M+$49.9M
• Q1 201953 names$152M+$61.2M
• Q4 201845 names$63.0M−$63.2M
• Q3 201844 names$138M+$36.4M
• Q2 201841 names$82.0M+$24.4M
• Q1 201844 names$50.6M+$12.6M
• Q4 201736 names$35.6M−$3.9M
• Q3 201736 names$38.3M−$23.0M
• Q2 201735 names$60.5M+$11.6M
• Q1 201739 names$45.4M+$10.3M
• Q4 201640 names$30.9M−$32.6M
• Q3 201645 names$64.8M−$9.0M
• Q2 201641 names · $2.0M in calls, not in the total$67.5M—

What moved the book

The five software lines with the largest share change this quarter.

• Fair IsaacFICO+$23.0M$24.8M
• PaylocityPCTY−$11.6M$664K
• Palo Alto NetworksPANW−$2.3M$527K
• MicrosoftMSFT+$2.2M$2.3M
• AutodeskADSK+$2.0M$2.4M

Software held

• Fair IsaacFICO178,037 shares · 41.1% of their software · price +$1.9M$24.8MNew · +$23.0M
• Sabre CorporationSABR145,015 shares · 5.2% of their software$3.2M+$1.6M
• Paychex, Inc.PAYX47,786 shares · 4.5% of their software$2.7M+$1.6M
• VeriSign, Inc.VRSN28,002 shares · 4.3% of their software$2.6MFlat
• AutodeskADSK23,363 shares · 3.9% of their software$2.4MNew · +$2.0M
• MicrosoftMSFT33,604 shares · 3.8% of their software$2.3MNew · +$2.2M
• IntuitINTU16,884 shares · 3.7% of their software$2.2M+$649K
• F5, Inc.FFIV13,407 shares · 2.8% of their software$1.7M+$1.7M
• AkamaiAKAM30,924 shares · 2.5% of their software$1.5MFlat
• AdobeADBE10,325 shares · 2.4% of their software$1.5MNew · +$1.3M
• SS&CSSNC35,962 shares · 2.3% of their software$1.4M−$1.2M
• WixWIX18,197 shares · 2.1% of their software$1.3M+$747K
• Upbound Group, Inc.UPBD105,936 shares · 2.1% of their software$1.2M+$732K
• Rapid7RPD65,897 shares · 1.8% of their software$1.1MFlat
• Automatic Data Processing, Inc.ADP8,944 shares · 1.5% of their software$916KNew · +$916K
• NetApp, Inc.NTAP20,235 shares · 1.3% of their software$810KFlat
• FactSetFDS4,772 shares · 1.3% of their software$793KFlat
• VeevaVEEV12,250 shares · 1.2% of their software$751KNew · +$628K
• PaylocityPCTY14,698 shares · 1.1% of their software$664K−$11.6M
• 8x8EGHT45,215 shares · 1.1% of their software$658K—
• WorkdayWDAY6,728 shares · 1.1% of their software$653KFlat
• ProgressPRGS20,086 shares · 1.0% of their software$620K−$905K
• Donnelley Financial Solutions, Inc.DFIN26,240 shares · 1.0% of their software$602KNew · +$506K
• OktaOKTA24,348 shares · 0.9% of their software$555KNew · +$555K
• Palo Alto NetworksPANW3,941 shares · 0.9% of their software$527K−$2.3M
• FortinetFTNT13,131 shares · 0.8% of their software$492KFlat
• NetScout Systems, Inc.NTCT13,913 shares · 0.8% of their software$479KFlat
• GoDaddyGDDY9,675 shares · 0.7% of their software$410KFlat
• Lesaka Technologies, Inc.LSAK38,601 shares · 0.6% of their software$381KFlat
• OracleORCL7,011 shares · 0.6% of their software$352KNew · Flat
• DHI Group, Inc.DHX78,650 shares · 0.4% of their software$224KFlat
• Manhattan AssociatesMANH4,558 shares · 0.4% of their software$219K−$562K
• Five9FIVN9,374 shares · 0.3% of their software$202KNew · Flat
• A10 Networks, Inc.ATEN14,925 shares · 0.2% of their software$126KFlat
• Immersion CorporationIMMR11,105 shares · 0.2% of their software$101KFlat