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.

• SalesforceCRM−$12.7M$1.9M
• OracleORCL+$11.3M$16.6M
• ServiceNowNOW+$9.6M$19.0M
• VeriSign, Inc.VRSN+$7.8M$7.0M
• TwilioTWLO+$7.5M$8.3M

Software held

• MicrosoftMSFT279,922 shares · 17.1% of their software · price +$1.4M$38.9M+$3.2M
• ServiceNowNOW74,994 shares · 8.4% of their software · price −$1.6M$19.0M+$9.6M
• OracleORCL301,774 shares · 7.3% of their software · price −$585K$16.6M+$11.3M
• AdobeADBE35,182 shares · 4.3% of their software · price −$647K$9.7M+$3.7M
• TwilioTWLO75,749 shares · 3.7% of their software · price −$2.0M$8.3M+$7.5M
• MongoDBMDB68,452 shares · 3.6% of their software · price −$2.2M$8.2M+$4.8M
• ShopifySHOP24,149 shares · 3.3% of their software$7.5M+$4.7M
• ElasticESTC91,136 shares · 3.3% of their software · price +$700K$7.5M+$5.0M
• DatadogDDOG208,600 shares · 3.1% of their software$7.1MNew · +$7.1M
• VeriSign, Inc.VRSN37,270 shares · 3.1% of their software · price −$765K$7.0MNew · +$7.8M
• Check PointCHKP56,187 shares · 2.7% of their software$6.2M+$1.4M
• IntuitINTU21,053 shares · 2.5% of their software$5.6M+$4.1M
• AutodeskADSK35,457 shares · 2.3% of their software · price −$539K$5.2M+$2.3M
• CadenceCDNS64,161 shares · 1.9% of their software$4.2MNew · +$4.5M
• RingCentralRNG33,339 shares · 1.8% of their software$4.2MFlat
• AkamaiAKAM44,807 shares · 1.8% of their software · price +$504K$4.1M−$2.1M
• Lyft, Inc.LYFT93,794 shares · 1.7% of their software · price −$2.3M$3.8M+$5.6M
• CloudflareNET206,298 shares · 1.7% of their software$3.8MNew · +$3.8M
• GoDaddyGDDY56,316 shares · 1.6% of their software$3.7MFlat
• PegasystemsPEGA53,265 shares · 1.6% of their software$3.6M−$3.0M
• VeevaVEEV22,766 shares · 1.5% of their software$3.5MFlat
• OktaOKTA33,447 shares · 1.5% of their software · price −$838K$3.3M+$3.0M
• TrimbleTRMB69,869 shares · 1.2% of their software$2.7M+$2.7M
• Automatic Data Processing, Inc.ADP15,957 shares · 1.1% of their software$2.6MNew · +$2.6M
• ZoomZM32,745 shares · 1.1% of their software$2.5M−$565K
• BlackLineBL44,993 shares · 0.9% of their software$2.2M+$2.0M
• HubSpotHUBS13,286 shares · 0.9% of their software$2.0M−$7.5M
• SPS CommerceSPSC41,359 shares · 0.9% of their software · price −$2.3M$1.9M+$3.5M
• Manhattan AssociatesMANH23,642 shares · 0.8% of their software$1.9MNew · +$1.6M
• SalesforceCRM12,656 shares · 0.8% of their software$1.9M−$12.7M
• Block, Inc.XYZ29,237 shares · 0.8% of their software$1.8M−$2.7M
• CoStarCSGP2,960 shares · 0.8% of their software$1.8MNew · +$1.6M
• Upbound Group, Inc.UPBD64,808 shares · 0.7% of their software$1.7MNew · +$1.7M
• WixWIX13,810 shares · 0.7% of their software$1.6M+$1.6M
• NetScout Systems, Inc.NTCT61,359 shares · 0.6% of their software$1.4M−$1.4M
• DropboxDBX59,521 shares · 0.5% of their software$1.2M−$7.0M
• PTCPTC16,400 shares · 0.5% of their software$1.1MNew · +$1.5M
• PagSeguro Digital Ltd.PAGS24,045 shares · 0.5% of their software$1.1MFlat
• Health CatalystHCAT33,936 shares · 0.5% of their software$1.1MNew · +$1.1M
• DomoDOMO65,365 shares · 0.5% of their software$1.0M—
• 8x8EGHT49,674 shares · 0.5% of their software$1.0MNew
• DynatraceDT54,878 shares · 0.5% of their software$1.0MNew · +$1.0M
• CommvaultCVLT22,627 shares · 0.4% of their software$1.0M−$2.2M
• Fair IsaacFICO3,282 shares · 0.4% of their software$996KNew · +$1.0M
• WorkivaWK21,570 shares · 0.4% of their software$945K−$1.3M
• Amdocs LimitedDOX13,701 shares · 0.4% of their software$906K−$1.7M
• Tyler TechnologiesTYL3,292 shares · 0.4% of their software$864KNew · +$711K
• ProgressPRGS21,935 shares · 0.4% of their software$835KFlat
• Bandwidth Inc.BAND12,643 shares · 0.4% of their software$823K−$3.1M
• Gen DigitalGEN31,977 shares · 0.3% of their software$756KNew · +$696K
• International Money Express, Inc.IMXI51,994 shares · 0.3% of their software$714KNew · +$733K
• BoxBOX38,223 shares · 0.3% of their software$633K−$1.5M
• AppianAPPN11,846 shares · 0.2% of their software$563KNew · Flat
• Radware Ltd.RDWR19,823 shares · 0.2% of their software$481KFlat
• NutanixNTNX18,195 shares · 0.2% of their software$478KFlat
• EVERTEC, Inc.EVTC13,516 shares · 0.2% of their software$422KNew · Flat
• InterDigital, Inc.IDCC6,548 shares · 0.2% of their software$344KNew · Flat
• Mitek Systems, Inc.MITK34,100 shares · 0.1% of their software$329K−$1.4M
• ZscalerZS5,565 shares · 0.1% of their software$263K−$1.6M
• QualysQLYS2,991 shares · 0.1% of their software$226KNew · Flat
• BlackBerry LimitedBB40,955 shares · 0.1% of their software$215KFlat
• Donnelley Financial Solutions, Inc.DFIN16,097 shares · 0.1% of their software$198KFlat
• DHI Group, Inc.DHX32,601 shares · 0.1% of their software$126KFlat