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.

• Uber Technologies, Inc.UBER+$9.6M$11.1M
• Gen DigitalGEN+$6.2M$6.6M
• CrowdStrikeCRWD+$5.4M$11.2M
• Automatic Data Processing, Inc.ADP+$3.4M$3.7M
• MicrosoftMSFT−$2.4M$5.8M

Software held

• CrowdStrikeCRWD111,649 shares · 8.0% of their software · price +$5.0M$11.2M+$5.4M
• Uber Technologies, Inc.UBER356,861 shares · 7.9% of their software · price +$1.1M$11.1M+$9.6M
• Gen DigitalGEN333,731 shares · 4.7% of their software$6.6MNew · +$6.2M
• DatadogDDOG70,421 shares · 4.4% of their software · price +$3.6M$6.1MFlat
• MicrosoftMSFT28,577 shares · 4.2% of their software · price +$1.3M$5.8M−$2.4M
• Check PointCHKP50,252 shares · 3.9% of their software$5.4MFlat
• Block, Inc.XYZ43,909 shares · 3.3% of their software · price +$2.3M$4.6M+$695K
• RingCentralRNG13,731 shares · 2.8% of their software · price +$1.0M$3.9M+$2.2M
• ServiceNowNOW9,493 shares · 2.7% of their software · price +$1.1M$3.8M+$555K
• Automatic Data Processing, Inc.ADP24,804 shares · 2.6% of their software$3.7MNew · +$3.4M
• Lyft, Inc.LYFT109,934 shares · 2.6% of their software · price +$677K$3.6M+$1.9M
• ZoomZM13,207 shares · 2.4% of their software · price +$1.4M$3.3M−$1.4M
• GoDaddyGDDY44,751 shares · 2.3% of their software · price +$726K$3.3M+$1.9M
• FortinetFTNT22,944 shares · 2.3% of their software · price +$828K$3.2M+$688K
• AdobeADBE7,016 shares · 2.2% of their software · price +$821K$3.1M+$542K
• TwilioTWLO13,898 shares · 2.2% of their software · price +$1.8M$3.0M−$1.9M
• ElasticESTC32,913 shares · 2.2% of their software · price +$1.2M$3.0M+$1.6M
• ShopifySHOP3,140 shares · 2.1% of their software · price +$1.7M$3.0MSplit
• FastlyFSLY33,787 shares · 2.1% of their software · price +$2.2M$2.9MFlat
• DynatraceDT62,905 shares · 1.8% of their software · price +$1.1M$2.6M+$1.0M
• SS&CSSNC42,882 shares · 1.7% of their software · price +$543K$2.4MNew · +$1.9M
• Five9FIVN19,804 shares · 1.6% of their software · price +$677K$2.2M+$723K
• VeriskVRSK12,758 shares · 1.6% of their software$2.2MNew · +$1.8M
• CloudflareNET58,523 shares · 1.5% of their software · price +$730K$2.1MSplit
• ProgressPRGS52,617 shares · 1.5% of their software$2.0MFlat
• VeevaVEEV8,638 shares · 1.4% of their software · price +$674K$2.0M+$1.1M
• SalesforceCRM10,445 shares · 1.4% of their software$2.0M−$1.2M
• WorkdayWDAY9,995 shares · 1.3% of their software · price +$571K$1.9MFlat
• VeriSign, Inc.VRSN8,654 shares · 1.3% of their software$1.8MNew · +$1.6M
• BILLBILL17,602 shares · 1.1% of their software · price +$986K$1.6MNew · +$602K
• DocuSignDOCU8,835 shares · 1.1% of their software · price +$705K$1.5MFlat
• WixWIX5,762 shares · 1.1% of their software · price +$895K$1.5M−$765K
• CoStarCSGP1,980 shares · 1.0% of their software$1.4M+$712K
• Kingsoft Cloud Holdings LimitedKC42,469 shares · 1.0% of their software$1.3MNew · +$1.3M
• TeradataTDC63,192 shares · 0.9% of their software$1.3MNew · +$1.3M
• Alarm.com Holdings, Inc.ALRM18,264 shares · 0.8% of their software$1.2MNew · +$711K
• AutodeskADSK4,865 shares · 0.8% of their software$1.2M−$1.8M
• BoxBOX53,140 shares · 0.8% of their software$1.1M−$594K
• TenableTENB35,189 shares · 0.8% of their software$1.0MNew · +$769K
• Sprout SocialSPT37,838 shares · 0.7% of their software$1.0MFlat
• NetScout Systems, Inc.NTCT38,367 shares · 0.7% of their software$981KNew · +$908K
• PegasystemsPEGA9,139 shares · 0.7% of their software$925KFlat
• NetApp, Inc.NTAP20,781 shares · 0.7% of their software$922KNew · +$866K
• MongoDBMDB3,869 shares · 0.6% of their software$876K−$1.3M
• LiveRamp Holdings, Inc.RAMP19,204 shares · 0.6% of their software$816KNew · +$632K
• VaronisVRNS8,809 shares · 0.6% of their software$779KFlat
• OktaOKTA3,729 shares · 0.5% of their software$747K−$1.0M
• Radware Ltd.RDWR31,566 shares · 0.5% of their software$745KNew · +$665K
• PagerDutyPD25,552 shares · 0.5% of their software$731KFlat
• Agora, Inc.API14,955 shares · 0.5% of their software$661KNew · +$661K
• HubSpotHUBS2,942 shares · 0.5% of their software$660KSplit
• Strategy IncMSTR5,233 shares · 0.4% of their software$619KFlat
• PhreesiaPHR20,694 shares · 0.4% of their software$585KNew · Flat
• Bandwidth Inc.BAND3,952 shares · 0.4% of their software$502KFlat
• Tucows Inc.TCX8,671 shares · 0.4% of their software$497KFlat
• SynopsysSNPS2,515 shares · 0.4% of their software$490KNew · Flat
• IntuitINTU1,519 shares · 0.3% of their software$450KNew · Flat
• AkamaiAKAM3,778 shares · 0.3% of their software$405K−$630K
• ZscalerZS3,576 shares · 0.3% of their software$392KFlat
• Fair IsaacFICO732 shares · 0.2% of their software$306K−$914K
• Shift4 Payments, Inc.FOUR7,599 shares · 0.2% of their software$270KNew · Flat
• Donnelley Financial Solutions, Inc.DFIN27,390 shares · 0.2% of their software$230KFlat
• Paysign, Inc.PAYS17,082 shares · 0.1% of their software$166KNew · Flat
• BlackBerry LimitedBB19,660 shares · 0.1% of their software$96KNew · Flat