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.

• MicrosoftMSFT+$64.4M$82.4M
• SalesforceCRM+$30.6M$33.3M
• SynopsysSNPS−$20.3M$12.3M
• VeriskVRSK+$15.4M$18.1M
• AutodeskADSK−$14.7M$4.7M

Software held

• MicrosoftMSFT241,924 shares · 13.0% of their software · price +$12.6M$82.4M+$64.4M
• SalesforceCRM157,391 shares · 5.2% of their software · price +$1.8M$33.3M+$30.6M
• C3.aiAI721,230 shares · 4.1% of their software · price +$2.1M$26.3M−$716K
• CadenceCDNS110,305 shares · 4.1% of their software · price +$2.7M$25.9M−$4.7M
• DigitalOceanDOCN544,044 shares · 3.4% of their software · price +$528K$21.8M+$2.0M
• Check PointCHKP166,824 shares · 3.3% of their software · price −$731K$21.0M+$7.6M
• BILLBILL165,524 shares · 3.0% of their software · price +$5.9M$19.3M−$2.4M
• UnityU436,364 shares · 3.0% of their software · price +$4.8M$18.9M+$5.8M
• VeriskVRSK80,210 shares · 2.9% of their software · price +$2.7M$18.1MNew · +$15.4M
• ZoomZM251,314 shares · 2.7% of their software · price −$1.5M$17.1M+$7.7M
• DynatraceDT311,364 shares · 2.5% of their software · price +$2.9M$16.0M−$2.0M
• Paychex, Inc.PAYX136,478 shares · 2.4% of their software$15.3M+$4.1M
• GoDaddyGDDY183,766 shares · 2.2% of their software$13.8M+$5.9M
• SynopsysSNPS28,185 shares · 1.9% of their software · price +$1.4M$12.3M−$20.3M
• Automatic Data Processing, Inc.ADP50,628 shares · 1.7% of their software$11.1MNew · +$11.3M
• F5, Inc.FFIV73,901 shares · 1.7% of their software$10.8MNew · +$10.8M
• PaylocityPCTY57,730 shares · 1.7% of their software · price −$823K$10.7M+$10.1M
• IntuitINTU22,939 shares · 1.7% of their software$10.5M+$7.1M
• MongoDBMDB24,762 shares · 1.6% of their software · price +$4.4M$10.2M+$5.3M
• HubSpotHUBS16,692 shares · 1.4% of their software · price +$1.7M$8.9M−$1.7M
• Palo Alto NetworksPANW34,601 shares · 1.4% of their software · price +$1.9M$8.8MNew · +$6.9M
• SAPSAP62,064 shares · 1.3% of their software · price +$637K$8.5MNew · +$7.9M
• AdobeADBE16,357 shares · 1.3% of their software · price +$1.7M$8.0M−$10.2M
• AppianAPPN150,220 shares · 1.1% of their software$7.2M+$3.7M
• DuolingoDUOL48,306 shares · 1.1% of their software$6.9MFlat
• OracleORCL55,677 shares · 1.0% of their software · price +$1.5M$6.6MNew · +$5.2M
• RingCentralRNG202,204 shares · 1.0% of their software$6.6M+$1.8M
• BrazeBRZE148,201 shares · 1.0% of their software · price +$1.4M$6.5M+$4.6M
• AppLovinAPP238,610 shares · 1.0% of their software · price +$2.4M$6.1MNew · +$3.8M
• GitLabGTLB113,850 shares · 0.9% of their software · price +$1.9M$5.8MFlat
• SamsaraIOT202,265 shares · 0.9% of their software · price +$1.6M$5.6M+$2.7M
• OktaOKTA78,598 shares · 0.9% of their software · price −$1.3M$5.5M−$6.2M
• PagerDutyPD233,730 shares · 0.8% of their software · price −$2.9M$5.3M+$1.1M
• VaronisVRNS197,050 shares · 0.8% of their software$5.3M−$1.9M
• FreshworksFRSH292,317 shares · 0.8% of their software · price +$649K$5.1MFlat
• NutanixNTNX182,467 shares · 0.8% of their software$5.1MNew · +$4.7M
• Lyft, Inc.LYFT531,442 shares · 0.8% of their software$5.1M+$2.3M
• TwilioTWLO79,395 shares · 0.8% of their software$5.1M−$1.5M
• WixWIX63,853 shares · 0.8% of their software · price −$1.4M$5.0M−$3.9M
• AutodeskADSK23,010 shares · 0.7% of their software$4.7M−$14.7M
• PTCPTC32,397 shares · 0.7% of their software$4.6M−$986K
• Rapid7RPD99,049 shares · 0.7% of their software$4.5M+$1.9M
• SchrödingerSDGR89,117 shares · 0.7% of their software · price +$2.1M$4.4MNew · +$2.3M
• DoximityDOCS130,214 shares · 0.7% of their software$4.4MFlat
• SprinklrCXM301,283 shares · 0.7% of their software$4.2M−$2.2M
• AsanaASAN182,610 shares · 0.6% of their software$4.0M−$7.4M
• SentinelOneS252,466 shares · 0.6% of their software$3.8M−$8.8M
• Intapp, Inc.INTA90,506 shares · 0.6% of their software$3.8M−$1.1M
• ZscalerZS24,172 shares · 0.6% of their software · price +$712K$3.5M−$1.9M
• MorningstarMORN17,134 shares · 0.5% of their software$3.4MFlat
• NetScout Systems, Inc.NTCT102,172 shares · 0.5% of their software$3.2MNew · +$2.9M
• Gen DigitalGEN163,263 shares · 0.5% of their software$3.0M−$5.5M
• Strategy IncMSTR8,365 shares · 0.5% of their software$2.9M−$3.6M
• ProcorePCOR39,396 shares · 0.4% of their software$2.6MFlat
• WEX Inc.WEX13,828 shares · 0.4% of their software$2.5MNew · +$2.5M
• DoubleVerifyDV63,543 shares · 0.4% of their software · price +$557K$2.5MNew · +$1.9M
• Amdocs LimitedDOX24,641 shares · 0.4% of their software$2.4MNew · +$2.4M
• InterDigital, Inc.IDCC24,904 shares · 0.4% of their software · price +$589K$2.4MNew · +$1.8M
• Donnelley Financial Solutions, Inc.DFIN52,516 shares · 0.4% of their software$2.4MFlat
• CloudflareNET36,524 shares · 0.4% of their software$2.4M−$1.7M
• ProgressPRGS41,035 shares · 0.4% of their software$2.4MNew · +$2.4M
• LiveRamp Holdings, Inc.RAMP82,530 shares · 0.4% of their software · price +$547K$2.4M−$638K
• N-ableNABL156,328 shares · 0.4% of their software$2.3M+$1.7M
• Alarm.com Holdings, Inc.ALRM42,828 shares · 0.3% of their software$2.2M+$1.8M
• ZoomInfoZI84,134 shares · 0.3% of their software$2.1MNew
• CS Disco, Inc.LAW235,767 shares · 0.3% of their software$1.9MFlat
• SnowflakeSNOW10,134 shares · 0.3% of their software$1.8M+$1.2M
• DatadogDDOG17,080 shares · 0.3% of their software$1.7MFlat
• Clear Secure, Inc.YOU68,302 shares · 0.2% of their software$1.6M+$916K
• VertexVERX78,753 shares · 0.2% of their software$1.5MFlat
• Sabre CorporationSABR478,472 shares · 0.2% of their software · price −$526K$1.5M+$2.0M
• monday.comMNDY8,892 shares · 0.2% of their software$1.5M−$1.7M
• 8x8EGHT313,237 shares · 0.2% of their software$1.3M—
• PDF Solutions, Inc.PDFS29,190 shares · 0.2% of their software$1.3M+$592K
• Uber Technologies, Inc.UBER26,837 shares · 0.2% of their software$1.2MFlat
• Commerce.com, Inc.CMRC100,483 shares · 0.2% of their software$1,000K−$1.2M
• SimilarwebSMWB136,244 shares · 0.1% of their software$894KFlat
• ePlus inc.PLUS15,050 shares · 0.1% of their software$847KFlat
• ShopifySHOP12,211 shares · 0.1% of their software$789K−$1.1M
• Repay Holdings CorporationRPAY97,657 shares · 0.1% of their software$765K−$592K
• YextYEXT66,356 shares · 0.1% of their software$750KFlat
• Alight, Inc.ALIT79,125 shares · 0.1% of their software$731K+$566K
• DLocal LimitedDLO59,465 shares · 0.1% of their software$726KFlat
• Tyler TechnologiesTYL1,641 shares · 0.1% of their software$683KFlat
• PalantirPLTR42,964 shares · 0.1% of their software$659KNew · Flat
• JFrogFROG23,449 shares · 0.1% of their software$650KFlat
• SemrushSEMR56,801 shares · 0.1% of their software$544K—
• MagniteMGNI39,336 shares · 0.1% of their software$537KFlat
• ElasticESTC8,207 shares · 0.1% of their software$526K−$6.5M
• Simulations PlusSLP11,865 shares · 0.1% of their software$514KFlat
• Health CatalystHCAT40,106 shares · 0.1% of their software$501K−$1.1M
• PubMaticPUBM25,129 shares · 0.1% of their software$459KNew · Flat
• Ribbon Communications Inc.RBBN141,421 shares · 0.1% of their software$395KFlat
• ServiceNowNOW680 shares · 0.1% of their software$382KFlat
• EverCommerceEVCM30,029 shares · 0.1% of their software$356KFlat
• FortinetFTNT4,250 shares · 0.1% of their software$321KNew · Flat
• Zeta GlobalZETA37,264 shares · 0.1% of their software$318K−$631K
• Nerdy Inc.NRDY75,568 shares · 0.0% of their software$315KFlat
• FlywireFLYW9,376 shares · 0.0% of their software$291KFlat
• nCinoNCNO9,630 shares · 0.0% of their software$290KFlat
• DropboxDBX9,650 shares · 0.0% of their software$257KNew · Flat
• DomoDOMO16,126 shares · 0.0% of their software$236K—
• VTEXVTEX46,253 shares · 0.0% of their software$222KFlat
• BlackLineBL4,098 shares · 0.0% of their software$221KFlat
• FastlyFSLY11,185 shares · 0.0% of their software$176K−$4.6M
• AmplitudeAMPL15,850 shares · 0.0% of their software$174KFlat
• StoneCo Ltd.STNE13,539 shares · 0.0% of their software$172KNew · Flat
• Definitive HealthcareDH11,309 shares · 0.0% of their software$124K−$963K
• Blend Labs, Inc.BLND126,767 shares · 0.0% of their software$120KFlat
• Agora, Inc.API11,999 shares · 0.0% of their software$38KNew · Flat