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.

• Strategy IncMSTR+$204M$25.4M
• SalesforceCRM−$57.2M$4.0M
• SynopsysSNPS+$38.8M$33.0M
• AdobeADBE−$38.3M$11.4M
• DynatraceDT−$28.8M$24.8M

Software held

• MicrosoftMSFT173,518 shares · 12.2% of their software · price −$2.9M$74.7MFlat
• AutodeskADSK147,141 shares · 6.6% of their software · price +$4.1M$40.5M+$1.8M
• SynopsysSNPS65,235 shares · 5.4% of their software · price −$5.8M$33.0MNew · +$38.8M
• Strategy IncMSTR150,782 shares · 4.2% of their software · price −$182M$25.4M+$204M
• DynatraceDT464,178 shares · 4.1% of their software · price +$4.1M$24.8M−$28.8M
• SnowflakeSNOW213,562 shares · 4.0% of their software · price −$4.3M$24.5M+$922K
• IntuitINTU38,586 shares · 3.9% of their software · price −$1.4M$24.0MNew · +$25.4M
• ServiceNowNOW21,712 shares · 3.2% of their software · price +$2.3M$19.4M−$1.1M
• BILLBILL361,396 shares · 3.1% of their software$19.1M−$1.2M
• ACI WorldwideACIW287,790 shares · 2.4% of their software · price +$3.3M$14.6M+$6.8M
• WorkdayWDAY59,518 shares · 2.4% of their software · price +$1.2M$14.5M+$2.4M
• FortinetFTNT180,912 shares · 2.3% of their software · price +$3.1M$14.0M+$10.6M
• WixWIX77,805 shares · 2.1% of their software · price +$630K$13.0M−$1.5M
• PegasystemsPEGA176,950 shares · 2.1% of their software · price +$2.2M$12.9M+$1.6M
• NetApp, Inc.NTAP103,161 shares · 2.1% of their software · price −$546K$12.7M+$6.0M
• AdobeADBE22,058 shares · 1.9% of their software · price −$833K$11.4M−$38.3M
• UiPathPATH830,995 shares · 1.7% of their software$10.6MNew · +$10.5M
• DoubleVerifyDV625,685 shares · 1.7% of their software · price −$1.6M$10.5MNew · +$12.2M
• Core Scientific, Inc.CORZ871,281 shares · 1.7% of their software · price +$2.2M$10.3MFlat
• Gen DigitalGEN363,304 shares · 1.6% of their software · price +$890K$10.0M−$2.5M
• WorkivaWK120,437 shares · 1.6% of their software · price +$738K$9.5M+$7.3M
• Q2QTWO118,566 shares · 1.6% of their software · price +$2.3M$9.5MFlat
• GitLabGTLB168,143 shares · 1.4% of their software$8.7MNew · +$8.4M
• Lyft, Inc.LYFT656,587 shares · 1.4% of their software · price −$886K$8.4M−$2.0M
• WEX Inc.WEX39,732 shares · 1.4% of their software · price +$1.3M$8.3MNew · +$7.0M
• Cellebrite DI Ltd.CLBT482,290 shares · 1.3% of their software · price +$2.4M$8.1MFlat
• UnityU339,983 shares · 1.3% of their software · price +$2.2M$7.7M−$14.6M
• AvePointAVPT630,552 shares · 1.2% of their software · price +$851K$7.4M+$626K
• nCinoNCNO227,953 shares · 1.2% of their software$7.2M−$2.3M
• FlywireFLYW432,876 shares · 1.2% of their software$7.1M+$4.8M
• AtlassianTEAM43,476 shares · 1.1% of their software · price −$786K$6.9MNew · +$7.7M
• Alight, Inc.ALIT731,193 shares · 0.9% of their software$5.4M+$5.3M
• Clear Secure, Inc.YOU161,540 shares · 0.9% of their software · price +$2.3M$5.4M+$829K
• Sprout SocialSPT164,104 shares · 0.8% of their software · price −$1.1M$4.8MNew · +$5.9M
• Tyler TechnologiesTYL8,130 shares · 0.8% of their software · price +$658K$4.7MNew · +$4.1M
• MagniteMGNI335,436 shares · 0.8% of their software$4.6MFlat
• AlkamiALKT146,186 shares · 0.8% of their software$4.6M+$3.5M
• VeriskVRSK16,686 shares · 0.7% of their software$4.5MNew · +$4.5M
• ZoomZM62,685 shares · 0.7% of their software · price +$661K$4.4M−$3.1M
• A10 Networks, Inc.ATEN281,400 shares · 0.7% of their software$4.1MFlat
• SalesforceCRM14,588 shares · 0.7% of their software$4.0M−$57.2M
• Sportradar Group AGSRAD298,598 shares · 0.6% of their software$3.6M+$2.5M
• AppianAPPN100,245 shares · 0.6% of their software$3.4MNew · +$3.1M
• Bitdeer Technologies GroupBTDR385,664 shares · 0.5% of their software · price −$937K$3.0M+$3.6M
• TrimbleTRMB48,241 shares · 0.5% of their software$3.0M−$10.5M
• SentinelOneS123,371 shares · 0.5% of their software$3.0M+$1.9M
• CommvaultCVLT18,007 shares · 0.5% of their software · price +$581K$2.8M−$4.1M
• RingCentralRNG82,087 shares · 0.4% of their software$2.6M+$1.1M
• KlaviyoKVYO62,909 shares · 0.4% of their software · price +$660K$2.2M+$813K
• VaronisVRNS39,345 shares · 0.4% of their software$2.2MFlat
• GuidewireGWRE11,299 shares · 0.3% of their software · price +$509K$2.1M−$676K
• Rapid7RPD51,535 shares · 0.3% of their software$2.1M+$1.7M
• N-ableNABL146,476 shares · 0.3% of their software$1.9M−$3.6M
• SemrushSEMR108,240 shares · 0.3% of their software$1.7M—
• PaycomPAYC9,994 shares · 0.3% of their software$1.7MNew · +$1.4M
• Calix, Inc.CALX42,380 shares · 0.3% of their software$1.6M−$3.1M
• ZoomInfoZI153,776 shares · 0.3% of their software$1.6M—
• Ibotta, Inc.IBTA25,053 shares · 0.3% of their software$1.5M−$1.5M
• ShopifySHOP18,676 shares · 0.2% of their software$1.5MNew · +$1.2M
• Consensus Cloud Solutions, Inc.CCSI48,900 shares · 0.2% of their software$1.2MFlat
• Commerce.com, Inc.CMRC184,913 shares · 0.2% of their software$1.1MFlat
• PhreesiaPHR39,731 shares · 0.1% of their software$905KNew · +$842K
• LightspeedLSPD52,478 shares · 0.1% of their software$865KNew · +$718K
• PaymentusPAY41,772 shares · 0.1% of their software$836KFlat
• BroadridgeBR3,608 shares · 0.1% of their software$776KNew · +$711K
• LiveRamp Holdings, Inc.RAMP27,202 shares · 0.1% of their software$674KNew · +$842K
• Upbound Group, Inc.UPBD19,675 shares · 0.1% of their software$629KNew · +$604K
• Amdocs LimitedDOX6,840 shares · 0.1% of their software$598K−$3.9M
• VeriSign, Inc.VRSN2,957 shares · 0.1% of their software$562KFlat
• SS&CSSNC6,288 shares · 0.1% of their software$467KNew · Flat
• Block, Inc.XYZ6,847 shares · 0.1% of their software$460K−$14.2M
• Repay Holdings CorporationRPAY53,801 shares · 0.1% of their software$439KNew · +$568K
• Alarm.com Holdings, Inc.ALRM7,897 shares · 0.1% of their software$432K−$3.4M
• Remitly Global, Inc.RELY25,844 shares · 0.1% of their software$346KNew · Flat
• PagSeguro Digital Ltd.PAGS39,846 shares · 0.1% of their software$343KNew · Flat
• PaylocityPCTY2,053 shares · 0.1% of their software$339K−$16.2M
• VeevaVEEV1,325 shares · 0.0% of their software$278K−$1.5M
• ElasticESTC3,492 shares · 0.0% of their software$268KNew · Flat
• SchrödingerSDGR12,839 shares · 0.0% of their software$238K−$2.5M
• CrowdStrikeCRWD815 shares · 0.0% of their software$229KNew · Flat
• Joint Stock Company Kaspi.kzKSPI2,135 shares · 0.0% of their software$226KFlat
• monday.comMNDY798 shares · 0.0% of their software$222KNew · Flat
• Full Truck Alliance Co. Ltd.YMM22,469 shares · 0.0% of their software$202KNew · Flat
• Sabre CorporationSABR46,688 shares · 0.0% of their software$171KNew · Flat
• 8x8EGHT54,915 shares · 0.0% of their software$112K—
• VTEXVTEX15,041 shares · 0.0% of their software$112KFlat
• Grab Holdings LimitedGRAB28,005 shares · 0.0% of their software$106K−$1.5M
• Expensify, Inc.EXFY10,129 shares · 0.0% of their software$20KNew · Flat