ExodusPoint Capital Management portfolio

What changed this quarter

1982 positions with a change (629 new, 361 added to, 362 trimmed, 630 sold); also, 23 entered through an IPO, 22 exited through an acquisition or merger, 7 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Tesla−99.5%fewer sharesReduced
  18.2% → 0.1%
• Amazon.com+817%more sharesIncreased
  0.6% → 6.1%
• Apple+983%more sharesIncreased
  0.4% → 4.6%
• NVIDIA−60%fewer sharesReduced
  6.0% → 2.5%
• TopBuild+5,686%more sharesIncreased
  0.1% → 3.2%
• Penumbra+134%more sharesIncreased
  1.5% → 3.2%
• Shopify+1.0 ppof portfolioNew
  — → 1.0%
• Southern−0.7 ppof portfolioSold out
  0.8% → —
• O Reilly Automotive+1,605%more sharesIncreased
  under 0.1% → 0.7%
• PPL−76%fewer sharesReduced
  1.0% → 0.2%
• State Street Financial Select Sector ETF+2,287%more sharesIncreased
  under 0.1% → 0.6%
• Microsoft+216%more sharesIncreased
  0.3% → 0.8%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Amazon.comAMZN6.1%
• AppleAAPL4.6%
• PenumbraPEN3.2%
• TopBuildBLD3.2%
• Space Exploration TechnologiesSPCX3.1%
• NVIDIANVDA2.5%
• ShopifySHOP1.0%
• AmerenAEE0.8%
• MicrosoftMSFT0.8%
• O Reilly AutomotiveORLY0.7%
• Norfolk SouthernNSC0.7%
• Xcel EnergyXEL0.7%
• Otis WorldwideOTIS0.7%
• EvergyEVRG0.6%
• State Street Financial Select Sector ETFXLF0.6%
• IntelINTC0.6%
• Cerebras SystemsCBRS0.6%
• SalesforceCRM0.6%
• Warner Bros. DiscoveryWBD0.6%
• EntergyETR0.5%
• American Electric PowerAEP0.5%
• Alliant EnergyLNT0.5%
• Bloom EnergyBE0.5%
• Zoom CommunicationsZM0.5%
• Madison Air SolutionsMAIR0.5%
• OGE EnergyOGE0.5%
• QXOQXO0.4%
• ONE GasOGS0.4%
• MongodbMDB0.4%
• Electronic ArtsEA0.4%
• Credo Technology Group HoldingCRDO0.4%
• Berkshire HathawayBRK/B0.4%
• Waste ManagementWM0.4%
• On HoldingONON0.4%
• AramarkARMK0.3%
• FermiFRMI0.3%
• RokuROKU0.3%
• Akamai TechnologiesAKAM0.3%
• Home DepotHD0.3%
• Axalta Coating SystemsAXTA0.3%
• Forgent Power SolutionsFPS0.3%
• Hilton Worldwide HoldingsHLT0.3%
• Costco WholesaleCOST0.3%
• SpireSR0.3%
• TerawulfWULF0.3%
• Fortune Brands InnovationsFBIN0.3%
• OktaOKTA0.3%
• CRH publicCRH0.3%
• Dycom IndustriesDY0.3%
• CNH IndustrialCNH0.3%
• General MotorsGM0.3%
• Gen DigitalGEN0.3%
• Cisco SystemsCSCO0.3%
• Canadian National RailwayCNI0.3%
• MKSMKSI0.3%
• FOXFOX0.3%
• OracleORCL0.3%
• BlockXYZ0.2%
• Ollie's Bargain Outlet HoldingsOLLI0.2%
• Liftoff MobileLFTO0.2%
• STMicroelectronicsSTM0.2%
• Cardinal HealthCAH0.2%
• AptivAPTV0.2%
• SemtechSMTC0.2%
• ETSYETSY0.2%
• SaiaSAIA0.2%
• Vanguard Int-term Corporate ETFVCIT0.2%
• VersigentVGNT0.2%
• SandiskSNDK0.2%
• Guardant HealthGH0.2%
• CloudflareNET0.2%
• QualcommQCOM0.2%
• VisaV0.2%
• WestlakeWLK0.2%
• KenvueKVUE0.2%
• PPLPPL0.2%
• Wells FargoWFC0.2%
• Intuitive SurgicalISRG0.2%
• United Airlines HoldingsUAL0.2%
• Nexstar Media GroupNXST0.2%
• BOXBOX0.2%
• Advanced Micro DevicesAMD0.2%
• Charles SchwabSCHW0.2%
• Figure Technology SolutionsFIGR0.2%
• Boston ScientificBSX0.2%
• MiniMed GroupMMED0.2%
• Meta PlatformsMETA0.2%
• Applied MaterialsAMAT0.2%
• CytokineticsCYTK0.2%
• Generac HoldingsGNRC0.2%
• Quanta ServicesPWR0.2%
• PrologisPLD0.2%
• Verisk AnalyticsVRSK0.2%
• CortevaCTVA0.2%
• GrouponGRPN0.2%
• Western DigitalWDC0.2%
• ASML HoldingASML0.2%
• NokiaNOK0.2%
• Williams CompaniesWMB0.2%
• Venture GlobalVG0.2%