Cubist Systematic Strategies, LLC
Filed a 13F-NT notice for 2025-12-31: this manager's Section 13(f) holdings are reported by another manager, so it no longer files its own holdings. Figures shown are from its last 13F-HR.
13F Reported Value
ⓘ$21.0B
incl. option notional
Equity Holdings
ⓘ$7.1B
Option Notional
ⓘ$13.9B
$6.5B puts / $7.4B calls
Holdings
2,948
Latest Filing
2025-09-30
Filing Quarter
Q3 2025
Portfolio Overview
Cubist Systematic Strategies, LLC disclosed 2,948 positions worth $21.0B in its Form 13F-HR for Q3 2025 — $7.1B in common stock plus $13.9B of put/call option positions (reported at underlying notional value, not premium at risk). During the quarter the fund opened 765 new positions and exited 722 — including a new stake in $KDP and a full exit from $ADBE. The portfolio is most concentrated in Technology (20.6% of disclosed assets). All figures are sourced directly from Cubist Systematic Strategies, LLC’s Form 13F-HR filing with the SEC under CIK 1603465.
AI Fund Analysis
DiversifyingSector Allocation
13fpro.ai/research/fund/cubist-systematic-strategies-llc-1603465
AUM History
13fpro.ai/research/fund/cubist-systematic-strategies-llc-1603465
Top Equity Holdings by Value
13fpro.ai/research/fund/cubist-systematic-strategies-llc-1603465
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q3 2025
Click any card to unlockTop Holdings
VANECK ETF TRUST PUT
—Quality
$171.1M2,239,300 shSPDR GOLD TR PUT
—Quality
$164.6M463,100 sh- 68.2#315
Quality
$135.7M482,600 sh - 68.2
Quality
$127.6M453,800 sh SPDR GOLD TR CALL
—Quality
$117.6M330,900 sh- 62.5
Quality
$116.4M337,000 sh - 84.5
Quality
$109.5M600,500 sh - 81.9
Quality
$105.5M736,700 sh - 84.5
Quality
$102.7M563,000 sh - —
Quality
$98.5M877,600 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| VANECK ETF TRUST PUT | — | $171.1M | 2,239,300 |
| SPDR GOLD TR PUT | — | $164.6M | 463,100 |
| 68.2#315 | $135.7M | 482,600 | |
| 68.2 | $127.6M | 453,800 | |
| SPDR GOLD TR CALL | — | $117.6M | 330,900 |
| 62.5 | $116.4M | 337,000 | |
| 84.5 | $109.5M | 600,500 | |
| 81.9 | $105.5M | 736,700 | |
| 84.5 | $102.7M | 563,000 | |
| — | $98.5M | 877,600 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Cubist Systematic Strategies, LLC's 2,948 positions.
Showing top 10 of 2,948 holdings.
Sector Allocation
Technology
$1.5B
Financials
$1.0B
Industrials
$873.0M
Healthcare
$779.7M
Other
$724.5M
Consumer Discretionary
$526.0M
Materials
$418.4M
Energy
$369.1M
Top Holdings — Cubist Systematic Strategies, LLC (Q3 2025)
Top 150 of 2,948 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | — | VANECK ETF TRUST | $171.1M | — | +147% | — |
| 2 | — | SPDR GOLD TR | $164.6M | — | +27% | — |
| 3 | ORACLE CORP | $135.7M | — | +109% | 68.2 | |
| 4 | ORACLE CORP | $127.6M | — | +6% | 68.2 | |
| 5 | — | SPDR GOLD TR | $117.6M | — | +30% | — |
| 6 | UNITEDHEALTH GROUP INC | $116.4M | — | +139% | 62.5 | |
| 7 | Palantir Technologies Inc. | $109.5M | — | -22% | 84.5 | |
| 8 | Robinhood Markets, Inc. | $105.5M | — | +17% | 81.9 | |
| 9 | Palantir Technologies Inc. | $102.7M | — | +14% | 84.5 | |
| 10 | Nebius Group N.V. | $98.5M | — | +25% | — | |
| 11 | BOSTON SCIENTIFIC CORP | $88.2M | 1.2% | +100% | 77.3 | |
| 12 | NVIDIA CORP | $86.9M | — | +1% | 85.9 | |
| 13 | — | ISHARES TR | $85.3M | — | +9% | — |
| 14 | NETFLIX INC | $84.6M | — | -23% | 78.6 | |
| 15 | UNITEDHEALTH GROUP INC | $81.9M | — | +76% | 62.5 | |
| 16 | — | VANECK ETF TRUST | $79.1M | — | -2% | — |
| 17 | — | SELECT SECTOR SPDR TR | $78.2M | — | +51% | — |
| 18 | Robinhood Markets, Inc. | $77.1M | — | -18% | 81.9 | |
| 19 | Roblox Corp | $69.5M | — | -6% | 60.2 | |
| 20 | AXON ENTERPRISE, INC. | $68.2M | — | +18% | 56.4 | |
| 21 | Super Micro Computer, Inc. | $68.0M | — | +11% | 61.8 | |
| 22 | Alibaba Group Holding Ltd | $67.4M | — | -19% | — | |
| 23 | Broadcom Inc. | $67.1M | — | +10% | 84.4 | |
| 24 | — | SELECT SECTOR SPDR TR | $65.5M | — | +59% | — |
| 25 | PDD Holdings Inc. | $64.4M | — | +24% | — | |
| 26 | NEWMONT Corp /DE/ | $62.0M | — | -8% | 86.7 | |
| 27 | — | ISHARES SILVER TR | $61.5M | — | +11% | — |
| 28 | AMAZON COM INC | $61.5M | — | -18% | 68.4 | |
| 29 | Autodesk, Inc. | $61.1M | 0.9% | +380% | 78.5 | |
| 30 | Tesla, Inc. | $60.9M | — | -9% | 53.6 | |
| 31 | Alibaba Group Holding Ltd | $60.7M | — | -58% | — | |
| 32 | Keurig Dr Pepper Inc. | $60.4M | 0.8% | NEW | 64.5 | |
| 33 | Futu Holdings Ltd | $60.3M | — | +130% | — | |
| 34 | SHOPIFY INC. | $60.2M | — | +8% | 64.9 | |
| 35 | GOLDMAN SACHS GROUP INC | $59.6M | — | +6% | 73.3 | |
| 36 | NVIDIA CORP | $58.5M | — | -2% | 85.9 | |
| 37 | — | SELECT SECTOR SPDR TR | $58.3M | — | +16% | — |
| 38 | — | SELECT SECTOR SPDR TR | $57.7M | — | +20% | — |
| 39 | MICRON TECHNOLOGY INC | $57.5M | — | +23% | 86.1 | |
| 40 | Airbnb, Inc. | $57.5M | 0.8% | -31% | 70.9 | |
| 41 | MongoDB, Inc. | $57.1M | — | -10% | 68.6 | |
| 42 | Cloudflare, Inc. | $56.9M | — | -1% | 56.3 | |
| 43 | ARM HOLDINGS PLC /UK | $56.9M | — | +23% | — | |
| 44 | — | VANECK ETF TRUST | $56.6M | — | +1% | — |
| 45 | Constellation Energy Corp | $56.5M | — | -20% | 59.2 | |
| 46 | MongoDB, Inc. | $56.1M | — | -19% | 68.6 | |
| 47 | Hims & Hers Health, Inc. | $55.6M | — | -16% | 53.3 | |
| 48 | FIRST SOLAR, INC. | $55.3M | — | +55% | 79 | |
| 49 | INTUITIVE SURGICAL INC | $54.9M | 0.8% | +122% | 79.7 | |
| 50 | BOEING CO | $54.2M | — | +33% | 61.4 | |
| 51 | Meta Platforms, Inc. | $54.0M | — | +14% | 79.6 | |
| 52 | Snowflake Inc. | $54.0M | — | -1% | 54.7 | |
| 53 | Meta Platforms, Inc. | $53.7M | — | -31% | 79.6 | |
| 54 | ADVANCED MICRO DEVICES INC | $53.2M | — | -19% | 79.7 | |
| 55 | Cheniere Energy, Inc. | $53.0M | 0.8% | +144% | 66.3 | |
| 56 | Tesla, Inc. | $52.5M | — | -21% | 53.6 | |
| 57 | Cloudflare, Inc. | $52.0M | — | +104% | 56.3 | |
| 58 | INTERNATIONAL BUSINESS MACHINES CORP | $51.4M | — | +5% | 69.7 | |
| 59 | AMAZON COM INC | $51.2M | — | -2% | 68.4 | |
| 60 | Dell Technologies Inc. | $50.9M | — | -2% | 71.1 | |
| 61 | Arista Networks, Inc. | $50.7M | — | -51% | 81.8 | |
| 62 | KRATOS DEFENSE & SECURITY SOLUTIONS, INC. | $50.4M | — | +195% | 44.3 | |
| 63 | Alphabet Inc. | $49.8M | — | +5% | 78.1 | |
| 64 | CENTRUS ENERGY CORP | $49.6M | — | +150% | 41 | |
| 65 | AppLovin Corp | $49.5M | — | -65% | 84.3 | |
| 66 | BERKSHIRE HATHAWAY INC | $49.4M | — | -12% | 73.6 | |
| 67 | — | CREDO TECHNOLOGY GROUP HOLDI | $49.3M | — | +153% | — |
| 68 | Palo Alto Networks Inc | $49.3M | — | -32% | 65.4 | |
| 69 | — | SELECT SECTOR SPDR TR | $49.2M | — | +41% | — |
| 70 | NIKE, Inc. | $48.5M | — | +21% | 49 | |
| 71 | NIKE, Inc. | $48.0M | — | +1% | 49 | |
| 72 | CrowdStrike Holdings, Inc. | $48.0M | — | -39% | 67.5 | |
| 73 | Coinbase Global, Inc. | $47.9M | — | +639% | 44.6 | |
| 74 | PDD Holdings Inc. | $47.5M | — | +21% | — | |
| 75 | MICRON TECHNOLOGY INC | $47.5M | — | +18% | 86.1 | |
| 76 | Philip Morris International Inc. | $47.4M | — | +54% | 75.7 | |
| 77 | Bloom Energy Corp | $47.3M | 0.7% | +47% | 66 | |
| 78 | BRINKER INTERNATIONAL, INC | $47.0M | 0.7% | +180% | 67.6 | |
| 79 | Coinbase Global, Inc. | $46.9M | — | +70% | 44.6 | |
| 80 | — | GE AEROSPACE | $46.5M | — | -6% | — |
| 81 | Walmart Inc. | $46.1M | — | -21% | 59.9 | |
| 82 | CrowdStrike Holdings, Inc. | $46.0M | — | -21% | 67.5 | |
| 83 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $45.8M | — | +213% | — | |
| 84 | Broadcom Inc. | $45.5M | — | -8% | 84.4 | |
| 85 | — | SEAGATE TECHNOLOGY HLDNGS PL | $45.5M | — | +1007% | — |
| 86 | — | SELECT SECTOR SPDR TR | $45.0M | — | +1% | — |
| 87 | SHOPIFY INC. | $45.0M | — | +31% | 64.9 | |
| 88 | ARM HOLDINGS PLC /UK | $44.8M | — | -3% | — | |
| 89 | TE Connectivity plc | $44.7M | 0.6% | NEW | — | |
| 90 | REGENERON PHARMACEUTICALS, INC. | $44.6M | 0.6% | -17% | 70.7 | |
| 91 | Nebius Group N.V. | $44.4M | — | -5% | — | |
| 92 | KEYCORP /NEW/ | $44.3M | 0.6% | NEW | 70.5 | |
| 93 | Walmart Inc. | $44.3M | 0.6% | -52% | 59.9 | |
| 94 | MICROSOFT CORP | $44.3M | 0.6% | +174% | 79.7 | |
| 95 | Spotify Technology S.A. | $44.3M | — | -30% | — | |
| 96 | — | SELECT SECTOR SPDR TR | $44.3M | — | -54% | — |
| 97 | NASDAQ, INC. | $44.0M | 0.6% | +296% | 76.5 | |
| 98 | BARRICK MINING CORP | $43.6M | — | +4467% | 69.5 | |
| 99 | BOEING CO | $43.4M | — | +22% | 61.4 | |
| 100 | — | ABBOTT LABS | $42.2M | — | +53% | — |
| 101 | — | SEAGATE TECHNOLOGY HLDNGS PL | $42.1M | — | +572% | — |
| 102 | Spotify Technology S.A. | $41.9M | — | -12% | — | |
| 103 | Reddit, Inc. | $41.6M | — | -30% | 79.6 | |
| 104 | — | ISHARES TR | $41.5M | — | -40% | — |
| 105 | Uber Technologies, Inc | $40.9M | — | -1% | 73.3 | |
| 106 | GE Vernova Inc. | $40.2M | — | -10% | 81.1 | |
| 107 | NETFLIX INC | $39.9M | — | -26% | 78.6 | |
| 108 | CELESTICA INC | $39.6M | — | -1% | 69.7 | |
| 109 | Alphabet Inc. | $39.5M | 0.6% | +84% | 78.1 | |
| 110 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $39.4M | — | +9% | — | |
| 111 | SCHWAB CHARLES CORP | $39.3M | 0.6% | -59% | 79.3 | |
| 112 | GOLDMAN SACHS GROUP INC | $39.2M | — | +74% | 73.3 | |
| 113 | IREN Ltd | $38.8M | — | +126% | 46.3 | |
| 114 | Merck & Co., Inc. | $38.5M | 0.5% | NEW | 59.7 | |
| 115 | Super Micro Computer, Inc. | $38.1M | — | -7% | 61.8 | |
| 116 | COSTCO WHOLESALE CORP /NEW | $37.1M | — | -24% | 65.9 | |
| 117 | — | GE AEROSPACE | $36.7M | — | +23% | — |
| 118 | S&P Global Inc. | $36.4M | 0.5% | NEW | 75.8 | |
| 119 | Dell Technologies Inc. | $36.3M | — | +1% | 71.1 | |
| 120 | O REILLY AUTOMOTIVE INC | $36.2M | 0.5% | NEW | 67 | |
| 121 | AMAZON COM INC | $36.0M | 0.5% | NEW | 68.4 | |
| 122 | STARBUCKS CORP | $35.9M | — | -21% | 57.9 | |
| 123 | DELTA AIR LINES, INC. | $35.4M | 0.5% | +24% | 57.3 | |
| 124 | HONEYWELL INTERNATIONAL INC | $35.2M | 0.5% | -12% | 66.5 | |
| 125 | — | VANECK ETF TRUST | $35.1M | — | +43% | — |
| 126 | Datadog, Inc. | $35.0M | — | -13% | 71.2 | |
| 127 | HF Sinclair Corp | $34.6M | 0.5% | +874% | 58.4 | |
| 128 | — | ROYAL CARIBBEAN GROUP | $34.3M | — | +326% | — |
| 129 | Palo Alto Networks Inc | $34.2M | — | -19% | 65.4 | |
| 130 | FIRST SOLAR, INC. | $33.9M | — | +17% | 79 | |
| 131 | Roblox Corp | $33.7M | — | +21% | 60.2 | |
| 132 | AeroVironment Inc | $33.3M | — | +128% | 44.3 | |
| 133 | — | CREDO TECHNOLOGY GROUP HOLDI | $33.3M | — | +40% | — |
| 134 | Howmet Aerospace Inc. | $33.1M | — | +73% | 73.6 | |
| 135 | Vistra Corp. | $33.0M | — | +12% | 71.6 | |
| 136 | Chubb Ltd | $32.9M | 0.5% | NEW | — | |
| 137 | ADVANCED MICRO DEVICES INC | $32.9M | 0.5% | NEW | 79.7 | |
| 138 | Walmart Inc. | $32.7M | — | -3% | 59.9 | |
| 139 | — | SELECT SECTOR SPDR TR | $32.6M | — | +10% | — |
| 140 | Grab Holdings Ltd | $32.2M | 0.5% | +237% | — | |
| 141 | ROPER TECHNOLOGIES INC | $32.2M | 0.5% | NEW | 71.8 | |
| 142 | DEXCOM INC | $31.9M | 0.5% | NEW | 75.8 | |
| 143 | DOVER Corp | $31.8M | 0.5% | +83% | 57.8 | |
| 144 | — | SELECT SECTOR SPDR TR | $31.8M | — | -2% | — |
| 145 | — | VANECK ETF TRUST | $31.6M | — | +34% | — |
| 146 | RTX Corp | $31.4M | — | +30% | 73.1 | |
| 147 | Oklo Inc. | $31.4M | — | +48% | — | |
| 148 | Datadog, Inc. | $31.3M | — | +12% | 71.2 | |
| 149 | ADOBE INC. | $31.1M | — | -24% | 77.8 | |
| 150 | INTEL CORP | $30.7M | 0.4% | +43% | 45.5 |
New Positions (765)
Exited Positions (722)
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