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Cubist Systematic Strategies, LLC — 13F Holdings & Portfolio

CIK 1603465 · latest 13F-HR filed 2025-11-14

Backtest portfolio

Cubist Systematic Strategies, LLC manages $20.99B in 13F-reported U.S. long-equity assets across 2,948 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are GDX (0.81%), GLD (0.78%), ORCL (0.65%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 617 new positions and exited 614; 355 existing positions rose in reported value and 454 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$20.99B

Long-equity book

Holdings
2,948

Distinct positions

Period
2025-09-30

Filed 2025-11-14

Q/Q Activity
+617 / −614 / ↑355 / ↓454

vs 2025-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 25
BSX1.2% · +100%ADSK0.9% · +380%KDP0.9% · newABNB0.8% · -31%ISRG0.8% · +122%LNG0.7% · +144%BE0.7% · +47%EAT0.7% · +180%TEL0.6% · newREGN0.6% · -16%KEY0.6% · newWMT0.6% · -52%MSFT0.6% · +174%NDAQ0.6% · +296%GOOGL0.6% · +84%SCHW0.6% · -59%MRK0.5% · +10315%SPGI0.5% · newORLY0.5% · newAMZN0.5% · newDAL0.5% · +24%HON0.5% · -12%DINO0.5% · +874%CB0.5% · newAMD0.5% · newGRAB0.5% · +237%ROP0.5% · newDXCM0.5% · newDOV0.4% · +83%INTC0.4% · +43%SBSW0.4% · +42%META0.4% · newPNW0.4% · +33%FERG0.4% · newGM0.4% · -49%AMT0.4% · newBCS0.4% · -17%FISV0.4% · -46%RKLB0.4% · +191%GAP0.4% · +369%WDC0.4% · +42%MKTX0.4% · +163%XLF0.4% · +101%EHC0.4% · +46%CMCSA0.4% · -36%PATH0.4% · newTRI0.4% · newMBLY0.4% · +13%PCTY0.4% · newESTC0.4% · -46%MOS0.3% · +152%PBR0.3% · +508%GLD0.3% · newFCX0.3% · newCRDO0.3% · +1486%ECHO0.3% · newCDW0.3% · newCR0.3% · newBEN0.3% · newTMUS0.3% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 25 → Q3 25

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

2 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 7.9%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

Name Title / Status Ownership Type

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 355 →

Top Trims

Show all 454 →

New Positions

Show all 617 →

Exited Positions

Show all 614 →

Cubist Systematic Strategies, LLC Holdings (2025-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANECK ETF TRUST Put GDX 92189F106 $171.1M 0.81% 2,239,300 SH
2 SPDR GOLD TR Put GLD 78463V107 $164.6M 0.78% 463,100 SH
3 ORACLE CORP Put ORCL 68389X105 $135.7M 0.65% 482,600 SH
4 ORACLE CORP Call ORCL 68389X105 $127.6M 0.61% 453,800 SH
5 SPDR GOLD TR Call GLD 78463V107 $117.6M 0.56% 330,900 SH
6 UNITEDHEALTH GROUP INC Put UNH 91324P102 $116.4M 0.55% 337,000 SH
7 PALANTIR TECHNOLOGIES INC Call PLTR 69608A108 $109.5M 0.52% 600,500 SH
8 ROBINHOOD MKTS INC Put HOOD 770700102 $105.5M 0.50% 736,700 SH
9 PALANTIR TECHNOLOGIES INC Put PLTR 69608A108 $102.7M 0.49% 563,000 SH
10 NEBIUS GROUP N.V. Put NBIS N97284108 $98.5M 0.47% 877,600 SH
11 BOSTON SCIENTIFIC CORP BSX 101137107 $88.2M 0.42% 903,124 SH
12 NVIDIA CORPORATION Call NVDA 67066G104 $86.9M 0.41% 465,900 SH
13 ISHARES TR Put TLT 464287432 $85.3M 0.41% 954,100 SH
14 NETFLIX INC Call NFLX 64110L106 $84.6M 0.40% 70,600 SH
15 UNITEDHEALTH GROUP INC Call UNH 91324P102 $81.9M 0.39% 237,100 SH
16 VANECK ETF TRUST Call GDX 92189F106 $79.1M 0.38% 1,035,800 SH
17 SELECT SECTOR SPDR TR Put XLE 81369Y506 $78.2M 0.37% 875,800 SH
18 ROBINHOOD MKTS INC Call HOOD 770700102 $77.1M 0.37% 538,300 SH
19 ROBLOX CORP Call RBLX 771049103 $69.5M 0.33% 501,500 SH
20 AXON ENTERPRISE INC Put AXON 05464C101 $68.2M 0.32% 95,000 SH
21 SUPER MICRO COMPUTER INC Put SMCI 86800U302 $68.0M 0.32% 1,417,500 SH
22 ALIBABA GROUP HLDG LTD Put BABA 01609W102 $67.4M 0.32% 377,200 SH
23 BROADCOM INC Call AVGO 11135F101 $67.1M 0.32% 203,400 SH
24 SELECT SECTOR SPDR TR Call XLE 81369Y506 $65.5M 0.31% 732,600 SH
25 PDD HOLDINGS INC Call PDD 722304102 $64.4M 0.31% 487,500 SH
26 NEWMONT CORP Call NEM 651639106 $62.0M 0.30% 734,900 SH
27 ISHARES SILVER TR Call SLV 46428Q109 $61.5M 0.29% 1,452,200 SH
28 AMAZON COM INC Call AMZN 023135106 $61.5M 0.29% 279,900 SH
29 AUTODESK INC ADSK 052769106 $61.1M 0.29% 192,356 SH
30 TESLA INC Put TSLA 88160R101 $60.9M 0.29% 136,900 SH
31 ALIBABA GROUP HLDG LTD Call BABA 01609W102 $60.7M 0.29% 339,800 SH
32 KEURIG DR PEPPER INC KDP 49271V100 $60.4M 0.29% 2,366,205 SH
33 FUTU HLDGS LTD Call FUTU 36118L106 $60.3M 0.29% 346,500 SH
34 SHOPIFY INC Call SHOP 82509L107 $60.2M 0.29% 404,800 SH
35 GOLDMAN SACHS GROUP INC Call GS 38141G104 $59.6M 0.28% 74,800 SH
36 NVIDIA CORPORATION Put NVDA 67066G104 $58.5M 0.28% 313,800 SH
37 SELECT SECTOR SPDR TR Put XLK 81369Y803 $58.3M 0.28% 206,800 SH
38 SELECT SECTOR SPDR TR Put XLI 81369Y704 $57.7M 0.27% 373,800 SH
39 MICRON TECHNOLOGY INC Put MU 595112103 $57.5M 0.27% 343,700 SH
40 AIRBNB INC ABNB 009066101 $57.5M 0.27% 473,486 SH
41 MONGODB INC Put MDB 60937P106 $57.1M 0.27% 184,100 SH
42 CLOUDFLARE INC Call NET 18915M107 $56.9M 0.27% 265,100 SH
43 ARM HOLDINGS PLC Put ARM 042068205 $56.9M 0.27% 401,800 SH
44 VANECK ETF TRUST Put SMH 92189F676 $56.6M 0.27% 173,500 SH
45 CONSTELLATION ENERGY CORP Call CEG 21037T109 $56.5M 0.27% 171,700 SH
46 MONGODB INC Call MDB 60937P106 $56.1M 0.27% 180,900 SH
47 HIMS & HERS HEALTH INC Call HIMS 433000106 $55.6M 0.26% 979,700 SH
48 FIRST SOLAR INC Put FSLR 336433107 $55.3M 0.26% 250,900 SH
49 INTUITIVE SURGICAL INC ISRG 46120E602 $54.9M 0.26% 122,766 SH
50 BOEING CO Put BA 097023105 $54.2M 0.26% 251,300 SH
Filing History
Period Filed AUM Holdings Accession
2025-09-30 2025-11-14 $20.99B 2,948 0000902664-25-005056
2025-06-30 2025-08-14 $21.75B 2,889 0000902664-25-003677