Caxton Associates LP's Q1 2023 13F: 248 new positions, 186 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 474 reported positions · accession 0000899140-23-000644
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | SPDR S&P 500 ETF TR (SPY) | 37.6% | 0.0% | −37.5 pts | −1.36M sh | −100% |
| Increased | FREEPORT-MCMORAN INC (FCX) | 0.0% | 19.2% | +19.2 pts | +2.95M sh | +22664% |
| Exited | ISHARES TR (IBB) | 11.0% | — | −11.0 pts | −1.16M sh | −100% |
| Exited | PFIZER INC (PFE) | 10.7% | — | −10.7 pts | −2.87M sh | −100% |
| Reduced | MODERNA INC (MRNA) | 3.1% | 0.1% | −3.1 pts | −237K sh | −99% |
| Exited | LILLY ELI & CO (LLY) | 5.6% | — | −5.6 pts | −211K sh | −100% |
| Exited | GILEAD SCIENCES INC (GILD) | 4.8% | — | −4.8 pts | −769K sh | −100% |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 0.1% | 3.0% | +2.9 pts | +164K sh | +790% |
| New | ADVANCED MICRO DEVICES INC (AMD) | — | 2.4% | +2.4 pts | +151K sh | new |
| New | MERCADOLIBRE INC (MELI) | — | 2.3% | +2.3 pts | +10,822 sh | new |
| New | SEA LTD (SE) | — | 2.1% | +2.1 pts | +151K sh | new |
| New | CADENCE DESIGN SYSTEM INC (CDNS) | — | 1.8% | +1.8 pts | +54,801 sh | new |
| Reduced | BOOKING HOLDINGS INC (BKNG) | 0.8% | 0.8% | 0.0 pts | −3,378 sh | −65% |
| New | BROADCOM INC (AVGO) | — | 1.2% | +1.2 pts | +11,741 sh | new |
| New | ISHARES INC (EWW) | — | 1.2% | +1.2 pts | +126K sh | new |
| New | CAMECO CORP (CCJ) | — | 1.2% | +1.2 pts | +283K sh | new |
| Exited | INVESCO QQQ TR (QQQ) | 1.1% | — | −1.1 pts | −56,775 sh | −100% |
| New | NVIDIA CORPORATION (NVDA) | — | 0.9% | +0.9 pts | +19,995 sh | new |
| Reduced | VISA INC (V) | 1.1% | 1.6% | +0.6 pts | −24,461 sh | −35% |
| New | PEABODY ENERGY CORP (BTU) | — | 0.9% | +0.9 pts | +210K sh | new |
| New | TECK RESOURCES LTD (TECK) | — | 0.7% | +0.7 pts | +127K sh | new |
| New | ARISTA NETWORKS INC (ANET) | — | 0.6% | +0.6 pts | +24,187 sh | new |
| Exited | SPDR GOLD TR (GLD) | 0.6% | — | −0.6 pts | −51,900 sh | −100% |
| New | PALO ALTO NETWORKS INC (PANW) | — | 0.6% | +0.6 pts | +19,648 sh | new |
| Increased | SALESFORCE INC (CRM) | 0.1% | 1.0% | +0.9 pts | +19,127 sh | +168% |
| New | IQVIA HLDGS INC (IQV) | — | 0.5% | +0.5 pts | +16,855 sh | new |
| New | CARLISLE COS INC (CSL) | — | 0.5% | +0.5 pts | +13,681 sh | new |
| New | ALCOA CORP (AA) | — | 0.5% | +0.5 pts | +71,813 sh | new |
| Exited | MICROSOFT CORP (MSFT) | 0.5% | — | −0.5 pts | −27,500 sh | −100% |
| Exited | ENDEAVOR GROUP HLDGS INC (EDR) | 0.5% | — | −0.5 pts | −280K sh | −100% |
| New | CDW CORP (CDW) | — | 0.5% | +0.5 pts | +14,667 sh | new |
| Reduced | CME GROUP INC (CME) | 0.9% | 1.8% | +0.9 pts | −14,805 sh | −20% |
| Exited | T-MOBILE US INC (TMUS) | 0.4% | — | −0.4 pts | −42,260 sh | −100% |
| New | SYNCHRONY FINANCIAL (SYF) | — | 0.4% | +0.4 pts | +87,263 sh | new |
| New | HENRY JACK & ASSOC INC (JKHY) | — | 0.4% | +0.4 pts | +15,949 sh | new |
| New | AGILENT TECHNOLOGIES INC (A) | — | 0.4% | +0.4 pts | +17,286 sh | new |
| Exited | AMBARELLA INC (AMBA) | 0.4% | — | −0.4 pts | −63,429 sh | −100% |
| New | PAYCOM SOFTWARE INC (PAYC) | — | 0.4% | +0.4 pts | +7,807 sh | new |
| New | WATERS CORP (WAT) | — | 0.4% | +0.4 pts | +7,632 sh | new |
| New | GLOBUS MED INC (GMED) | — | 0.4% | +0.4 pts | +41,590 sh | new |
| Reduced | EBAY INC. (EBAY) | 0.2% | 0.0% | −0.1 pts | −52,910 sh | −89% |
| New | CBRE GROUP INC (CBRE) | — | 0.4% | +0.4 pts | +31,667 sh | new |
| New | ADOBE SYSTEMS INCORPORATED (ADBE) | — | 0.4% | +0.4 pts | +5,762 sh | new |
| New | NASDAQ INC (NDAQ) | — | 0.4% | +0.4 pts | +40,579 sh | new |
| New | ABBOTT LABS (ABT) | — | 0.3% | +0.3 pts | +21,142 sh | new |
| Exited | FERRARI N V (RACE) | 0.3% | — | −0.3 pts | −21,211 sh | −100% |
| New | PAYCHEX INC (PAYX) | — | 0.3% | +0.3 pts | +18,120 sh | new |
| New | LI AUTO INC (LI) | — | 0.3% | +0.3 pts | +81,699 sh | new |
| New | S&P GLOBAL INC (SPGI) | — | 0.3% | +0.3 pts | +5,894 sh | new |
| New | BOOZ ALLEN HAMILTON HLDG COR (BAH) | — | 0.3% | +0.3 pts | +21,655 sh | new |
The 50 largest of 649 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:
- PACCAR INC (PCAR): 12,591 shares as filed last quarter, 18,887 after adjustment → 14,171 now (prior share count adjusted for a stock split)
Top 10 positions — 36.9% of the equity book
Changes in the top 10 this quarter: FCX entered · BABA entered · AMD entered · MELI entered · SE entered · CDNS entered · KWEB entered · AVGO entered · SPY left · IBB left · PFE left · LLY left · GILD left · MRNA left · QQQ left · BKNG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | FREEPORT-MCMORAN INC (FCX) | 0.0% | 19.2% | Entered the top 10 |
| 2 | ALIBABA GROUP HLDG LTD (BABA) | 0.1% | 3.0% | Entered the top 10 |
| 3 | ADVANCED MICRO DEVICES INC (AMD) | 0.0% | 2.4% | Entered the top 10 |
| 4 | MERCADOLIBRE INC (MELI) | 0.0% | 2.3% | Entered the top 10 |
| 5 | SEA LTD (SE) | 0.0% | 2.1% | Entered the top 10 |
| 6 | CADENCE DESIGN SYSTEM INC (CDNS) | 0.0% | 1.8% | Entered the top 10 |
| 7 | CME GROUP INC (CME) | 0.9% | 1.8% | |
| 8 | VISA INC (V) | 1.1% | 1.6% | |
| 9 | KRANESHARES TR (KWEB) | 0.7% | 1.5% | Entered the top 10 |
| 10 | BROADCOM INC (AVGO) | 0.0% | 1.2% | Entered the top 10 |
| — | SPDR S&P 500 ETF TR (SPY) | 37.6% | 0.0% | Left the top 10 |
| — | ISHARES TR (IBB) | 11.0% | 0.0% | Left the top 10 |
| — | PFIZER INC (PFE) | 10.7% | 0.0% | Left the top 10 |
| — | LILLY ELI & CO (LLY) | 5.6% | 0.0% | Left the top 10 |
| — | GILEAD SCIENCES INC (GILD) | 4.8% | 0.0% | Left the top 10 |
| — | MODERNA INC (MRNA) | 3.1% | 0.1% | Left the top 10 |
| — | INVESCO QQQ TR (QQQ) | 1.1% | 0.0% | Left the top 10 |
| — | BOOKING HOLDINGS INC (BKNG) | 0.8% | 0.8% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | SPDR GOLD TR (GLD) | Call | 150K | 0 | $0 |
| New | SPDR SER TR (KRE) | Put | 0 | 400K | $17.5M |
| Exited | INVESCO QQQ TR (QQQ) | Put | 62,500 | 0 | $0 |
| Exited | ISHARES TR (IWM) | Put | 70,000 | 0 | $0 |
| Exited | ISHARES TR (IWM) | Call | 70,000 | 0 | $0 |
| Exited | SELECT SECTOR SPDR TR (XLF) | Put | 250K | 0 | $0 |
| Exited | SELECT SECTOR SPDR TR (XLF) | Call | 250K | 0 | $0 |
| Exited | INVESCO QQQ TR (QQQ) | Call | 27,500 | 0 | $0 |
| Exited | MICROSOFT CORP (MSFT) | Put | 27,500 | 0 | $0 |
| Exited | SELECT SECTOR SPDR TR (XLK) | Call | 50,000 | 0 | $0 |
| New | ISHARES TR (FXI) | Put | 0 | 200K | $5.91M |
| Exited | EATON CORP PLC (ETN) | Put | 37,500 | 0 | $0 |
| Increased | ISHARES TR (FXI) | Call | 5,600 | 200K | $5.91M |
| New | CAMECO CORP (CCJ) | Call | 0 | 150K | $3.93M |
| Exited | SELECT SECTOR SPDR TR (XLV) | Call | 15,000 | 0 | $0 |
| Exited | MODERNA INC (MRNA) | Call | 10,000 | 0 | $0 |
| Exited | ISHARES INC (EWZ) | Call | 30,000 | 0 | $0 |
| Exited | FIRST MAJESTIC SILVER CORP (AG) | Call | 100K | 0 | $0 |
| Exited | SELECT SECTOR SPDR TR (XLI) | Put | 7,600 | 0 | $0 |
| Exited | ISHARES TR (HYG) | Put | 10,000 | 0 | $0 |
| Exited | UNITED STS OIL FD LP (USO) | Call | 7,000 | 0 | $0 |
| Exited | APPLE INC (AAPL) | Put | 2,000 | 0 | $0 |
| Exited | ISHARES TR (TLT) | Put | 2,000 | 0 | $0 |
| Exited | NORDIC AMERICAN TANKERS LIMI (NAT) | Call | 50,000 | 0 | $0 |