Caxton Associates LP's Q2 2023 13F: 222 new positions, 224 exits

Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 15, 2023 · 472 reported positions · accession 0000872573-23-000009

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Exited FREEPORT-MCMORAN INC (FCX) 19.2% — −19.2 pts −2.96M sh −100%
New AMAZON COM INC (AMZN) — 6.4% +6.4 pts +331K sh new
New MICROSOFT CORP (MSFT) — 5.9% +5.9 pts +116K sh new
Increased NVIDIA CORPORATION (NVDA) 0.9% 6.7% +5.9 pts +87,724 sh +439%
New AUTOLIV INC (ALV) — 4.0% +4.0 pts +320K sh new
Increased TECK RESOURCES LTD (TECK) 0.7% 3.9% +3.2 pts +498K sh +390%
Exited MERCADOLIBRE INC (MELI) 2.3% — −2.3 pts −10,822 sh −100%
Reduced ALIBABA GROUP HLDG LTD (BABA) 3.0% 0.1% −2.9 pts −179K sh −97%
Reduced ADVANCED MICRO DEVICES INC (AMD) 2.4% 0.4% −1.9 pts −126K sh −83%
Exited SEA LTD (SE) 2.1% — −2.1 pts −151K sh −100%
New SYNOPSYS INC (SNPS) — 1.9% +1.9 pts +29,097 sh new
Reduced VISA INC (V) 1.6% 0.1% −1.5 pts −42,332 sh −93%
Increased ADOBE SYSTEMS INCORPORATED (ADBE) 0.4% 1.8% +1.4 pts +18,734 sh +325%
New NETEASE INC (NTES) — 1.3% +1.3 pts +91,013 sh new
New SERVICENOW INC (NOW) — 1.3% +1.3 pts +15,571 sh new
Exited BROADCOM INC (AVGO) 1.2% — −1.2 pts −11,741 sh −100%
Exited ISHARES INC (EWW) 1.2% — −1.2 pts −126K sh −100%
Exited SELECT SECTOR SPDR TR (XLE) 1.0% — −1.0 pts −75,000 sh −100%
Exited SALESFORCE INC (CRM) 1.0% — −1.0 pts −30,512 sh −100%
Reduced KRANESHARES TR (KWEB) 1.5% 0.3% −1.3 pts −243K sh −78%
Exited PEABODY ENERGY CORP (BTU) 0.9% — −0.9 pts −210K sh −100%
New HDFC BANK LTD (HDB) — 0.8% +0.8 pts +75,528 sh new
New ITAU UNIBANCO HLDG S A (ITU) — 0.8% +0.8 pts +864K sh new
New WELLS FARGO CO NEW (WFC) — 0.7% +0.7 pts +116K sh new
New ARGENX SE (ARGX) — 0.7% +0.7 pts +12,000 sh new
New SNOWFLAKE INC (SNOW) — 0.7% +0.7 pts +25,326 sh new
Exited ARISTA NETWORKS INC (ANET) 0.6% — −0.6 pts −24,187 sh −100%
Increased PETROLEO BRASILEIRO SA PETRO (PBR) 0.1% 0.7% +0.7 pts +310K sh +620%
New ORACLE CORP (ORCL) — 0.6% +0.6 pts +35,766 sh new
New UBER TECHNOLOGIES INC (UBER) — 0.6% +0.6 pts +87,546 sh new
Reduced BOOKING HOLDINGS INC (BKNG) 0.8% 0.2% −0.6 pts −1,396 sh −76%
Increased PAYPAL HLDGS INC (PYPL) 0.2% 0.7% +0.5 pts +55,051 sh +350%
Exited IQVIA HLDGS INC (IQV) 0.5% — −0.5 pts −16,855 sh −100%
New INTUITIVE SURGICAL INC (ISRG) — 0.5% +0.5 pts +10,000 sh new
New INTERNATIONAL BUSINESS MACHS (IBM) — 0.5% +0.5 pts +25,000 sh new
Exited CARLISLE COS INC (CSL) 0.5% — −0.5 pts −13,681 sh −100%
Exited ALCOA CORP (AA) 0.5% — −0.5 pts −71,813 sh −100%
New ISHARES INC (EWZ) — 0.5% +0.5 pts +93,926 sh new
New ISHARES TR (INDA) — 0.4% +0.4 pts +69,523 sh new
Increased CADENCE DESIGN SYSTEM INC (CDNS) 1.8% 2.3% +0.5 pts +12,858 sh +23%
New TAIWAN SEMICONDUCTOR MFG LTD (TSM) — 0.4% +0.4 pts +28,546 sh new
New META PLATFORMS INC (META) — 0.4% +0.4 pts +10,000 sh new
New LAM RESEARCH CORP (LRCX) — 0.4% +0.4 pts +4,446 sh new
Reduced JOHNSON & JOHNSON (JNJ) 0.7% 0.3% −0.4 pts −16,729 sh −58%
New MCKESSON CORP (MCK) — 0.4% +0.4 pts +6,097 sh new
New DECKERS OUTDOOR CORP (DECK) — 0.4% +0.4 pts +4,918 sh new
Exited HENRY JACK & ASSOC INC (JKHY) 0.4% — −0.4 pts −15,949 sh −100%
New MR COOPER GROUP INC (COOP) — 0.4% +0.4 pts +50,790 sh new
New SYSCO CORP (SYY) — 0.4% +0.4 pts +34,363 sh new
New DATADOG INC (DDOG) — 0.4% +0.4 pts +25,359 sh new

The 50 largest of 674 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

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • SINCLAIR INC (SBGI): 829226109 → 829242106, 14,632 → 22,311 shares (share count changed with the identifier; not shown as a trade)

Top 10 positions — 35.9% of the equity book

Changes in the top 10 this quarter: NVDA entered · AMZN entered · MSFT entered · ALV entered · TECK entered · SNPS entered · ADBE entered · NTES entered · FCX left · BABA left · AMD left · MELI left · SE left · V left · KWEB left · AVGO left

# Security Weight before Weight now
1 NVIDIA CORPORATION (NVDA) 0.9% 6.7% Entered the top 10
2 AMAZON COM INC (AMZN) 0.0% 6.4% Entered the top 10
3 MICROSOFT CORP (MSFT) 0.0% 5.9% Entered the top 10
4 AUTOLIV INC (ALV) 0.0% 4.0% Entered the top 10
5 TECK RESOURCES LTD (TECK) 0.7% 3.9% Entered the top 10
6 CADENCE DESIGN SYSTEM INC (CDNS) 1.8% 2.3%
7 SYNOPSYS INC (SNPS) 0.0% 1.9% Entered the top 10
8 ADOBE SYSTEMS INCORPORATED (ADBE) 0.4% 1.8% Entered the top 10
9 CME GROUP INC (CME) 1.8% 1.7%
10 NETEASE INC (NTES) 0.0% 1.3% Entered the top 10
— FREEPORT-MCMORAN INC (FCX) 19.2% 0.0% Left the top 10
— ALIBABA GROUP HLDG LTD (BABA) 3.0% 0.1% Left the top 10
— ADVANCED MICRO DEVICES INC (AMD) 2.4% 0.4% Left the top 10
— MERCADOLIBRE INC (MELI) 2.3% 0.0% Left the top 10
— SEA LTD (SE) 2.1% 0.0% Left the top 10
— VISA INC (V) 1.6% 0.1% Left the top 10
— KRANESHARES TR (KWEB) 1.5% 0.3% Left the top 10
— BROADCOM INC (AVGO) 1.2% 0.0% 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 SER TR (KRE) Put 400K 0 $0
Exited ISHARES TR (FXI) Call 200K 0 $0
Exited ISHARES TR (FXI) Put 200K 0 $0
Exited CAMECO CORP (CCJ) Call 150K 0 $0