What ExodusPoint Capital Management LP changed, 2018 to 2026
31 quarterly 13F filings, from Q4 2018 to Q2 2026, each read from the filing itself. A quarter is compared only with the quarter before it, so a quarter with no filing is a gap in the record, not a sale.
Reported book
$15.5bn
$1.4bn at Q4 2018
Positions
1,510
334 at Q4 2018
Top ten weight
31%
60% at Q4 2018
Typical quarterly turnover
about 45%
Estimated from share changes
- Q4 2018: $1.4bn
- Q1 2019: $1.3bn
- Q2 2019: $2.5bn
- Q3 2019: $2.9bn
- Q4 2019: $5.3bn
- Q1 2020: $1.8bn
- Q2 2020: $3.9bn
- Q3 2020: $5.0bn
- Q4 2020: $10.3bn
- Q1 2021: $6.9bn
- Q2 2021: $9.0bn
- Q3 2021: $7.4bn
- Q4 2021: $9.7bn
- Q1 2022: $7.9bn
- Q2 2022: $8.2bn
- Q3 2022: $7.6bn
- Q4 2022: $6.9bn
- Q1 2023: $12.1bn
- Q2 2023: $12.3bn
- Q3 2023: $10.5bn
- Q4 2023: $15.2bn
- Q1 2024: $13.1bn
- Q2 2024: $14.7bn
- Q3 2024: $16.4bn
- Q4 2024: $14.6bn
- Q1 2025: $10.1bn
- Q2 2025: $11.4bn
- Q3 2025: $9.8bn
- Q4 2025: $12.7bn
- Q1 2026: $12.6bn
- Q2 2026: $15.5bn
- Q4 2018: 60%
- Q1 2019: 39%
- Q2 2019: 46%
- Q3 2019: 24%
- Q4 2019: 42%
- Q1 2020: 32%
- Q2 2020: 17%
- Q3 2020: 32%
- Q4 2020: 42%
- Q1 2021: 26%
- Q2 2021: 35%
- Q3 2021: 10%
- Q4 2021: 22%
- Q1 2022: 11%
- Q2 2022: 14%
- Q3 2022: 10%
- Q4 2022: 11%
- Q1 2023: 22%
- Q2 2023: 25%
- Q3 2023: 23%
- Q4 2023: 45%
- Q1 2024: 31%
- Q2 2024: 34%
- Q3 2024: 37%
- Q4 2024: 34%
- Q1 2025: 26%
- Q2 2025: 25%
- Q3 2025: 25%
- Q4 2025: 30%
- Q1 2026: 35%
- Q2 2026: 31%
The positions that defined it
Every position that was ever among the 25 largest: when it first appeared, when it was largest, and where it stands in Q2 2026. The line is its reported value each quarter.
| Position | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Invesco QQQ Trust(QQQ) | Q3 2019 | $711mQ2 2026 | $711m | |
| Amazon Com Inc(AMZN) | Q4 2018 | $655mQ2 2026 | $655m | |
| iShares 20 Year Treasury Bond ETF(TLT) | Q1 2021 | $623mQ2 2026 | $623m | |
| Amazon Com Inc(AMZN) | Q4 2018 | $548mQ2 2026 | $548m | |
| Apple Inc(AAPL) | Q2 2019 | $493mQ2 2026 | $493m | |
| Apple Inc(AAPL) | Q2 2019 | $434mQ2 2026 | $434m | |
| Penumbra Inc(PEN) | Q1 2019 | $344mQ2 2026 | $344m | |
| Topbuild Corp(BLD) | Q2 2020 | $342mQ2 2026 | $342m | |
| Space Exploration Techn Corp(SPCX)Class A Common Stock | Q2 2026 | $331mQ2 2026 | $331m | |
| Nvidia Corp(NVDA) | Q4 2019 | $770mQ4 2025 | $275m | |
| Invesco QQQ Trust(QQQ) | Q3 2020 | $975mQ4 2025 | $258m | |
| VanEck Vectors Semiconductor(SMH) | Q1 2024 | $223mQ2 2026 | $223m | |
| Spdr S&P 500 Etf Trust(SPY) | Q2 2019 | $3.5bnQ4 2023 | Soldlast listed Q2 2025 | |
| Spdr S&P 500 Etf Trust(SPY) | Q2 2019 | $1.3bnQ3 2024 | Soldlast listed Q1 2026 | |
| Alibaba Group HLDG LTD(BABA)Sponsored ADS | Q2 2020 | $1.1bnQ4 2020 | Soldlast listed Q3 2021 | |
| Flutter Entmt PLC(FLUT) | Q2 2024 | $723mQ2 2024 | Soldlast listed Q2 2024 | |
| Flutter Entmt PLC(FLUT) | Q2 2024 | $723mQ2 2024 | Soldlast listed Q2 2024 | |
| Microsoft Corp(MSFT) | Q4 2020 | $466mQ2 2021 | Below the listed rangelast listed Q3 2024 | |
| Apple Inc(AAPL) | Q3 2020 | $449mQ2 2023 | Soldlast listed Q4 2024 | |
| Alibaba Group HLDG LTD(BABA)Sponsored ADS | Q2 2019 | $433mQ4 2020 | Soldlast listed Q3 2021 |
Quarter by quarter
Q2 2020: $3.9bn across 1,724 positions
Against Q1 2020: 1,724 new, 0 added to, 0 trimmed, 421 sold out, across all 1,724 positions.
Turnover about 13% of the book, estimated from share changes at quarter-end prices.
Largest additions
No position grew this quarter.
Largest reductions
No position was cut this quarter.
Opened
- Spdr S&P 500 Etf Trust (SPY)$130m
- Alibaba Group HLDG LTD (BABA)$103m
- Comcast Corp New (CMCSA)$99m
- Spdr S&P 500 Etf Trust (SPY)$82m
- iShares Russell 2000 ETF (IWM)$56m
- Alibaba Group HLDG LTD (BABA)$50m
- Yandex N V (NBIS)$41m
- Fiserv Inc (FISV)$40m
Sold out
- Mckesson Corp (MCK)was $18m
- Automatic Data Processing In (ADP)was $13m
- Disney Walt Co (DIS)was $9.7m
- Carlyle Group Inc (CG)was $8.9m
- Valero Energy Corp New (VLO)was $8.4m
- Crowdstrike HLDGS Inc (CRWD)was $8.3m
- Apollo Global MGMT Incwas $8.1m
- Williams Cos Inc Del (WMB)was $7.6m
Largest positions, Q2 2020
The largest 25 of 1,724 reported positions; the largest 500 carry 81.2% of the reported value.
| Position | Value | Weight | On the quarter |
|---|---|---|---|
| Spdr S&P 500 Etf Trust (SPY) | $130m | 3.4% | New |
| Alibaba Group HLDG LTD (BABA) | $103m | 2.7% | New |
| Comcast Corp New (CMCSA) | $99m | 2.6% | New |
| Spdr S&P 500 Etf Trust (SPY) | $82m | 2.1% | New |
| iShares Russell 2000 ETF (IWM) | $56m | 1.5% | New |
| Alibaba Group HLDG LTD (BABA) | $50m | 1.3% | New |
| Yandex N V (NBIS) | $41m | 1.1% | New |
| Fiserv Inc (FISV) | $40m | 1.0% | New |
| Comcast Corp New (CMCSA) | $37m | 1.0% | New |
| Entergy Corp New (ETR) | $35m | 0.9% | New |
| Pg&e Corp (PCG) | $32m | 0.8% | New |
| Transunion (TRU) | $28m | 0.7% | New |
| Global PMTS Inc (GPN) | $25m | 0.6% | New |
| Newmont MNG Corp (NEM) | $24m | 0.6% | New |
| Fidelity Natl Information SV (FIS) | $24m | 0.6% | New |
| Intel Corp (INTC) | $24m | 0.6% | New |
| Firstenergy Corp (FE) | $22m | 0.6% | New |
| JPMorgan Chase & Co (JPM) | $21m | 0.6% | New |
| Select Sector SPDR Technology (XLK) | $20m | 0.5% | New |
| Evergy Inc (EVRG) | $20m | 0.5% | New |
| Charter Communications Inc N (CHTR) | $19m | 0.5% | New |
| Ihs Markit LTD | $19m | 0.5% | New |
| Azek Co Inc | $19m | 0.5% | New |
| Procter and Gamble Co (PG) | $18m | 0.5% | New |
| Lululemon Athletica Inc (LULU) | $18m | 0.5% | New |
The books most like this one
Among the managers whose filings are on file, at Q2 2026. Overlap is the share of the two books that is the same: for every stock both list, the smaller of its two weights, added up. Two books can overlap because both own the largest companies; it says nothing about whether the managers agree.
| Manager | Overlap | Stocks in both | Overlap over time | |
|---|---|---|---|---|
| Fidelity (FMR LLC) | at least 22% | 155 | Compare | |
| Neuberger Berman Group LLC | at least 21% | 153 | Compare | |
| Arrowstreet Capital LP | at least 20% | 146 | Compare | |
| Invesco Ltd | at least 19% | 162 | Compare | |
| T. Rowe Price Associates Inc | at least 19% | 154 | Compare | |
| MFS Investment Management | at least 19% | 154 | Compare | |
| Woodline Partners LP | at least 19% | 136 | Compare | |
| Wellington Management Group LLP | at least 18% | 146 | Compare |
“At least” where either manager has more positions than are read each quarter: a stock both hold below that range is not counted.
The filings behind it
Every quarter above is one 13F holdings report, with any amendment the filer made to it applied in the order it was filed. Where the reporting entity changed, each quarter keeps the filer that actually reported it.
| Quarter | Filer | Book | Amended | Filing |
|---|---|---|---|---|
| Q2 2026 | ExodusPoint Capital Management LP | $15.5bn | 13F-HR | |
| Q1 2026 | ExodusPoint Capital Management LP | $12.6bn | 1 | 13F-HR |
| Q4 2025 | ExodusPoint Capital Management LP | $12.7bn | 13F-HR | |
| Q3 2025 | ExodusPoint Capital Management LP | $9.8bn | 13F-HR | |
| Q2 2025 | ExodusPoint Capital Management LP | $11.4bn | 13F-HR | |
| Q1 2025 | ExodusPoint Capital Management LP | $10.1bn | 13F-HR | |
| Q4 2024 | ExodusPoint Capital Management LP | $14.6bn | 13F-HR | |
| Q3 2024 | ExodusPoint Capital Management LP | $16.4bn | 13F-HR | |
| Q2 2024 | ExodusPoint Capital Management LP | $14.7bn | 13F-HR | |
| Q1 2024 | ExodusPoint Capital Management LP | $13.1bn | 13F-HR | |
| Q4 2023 | ExodusPoint Capital Management LP | $15.2bn | 13F-HR | |
| Q3 2023 | ExodusPoint Capital Management LP | $10.5bn | 13F-HR | |
| Q2 2023 | ExodusPoint Capital Management LP | $12.3bn | 13F-HR | |
| Q1 2023 | ExodusPoint Capital Management LP | $12.1bn | 13F-HR | |
| Q4 2022 | ExodusPoint Capital Management LP | $6.9bn | 13F-HR | |
| Q3 2022 | ExodusPoint Capital Management LP | $7.6bn | 13F-HR | |
| Q2 2022 | ExodusPoint Capital Management LP | $8.2bn | 13F-HR | |
| Q1 2022 | ExodusPoint Capital Management LP | $7.9bn | 13F-HR | |
| Q4 2021 | ExodusPoint Capital Management LP | $9.7bn | 13F-HR | |
| Q3 2021 | ExodusPoint Capital Management LP | $7.4bn | 13F-HR | |
| Q2 2021 | ExodusPoint Capital Management LP | $9.0bn | 13F-HR | |
| Q1 2021 | ExodusPoint Capital Management LP | $6.9bn | 13F-HR | |
| Q4 2020 | ExodusPoint Capital Management LP | $10.3bn | 13F-HR | |
| Q3 2020 | ExodusPoint Capital Management LP | $5.0bn | 13F-HR | |
| Q2 2020 | ExodusPoint Capital Management LP | $3.9bn | 13F-HR | |
| Q1 2020 | ExodusPoint Capital Management LP | $1.8bn | 13F-HR | |
| Q4 2019 | ExodusPoint Capital Management LP | $5.3bn | 13F-HR | |
| Q3 2019 | ExodusPoint Capital Management LP | $2.9bn | 13F-HR | |
| Q2 2019 | ExodusPoint Capital Management LP | $2.5bn | 13F-HR | |
| Q1 2019 | ExodusPoint Capital Management LP | $1.3bn | 13F-HR | |
| Q4 2018 | ExodusPoint Capital Management LP | $1.4bn | 13F-HR |
Reading this record
A 13F lists US-listed long equity and options at the quarter end, filed up to 45 days later. It shows what was held, not when it was bought or at what price, and nothing short. Where a quarter lists only the largest positions, a name missing from it may still be held below that range; the counts of what was opened and sold always cover the whole filing.
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