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ExodusPoint Capital Management LP

The positions ExodusPoint Capital Management LP reported on its Form 13F for Q2 2026, the quarter ending 30 Jun 2026, filed on 14 Aug 2026. Every figure below is the filing’s own: US-listed long equity, valued at the quarter end, with the change measured against the same manager’s previous filing.

Reported book
$15.5bn
+$3.1bn on Q1 2026
Positions
1,510
76 new, 100 sold out
Top ten weight
31%
Spread across the book
Quarter
Q2 2026
Filed 14 Aug 2026
Read the Q2 2026 filing on sec.gov CIK 0001736225 · Multistrategy · NY
Reported book by quarter
$0$8.2bn$16.4bnQ3 24: $16.4bn$16.4bnQ3 24Q4 24: $14.6bn$14.6bnQ4 24Q1 25: $10.1bn$10.1bnQ1 25Q2 25: $11.4bn$11.4bnQ2 25Q3 25: $9.8bn$9.8bnQ3 25Q4 25: $12.7bn$12.7bnQ4 25Q1 26: $12.4bn$12.4bnQ1 26Q2 26: $15.5bn$15.5bnQ2 26
Largest positions, share of the book
Invesco QQQ TR: 4.6%Invesco QQQ TR4.6%Amazon Com Inc (AMZN): 4.2%Amazon Com Inc (AMZN)4.2%iShares TR: 4.0%iShares TR4.0%Amazon Com Inc (AMZN): 3.5%Amazon Com Inc (AMZN)3.5%Apple Inc (AAPL): 3.2%Apple Inc (AAPL)3.2%Apple Inc (AAPL): 2.8%Apple Inc (AAPL)2.8%Penumbra Inc (PEN): 2.2%Penumbra Inc (PEN)2.2%Topbuild Cor: 2.2%Topbuild Cor2.2%Space Exploration Techn Corp: 2.1%Space Exploration Techn…2.1%Nvidia Corporation (NVDA): 1.8%Nvidia Corporation (NVD…1.8%

Opened this quarter

A new position is the clearest thing a filing says. Somebody argued for it recently, and it is the easiest question to be ready for.

  • Apple Inc (AAPL)$434m · 2.8%
  • Space Exploration Techn Corp$331m · 2.1%
  • Invesco QQQ TR$258m · 1.7%
  • Shopify Inc (SHOP)$114m · 0.7%
  • Shopify Inc (SHOP)$112m · 0.7%
  • Intel Corp (INTC)$73m · 0.5%
  • Select Sector SPDR TR$70m · 0.4%
  • Cerebras Systems Inc (CBRS)$65m · 0.4%
  • Select Sector SPDR TR$64m · 0.4%
  • Berkshire Hathaway Inc Del$56m · 0.4%
  • iShares Bitcoin Trust ETF (IBIT)$56m · 0.4%
  • Roundhill ETF Trust$52m · 0.3%
  • and 64 more, in the table below.

Sold out of this quarter

Exits are valued at what the position was worth in the previous filing, because by this one it is gone.

  • Southern Co$81m held before
  • Honeywell Intl Inc$43m held before
  • Cooper Cos Inc$41m held before
  • Invesco Exchange Traded FD T$39m held before
  • Netflix Inc (NFLX)$34m held before
  • Nebius Group N.v. (NBIS)$32m held before
  • Veeva Sys Inc$27m held before
  • Lyondellbasell Industries N$26m held before
  • Servicenow Inc (NOW)$25m held before
  • Citigroup Inc$25m held before
  • Dynatrace Inc (DT)$24m held before
  • Autoliv Inc (ALV)$24m held before
  • and 88 more.

Every reported position, Q2 2026

200 positions, sorted by weight · page 1 of 2

PositionWeight ↓ValueSharesChange on the quarterAction
Invesco QQQ TR
UNIT SER 1 PUT · CUSIP 46090E103
4.6%$711m964,900
+$606m
+787,500 shares
Added
Amazon Com Inc (AMZN)
COM · CUSIP 023135106
4.2%$655m2,747,253
+$592m
+2,447,812 shares
Added
iShares TR
20 YR TR BD ETF CALL · CUSIP 464287432
4.0%$623m7,215,000
+$610m
+7,065,000 shares
Added
Amazon Com Inc (AMZN)
COM PUT · CUSIP 023135106
3.5%$548m2,300,000
+$544m
+2,282,500 shares
Added
Apple Inc (AAPL)
COM · CUSIP 037833100
3.2%$493m1,705,273
+$454m
+1,547,851 shares
Added
Apple Inc (AAPL)
COM PUT · CUSIP 037833100
2.8%$434m1,500,000No earlier filingNew
Penumbra Inc (PEN)
COM · CUSIP 70975L107
2.2%$344m1,090,430
+$192m
+625,215 shares
Added
Topbuild Cor
COM · CUSIP 89055F103
2.2%$342m965,007
+$336m
+948,329 shares
Added
Space Exploration Techn Corp
CLASS A COM STK · CUSIP 84615Q103
2.1%$331m1,938,935No earlier filingNew
Nvidia Corporation (NVDA)
COM · CUSIP 67066G104
1.8%$275m1,376,535
-$325m
-2,065,103 shares
Trimmed
Invesco QQQ TR
UNIT SER 1 CALL · CUSIP 46090E103
1.7%$258m350,000No earlier filingNew
Vaneck ETF Trust
SEMICONDUCTR ETF CALL · CUSIP 92189F676
1.4%$223m340,000
+$222m
+338,500 shares
Added
Nvidia Corporation (NVDA)
COM PUT · CUSIP 67066G104
1.2%$180m900,000
-$378m
-2,300,000 shares
Trimmed
Nvidia Corporation (NVDA)
COM CALL · CUSIP 67066G104
0.8%$125m625,500
+$72m
+318,500 shares
Added
Advanced Micro Devices Inc (AMD)
COM CALL · CUSIP 007903107
0.8%$125m215,000
+$117m
+175,400 shares
Added
Shopify Inc (SHOP)
CL A SUB VTG SHS PUT · CUSIP 82509L107
0.7%$114m1,000,000No earlier filingNew
Shopify Inc (SHOP)
CL A SUB VTG SHS · CUSIP 82509L107
0.7%$112m976,571No earlier filingNew
iShares TR
MSCI EMG MKT ETF CALL · CUSIP 464287234
0.7%$103m1,500,000
-$409m
-7,510,000 shares
Trimmed
Ameren Corp (AEE)
COM · CUSIP 023608102
0.6%$86m764,637
-$5.0m
-66,947 shares
Trimmed
Microsoft Corp (MSFT)
COM · CUSIP 594918104
0.6%$86m231,231
+$59m
+158,050 shares
Added
Oreilly Automotive Inc
COM · CUSIP 67103H107
0.5%$78m846,758
+$73m
+797,100 shares
Added
Norfolk Southn Corp
COM · CUSIP 655844108
0.5%$77m244,499
+$31m
+84,542 shares
Added
Xcel Energy Inc
COM · CUSIP 98389B100
0.5%$76m949,886
-$2.7m
-44,224 shares
Trimmed
Otis Worldwide Corp (OTIS)
COM · CUSIP 68902V107
0.5%$76m1,055,862
+$17m
+289,183 shares
Added
Intel Corp (INTC)
COM PUT · CUSIP 458140100
0.5%$73m520,000No earlier filingNew
Warner Bros Discovery Inc (WBD)
COM SER A CALL · CUSIP 934423104
0.5%$71m2,679,400
+$33m
+1,278,300 shares
Added
Evergy Inc (EVRG)
COM · CUSIP 30034W106
0.5%$70m811,921
-$8.4m
-147,495 shares
Trimmed
Select Sector SPDR TR
ST STR FINL ETF · CUSIP 81369Y605
0.4%$70m1,300,110No earlier filingNew
Intel Corp (INTC)
COM · CUSIP 458140100
0.4%$69m491,218
+$50m
+61,539 shares
Added
Cerebras Systems Inc (CBRS)
COM CL A · CUSIP 15675D103
0.4%$65m292,273No earlier filingNew
Select Sector SPDR TR
ST STR FINL ETF PUT · CUSIP 81369Y605
0.4%$64m1,200,000No earlier filingNew
Salesforce Inc (CRM)
COM · CUSIP 79466L302
0.4%$64m409,597
+$46m
+313,041 shares
Added
Warner Bros Discovery Inc (WBD)
COM SER A · CUSIP 934423104
0.4%$62m2,305,423
+$20m
+798,272 shares
Added
Entergy Corp New
COM · CUSIP 29364G103
0.4%$58m500,664
-$19m
-176,947 shares
Trimmed
American Elec PWR Co Inc
COM · CUSIP 025537101
0.4%$56m409,847
+$14m
+92,104 shares
Added
Berkshire Hathaway Inc Del
CL B NEW PUT · CUSIP 084670702
0.4%$56m112,000No earlier filingNew
iShares Bitcoin Trust ETF (IBIT)
SHS BEN INT CALL · CUSIP 46438F101
0.4%$56m1,680,000No earlier filingNew
Alliant Energy Corp (LNT)
COM · CUSIP 018802108
0.4%$55m719,184
+$9.7m
+89,527 shares
Added
Bloom Energy Corp (BE)
COM CL A · CUSIP 093712107
0.3%$54m178,264
+$53m
+172,750 shares
Added
Zoom Communications Inc (ZM)
CL A · CUSIP 98980L101
0.3%$54m620,411
+$41m
+466,393 shares
Added
Roundhill ETF Trust
MEMORY ETF PUT · CUSIP 77926X320
0.3%$52m710,000No earlier filingNew
Madison Air Solutions Corp (MAIR)
COM SHS CL A · CUSIP 55658T105
0.3%$52m1,328,988No earlier filingNew
Marvell Technology Inc (MRVL)
COM PUT · CUSIP 573874104
0.3%$51m170,000No earlier filingNew
Oge Energy Corp (OGE)
COM · CUSIP 670837103
0.3%$50m1,034,075
-$12m
-256,004 shares
Trimmed
Abivax SA
SPONSORED ADS CALL · CUSIP 00370M103
0.3%$49m371,000
+$44m
+318,300 shares
Added
Qxo Inc
COM NEW · CUSIP 82846H405
0.3%$49m2,811,792
+$45m
+2,625,855 shares
Added
iShares TR
RUSSELL 2000 ETF PUT · CUSIP 464287655
0.3%$49m161,500
-$97m
-434,000 shares
Trimmed
One Gas Inc (OGS)
COM · CUSIP 68235P108
0.3%$48m627,285
+$26m
+372,573 shares
Added
Nuvalent Inc
COM CALL · CUSIP 670703107
0.3%$45m360,000No earlier filingNew
Mongodb Inc (MDB)
CL A · CUSIP 60937P106
0.3%$44m130,972
+$24m
+49,060 shares
Added
Meta Platforms Inc (META)
CL A CALL · CUSIP 30303M102
0.3%$43m77,000No earlier filingNew
Electronic Arts Inc
COM · CUSIP 285512109
0.3%$42m202,302
+$5.5m
+25,907 shares
Added
Oracle Corp
COM CALL · CUSIP 68389X105
0.3%$41m280,000No earlier filingNew
Credo Technology Group Holdi
ORDINARY SHARES · CUSIP G25457105
0.3%$40m146,428
+$30m
+43,297 shares
Added
Berkshire Hathaway Inc Del
CL B NEW · CUSIP 084670702
0.3%$40m79,544No earlier filingNew
Waste MGMT Inc Del
COM · CUSIP 94106L109
0.3%$39m176,029No earlier filingNew
On HLDG AG
NAMEN AKT A · CUSIP H5919C104
0.2%$38m1,085,247
+$27m
+742,471 shares
Added
Aramark (ARMK)
COM · CUSIP 03852U106
0.2%$38m660,620
+$18m
+169,298 shares
Added
Fermi Inc (FRMI)
COM · CUSIP 314911108
0.2%$37m4,068,302
+$37m
+4,037,542 shares
Added
Roku Inc (ROKU)
COM CL A · CUSIP 77543R102
0.2%$35m251,307
+$34m
+239,583 shares
Added
Akamai Technologies Inc (AKAM)
COM · CUSIP 00971T101
0.2%$34m289,784
+$17m
+142,265 shares
Added
Home Depot Inc (HD)
COM · CUSIP 437076102
0.2%$34m96,664No earlier filingNew
T-mobile US Inc
COM CALL · CUSIP 872590104
0.2%$34m200,000No earlier filingNew
Axalta Coating Sys LTD
COM · CUSIP G0750C108
0.2%$33m972,150
+$8.9m
+94,262 shares
Added
Forgent Power Solutions Inc (FPS)
COM SHS CL A · CUSIP 34631F102
0.2%$33m588,339No earlier filingNew
Hilton Worldwide HLDGS Inc
COM · CUSIP 43300A203
0.2%$33m99,056
+$29m
+87,505 shares
Added
Costco Wholesale Corporation (COST)
COM · CUSIP 22160K105
0.2%$33m34,932
+$12m
+14,193 shares
Added
Spire Inc
COM · CUSIP 84857L101
0.2%$32m406,743
-$2.3m
+30,681 shares
Added
Terawulf Inc (WULF)
COM · CUSIP 88080T104
0.2%$32m1,285,372
+$27m
+964,688 shares
Added
Fortune Brands Innovations I
COM · CUSIP 34964C106
0.2%$32m573,406
-$100k
-236,539 shares
Trimmed
Okta Inc (OKTA)
CL A · CUSIP 679295105
0.2%$31m229,003
+$22m
+107,305 shares
Added
Crh plc
ORD · CUSIP G25508105
0.2%$31m291,431
-$16m
-154,222 shares
Trimmed
Dycom Inds Inc
COM · CUSIP 267475101
0.2%$31m61,002
+$24m
+39,262 shares
Added
CNH Indl N V
SHS · CUSIP N20944109
0.2%$31m2,740,814
+$26m
+2,305,901 shares
Added
Abivax SA
SPONSORED ADS PUT · CUSIP 00370M103
0.2%$30m227,200No earlier filingNew
General MTRS Co
COM · CUSIP 37045V100
0.2%$30m392,382
+$5.2m
+56,019 shares
Added
Gen Digital Inc
COM · CUSIP 668771108
0.2%$30m1,214,426
+$24m
+902,932 shares
Added
Cisco Sys Inc
COM · CUSIP 17275R102
0.2%$30m254,447
+$24m
+182,982 shares
Added
iShares Inc
MSCI STH KOR ETF PUT · CUSIP 464286772
0.2%$29m145,700No earlier filingNew
Canadian Natl Ry Co
COM · CUSIP 136375102
0.2%$29m245,141
+$23m
+181,871 shares
Added
MKS Inc. (MKSI)
COM · CUSIP 55306N104
0.2%$29m65,628
+$15m
+5,530 shares
Added
Fox Corp
CL B COM · CUSIP 35137L204
0.2%$29m613,489
+$11m
+283,836 shares
Added
Terawulf Inc (WULF)
COM CALL · CUSIP 88080T104
0.2%$28m1,150,000No earlier filingNew
Oracle Corp
COM · CUSIP 68389X105
0.2%$27m185,787
+$4.3m
+29,853 shares
Added
Block Inc
CL A · CUSIP 852234103
0.2%$27m353,554No earlier filingNew
Ollies Bargain Outlet HLDGS
COM · CUSIP 681116109
0.2%$27m346,871No earlier filingNew
Liftoff Mobile Inc (LFTO)
COM · CUSIP 53229X101
0.2%$27m1,109,624No earlier filingNew
Baidu Inc
SPON ADR REP A CALL · CUSIP 056752108
0.2%$27m232,000No earlier filingNew
Stmicroelectronics N V
NY REGISTRY · CUSIP 861012102
0.2%$26m349,653
+$13m
-42,527 shares
Trimmed
Cardinal Health Inc (CAH)
COM · CUSIP 14149Y108
0.2%$26m109,783No earlier filingNew
Fermi Inc (FRMI)
COM CALL · CUSIP 314911108
0.2%$26m2,850,000No earlier filingNew
Aptiv PLC (APTV)
COM SHS · CUSIP G3265R107
0.2%$26m424,252
+$7.0m
+149,870 shares
Added
Semtech Corp (SMTC)
COM · CUSIP 816850101
0.2%$26m160,691
+$13m
-12,339 shares
Trimmed
Etsy Inc (ETSY)
COM · CUSIP 29786A106
0.2%$26m342,913
+$23m
+284,069 shares
Added
Saia Inc (SAIA)
COM · CUSIP 78709Y105
0.2%$25m59,458
+$5.0m
+2,363 shares
Added
Vanguard Scottsdale FDS
INT-TERM CORP · CUSIP 92206C870
0.2%$25m302,920No earlier filingNew
Versigent PLC (VGNT)
ORDINARY SHARES · CUSIP G9600F104
0.2%$25m589,749No earlier filingNew
SanDisk Corp (SNDK)
COM · CUSIP 80004C200
0.2%$25m10,892
-$21m
-61,634 shares
Trimmed
Guardant Health Inc (GH)
COM · CUSIP 40131M109
0.2%$25m164,518
+$11m
+11,820 shares
Added
Cloudflare Inc (NET)
CL A COM · CUSIP 18915M107
0.2%$25m100,016No earlier filingNew

Every filing on file

QuarterPeriod endFiledBookPositionsTop 10Filing
Q2 202630 Jun 202614 Aug 2026$15.5bn1,51031%13F-HR
Q1 202631 Mar 202614 May 2026$12.4bn1,45436%13F-HR
Q4 202531 Dec 202517 Feb 2026$12.7bn1,47330%13F-HR
Q3 202530 Sept 202514 Nov 2025$9.8bn1,46625%13F-HR
Q2 202530 Jun 202513 Aug 2025$11.4bn1,40625%13F-HR
Q1 202531 Mar 202514 May 2025$10.1bn1,38926%13F-HR
Q4 202431 Dec 202412 Feb 2025$14.6bn1,43734%13F-HR
Q3 202430 Sept 202412 Nov 2024$16.4bn1,56837%13F-HR

Taking this into the room

Pick one name from the top of the book and one from the new positions, and know both properly: what the company earns, what it is priced at, and what has to be true for the position to work. That is a conversation. Reciting the whole table is not, and the interviewer wrote it.

A position sold out of is worth as much preparation as one opened. Ask what changed rather than asserting the fund was wrong, and be ready for the answer that the thesis played out and the money went somewhere better.

Compare this against every other manager →How a hedge fund interview runs →

What this filing leaves out

A 13F covers US-listed long equity at one moment in time. Shorts, bonds, cash, private positions and non-US listings never appear, and options are reported in a form that will mislead you if you read them as a position. A long/short manager showing $8bn here may run a book several times that size.

The lag matters too. Positions are as at the quarter end and the filing arrives up to forty-five days later, so what you are reading is at least six weeks old and possibly four months. Phrase it as what the filing showed, not what the fund holds today.

Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More