Caxton Associates: 13F holdings, Q4 2024
Macro / discretionary · SEC EDGAR filings (CIK 0000872573) · Explore on the interactive board
Caxton Associates disclosed 475 US equity positions worth $3.1bn in its Q4 2024 13F filing (holdings as of December 31, 2024, filed February 14, 2025). Its largest position is TSLA at 27.1% of the reported book, followed by AMZN, AMD. The top ten holdings are 63.8% of the book, and the portfolio behaves like about 9 equal-weight positions. Versus the prior filing it opened 199 new positions, added to 96, reduced 149 and exited 25. Note: this manager's most recent filing is 6 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Caxton Associates own? Top holdings as of December 31, 2024
Change is measured in shares against the previous filing (Q3 2024), so price moves do not read as decisions. This quarter: 199 new, 96 added, 149 reduced, 25 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | TSLA TESLA INC | Consumer Cyclical | 27.1% | $850.9m | 2,107,000 | 19% | added |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 16.9% | $532.1m | 2,425,184 | 58% | added |
| 3 | AMD ADVANCED MICRO DEVICES INC | Technology | 4.2% | $132.9m | 1,100,038 | 22% | added |
| 4 | ADBE ADOBE INC | Technology | 3.7% | $115.7m | 260,249 | -1% | reduced |
| 5 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 2.5% | $79.9m | 266,049 | 122% | added |
| 6 | CNC CENTENE CORP DEL | Healthcare | 2.1% | $66.7m | 1,101,163 | – | new |
| 7 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 2.0% | $62.6m | 701,105 | 0% | held |
| 8 | NFLX NETFLIX INC | Communication Services | 1.9% | $58.5m | 65,608 | 307% | added |
| 9 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.7% | $54.4m | 120,000 | – | new | |
| 10 | NVDA NVIDIA CORPORATION | Technology | 1.7% | $52.7m | 392,672 | 101% | added |
| 11 | ISRG INTUITIVE SURGICAL INC | Healthcare | 1.7% | $52.2m | 100,000 | – | new |
| 12 | Z ZILLOW GROUP INC | Communication Services | 1.6% | $51.8m | 700,000 | – | new |
| 13 | AKX ANSYS INC | 1.3% | $40.5m | 120,000 | – | new | |
| 14 | TECK TECK RESOURCES LTD | Basic Materials | 1.3% | $40.2m | 991,507 | 0% | held |
| 15 | DISCOVER FINL SVCS | 1.2% | $38.0m | 219,236 | – | new | |
| 16 | HASHICORP INC | 1.2% | $37.2m | 1,086,285 | 285% | added | |
| 17 | PYPL PAYPAL HLDGS INC | Financial Services | 1.1% | $34.1m | 400,000 | -38% | reduced |
| 18 | WDAY WORKDAY INC | Technology | 1.0% | $32.3m | 125,000 | 127% | added |
| 19 | MNST MONSTER BEVERAGE CORP NEW | Consumer Defensive | 1.0% | $31.6m | 602,143 | – | new |
| 20 | HES HESS CORP | 1.0% | $31.4m | 236,199 | -9% | reduced | |
| 21 | DXCM DEXCOM INC | Healthcare | 0.7% | $23.3m | 300,000 | – | new |
| 22 | KEL KELLANOVA | 0.7% | $20.9m | 257,561 | 4% | added | |
| 23 | ADSK AUTODESK INC | Technology | 0.6% | $19.8m | 67,032 | 10% | added |
| 24 | ANET ARISTA NETWORKS INC | Technology | 0.6% | $19.0m | 171,463 | – | new |
| 25 | CME CME GROUP INC | Financial Services | 0.5% | $15.4m | 66,293 | 0% | held |
| 26 | SNNRF SUNRISE COMMUNICATIONS AG | 0.5% | $15.3m | 356,087 | – | new | |
| 27 | UAL UNITED AIRLS HLDGS INC | Industrials | 0.5% | $14.3m | 147,157 | – | new |
| 28 | QRVO QORVO INC | Technology | 0.4% | $14.0m | 200,055 | – | new |
| 29 | MSFT MICROSOFT CORP | Technology | 0.4% | $13.8m | 32,810 | -44% | reduced |
| 30 | FANG DIAMONDBACK ENERGY INC | Energy | 0.4% | $13.8m | 83,956 | 41% | added |
| 31 | FSLR FIRST SOLAR INC | Technology | 0.4% | $12.3m | 70,000 | 2700% | added |
| 32 | WMB WILLIAMS COS INC | Energy | 0.4% | $11.6m | 214,331 | – | new |
| 33 | RBLX ROBLOX CORP | Communication Services | 0.4% | $11.6m | 200,000 | 0% | held |
| 34 | ACI ALBERTSONS COS INC | Consumer Defensive | 0.4% | $11.2m | 569,111 | -12% | reduced |
| 35 | ETR ENTERGY CORP NEW | Utilities | 0.3% | $10.9m | 143,398 | – | new |
| 36 | KMI KINDER MORGAN INC DEL | Energy | 0.3% | $10.3m | 374,906 | – | new |
| 37 | MPC MARATHON PETE CORP | Energy | 0.3% | $9.8m | 70,535 | – | new |
| 38 | HAL HALLIBURTON CO | Energy | 0.3% | $8.9m | 328,102 | – | new |
| 39 | CHAMPIONX CORPORATION | 0.3% | $8.2m | 301,207 | – | new | |
| 40 | LBRT LIBERTY ENERGY INC | Energy | 0.2% | $7.6m | 380,589 | – | new |
| 41 | EXE EXPAND ENERGY CORPORATION | Energy | 0.2% | $7.3m | 73,038 | 618% | added |
| 42 | VST VISTRA CORP | Utilities | 0.2% | $6.8m | 49,239 | 17% | added |
| 43 | NRG NRG ENERGY INC | Utilities | 0.2% | $5.6m | 61,768 | 1190% | added |
| 44 | USX1 UNITED STATES STL CORP NEW | 0.2% | $5.0m | 146,801 | -12% | reduced | |
| 45 | TMUS T-MOBILE US INC | Communication Services | 0.2% | $5.0m | 22,553 | – | new |
| 46 | GPOR GULFPORT ENERGY CORP | Energy | 0.2% | $4.8m | 25,973 | 880% | added |
| 47 | EXMOC EXXON MOBIL CORP | 0.1% | $4.7m | 43,524 | -39% | reduced | |
| 48 | GDDY GODADDY INC | Technology | 0.1% | $4.5m | 22,602 | -10% | reduced |
| 49 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 0.1% | $4.3m | 17,404 | 160% | added |
| 50 | RRC RANGE RES CORP | Energy | 0.1% | $4.2m | 117,570 | -2% | reduced |
What did Caxton Associates sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| CATALENT INC | 8.9% | $31.8m |
| ANET ARISTA NETWORKS INC | 4.6% | $16.4m |
| SOUTHWESTERN ENERGY CO | 3.0% | $10.6m |
| BABA ALIBABA GROUP HLDG LTD | 3.0% | $10.6m |
| STERICYCLE INC | 2.8% | $10.0m |
| KWEB KRANESHARES TRUST | 2.7% | $9.7m |
| TRGP TARGA RES CORP | 2.7% | $9.6m |
| EMN EASTMAN CHEM CO | 2.6% | $9.4m |
| OXY OCCIDENTAL PETE CORP | 2.4% | $8.7m |
| OKE ONEOK INC NEW | 2.2% | $7.8m |
| NEM NEWMONT CORP | 2.1% | $7.5m |
| ADI ANALOG DEVICES INC | 2.0% | $7.0m |
| SU SUNCOR ENERGY INC NEW | 1.9% | $6.8m |
| GU9 GUESS INC | 1.2% | $4.2m |
| LNC LINCOLN NATL CORP IND | 1.0% | $3.4m |
| LLY ELI LILLY & CO | 0.9% | $3.3m |
| COLL COLLEGIUM PHARMACEUTICAL INC | 0.9% | $3.1m |
| ZETA ZETA GLOBAL HOLDINGS CORP | 0.9% | $3.0m |
| SBRA SABRA HEALTH CARE REIT INC | 0.8% | $2.8m |
| GAP GAP INC | 0.8% | $2.8m |
| OHI OMEGA HEALTHCARE INVS INC | 0.8% | $2.7m |
| KSS KOHLS CORP | 0.8% | $2.7m |
| OZK BANK OZK LITTLE ROCK ARK | 0.8% | $2.7m |
| PATTERSON COS INC | 0.7% | $2.6m |
| VTRS VIATRIS INC | 0.7% | $2.6m |
Sector mix
| Sector | Weight |
|---|---|
| Consumer Cyclical | 46.3% |
| Technology | 18.0% |
| Healthcare | 7.4% |
| Communication Services | 5.1% |
| Financial Services | 3.6% |
| Energy | 3.1% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
| Quarter | Positions | Equity value |
|---|---|---|
| Q4 2024 | 475 | $3.1bn |
| Q3 2024 | 510 | $2.2bn |
| Q2 2024 | 463 | $2.6bn |
| Q1 2024 | 445 | $1.5bn |
| Q4 2023 | 452 | $1.9bn |
| Q3 2023 | 387 | $713.4m |
| Q2 2023 | 472 | $676.1m |
| Q1 2023 | 474 | $629.7m |
| Q4 2022 | 412 | $1.4bn |
| Q3 2022 | 449 | $582.1m |
| Q2 2022 | 526 | $798.5m |
| Q1 2022 | 464 | $1.0bn |
| Q4 2021 | 515 | $786.6m |
| Q3 2021 | 409 | $710.4m |
| Q2 2021 | 434 | $768.3m |
| Q1 2021 | 387 | $1.0bn |
Earliest filing: Q1 1999 · 104 quarters on file
How concentrated is Caxton Associates's portfolio?
Across every quarter Caxton Associates has filed, its median largest position is 6.5% of the book and its median top-ten weight is 30.1%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 20631 completed holding spells, the median lasted 2.0 quarters; 475 positions are still open and their final length is unknown.