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Asset Manager ← All Institutions

FARALLON CAPITAL MANAGEMENT LLC

Q3 2025 · Filed 2026-02-17
Market Value
$17.6B
-19.3%
Holdings
154
+5
New Purchases
20
Added To
34
Closed
22
Reduced
32
Top 10 Concentration
40.9%
Turnover
27.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 5.62% 3.98% +1.64% $991M
HIMS 3.46% 1.88% +1.58% $610M
RVMD 3.88% 2.41% +1.46% $683M
UNH 3.70% 2.31% +1.39% $651M
AON 4.61% 3.25% +1.36% $812M
EXEL 4.57% 3.24% +1.33% $805M
ETHA 1.33% 0.00% +1.33% $235M
AMZN 4.37% 3.05% +1.32% $770M
WAB 2.51% 1.25% +1.25% $442M
K 1.84% 0.64% +1.19% $323M
NSC 1.05% 0.00% +1.05% $185M
TMO 3.46% 2.57% +0.89% $610M
LQDA 1.11% 0.24% +0.86% $195M
BBIO 2.41% 1.56% +0.85% $425M
PTGX 2.34% 1.56% +0.77% $412M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 0.00% 15.57% -15.57% $0
HES 0.00% 3.68% -3.68% $0
LBRDK 0.00% 1.93% -1.93% $0
IQV 1.01% 2.78% -1.77% $178M
ANSS 0.00% 1.60% -1.60% $0
LNTH 1.01% 2.52% -1.51% $178M
VRNA 0.00% 0.78% -0.78% $0
AZEK 0.00% 0.78% -0.78% $0
ARMK 1.96% 2.47% -0.51% $345M
CHX 0.00% 0.48% -0.48% $0
GEHC 0.00% 0.45% -0.45% $225K
AMED 0.00% 0.26% -0.26% $0
VERV 0.00% 0.19% -0.19% $0
HQY 0.00% 0.15% -0.15% $474K
RARE 0.00% 0.15% -0.15% $211K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 7 $3.0B 17.1%
Large Cap 52 $11.1B 63.2%
Mid Cap 53 $2.8B 16.1%
Small Cap 33 $640M 3.6%
Micro Cap 9 $2M 0.0%

Portfolio Analytics

Avg Market Cap
$101.6B
Median Market Cap
$6.1B
Avg P/E
32.5
Median P/E
26.0
Avg Dividend Yield
0.00%
Avg Beta
1.07
# Stocks
149
# ETFs / Funds
5

Top Holdings (154 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 5.62% 1,913,135 $991M $517.95 $122M +165,300 +9.5%
2 AON 4.61% 2,278,017 $812M $356.58 $104M +291,600 +14.7%
3 EXEL 4.57% 19,501,500 $805M $41.30 $99M +3,466,000 +21.6%
4 AMZN 4.37% 3,505,700 $770M $219.57 $104M +471,100 +15.5%
5 NTRA 3.89% 4,253,452 $685M $160.97 -$130M -568,357 -11.8%
6 RVMD 3.88% 14,625,692 $683M $46.70 $156M +300,000 +2.1%
7 UNH 3.70% 1,886,500 $651M $345.30 $147M +269,200 +16.6%
8 TMO 3.46% 1,258,241 $610M $485.02 $49M -125,000 -9.0%
9 HIMS 3.46% 10,746,852 $610M $56.72 $200M +2,533,271 +30.8%
10 DIS 3.38% 5,198,968 $595M $114.50 -$9M +324,700 +6.7%
11 CRM 3.31% 2,462,310 $584M $237.00 $8M +353,200 +16.8%
12 ADSK 3.00% 1,662,852 $528M $317.67 -$12M -81,800 -4.7%
13 BSX 2.63% 4,746,557 $463M $97.63 $36M +765,500 +19.2%
14 IBIT 2.58% 6,992,700 $455M $65.00 $25M -27,350 -0.4%
15 WAB 2.51% 2,205,098 $442M $200.47 $168M +896,900 +68.6%
16 BBIO 2.41% 8,192,000 $425M $51.94 $84M +292,000 +3.7%
17 PTGX 2.34% 6,196,006 $412M $66.43 $70M +24,000 +0.4%
18 TRU 2.25% 4,732,075 $396M $83.78 -$79M -672,500 -12.4%
19 ARMK 1.96% 8,996,202 $345M $38.40 -$195M -3,903,499 -30.3%
20 INTU 1.89% 488,088 $333M $682.91 -$89M -48,570 -9.1%
21 K 1.84% 3,943,853 $323M $82.02 $183M +2,180,721 +123.7%
22 NDAQ 1.82% 3,623,043 $320M $88.45 -$45M -460,700 -11.3%
23 ADI 1.81% 1,299,500 $319M $245.70 $16M +27,300 +2.1%
24 SCHW 1.76% 3,251,657 $310M $95.47 -$51M -707,400 -17.9%
25 NYT 1.62% 4,985,745 $286M $57.40 -$28M -623,801 -11.1%
26 GOOG 1.55% 1,120,940 $273M $243.55 -$40M -640,900 -36.4%
27 CBRE 1.45% 1,616,038 $255M $157.56 -$41M -497,100 -23.5%
28 MCK 1.43% 327,100 $253M $772.54 $22M +12,500 +4.0%
29 BEAM 1.39% 10,063,111 $244M $24.27 $74M +50,000 +0.5%
30 CRNX 1.36% 5,770,098 $240M $41.65 $107M +1,124,000 +24.2%
31 ETHA 1.33% 7,450,730 $235M $31.51 +7,450,730 NEW
32 AGIO 1.32% 5,781,066 $232M $40.14 $40M +13,600 +0.2%
33 V 1.16% 599,810 $205M $341.38 $95M +291,000 +94.2%
34 LQDA 1.11% 8,565,638 $195M $22.74 $142M +4,326,876 +102.1%
35 NSC 1.05% 615,000 $185M $300.41 +615,000 NEW
36 LNTH 1.01% 3,477,227 $178M $51.29 -$372M -3,245,000 -48.3%
37 IQV 1.01% 938,551 $178M $189.94 -$429M -2,912,800 -75.6%
38 WWD 0.89% 621,973 $157M $252.71 -$67M -292,700 -32.0%
39 MA 0.69% 213,771 $122M $568.81 $36M +61,700 +40.6%
40 CNTA 0.60% 4,331,318 $105M $24.25 $46M -198,000 -4.4%
41 TEVA 0.57% 4,997,000 $101M $20.20 +4,997,000 NEW
42 TNGX 0.51% 10,757,000 $90M $8.40 $43M +1,600,000 +17.5%
43 BBNX 0.49% 4,313,920 $86M $19.87 $25M +110,000 +2.6%
44 THC 0.48% 414,000 $84M $203.04 -$9M -115,000 -21.7%
45 GRAL 0.45% 1,349,000 $80M $59.13 $54M +847,000 +168.7%
46 EHC 0.41% 571,000 $73M $127.02 -$14M -137,000 -19.4%
47 OSCR 0.39% 3,639,000 $69M $18.93 $37M +2,163,000 +146.5%
48 ABVX 0.39% 805,000 $68M $84.90 +805,000 NEW
49 MARA 0.38% 3,660,000 $67M $18.26 $54M +2,825,000 +338.3%
50 MLYS 0.36% 1,673,053 $63M $37.92 +1,673,053 NEW
51 VNET 0.32% 5,489,120 $57M $10.33 $36M +2,495,000 +83.3%
52 CDTX 0.28% 508,000 $49M $95.76 $39M +308,000 +154.0%
53 GDLC 0.27% 851,193 $48M $55.90 +851,193 NEW
54 COOP 0.27% 222,000 $47M $210.79 $29M +99,500 +81.2%
55 NKTR 0.26% 791,000 $45M $56.90 +791,000 NEW
56 CAH 0.23% 253,000 $40M $156.96 -$37M -201,000 -44.3%
57 JOYY 0.21% 625,000 $37M $58.61 -$3M -162,906 -20.7%
58 QURE 0.19% 565,000 $33M $58.37 $33M +551,000 +3935.7%
59 EDU 0.17% 565,150 $30M $53.07 -$32M -590,000 -51.1%
60 WAY 0.16% 750,000 $28M $37.92 $3M +137,000 +22.4%
61 BIDU 0.16% 207,996 $27M $131.77 +207,996 NEW
62 DOCS 0.16% 374,000 $27M $73.15 +374,000 NEW
63 PRME 0.15% 4,750,000 $26M $5.54 $24M +4,000,000 +533.3%
64 ENTA 0.14% 2,122,262 $25M $11.97 $9M
65 SGRY 0.11% 871,830 $19M $21.64 -$24M -1,054,170 -54.7%
66 TYRA 0.09% 1,143,818 $16M $13.99 $5M
67 NTLA 0.06% 607,200 $10M $17.27 +607,200 NEW
68 TECX 0.06% 640,000 $10M $15.69 -$7M -213,050 -25.0%
69 SVRA 0.05% 2,500,000 $9M $3.57 -$7M -4,335,000 -63.4%
70 NVAX 0.04% 780,000 $7M $8.67 $7M +764,000 +4775.0%
71 SDGR 0.03% 284,000 $6M $20.06 -$17M -822,000 -74.3%
72 SOXX 0.03% 18,907 $5M $271.12 +18,907 NEW
73 ALE 0.03% 75,000 $5M $66.40 +75,000 NEW
74 TVRD 0.01% 43,225 $2M $38.97 $676K
75 ALVO 0.01% 199,675 $2M $8.19 -$186K
76 MDGL 0.01% 3,319 $2M $458.66 $518K
77 SMC 0.01% 58,214 $1M $20.54 -$232K
78 BTSG —% 22,000 $650K $29.56 $131K
79 ALKS —% 20,800 $624K $30.00 -$19M -670,863 -97.0%
80 ROIV —% 37,000 $560K $15.13 $143K
81 ARWR —% 15,800 $545K $34.49 $295K
82 WGS —% 5,000 $539K $107.74 -$30M -321,677 -98.5%
83 GH —% 8,000 $500K $62.48 $84K
84 ARQT —% 26,000 $490K $18.85 $126K
85 AXSM —% 4,000 $486K $121.45 $68K
86 HQY —% 5,000 $474K $94.77 -$33M -314,800 -98.4%
87 INSM —% 3,000 $432K $144.01 $130K
88 PGNY —% 18,000 $387K $21.52 -$9K
89 ONC —% 1,100 $375K $340.70 $108K
90 KRYS —% 2,000 $353K $176.53 $78K
91 ACLX —% 4,000 $328K $82.10 $65K
92 CGON —% 8,000 $322K $40.28 $114K
93 LIVN —% 6,000 $314K $52.38 $44K
94 IONS —% 4,800 $314K $65.42 +4,800 NEW
95 ABC —% 1,000 $313K $312.53 $13K
96 CAPR —% 41,000 $296K $7.21 -$112K
97 TVTX —% 12,000 $287K $23.90 $109K
98 MRUS —% 3,000 $282K $94.15 +3,000 NEW
99 GRFS —% 28,000 $279K $9.96 $26K
100 SBRA —% 14,000 $261K $18.64 $3K

Options Breakdown

0 Calls $0 Call Value 5 Puts $6.7B Put Value

Top Puts

SymbolSharesValueStatus
HYG 39,000,000 $3.2B
SPY 3,400,000 $2.3B NEW
RSP 5,100,000 $967M
LLY 375,000 $286M NEW
ALNY 100,000 $46M NEW

New Positions

SymbolValue% Port
ETHA $235M 1.33%
NSC $185M 1.05%
TEVA $101M 0.57%
ABVX $68M 0.39%
MLYS $63M 0.36%
GDLC $48M 0.27%
NKTR $45M 0.26%
BIDU $27M 0.16%
DOCS $27M 0.16%
NTLA $10M 0.06%
SOXX $5M 0.03%
ALE $5M 0.03%
IONS $314K —%
MRUS $282K —%
VCYT $240K —%

Sold Out Positions

SymbolValue% Port
ABT —%
LTM —%
YMM —%
JANX —%
LBRDK —%
LBRDA —%
UTHR —%
SPY —%
VYGR —%
BRKRP —%
HES —%
AKRO —%
SAGE —%
VIAC —%
AMED —%
View SEC EDGAR Filings for FARALLON CAPITAL MANAGEMENT LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms