Insights from the Fourth Quarter 2024 13F Filing

Paul Tudor Jones (Trades, Portfolio) recently submitted the 13F filing for the fourth quarter of 2024, providing insights into his investment moves during this period. Paul Tudor Jones (Trades, Portfolio) II, founder and chief investment officer of Boston-based Tudor Investment Group, is one of the pioneers of the modern-day hedge fund industry. Jones began his career in the cotton pits before forming the firm in 1980. The guru was eager to create a firm differentiated by a steadfast dedication to client objectives and guided by strong ethics and values. While Tudor Investment is best known for its rich history in discretionary macro trading, the firm also has significant experience and capabilities in model-driven and systematic investment approaches. Management believes that firms must continually innovate in order to compete in rapidly evolving markets and thus, commits significant resources to research and development across a variety of strategies in order to expand the firm's edge. Ultimately, Tudor seeks to generate consistent returns for both client and proprietary capital through the use of best-in-class research, trading, and investment techniques.

Summary of New Buy

Paul Tudor Jones (Trades, Portfolio) added a total of 470 stocks, among them:

• The most significant addition was Frontier Communications Parent Inc (FYBR, Financial), with 3,301,283 shares, accounting for 0.44% of the portfolio and a total value of $114.55 million.
• The second largest addition to the portfolio was Lockheed Martin Corp (LMT, Financial), consisting of 120,166 shares, representing approximately 0.22% of the portfolio, with a total value of $58.39 million.
• The third largest addition was Intel Corp (INTC, Financial), with 2,657,614 shares, accounting for 0.2% of the portfolio and a total value of $53.29 million.

Key Position Increases

Paul Tudor Jones (Trades, Portfolio) also increased stakes in a total of 460 stocks, among them:

• The most notable increase was ISHARES BITCOIN TR (IBIT, Financial), with an additional 3,620,322 shares, bringing the total to 8,048,552 shares. This adjustment represents a significant 81.76% increase in share count, a 0.73% impact on the current portfolio, with a total value of $426.98 million.
• The second largest increase was iShares Core S&P 500 ETF (IVV, Financial), with an additional 232,122 shares, bringing the total to 261,516. This adjustment represents a significant 789.69% increase in share count, with a total value of $153.95 million.

Summary of Sold Out

Paul Tudor Jones (Trades, Portfolio) completely exited 498 holdings in the fourth quarter of 2024, as detailed below:

• $Bank of America Corp(BAC-N)$ (BAC, Financial): Paul Tudor Jones (Trades, Portfolio) sold all 1,453,268 shares, resulting in a -0.21% impact on the portfolio.
• Qualcomm Inc (QCOM, Financial): Paul Tudor Jones (Trades, Portfolio) liquidated all 283,618 shares, causing a -0.18% impact on the portfolio.

Key Position Reduces

Paul Tudor Jones (Trades, Portfolio) also reduced positions in 507 stocks. The most significant changes include:

• Reduced SPDR S&P 500 ETF Trust (SPY, Financial) by 176,417 shares, resulting in a -48.58% decrease in shares and a -0.37% impact on the portfolio. The stock traded at an average price of $589.49 during the quarter and has returned 3.13% over the past 3 months and 4.06% year-to-date.
• Reduced NVIDIA Corp (NVDA, Financial) by 501,735 shares, resulting in a -36.66% reduction in shares and a -0.22% impact on the portfolio. The stock traded at an average price of $138.16 during the quarter and has returned -5.19% over the past 3 months and 3.61% year-to-date.

Portfolio Overview

At the fourth quarter of 2024, Paul Tudor Jones (Trades, Portfolio)'s portfolio included 2,942 stocks, with top holdings including 1.63% in ISHARES BITCOIN TR (IBIT, Financial), 0.74% in The Energy Select Sector SPDR Fund (XLE, Financial), 0.59% in iShares Core S&P 500 ETF (IVV, Financial), 0.58% in iShares Russell 2000 ETF (IWM, Financial), and 0.54% in Kellanova (K, Financial).

The holdings are mainly concentrated in all 11 industries: Technology, Financial Services, Industrials, Consumer Cyclical, Healthcare, Communication Services, Consumer Defensive, Real Estate, Energy, Basic Materials, and Utilities.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.