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An overview of Balyasny Asset Management’s 3Q14 positions

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Balyasny Asset Management’s 3Q14 positions

Balyasny Asset Management L.P. (or BAM) was founded in 2001. It’s based in Chicago. It’s an institutional investment firm that’s dedicated to delivering consistent, uncorrelated absolute returns in all market environments. It invests in public equity and hedging markets across the globe. The firm employs a combination of technical analysis, fundamental analysis, and cyclical analysis to create its portfolios.

BAM’s 3Q14 portfolio was worth $12.9 billion—up from $8.8 billion in 2Q14.

In this series, we’ll review some of the top positions the fund added to during 3Q14. We’ll also look at the top positions that BAM bought during 3Q14.

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BAM added new positions in Occidental Petroleum Corp. (OXY), Norfolk Southern Corp. (NSC), and Pioneer Natural Resources Co. (PXD). The company sold positions in Chicago Bridge & Iron Co. N.V. (CBI), Newfield Exploration Co. (NFX), and Encana Corp. (ECA). BAM added to its positions in Canadian Natural Resources (CNQ), Baker Hughes Inc. (BHI), and Dollar Tree Inc. (DLTR). BAM lowered its positions in Starwood Hotels and Resorts (HOT).

The following chart lists BAM’s top ten holdings.

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