Cubist Systematic Strategies, LLC
Cubist Systematic Strategies, LLC is a quantitative hedge fund based in Stamford, Connecticut and New York, NY. It operates as a subsidiary of Point72 Asset Management and specializes in systematic trading using quantitative models. The firm was founded in 2013 as the systematic investing arm of Point72, employing a team of quantitative researchers, data scientists, engineers, and traders, with an estimated employee count of roughly 200. Cubist serves institutional and accredited investors seeking alternative strategies.
Investment Strategy
Cubist Systematic Strategies, LLC utilizes quantitative and systematic trading methodologies, deploying advanced mathematical models and machine learning algorithms to identify opportunities across global markets. The fund trades a broad spectrum of liquid instruments, including equities and derivatives, and emphasizes data-driven decision-making with strong risk management, portfolio diversification, and rapid portfolio turnover. Their approach is research-intensive, relying on alternative datasets and proprietary technology for strategy research, implementation, and execution.
Top Holdings
Equity Positions (1,414)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A ADBE | ADOBE INC | 0.55% | $119.8M | 309,642 | $433.79 | $386.88 | +$43.0M |
M MA | MASTERCARD INCORPORATED | 0.44% | $96.6M | 171,877 | $561.94 | $561.94 | +$96.6M |
S SCHW | SCHWAB CHARLES CORP | 0.42% | $91.3M | 1,000,732 | $91.24 | $91.24 | +$91.3M |
A ABNB | AIRBNB INC | 0.42% | $90.5M | 683,831 | $132.34 | $132.34 | +$90.5M |
A ABBV | ABBVIE INC | 0.41% | $88.8M | 478,201 | $185.62 | $185.62 | +$88.8M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
N NFLX | NETFLIX INC | Bought | Call | $123.2M | 920 | $1339.13 | $777.09 | +208 | +$56.8M |
G GLD | SPDR GOLD TR | Sold | Put | $111.0M | 3,640 | $304.83 | $256.67 | -98 | +$3.3M |
P PLTR | PALANTIR TECHNOLOGIES INC | Sold | Call | $105.1M | 7,711 | $136.32 | $35.61 | -1,810 | +$24.8M |
O ORCL | ORACLE CORP | Bought | Call | $93.8M | 4,291 | $218.63 | $177.19 | +1,407 | +$53.5M |
B BABA | ALIBABA GROUP HLDG LTD | Bought | Call | $92.3M | 8,143 | $113.41 | $94.48 | +2,979 | +$24.1M |