Readystate Asset Management LP
Readystate Asset Management LP is a Delaware limited partnership founded in 2021 and headquartered in Chicago, IL. It is a unified, multi-strategy investment firm with approximately 34 employees (as of early 2025). The firm applies research from various disciplines to invest across the full spectrum of financial assets, serving primarily institutional clients through pooled investment vehicles. The team has extensive multi-asset class experience and is focused on delivering differentiated investment solutions through innovative research and cross-asset expertise.
Investment Strategy
Readystate Asset Management employs a multi-strategy investment approach, grounded in a deep understanding of the interrelationship between credit, equity, and volatility. The firm utilizes a research-driven process incorporating insights from multiple disciplines to invest across all major financial asset classes. Their process emphasizes analyzing the full distribution of underlying asset values and the evolution of firm liabilities, supported by a highly integrated, multidisciplinary team. The firm’s core philosophy is driven by intentionality and integration, seeking to build competitive advantage through collaborative culture and adaptive research.
Top Holdings
Equity Positions (506)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HYG | ISHARES TR | 2.39% | $78.1M | 967,815 | $78.89 | $80.65 | +$339.4K |
H HSY | HERSHEY CO | 2.24% | $73.0M | 440,026 | $165.95 | $165.95 | +$73.0M |
E EXAS | EXACT SCIENCES CORP | 1.46% | $47.8M | 900,231 | $53.07 | $53.14 | +$47.6M |
B BPMC | BLUEPRINT MEDICINES CORP | 1.29% | $42.3M | 329,831 | $128.18 | $128.18 | +$42.3M |
J JNPR | JUNIPER NETWORKS INC | 1.08% | $35.4M | 886,966 | $39.93 | $39.93 | +$35.4M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
I IWM | ISHARES TR | New | Call | $361.4M | 16,748 | $215.79 | $215.79 | +16,748 | +$361.4M |
T TLT | ISHARES TR | Sold | Call | $264.8M | 30,000 | $88.25 | $90.57 | -1,600 | -$22.9M |
I IWM | ISHARES TR | New | Put | $178.4M | 8,267 | $215.79 | $215.79 | +8,267 | +$178.4M |
B BA | BOEING CO | Bought | Put | $29.3M | 1,400 | $209.53 | $204.35 | +1,214 | +$26.2M |
K KVUE | KENVUE INC | New | Call | $10.5M | 5,000 | $20.93 | $20.93 | +5,000 | +$10.5M |