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.
Latest 13F Filing Activity
Readystate Asset Management LP filed their most recent 13F report on Jun 30, 2025 disclosing 506 equity positions and 10 options positions with a total 13F market value of $3B. The fund increased holdings in Hershey Co., Exact Sciences Corp., Blueprint Medicines Corp. among other positions. Readystate Asset Management LP reduced exposure to Intra-cellular Therapies Inc., Kellanova, Frontier Communications Pare among others.
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 |
Industry Allocation
Investment Team (9)
| Name | Role | Location | |
|---|---|---|---|
A Aurko Joshi | Senior Investment Analyst | United States | |
J James McFarland | Trader | Chicago, IL , United States | |
 | Principal | United States | |
 | Portfolio Manager | Chicago, IL , United States | |
 | Analyst | Chicago, IL , United States | |
 | Portfolio Manager, Rates | New York, NY , United States | |
A Alexander Rupert | Senior Analyst | United States | |
A Alex Khalsa | Portfolio Manager | Chicago, IL , United States | |
 | Investment Analyst | Chicago, IL , United States |