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READYSTATE ASSET MANAGEMENT LP

Hedge FundMulti-Strategy

READYSTATE ASSET MANAGEMENT LP is a Multi-Strategy Hedge Fund based in Chicago, IL led by David Barnett Grossman, reporting $6.5B in AUM as of Q3 2025 with LQD as the largest holding (6% allocation).

Managing PartnerDavid Barnett Grossman
Portfolio Value
$1.0B
Positions
259
Top Holding
LQD at 6.1%
Last Reported
Q3 2025
Address360 North Green Street, Suite 1400, Chicago, IL, 60607, United States

Top Holdings

Largest long holdings in READYSTATE ASSET MANAGEMENT LP's portfolio (34% of total portfolio)

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HoldingSectorPositionWeightTradedOwnership
ETF
ETF
$61.1M
6.10%
+$40.5M
Bought
548.4K shares
Software - Infrastructure
Technology
$54.5M
5.44%
+$54.5M
New
0.22%
112.8K shares
Medical - Diagnostics & Research
Healthcare
$47.6M
4.75%
-$1.7M
Sold
0.46%
869.9K shares
Software - Application
Technology
$32.0M
3.19%
+$32.0M
New
0.66%
371.2K shares
5
VRNA
Unknown
Unknown
$28.0M
2.79%
+$22.1M
Bought
262.3K shares
Unknown
Unknown
$25.8M
2.58%
+$25.8M
New
0.43%
456.4K shares
Biotechnology
Healthcare
$23.5M
2.34%
+$6.5M
Bought
1.60%
960.4K shares
ETF
ETF
$22.7M
2.27%
+$12.5M
Bought
238.8K shares
Aerospace & Defense
Industrials
$22.7M
2.27%
+$290.2K
Bought
0.50%
588.5K shares
Biotechnology
Healthcare
$22.5M
2.24%
+$15.1M
Bought
0.31%
238.7K shares

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in READYSTATE ASSET MANAGEMENT LP's latest filing

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Market Value
$1.0B
Prior: $1.3B
Q/Q Change
-23.87%
-$314.0M
Net Flows % of MV
-43.55%
Turnover Ratio
68.89%
New Purchases
95 stocks
$247.6M
Added To
59 stocks
+$185.9M
Sold Out Of
379 stocks
$681.3M
Reduced Holdings
74 stocks
-$189.3M

Increased Positions

PositionShares Δ
New
New
New
New
New

Decreased Positions

PositionShares Δ
Sold
Sold
Sold
Sold
5
Ansys logo
Ansys
ANSS
Sold

Analytics

Portfolio insights and performance metrics for READYSTATE ASSET MANAGEMENT LP

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Sector Allocation

Healthcare: 27.00%HealthcareETF: 16.90%ETFTechnology: 14.50%TechnologyCommunication Services: 7.30%Communication ServicesConsumer Cyclical: 6.10%Industrials: 3.70%Basic Materials: 3.40%Financial Services: 2.10%Real Estate: 0.90%Energy: 0.40%Consumer Defensive: 0.40%Utilities: 0.20%
Healthcare
27.00%
ETF
16.90%
Technology
14.50%
Communication Services
7.30%
Consumer Cyclical
6.10%
Industrials
3.70%
Basic Materials
3.40%
Financial Services
2.10%
Real Estate
0.90%
Energy
0.40%
Consumer Defensive
0.40%
Utilities
0.20%

Market Cap Distribution

Large Cap ($10B - $200B): 17.58%Large Cap ($10B - $200B)Mid Cap ($2B - $10B): 31.87%Mid Cap ($2B - $10B)Small Cap ($300M - $2B): 19.10%Small Cap ($300M - $2B)Micro Cap ($50M - $300M): 1.53%Nano Cap (< $50M): 2.92%N/A (ETF or Unknown): 27.01%N/A (ETF or Unknown)
Large Cap ($10B - $200B)
17.58%
Mid Cap ($2B - $10B)
31.87%
Small Cap ($300M - $2B)
19.10%
Micro Cap ($50M - $300M)
1.53%
Nano Cap (< $50M)
2.92%
N/A (ETF or Unknown)
27.01%

Portfolio Concentration

Top 10 Holdings %
33.98%
Top 20 Holdings %
50.07%
Top 50 Holdings %
75.01%
Top 100 Holdings %
90.45%

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