SEC 13F Intelligence

Managers / Q3 2023 · view latest →

FARALLON CAPITAL MANAGEMENT, L.L.C.

CIK 0000909661 · ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO, CA, 94111 · (415)421-2132

Reported Value
$23.3B
Q3 2023
Positions
177
includes revealed positions
Filings on Record
130
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Farallon Capital Management, L.L.C. reported $23.3B in U.S.-listed holdings across 177 positions for Q3 2023.

Its largest position, ATVIEUR, represents 8.2% of the portfolio.

Compared with Q2 2023, the fund opened 36 new positions and exited 39.

Portfolio Metrics

Turnover
+15.4%
vs prior filed quarter
Top-10 Concentration
+31.6%
share of reported value
Largest Position
+8.2%
Activision Blizzard
New / Exited
36 / 39
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $12.2BQ4 ’18Q1 ’19: $12.4BQ2 ’19: $12.1BQ3 ’19: $12.0BQ4 ’19: $12.5BQ4 ’19Q1 ’20: $16.2BQ2 ’20: $12.3BQ3 ’20: $14.3BQ4 ’20: $15.6BQ4 ’20Q1 ’21: $18.0BQ2 ’21: $24.3BQ3 ’21: $20.8BQ4 ’21: $19.3BQ4 ’21Q1 ’22: $22.7BQ2 ’22: $17.7BQ3 ’22: $18.2BQ4 ’22: $15.3BQ4 ’22Q1 ’23: $20.3BQ2 ’23: $17.9BQ3 ’23: $23.3BQ4 ’23: $22.9BQ4 ’23Q1 ’24: $22.1BQ2 ’24: $21.2BQ3 ’24: $20.6BQ4 ’24: $19.7BQ4 ’24Q1 ’25: $18.7BQ2 ’25: $23.7BQ3 ’25: $24.4BQ4 ’25: $21.2BQ4 ’25Q1 ’26: $18.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 67.5%ETP: 16.0%Other: 9.3%ADR: 5.2%US DOMESTIC: 1.5%Other: 0.5%
  • Common Stock · 67.5% · $15.7B
  • ETP · 16.0% · $3.7B
  • Other · 9.3% · $2.2B
  • ADR · 5.2% · $1.2B
  • US DOMESTIC · 1.5% · $356M
  • Other · 0.5% · $120M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ATVIEURACTIVISION BLIZZARD INCREVEALEDNEW+44.74M44.74M+$3.8B$3.8B
HORIZON THERAPEUTICS PUB LREVEALEDNEW+13.58M13.58M+$1.5B$1.5B
CHTRCHARTER COMMUNICATIONS INC NNEW+1.11M1.11M+$489M$489M
SIMOSILICON MOTION TECHNOLOGY COREVEALEDNEW+5.32M5.32M+$353M$353M
CBRECBRE GROUP INCNEW+4.52M4.52M+$334M$334M
TOWER SEMICONDUCTOR LTDREVEALEDNEW+5.71M5.71M+$243M$243M
8INSYNEOS HEALTH INCREVEALEDNEW+3.08M3.08M+$130M$130M
VRTXVERTEX PHARMACEUTICALS INCNEW+202.0K202.0K+$70M$70M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023REVEALED

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ATVIEURACTIVISION BLIZZARD INCREVEALEDhistory →COM16.53%$3.8B44.74M
2HORIZON THERAPEUTICS PUB LREVEALEDSHS6.37%$1.5B13.58M
3UNHUNITEDHEALTH GROUP INChistory →COM2.92%$679M1.35M
4TRUTRANSUNIONhistory →COM2.85%$663M9.23M
5EX9EXELIXIS INChistory →COM2.43%$565M25.86M
6IQVIQVIA HLDGS INChistory →COM2.34%$544M2.77M
7TMOTHERMO FISHER SCIENTIFIC INChistory →COM2.28%$530M1.05M
8CRMSALESFORCE INChistory →COM2.20%$512M2.53M
9CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A2.10%$489M1.11M
10GOOGALPHABET INChistory →CAP STK CL C2.01%$469M3.56M
11MSFTMICROSOFT CORPhistory →COM1.83%$426M1.35M
12ARMKARAMARKhistory →COM1.81%$421M12.14M
13AZNNASTRAZENECA PLChistory →SPONSORED ADR1.76%$410M6.06M
14SPGIS&P GLOBAL INChistory →COM1.57%$365M999.4K
15WABWABTEChistory →COM1.49%$346M3.26M
16ADIANALOG DEVICES INChistory →COM1.46%$340M1.94M
17CBRECBRE GROUP INChistory →CL A1.43%$334M4.52M
18NYTNEW YORK TIMES COhistory →CL A1.41%$328M7.96M
19CNCCENTENE CORP DELhistory →COM1.32%$306M4.45M
20INTUINTUIThistory →COM1.22%$284M556.1K
21YMMFULL TRUCK ALLIANCE CO LTDhistory →SPONSORED ADS1.15%$269M38.19M
22SHWSHERWIN WILLIAMS COhistory →COM1.15%$267M1.05M
23NOWSERVICENOW INChistory →COM1.15%$267M477.6K
24BSXBOSTON SCIENTIFIC CORPhistory →COM1.14%$266M5.04M
25MAMASTERCARD INCORPORATEDhistory →CL A1.03%$240M606.5K
26BXBLACKSTONE INChistory →COM1.02%$239M2.23M
27HWMHOWMET AEROSPACE INChistory →COM0.94%$220M4.75M
28AON PLCSHS CL A0.93%$216M665.7K
29CSGPCOSTAR GROUP INChistory →COM0.92%$214M2.79M
30IQIYI INCNOTE 4.000%12/10.77%$180M188.10M
31HUMHUMANA INChistory →COM0.76%$177M364.5K
32VVISA INChistory →COM CL A0.75%$175M761.4K
33SRPTSAREPTA THERAPEUTICS INChistory →COM0.72%$167M1.38M
34ELVELEVANCE HEALTH INChistory →COM0.71%$166M381.3K
358INSYNEOS HEALTH INCREVEALEDhistory →CL A0.56%$130M3.08M
36LNTHLANTHEUS HLDGS INChistory →COM0.48%$111M1.60M
37BEAMBEAM THERAPEUTICS INChistory →COM0.46%$108M4.48M
38CITHE CIGNA GROUPhistory →COM0.45%$105M366.0K
39XYZBLOCK INChistory →CL A0.44%$103M2.34M
40NTRANATERA INChistory →COM0.43%$101M2.28M
41RVMDREVOLUTION MEDICINES INChistory →COM0.40%$92M3.33M
42PTGXPROTAGONIST THERAPEUTICS INChistory →COM0.39%$91M5.45M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026REVEALED$18.4B174May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$21.2B151Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$24.4B144Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025REVEALED$23.7B143Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025REVEALED$18.7B143May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$19.7B138Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024REVEALED$20.6B154Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024REVEALED$21.2B158Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$22.1B167May 24, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2023REVEALED$22.9B159Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023REVEALED$23.3B177Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023REVEALED$17.9B166Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023REVEALED$20.3B205May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$15.3B232Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022REVEALED$18.2B311Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022REVEALED$17.7B309Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022REVEALED$22.7B326May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021REVEALED$19.3B294Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021REVEALED$20.8B298Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021REVEALED$24.3B294Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$18.0B229May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020REVEALED$15.6B133Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020REVEALED$14.3B121Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020REVEALED$12.3B120Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020REVEALED$16.2B106May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$12.5B113Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019REVEALED$12.0B93Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$12.1B98Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$12.4B92May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018REVEALED$12.2B95Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Farallon Capital Europe LLP028-11719

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.