Coatue Management 13F, Q3 2023
Philippe Laffont · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1135730
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 86 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $1.98B | 10.0% | -2% shares |
| META PLATFORMS INC | META | $1.85B | 9.4% | +9% shares |
| AMAZON COM INC | AMZN | $1.35B | 6.8% | -15% shares |
| ADVANCED MICRO DEVICES INC | AMD | $1.28B | 6.5% | -11% shares |
| MICROSOFT CORP | MSFT | $1.21B | 6.1% | -28% shares |
| TESLA INC | TSLA | $1.01B | 5.1% | -14% shares |
| EATON CORP PLC | $808.47M | 4.1% | +113% shares | |
| INTUIT | INTU | $767.03M | 3.9% | +166% shares |
| NETFLIX INC | NFLX | $754.02M | 3.8% | unchanged |
| ALPHABET INC | GOOGL | $678.31M | 3.4% | -7% shares |
| ADOBE INC | ADBE | $628.28M | 3.2% | +24% shares |
| MODERNA INC | MRNA | $507.11M | 2.6% | -25% shares |
| FIRST CTZNS BANCSHARES INC N | FCNCA | $470.40M | 2.4% | +6% shares |
| EQUINIX INC | EQIX | $457.17M | 2.3% | +28% shares |
| LAM RESEARCH CORP | $446.05M | 2.3% | -11% shares | |
| VERTIV HOLDINGS CO | VRT | $430.12M | 2.2% | +152% shares |
| NU HLDGS LTD | $399.73M | 2.0% | +986% shares | |
| UNITEDHEALTH GROUP INC | UNH | $321.15M | 1.6% | unchanged |
| UBER TECHNOLOGIES INC | UBER | $317.76M | 1.6% | unchanged |
| SHOPIFY INC | SHOP | $306.48M | 1.6% | new |
| MAPLEBEAR INC | CART | $305.14M | 1.6% | new |
| DISNEY WALT CO | DIS | $239.10M | 1.2% | unchanged |
| ORACLE CORP | ORCL | $236.85M | 1.2% | -49% shares |
| INTUITIVE SURGICAL INC | ISRG | $229.61M | 1.2% | new |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $206.09M | 1.1% | -65% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Coatue Management opened 10 new positions, added to 21, trimmed 28, left 27 unchanged and exited 15. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 2 more
Exited
- ULTAwas $216.47M
- ENDEAVOR GROUP HLDGS INCwas $158.56M
- ENPHwas $102.56M
- DASHwas $71.33M
- DOCUwas $56.01M
- ROKUwas $27.43M
- CEGwas $23.93M
- AMC ENTMT HLDGS INCwas $14.51M
and 7 more
Other quarters
Source: SEC Form 13F-HR, accession 0000919574-23-006173, filed by COATUE MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.