Coatue Management 13F, Q1 2024
Philippe Laffont · quarter ending 31 March 2024 · filed 15 May 2024 · SEC CIK 1135730
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 91 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $2.10B | 8.2% | -23% shares |
| AMAZON COM INC | AMZN | $1.82B | 7.1% | +3% shares |
| MICROSOFT CORP | MSFT | $1.55B | 6.1% | -3% shares |
| SALESFORCE INC | CRM | $1.42B | 5.5% | +119% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $1.41B | 5.5% | +3209% shares |
| EATON CORP PLC | $1.30B | 5.1% | +4% shares | |
| NVIDIA CORPORATION | NVDA | $1.25B | 4.9% | -68% shares |
| ADVANCED MICRO DEVICES INC | AMD | $1.22B | 4.8% | -46% shares |
| VERTIV HOLDINGS CO | VRT | $755.07M | 3.0% | -33% shares |
| NU HLDGS LTD | $749.36M | 2.9% | unchanged | |
| ADOBE INC | ADBE | $722.23M | 2.8% | -3% shares |
| ALPHABET INC | GOOGL | $675.94M | 2.6% | +138% shares |
| NETFLIX INC | NFLX | $641.95M | 2.5% | -54% shares |
| QUALCOMM INC | QCOM | $620.17M | 2.4% | new |
| BROADCOM INC | AVGO | $551.98M | 2.2% | new |
| PAYPAL HLDGS INC | PYPL | $538.69M | 2.1% | +29499% shares |
| INTUITIVE SURGICAL INC | ISRG | $509.87M | 2.0% | unchanged |
| DELL TECHNOLOGIES INC | DELL | $481.65M | 1.9% | new |
| FIRST CTZNS BANCSHARES INC N | FCNCA | $468.25M | 1.8% | -16% shares |
| TESLA INC | TSLA | $449.89M | 1.8% | -37% shares |
| LAM RESEARCH CORP | $431.88M | 1.7% | -35% shares | |
| MAPLEBEAR INC | CART | $383.25M | 1.5% | unchanged |
| CONSTELLATION ENERGY CORP | CEG | $378.89M | 1.5% | new |
| EQUINIX INC | EQIX | $339.62M | 1.3% | -27% shares |
| INTUIT | INTU | $335.13M | 1.3% | -33% shares |
What changed since Q4 2023
Against the Q4 2023 filing, Coatue Management opened 21 new positions, added to 36, trimmed 25, left 9 unchanged and exited 30. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- QCOM$620.17M
- AVGO$551.98M
- DELL$481.65M
- CEG$378.89M
- VST$224.03M
- ASML HOLDING N V$179.47M
- ENPH$119.67M
- DKNG$104.29M
and 13 more
Exited
- AAPLwas $470.61M
- MRNAwas $325.51M
- UNHwas $279.23M
- DISwas $266.36M
- AMATwas $234.48M
- ORCLwas $229.47M
- BILLwas $163.22M
- Fwas $149.15M
and 22 more
Other quarters
Source: SEC Form 13F-HR, accession 0000919574-24-002996, 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.