Coatue Management 13F, Q1 2025
Philippe Laffont · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1135730
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 70 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $2.17B | 9.6% | unchanged |
| AMAZON COM INC | AMZN | $2.05B | 9.0% | unchanged |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $1.32B | 5.8% | -20% shares |
| CONSTELLATION ENERGY CORP | CEG | $1.24B | 5.5% | -7% shares |
| MICROSOFT CORP | MSFT | $1.23B | 5.4% | -7% shares |
| EATON CORP PLC | $1.21B | 5.3% | unchanged | |
| GE VERNOVA INC | GEV | $1.15B | 5.1% | -3% shares |
| NVIDIA CORPORATION | NVDA | $926.20M | 4.1% | -15% shares |
| SPOTIFY TECHNOLOGY S A | $848.14M | 3.7% | +22% shares | |
| ATLASSIAN CORPORATION | TEAM | $693.94M | 3.1% | -8% shares |
| BROADCOM INC | AVGO | $598.10M | 2.6% | unchanged |
| LAM RESEARCH CORP | LRCX | $596.84M | 2.6% | +103% shares |
| NETFLIX INC | NFLX | $576.99M | 2.5% | -11% shares |
| NU HLDGS LTD | $571.31M | 2.5% | -30% shares | |
| APPLOVIN CORP | APP | $555.42M | 2.5% | -9% shares |
| COREWEAVE INC | CRWV | $534.06M | 2.4% | new |
| ALIBABA GROUP HLDG LTD | BABA | $502.70M | 2.2% | +1873% shares |
| REDDIT INC | RDDT | $497.84M | 2.2% | -27% shares |
| TESLA INC | TSLA | $425.01M | 1.9% | -25% shares |
| FIRST CTZNS BANCSHARES INC N | FCNCA | $410.17M | 1.8% | unchanged |
| INTUIT | INTU | $404.54M | 1.8% | +20% shares |
| KKR & CO INC | KKR | $404.43M | 1.8% | +31% shares |
| INTUITIVE SURGICAL INC | ISRG | $345.73M | 1.5% | -28% shares |
| PAYPAL HLDGS INC | PYPL | $341.78M | 1.5% | -34% shares |
| ADVANCED MICRO DEVICES INC | AMD | $332.90M | 1.5% | -24% shares |
What changed since Q4 2024
Against the Q4 2024 filing, Coatue Management opened 24 new positions, added to 13, trimmed 22, left 11 unchanged and exited 22. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 16 more
Exited
- VRTwas $724.37M
- VSTwas $409.15M
- NOWwas $391.55M
- SCHWwas $333.79M
- SHOPwas $270.89M
- HUBSwas $260.09M
- QCOMwas $189.01M
- UBERwas $175.59M
and 14 more
Other quarters
Source: SEC Form 13F-HR, accession 0000919574-25-003179, 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.