Coatue Management 13F, Q2 2025
Philippe Laffont · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1135730
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 70 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| COREWEAVE INC | CRWV | $2.90B | 8.1% | +24% shares |
| META PLATFORMS INC | META | $2.72B | 7.6% | -2% shares |
| AMAZON COM INC | AMZN | $2.23B | 6.2% | -6% shares |
| GE VERNOVA INC | GEV | $1.99B | 5.5% | unchanged |
| MICROSOFT CORP | MSFT | $1.96B | 5.5% | +20% shares |
| CONSTELLATION ENERGY CORP | CEG | $1.91B | 5.3% | -4% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $1.83B | 5.1% | unchanged |
| NVIDIA CORPORATION | NVDA | $1.82B | 5.1% | +34% shares |
| EATON CORP PLC | $1.67B | 4.7% | +5% shares | |
| BROADCOM INC | AVGO | $1.56B | 4.3% | +58% shares |
| SPOTIFY TECHNOLOGY S A | $1.22B | 3.4% | +3% shares | |
| LAM RESEARCH CORP | LRCX | $1.02B | 2.9% | +28% shares |
| REDDIT INC | RDDT | $934.89M | 2.6% | +31% shares |
| ORACLE CORP | ORCL | $843.31M | 2.4% | new |
| NETFLIX INC | NFLX | $828.57M | 2.3% | unchanged |
| INTUIT | INTU | $823.94M | 2.3% | +59% shares |
| ARM HOLDINGS PLC | ARM | $749.41M | 2.1% | new |
| NU HLDGS LTD | $664.63M | 1.9% | -13% shares | |
| TESLA INC | TSLA | $647.07M | 1.8% | +24% shares |
| APPLOVIN CORP | APP | $635.68M | 1.8% | -13% shares |
| CARVANA CO | CVNA | $606.55M | 1.7% | +236% shares |
| DOORDASH INC | DASH | $539.07M | 1.5% | +32% shares |
| PAYPAL HLDGS INC | PYPL | $518.07M | 1.4% | +33% shares |
| KKR & CO INC | KKR | $499.53M | 1.4% | +7% shares |
| ATLASSIAN CORPORATION | TEAM | $468.71M | 1.3% | -29% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Coatue Management opened 13 new positions, added to 18, trimmed 18, left 21 unchanged and exited 13. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 5 more
Exited
- SMCIwas $303.60M
- MPWRwas $112.19M
- TTANwas $60.04M
- TEMwas $45.13M
- ALABwas $40.37M
- TCOMwas $14.17M
- NOVOCURE LTDwas $10.85M
- BEKEwas $5.47M
and 5 more
Other quarters
Source: SEC Form 13F-HR, accession 0000919574-25-004823, 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.