Coatue Management 13F, Q4 2025
Philippe Laffont · quarter ending 31 December 2025 · filed 15 May 2026 · SEC CIK 1135730
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
The 25 largest of 52 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $2.62B | 6.6% | +7% shares |
| MICROSOFT CORP | MSFT | $2.50B | 6.3% | +11% shares |
| META PLATFORMS INC | META | $2.50B | 6.3% | -6% shares |
| AMAZON COM INC | AMZN | $2.29B | 5.7% | +14% shares |
| GE VERNOVA INC | GEV | $2.20B | 5.5% | -7% shares |
| ALPHABET INC | GOOGL | $2.14B | 5.4% | -5% shares |
| CONSTELLATION ENERGY CORP | CEG | $2.09B | 5.2% | +3% shares |
| BROADCOM INC | AVGO | $1.91B | 4.8% | -5% shares |
| NVIDIA CORPORATION | NVDA | $1.72B | 4.3% | -7% shares |
| LAM RESEARCH CORP | LRCX | $1.68B | 4.2% | unchanged |
| APPLIED MATLS INC | AMAT | $1.54B | 3.9% | +79% shares |
| EATON CORP PLC | $1.50B | 3.8% | unchanged | |
| APPLOVIN CORP | APP | $1.47B | 3.7% | -4% shares |
| SPOTIFY TECHNOLOGY S A | $1.42B | 3.6% | +36% shares | |
| REDDIT INC | RDDT | $1.28B | 3.2% | -6% shares |
| NETFLIX INC. | NFLX | $1.02B | 2.5% | +1655% shares |
| DOORDASH INC | DASH | $988.67M | 2.5% | +78% shares |
| ORACLE CORP | ORCL | $865.40M | 2.2% | -7% shares |
| CARVANA CO | CVNA | $826.41M | 2.1% | -2% shares |
| SYNOPSYS INC | SNPS | $778.09M | 1.9% | -8% shares |
| NU HLDGS LTD | $765.86M | 1.9% | -3% shares | |
| TESLA INC | TSLA | $738.17M | 1.9% | -5% shares |
| ALPHABET INC | GOOG | $627.77M | 1.6% | -4% shares |
| NATERA INC | NTRA | $603.27M | 1.5% | +1446% shares |
| SNOWFLAKE INC | SNOW | $544.22M | 1.4% | +27% shares |
What changed since Q3 2025
Against the Q3 2025 filing, Coatue Management opened 13 new positions, added to 12, trimmed 22, left 5 unchanged and exited 35. 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
- CRWVwas $920.26M
- INTUwas $573.28M
- BABAwas $356.85M
- TEAMwas $331.75M
- KKRwas $289.91M
- HNGEwas $230.78M
- FIGwas $167.69M
- CDNSwas $165.87M
and 27 more
Other quarters
Source: SEC Form 13F-HR, accession 0000919574-26-003414, 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.