Coatue Management 13F annual report
Coatue Management is an investment fund managing more than $8.24 billion ran by Philippe Laffont. There are currently 78 companies in Mr. Laffont’s portfolio. The largest investments include Tesla Inc and Moderna Inc, together worth $1.76 billion.
$8.24 billion Assets Under Management (AUM)
As of 8th August 2022, Coatue Management’s top holding is 1,409,092 shares of Tesla Inc currently worth over $949 million and making up 11.5% of the portfolio value.
Relative to the number of outstanding shares of Tesla Inc, Coatue Management owns more than approximately 0.1% of the company.
In addition, the fund holds 5,706,331 shares of Moderna Inc worth $815 million, whose value grew 13.3% in the past six months.
The third-largest holding is Rivian Automotive worth $486 million and the next is Amazon.com worth $437 million, with 4,118,580 shares owned.
Currently, Coatue Management's portfolio is worth at least $8.24 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Coatue Management
The Coatue Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Philippe Laffont serves as the Authorized Signatory at Coatue Management.
Recent trades
In the most recent 13F filing, Coatue Management revealed that it had opened a new position in
Rivian Automotive and bought 18,878,337 shares worth $486 million.
This means they effectively own approximately 0.1% of the company.
Rivian Automotive makes up
17.9%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Tesla Inc by buying
282,167 additional shares.
This makes their stake in Tesla Inc total 1,409,092 shares worth $949 million.
Tesla Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Coatue Management is getting rid of from its portfolio.
Coatue Management closed its position in Marqeta Inc on 15th August 2022.
It sold the previously owned 28,449,054 shares for $612 million.
Philippe Laffont also disclosed a decreased stake in Moderna Inc by approximately 0.1%.
This leaves the value of the investment at $815 million and 5,706,331 shares.
One of the largest hedge funds
The two most similar investment funds to Coatue Management are Marathon Asset Management LL.P. and Thoma Bravo, L.P.. They manage $8.26 billion and $8.27 billion respectively.
Philippe Laffont investment strategy
Coatue Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 33.0% of
the total portfolio value.
The fund focuses on investments in the United States as
59.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
50% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $104 billion.
The complete list of Coatue Management trades based on 13F SEC filings
These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Tesla Inc |
25.04%
1,409,092
|
$948,911,000 | 11.52% |
| Moderna Inc |
5.66%
5,706,331
|
$815,150,000 | 9.90% |
| Marqeta Inc |
Closed
28,449,054
|
$612,409,000 | |
| Twilio Inc |
Closed
1,749,944
|
$558,319,000 | |
| Rivian Automotive, Inc. |
Opened
18,878,337
|
$485,929,000 | 5.90% |
| Amazon.com Inc. |
1,809.82%
4,118,580
|
$437,434,000 | 5.31% |
| JD.com Inc |
21.70%
6,380,204
|
$409,737,000 | 4.97% |
| Guardant Health Inc |
Closed
2,805,273
|
$350,687,000 | |
| Endeavor Group Hldgs Inc |
18.53%
16,973,200
|
$348,969,000 | 4.24% |
| Meta Platforms Inc |
12.79%
2,132,573
|
$343,877,000 | 4.17% |
| Microsoft Corporation |
19.70%
1,245,067
|
$319,771,000 | 3.88% |
| DiDi Global Inc |
Closed
40,485,696
|
$301,190,000 | |
| Block Inc |
54.19%
4,817,454
|
$296,081,000 | 3.59% |
| Disney Walt Co |
47.06%
3,096,961
|
$292,353,000 | 3.55% |
| Enphase Energy Inc |
Opened
1,366,593
|
$266,813,000 | 3.24% |
| Lam Research Corp. |
Closed
407,871
|
$232,140,000 | |
| Netflix Inc. |
32.98%
1,238,423
|
$216,563,000 | 2.63% |
| Uber Technologies Inc |
20.06%
10,183,900
|
$208,363,000 | 2.53% |
| Global Pmts Inc |
Closed
1,293,332
|
$203,803,000 | |
| Alibaba Group Hldg Ltd |
Opened
1,653,663
|
$187,988,000 | 2.28% |
| Insulet Corporation |
Closed
586,401
|
$166,673,000 | |
| Nuance Communications Inc |
Closed
2,837,482
|
$156,175,000 | |
| Broadcom Inc. |
No change
317,584
|
$154,285,000 | 1.87% |
| Blend Labs, Inc. |
Closed
11,236,100
|
$146,919,000 | |
| Anaplan Inc |
Closed
2,382,943
|
$145,097,000 | |
| Affirm Holdings, Inc. |
Closed
1,082,269
|
$128,931,000 | |
| Lucid Group, Inc. |
164.22%
7,437,661
|
$127,630,000 | 1.55% |
| Visa Inc |
Opened
632,324
|
$124,498,000 | 1.51% |
| Snowflake Inc. |
79.14%
815,881
|
$113,456,000 | 1.38% |
| Oscar Health, Inc. |
Closed
6,193,324
|
$107,702,000 | |
| Crowdstrike Holdings Inc |
66.56%
611,850
|
$103,133,000 | 1.25% |
| KE Holdings Inc. |
26.74%
5,048,061
|
$90,612,000 | 1.10% |
| Bath & Body Works Inc |
No change
3,214,424
|
$86,532,000 | 1.05% |
| GitLab Inc. |
Opened
1,610,357
|
$85,574,000 | 1.04% |
| PayPal Holdings Inc |
57.96%
1,220,620
|
$85,248,000 | 1.03% |
| Datadog Inc |
Opened
840,069
|
$80,008,000 | 0.97% |
| Veeva Sys Inc |
Opened
400,521
|
$79,319,000 | 0.96% |
| Bill.com Holdings Inc |
Closed
289,074
|
$77,168,000 | |
| UiPath, Inc. |
62.63%
4,235,394
|
$77,042,000 | 0.94% |
| SoFi Technologies, Inc. |
Opened
14,529,957
|
$76,573,000 | 0.93% |
| Zillow Group Inc |
51.76%
3,050,685
|
$96,901,000 | 1.18% |
| Upstart Holdings, Inc. |
Opened
2,362,290
|
$74,696,000 | 0.91% |
| Xpeng Inc. |
76.51%
2,265,669
|
$71,912,000 | 0.87% |
| Rlx Technology Inc |
Closed
14,205,740
|
$64,210,000 | |
| Novavax, Inc. |
Opened
1,241,716
|
$63,861,000 | 0.78% |
| BioNTech SE |
59.23%
421,590
|
$62,859,000 | 0.76% |
| Sea Ltd |
58.03%
925,132
|
$61,854,000 | 0.75% |
| DoorDash Inc |
90.11%
935,161
|
$60,010,000 | 0.73% |
| Pinterest Inc |
15.23%
3,156,352
|
$57,319,000 | 0.70% |
| Equifax, Inc. |
Opened
295,362
|
$53,986,000 | 0.66% |
| Paramount Global |
27.50%
2,180,711
|
$53,820,000 | 0.65% |
| Monday Com Ltd |
Opened
469,309
|
$48,414,000 | 0.59% |
| Palo Alto Networks Inc |
Opened
95,640
|
$47,240,000 | 0.57% |
| Dingdong Cayman Ltd |
No change
7,029,666
|
$38,874,000 | 0.47% |
| Nikola Corporation |
2.73%
7,391,449
|
$35,183,000 | 0.43% |
| Williams-Sonoma, Inc. |
Opened
315,147
|
$34,966,000 | 0.42% |
| Li Auto Inc. |
53.31%
887,794
|
$34,012,000 | 0.41% |
| Victorias Secret And Co |
No change
1,071,472
|
$29,969,000 | 0.36% |
| DocuSign Inc |
Opened
502,135
|
$28,812,000 | 0.35% |
| Intellia Therapeutics Inc |
Closed
208,000
|
$27,903,000 | |
| Synaptics Inc |
Opened
234,521
|
$27,685,000 | 0.34% |
| QuantumScape Corporation |
363.04%
3,113,723
|
$26,747,000 | 0.32% |
| Snap Inc |
59.69%
2,030,446
|
$26,660,000 | 0.32% |
| 3-d Sys Corp Del |
Closed
961,067
|
$26,497,000 | |
| Peloton Interactive Inc |
32.90%
2,815,647
|
$25,848,000 | 0.31% |
| Trip.com Group Ltd |
Opened
888,202
|
$24,381,000 | 0.30% |
| Hashicorp Inc |
Opened
815,724
|
$24,015,000 | 0.29% |
| Absci Corporation |
Closed
1,859,478
|
$21,626,000 | |
| RingCentral Inc. |
Opened
411,351
|
$21,497,000 | 0.26% |
| Confluent Inc |
88.03%
855,315
|
$19,878,000 | 0.24% |
| Amc Entmt Hldgs Inc |
Opened
1,430,668
|
$19,386,000 | 0.24% |
| Fisker Inc. |
Opened
2,252,565
|
$19,304,000 | 0.23% |
| Lightspeed Commerce Inc |
Closed
200,099
|
$19,296,000 | |
| Ginkgo Bioworks Holdings Inc |
Opened
7,937,724
|
$18,892,000 | 0.23% |
| MercadoLibre Inc |
Opened
29,529
|
$18,806,000 | 0.23% |
| Robinhood Mkts Inc |
Closed
432,287
|
$18,191,000 | |
| Toast, Inc. |
Closed
352,000
|
$17,583,000 | |
| Caribou Biosciences Inc |
Closed
700,000
|
$16,709,000 | |
| Sunlight Financial Holdings |
Closed
3,000,000
|
$15,930,000 | |
| Doximity, Inc. |
Closed
192,859
|
$15,564,000 | |
| Gds Hldgs Ltd |
Opened
439,039
|
$14,660,000 | 0.18% |
| Agora, Inc. |
79.16%
1,992,568
|
$13,091,000 | 0.16% |
| Beyond Meat Inc |
Opened
490,640
|
$11,746,000 | 0.14% |
| Salesforce Inc |
Opened
68,948
|
$11,379,000 | 0.14% |
| Workday Inc |
Opened
80,714
|
$11,266,000 | 0.14% |
| Graftech Intl Ltd |
Closed
1,090,232
|
$11,251,000 | |
| Curevac N V |
Closed
205,213
|
$11,209,000 | |
| Sunrun Inc |
95.42%
435,335
|
$10,169,000 | 0.12% |
| Shopify Inc |
21.43%
318,900
|
$9,962,000 | 0.12% |
| Huazhu Group Ltd |
Opened
260,017
|
$9,907,000 | 0.12% |
| Singular Genomics Systems In |
No change
2,119,614
|
$8,097,000 | 0.10% |
| NVIDIA Corp |
87.46%
49,413
|
$7,491,000 | 0.09% |
| Gamestop Corp New |
Opened
54,697
|
$6,689,000 | 0.08% |
| Stitch Fix Inc |
17.30%
1,342,810
|
$6,633,000 | 0.08% |
| Roblox Corporation |
97.63%
173,102
|
$5,688,000 | 0.07% |
| Ccc Intelligent Solutions Hl |
Closed
500,000
|
$5,255,000 | |
| Kanzhun Limited |
99.32%
157,191
|
$4,131,000 | 0.05% |
| Carvana Co. |
Opened
173,800
|
$3,924,000 | 0.05% |
| Las Vegas Sands Corp |
Opened
100,000
|
$3,359,000 | 0.04% |
| Dexcom Inc |
24.46%
38,052
|
$2,836,000 | 0.03% |
| Remitly Global Inc |
Closed
75,403
|
$2,768,000 | |
| Zoom Video Communications In |
98.93%
20,770
|
$2,243,000 | 0.03% |
| Pinduoduo Inc |
Opened
33,317
|
$2,059,000 | 0.02% |
| Hertz Global Holdings Inc. |
Opened
106,823
|
$1,692,000 | 0.02% |
| Macerich Co. |
Closed
85,238
|
$1,424,000 | |
| Stratasys Ltd |
Closed
60,000
|
$1,291,000 | |
| Grab Holdings Limited |
Opened
400,000
|
$1,012,000 | 0.01% |
| Boeing Co. |
Closed
1,400
|
$308,000 | |
| No transactions found | |||
| Showing first 500 out of 108 holdings | |||
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