Atreides Management
Picture
Moves
Options: 4 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- added+2.62
- new+9.73
- added+4.24
- added+0.53
- trimmed−2.89
Positions
| AMZNAmazon.Com Inc | 12.98% | 2,953,877 | $314M | added+66% | +2.62 pp | 5 q |
| METAMeta Platforms, Inc. Class A | 9.73% | 1,459,110 | $235M | new | +9.73 pp | new |
| DKSDick's Sporting Goods, Inc. | 5.84% | 1,872,173 | $141M | added×4.2 | +4.24 pp | 7 q |
| DECKDeckers Outdoor Corp | 4.14% | 392,226 | $100M | added+6% | +0.53 pp | 8 q |
| CRWDCrowdStrike Holdings, Inc. Class A | 3.90% | 559,146 | $94M | trimmed−33% | −2.89 pp | 2 q |
| HHyatt Hotels Corporation | 3.90% | 1,276,350 | $94M | added+37% | +0.73 pp | 2 q |
| TTWOTake-Two Interactive Software Inc | 3.90% | 768,289 | $94M | trimmed−51% | −4.74 pp | 4 q |
| ORCLOracle Corp | 3.81% | 1,318,050 | $92M | new | +3.81 pp | new |
| XYZBlock, Inc. | 3.78% | 1,484,706 | $91M | added×2.2 | +0.48 pp | 3 q |
| CZRCaesars Entertainment, Inc. | 3.56% | 2,245,449 | $86M | added+95% | +0.38 pp | 4 q |
| SHOPShopify Inc. Class A subordinate voting shares | 3.56% | 2,757,609 | $86M | new | +3.56 pp | new |
| BILLBILL Holdings, Inc. | 3.41% | 750,737 | $83M | added×3.0 | +1.38 pp | 2 q |
| DISHDISH Network Corp. | 3.36% | 4,533,878 | $81M | added+10% | −1.29 pp | 8 q |
| DLODLocal Limited Class A | 3.19% | 2,937,282 | $77M | added+14% | +0.33 pp | 3 q |
| TSLATesla, Inc. | 3.03% | 108,899 | $73M | added×2.2 | +1.10 pp | 11 q |
| FTCHQFarfetch Limited A | 2.88% | 9,733,545 | $70M | new | +2.88 pp | new |
| MTNVail Resorts, Inc. | 2.49% | 275,872 | $60M | trimmed−18% | −0.64 pp | 2 q |
| MQMarqeta, Inc. Class A | 2.39% | 7,130,782 | $58M | new | +2.39 pp | new |
| ACVAACV Auctions Inc. | 2.15% | 7,936,215 | $52M | added×2.5 | +0.45 pp | 6 q |
| OPENOpendoor Technologies Inc | 2.15% | 11,057,188 | $52M | new | +2.15 pp | new |
| ABNBAirbnb, Inc. Class A | 2.06% | 559,931 | $50M | trimmed−42% | −3.83 pp | 2 q |
| CFLTConfluent, Inc. Class A | 1.81% | 1,877,791 | $44M | new | +1.81 pp | new |
| AEOAmerican Eagle Outfitters | 1.75% | 3,793,903 | $42M | trimmed−39% | −1.96 pp | 8 q |
| TWLOTwilio Inc. | 1.68% | 483,477 | $41M | trimmed−40% | −3.05 pp | 11 q |
| NOWServicenow, Inc. | 1.61% | 81,781 | $39M | new | +1.61 pp | new |
| FWONKLiberty Media Corporation Series C Liberty Formula One | 1.43% | 543,058 | $34M | trimmed−41% | −0.88 pp | 5 q |
| GOOGLAlphabet Inc. Class A | 1.34% | 14,827 | $32M | trimmed−85% | −8.27 pp | 5 q |
| MGMMgm Resorts International | 1.20% | 1,000,051 | $29M | added+32% | +0.07 pp | 6 q |
| TAT&T Inc. | 0.89% | 1,022,122 | $21M | new | +0.89 pp | new |
| IOTSamsara Inc. | 0.60% | 1,297,137 | $14M | added+96% | +0.22 pp | 2 q |
| unresolvedSonder Holdings Inc | 0.32% | 7,409,364 | $8M | trimmed−1% | −0.94 pp | 2 q |
| WWayfair Inc. | 0.27% | 150,312 | $7M | trimmed−53% | −0.98 pp | 6 q |
| unresolvedCatalyst Partnrs Acquisitn C | 0.22% | 546,328 | $5M | trimmed−2% | +0.02 pp | 5 q |
| JOBYJoby Aviation, Inc. | 0.20% | 1,000,000 | $5M | held | — | 4 q |
| ROKURoku, Inc. Class A | 0.19% | 56,281 | $5M | trimmed−64% | −0.51 pp | 11 q |
| unresolvedStarry Group Holdings Inc | 0.15% | 866,667 | $4M | held | — | 2 q |
| TBLATaboola.com Ltd. | 0.08% | 725,000 | $2M | held | — | 5 q |
| unresolvedOwlet Inc | 0.04% | 500,000 | $850,000 | held | — | 4 q |
| unresolvedBird Global Inc | 0.00% | 217,712 | $95,000 | trimmed−1% | −0.02 pp | 3 q |
| MARMarriott International Class A | — | −484,282 | — | exited | −3.03 pp | — |
| SNAPSnap Inc. | — | −2,055,814 | — | exited | −2.64 pp | — |
| COINCoinbase Global, Inc. Class A | — | −291,035 | — | exited | −1.97 pp | — |
| ESTCElastic N.V. | — | −616,374 | — | exited | −1.95 pp | — |
| MUMicron Technology, Inc. | — | −507,808 | — | exited | −1.41 pp | — |
| HCPHashiCorp, Inc. Class A | — | −74,792 | — | exited | −0.14 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| QQQ PUT | 61.36% | 600,000 | $168M |
| AMZN CALL | 25.19% | 650,000 | $69M |
| XYZ CALL | 13.45% | 600,000 | $37M |
Notes