Atreides Management
Picture
Moves
Options: 8 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Positions
| ALABAstera Labs, Inc. | 12.68% | 7,168,490 | $376M | added×2.6 | +7.19 pp | 3 q |
| AMDAdvanced Micro Devices | 11.44% | 2,064,000 | $339M | added+98% | +5.93 pp | 9 q |
| AMZNAmazon.Com Inc | 5.86% | 931,107 | $173M | added+19% | +0.91 pp | 4 q |
| TSLATesla, Inc. | 5.03% | 569,075 | $149M | trimmed−19% | +0.49 pp | 20 q |
| ADBEAdobe Inc. | 4.93% | 281,890 | $146M | added+8% | +0.19 pp | 2 q |
| CIENCiena Corporation | 4.62% | 2,219,211 | $137M | trimmed−38% | −1.03 pp | 5 q |
| ESTCElastic N.V. | 4.38% | 1,687,791 | $130M | added+57% | +0.39 pp | 3 q |
| RHRh | 3.97% | 351,174 | $117M | added+15% | +1.53 pp | 7 q |
| ACVAACV Auctions Inc. | 3.90% | 5,684,445 | $116M | trimmed−27% | −0.77 pp | 15 q |
| LITELumentum Holdings Inc. | 3.62% | 1,691,017 | $107M | added+29% | +1.43 pp | 3 q |
| SESea Limited | 3.42% | 1,074,456 | $101M | trimmed−38% | −0.64 pp | 6 q |
| AAPLApple Inc. | 3.34% | 424,965 | $99M | added+30% | +1.09 pp | 2 q |
| DECKDeckers Outdoor Corp | 3.18% | 591,144 | $94M | new | +3.18 pp | new |
| SSentinelOne, Inc. | 3.07% | 3,802,904 | $91M | added×2.4 | +1.97 pp | 2 q |
| WWayfair Inc. | 2.64% | 1,390,537 | $78M | trimmed−10% | −0.02 pp | 15 q |
| RLRalph Lauren Corporation | 2.47% | 377,481 | $73M | added+28% | +0.79 pp | 3 q |
| ULTAUlta Beauty, Inc. | 2.47% | 187,780 | $73M | new | +2.47 pp | new |
| FIVEFive Below, Inc. | 2.32% | 777,011 | $69M | new | +2.32 pp | new |
| MELIMercado Libre, Inc | 1.99% | 28,662 | $59M | added+8% | +0.56 pp | 2 q |
| CFLTConfluent, Inc. Class A | 1.86% | 2,706,910 | $55M | added+7% | −0.57 pp | 7 q |
| AMTAmerican Tower Corporation | 1.46% | 186,136 | $43M | added×2.4 | +0.97 pp | 2 q |
| MAMastercard Incorporated | 1.35% | 80,680 | $40M | trimmed−33% | −0.38 pp | 4 q |
| MUMicron Technology, Inc. | 1.35% | 386,550 | $40M | trimmed−47% | −1.77 pp | 3 q |
| RBLXRoblox Corporation | 1.33% | 887,885 | $39M | trimmed−13% | +0.09 pp | 2 q |
| GOOGLAlphabet Inc. Class A | 1.23% | 219,517 | $36M | trimmed−59% | −1.97 pp | 3 q |
| SHWThe Sherwin-Williams Company | 1.22% | 94,634 | $36M | trimmed−58% | −0.95 pp | 2 q |
| BBWIBath & Body Works, Inc. | 1.02% | 943,926 | $30M | trimmed−72% | −3.24 pp | 9 q |
| GTLBGitLab Inc. Class A | 0.86% | 496,795 | $26M | new | +0.86 pp | new |
| GRABGrab Holdings Limited Class A | 0.86% | 6,677,707 | $25M | trimmed−33% | −0.30 pp | 2 q |
| RDDTReddit, Inc. | 0.76% | 342,530 | $23M | added+21% | +0.17 pp | 3 q |
| AFRMAffirm Holdings, Inc. Class A | 0.69% | 499,858 | $20M | new | +0.69 pp | new |
| NTNXNutanix, Inc. Class A | 0.28% | 139,912 | $8M | new | +0.28 pp | new |
| JOBYJoby Aviation, Inc. | 0.17% | 1,000,000 | $5M | held | — | 13 q |
| SONDQSonder Holdings Inc A | 0.16% | 1,012,621 | $5M | held | — | 5 q |
| TBLATaboola.com Ltd. | 0.08% | 725,000 | $2M | held | — | 14 q |
| MRVLMarvell Technology, Inc. | — | −2,531,792 | — | exited | −5.78 pp | — |
| HPEHewlett Packard Enterprise Company | — | −5,979,283 | — | exited | −4.13 pp | — |
| PEverpure, Inc. | — | −1,547,138 | — | exited | −3.24 pp | — |
| DDOGDatadog, Inc. Class A | — | −458,684 | — | exited | −1.94 pp | — |
| XYZBlock, Inc. | — | −842,008 | — | exited | −1.77 pp | — |
| IOTSamsara Inc. | — | −1,473,747 | — | exited | −1.62 pp | — |
| METAMeta Platforms, Inc. Class A | — | −83,611 | — | exited | −1.38 pp | — |
| KVYOKlaviyo, Inc. | — | −901,811 | — | exited | −0.73 pp | — |
| SBUXStarbucks Corp | — | −280,473 | — | exited | −0.71 pp | — |
| AMKRAmkor Technology Inc | — | −212,388 | — | exited | −0.28 pp | — |
| DKNGDraftKings Inc. Class A | — | −216,141 | — | exited | −0.27 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| QQQ PUT | 50.50% | 1,000,000 | $488M |
| SPY PUT | 14.84% | 250,000 | $143M |
| RH CALL | 8.65% | 250,000 | $84M |
| AMD CALL | 8.49% | 500,000 | $82M |
| ALAB CALL | 5.42% | 1,000,000 | $52M |
| DG CALL | 5.25% | 600,000 | $51M |
| SLB CALL | 4.34% | 1,000,000 | $42M |
| NVDA CALL | 2.51% | 200,000 | $24M |
Notes