Coatue

Q4 2017 13F · by Philippe Laffont, founder

As of: Dec 31, 2017
Filed: Feb 13, 2018
US stock: $12.8B · prev $12.2B
Positions: 43 · prev 45
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves42 since the prior filing

+16.9 pp in · −15.7 pp out

New 9 +6.80 pp
Added 5 +10.07 pp
Trimmed 17 −9.89 pp
Exited 11 −5.81 pp

The book

Focused · behaves like 22 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 61% a year, about 1.6 years per position

Low
Moderate
High

Top 5 positions32% of US stock

unresolved Broadcom Ltd added+1.74 pp added+1.747.5%
META Meta Platforms, Inc. Class A trimmed−2.46 pp trimmed−2.466.8%
NVDA Nvidia Corp trimmed+0.20 pp trimmed+0.206.2%
BABA Alibaba Group Holding Limited trimmed−2.07 pp trimmed−2.076.2%
LBRDK Liberty Broadband Corporation Class C held held5.8%

Positions43 in this filing · 11 exited


unresolvedBroadcom Ltd	7.51%	3,735,957	$960M	added+28%	+1.74 pp	8 q
METAMeta Platforms, Inc. Class A	6.76%	4,893,461	$864M	trimmed−26%	−2.46 pp	18 q
NVDANvidia Corp	6.20%	4,093,945	$792M	trimmed−0%	+0.20 pp	6 q
BABAAlibaba Group Holding Limited	6.15%	4,556,219	$786M	trimmed−22%	−2.07 pp	6 q
LBRDKLiberty Broadband Corporation Class C	5.77%	8,654,352	$737M	held	—	7 q
AAPLApple Inc.	5.71%	4,314,889	$730M	trimmed−40%	−3.29 pp	6 q
SHOPShopify Inc. Class A subordinate voting shares	5.54%	7,006,613	$708M	added×2.7	+3.04 pp	3 q
AIYActivision Blizzard Inc	4.71%	9,498,840	$601M	trimmed−20%	−1.57 pp	13 q
AMZNAmazon.Com Inc	4.59%	501,596	$587M	added+26%	+1.46 pp	19 q
TWTRTwitter, Inc.	4.58%	24,354,222	$585M	added×3.1	+3.50 pp	2 q
NFLXNetFlix Inc	4.39%	2,923,474	$561M	trimmed−0%	+0.06 pp	19 q
JDJD.com, Inc.	4.10%	12,640,721	$524M	held	—	13 q
EAElectronic Arts Inc	3.55%	4,312,233	$453M	trimmed−0%	−0.61 pp	13 q
BACBank of America Corporation	3.20%	13,852,992	$409M	held	—	5 q
GOOGAlphabet Inc. Class C	3.18%	388,126	$406M	trimmed−5%	−0.02 pp	15 q
SNAPSnap Inc.	3.13%	27,390,619	$400M	added+16%	+0.33 pp	4 q
MSFTMicrosoft Corp	3.07%	4,580,902	$392M	new	+3.07 pp	new
PYPLPayPal Holdings, Inc.	2.97%	5,157,829	$380M	trimmed−0%	+0.26 pp	8 q
TWXTime Warner Inc	2.00%	2,797,714	$256M	held	—	6 q
EQIXEquinix, Inc.	1.88%	530,558	$240M	held	—	12 q
FWONKLiberty Media Corporation Series C Liberty Formula One	1.60%	6,000,000	$205M	held	—	4 q
VMWVMware, Inc	1.23%	1,249,472	$157M	new	+1.23 pp	new
GOOGLAlphabet Inc. Class A	0.97%	118,088	$124M	trimmed−16%	−0.15 pp	9 q
CGNXCognex Corp	0.97%	2,031,260	$124M	trimmed−0%	+0.05 pp	3 q
NTESNetEase, inc.	0.96%	355,998	$123M	new	+0.96 pp	new
TERTeradyne, Inc.	0.81%	2,479,769	$104M	trimmed−0%	+0.05 pp	3 q
LBTYKLiberty Global Ltd. Class C	0.81%	3,043,764	$103M	held	—	16 q
ADBEAdobe Inc.	0.78%	566,149	$99M	trimmed−15%	−0.03 pp	2 q
LBTYALiberty Global Ltd. Class A	0.62%	2,208,488	$79M	held	—	19 q
CHTRCharter Comm Inc Del CL A New	0.59%	223,077	$75M	new	+0.59 pp	new
HAINHain Celestial Group Inc	0.33%	992,774	$42M	held	—	19 q
unresolvedDell Technologies Inc	0.31%	494,280	$40M	new	+0.31 pp	new
HTTHigh Templar Tech Limited	0.22%	2,200,259	$28M	new	+0.22 pp	new
FITFitbit, Inc. Class A	0.20%	4,477,953	$26M	trimmed−15%	−0.10 pp	9 q
CMGChipotle Mexican Grill, Inc.	0.19%	85,200	$25M	new	+0.19 pp	new
NXHNeighborhood Intelligence, Inc.	0.12%	249,333	$16M	new	+0.12 pp	new
ZZillow Group, Inc. Class C	0.11%	337,424	$14M	new	+0.11 pp	new
FEYEFireEye, Inc.	0.10%	882,755	$13M	held	—	9 q
CMCMCheetah Mobile Inc.	0.05%	510,803	$6M	held	—	9 q
ACIAAcacia Communications, Inc.	0.02%	61,864	$2M	held	—	6 q
DDD3D Systems Corporation	0.02%	290,888	$3M	trimmed−70%	−0.09 pp	4 q
SSYSStratasys Inc (ISRAEL)	0.02%	135,181	$3M	trimmed−70%	−0.07 pp	6 q
FTRFrontier Communications Corp.	0.00%	77,037	$521,000	trimmed−84%	−0.05 pp	2 q
SYMCGen Digital Inc.	—	−7,970,588	—	exited	−2.14 pp	—
AMTAmerican Tower Corporation	—	−1,057,361	—	exited	−1.18 pp	—
CRMSalesforce, Inc.	—	−1,088,872	—	exited	−0.83 pp	—
DATATableau Software, Inc.	—	−865,976	—	exited	−0.53 pp	—
TWLOTwilio Inc.	—	−1,857,746	—	exited	−0.45 pp	—
MLNXMellanox Technologies Ltd	—	−757,981	—	exited	−0.29 pp	—
WIXWIX.com Ltd.	—	−399,868	—	exited	−0.23 pp	—
ALGTAllegiant Travel Company	—	−66,530	—	exited	−0.07 pp	—
NTNXNutanix, Inc. Class A	—	−294,550	—	exited	−0.05 pp	—
unresolvedNutri Sys Inc New	—	−66,300	—	exited	−0.03 pp	—
unresolvedSeadrill	—	−1,970,630	—	exited	−0.01 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 2 unresolved
Accession: 0000919574-18-001119
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

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