Coatue

Q3 2021 13F · by Philippe Laffont, founder

As of: Sep 30, 2021
Filed: Nov 12, 2021
US stock: $24.6B · prev $25.8B
Positions: 77 · prev 77
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%

Moves74 since the prior filing

+13.7 pp in · −11.8 pp out

New 14 +3.85 pp
Added 11 +9.84 pp
Trimmed 35 −9.54 pp
Exited 14 −2.23 pp

The book

Focused · behaves like 29 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 58% a year, about 1.7 years per position

Low
Moderate
High

Top 5 positions30% of US stock

MRNA Moderna, Inc. trimmed+3.88 pp trimmed+3.889.5%
DASH DoorDash, Inc. Class A trimmed+1.25 pp trimmed+1.257.9%
SNOW Snowflake Inc. trimmed+0.71 pp trimmed+0.714.8%
DIS The Walt Disney Company trimmed+0.04 pp trimmed+0.044.0%
TSLA Tesla, Inc. trimmed−0.97 pp trimmed−0.973.5%

Positions77 in this filing · 14 exited


MRNAModerna, Inc.	9.47%	6,048,926	$2.3B	trimmed−2%	+3.88 pp	3 q
DASHDoorDash, Inc. Class A	7.92%	9,455,215	$1.9B	trimmed−2%	+1.25 pp	4 q
SNOWSnowflake Inc.	4.81%	3,911,074	$1.2B	trimmed−11%	+0.71 pp	5 q
DISThe Walt Disney Company	4.03%	5,850,227	$990M	trimmed−0%	+0.04 pp	9 q
TSLATesla, Inc.	3.55%	1,126,925	$874M	trimmed−34%	−0.97 pp	7 q
METAMeta Platforms, Inc. Class A	3.38%	2,445,357	$830M	trimmed−14%	−0.47 pp	33 q
BZKANZHUN LIMITED American Depository Shares	3.31%	23,063,530	$814M	added×22.4	+3.15 pp	2 q
PYPLPayPal Holdings, Inc.	3.07%	2,903,151	$755M	trimmed−22%	−1.14 pp	23 q
XYZBlock, Inc.	3.05%	3,124,271	$749M	trimmed−31%	−1.25 pp	10 q
AMZNAmazon.Com Inc	2.88%	215,653	$708M	trimmed−50%	−2.91 pp	34 q
SESea Limited	2.86%	2,204,307	$703M	trimmed−15%	+0.10 pp	10 q
MQMarqeta, Inc. Class A	2.49%	28,449,054	$612M	added×9.5	+2.16 pp	2 q
0C3Endeavor Group Hold-class A	2.43%	20,833,333	$597M	trimmed−17%	−0.25 pp	2 q
PATHUiPath, Inc.	2.43%	11,332,361	$596M	held	—	2 q
JDJD.com, Inc.	2.39%	8,148,654	$589M	added×9.4	+2.12 pp	2 q
UBERUber Technologies, Inc.	2.32%	12,738,797	$571M	trimmed−5%	−0.27 pp	10 q
NFLXNetFlix Inc	2.31%	931,252	$568M	trimmed−0%	+0.40 pp	34 q
TWLOTwilio Inc.	2.27%	1,749,944	$558M	trimmed−3%	−0.49 pp	3 q
RBLXRoblox Corporation	2.25%	7,315,535	$553M	added+13%	0.00 pp	2 q
ZMZoom Communications, Inc. Class A	2.06%	1,940,741	$508M	added+36%	−0.09 pp	7 q
CRWDCrowdStrike Holdings, Inc. Class A	1.83%	1,829,622	$450M	trimmed−1%	+0.03 pp	7 q
ZZillow Group, Inc. Class C	1.71%	4,756,444	$419M	trimmed−2%	−0.58 pp	5 q
RUNSunrun Inc	1.70%	9,507,942	$418M	trimmed−44%	−1.99 pp	5 q
CFLTConfluent, Inc. Class A	1.68%	7,147,939	$413M	added×4.1	+1.36 pp	2 q
PTONPeloton Interactive, Inc. Class A	1.49%	4,196,416	$365M	trimmed−11%	−0.78 pp	8 q
SHOPShopify Inc. Class A subordinate voting shares	1.45%	262,618	$356M	trimmed−37%	−0.90 pp	18 q
GHGuardant Health, Inc.	1.43%	2,805,273	$351M	added+5%	+0.15 pp	10 q
XPEVXPeng Inc.	1.39%	9,643,583	$343M	trimmed−7%	−0.40 pp	4 q
DIDIYDidi Global Inc S/	1.23%	40,485,696	$301M	held	—	2 q
MSFTMicrosoft Corp	1.19%	1,040,142	$293M	new	+1.19 pp	new
BNTXBioNTech SE	1.15%	1,033,985	$282M	trimmed−16%	+0.08 pp	3 q
APIAgora, Inc.	1.13%	9,562,594	$277M	held	—	4 q
LRCXLam Research Corp	0.94%	407,871	$232M	trimmed−30%	−0.52 pp	2 q
GPNGlobal Payments, Inc.	0.83%	1,293,332	$204M	held	—	10 q
BBWIBath & Body Works, Inc.	0.82%	3,214,424	$203M	held	—	5 q
PINSPinterest, Inc. Class A	0.77%	3,723,441	$190M	held	—	5 q
PODDInsulet Corporation	0.68%	586,401	$167M	trimmed−0%	+0.05 pp	9 q
DDLDingdong (Cayman) Limited	0.65%	7,029,666	$161M	added×36.0	+0.62 pp	2 q
NUANNuance Communications, Inc.	0.64%	2,837,482	$156M	trimmed−79%	−2.20 pp	5 q
AVGOBroadcom Inc.	0.63%	317,584	$154M	held	—	14 q
BLNDBlend Labs, Inc.	0.60%	11,236,100	$147M	new	+0.60 pp	new
PLANAnaplan, Inc.	0.59%	2,382,943	$145M	trimmed−29%	−0.10 pp	12 q
ZGZillow Group Inc Class A	0.57%	1,568,047	$139M	trimmed−2%	−0.19 pp	5 q
AFRMAffirm Holdings, Inc. Class A	0.52%	1,082,269	$129M	new	+0.52 pp	new
BEKEKE Holdings Inc.	0.51%	6,891,039	$126M	new	+0.51 pp	new
OSCROscar Health, Inc.	0.44%	6,193,324	$108M	trimmed−2%	−0.09 pp	3 q
SNAPSnap Inc.	0.38%	1,271,497	$94M	added×8.2	+0.34 pp	4 q
unresolvedNikola Corp	0.33%	7,599,258	$81M	trimmed−21%	−0.34 pp	6 q
NVDANvidia Corp	0.33%	394,117	$82M	trimmed−52%	−0.30 pp	2 q
BILLBILL Holdings, Inc.	0.31%	289,074	$77M	trimmed−0%	+0.10 pp	3 q
CCIVLucid Group, Inc.	0.29%	2,814,924	$71M	new	+0.29 pp	new
PARAParamount Global-class B	0.27%	1,710,417	$68M	held	—	3 q
RLXRLX Technology Inc.	0.26%	14,205,740	$64M	held	—	3 q
SFIXStitch Fix, Inc. Class A	0.26%	1,623,700	$65M	held	—	4 q
VSXYVictorias Secret & Co.	0.24%	1,071,472	$59M	new	+0.24 pp	new
LILi Auto Inc.	0.20%	1,901,616	$50M	added+37%	+0.01 pp	5 q
DXCMDexCom, Inc.	0.11%	50,376	$28M	trimmed−1%	+0.03 pp	6 q
NTLAIntellia Therapeutics, Inc	0.11%	208,000	$28M	new	+0.11 pp	new
DDD3D Systems Corporation	0.11%	961,067	$26M	held	—	3 q
ABSIAbsci Corporation	0.09%	1,859,478	$22M	new	+0.09 pp	new
unresolvedSingular Genomics Systems In	0.09%	2,119,614	$23M	held	—	2 q
LSPDLightspeed Commerce Inc.	0.08%	200,099	$19M	trimmed−40%	−0.03 pp	4 q
unresolvedRibbit Leap Ltd	0.08%	1,830,000	$19M	held	—	5 q
CRBUCaribou Biosciences, Inc.	0.07%	700,000	$17M	new	+0.07 pp	new
QSQuantumScape Corporation Class A	0.07%	672,447	$17M	trimmed−34%	−0.05 pp	3 q
HOODRobinhood Markets, Inc. Class A	0.07%	432,287	$18M	new	+0.07 pp	new
TOSTToast, Inc.	0.07%	352,000	$18M	new	+0.07 pp	new
DOCSDoximity, Inc.	0.06%	192,859	$16M	trimmed−20%	+0.01 pp	2 q
unresolvedSunlight Financial Holdings	0.06%	3,000,000	$16M	new	+0.06 pp	new
EAFGrafTech International Ltd.	0.05%	1,090,232	$11M	held	—	3 q
CVACCurevac NV	0.05%	205,213	$11M	added×2.0	+0.02 pp	2 q
MSDAUMsd Acquisition Corp	0.04%	953,649	$10M	trimmed−5%	0.00 pp	3 q
CCCCCC Intelligent Solutions Holdings Inc.	0.02%	500,000	$5M	new	+0.02 pp	new
MACThe Macerich Company	0.01%	85,238	$1M	held	—	3 q
RELYRemitly Global, Inc.	0.01%	75,403	$3M	new	+0.01 pp	new
SSYSStratasys Inc (ISRAEL)	0.01%	60,000	$1M	held	—	3 q
BABoeing Company	0.00%	1,400	$308,000	held	—	4 q
unresolvedChurchill Capital Corp IV	—	−3,526,049	—	exited	−0.39 pp	—
DDOGDatadog, Inc. Class A	—	−963,384	—	exited	−0.39 pp	—
unresolvedChargePoint Holdings Inc	—	−2,097,807	—	exited	−0.28 pp	—
AIC3.ai, Inc.	—	−778,451	—	exited	−0.19 pp	—
ROOTRoot, Inc. Class A	—	−4,548,046	—	exited	−0.19 pp	—
LMNDLemonade, Inc.	—	−431,835	—	exited	−0.18 pp	—
unresolvedLuminar Technologies Inc	—	−1,590,058	—	exited	−0.14 pp	—
unresolvedSkillz Inc	—	−1,624,674	—	exited	−0.14 pp	—
COINCoinbase Global, Inc. Class A	—	−94,664	—	exited	−0.09 pp	—
MVISMicrovision Inc	—	−1,265,268	—	exited	−0.08 pp	—
SOFISoFi Technologies, Inc.	—	−834,200	—	exited	−0.06 pp	—
INTUIntuit Inc	—	−26,314	—	exited	−0.05 pp	—
PAYOPayoneer Global Inc.	—	−1,200,000	—	exited	−0.05 pp	—
LZLegalZoom.com, Inc.	—	−20,281	—	exited	0.00 pp	—