Coatue

Q1 2022 13F · by Philippe Laffont, founder

As of: Mar 31, 2022
Filed: May 13, 2022
US stock: $13.7B · prev $22.6B
Positions: 58 · prev 81
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%

Moves85 since the prior filing

+29.1 pp in · −30.0 pp out

New 12 +3.56 pp
Added 20 +25.58 pp
Trimmed 18 −8.32 pp
Exited 35 −21.64 pp

The book

Concentrated · behaves like 18 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 80% a year, about 1.2 years per position

Low
Moderate
High

Top 5 positions43% of US stock

TSLA Tesla, Inc. added+5.11 pp added+5.1112.0%
RIVN Rivian Automotive, Inc. Class A trimmed−4.87 pp trimmed−4.8711.3%
MRNA Moderna, Inc. added+3.90 pp added+3.908.7%
XYZ Block, Inc. added+3.91 pp added+3.915.9%
META Meta Platforms, Inc. Class A added+1.02 pp added+1.024.5%

Positions58 in this filing · 35 exited


TSLATesla, Inc.	12.04%	1,528,055	$1.6B	added+3%	+5.11 pp	9 q
RIVNRivian Automotive, Inc. Class A	11.33%	30,839,190	$1.5B	trimmed−12%	−4.87 pp	2 q
MRNAModerna, Inc.	8.73%	6,928,147	$1.2B	added+62%	+3.90 pp	5 q
XYZBlock, Inc.	5.86%	5,903,194	$800M	added×2.2	+3.91 pp	12 q
METAMeta Platforms, Inc. Class A	4.55%	2,797,896	$622M	added+18%	+1.02 pp	35 q
DASHDoorDash, Inc. Class A	4.53%	5,280,472	$619M	added+80%	+2.59 pp	6 q
SNOWSnowflake Inc.	4.41%	2,632,031	$603M	added+26%	+1.26 pp	7 q
MSFTMicrosoft Corp	4.33%	1,921,041	$592M	trimmed−2%	+1.39 pp	3 q
NFLXNetFlix Inc	3.94%	1,438,956	$539M	added+55%	+1.45 pp	36 q
VVISA Inc.	3.84%	2,365,558	$525M	added+5%	+1.68 pp	2 q
0C3Endeavor Group Hold-class A	3.68%	17,064,653	$504M	trimmed−4%	+0.92 pp	4 q
AMZNAmazon.Com Inc	3.61%	151,595	$494M	trimmed−43%	−0.34 pp	36 q
DISThe Walt Disney Company	3.11%	3,096,961	$425M	trimmed−47%	−0.87 pp	11 q
UBERUber Technologies, Inc.	2.36%	9,040,620	$323M	added+53%	+1.26 pp	12 q
SESea Limited	2.06%	2,351,130	$282M	added+8%	−0.11 pp	12 q
PTONPeloton Interactive, Inc. Class A	1.66%	8,614,159	$228M	added×19.7	+1.59 pp	10 q
RBLXRoblox Corporation	1.62%	4,792,393	$222M	added+62%	+0.26 pp	4 q
JDJD.com, Inc.	1.57%	3,712,471	$215M	trimmed−48%	−0.65 pp	4 q
PYPLPayPal Holdings, Inc.	1.47%	1,737,691	$201M	trimmed−33%	−0.70 pp	25 q
AVGOBroadcom Inc.	1.46%	317,584	$200M	held	—	16 q
NVDANvidia Corp	1.26%	630,575	$172M	trimmed−47%	−0.28 pp	4 q
DOCUDocuSign, Inc.	1.15%	1,463,956	$157M	new	+1.15 pp	new
BBWIBath & Body Works, Inc.	1.12%	3,214,424	$154M	held	—	7 q
CRWDCrowdStrike Holdings, Inc. Class A	1.02%	611,850	$139M	trimmed−44%	+0.02 pp	9 q
ZZillow Group, Inc. Class C	0.85%	2,358,800	$116M	added+81%	+0.48 pp	7 q
GTLBGitLab Inc. Class A	0.64%	1,610,357	$88M	trimmed−18%	−0.11 pp	2 q
PARAParamount Global-class B	0.60%	2,180,711	$82M	added×2.5	+0.49 pp	5 q
unresolvedNikola Corp	0.58%	7,389,005	$79M	held	—	8 q
XPEVXPeng Inc.	0.57%	2,822,928	$78M	trimmed−18%	−0.20 pp	6 q
CCIVLucid Group, Inc.	0.55%	2,969,252	$75M	new	+0.55 pp	new
BNTXBioNTech SE	0.53%	421,590	$72M	trimmed−60%	−0.68 pp	5 q
NVAXNovavax Inc	0.48%	883,446	$65M	new	+0.48 pp	new
RUNSunrun Inc	0.48%	2,179,473	$66M	trimmed−45%	−0.12 pp	7 q
PINSPinterest, Inc. Class A	0.46%	2,531,352	$62M	added×2.1	+0.27 pp	7 q
PANWPalo Alto Networks, Inc.	0.44%	95,640	$60M	new	+0.44 pp	new
VSXYVictorias Secret & Co.	0.40%	1,071,472	$55M	held	—	3 q
BEKEKE Holdings Inc.	0.32%	3,590,882	$44M	trimmed−70%	−0.76 pp	3 q
BABAAlibaba Group Holding Limited	0.25%	314,245	$34M	added+75%	+0.16 pp	2 q
ZGZillow Group Inc Class A	0.24%	691,885	$33M	added+46%	+0.11 pp	7 q
ENPHEnphase Energy, Inc.	0.22%	151,274	$31M	new	+0.22 pp	new
AMDAdvanced Micro Devices	0.21%	268,599	$29M	new	+0.21 pp	new
BYNDBeyond Meat, Inc.	0.18%	504,305	$24M	new	+0.18 pp	new
DDLDingdong (Cayman) Limited	0.18%	7,029,666	$25M	held	—	4 q
APIAgora, Inc.	0.14%	1,992,568	$20M	added+82%	+0.06 pp	6 q
unresolvedRibbit Leap Ltd	0.13%	1,830,000	$18M	held	—	7 q
QSQuantumScape Corporation Class A	0.10%	672,447	$13M	held	—	5 q
unresolvedSingular Genomics Systems In	0.10%	2,119,614	$13M	held	—	4 q
SFIXStitch Fix, Inc. Class A	0.10%	1,342,810	$14M	added×3.4	+0.07 pp	6 q
unresolvedAmc Entmt Hldgs Inc	0.09%	519,524	$13M	new	+0.09 pp	new
RNGRingcentral, Inc.	0.09%	101,965	$12M	new	+0.09 pp	new
GMEGameStop Corp. Class A	0.07%	54,697	$9M	new	+0.07 pp	new
GDSGDS Holdings Limited	0.06%	202,112	$8M	new	+0.06 pp	new
HTZWWHertz Global Holdings	0.06%	557,397	$9M	added+10%	+0.02 pp	2 q
LILi Auto Inc.	0.05%	277,713	$7M	trimmed−89%	−0.29 pp	7 q
DXCMDexCom, Inc.	0.04%	9,513	$5M	trimmed−68%	−0.03 pp	8 q
HTZHertz Global Holdings, Inc	0.02%	106,823	$2M	new	+0.02 pp	new
ZMZoom Communications, Inc. Class A	0.02%	20,770	$2M	trimmed−98%	−0.76 pp	9 q
MSDAUMsd Acquisition Corp	0.02%	225,649	$2M	trimmed−14%	+0.01 pp	5 q
BZKANZHUN LIMITED American Depository Shares	—	−23,074,632	—	exited	−3.57 pp	—
LRCXLam Research Corp	—	−860,025	—	exited	−2.74 pp	—
PFEPfizer Inc.	—	−10,311,917	—	exited	−2.70 pp	—
CFLTConfluent, Inc. Class A	—	−6,472,072	—	exited	−2.19 pp	—
SHOPShopify Inc. Class A subordinate voting shares	—	−233,490	—	exited	−1.43 pp	—
AMATApplied Materials Inc	—	−1,889,195	—	exited	−1.32 pp	—
MAMastercard Incorporated	—	−777,508	—	exited	−1.24 pp	—
DIDIYDidi Global Inc S/	—	−40,485,696	—	exited	−0.89 pp	—
GPNGlobal Payments, Inc.	—	−1,293,332	—	exited	−0.78 pp	—
PODDInsulet Corporation	—	−505,697	—	exited	−0.60 pp	—
SNAPSnap Inc.	—	−2,419,342	—	exited	−0.50 pp	—
PLANAnaplan, Inc.	—	−2,382,943	—	exited	−0.48 pp	—
TSMTaiwan Semiconductor Manufacturing Company Ltd.	—	−858,277	—	exited	−0.46 pp	—
FSLYFastly, Inc. Class A	—	−2,633,645	—	exited	−0.41 pp	—
AFRMAffirm Holdings, Inc. Class A	—	−866,820	—	exited	−0.39 pp	—
BLNDBlend Labs, Inc.	—	−11,236,100	—	exited	−0.37 pp	—
BILLBILL Holdings, Inc.	—	−289,074	—	exited	−0.32 pp	—
AIYActivision Blizzard Inc	—	−900,000	—	exited	−0.27 pp	—
HUBSHubspot, Inc.	—	−67,523	—	exited	−0.20 pp	—
GHGuardant Health, Inc.	—	−261,603	—	exited	−0.12 pp	—
FUTUFutu Holdings Limited	—	−511,801	—	exited	−0.10 pp	—
APPNAppian Corporation Class A	—	−299,180	—	exited	−0.09 pp	—
unresolvedSunlight Financial Holdings	—	−2,795,237	—	exited	−0.06 pp	—
ABSIAbsci Corporation	—	−1,483,667	—	exited	−0.05 pp	—
DDOGDatadog, Inc. Class A	—	−62,193	—	exited	−0.05 pp	—
NTLAIntellia Therapeutics, Inc	—	−101,762	—	exited	−0.05 pp	—
TOSTToast, Inc.	—	−341,949	—	exited	−0.05 pp	—
CRBUCaribou Biosciences, Inc.	—	−557,669	—	exited	−0.04 pp	—
LSPDLightspeed Commerce Inc.	—	−248,572	—	exited	−0.04 pp	—
OSCROscar Health, Inc.	—	−964,585	—	exited	−0.03 pp	—
PDDPDD Holdings Inc.	—	−132,971	—	exited	−0.03 pp	—
MQMarqeta, Inc. Class A	—	−315,121	—	exited	−0.02 pp	—
TCOMTrip.com Group Limited	—	−160,231	—	exited	−0.02 pp	—
TWLOTwilio Inc.	—	−17,609	—	exited	−0.02 pp	—
TWTRTwitter, Inc.	—	−34,753	—	exited	−0.01 pp	—