Coatue

Q3 2022 13F · by Philippe Laffont, founder

As of: Sep 30, 2022
Filed: Nov 10, 2022
US stock: $8.6B · prev $8.3B
Positions: 84 · 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%

Moves76 since the prior filing

+21.7 pp in · −20.6 pp out

New 16 +7.57 pp
Added 18 +14.10 pp
Trimmed 29 −16.74 pp
Exited 13 −3.81 pp

The book

Focused · behaves like 24 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 73% a year, about 1.4 years per position

Low
Moderate
High

Top 5 positions36% of US stock

TSLA Tesla, Inc. trimmed−0.56 pp trimmed−0.5610.9%
MRNA Moderna, Inc. added−2.03 pp added−2.037.8%
RIVN Rivian Automotive, Inc. Class A added+1.61 pp added+1.617.5%
UBER Uber Technologies, Inc. added+2.60 pp added+2.605.1%
NVDA Nvidia Corp added+4.68 pp added+4.684.8%

Positions84 in this filing · 13 exited


TSLATesla, Inc.	10.92%	3,546,074	$941M	trimmed−16%	−0.56 pp	11 q
MRNAModerna, Inc.	7.83%	5,706,504	$675M	added0%	−2.03 pp	7 q
RIVNRivian Automotive, Inc. Class A	7.49%	19,597,621	$645M	added+4%	+1.61 pp	4 q
UBERUber Technologies, Inc.	5.12%	16,628,166	$441M	added+63%	+2.60 pp	14 q
NVDANvidia Corp	4.77%	3,384,288	$411M	added×68.5	+4.68 pp	6 q
PYPLPayPal Holdings, Inc.	4.69%	4,691,346	$404M	added×3.8	+3.66 pp	27 q
AMZNAmazon.Com Inc	4.24%	3,233,243	$365M	trimmed−22%	−1.05 pp	38 q
ENPHEnphase Energy, Inc.	3.87%	1,201,119	$333M	trimmed−12%	+0.64 pp	3 q
0C3Endeavor Group Hold-class A	3.74%	15,902,376	$322M	trimmed−6%	−0.48 pp	6 q
DISThe Walt Disney Company	3.39%	3,096,961	$292M	held	—	13 q
NFLXNetFlix Inc	3.18%	1,162,596	$274M	trimmed−6%	+0.56 pp	38 q
XYZBlock, Inc.	3.18%	4,980,324	$274M	added+3%	−0.40 pp	14 q
METAMeta Platforms, Inc. Class A	2.42%	1,537,074	$209M	trimmed−28%	−1.74 pp	37 q
LRCXLam Research Corp	2.06%	485,291	$178M	new	+2.06 pp	new
VVISA Inc.	1.89%	917,311	$163M	added+45%	+0.38 pp	4 q
JDJD.com, Inc.	1.65%	2,821,237	$142M	trimmed−56%	−3.31 pp	6 q
AVGOBroadcom Inc.	1.64%	317,584	$141M	held	—	18 q
DASHDoorDash, Inc. Class A	1.62%	2,819,599	$139M	added×3.0	+0.89 pp	8 q
ADBEAdobe Inc.	1.27%	396,474	$109M	new	+1.27 pp	new
BBWIBath & Body Works, Inc.	1.22%	3,214,424	$105M	held	—	9 q
CRWDCrowdStrike Holdings, Inc. Class A	1.17%	611,850	$101M	held	—	11 q
MSFTMicrosoft Corp	1.17%	433,677	$101M	trimmed−65%	−2.70 pp	5 q
GTLBGitLab Inc. Class A	0.96%	1,610,357	$82M	held	—	4 q
SNOWSnowflake Inc.	0.96%	486,583	$83M	trimmed−40%	−0.41 pp	9 q
ZZillow Group, Inc. Class C	0.78%	2,358,800	$67M	held	—	9 q
SHOPShopify Inc. Class A subordinate voting shares	0.77%	2,465,610	$66M	added×7.7	+0.65 pp	2 q
BEKEKE Holdings Inc.	0.71%	3,466,016	$61M	trimmed−31%	−0.39 pp	5 q
ZMZoom Communications, Inc. Class A	0.71%	826,394	$61M	added×39.8	+0.68 pp	11 q
PINSPinterest, Inc. Class A	0.68%	2,531,352	$59M	trimmed−20%	−0.01 pp	9 q
BNTXBioNTech SE	0.66%	421,590	$57M	held	—	7 q
ABNBAirbnb, Inc. Class A	0.64%	526,505	$55M	new	+0.64 pp	new
MNDYmonday.com Ltd.	0.62%	469,309	$53M	held	—	2 q
CCIVLucid Group, Inc.	0.60%	3,675,263	$51M	trimmed−51%	−0.94 pp	3 q
EFXEquifax, Incorporated	0.59%	295,362	$51M	held	—	2 q
INTUIntuit Inc	0.59%	130,700	$51M	new	+0.59 pp	new
AMDAdvanced Micro Devices	0.58%	792,899	$50M	new	+0.58 pp	new
PATHUiPath, Inc.	0.58%	3,956,371	$50M	trimmed−7%	−0.35 pp	2 q
NXPINXP Semiconductors N.V.	0.58%	341,106	$50M	new	+0.58 pp	new
WDAYWorkday, Inc. Class A	0.57%	324,285	$49M	added×4.0	+0.43 pp	2 q
DOCUDocuSign, Inc.	0.54%	866,044	$46M	added+72%	+0.19 pp	3 q
SESea Limited	0.54%	822,795	$46M	trimmed−11%	−0.21 pp	14 q
MRVLMarvell Technology, Inc.	0.53%	1,071,715	$46M	new	+0.53 pp	new
AMATApplied Materials Inc	0.49%	517,114	$42M	new	+0.49 pp	new
PANWPalo Alto Networks, Inc.	0.49%	258,460	$42M	trimmed−10%	−0.08 pp	3 q
TCOMTrip.com Group Limited	0.48%	1,501,694	$41M	added+69%	+0.18 pp	2 q
DDOGDatadog, Inc. Class A	0.47%	459,810	$41M	trimmed−45%	−0.50 pp	2 q
SOFISoFi Technologies, Inc.	0.47%	8,266,520	$40M	trimmed−43%	−0.46 pp	2 q
PTONPeloton Interactive, Inc. Class A	0.43%	5,359,867	$37M	added+90%	+0.12 pp	12 q
UPSTUpstart Holdings, Inc.	0.40%	1,664,843	$35M	trimmed−30%	−0.50 pp	2 q
CFLTConfluent, Inc. Class A	0.38%	1,372,773	$33M	added+61%	+0.14 pp	2 q
PARAParamount Global-class B	0.36%	1,616,702	$31M	trimmed−26%	−0.29 pp	7 q
GNRCGenerac Holdings Inc	0.32%	157,005	$28M	new	+0.32 pp	new
DDLDingdong (Cayman) Limited	0.29%	7,029,666	$25M	held	—	6 q
MELIMercado Libre, Inc	0.28%	29,529	$24M	held	—	2 q
QSQuantumScape Corporation Class A	0.28%	2,847,240	$24M	trimmed−9%	−0.04 pp	7 q
PDDPDD Holdings Inc.	0.27%	365,897	$23M	added×11.0	+0.25 pp	2 q
SYNASynaptics Inc	0.27%	234,521	$23M	held	—	2 q
VSXYVictorias Secret & Co.	0.27%	812,402	$24M	trimmed−24%	−0.09 pp	5 q
ZGZillow Group Inc Class A	0.23%	691,885	$20M	held	—	9 q
BABAAlibaba Group Holding Limited	0.19%	205,217	$16M	trimmed−88%	−2.08 pp	4 q
RNGRingcentral, Inc.	0.19%	411,351	$16M	held	—	3 q
SPAQFisker Inc	0.16%	1,854,445	$14M	trimmed−18%	−0.07 pp	2 q
ASMLASML Holding NV	0.15%	31,972	$13M	new	+0.15 pp	new
SNAPSnap Inc.	0.13%	1,106,403	$11M	trimmed−46%	−0.19 pp	2 q
unresolvedNikola Corp	0.12%	3,017,419	$11M	trimmed−59%	−0.31 pp	10 q
NVAXNovavax Inc	0.12%	547,555	$10M	trimmed−56%	−0.65 pp	3 q
BZKANZHUN LIMITED American Depository Shares	0.11%	579,529	$10M	added×3.7	+0.06 pp	2 q
TWLOTwilio Inc.	0.11%	135,000	$9M	new	+0.11 pp	new
OKTAOkta, Inc. Class A	0.10%	150,000	$9M	new	+0.10 pp	new
BYNDBeyond Meat, Inc.	0.08%	490,640	$7M	held	—	3 q
HTZWWHertz Global Holdings	0.08%	762,095	$7M	held	—	4 q
unresolvedAmc Entmt Hldgs Inc	0.06%	751,238	$5M	trimmed−47%	−0.17 pp	3 q
GMEGameStop Corp. Class A	0.06%	218,788	$5M	held	—	3 q
MLCOMelco Resorts & Entertainment Limited	0.06%	738,547	$5M	new	+0.06 pp	new
unresolvedSingular Genomics Systems In	0.06%	2,119,614	$5M	held	—	6 q
SFIXStitch Fix, Inc. Class A	0.06%	1,342,810	$5M	held	—	8 q
HCPHashiCorp, Inc. Class A	0.05%	121,469	$4M	trimmed−85%	−0.24 pp	2 q
LYFTLyft, Inc. Class A	0.05%	320,000	$4M	new	+0.05 pp	new
APIAgora, Inc.	0.04%	896,956	$3M	trimmed−55%	−0.12 pp	8 q
CVNACarvana Co.	0.04%	173,800	$4M	held	—	2 q
FTCHQFarfetch Limited A	0.03%	323,258	$2M	new	+0.03 pp	new
HTZHertz Global Holdings, Inc	0.02%	106,823	$2M	held	—	3 q
GRABGrab Holdings Limited Class A	0.02%	679,103	$2M	added+70%	+0.01 pp	2 q
FRSHFreshworks Inc. Class A	0.01%	38,808	$503,000	new	+0.01 pp	new
VEEVVeeva Systems Inc.	—	−400,521	—	exited	−0.96 pp	—
XPEVXPeng Inc.	—	−2,265,669	—	exited	−0.87 pp	—
WSMWilliams-Sonoma, Inc.	—	−315,147	—	exited	−0.42 pp	—
LILi Auto Inc.	—	−887,794	—	exited	−0.41 pp	—
DNAGinkgo Bioworks Holdings, Inc.	—	−7,937,724	—	exited	−0.23 pp	—
unresolvedRibbit Leap Ltd	—	−1,830,000	—	exited	−0.22 pp	—
GDSGDS Holdings Limited	—	−439,039	—	exited	−0.18 pp	—
CRMSalesforce, Inc.	—	−68,948	—	exited	−0.14 pp	—
HTHTH World Group Limited	—	−260,017	—	exited	−0.12 pp	—
RUNSunrun Inc	—	−435,335	—	exited	−0.12 pp	—
RBLXRoblox Corporation	—	−173,102	—	exited	−0.07 pp	—
LVSLas Vegas Sands Corp.	—	−100,000	—	exited	−0.04 pp	—
DXCMDexCom, Inc.	—	−38,052	—	exited	−0.03 pp	—