Coatue

Q4 2022 13F · by Philippe Laffont, founder

As of: Dec 31, 2022
Filed: Feb 13, 2023
US stock: $8.9B · prev $8.6B
Positions: 72 · prev 84
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%

Moves84 since the prior filing

+30.0 pp in · −30.4 pp out

New 12 +2.17 pp
Added 25 +27.80 pp
Trimmed 23 −22.09 pp
Exited 24 −8.31 pp

The book

Focused · behaves like 21 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 96% a year, about 1.0 years per position

Low
Moderate
High

Top 5 positions36% of US stock

MRNA Moderna, Inc. added+5.05 pp added+5.0512.9%
NVDA Nvidia Corp added+2.83 pp added+2.837.6%
TSLA Tesla, Inc. added−5.10 pp added−5.105.8%
META Meta Platforms, Inc. Class A added+2.68 pp added+2.685.1%
BABA Alibaba Group Holding Limited added+4.75 pp added+4.754.9%

Positions72 in this filing · 24 exited


MRNAModerna, Inc.	12.88%	6,393,565	$1.1B	added+12%	+5.05 pp	8 q
NVDANvidia Corp	7.60%	4,638,632	$678M	added+37%	+2.83 pp	7 q
TSLATesla, Inc.	5.82%	4,211,024	$519M	added+19%	−5.10 pp	12 q
METAMeta Platforms, Inc. Class A	5.10%	3,774,598	$454M	added×2.5	+2.68 pp	38 q
BABAAlibaba Group Holding Limited	4.94%	5,001,403	$441M	added×24.4	+4.75 pp	5 q
AMZNAmazon.Com Inc	4.63%	4,909,183	$412M	added+52%	+0.39 pp	39 q
NFLXNetFlix Inc	4.42%	1,335,678	$394M	added+15%	+1.24 pp	39 q
ADBEAdobe Inc.	4.39%	1,161,834	$391M	added×2.9	+3.12 pp	2 q
MSFTMicrosoft Corp	4.25%	1,578,325	$379M	added×3.6	+3.08 pp	6 q
AMDAdvanced Micro Devices	4.10%	5,638,479	$365M	added×7.1	+3.52 pp	2 q
XYZBlock, Inc.	3.79%	5,373,446	$338M	added+8%	+0.61 pp	15 q
0C3Endeavor Group Hold-class A	3.58%	14,155,931	$319M	trimmed−11%	−0.16 pp	7 q
ENPHEnphase Energy, Inc.	3.39%	1,139,372	$302M	trimmed−5%	−0.48 pp	4 q
JDJD.com, Inc.	2.55%	4,042,789	$227M	added+43%	+0.90 pp	7 q
LRCXLam Research Corp	2.27%	480,680	$202M	trimmed−1%	+0.21 pp	2 q
AVGOBroadcom Inc.	1.99%	317,584	$178M	held	—	19 q
RIVNRivian Automotive, Inc. Class A	1.72%	8,331,192	$154M	trimmed−57%	−5.77 pp	5 q
DOCUDocuSign, Inc.	1.70%	2,741,965	$152M	added×3.2	+1.16 pp	4 q
INTUIntuit Inc	1.65%	377,032	$147M	added×2.9	+1.06 pp	2 q
DASHDoorDash, Inc. Class A	1.53%	2,791,734	$136M	trimmed−1%	−0.09 pp	9 q
BBWIBath & Body Works, Inc.	1.52%	3,214,424	$135M	held	—	10 q
PYPLPayPal Holdings, Inc.	1.28%	1,604,338	$114M	trimmed−66%	−3.41 pp	28 q
BNTXBioNTech SE	1.04%	618,231	$93M	added+47%	+0.38 pp	8 q
UBERUber Technologies, Inc.	1.02%	3,692,676	$91M	trimmed−78%	−4.10 pp	15 q
PTONPeloton Interactive, Inc. Class A	0.87%	9,759,686	$77M	added+82%	+0.44 pp	13 q
AMATApplied Materials Inc	0.82%	750,711	$73M	added+45%	+0.33 pp	2 q
GTLBGitLab Inc. Class A	0.82%	1,610,357	$73M	held	—	5 q
EFXEquifax, Incorporated	0.64%	295,362	$57M	held	—	3 q
CHTRCharter Comm Inc Del CL A New	0.63%	166,054	$56M	new	+0.63 pp	new
NXPINXP Semiconductors N.V.	0.60%	341,106	$54M	held	—	2 q
OKTAOkta, Inc. Class A	0.59%	771,743	$53M	added×5.1	+0.49 pp	2 q
PDDPDD Holdings Inc.	0.59%	647,141	$53M	added+77%	+0.32 pp	3 q
MRVLMarvell Technology, Inc.	0.45%	1,071,715	$40M	held	—	2 q
GNRCGenerac Holdings Inc	0.43%	376,605	$38M	added×2.4	+0.11 pp	2 q
SOFISoFi Technologies, Inc.	0.43%	8,266,520	$38M	held	—	3 q
ZZillow Group, Inc. Class C	0.43%	1,179,400	$38M	trimmed−50%	−0.35 pp	10 q
TWLOTwilio Inc.	0.37%	679,903	$33M	added×5.0	+0.26 pp	2 q
GOOGLAlphabet Inc. Class A	0.36%	360,900	$32M	new	+0.36 pp	new
SNOWSnowflake Inc.	0.36%	223,080	$32M	trimmed−54%	−0.60 pp	10 q
PINSPinterest, Inc. Class A	0.34%	1,265,676	$31M	trimmed−50%	−0.34 pp	10 q
VSXYVictorias Secret & Co.	0.33%	812,402	$29M	held	—	6 q
LILi Auto Inc.	0.32%	1,415,082	$29M	new	+0.32 pp	new
SIVBQSvb Financial Group	0.29%	111,447	$26M	new	+0.29 pp	new
MELIMercado Libre, Inc	0.28%	29,529	$25M	held	—	3 q
BEKEKE Holdings Inc.	0.27%	1,707,768	$24M	trimmed−51%	−0.44 pp	6 q
SYNASynaptics Inc	0.25%	234,521	$22M	held	—	3 q
PATHUiPath, Inc.	0.25%	1,721,882	$22M	trimmed−56%	−0.33 pp	3 q
CFLTConfluent, Inc. Class A	0.24%	964,582	$21M	trimmed−30%	−0.14 pp	3 q
RUNSunrun Inc	0.23%	835,195	$20M	new	+0.23 pp	new
TCOMTrip.com Group Limited	0.16%	404,477	$14M	trimmed−73%	−0.32 pp	3 q
ZGZillow Group Inc Class A	0.15%	419,229	$13M	trimmed−39%	−0.08 pp	10 q
unresolvedAmc Entmt Hldgs Inc	0.14%	3,030,498	$12M	added×4.0	+0.08 pp	4 q
DISThe Walt Disney Company	0.14%	146,961	$13M	trimmed−95%	−3.25 pp	14 q
MLCOMelco Resorts & Entertainment Limited	0.13%	988,981	$11M	added+34%	+0.07 pp	2 q
UPSTUpstart Holdings, Inc.	0.12%	832,421	$11M	trimmed−50%	−0.28 pp	3 q
SNAPSnap Inc.	0.11%	1,106,403	$10M	held	—	3 q
BZKANZHUN LIMITED American Depository Shares	0.09%	413,611	$8M	trimmed−29%	−0.02 pp	3 q
GMEGameStop Corp. Class A	0.08%	378,581	$7M	added+73%	+0.02 pp	4 q
HTHTH World Group Limited	0.08%	168,375	$7M	new	+0.08 pp	new
PLUGPlug Power Inc.	0.07%	475,000	$6M	new	+0.07 pp	new
HCPHashiCorp, Inc. Class A	0.06%	209,600	$6M	added+73%	+0.01 pp	3 q
TALTAL Education Group	0.06%	703,173	$5M	new	+0.06 pp	new
EDUNew Oriental Education and Technology Group, Inc.	0.05%	134,939	$5M	new	+0.05 pp	new
unresolvedSingular Genomics Systems In	0.05%	2,119,614	$4M	held	—	7 q
APPApplovin Corporation Class A	0.04%	365,048	$4M	new	+0.04 pp	new
NVAXNovavax Inc	0.04%	304,059	$3M	trimmed−44%	−0.08 pp	4 q
SESea Limited	0.04%	60,020	$3M	trimmed−93%	−0.50 pp	15 q
CRWDCrowdStrike Holdings, Inc. Class A	0.03%	28,705	$3M	trimmed−95%	−1.14 pp	12 q
BIDUBaidu, Inc.	0.02%	15,526	$2M	new	+0.02 pp	new
GDSGDS Holdings Limited	0.02%	93,764	$2M	new	+0.02 pp	new
ASMLASML Holding NV	0.01%	1,364	$745,290	trimmed−96%	−0.14 pp	2 q
QSQuantumScape Corporation Class A	0.00%	24,305	$137,809	trimmed−99%	−0.28 pp	8 q
VVISA Inc.	—	−917,311	—	exited	−1.89 pp	—
SHOPShopify Inc. Class A subordinate voting shares	—	−2,465,610	—	exited	−0.77 pp	—
ZMZoom Communications, Inc. Class A	—	−826,394	—	exited	−0.71 pp	—
ABNBAirbnb, Inc. Class A	—	−526,505	—	exited	−0.64 pp	—
MNDYmonday.com Ltd.	—	−469,309	—	exited	−0.62 pp	—
CCIVLucid Group, Inc.	—	−3,675,263	—	exited	−0.60 pp	—
WDAYWorkday, Inc. Class A	—	−324,285	—	exited	−0.57 pp	—
PANWPalo Alto Networks, Inc.	—	−258,460	—	exited	−0.49 pp	—
DDOGDatadog, Inc. Class A	—	−459,810	—	exited	−0.47 pp	—
PARAParamount Global-class B	—	−1,616,702	—	exited	−0.36 pp	—
DDLDingdong (Cayman) Limited	—	−7,029,666	—	exited	−0.29 pp	—
RNGRingcentral, Inc.	—	−411,351	—	exited	−0.19 pp	—
SPAQFisker Inc	—	−1,854,445	—	exited	−0.16 pp	—
unresolvedNikola Corp	—	−3,017,419	—	exited	−0.12 pp	—
BYNDBeyond Meat, Inc.	—	−490,640	—	exited	−0.08 pp	—
HTZWWHertz Global Holdings	—	−762,095	—	exited	−0.08 pp	—
SFIXStitch Fix, Inc. Class A	—	−1,342,810	—	exited	−0.06 pp	—
LYFTLyft, Inc. Class A	—	−320,000	—	exited	−0.05 pp	—
APIAgora, Inc.	—	−896,956	—	exited	−0.04 pp	—
CVNACarvana Co.	—	−173,800	—	exited	−0.04 pp	—
FTCHQFarfetch Limited A	—	−323,258	—	exited	−0.03 pp	—
HTZHertz Global Holdings, Inc	—	−106,823	—	exited	−0.02 pp	—
GRABGrab Holdings Limited Class A	—	−679,103	—	exited	−0.02 pp	—
FRSHFreshworks Inc. Class A	—	−38,808	—	exited	−0.01 pp	—