Coatue

Q2 2024 13F · by Philippe Laffont, founder

As of: Jun 30, 2024
Filed: Aug 13, 2024
US stock: $25.7B · prev $25.5B
Positions: 74 · prev 91
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%

Moves81 since the prior filing

+16.3 pp in · −16.2 pp out

New 7 +4.23 pp
Added 20 +12.09 pp
Trimmed 30 −9.50 pp
Exited 24 −6.73 pp

The book

Focused · behaves like 23 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 50% a year, about 2.0 years per position

Low
Moderate
High

Top 5 positions37% of US stock

META Meta Platforms, Inc. Class A trimmed−0.01 pp trimmed−0.018.2%
AMZN Amazon.Com Inc added+0.98 pp added+0.988.1%
TSM Taiwan Semiconductor Manufacturing Company Ltd. added+2.19 pp added+2.197.7%
NVDA Nvidia Corp trimmed+1.70 pp trimmed+1.706.6%
MSFT Microsoft Corp added+0.37 pp added+0.376.4%

Positions74 in this filing · 24 exited


METAMeta Platforms, Inc. Class A	8.21%	4,182,327	$2.1B	trimmed−3%	−0.01 pp	44 q
AMZNAmazon.Com Inc	8.10%	10,772,811	$2.1B	added+7%	+0.98 pp	45 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	7.71%	11,393,702	$2.0B	added+10%	+2.19 pp	6 q
NVDANvidia Corp	6.61%	13,754,447	$1.7B	trimmed−1%	+1.70 pp	13 q
MSFTMicrosoft Corp	6.44%	3,701,654	$1.7B	added+1%	+0.37 pp	12 q
ETNEaton Corporation, plc	5.22%	4,274,938	$1.3B	added+3%	+0.13 pp	5 q
QCOMQualcomm Inc	4.07%	5,243,140	$1.0B	added+43%	+1.64 pp	2 q
ADBEAdobe Inc.	3.99%	1,843,921	$1.0B	added+29%	+1.16 pp	8 q
AMDAdvanced Micro Devices	3.97%	6,279,158	$1.0B	trimmed−7%	−0.83 pp	8 q
DELLDell Technologies Inc.	3.93%	7,311,852	$1.0B	added+73%	+2.04 pp	2 q
CEGConstellation Energy Corporation	3.83%	4,907,885	$983M	added×2.4	+2.34 pp	2 q
VRTVertiv Holdings Co Class A	3.05%	9,042,912	$783M	trimmed−2%	+0.09 pp	5 q
NUNu Holdings Ltd.	2.97%	59,142,605	$762M	trimmed−6%	+0.03 pp	5 q
GEVGE Vernova Inc.	2.22%	3,332,031	$571M	new	+2.22 pp	new
GOOGLAlphabet Inc. Class A	1.96%	2,764,509	$504M	trimmed−38%	−0.69 pp	7 q
CRMSalesforce, Inc.	1.91%	1,907,872	$491M	trimmed−59%	−3.64 pp	3 q
LRCXLam Research Corp	1.90%	457,443	$487M	added+3%	+0.21 pp	8 q
ISRGIntuitive Surgical Inc.	1.78%	1,027,054	$457M	trimmed−20%	−0.22 pp	4 q
AVGOBroadcom Inc.	1.77%	283,436	$455M	trimmed−32%	−0.40 pp	2 q
APHAmphenol Corporation	1.63%	6,211,919	$418M	new	+1.63 pp	new
NFLXNetFlix Inc	1.61%	612,323	$413M	trimmed−42%	−0.91 pp	45 q
FCNCAFirst Citizens BancShares Inc	1.37%	208,364	$351M	trimmed−27%	−0.47 pp	6 q
PYPLPayPal Holdings, Inc.	1.37%	6,065,510	$352M	trimmed−25%	−0.74 pp	34 q
VSTVistra Corp.	1.33%	3,985,377	$343M	added+24%	+0.45 pp	2 q
INTUIntuit Inc	1.28%	500,389	$329M	trimmed−3%	−0.03 pp	8 q
TSLATesla, Inc.	1.26%	1,638,353	$324M	trimmed−36%	−0.50 pp	18 q
UBERUber Technologies, Inc.	1.14%	4,041,892	$294M	held	—	21 q
EQIXEquinix, Inc.	1.05%	357,031	$270M	trimmed−13%	−0.28 pp	5 q
SHOPShopify Inc. Class A subordinate voting shares	0.96%	3,718,117	$246M	added+2%	−0.15 pp	4 q
APPApplovin Corporation Class A	0.74%	2,288,403	$190M	added+98%	+0.43 pp	7 q
LLYEli Lilly & Co.	0.73%	207,046	$187M	trimmed−15%	−0.01 pp	5 q
DPZDomino's Pizza Inc.	0.72%	356,629	$184M	trimmed−44%	−0.52 pp	3 q
CRWDCrowdStrike Holdings, Inc. Class A	0.71%	477,265	$183M	held	—	18 q
ASMLASML Holding NV	0.45%	113,431	$116M	trimmed−39%	−0.25 pp	2 q
GOOGAlphabet Inc. Class C	0.44%	616,984	$113M	trimmed−47%	−0.26 pp	4 q
ENPHEnphase Energy, Inc.	0.37%	960,700	$96M	trimmed−3%	−0.10 pp	2 q
DOCUDocuSign, Inc.	0.30%	1,422,245	$76M	trimmed−69%	−0.76 pp	3 q
GNRCGenerac Holdings Inc	0.29%	559,911	$74M	added+17%	+0.05 pp	8 q
NEENextEra Energy, Inc.	0.29%	1,066,083	$75M	added+36%	+0.09 pp	3 q
PINSPinterest, Inc. Class A	0.29%	1,678,764	$74M	added+5%	+0.07 pp	16 q
SESea Limited	0.19%	678,308	$48M	held	—	2 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.19%	97,435	$50M	new	+0.19 pp	new
PDDPDD Holdings Inc.	0.16%	307,701	$41M	trimmed−66%	−0.25 pp	9 q
PARAParamount Global-class B	0.15%	3,678,056	$38M	new	+0.15 pp	new
NVAXNovavax Inc	0.13%	2,624,915	$33M	added+73%	+0.10 pp	3 q
ZZillow Group, Inc. Class C	0.13%	739,700	$34M	added+5%	0.00 pp	16 q
PWRQuanta Services, Inc.	0.12%	124,075	$32M	trimmed−36%	−0.08 pp	2 q
PATHUiPath, Inc.	0.12%	2,436,400	$31M	held	—	9 q
BEKEKE Holdings Inc.	0.10%	1,877,536	$27M	trimmed−51%	−0.10 pp	12 q
QSQuantumScape Corporation Class A	0.09%	4,553,617	$22M	held	—	14 q
BABAAlibaba Group Holding Limited	0.08%	272,659	$20M	trimmed−10%	−0.01 pp	11 q
UPSTUpstart Holdings, Inc.	0.08%	870,947	$21M	held	—	9 q
ZGZillow Group Inc Class A	0.08%	482,271	$22M	added+5%	−0.01 pp	16 q
HCPHashiCorp, Inc. Class A	0.07%	511,741	$17M	held	—	9 q
RNGRingcentral, Inc.	0.05%	411,351	$12M	held	—	2 q
MPTMedical Properties Trust, Inc.	0.04%	2,524,429	$11M	trimmed−37%	−0.03 pp	4 q
NVCRNovoCure Limited	0.04%	608,672	$10M	held	—	5 q
FSLRFirst Solar, Inc.	0.03%	34,984	$8M	new	+0.03 pp	new
CCIVLucid Group, Inc.	0.03%	2,953,931	$8M	held	—	2 q
PTONPeloton Interactive, Inc. Class A	0.03%	2,500,000	$8M	held	—	2 q
unresolvedChargePoint Holdings Inc	0.02%	3,081,752	$5M	held	—	2 q
NVONovo-Nordisk A/S	0.02%	32,896	$5M	trimmed−89%	−0.13 pp	5 q
PLUGPlug Power Inc.	0.02%	2,606,524	$6M	trimmed−24%	−0.03 pp	2 q
BYNDBeyond Meat, Inc.	0.01%	343,393	$2M	held	—	6 q
HTZWWHertz Global Holdings	0.01%	644,294	$2M	held	—	6 q
BZKANZHUN LIMITED American Depository Shares	0.01%	165,647	$3M	trimmed−61%	−0.02 pp	9 q
NKLAQNikola Corp	0.01%	173,915	$1M	new	+0.01 pp	new
OLPXOlaplex Hldgs Inc	0.01%	1,264,968	$2M	held	—	5 q
SFIXStitch Fix, Inc. Class A	0.01%	790,167	$3M	added+31%	0.00 pp	6 q
AMCAmc Entertainment Holdings, Inc.	0.00%	228,136	$1M	held	—	2 q
APIAgora, Inc.	0.00%	435,510	$923,281	added+23%	0.00 pp	6 q
HTZHertz Global Holdings, Inc	0.00%	106,823	$377,085	held	—	2 q
JDJD.com, Inc.	0.00%	24,555	$634,501	trimmed−95%	−0.05 pp	13 q
SEDGSolarEdge Technologies, Inc.	0.00%	43,500	$1M	new	0.00 pp	new
CARTMaplebear Inc.	—	−10,277,443	—	exited	−1.50 pp	—
XYZBlock, Inc.	—	−2,290,763	—	exited	−0.76 pp	—
BURLBurlington Stores, Inc.	—	−805,892	—	exited	−0.73 pp	—
NOWServicenow, Inc.	—	−158,942	—	exited	−0.48 pp	—
PLTRPalantir Technologies Inc. Class A	—	−4,816,195	—	exited	−0.43 pp	—
DKNGDraftKings Inc. Class A	—	−2,296,623	—	exited	−0.41 pp	—
DHRDanaher Corporation	—	−334,127	—	exited	−0.33 pp	—
GMGeneral Motors Company	—	−1,546,994	—	exited	−0.28 pp	—
LILi Auto Inc.	—	−2,218,425	—	exited	−0.26 pp	—
KWEBKraneShares CSI China Internet ETF	—	−2,332,408	—	exited	−0.24 pp	—
AIC3.ai, Inc.	—	−2,084,198	—	exited	−0.22 pp	—
FXIiShares China Large-Cap ETF	—	−2,067,034	—	exited	−0.20 pp	—
NXPINXP Semiconductors N.V.	—	−188,526	—	exited	−0.18 pp	—
DASHDoorDash, Inc. Class A	—	−305,376	—	exited	−0.16 pp	—
ONON Semiconductor Corp	—	−560,315	—	exited	−0.16 pp	—
MNDYmonday.com Ltd.	—	−142,182	—	exited	−0.13 pp	—
TCOMTrip.com Group Limited	—	−337,099	—	exited	−0.06 pp	—
NTESNetEase, inc.	—	−104,188	—	exited	−0.04 pp	—
TALTAL Education Group	—	−849,164	—	exited	−0.04 pp	—
TMETencent Music Entertainment Group	—	−843,262	—	exited	−0.04 pp	—
BIDUBaidu, Inc.	—	−80,484	—	exited	−0.03 pp	—
HTHTH World Group Limited	—	−161,567	—	exited	−0.02 pp	—
unresolvedNikola Corp	—	−5,217,586	—	exited	−0.02 pp	—
CROXCrocs, Inc.	—	−19,419	—	exited	−0.01 pp	—