Coatue

Q1 2026 13F · by Philippe Laffont, founder

As of: Mar 31, 2026
Filed: May 15, 2026
US stock: $29.1B · prev $40.0B
Positions: 62 · prev 52
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%

Moves73 since the prior filing

+19.8 pp in · −19.9 pp out

New 26 +9.04 pp
Added 9 +10.76 pp
Trimmed 22 −12.72 pp
Exited 16 −7.21 pp

The book

Concentrated · behaves like 20 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 42% a year, about 2.4 years per position

Low
Moderate
High

Top 5 positions38% of US stock

Positions62 in this filing · 16 exited


TSMTaiwan Semiconductor Manufacturing Company Ltd.	10.80%	9,283,547	$3.1B	added+8%	+4.24 pp	13 q
GEVGE Vernova Inc.	7.73%	2,572,358	$2.2B	trimmed−24%	+2.22 pp	8 q
LRCXLam Research Corp	7.39%	10,043,505	$2.1B	added+2%	+3.19 pp	15 q
AMATApplied Materials Inc	6.17%	5,248,202	$1.8B	trimmed−12%	+2.32 pp	3 q
AVGOBroadcom Inc.	5.86%	5,503,852	$1.7B	trimmed−0%	+1.09 pp	9 q
ETNEaton Corporation, plc	5.85%	4,748,498	$1.7B	added+1%	+2.09 pp	12 q
AMZNAmazon.Com Inc	5.68%	7,930,766	$1.7B	trimmed−20%	−0.06 pp	52 q
METAMeta Platforms, Inc. Class A	5.54%	2,812,056	$1.6B	trimmed−26%	−0.71 pp	51 q
CEGConstellation Energy Corporation	4.45%	4,632,475	$1.3B	trimmed−22%	−0.77 pp	9 q
GOOGLAlphabet Inc. Class A	4.27%	4,313,426	$1.2B	trimmed−37%	−1.09 pp	14 q
NVDANvidia Corp	3.80%	6,331,620	$1.1B	trimmed−31%	−0.50 pp	20 q
EQIXEquinix, Inc.	3.68%	1,090,886	$1.1B	new	+3.68 pp	new
MSFTMicrosoft Corp	3.16%	2,480,017	$918M	trimmed−52%	−3.10 pp	19 q
NFLXNetFlix Inc	2.28%	6,893,560	$663M	trimmed−37%	−0.27 pp	52 q
ASMLASML Holding NV	2.26%	496,234	$655M	new	+2.26 pp	new
SPOTSpotify Technology S.A.	2.20%	1,320,914	$641M	trimmed−46%	−1.36 pp	7 q
APPApplovin Corporation Class A	1.77%	1,290,008	$513M	trimmed−41%	−1.92 pp	14 q
NTRANatera, Inc.	1.75%	2,541,842	$508M	trimmed−3%	+0.24 pp	3 q
NUNu Holdings Ltd.	1.45%	29,333,576	$422M	trimmed−36%	−0.47 pp	12 q
ISRGIntuitive Surgical Inc.	1.36%	855,225	$394M	added+6%	+0.22 pp	11 q
RDDTReddit, Inc.	1.29%	2,789,891	$376M	trimmed−50%	−1.90 pp	6 q
GOOGAlphabet Inc. Class C	1.10%	1,115,885	$320M	trimmed−44%	−0.47 pp	3 q
SNPSSynopsys Inc	1.04%	761,760	$302M	trimmed−54%	−0.91 pp	3 q
FCNCAFirst Citizens BancShares Inc	0.90%	139,498	$263M	held	—	13 q
VRTVertiv Holdings Co Class A	0.85%	981,633	$246M	added+18%	+0.51 pp	2 q
VVISA Inc.	0.75%	718,753	$217M	new	+0.75 pp	new
CVNACarvana Co.	0.74%	681,000	$214M	trimmed−65%	−1.33 pp	5 q
CHYMChime Financial, Inc. Class A	0.65%	10,071,992	$189M	held	—	4 q
MTZMasTec, Inc.	0.65%	583,597	$188M	trimmed−14%	+0.28 pp	2 q
QCOMQualcomm Inc	0.61%	1,387,312	$179M	new	+0.61 pp	new
CAICaris Life Sciences, Inc.	0.60%	9,819,992	$176M	held	—	4 q
SOLSSolstice Advanced Materials Inc.	0.43%	1,654,589	$126M	new	+0.43 pp	new
CHRWC.H. Robinson Worldwide, Inc.	0.33%	573,010	$95M	added+68%	+0.19 pp	2 q
SFMSprouts Farmers Market, Inc.	0.32%	1,203,773	$93M	added×2.0	+0.20 pp	2 q
DASHDoorDash, Inc. Class A	0.29%	551,808	$83M	trimmed−87%	−2.18 pp	7 q
GNRCGenerac Holdings Inc	0.26%	390,513	$76M	added+6%	+0.13 pp	2 q
ENPHEnphase Energy, Inc.	0.21%	1,647,893	$62M	new	+0.21 pp	new
MUMicron Technology, Inc.	0.19%	165,931	$56M	new	+0.19 pp	new
PYPLPayPal Holdings, Inc.	0.19%	1,243,590	$56M	trimmed−27%	−0.06 pp	41 q
ABRArbor Realty Trust, Inc.	0.11%	4,196,885	$32M	new	+0.11 pp	new
NVAXNovavax Inc	0.11%	3,836,986	$31M	new	+0.11 pp	new
PINSPinterest, Inc. Class A	0.11%	1,678,764	$31M	new	+0.11 pp	new
TTDThe Trade Desk, Inc.	0.11%	1,387,089	$31M	new	+0.11 pp	new
ZZillow Group, Inc. Class C	0.11%	739,700	$31M	new	+0.11 pp	new
QSQuantumScape Corporation Class A	0.09%	4,294,995	$27M	added+16%	−0.01 pp	5 q
PATHUiPath, Inc.	0.09%	2,269,557	$25M	new	+0.09 pp	new
TSLATesla, Inc.	0.08%	58,838	$22M	trimmed−96%	−1.77 pp	25 q
UPSTUpstart Holdings, Inc.	0.08%	870,947	$22M	new	+0.08 pp	new
MPTMedical Properties Trust, Inc.	0.07%	4,525,398	$21M	held	—	5 q
RNGRingcentral, Inc.	0.05%	411,351	$15M	new	+0.05 pp	new
ZGZillow Group Inc Class A	0.05%	328,189	$14M	new	+0.05 pp	new
PTONPeloton Interactive, Inc. Class A	0.04%	2,500,000	$11M	new	+0.04 pp	new
PLUGPlug Power Inc.	0.02%	2,545,243	$6M	new	+0.02 pp	new
IBITiShares Bitcoin Trust ETF	0.01%	67,226	$3M	held	—	4 q
LCIDLucid Group, Inc.	0.01%	295,393	$3M	new	+0.01 pp	new
OLPXOlaplex Hldgs Inc	0.01%	1,264,968	$3M	new	+0.01 pp	new
SFIXStitch Fix, Inc. Class A	0.01%	735,373	$2M	new	+0.01 pp	new
AMCAmc Entertainment Holdings, Inc.	0.00%	228,136	$223,573	new	0.00 pp	new
BYNDBeyond Meat, Inc.	0.00%	343,393	$240,925	new	0.00 pp	new
CHPTChargePoint Holdings, Inc.	0.00%	154,086	$748,858	new	0.00 pp	new
HTZWWHertz Global Holdings	0.00%	468,814	$1M	new	0.00 pp	new
HTZHertz Global Holdings, Inc	0.00%	106,823	$492,454	new	0.00 pp	new
ORCLOracle Corp	—	−4,440,008	—	exited	−2.17 pp	—
SNOWSnowflake Inc.	—	−2,480,963	—	exited	−1.36 pp	—
ADBEAdobe Inc.	—	−874,150	—	exited	−0.77 pp	—
AMDAdvanced Micro Devices	—	−1,239,043	—	exited	−0.66 pp	—
ARMArm Holdings plc	—	−2,300,000	—	exited	−0.63 pp	—
MRVLMarvell Technology, Inc.	—	−2,079,046	—	exited	−0.44 pp	—
RKTRocket Companies, Inc.	—	−6,747,052	—	exited	−0.33 pp	—
AXONAxon Enterprise, Inc.	—	−155,387	—	exited	−0.22 pp	—
INFYInfosys Limited	—	−4,574,706	—	exited	−0.20 pp	—
EXPDExpeditors International of Washington, Inc.	—	−365,987	—	exited	−0.14 pp	—
CHAChagee Holdings Limited	—	−3,174,115	—	exited	−0.09 pp	—
MCOMoody's Corporation	—	−64,260	—	exited	−0.08 pp	—
SPGIS&P Global Inc.	—	−63,451	—	exited	−0.08 pp	—
NAVNNavan, Inc. Class A	—	−599,280	—	exited	−0.03 pp	—
MRNAModerna, Inc.	—	−200,000	—	exited	−0.01 pp	—
BULLWebull Corporation Class A	—	−74,334	—	exited	0.00 pp	—