Coatue

Q2 2026 13F · by Philippe Laffont, founder

As of: Jun 30, 2026
Filed: Aug 14, 2026
US stock: $48.6B · prev $29.1B
Positions: 66 · prev 62
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%

Moves44 since the prior filing

+20.2 pp in · −16.0 pp out

New 9 +18.22 pp
Added 8 +1.98 pp
Trimmed 22 −13.83 pp
Exited 5 −2.17 pp

The book

Focused · behaves like 21 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 25% a year, about 3.9 years per position

Low
Moderate
High

Top 5 positions37% of US stock

Positions66 in this filing · 5 exited


TSMTaiwan Semiconductor Manufacturing Company Ltd.	8.76%	8,914,995	$4.3B	trimmed−4%	−2.04 pp	14 q
LRCXLam Research Corp	8.41%	9,441,603	$4.1B	trimmed−6%	+1.02 pp	16 q
MUMicron Technology, Inc.	7.46%	3,142,269	$3.6B	added×18.9	+7.27 pp	2 q
SPCXSpace Exploration Technologies Corp. Class A	6.52%	18,561,780	$3.2B	new	+6.52 pp	new
AMATApplied Materials Inc	6.26%	4,213,483	$3.0B	trimmed−20%	+0.09 pp	4 q
GEVGE Vernova Inc.	6.18%	2,558,164	$3.0B	trimmed−1%	−1.55 pp	9 q
AMZNAmazon.Com Inc	5.80%	11,834,799	$2.8B	added+49%	+0.12 pp	53+ q
AVGOBroadcom Inc.	4.54%	5,846,831	$2.2B	added+6%	−1.32 pp	10 q
ETNEaton Corporation, plc	4.35%	4,968,415	$2.1B	added+5%	−1.50 pp	13 q
GOOGLAlphabet Inc. Class A	3.57%	4,856,251	$1.7B	added+13%	−0.70 pp	15 q
INTCIntel Corp	3.47%	12,084,027	$1.7B	new	+3.47 pp	new
CBRSCerebras Systems Inc. Class A	3.19%	7,011,028	$1.5B	new	+3.19 pp	new
METAMeta Platforms, Inc. Class A	2.93%	2,526,048	$1.4B	trimmed−10%	−2.61 pp	52 q
EQIXEquinix, Inc.	2.73%	1,273,517	$1.3B	added+17%	−0.95 pp	2 q
NVDANvidia Corp	2.49%	6,055,197	$1.2B	trimmed−4%	−1.31 pp	21 q
CEGConstellation Energy Corporation	2.37%	4,632,475	$1.2B	held	—	10 q
FPSForgent Power Solutions, Inc.	2.35%	20,501,387	$1.1B	new	+2.35 pp	new
HUTHut 8 Corp.	2.31%	9,715,476	$1.1B	new	+2.31 pp	new
MSFTMicrosoft Corp	2.25%	2,936,409	$1.1B	added+18%	−0.91 pp	20 q
NTRANatera, Inc.	1.40%	2,505,090	$680M	trimmed−1%	−0.35 pp	4 q
APPApplovin Corporation Class A	1.24%	1,171,189	$603M	trimmed−9%	−0.53 pp	15 q
SPOTSpotify Technology S.A.	1.24%	1,310,632	$602M	trimmed−1%	−0.96 pp	8 q
ASMLASML Holding NV	1.21%	295,406	$588M	trimmed−40%	−1.05 pp	2 q
RDDTReddit, Inc.	1.00%	2,789,891	$484M	held	—	7 q
NUNu Holdings Ltd.	0.81%	29,333,576	$392M	held	—	13 q
NFLXNetFlix Inc	0.69%	4,710,420	$336M	trimmed−32%	−1.59 pp	53+ q
GOOGAlphabet Inc. Class C	0.66%	908,395	$321M	trimmed−19%	−0.44 pp	4 q
ISRGIntuitive Surgical Inc.	0.65%	793,704	$316M	trimmed−7%	−0.71 pp	12 q
FCNCAFirst Citizens BancShares Inc	0.60%	139,498	$290M	held	—	14 q
VRTVertiv Holdings Co Class A	0.56%	806,594	$270M	trimmed−18%	−0.29 pp	3 q
QCOMQualcomm Inc	0.53%	1,387,312	$256M	held	—	2 q
CVNACarvana Co.	0.44%	3,278,865	$216M	trimmed−4%	−0.30 pp	6 q
MTZMasTec, Inc.	0.44%	517,250	$215M	trimmed−11%	−0.21 pp	3 q
CAICaris Life Sciences, Inc.	0.36%	9,819,992	$175M	held	—	5 q
SNPSSynopsys Inc	0.29%	317,465	$142M	trimmed−58%	−0.75 pp	4 q
GNRCGenerac Holdings Inc	0.24%	390,513	$114M	held	—	3 q
SFMSprouts Farmers Market, Inc.	0.21%	1,203,773	$102M	held	—	3 q
DASHDoorDash, Inc. Class A	0.20%	524,792	$97M	trimmed−5%	−0.09 pp	8 q
ENPHEnphase Energy, Inc.	0.16%	1,556,941	$77M	trimmed−6%	−0.05 pp	2 q
BAHBooz Allen Hamilton Holding Corporation	0.14%	1,083,410	$66M	new	+0.14 pp	new
AMDAdvanced Micro Devices	0.11%	95,987	$56M	new	+0.11 pp	new
PYPLPayPal Holdings, Inc.	0.11%	1,243,590	$54M	held	—	42 q
FIXComfort Systems USA, Inc.	0.07%	17,793	$35M	new	+0.07 pp	new
NVAXNovavax Inc	0.07%	3,836,986	$36M	held	—	2 q
QSQuantumScape Corporation Class A	0.07%	4,294,995	$32M	held	—	6 q
AGXArgan, Inc	0.06%	36,101	$29M	new	+0.06 pp	new
UPSTUpstart Holdings, Inc.	0.06%	870,947	$31M	held	—	2 q
ABRArbor Realty Trust, Inc.	0.05%	4,196,885	$23M	held	—	2 q
PINSPinterest, Inc. Class A	0.05%	1,197,780	$25M	trimmed−29%	−0.06 pp	2 q
TSLATesla, Inc.	0.05%	59,963	$25M	added+2%	−0.03 pp	26 q
TTDThe Trade Desk, Inc.	0.05%	1,387,089	$25M	held	—	2 q
ZZillow Group, Inc. Class C	0.05%	739,700	$23M	held	—	2 q
MPTMedical Properties Trust, Inc.	0.04%	4,525,398	$21M	held	—	6 q
PATHUiPath, Inc.	0.04%	1,961,365	$21M	trimmed−14%	−0.05 pp	2 q
PTONPeloton Interactive, Inc. Class A	0.03%	2,500,000	$15M	held	—	2 q
RNGRingcentral, Inc.	0.03%	411,351	$16M	held	—	2 q
ZGZillow Group Inc Class A	0.02%	328,189	$10M	held	—	2 q
OLPXOlaplex Hldgs Inc	0.01%	1,264,968	$3M	held	—	2 q
PLUGPlug Power Inc.	0.01%	2,545,243	$7M	held	—	2 q
SFIXStitch Fix, Inc. Class A	0.01%	735,373	$3M	held	—	2 q
AMCAmc Entertainment Holdings, Inc.	0.00%	228,136	$433,458	held	—	2 q
BYNDBeyond Meat, Inc.	0.00%	299,885	$224,914	trimmed−13%	0.00 pp	2 q
CHPTChargePoint Holdings, Inc.	0.00%	154,086	$910,648	held	—	2 q
HTZWWHertz Global Holdings	0.00%	468,814	$511,007	held	—	2 q
HTZHertz Global Holdings, Inc	0.00%	106,823	$241,954	held	—	2 q
LCIDLucid Group, Inc.	0.00%	295,393	$2M	held	—	2 q
VVISA Inc.	—	−718,753	—	exited	−0.75 pp	—
CHYMChime Financial, Inc. Class A	—	−10,071,992	—	exited	−0.65 pp	—
SOLSSolstice Advanced Materials Inc.	—	−1,654,589	—	exited	−0.43 pp	—
CHRWC.H. Robinson Worldwide, Inc.	—	−573,010	—	exited	−0.33 pp	—
IBITiShares Bitcoin Trust ETF	—	−67,226	—	exited	−0.01 pp	—