In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Gavin Baker's Atreides Management reported 40 stock positions worth $3.1 billion . Its top holding was Marvell Technology (MRVL) at 5.8% of the portfolio, followed by Ciena (CIEN, 5.7% ) and Advanced Micro Devices (AMD, 5.5% ). Compared with Q1 2024, it opened 14 new positions, sold out of 8, added to 10 and reduced 13. The biggest buy was a new position in Adobe (ADBE) and the biggest sale Sea Ltd.-ADR (SE, shares −65% ).
Notable People Gavin Baker
Location BOSTON, MA
CIK 0001777813
Portfolio Value $3.1B (Q2 2024) Holdings 40 stocks · $3.1B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 MRVL Marvell Technology Inc. 2,531,792 $177.0M Reduce -39.8% CIEN Ciena Corp. 3,592,318 $173.1M Add +12.6% AMD Advanced Micro Devices 1,040,233 $168.7M Add +2.3% ALAB Astera Labs Inc. 2,776,329 $168.0M Add +4.2% AMZN Amazon.com Inc. 783,594 $151.4M Reduce -4.8% ADBE Adobe Inc. 261,014 $145.0M New ACVA Acv Auctions Inc. Class A 7,832,630 $142.9M Reduce -29.1% TSLA Tesla Inc. 702,705 $139.1M Add +359.5% BBWI Bath & Body Works Inc. 3,339,380 $130.4M Reduce -1.5% HPE Hewlett Packard Enterprise 5,979,283 $126.6M New SE Sea Ltd.-ADR 1,739,219 $124.2M Reduce -64.5% ESTC Elastic NV 1,073,482 $122.3M Add +49.7% P Everpure Inc. Class A filed as PURE STORAGE INC 1,547,138 $99.3M Reduce -42.8% GOOGL Alphabet Inc. Class A 537,435 $97.9M Reduce -40.0% MU Micron Technology Inc. 726,900 $95.6M Reduce -52.8% W Wayfair Inc. Class A 1,547,386 $81.6M Add +72.3% RH RH 306,000 $74.8M Add +25.5% CFLT Confluent Inc. Class A 2,522,045 $74.5M Add +24.1% AAPL Apple Inc. 327,083 $68.9M New LITE Lumentum Holdings Inc. 1,315,628 $67.0M Add +8.3% SHW The Sherwin-Williams Co. 222,951 $66.5M New DDOG Datadog Inc. Class A 458,684 $59.5M Add +9.8% XYZ Block Inc. 842,008 $54.3M Reduce -40.8% MA Mastercard Inc. Class A 120,117 $53.0M Reduce -57.4% RL Ralph Lauren Corp. 294,132 $51.5M Reduce -33.4% IOT Samsara Inc. Class A 1,473,747 $49.7M New MELI MercadoLibre Inc. 26,610 $43.7M New META Meta Platforms Inc. Class A 83,611 $42.2M New RBLX Roblox Corp. Class A 1,021,940 $38.0M New GRAB Grab Holdings Ltd. Class A 10,012,764 $35.5M New S Sentinelone Inc. Class A 1,602,310 $33.7M New KVYO Klaviyo Inc. Class A 901,811 $22.4M Reduce -48.4% SBUX Starbucks Corp. 280,473 $21.8M New RDDT Reddit Inc. Class A 281,942 $18.0M Reduce -28.7% AMT American Tower Corp. 76,564 $14.9M New AMKR Amkor Technology Inc. 212,388 $8.5M New DKNG Draftkings Inc. Class A 216,141 $8.3M New JOBY Joby Aviation Inc. 1,000,000 $5.1M No change SONDQ Sonder Holdings Inc. 1,012,621 $4.7M No change TBLA Taboola.com Ltd. 725,000 $2.5M No change
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ SE Sea Ltd.-ADR Reduce -64.5% 4.06% −3.84 MDB Mongodb Inc. Sold out 0.00% −3.17 MRVL Marvell Technology Inc. Reduce -39.8% 5.78% −3.16 MA Mastercard Inc. Class A Reduce -57.4% 1.73% −2.34 MU Micron Technology Inc. Reduce -52.8% 3.12% −2.32 MSFT Microsoft Corp. Sold out 0.00% −2.27 XYZ Block Inc. Reduce -40.8% 1.77% −1.83 VEEV Veeva Systems Inc. Class A Sold out 0.00% −1.58 ACVA Acv Auctions Inc. Class A Reduce -29.1% 4.67% −1.55 STZ Constellation Brands Inc. Class A Sold out 0.00% −1.37 ONON On Holding AG Class A Sold out 0.00% −1.26 WSC Willscot Holdings Corp. Sold out 0.00% −1.23 P Everpure Inc. Class A Reduce -42.8% 3.24% −0.97 CCI Crown Castle Inc. Sold out 0.00% −0.89 GOOGL Alphabet Inc. Class A Reduce -40.0% 3.20% −0.86 FWONK Liberty Media Corp. Class C Sold out 0.00% −0.85 BBWI Bath & Body Works Inc. Reduce -1.5% 4.26% −0.83 RL Ralph Lauren Corp. Reduce -33.4% 1.68% −0.81 KVYO Klaviyo Inc. Class A Reduce -48.4% 0.73% −0.60 RDDT Reddit Inc. Class A Reduce -28.7% 0.59% +0.00 AMZN Amazon.com Inc. Reduce -4.8% 4.95% +0.49
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ ADBE Adobe Inc. New 4.74% +4.74 HPE Hewlett Packard Enterprise New 4.13% +4.13 TSLA Tesla Inc. Add +359.5% 4.54% +3.73 AAPL Apple Inc. New 2.25% +2.25 SHW The Sherwin-Williams Co. New 2.17% +2.17 ESTC Elastic NV Add +49.7% 3.99% +1.84 IOT Samsara Inc. Class A New 1.62% +1.62 MELI MercadoLibre Inc. New 1.43% +1.43 META Meta Platforms Inc. Class A New 1.38% +1.38 RBLX Roblox Corp. Class A New 1.24% +1.24 GRAB Grab Holdings Ltd. Class A New 1.16% +1.16 S Sentinelone Inc. Class A New 1.10% +1.10 CIEN Ciena Corp. Add +12.6% 5.65% +0.92 W Wayfair Inc. Class A Add +72.3% 2.66% +0.84 SBUX Starbucks Corp. New 0.71% +0.71 CFLT Confluent Inc. Class A Add +24.1% 2.43% +0.57 AMT American Tower Corp. New 0.49% +0.49 LITE Lumentum Holdings Inc. Add +8.3% 2.19% +0.46 DDOG Datadog Inc. Class A Add +9.8% 1.94% +0.39 AMKR Amkor Technology Inc. New 0.28% +0.28 DKNG Draftkings Inc. Class A New 0.27% +0.27 AMD Advanced Micro Devices Add +2.3% 5.51% +0.00 RH RH Add +25.5% 2.44% −0.10 ALAB Astera Labs Inc. Add +4.2% 5.49% −0.45
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put Sold out 2,000,000 $888.0Mbefore exit MRVL Marvell Technology Inc. call Sold out 1,500,000 $106.3Mbefore exit RH RH call Sold out 165,900 $57.8Mbefore exit SE Sea Ltd.-ADR call Sold out 350,000 $18.8Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 46 $11.1B SPCX, MU, CBRS, ALAB, CIEN Q1 2026 51 $4.1B ALAB, U, CIEN, MU, NVDA Q4 2025 49 $4.7B NVDA, CIEN, U, P, ALAB Q3 2025 56 $3.8B P, GTLB, U, CIEN, AMZN Q2 2025 48 $3.6B AMD, P, GTLB, DKS, GOOGL Q1 2025 41 $2.8B ALAB, AMD, U, MSFT, META Q4 2024 44 $3.2B ALAB, AMD, ASML, AMZN, LITE Q3 2024 35 $3.0B ALAB, AMD, AMZN, TSLA, ADBE Q2 2024 40 $3.1B MRVL, CIEN, AMD, ALAB, AMZN Q1 2024 34 $3.3B MRVL, SE, ACVA, ALAB, AMD