Coatue Management

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Philippe Laffont's Coatue Management reported 80 stock positions worth $26.9 billion. Its top holding was Meta Platforms Class A (META) at 7.9% of the portfolio, followed by Amazon.com (AMZN, 7.8%) and Constellation Energy (CEG, 7.5%). Compared with Q2 2024, it opened 14 new positions, sold out of 7, added to 20 and reduced 17. The biggest buy was Constellation Energy (CEG, shares +57%) and the biggest sale Dell Technologies -C (DELL, shares −90%).

Most Recent 13F
Q2 2026
Notable People
Philippe Laffont
Location
New York, NY
CIK
0001135730
Portfolio Value
$26.9B (Q3 2024)
SEC Filing
0000919574-24-006691 ↗ filed Nov 14, 2024

Holdings Value

0$10.0B$20.0B$30.0B$40.0B$50.0B Q1 2024: $25.5B Q1 2024 Q2 2024: $25.7B Q2 2024 Q3 2024: $26.9B $26.9B Q3 2024 Q4 2024: $29.7B Q4 2024 Q1 2025: $22.7B Q1 2025 Q2 2025: $35.9B Q2 2025 Q3 2025: $40.8B Q3 2025 Q4 2025: $40.0B Q4 2025 Q1 2026: $29.1B Q1 2026 Q2 2026: $48.6B Q2 2026

Holdings 80 stocks · $26.9B
META Meta Platforms Inc. Class A 7.86% 3,694,259 $2.1B Reduce -11.7%
AMZN Amazon.com Inc. 7.80% 11,269,029 $2.1B Add +4.6%
CEG Constellation Energy 7.46% 7,726,108 $2.0B Add +57.4%
MSFT Microsoft Corp. 6.16% 3,852,860 $1.7B Add +4.1%
TSM Taiwan Semiconductor-SP ADR 6.04% 9,365,760 $1.6B Reduce -17.8%
ETN Eaton Corp. PLC 5.71% 4,638,702 $1.5B Add +8.5%
NVDA Nvidia Corp. 4.57% 10,138,161 $1.2B Reduce -26.3%
GEV GE Vernova Inc. 3.74% 3,943,157 $1.0B Add +18.3%
ADBE Adobe Inc. 3.24% 1,684,236 $872.1M Reduce -8.7%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 3.18% 62,800,630 $857.2M Add +6.2%
VRT Vertiv Holdings Co. Class A 2.85% 7,716,123 $767.7M Reduce -14.7%
AVGO Broadcom Inc. 2.77% 4,323,026 $745.7M Add +52.5%
AMD Advanced Micro Devices 2.59% 4,249,190 $697.2M Reduce -32.3%
PYPL PayPal Holdings Inc. 2.39% 8,257,928 $644.4M Add +36.1%
GOOGL Alphabet Inc. Class A 2.27% 3,682,229 $610.7M Add +33.2%
TSLA Tesla Inc. 2.17% 2,234,189 $584.5M Add +36.4%
ISRG Intuitive Surgical Inc. 2.00% 1,094,176 $537.5M Add +6.5%
NFLX Netflix Inc. 1.61% 612,323 $434.3M No change
CDNS Cadence Design SYS Inc. 1.34% 1,326,099 $359.4M New
KKR KKR & Co. Inc. 1.32% 2,719,255 $355.1M New
PDD PDD Holdings Inc. 1.30% 2,587,536 $348.8M Add +740.9%
FCNCA First Citizens Bcshs Class A 1.27% 185,752 $342.0M Reduce -10.8%
VST Vistra Corp. 1.25% 2,828,662 $335.3M Reduce -29.0%
LRCX Lam Research Corp. 1.23% 404,637 $330.2M Reduce -11.5%
JD Jd.com Inc.-ADR 1.23% 8,248,048 $329.9M Add +33490.1%
INTU Intuit Inc. 1.15% 500,389 $310.7M No change
BABA Alibaba Group Holding-SP ADR 1.07% 2,714,216 $288.0M Add +895.5%
SPOT Spotify Technology SA 1.04% 760,249 $280.2M New
DASH DoorDash Inc. Class A 1.04% 1,958,333 $279.5M New
CMG Chipotle Mexican Grill Inc. 0.98% 4,575,054 $263.6M New
APP AppLovin Corp. Class A 0.97% 1,993,596 $260.3M Reduce -12.9%
KWEB Kranesh Csi China Internet 0.92% 7,257,156 $246.9M New
LLY Eli Lilly & Co. 0.82% 247,950 $219.7M Add +19.8%
UBER Uber Technologies Inc. 0.81% 2,910,927 $218.8M Reduce -28.0%
QCOM Qualcomm Inc. 0.78% 1,230,343 $209.2M Reduce -76.5%
SHOP Shopify Inc. Class A 0.76% 2,547,675 $204.2M Reduce -31.5%
FXI iShares China Large-Cap ETF 0.58% 4,932,011 $156.7M New
DPZ Domino's Pizza Inc. 0.52% 322,621 $138.8M Reduce -9.5%
RMD Resmed Inc. 0.43% 473,179 $115.5M New
GOOG Alphabet Inc. Class C 0.41% 663,296 $110.9M Add +7.5%
ENPH Enphase Energy Inc. 0.40% 960,700 $108.6M No change
NEE Nextera Energy Inc. 0.36% 1,141,600 $96.5M Add +7.1%
DELL Dell Technologies -C 0.34% 767,896 $91.0M Reduce -89.5%
GNRC Generac Holdings Inc. 0.33% 559,911 $89.0M No change
DOCU Docusign Inc. 0.33% 1,422,245 $88.3M No change
TEAM Atlassian Corp. Class A 0.29% 496,131 $78.8M New
SE Sea Ltd.-ADR 0.24% 678,308 $64.0M No change
PINS Pinterest Inc. Class A 0.20% 1,678,764 $54.3M No change
Z Zillow Group Inc. Class C 0.18% 739,700 $47.2M No change
PWR Quanta Services Inc. 0.15% 134,911 $40.2M Add +8.7%
PARAA Paramount Global Class B 0.15% 3,678,056 $39.1M No change
NVO Novo-Nordisk A/S-Spons ADR 0.14% 326,363 $38.9M Add +892.1%
UPST Upstart Holdings Inc. 0.13% 870,947 $34.8M No change
PATH Uipath Inc. Class A 0.12% 2,436,400 $31.2M No change
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.12% 1,555,132 $31.0M Reduce -17.2%
BX Blackstone Inc. 0.11% 195,969 $30.0M New
ZG Zillow Group Inc. Class A 0.11% 482,271 $29.9M No change
NVAX Novavax Inc. 0.10% 2,224,319 $28.1M Reduce -15.3%
QS Quantumscape Corp. 0.10% 4,553,617 $26.2M No change
HCP Hashicorp Inc. Class A 0.06% 511,741 $17.3M No change
MPT Medical Properties Trust Inc. 0.05% 2,524,429 $14.8M No change
RNG Ringcentral Inc. Class A 0.05% 411,351 $13.0M No change
PTON Peloton Interactive Inc. Class A 0.04% 2,500,000 $11.7M No change
LCID Lucid Group Inc. 0.04% 2,953,931 $10.4M No change
SMCI Super Micro Computer Inc. 0.04% 24,161 $10.1M New
NVCR Novocure Ltd. 0.04% 608,672 $9.5M No change
NTES Netease Inc.-ADR 0.03% 94,336 $8.8M New
PLUG Plug Power Inc. 0.02% 2,606,524 $5.9M No change
TAL Tal Education Group- ADR 0.02% 434,673 $5.1M New
EDU New Oriental Educatio-SP ADR 0.02% 59,316 $4.5M New
BZ Kanzhun Ltd. - ADR 0.02% 253,957 $4.4M Add +53.3%
CHPT Chargepoint Holdings Inc. 0.02% 3,081,752 $4.2M No change
OLPX Olaplex Holdings Inc. 0.01% 1,264,968 $3.0M No change
BYND Beyond Meat Inc. 0.01% 343,393 $2.3M No change
SFIX Stitch Fix Inc. Class A 0.01% 790,167 $2.2M No change
API Agora Inc.-ADR 0.00% 435,510 $1.0M No change
AMC AMC Entertainment HLDS Class A 0.00% 228,136 $1.0M No change
SEDG Solaredge Technologies Inc. 0.00% 43,500 $997K No change
NKLAQ Nikola Corp. 0.00% 173,915 $797K No change
HTZ Hertz Global Hldgs Inc. 0.00% 106,823 $353K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.4M (not counted above)
SecurityClassShares / PrincipalValueChange
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 644,294$1.4MNo change

Total filed on the 13F, all lines: $26.9B.

Portfolio Sells Q2 2024 → Q3 2024
DELL Dell Technologies -C Reduce -89.5% 0.34% −3.59
QCOM Qualcomm Inc. Reduce -76.5% 0.78% −3.29
NVDA Nvidia Corp. Reduce -26.3% 4.57% −2.04
CRM Salesforce Inc. Sold out 0.00% −1.91
TSM Taiwan Semiconductor-SP ADR Reduce -17.8% 6.04% −1.67
APH Amphenol Corp. Class A Sold out 0.00% −1.63
AMD Advanced Micro Devices Reduce -32.3% 2.59% −1.37
EQIX Equinix Inc. Sold out 0.00% −1.05
ADBE Adobe Inc. Reduce -8.7% 3.24% −0.75
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.71
LRCX Lam Research Corp. Reduce -11.5% 1.23% −0.67
ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.45
META Meta Platforms Inc. Class A Reduce -11.7% 7.86% −0.35
UBER Uber Technologies Inc. Reduce -28.0% 0.81% −0.33
DPZ Domino's Pizza Inc. Reduce -9.5% 0.52% −0.20
SHOP Shopify Inc. Class A Reduce -31.5% 0.76% −0.20
VRT Vertiv Holdings Co. Class A Reduce -14.7% 2.85% −0.20
UNH Unitedhealth Group Inc. Sold out 0.00% −0.19
FCNCA First Citizens Bcshs Class A Reduce -10.8% 1.27% −0.10
VST Vistra Corp. Reduce -29.0% 1.25% −0.09
FSLR First Solar Inc. Sold out 0.00% −0.03
NVAX Novavax Inc. Reduce -15.3% 0.10% −0.03
BEKE Ke Holdings Inc.-ADR Reduce -17.2% 0.12% +0.01
APP AppLovin Corp. Class A Reduce -12.9% 0.97% +0.23

Portfolio Buys Q2 2024 → Q3 2024
CEG Constellation Energy Add +57.4% 7.46% +3.64
GEV GE Vernova Inc. Add +18.3% 3.74% +1.51
CDNS Cadence Design SYS Inc. New 1.34% +1.34
KKR KKR & Co. Inc. New 1.32% +1.32
JD Jd.com Inc.-ADR Add +33490.1% 1.23% +1.22
PDD PDD Holdings Inc. Add +740.9% 1.30% +1.14
SPOT Spotify Technology SA New 1.04% +1.04
DASH DoorDash Inc. Class A New 1.04% +1.04
PYPL PayPal Holdings Inc. Add +36.1% 2.39% +1.02
AVGO Broadcom Inc. Add +52.5% 2.77% +1.00
BABA Alibaba Group Holding-SP ADR Add +895.5% 1.07% +0.99
CMG Chipotle Mexican Grill Inc. New 0.98% +0.98
KWEB Kranesh Csi China Internet New 0.92% +0.92
TSLA Tesla Inc. Add +36.4% 2.17% +0.91
FXI iShares China Large-Cap ETF New 0.58% +0.58
ETN Eaton Corp. PLC Add +8.5% 5.71% +0.49
RMD Resmed Inc. New 0.43% +0.43
GOOGL Alphabet Inc. Class A Add +33.2% 2.27% +0.31
TEAM Atlassian Corp. Class A New 0.29% +0.29
ISRG Intuitive Surgical Inc. Add +6.5% 2.00% +0.22
NU Nu Holdings Ltd./Cayman Isl-A Add +6.2% 3.18% +0.22
NVO Novo-Nordisk A/S-Spons ADR Add +892.1% 0.14% +0.13
BX Blackstone Inc. New 0.11% +0.11
LLY Eli Lilly & Co. Add +19.8% 0.82% +0.09
NEE Nextera Energy Inc. Add +7.1% 0.36% +0.06
SMCI Super Micro Computer Inc. New 0.04% +0.04
NTES Netease Inc.-ADR New 0.03% +0.03
PWR Quanta Services Inc. Add +8.7% 0.15% +0.03
TAL Tal Education Group- ADR New 0.02% +0.02
EDU New Oriental Educatio-SP ADR New 0.02% +0.02
BZ Kanzhun Ltd. - ADR Add +53.3% 0.02% +0.00
GOOG Alphabet Inc. Class C Add +7.5% 0.41% −0.03
MSFT Microsoft Corp. Add +4.1% 6.16% −0.28
AMZN Amazon.com Inc. Add +4.6% 7.80% −0.30

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 65$48.6BTSM, LRCX, MU, SPCX, AMAT
Q1 2026 61$29.1BTSM, GEV, LRCX, AMAT, AVGO
Q4 2025Amended 52$40.0BTSM, MSFT, META, AMZN, GEV
Q3 2025 73$40.8BMETA, MSFT, TSM, GEV, AMZN
Q2 2025 69$35.9BCRWV, META, AMZN, GEV, MSFT
Q1 2025 69$22.7BMETA, AMZN, TSM, CEG, MSFT
Q4 2024 67$29.7BAMZN, META, TSM, MSFT, CEG
Q3 2024 80$26.9BMETA, AMZN, CEG, MSFT, TSM
Q2 2024 73$25.7BMETA, AMZN, TSM, NVDA, MSFT
Q1 2024 90$25.5BMETA, AMZN, MSFT, CRM, TSM