Coatue Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Philippe Laffont's Coatue Management reported 69 stock positions worth $22.7 billion. Its top holding was Meta Platforms Class A (META) at 9.5% of the portfolio, followed by Amazon.com (AMZN, 9.0%) and Taiwan Semiconductor-SP ADR (TSM, 5.8%). Compared with Q4 2024, it opened 24 new positions, sold out of 22, added to 17 and reduced 22. The biggest buy was a new position in Coreweave Class A (CRWV) and the biggest sale an exit from Vertiv Class A (VRT).
- Most Recent 13F
- Q2 2026
- Notable People
- Philippe Laffont
- Location
- New York, NY
- CIK
- 0001135730
- Portfolio Value
- $22.7B (Q1 2025)
- SEC Filing
- 0000919574-25-003179 ↗ filed May 15, 2025
Holdings Value
Holdings 69 stocks · $22.7B
| META Meta Platforms Inc. Class A | 9.55% | 3,757,611 | $2.2B | Add +1.9% |
| AMZN Amazon.com Inc. | 9.02% | 10,753,808 | $2.0B | Add +0.8% |
| TSM Taiwan Semiconductor-SP ADR | 5.83% | 7,960,037 | $1.3B | Reduce -20.1% |
| CEG Constellation Energy | 5.48% | 6,168,714 | $1.2B | Reduce -7.1% |
| MSFT Microsoft Corp. | 5.41% | 3,269,324 | $1.2B | Reduce -7.3% |
| ETN Eaton Corp. PLC | 5.35% | 4,466,442 | $1.2B | Add +0.4% |
| GEV GE Vernova Inc. | 5.06% | 3,759,960 | $1.1B | Reduce -2.7% |
| NVDA Nvidia Corp. | 4.08% | 8,545,835 | $926.2M | Reduce -14.6% |
| SPOT Spotify Technology SA | 3.74% | 1,541,982 | $848.1M | Add +21.6% |
| TEAM Atlassian Corp. Class A | 3.06% | 3,270,085 | $693.9M | Reduce -7.5% |
| AVGO Broadcom Inc. | 2.64% | 3,572,240 | $598.1M | Add +1.3% |
| LRCX Lam Research Corp. | 2.63% | 8,209,569 | $596.8M | Add +102.9% |
| NFLX Netflix Inc. | 2.54% | 618,735 | $577.0M | Reduce -11.0% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.52% | 55,791,997 | $571.3M | Reduce -30.1% |
| APP AppLovin Corp. Class A | 2.45% | 2,096,154 | $555.4M | Reduce -8.8% |
| CRWV Coreweave Inc. Class A | 2.35% | 14,402,999 | $534.1M | New |
| BABA Alibaba Group Holding-SP ADR | 2.22% | 3,801,703 | $502.7M | Add +1872.6% |
| RDDT Reddit Inc. Class A | 2.19% | 4,745,900 | $497.8M | Reduce -27.3% |
| TSLA Tesla Inc. | 1.87% | 1,639,969 | $425.0M | Reduce -24.5% |
| FCNCA First Citizens Bcshs Class A | 1.81% | 221,219 | $410.2M | Add +1.0% |
| INTU Intuit Inc. | 1.78% | 658,864 | $404.5M | Add +20.2% |
| KKR KKR & Co. Inc. | 1.78% | 3,498,217 | $404.4M | Add +31.4% |
| ISRG Intuitive Surgical Inc. | 1.52% | 698,067 | $345.7M | Reduce -28.3% |
| PYPL PayPal Holdings Inc. | 1.51% | 5,237,984 | $341.8M | Reduce -34.3% |
| AMD Advanced Micro Devices | 1.47% | 3,240,171 | $332.9M | Reduce -23.8% |
| GOOGL Alphabet Inc. Class A | 1.37% | 2,010,681 | $310.9M | Reduce -37.9% |
| SMCI Super Micro Computer Inc. | 1.34% | 8,866,735 | $303.6M | No change |
| DASH DoorDash Inc. Class A | 1.33% | 1,652,193 | $302.0M | Reduce -36.3% |
| ADBE Adobe Inc. | 1.17% | 694,032 | $266.2M | Reduce -60.6% |
| PM Philip Morris International | 1.09% | 1,555,900 | $247.0M | New |
| CDNS Cadence Design SYS Inc. | 1.09% | 970,777 | $246.9M | Add +21.1% |
| LLY Eli Lilly & Co. | 0.67% | 183,721 | $151.7M | Reduce -14.1% |
| MPWR Monolithic Power Systems Inc. | 0.49% | 193,432 | $112.2M | New |
| CVNA Carvana Co. | 0.49% | 535,333 | $111.9M | New |
| SE Sea Ltd.-ADR | 0.40% | 696,609 | $90.9M | Add +2.7% |
| SWKS Skyworks Solutions Inc. | 0.36% | 1,272,952 | $82.3M | New |
| TTAN Servicetitan Inc. Class A | 0.26% | 631,258 | $60.0M | No change |
| PINS Pinterest Inc. Class A | 0.23% | 1,678,764 | $52.0M | New |
| Z Zillow Group Inc. Class C | 0.22% | 739,700 | $50.7M | Add +100.0% |
| TEM Tempus AI Inc. Class A | 0.20% | 935,562 | $45.1M | New |
| ALAB Astera Labs Inc. | 0.18% | 676,586 | $40.4M | New |
| UPST Upstart Holdings Inc. | 0.18% | 870,947 | $40.1M | Add +149.5% |
| ZG Zillow Group Inc. Class A | 0.14% | 482,271 | $32.2M | Add +51.6% |
| PATH Uipath Inc. Class A | 0.11% | 2,436,400 | $25.1M | No change |
| NVAX Novavax Inc. | 0.11% | 3,836,986 | $24.6M | New |
| MPT Medical Properties Trust Inc. | 0.09% | 3,318,885 | $20.0M | New |
| QS Quantumscape Corp. | 0.08% | 4,294,995 | $17.9M | New |
| PTON Peloton Interactive Inc. Class A | 0.07% | 2,500,000 | $15.8M | New |
| GNRC Generac Holdings Inc. | 0.07% | 119,628 | $15.2M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.06% | 222,892 | $14.2M | New |
| NVCR Novocure Ltd. | 0.05% | 608,672 | $10.8M | No change |
| RNG Ringcentral Inc. Class A | 0.04% | 411,351 | $10.2M | New |
| LCID Lucid Group Inc. | 0.03% | 2,953,931 | $7.1M | New |
| PLUG Plug Power Inc. | 0.02% | 4,098,713 | $5.5M | New |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.02% | 272,205 | $5.5M | Reduce -77.9% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.02% | 37,421 | $3.8M | Reduce -71.2% |
| CPNG Coupang Inc. | 0.02% | 171,553 | $3.8M | Add +13.7% |
| JD Jd.com Inc.-ADR | 0.02% | 87,778 | $3.6M | Reduce -85.7% |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 0.02% | 79,124 | $3.6M | Add +74.1% |
| LX Lexinfintech Holdings L-ADR | 0.02% | 340,639 | $3.4M | Reduce -72.6% |
| MBLY Mobileye Global Inc. Class A | 0.01% | 226,558 | $3.3M | New |
| SFIX Stitch Fix Inc. Class A | 0.01% | 790,167 | $2.6M | New |
| CHPT Chargepoint Holdings Inc. | 0.01% | 3,081,752 | $1.9M | New |
| API Agora Inc.-ADR | 0.01% | 435,510 | $1.8M | No change |
| OLPX Olaplex Holdings Inc. | 0.01% | 1,264,968 | $1.6M | New |
| BYND Beyond Meat Inc. | 0.00% | 343,393 | $1.0M | New |
| SEDG Solaredge Technologies Inc. | 0.00% | 43,500 | $704K | No change |
| AMC AMC Entertainment HLDS Class A | 0.00% | 228,136 | $655K | New |
| HTZ Hertz Global Hldgs Inc. | 0.00% | 106,823 | $421K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 644,294 | $1.5M | Add +267.2% |
Total filed on the 13F, all lines: $22.7B.
Portfolio Sells Q4 2024 → Q1 2025
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −2.44 |
| ADBE Adobe Inc. | Reduce -60.6% | 1.17% | −1.47 |
| RDDT Reddit Inc. Class A | Reduce -27.3% | 2.19% | −1.40 |
| VST Vistra Corp. | Sold out | 0.00% | −1.38 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −1.32 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −1.12 |
| TSLA Tesla Inc. | Reduce -24.5% | 1.87% | −1.08 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.91 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.88 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -20.1% | 5.83% | −0.80 |
| PYPL PayPal Holdings Inc. | Reduce -34.3% | 1.51% | −0.79 |
| GOOGL Alphabet Inc. Class A | Reduce -37.9% | 1.37% | −0.69 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.64 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.59 |
| AFRM Affirm Holdings Inc. | Sold out | 0.00% | −0.54 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.46 |
| NVDA Nvidia Corp. | Reduce -14.6% | 4.08% | −0.44 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.41 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.33 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.32 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.30 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -30.1% | 2.52% | −0.27 |
| AMD Advanced Micro Devices | Reduce -23.8% | 1.47% | −0.26 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.26 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.23 |
| ISRG Intuitive Surgical Inc. | Reduce -28.3% | 1.52% | −0.19 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.14 |
| DASH DoorDash Inc. Class A | Reduce -36.3% | 1.33% | −0.13 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.09 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.06 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.06 |
| APP AppLovin Corp. Class A | Reduce -8.8% | 2.45% | −0.06 |
| JD Jd.com Inc.-ADR | Reduce -85.7% | 0.02% | −0.06 |
| BEKE Ke Holdings Inc.-ADR | Reduce -77.9% | 0.02% | −0.05 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −0.03 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.03 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -71.2% | 0.02% | −0.02 |
| LX Lexinfintech Holdings L-ADR | Reduce -72.6% | 0.02% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -14.1% | 0.67% | +0.11 |
| TEAM Atlassian Corp. Class A | Reduce -7.5% | 3.06% | +0.16 |
| MSFT Microsoft Corp. | Reduce -7.3% | 5.41% | +0.40 |
| NFLX Netflix Inc. | Reduce -11.0% | 2.54% | +0.46 |
| CEG Constellation Energy | Reduce -7.1% | 5.48% | +0.48 |
| GEV GE Vernova Inc. | Reduce -2.7% | 5.06% | +0.78 |
Portfolio Buys Q4 2024 → Q1 2025
| CRWV Coreweave Inc. Class A | New | 2.35% | +2.35 |
| META Meta Platforms Inc. Class A | Add +1.9% | 9.55% | +2.28 |
| BABA Alibaba Group Holding-SP ADR | Add +1872.6% | 2.22% | +2.16 |
| SPOT Spotify Technology SA | Add +21.6% | 3.74% | +1.83 |
| LRCX Lam Research Corp. | Add +102.9% | 2.63% | +1.65 |
| AMZN Amazon.com Inc. | Add +0.8% | 9.02% | +1.13 |
| PM Philip Morris International | New | 1.09% | +1.09 |
| INTU Intuit Inc. | Add +20.2% | 1.78% | +0.62 |
| MPWR Monolithic Power Systems Inc. | New | 0.49% | +0.49 |
| CVNA Carvana Co. | New | 0.49% | +0.49 |
| KKR KKR & Co. Inc. | Add +31.4% | 1.78% | +0.46 |
| ETN Eaton Corp. PLC | Add +0.4% | 5.35% | +0.38 |
| SWKS Skyworks Solutions Inc. | New | 0.36% | +0.36 |
| CDNS Cadence Design SYS Inc. | Add +21.1% | 1.09% | +0.28 |
| FCNCA First Citizens Bcshs Class A | Add +1.0% | 1.81% | +0.25 |
| PINS Pinterest Inc. Class A | New | 0.23% | +0.23 |
| TEM Tempus AI Inc. Class A | New | 0.20% | +0.20 |
| ALAB Astera Labs Inc. | New | 0.18% | +0.18 |
| SE Sea Ltd.-ADR | Add +2.7% | 0.40% | +0.16 |
| Z Zillow Group Inc. Class C | Add +100.0% | 0.22% | +0.13 |
| NVAX Novavax Inc. | New | 0.11% | +0.11 |
| UPST Upstart Holdings Inc. | Add +149.5% | 0.18% | +0.10 |
| MPT Medical Properties Trust Inc. | New | 0.09% | +0.09 |
| QS Quantumscape Corp. | New | 0.08% | +0.08 |
| PTON Peloton Interactive Inc. Class A | New | 0.07% | +0.07 |
| GNRC Generac Holdings Inc. | New | 0.07% | +0.07 |
| ZG Zillow Group Inc. Class A | Add +51.6% | 0.14% | +0.07 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.06% | +0.06 |
| RNG Ringcentral Inc. Class A | New | 0.04% | +0.04 |
| LCID Lucid Group Inc. | New | 0.03% | +0.03 |
| PLUG Plug Power Inc. | New | 0.02% | +0.02 |
| MBLY Mobileye Global Inc. Class A | New | 0.01% | +0.01 |
| SFIX Stitch Fix Inc. Class A | New | 0.01% | +0.01 |
| QFIN Qfin Holdings Inc.-ADR | Add +74.1% | 0.02% | +0.01 |
| CHPT Chargepoint Holdings Inc. | New | 0.01% | +0.01 |
| OLPX Olaplex Holdings Inc. | New | 0.01% | +0.01 |
| CPNG Coupang Inc. | Add +13.7% | 0.02% | +0.01 |
| BYND Beyond Meat Inc. | New | 0.00% | +0.00 |
| AMC AMC Entertainment HLDS Class A | New | 0.00% | +0.00 |
| HTZ Hertz Global Hldgs Inc. | New | 0.00% | +0.00 |
| AVGO Broadcom Inc. | Add +1.3% | 2.64% | −0.12 |
Notes & Other Activity Q4 2024 → Q1 2025
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Add +267.2% | 644,294 | $1.5M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 65 | $48.6B | TSM, LRCX, MU, SPCX, AMAT |
| Q1 2026 | 61 | $29.1B | TSM, GEV, LRCX, AMAT, AVGO |
| Q4 2025Amended | 52 | $40.0B | TSM, MSFT, META, AMZN, GEV |
| Q3 2025 | 73 | $40.8B | META, MSFT, TSM, GEV, AMZN |
| Q2 2025 | 69 | $35.9B | CRWV, META, AMZN, GEV, MSFT |
| Q1 2025 | 69 | $22.7B | META, AMZN, TSM, CEG, MSFT |
| Q4 2024 | 67 | $29.7B | AMZN, META, TSM, MSFT, CEG |
| Q3 2024 | 80 | $26.9B | META, AMZN, CEG, MSFT, TSM |
| Q2 2024 | 73 | $25.7B | META, AMZN, TSM, NVDA, MSFT |
| Q1 2024 | 90 | $25.5B | META, AMZN, MSFT, CRM, TSM |