Coatue Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Philippe Laffont's Coatue Management reported 69 stock positions worth $35.9 billion. Its top holding was Coreweave Class A (CRWV) at 8.1% of the portfolio, followed by Meta Platforms Class A (META, 7.6%) and Amazon.com (AMZN, 6.2%). Compared with Q1 2025, it opened 13 new positions, sold out of 13, added to 19 and reduced 18. The biggest buy was Coreweave Class A (CRWV, shares +24%) and the biggest sale Amazon.com (AMZN, shares −6%).
- Most Recent 13F
- Q2 2026
- Notable People
- Philippe Laffont
- Location
- New York, NY
- CIK
- 0001135730
- Portfolio Value
- $35.9B (Q2 2025)
- SEC Filing
- 0000919574-25-004823 ↗ filed Aug 14, 2025
Holdings Value
Holdings 69 stocks · $35.9B
| CRWV Coreweave Inc. Class A | 8.08% | 17,797,573 | $2.9B | Add +23.6% |
| META Meta Platforms Inc. Class A | 7.57% | 3,680,627 | $2.7B | Reduce -2.0% |
| AMZN Amazon.com Inc. | 6.21% | 10,157,624 | $2.2B | Reduce -5.5% |
| GEV GE Vernova Inc. | 5.54% | 3,755,260 | $2.0B | Reduce -0.1% |
| MSFT Microsoft Corp. | 5.45% | 3,932,397 | $2.0B | Add +20.3% |
| CEG Constellation Energy | 5.33% | 5,924,294 | $1.9B | Reduce -4.0% |
| TSM Taiwan Semiconductor-SP ADR | 5.09% | 8,068,201 | $1.8B | Add +1.4% |
| NVDA Nvidia Corp. | 5.06% | 11,488,529 | $1.8B | Add +34.4% |
| ETN Eaton Corp. PLC | 4.66% | 4,687,780 | $1.7B | Add +5.0% |
| AVGO Broadcom Inc. | 4.34% | 5,647,507 | $1.6B | Add +58.1% |
| SPOT Spotify Technology SA | 3.40% | 1,591,167 | $1.2B | Add +3.2% |
| LRCX Lam Research Corp. | 2.85% | 10,507,492 | $1.0B | Add +28.0% |
| RDDT Reddit Inc. Class A | 2.60% | 6,208,994 | $934.9M | Add +30.8% |
| ORCL Oracle Corp. | 2.35% | 3,857,262 | $843.3M | New |
| NFLX Netflix Inc. | 2.31% | 618,735 | $828.6M | No change |
| INTU Intuit Inc. | 2.30% | 1,046,096 | $823.9M | Add +58.8% |
| ARM Arm Holdings PLC-ADR | 2.09% | 4,633,454 | $749.4M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.85% | 48,442,699 | $664.6M | Reduce -13.2% |
| TSLA Tesla Inc. | 1.80% | 2,036,991 | $647.1M | Add +24.2% |
| APP AppLovin Corp. Class A | 1.77% | 1,815,815 | $635.7M | Reduce -13.4% |
| CVNA Carvana Co. | 1.69% | 1,800,055 | $606.5M | Add +236.3% |
| DASH DoorDash Inc. Class A | 1.50% | 2,186,808 | $539.1M | Add +32.4% |
| PYPL PayPal Holdings Inc. | 1.44% | 6,970,822 | $518.1M | Add +33.1% |
| KKR KKR & Co. Inc. | 1.39% | 3,755,032 | $499.5M | Add +7.3% |
| TEAM Atlassian Corp. Class A | 1.31% | 2,307,886 | $468.7M | Reduce -29.4% |
| FCNCA First Citizens Bcshs Class A | 1.15% | 211,007 | $412.8M | Reduce -4.6% |
| ISRG Intuitive Surgical Inc. | 1.12% | 737,579 | $400.8M | Add +5.7% |
| CHYM Chime Financial Inc. Class A | 1.04% | 10,821,992 | $373.5M | New |
| GOOGL Alphabet Inc. Class A | 0.99% | 2,010,681 | $354.3M | No change |
| CAI Caris Life Sciences Inc. | 0.75% | 10,142,198 | $271.0M | New |
| HNGE Hinge Health Inc. Class A | 0.68% | 4,702,208 | $243.3M | New |
| PM Philip Morris International | 0.66% | 1,298,405 | $236.5M | Reduce -16.6% |
| ADBE Adobe Inc. | 0.66% | 610,621 | $236.2M | Reduce -12.0% |
| CDNS Cadence Design SYS Inc. | 0.61% | 707,937 | $218.2M | Reduce -27.1% |
| AMD Advanced Micro Devices | 0.60% | 1,530,241 | $217.1M | Reduce -52.8% |
| CHA Chagee Holdings Ltd.-ADR | 0.45% | 6,174,115 | $161.2M | New |
| BULL Webull Corp. | 0.38% | 11,448,149 | $136.9M | New |
| SE Sea Ltd.-ADR | 0.30% | 666,305 | $106.6M | Reduce -4.3% |
| BABA Alibaba Group Holding-SP ADR | 0.27% | 867,767 | $98.4M | Reduce -77.2% |
| SWKS Skyworks Solutions Inc. | 0.26% | 1,272,952 | $94.9M | No change |
| VST Vistra Corp. | 0.26% | 476,169 | $92.3M | New |
| LLY Eli Lilly & Co. | 0.26% | 117,415 | $91.5M | Reduce -36.1% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.20% | 998,989 | $71.9M | New |
| PINS Pinterest Inc. Class A | 0.17% | 1,678,764 | $60.2M | No change |
| UPST Upstart Holdings Inc. | 0.16% | 870,947 | $56.3M | No change |
| Z Zillow Group Inc. Class C | 0.14% | 739,700 | $51.8M | No change |
| MRVL Marvell Technology Inc. | 0.13% | 602,389 | $46.6M | New |
| MPT Medical Properties Trust Inc. | 0.11% | 9,050,796 | $39.0M | Add +172.7% |
| ENPH Enphase Energy Inc. | 0.09% | 843,948 | $33.5M | New |
| GNRC Generac Holdings Inc. | 0.09% | 216,442 | $31.0M | Add +80.9% |
| PATH Uipath Inc. Class A | 0.08% | 2,269,557 | $29.1M | Reduce -6.8% |
| QS Quantumscape Corp. | 0.08% | 4,294,995 | $28.9M | No change |
| NVAX Novavax Inc. | 0.07% | 3,836,986 | $24.2M | No change |
| ZG Zillow Group Inc. Class A | 0.06% | 328,189 | $22.5M | Reduce -31.9% |
| PTON Peloton Interactive Inc. Class A | 0.05% | 2,500,000 | $17.4M | No change |
| RNG Ringcentral Inc. Class A | 0.03% | 411,351 | $11.7M | No change |
| YUMC Yum China Holdings Inc. | 0.03% | 231,346 | $10.3M | New |
| LX Lexinfintech Holdings L-ADR | 0.03% | 1,394,026 | $10.1M | Add +309.2% |
| LCID Lucid Group Inc. | 0.02% | 2,953,931 | $6.2M | No change |
| PLUG Plug Power Inc. | 0.02% | 4,098,713 | $6.1M | No change |
| MBLY Mobileye Global Inc. Class A | 0.01% | 226,558 | $4.1M | No change |
| IBIT iShares Bitcoin Trust ETF | 0.01% | 56,508 | $3.5M | New |
| SFIX Stitch Fix Inc. Class A | 0.01% | 790,167 | $2.9M | No change |
| CHPT Chargepoint Holdings Inc. | 0.01% | 3,081,752 | $2.2M | No change |
| OLPX Olaplex Holdings Inc. | 0.00% | 1,264,968 | $1.8M | No change |
| BYND Beyond Meat Inc. | 0.00% | 343,393 | $1.2M | No change |
| HTZ Hertz Global Hldgs Inc. | 0.00% | 106,823 | $730K | No change |
| AMC AMC Entertainment HLDS Class A | 0.00% | 228,136 | $707K | No change |
| API Agora Inc.-ADR | 0.00% | 93,700 | $357K | Reduce -78.5% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 468,814 | $1.7M | Reduce -27.2% |
Total filed on the 13F, all lines: $35.9B.
Portfolio Sells Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Reduce -5.5% | 6.21% | −2.81 |
| META Meta Platforms Inc. Class A | Reduce -2.0% | 7.57% | −1.98 |
| BABA Alibaba Group Holding-SP ADR | Reduce -77.2% | 0.27% | −1.94 |
| TEAM Atlassian Corp. Class A | Reduce -29.4% | 1.31% | −1.75 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −1.34 |
| AMD Advanced Micro Devices | Reduce -52.8% | 0.60% | −0.86 |
| APP AppLovin Corp. Class A | Reduce -13.4% | 1.77% | −0.68 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -13.2% | 1.85% | −0.67 |
| FCNCA First Citizens Bcshs Class A | Reduce -4.6% | 1.15% | −0.66 |
| ADBE Adobe Inc. | Reduce -12.0% | 0.66% | −0.52 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.49 |
| CDNS Cadence Design SYS Inc. | Reduce -27.1% | 0.61% | −0.48 |
| PM Philip Morris International | Reduce -16.6% | 0.66% | −0.43 |
| LLY Eli Lilly & Co. | Reduce -36.1% | 0.26% | −0.41 |
| TTAN Servicetitan Inc. Class A | Sold out | 0.00% | −0.26 |
| TEM Tempus AI Inc. Class A | Sold out | 0.00% | −0.20 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.18 |
| CEG Constellation Energy | Reduce -4.0% | 5.33% | −0.16 |
| SE Sea Ltd.-ADR | Reduce -4.3% | 0.30% | −0.10 |
| ZG Zillow Group Inc. Class A | Reduce -31.9% | 0.06% | −0.08 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.06 |
| NVCR Novocure Ltd. | Sold out | 0.00% | −0.05 |
| PATH Uipath Inc. Class A | Reduce -6.8% | 0.08% | −0.03 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −0.02 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.02 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.02 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.02 |
| QFIN Qfin Holdings Inc.-ADR | Sold out | 0.00% | −0.02 |
| API Agora Inc.-ADR | Reduce -78.5% | 0.00% | −0.01 |
| SEDG Solaredge Technologies Inc. | Sold out | 0.00% | −0.00 |
| GEV GE Vernova Inc. | Reduce -0.1% | 5.54% | +0.47 |
Portfolio Buys Q1 2025 → Q2 2025
| CRWV Coreweave Inc. Class A | Add +23.6% | 8.08% | +5.73 |
| ORCL Oracle Corp. | New | 2.35% | +2.35 |
| ARM Arm Holdings PLC-ADR | New | 2.09% | +2.09 |
| AVGO Broadcom Inc. | Add +58.1% | 4.34% | +1.70 |
| CVNA Carvana Co. | Add +236.3% | 1.69% | +1.20 |
| CHYM Chime Financial Inc. Class A | New | 1.04% | +1.04 |
| NVDA Nvidia Corp. | Add +34.4% | 5.06% | +0.97 |
| CAI Caris Life Sciences Inc. | New | 0.75% | +0.75 |
| HNGE Hinge Health Inc. Class A | New | 0.68% | +0.68 |
| INTU Intuit Inc. | Add +58.8% | 2.30% | +0.51 |
| CHA Chagee Holdings Ltd.-ADR | New | 0.45% | +0.45 |
| RDDT Reddit Inc. Class A | Add +30.8% | 2.60% | +0.41 |
| BULL Webull Corp. | New | 0.38% | +0.38 |
| VST Vistra Corp. | New | 0.26% | +0.26 |
| LRCX Lam Research Corp. | Add +28.0% | 2.85% | +0.22 |
| TTD Trade Desk Inc./the Class A | New | 0.20% | +0.20 |
| DASH DoorDash Inc. Class A | Add +32.4% | 1.50% | +0.17 |
| MRVL Marvell Technology Inc. | New | 0.13% | +0.13 |
| ENPH Enphase Energy Inc. | New | 0.09% | +0.09 |
| MSFT Microsoft Corp. | Add +20.3% | 5.45% | +0.04 |
| YUMC Yum China Holdings Inc. | New | 0.03% | +0.03 |
| MPT Medical Properties Trust Inc. | Add +172.7% | 0.11% | +0.02 |
| GNRC Generac Holdings Inc. | Add +80.9% | 0.09% | +0.02 |
| LX Lexinfintech Holdings L-ADR | Add +309.2% | 0.03% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | New | 0.01% | +0.01 |
| PYPL PayPal Holdings Inc. | Add +33.1% | 1.44% | −0.06 |
| TSLA Tesla Inc. | Add +24.2% | 1.80% | −0.07 |
| SPOT Spotify Technology SA | Add +3.2% | 3.40% | −0.34 |
| KKR KKR & Co. Inc. | Add +7.3% | 1.39% | −0.39 |
| ISRG Intuitive Surgical Inc. | Add +5.7% | 1.12% | −0.41 |
| ETN Eaton Corp. PLC | Add +5.0% | 4.66% | −0.69 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.4% | 5.09% | −0.74 |
Notes & Other Activity Q1 2025 → Q2 2025
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Reduce -27.2% | 468,814 | $1.7M |
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 |