Coatue Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed May 15, 2026), Philippe Laffont's Coatue Management reported 52 stock positions worth $40.0 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 6.6% of the portfolio, followed by Microsoft (MSFT, 6.3%) and Meta Platforms Class A (META, 6.2%). Compared with Q3 2025, it opened 13 new positions, sold out of 34, added to 13 and reduced 24. The biggest buy was Applied Materials (AMAT, shares +79%) and the biggest sale an exit from Coreweave Class A (CRWV).
- Most Recent 13F
- Q2 2026
- Notable People
- Philippe Laffont
- Location
- New York, NY
- CIK
- 0001135730
- Portfolio Value
- $40.0B (Q4 2025)
- SEC Filing
- 0000919574-26-003414 ↗ filed May 15, 2026
Holdings Value
Holdings 52 stocks · $40.0B
| TSM Taiwan Semiconductor-SP ADR | 6.56% | 8,629,524 | $2.6B | Add +6.9% |
| MSFT Microsoft Corp. | 6.26% | 5,171,976 | $2.5B | Add +11.4% |
| META Meta Platforms Inc. Class A | 6.25% | 3,781,949 | $2.5B | Reduce -6.3% |
| AMZN Amazon.com Inc. | 5.74% | 9,932,265 | $2.3B | Add +13.6% |
| GEV GE Vernova Inc. | 5.51% | 3,370,174 | $2.2B | Reduce -7.3% |
| GOOGL Alphabet Inc. Class A | 5.36% | 6,841,436 | $2.1B | Reduce -5.3% |
| CEG Constellation Energy | 5.22% | 5,907,174 | $2.1B | Add +3.2% |
| AVGO Broadcom Inc. | 4.77% | 5,510,227 | $1.9B | Reduce -4.5% |
| NVDA Nvidia Corp. | 4.30% | 9,203,338 | $1.7B | Reduce -6.8% |
| LRCX Lam Research Corp. | 4.20% | 9,805,565 | $1.7B | Reduce -1.5% |
| AMAT Applied Materials Inc. | 3.85% | 5,984,332 | $1.5B | Add +78.7% |
| ETN Eaton Corp. PLC | 3.76% | 4,721,223 | $1.5B | Reduce -1.5% |
| APP AppLovin Corp. Class A | 3.69% | 2,185,747 | $1.5B | Reduce -3.6% |
| SPOT Spotify Technology SA | 3.56% | 2,450,881 | $1.4B | Add +35.9% |
| RDDT Reddit Inc. Class A | 3.19% | 5,550,241 | $1.3B | Reduce -5.9% |
| NFLX Netflix Inc. | 2.55% | 10,861,355 | $1.0B | Add +75.5% |
| DASH DoorDash Inc. Class A | 2.47% | 4,365,365 | $988.7M | Add +77.8% |
| ORCL Oracle Corp. | 2.17% | 4,440,008 | $865.4M | Reduce -7.4% |
| CVNA Carvana Co. | 2.07% | 1,958,229 | $826.4M | Reduce -2.3% |
| SNPS Synopsys Inc. | 1.95% | 1,656,489 | $778.1M | Reduce -8.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.92% | 45,750,363 | $765.9M | Reduce -3.3% |
| TSLA Tesla Inc. | 1.85% | 1,641,406 | $738.2M | Reduce -5.1% |
| GOOG Alphabet Inc. Class C | 1.57% | 2,000,536 | $627.8M | Reduce -4.3% |
| NTRA Natera Inc. | 1.51% | 2,633,334 | $603.3M | Add +1446.1% |
| SNOW Snowflake Inc. | 1.36% | 2,480,963 | $544.2M | Add +26.8% |
| ISRG Intuitive Surgical Inc. | 1.14% | 807,234 | $457.2M | Add +13.6% |
| ADBE Adobe Inc. | 0.77% | 874,150 | $305.9M | Add +43.2% |
| FCNCA First Citizens Bcshs Class A | 0.75% | 139,498 | $299.4M | Reduce -31.0% |
| AMD Advanced Micro Devices | 0.66% | 1,239,043 | $265.4M | No change |
| CAI Caris Life Sciences Inc. | 0.66% | 9,819,992 | $264.9M | Reduce -3.2% |
| CHYM Chime Financial Inc. Class A | 0.63% | 10,071,992 | $253.5M | Reduce -6.0% |
| ARM Arm Holdings PLC-ADR | 0.63% | 2,300,000 | $251.4M | Add +1.8% |
| MRVL Marvell Technology Inc. | 0.44% | 2,079,046 | $176.7M | No change |
| MTZ Mastec Inc. | 0.37% | 677,909 | $147.4M | New |
| VRT Vertiv Holdings Co. Class A | 0.34% | 828,947 | $134.3M | New |
| RKT Rocket Cos Inc. Class A | 0.33% | 6,747,052 | $130.6M | New |
| PYPL PayPal Holdings Inc. | 0.25% | 1,697,505 | $99.1M | Reduce -67.6% |
| AXON Axon Enterprise Inc. | 0.22% | 155,387 | $88.2M | New |
| INFY Infosys Ltd.-SP ADR | 0.20% | 4,574,706 | $81.5M | New |
| CHRW C.H. Robinson Worldwide Inc. | 0.14% | 341,024 | $54.8M | New |
| EXPD Expeditors Intl Wash Inc. | 0.14% | 365,987 | $54.5M | New |
| GNRC Generac Holdings Inc. | 0.13% | 369,210 | $50.3M | New |
| SFM Sprouts Farmers Market Inc. | 0.12% | 601,886 | $48.0M | New |
| QS Quantumscape Corp. | 0.10% | 3,694,995 | $38.5M | Reduce -14.0% |
| CHA Chagee Holdings Ltd.-ADR | 0.09% | 3,174,115 | $36.9M | Reduce -48.6% |
| SPGI S&P Global Inc. | 0.08% | 63,451 | $33.2M | New |
| MCO Moody's Corp. | 0.08% | 64,260 | $32.8M | New |
| MPT Medical Properties Trust Inc. | 0.06% | 4,525,398 | $22.6M | Reduce -50.0% |
| NAVN Navan Inc. Class A | 0.03% | 599,280 | $10.2M | New |
| MRNA Moderna Inc. | 0.01% | 200,000 | $5.9M | New |
| IBIT iShares Bitcoin Trust ETF | 0.01% | 67,226 | $3.3M | Reduce -49.3% |
| BULL Webull Corp. | 0.00% | 74,334 | $578K | Reduce -99.3% |
Portfolio Sells Q3 2025 → Q4 2025
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −2.26 |
| INTU Intuit Inc. | Sold out | 0.00% | −1.41 |
| ORCL Oracle Corp. | Reduce -7.4% | 2.17% | −1.14 |
| META Meta Platforms Inc. Class A | Reduce -6.3% | 6.25% | −1.02 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.87 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.81 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.71 |
| ETN Eaton Corp. PLC | Reduce -1.5% | 3.76% | −0.64 |
| PYPL PayPal Holdings Inc. | Reduce -67.6% | 0.25% | −0.61 |
| HNGE Hinge Health Inc. Class A | Sold out | 0.00% | −0.57 |
| BULL Webull Corp. | Reduce -99.3% | 0.00% | −0.42 |
| FIG Figma Inc. Class A | Sold out | 0.00% | −0.41 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.41 |
| APP AppLovin Corp. Class A | Reduce -3.6% | 3.69% | −0.31 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.29 |
| VST Vistra Corp. | Sold out | 0.00% | −0.25 |
| SNPS Synopsys Inc. | Reduce -8.4% | 1.95% | −0.24 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.24 |
| NVDA Nvidia Corp. | Reduce -6.8% | 4.30% | −0.22 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.17 |
| CHA Chagee Holdings Ltd.-ADR | Reduce -48.6% | 0.09% | −0.16 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.14 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.14 |
| FCNCA First Citizens Bcshs Class A | Reduce -31.0% | 0.75% | −0.14 |
| RDDT Reddit Inc. Class A | Reduce -5.9% | 3.19% | −0.13 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.13 |
| UPST Upstart Holdings Inc. | Sold out | 0.00% | −0.11 |
| CAI Caris Life Sciences Inc. | Reduce -3.2% | 0.66% | −0.09 |
| NVAX Novavax Inc. | Sold out | 0.00% | −0.08 |
| PATH Uipath Inc. Class A | Sold out | 0.00% | −0.07 |
| ZG Zillow Group Inc. Class A | Sold out | 0.00% | −0.06 |
| MPT Medical Properties Trust Inc. | Reduce -50.0% | 0.06% | −0.06 |
| PTON Peloton Interactive Inc. Class A | Sold out | 0.00% | −0.06 |
| TSLA Tesla Inc. | Reduce -5.1% | 1.85% | −0.04 |
| QS Quantumscape Corp. | Reduce -14.0% | 0.10% | −0.03 |
| KLAR Klarna Group PLC | Sold out | 0.00% | −0.03 |
| RNG Ringcentral Inc. Class A | Sold out | 0.00% | −0.03 |
| PLUG Plug Power Inc. | Sold out | 0.00% | −0.02 |
| JOYY Joyy Inc.-ADR | Sold out | 0.00% | −0.02 |
| LCID Lucid Group Inc. | Sold out | 0.00% | −0.02 |
| IBIT iShares Bitcoin Trust ETF | Reduce -49.3% | 0.01% | −0.01 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.01 |
| SFIX Stitch Fix Inc. Class A | Sold out | 0.00% | −0.01 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −0.01 |
| CHPT Chargepoint Holdings Inc. | Sold out | 0.00% | −0.00 |
| OLPX Olaplex Holdings Inc. | Sold out | 0.00% | −0.00 |
| HTZ Hertz Global Hldgs Inc. | Sold out | 0.00% | −0.00 |
| AMC AMC Entertainment HLDS Class A | Sold out | 0.00% | −0.00 |
| BYND Beyond Meat Inc. | Sold out | 0.00% | −0.00 |
| API Agora Inc.-ADR | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| AMAT Applied Materials Inc. | Add +78.7% | 3.85% | +2.17 |
| NTRA Natera Inc. | Add +1446.1% | 1.51% | +1.44 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.9% | 6.56% | +1.03 |
| AMZN Amazon.com Inc. | Add +13.6% | 5.74% | +1.03 |
| DASH DoorDash Inc. Class A | Add +77.8% | 2.47% | +0.84 |
| NFLX Netflix Inc. | Add +75.5% | 2.55% | +0.73 |
| CEG Constellation Energy | Add +3.2% | 5.22% | +0.60 |
| SPOT Spotify Technology SA | Add +35.9% | 3.56% | +0.48 |
| MTZ Mastec Inc. | New | 0.37% | +0.37 |
| ISRG Intuitive Surgical Inc. | Add +13.6% | 1.14% | +0.36 |
| MSFT Microsoft Corp. | Add +11.4% | 6.26% | +0.36 |
| VRT Vertiv Holdings Co. Class A | New | 0.34% | +0.34 |
| RKT Rocket Cos Inc. Class A | New | 0.33% | +0.33 |
| SNOW Snowflake Inc. | Add +26.8% | 1.36% | +0.28 |
| ADBE Adobe Inc. | Add +43.2% | 0.77% | +0.24 |
| AXON Axon Enterprise Inc. | New | 0.22% | +0.22 |
| INFY Infosys Ltd.-SP ADR | New | 0.20% | +0.20 |
| CHRW C.H. Robinson Worldwide Inc. | New | 0.14% | +0.14 |
| EXPD Expeditors Intl Wash Inc. | New | 0.14% | +0.14 |
| GNRC Generac Holdings Inc. | New | 0.13% | +0.13 |
| SFM Sprouts Farmers Market Inc. | New | 0.12% | +0.12 |
| SPGI S&P Global Inc. | New | 0.08% | +0.08 |
| MCO Moody's Corp. | New | 0.08% | +0.08 |
| NAVN Navan Inc. Class A | New | 0.03% | +0.03 |
| MRNA Moderna Inc. | New | 0.01% | +0.01 |
| ARM Arm Holdings PLC-ADR | Add +1.8% | 0.63% | −0.15 |
Notes & Other Activity Q3 2025 → Q4 2025
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Sold out | 468,814 | $1.7Mbefore exit |
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 |