Coatue Management

CIK: 0001135730 · Filing period: 2025-12-31

Innovation Edge

Philippe Laffont's tech-focused fund tries to spot the next platform shift early — from smartphones to cloud to AI.

A Copyable return: +43.5%/yr vs S&P +20.9%/yr if you'd mirrored their filings (2022-03-31 → 2025-09-30) · beat the market 79% of quarters how?

1.4×

Trust Weight

Positions

In our model

New

Increasing

Decreasing

Unchanged

In Our Model Portfolio

These holdings also appear in the Big Money Radar model

META 6.2% AMZN 5.7% GOOGL 5.4% NVDA 4.3% CVNA 2.1% AMD 0.7%

Recent Moves

What Coatue Management opened, added to, or trimmed in their latest 13F — 35 position changes

TSM TAIWAN SEMICONDUCTOR MANUFAC ▼ Trimmed -4% 8.8% of port. LRCX LAM RESEARCH CORP ▼ Trimmed -6% 8.4% of port. MU MICRON TECHNOLOGY INC ▲ Added +1794% 7.5% of port. — SPACE EXPLORATION TECHN CORP ● New 6.5% of port. AMAT APPLIED MATLS INC ▼ Trimmed -20% 6.3% of port. AMZN AMAZON COM INC ▲ Added +49% 5.8% of port. AVGO BROADCOM INC ▲ Added +6% 4.5% of port. ETN EATON CORP PLC ▲ Added +5% 4.3% of port. GOOGL ALPHABET INC ▲ Added +13% 3.6% of port. INTC INTEL CORP ● New 3.5% of port.

Top 10 positions (% of portfolio)

Sector breakdown

All Holdings

52 positions, sorted by portfolio weight

← swipe to see all columns

#	Company	Ticker	Sector	% of Portfolio	Activity	Change
1	TAIWAN SEMICONDUCTOR MFG LTD	TSM	Technology	6.6%	▲ Increasing	+7%
2	MICROSOFT CORP	MSFT	Technology	6.3%	▲ Increasing	+11%
3	META PLATFORMS INC	META	Technology	6.2%	▼ Decreasing	-6%
4	AMAZON COM INC	AMZN	Consumer	5.7%	▲ Increasing	+14%
5	GE VERNOVA INC	GEV	Industrials	5.5%	▼ Decreasing	-7%
6	ALPHABET INC	GOOGL	Technology	5.4%	▼ Decreasing	-5%
7	CONSTELLATION ENERGY CORP	CEG	Energy	5.2%	▲ Increasing	+3%
8	BROADCOM INC	AVGO	Technology	4.8%	▼ Decreasing	-4%
9	NVIDIA CORPORATION	NVDA	Technology	4.3%	▼ Decreasing	-7%
10	LAM RESEARCH CORP	LRCX	Technology	4.2%	— Unchanged	-2%
11	APPLIED MATLS INC	AMAT	Technology	3.9%	▲ Increasing	+79%
12	EATON CORP PLC	ETN	Industrials	3.8%	— Unchanged	-2%
13	APPLOVIN CORP	APP	Technology	3.7%	▼ Decreasing	-4%
14	SPOTIFY TECHNOLOGY S A	SPOT	Communications	3.6%	▲ Increasing	+36%
15	REDDIT INC	RDDT	Other	3.2%	▼ Decreasing	-6%
16	NETFLIX INC	NFLX	Communications	2.5%	▲ Increasing	+1655%
17	DOORDASH INC	DASH	Other	2.5%	▲ Increasing	+78%
18	ORACLE CORP	ORCL	Other	2.2%	▼ Decreasing	-7%
19	CARVANA CO	CVNA	Other	2.1%	▼ Decreasing	-2%
20	SYNOPSYS INC	SNPS	Other	1.9%	▼ Decreasing	-8%
21	NU HLDGS LTD	NU	Other	1.9%	▼ Decreasing	-3%
22	TESLA INC	TSLA	Consumer	1.9%	▼ Decreasing	-5%
23	ALPHABET INC	GOOG	Technology	1.6%	▼ Decreasing	-4%
24	NATERA INC	NTRA	Other	1.5%	▲ Increasing	+1446%
25	SNOWFLAKE INC	SNOW	Other	1.4%	▲ Increasing	+27%
26	INTUITIVE SURGICAL INC	ISRG	Other	1.1%	▲ Increasing	+14%
27	ADOBE INC	ADBE	Other	0.8%	▲ Increasing	+43%
28	FIRST CTZNS BANCSHARES INC D	FCNCA	Other	0.8%	▼ Decreasing	-31%
29	ADVANCED MICRO DEVICES INC	AMD	Technology	0.7%	— Unchanged	—
30	CARIS LIFE SCIENCES INC	CAI	Other	0.7%	▼ Decreasing	-3%
31	ARM HOLDINGS PLC	ARM	Other	0.6%	— Unchanged	+2%
32	CHIME FINL INC	CHYM	Other	0.6%	▼ Decreasing	-6%
33	MARVELL TECHNOLOGY INC	MRVL	Other	0.4%	— Unchanged	—
34	MASTEC INC	MSTR	Other	0.4%	● New	NEW
35	VERTIV HOLDINGS CO	VRT	Other	0.3%	● New	NEW
36	ROCKET COS INC	RKT	Other	0.3%	● New	NEW
37	PAYPAL HLDGS INC	PYPL	Other	0.2%	▼ Decreasing	-68%
38	AXON ENTERPRISE INC	AXON	Other	0.2%	● New	NEW
39	INFOSYS LTD	INFY	Other	0.2%	● New	NEW
40	C H ROBINSON WORLDWIDE INC	CHRW	Other	0.1%	● New	NEW
41	EXPEDITORS INTL WASH INC	EXPD	Other	0.1%	● New	NEW
42	GENERAC HLDGS INC	GNRC	Other	0.1%	● New	NEW
43	SPROUTS FMRS MKT INC	SFM	Other	0.1%	● New	NEW
44	QUANTUMSCAPE CORP	QS	Other	0.1%	▼ Decreasing	-14%
45	CHAGEE HLDGS LTD	CHA	Other	0.1%	▼ Decreasing	-49%
46	MOODYS CORP	MCO	Financials	0.1%	● New	NEW
47	S&P GLOBAL INC	SPGI	Other	0.1%	● New	NEW
48	MEDICAL PPTYS TRUST INC	MPT	Other	0.1%	▼ Decreasing	-50%
49	NAVAN INC	NAVN	Other	0.0%	● New	NEW
50	ISHARES BITCOIN TRUST ETF	IBIT	Other	0.0%	▼ Decreasing	-49%
… and 2 more positions

#1 TAIWAN SEMICONDUCTOR MFG LTD 6.6%

TSM · Technology ▲ Increasing +7%

#2 MICROSOFT CORP 6.3%

MSFT · Technology ▲ Increasing +11%

#3 META PLATFORMS INC 6.2%

META · Technology ▼ Decreasing -6%

#4 AMAZON COM INC 5.7%

AMZN · Consumer ▲ Increasing +14%

#5 GE VERNOVA INC 5.5%

GEV · Industrials ▼ Decreasing -7%

#6 ALPHABET INC 5.4%

GOOGL · Technology ▼ Decreasing -5%

#7 CONSTELLATION ENERGY CORP 5.2%

CEG · Energy ▲ Increasing +3%

#8 BROADCOM INC 4.8%

AVGO · Technology ▼ Decreasing -4%

#9 NVIDIA CORPORATION 4.3%

NVDA · Technology ▼ Decreasing -7%

#10 LAM RESEARCH CORP 4.2%

LRCX · Technology — Unchanged

#11 APPLIED MATLS INC 3.9%

AMAT · Technology ▲ Increasing +79%

#12 EATON CORP PLC 3.8%

ETN · Industrials — Unchanged

#13 APPLOVIN CORP 3.7%

APP · Technology ▼ Decreasing -4%

#14 SPOTIFY TECHNOLOGY S A 3.6%

SPOT · Communications ▲ Increasing +36%

#15 REDDIT INC 3.2%

RDDT · Other ▼ Decreasing -6%

#16 NETFLIX INC 2.5%

NFLX · Communications ▲ Increasing +1655%

#17 DOORDASH INC 2.5%

DASH · Other ▲ Increasing +78%

#18 ORACLE CORP 2.2%

ORCL · Other ▼ Decreasing -7%

#19 CARVANA CO 2.1%

CVNA · Other ▼ Decreasing -2%

#20 SYNOPSYS INC 1.9%

SNPS · Other ▼ Decreasing -8%

#21 NU HLDGS LTD 1.9%

NU · Other ▼ Decreasing -3%

#22 TESLA INC 1.9%

TSLA · Consumer ▼ Decreasing -5%

#23 ALPHABET INC 1.6%

GOOG · Technology ▼ Decreasing -4%

#24 NATERA INC 1.5%

NTRA · Other ▲ Increasing +1446%

#25 SNOWFLAKE INC 1.4%

SNOW · Other ▲ Increasing +27%

#26 INTUITIVE SURGICAL INC 1.1%

ISRG · Other ▲ Increasing +14%

#27 ADOBE INC 0.8%

ADBE · Other ▲ Increasing +43%

#28 FIRST CTZNS BANCSHARES INC D 0.8%

FCNCA · Other ▼ Decreasing -31%

#29 ADVANCED MICRO DEVICES INC 0.7%

AMD · Technology — Unchanged

#30 CARIS LIFE SCIENCES INC 0.7%

CAI · Other ▼ Decreasing -3%

#31 ARM HOLDINGS PLC 0.6%

ARM · Other — Unchanged

#32 CHIME FINL INC 0.6%

CHYM · Other ▼ Decreasing -6%

#33 MARVELL TECHNOLOGY INC 0.4%

MRVL · Other — Unchanged

#34 MASTEC INC 0.4%

MSTR · Other ● New

#35 VERTIV HOLDINGS CO 0.3%

VRT · Other ● New

#36 ROCKET COS INC 0.3%

RKT · Other ● New

#37 PAYPAL HLDGS INC 0.2%

PYPL · Other ▼ Decreasing -68%

#38 AXON ENTERPRISE INC 0.2%

AXON · Other ● New

#39 INFOSYS LTD 0.2%

INFY · Other ● New

#40 C H ROBINSON WORLDWIDE INC 0.1%

CHRW · Other ● New

#41 EXPEDITORS INTL WASH INC 0.1%

EXPD · Other ● New

#42 GENERAC HLDGS INC 0.1%

GNRC · Other ● New

#43 SPROUTS FMRS MKT INC 0.1%

SFM · Other ● New

#44 QUANTUMSCAPE CORP 0.1%

QS · Other ▼ Decreasing -14%

#45 CHAGEE HLDGS LTD 0.1%

CHA · Other ▼ Decreasing -49%

#46 MOODYS CORP 0.1%

MCO · Financials ● New

#47 S&P GLOBAL INC 0.1%

SPGI · Other ● New

#48 MEDICAL PPTYS TRUST INC 0.1%

MPT · Other ▼ Decreasing -50%

#49 NAVAN INC 0.0%

NAVN · Other ● New

#50 ISHARES BITCOIN TRUST ETF 0.0%

IBIT · Other ▼ Decreasing -49%

… and 2 more positions

⚠ Disclaimer: Holdings data from SEC EDGAR 13F filings for Coatue Management, delayed up to 135 days after quarter-end. This is not investment advice. The investor may have already changed these positions.

Get the Weekly Update

Every week, we'll send you what Buffett, Dalio, Ackman and 47 other legendary investors are buying — free, straight from their SEC filings.

Also alert me when a politician or insider makes a major trade ($500K+)

Free forever · No spam · Unsubscribe anytime