Coatue Management LLC
Reported US equity positions for Q1 2026 — $29.1B across 198 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $3.1B | 10.8% | 9,283,547 |
| GEV GE Vernova Inc. | $2.2B | 7.7% | 2,572,358 |
| LRCX Lam Research Corporation | $2.1B | 7.4% | 10,043,505 |
| AMAT Applied Materials, Inc. | $1.8B | 6.2% | 5,248,202 |
| AVGO Broadcom Inc. | $1.7B | 5.9% | 5,503,852 |
| G29183103 Eaton Corp PLC | $1.7B | 5.8% | 4,748,498 |
| AMZN Amazon.com, Inc. | $1.7B | 5.7% | 7,930,766 |
| META Meta Platforms, Inc. | $1.6B | 5.5% | 2,812,056 |
| CEG Constellation Energy Corporation - Common Stock When-Issued | $1.3B | 4.5% | 4,632,475 |
| GOOGL Alphabet Inc. | $1.2B | 4.3% | 4,313,426 |
| NVDA NVIDIA Corporation | $1.1B | 3.8% | 6,331,620 |
| EQIX Equinix, Inc. | $1.1B | 3.7% | 1,090,886 |
| MSFT Microsoft Corporation | $918.0M | 3.2% | 2,480,017 |
| NFLX Netflix, Inc. | $662.8M | 2.3% | 6,893,560 |
| N07059210 Asml Hldg Nv | $655.4M | 2.3% | 496,234 |
| L8681T102 Spotify Technology S A | $640.5M | 2.2% | 1,320,914 |
| APP Applovin Corporation | $513.4M | 1.8% | 1,290,008 |
| NTRA Natera, Inc. | $508.3M | 1.7% | 2,541,842 |
| G6683N103 Nu Hldgs LTD | $421.5M | 1.5% | 29,333,576 |
| ISRG Intuitive Surgical, Inc. | $394.3M | 1.4% | 855,225 |
| RDDT Reddit, Inc. Class A | $375.7M | 1.3% | 2,789,891 |
| GOOG Alphabet Inc. - Class C Capital Stock | $320.1M | 1.1% | 1,115,885 |
| SNPS Synopsys, Inc. | $302.0M | 1.0% | 761,760 |
| FCNCA First Citizens BancShares, Inc. | $262.9M | 0.9% | 139,498 |
| VRT Vertiv Holdings, LLC Class A | $246.0M | 0.8% | 981,633 |
| V Visa Inc. | $217.2M | 0.7% | 718,753 |
| CVNA Carvana Co. Class A | $214.1M | 0.7% | 681,000 |
| CHYM Chime Finl INC | $188.6M | 0.6% | 10,071,992 |
| MTZ MasTec, Inc. | $187.8M | 0.6% | 583,597 |
| QCOM QUALCOMM Incorporated | $178.7M | 0.6% | 1,387,312 |
| CAI Caris Life Sciences INC | $175.6M | 0.6% | 9,819,992 |
| SOLS Solstice Advanced Matls INC | $126.0M | 0.4% | 1,654,589 |
| CHRW C.H. Robinson Worldwide, Inc. | $95.2M | 0.3% | 573,010 |
| SFM Sprouts Farmers Market, Inc. | $92.8M | 0.3% | 1,203,773 |
| DASH DoorDash, Inc. | $82.9M | 0.3% | 551,808 |
| GNRC Generac Holdlings Inc. | $76.3M | 0.3% | 390,513 |
| ENPH Enphase Energy, Inc. | $62.3M | 0.2% | 1,647,893 |
| PYPL PayPal Holdings, Inc. | $56.2M | 0.2% | 1,243,590 |
| MU Micron Technology, Inc. | $56.1M | 0.2% | 165,931 |
| ABR Arbor Realty Trust | $32.4M | 0.1% | 4,196,885 |
| TTD The Trade Desk, Inc. | $31.5M | 0.1% | 1,387,089 |
| NVAX Novavax, Inc. | $31.2M | 0.1% | 3,836,986 |
| PINS Pinterest, Inc. Class A | $30.8M | 0.1% | 1,678,764 |
| Z Zillow Group, Inc. - Class C Capital Stock | $30.6M | 0.1% | 739,700 |
| QS QuantumScape Corporation | $27.4M | 0.1% | 4,294,995 |
| PATH UiPath, Inc. Class A | $25.2M | 0.1% | 2,269,557 |
| UPST Upstart Holdings, Inc. | $22.3M | 0.1% | 870,947 |
| TSLA Tesla, Inc. | $21.9M | 0.1% | 58,838 |
| MPT Medical Properties Trust, Inc. | $21.0M | 0.1% | 4,525,398 |
| RNG RingCentral, Inc. Class A | $15.3M | 0.1% | 411,351 |
| ZG Zillow Group, Inc. | $13.6M | 0.0% | 328,189 |
| PTON Peloton Interactive, Inc. | $10.7M | 0.0% | 2,500,000 |
| PLUG Plug Power, Inc. | $5.8M | 0.0% | 2,545,243 |
| LCID Lucid Group, Inc. | $2.8M | 0.0% | 295,393 |
| IBIT iShares Bitcoin Trust ETF | $2.6M | 0.0% | 67,226 |
| 679369108 Olaplex Hldgs INC | $2.6M | 0.0% | 1,264,968 |
| SFIX Stitch Fix, Inc. | $2.4M | 0.0% | 735,373 |
| HTZWW Hertz Global Hldgs INC | $1.1M | 0.0% | 468,814 |
| CHPT ChargePoint Holdings, Inc. | $748,858 | 0.0% | 154,086 |
| HTZ Hertz Global Holdings, Inc | $492,454 | 0.0% | 106,823 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What changed last quarter
| Holding | Change | Now | Was | Shares |
|---|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | Add | $3.1B | $2.6B | +8% |
| GEV GE Vernova Inc. | Trim | $2.2B | $2.2B | -24% |
| LRCX Lam Research Corporation | Add | $2.1B | $1.7B | +2% |
| AMAT Applied Materials, Inc. | Trim | $1.8B | $1.5B | -12% |
| AMZN Amazon.com, Inc. | Trim | $1.7B | $2.3B | -20% |
| META Meta Platforms, Inc. | Trim | $1.6B | $2.5B | -26% |
| CEG Constellation Energy Corporation - Common Stock When-Issued | Trim | $1.3B | $2.1B | -22% |
| GOOGL Alphabet Inc. | Trim | $1.2B | $2.1B | -37% |
| NVDA NVIDIA Corporation | Trim | $1.1B | $1.7B | -31% |
| MSFT Microsoft Corporation | Trim | $918.0M | $2.5B | -52% |
| NFLX Netflix, Inc. | Trim | $662.8M | $1.0B | -37% |
| L8681T102 Spotify Technology S A | Trim | $640.5M | $1.4B | -46% |
| APP Applovin Corporation | Trim | $513.4M | $1.5B | -41% |
| NTRA Natera, Inc. | Trim | $508.3M | $603.3M | -3% |
| G6683N103 Nu Hldgs LTD | Trim | $421.5M | $765.9M | -36% |
| ISRG Intuitive Surgical, Inc. | Add | $394.3M | $457.2M | +6% |
| RDDT Reddit, Inc. Class A | Trim | $375.7M | $1.3B | -50% |
| GOOG Alphabet Inc. - Class C Capital Stock | Trim | $320.1M | $627.8M | -44% |
| SNPS Synopsys, Inc. | Trim | $302.0M | $778.1M | -54% |
| VRT Vertiv Holdings, LLC Class A | Add | $246.0M | $134.3M | +18% |
| CVNA Carvana Co. Class A | Trim | $214.1M | $826.4M | -65% |
| MTZ MasTec, Inc. | Trim | $187.8M | $147.4M | -14% |
| CHRW C.H. Robinson Worldwide, Inc. | Add | $95.2M | $54.8M | +68% |
| SFM Sprouts Farmers Market, Inc. | Add | $92.8M | $48.0M | +100% |
| DASH DoorDash, Inc. | Trim | $82.9M | $988.7M | -87% |
| GNRC Generac Holdlings Inc. | Add | $76.3M | $50.3M | +6% |
| PYPL PayPal Holdings, Inc. | Trim | $56.2M | $99.1M | -27% |
| QS QuantumScape Corporation | Add | $27.4M | $38.5M | +16% |
| TSLA Tesla, Inc. | Trim | $21.9M | $738.2M | -96% |
New and exited positions are only shown for managers whose entire filed portfolio fits inside the positions stored here. For a manager filing more than that, a holding leaving the stored set is indistinguishable from a holding being sold, so those are reported as adds and trims only.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.