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Atreides Management Portfolio holdings
AUM
$5B
1-Year Est. Return
78.34%
This Fund
S&P 500
This Quarter
Est. Return
-10.12%
1 Year Est. Return
+78.34%
3 Year Est. Return
+140.1%
5 Year Est. Return
+86.47%
10 Year Est. Return
–
AUM
$3.06B
AUM Growth
-$833M
(-21%)
Cap. Flow
-$497M
Cap. Flow
% of AUM
-16.23%
Top 10 Holdings %
Top 10 Hldgs %
74.02%
Holding
42
New
9
Increased
7
Reduced
11
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sea Limited
SE
|
+$243M |
| 2 |
Advanced Micro Devices
AMD
|
+$242M |
| 3 |
Microsoft
MSFT
|
+$215M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$161M |
| 5 |
Meta Platforms (Facebook)
META
|
+$114M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$136M |
| 2 |
CrowdStrike
CRWD
|
+$121M |
| 3 |
Dick's Sporting Goods
DKS
|
+$120M |
| 4 |
Deckers Outdoor
DECK
|
+$114M |
| 5 |
Marvell Technology
MRVL
|
+$96.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 40.47% |
| 2 | Consumer Discretionary | 35.35% |
| 3 | Communication Services | 10% |
| 4 | Financials | 7.98% |
| 5 | Industrials | 0.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Joby Aviation
JOBY
$7.03B
| $6.45M | 0.21% |
1,000,000
| – | – |
|
27
Coherent
COHR
$51.4B
| $5.82M | 0.19% |
+178,293
| New | +$7.32M |
|
28
Taboola.com
TBLA
$1.37B
| $2.75M | 0.09% |
725,000
| – | – |
|
29
Amplitude
AMPL
$1.18B
| $1.08M | 0.04% |
93,209
-634,271
| -87% | -$7.34M |
|
|
30
CALL
Advanced Micro Devices
AMD
$776B
| – | – |
-400,000
| Closed | -$45.6M |
|
|
31
Amazon
AMZN
$2.92T
| – | – |
-1,043,541
| Closed | -$136M |
|
32
Brunswick
BC
$5.13B
| – | – |
-239,761
| Closed | -$20.8M |
|
33
BILL Holdings
BILL
$4.49B
| – | – |
-583,905
| Closed | -$68.2M |
|
|
34
Deckers Outdoor
DECK
$13.2B
| – | – |
-1,298,484
| Closed | -$114M |
|
|
35
Dick's Sporting Goods
DKS
$17.5B
| – | – |
-909,685
| Closed | -$120M |
|
36
Elastic
ESTC
$6.84B
| – | – |
-1,229,740
| Closed | -$78.9M |
|
37
Hewlett Packard
HPE
$63.4B
| – | – |
-3,101,513
| Closed | -$52.1M |
|
|
38
Marvell Technology
MRVL
$168B
| – | – |
-1,608,797
| Closed | -$96.2M |
|
39
Pinterest
PINS
$13.4B
| – | – |
-3,366,448
| Closed | -$92M |
|
40
Planet Fitness
PLNT
$4.42B
| – | – |
-1,220,212
| Closed | -$82.3M |
|
41
PUT
Invesco QQQ Trust
QQQ
$453B
| – | – |
-1,500,000
| Closed | -$554M |
|
42
Take-Two Interactive
TTWO
$45.4B
| – | – |
-62,025
| Closed | -$9.13M |
|
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Atreides Management's Q3 2023 Portfolio in Review
As of Q3 2023, Atreides Management held 42 positions worth $3.06B, down 21% from $3.89B the previous quarter. Its ten largest holdings account for 74% of the portfolio.
Atreides Management withdrew a net $497M in Q3 2023, closing 13 positions and reducing 11 holdings. Its most notable exit was Amazon, an estimated $136M position sold in full.
By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Atreides Management opened a new position in Microsoft worth $205M.
- Atreides Management's largest Q3 2023 buy was Microsoft: 649,162 shares worth $205M.
- Atreides Management added most to Sea Limited in Q3 2023, an estimated $243M increase.
- Atreides Management's biggest Q3 2023 reduction was CrowdStrike, cutting an estimated $121M.
- Atreides Management fully exited Amazon in Q3 2023, selling an estimated $136M.
- Atreides Management's ten largest holdings make up 74% of its $3.06B portfolio in Q3 2023.
- Atreides Management opened 9 new positions and closed 13 in Q3 2023.
- Atreides Management's portfolio value fell 21% quarter-over-quarter to $3.06B.
Based on Atreides Management's 13F filing for Q3 2023, filed 14 Nov 2023.