Gavin Baker Atreides Management
Gavin Baker is the founder of Atreides Management, a long/short equity firm focused on technology and innovation. He previously managed growth strategies at Fidelity, where he built a reputation for early research into cloud software, semiconductors, and internet platforms. Baker’s public portfolio is often studied for high-conviction technology themes and cyclical semiconductor exposure.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$281M |
| 2 |
Amazon
AMZN
|
+$146M |
| 3 |
Dick's Sporting Goods
DKS
|
+$127M |
| 4 |
Shopify
SHOP
|
+$118M |
| 5 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$99.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
| 2 |
Take-Two Interactive
TTWO
|
+$103M |
| 3 |
Marriott International
MAR
|
+$85.1M |
| 4 |
Snap
SNAP
|
+$74M |
| 5 |
Coinbase
COIN
|
+$55.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 39.25% |
| 2 | Technology | 26.71% |
| 3 | Communication Services | 18.91% |
| 4 | Industrials | 2.77% |
| 5 | Real Estate | 1.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Twilio
TWLO
$34.6B
| $40.5M | 1.51% |
483,477
-321,604
| -40% | -$36M |
|
27
ServiceNow
NOW
$133B
| $38.9M | 1.45% |
+408,905
| New | +$39M |
|
|
XYZ
28
CALL
Block Inc
XYZ
$49.4B
| $36.9M | 1.37% |
+600,000
| New | +$54.8M |
|
29
Liberty Media Series C
FWONK
$26.3B
| $34.5M | 1.28% |
561,679
-397,601
| -41% | -$24.3M |
|
|
30
Alphabet (Google) Class A
GOOGL
$4.22T
| $32.3M | 1.2% |
296,540
-1,642,220
| -85% | -$193M |
|
31
MGM Resorts International
MGM
$11B
| $29M | 1.08% |
1,000,051
+240,874
| +32% | +$8.64M |
|
32
AT&T
T
$173B
| $21.4M | 0.8% |
+1,022,122
| New | +$20.4M |
|
33
Samsara
IOT
$23.3B
| $14.5M | 0.54% |
1,297,137
+634,675
| +96% | +$7.66M |
|
|
SOND
34
DELISTED
Sonder
SOND
| $7.71M | 0.29% |
370,468
-2,836
| -0.8% | -$161K |
|
35
Wayfair
W
$13.9B
| $6.55M | 0.24% |
150,312
-167,365
| -53% | -$11.8M |
|
|
CPARU
36
DELISTED
Catalyst Partners Acquisition Corp. Unit
CPARU
| $5.34M | 0.2% |
546,328
-11,722
| -2% | -$115K |
|
37
Joby Aviation
JOBY
$7.45B
| $4.91M | 0.18% |
1,000,000
| – | – |
|
38
Roku
ROKU
$23.4B
| $4.62M | 0.17% |
56,281
-101,102
| -64% | -$9.8M |
|
|
STRY
39
DELISTED
Starry Group Holdings, Inc.
STRY
| $3.57M | 0.13% |
866,667
| – | – |
|
40
Taboola.com
TBLA
$1.01B
| $1.83M | 0.07% |
725,000
| – | – |
|
41
Owlet
OWLT
$152M
| $850K | 0.03% |
35,714
| – | – |
|
|
BRDS
42
DELISTED
Bird Global, Inc.
BRDS
| $95K | ﹤0.01% |
8,708
-129
| -1% | -$3.93K |
|
43
CALL
Airbnb
ABNB
$110B
| – | – |
-158,500
| Closed | -$27.2M |
|
|
44
Coinbase
COIN
$49.2B
| – | – |
-291,035
| Closed | -$55.3M |
|
45
Elastic
ESTC
$8.93B
| – | – |
-616,374
| Closed | -$54.8M |
|
|
46
Marriott International
MAR
$92.9B
| – | – |
-484,282
| Closed | -$85.1M |
|
47
Micron Technology
MU
$1.09T
| – | – |
-507,808
| Closed | -$39.6M |
|
|
48
Snap
SNAP
$8.86B
| – | – |
-2,055,814
| Closed | -$74M |
|
|
HCP
49
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| – | – |
-74,792
| Closed | -$4.04M |
|
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Gavin Baker's Q2 2022 Portfolio in Review
As of Q2 2022, Gavin Baker held 49 positions worth $2.69B, down 17% from $3.25B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Gavin Baker deployed $597M of net new capital in Q2 2022, opening 11 new positions and adding to 13 existing holdings. Its largest new stake was Meta Platforms (Facebook): 1,459,110 shares worth $235M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 39% of assets, up from 39% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Alphabet (Google) Class A, an estimated $193M trimmed.
- Gavin Baker's largest Q2 2022 buy was Meta Platforms (Facebook): 1,459,110 shares worth $235M.
- Gavin Baker added most to Amazon in Q2 2022, an estimated $146M increase.
- Gavin Baker's biggest Q2 2022 reduction was Alphabet (Google) Class A, cutting an estimated $193M.
- Gavin Baker fully exited Marriott International in Q2 2022, selling an estimated $85.1M.
- Gavin Baker's ten largest holdings make up 53% of its $2.69B portfolio in Q2 2022.
- Gavin Baker opened 11 new positions and closed 7 in Q2 2022.
- Gavin Baker's portfolio value fell 17% quarter-over-quarter to $2.69B.
Based on Atreides Management's 13F filing for Q2 2022, filed 15 Aug 2022.