Philippe Laffont Coatue Management
Philippe Laffont is the founder of Coatue Management, a technology-focused hedge fund that has grown into one of the most prominent investors in the sector. A protégé of Julian Robertson, he is one of the so-called “Tiger Cubs” who launched their own funds after working at Tiger Management. Laffont’s investment approach centers on deep research into technology, media, and telecommunications companies, spanning both public markets and private venture investments. He is known for backing innovative, high-growth businesses and for his early conviction in transformative technology trends.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equinix
EQIX
|
+$970M |
| 2 |
ASML
ASML
|
+$680M |
| 3 |
Visa
V
|
+$231M |
| 4 |
TSMC
TSM
|
+$225M |
| 5 |
Qualcomm
QCOM
|
+$202M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.13B |
| 2 |
Oracle
ORCL
|
+$865M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$794M |
| 4 |
DoorDash
DASH
|
+$705M |
| 5 |
Tesla
TSLA
|
+$652M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 42.29% |
| 2 | Communication Services | 18.82% |
| 3 | Industrials | 15.68% |
| 4 | Consumer Discretionary | 6.94% |
| 5 | Utilities | 4.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Visa
V
$669B
| $217M | 0.75% |
+718,753
| New | +$231M |
|
27
Carvana
CVNA
$43.1B
| $214M | 0.74% |
3,405,000
-6,386,145
| -65% | -$474M |
|
|
CHYM
28
Chime Financial
CHYM
$7.91B
| $189M | 0.65% |
10,071,992
| – | – |
|
29
MasTec
MTZ
$28.4B
| $188M | 0.65% |
583,597
-94,312
| -14% | -$25.5M |
|
|
30
Qualcomm
QCOM
$180B
| $179M | 0.61% |
+1,387,312
| New | +$202M |
|
|
CAI
31
Caris Life Sciences
CAI
$4.42B
| $176M | 0.6% |
9,819,992
| – | – |
|
|
SOLS
32
Solstice Advanced Materials
SOLS
$9.67B
| $126M | 0.43% |
+1,654,589
| New | +$113M |
|
33
C.H. Robinson
CHRW
$24.2B
| $95.2M | 0.33% |
573,010
+231,986
| +68% | +$41.5M |
|
34
Sprouts Farmers Market
SFM
$6.91B
| $92.8M | 0.32% |
1,203,773
+601,887
| +100% | +$44.9M |
|
|
35
DoorDash
DASH
$74B
| $82.9M | 0.29% |
551,808
-3,813,557
| -87% | -$705M |
|
36
Generac Holdings
GNRC
$12.4B
| $76.3M | 0.26% |
390,513
+21,303
| +6% | +$4.09M |
|
37
Enphase Energy
ENPH
$5.13B
| $62.3M | 0.21% |
+1,647,893
| New | +$68.4M |
|
38
PayPal
PYPL
$49.4B
| $56.2M | 0.19% |
1,243,590
-453,915
| -27% | -$21.9M |
|
39
Micron Technology
MU
$1.12T
| $56.1M | 0.19% |
+165,931
| New | +$65M |
|
40
Arbor Realty Trust
ABR
$966M
| $32.4M | 0.11% |
+4,196,885
| New | +$32.7M |
|
41
Trade Desk
TTD
$7.89B
| $31.5M | 0.11% |
+1,387,089
| New | +$40M |
|
42
Novavax
NVAX
$1.29B
| $31.2M | 0.11% |
+3,836,986
| New | +$34.8M |
|
43
Pinterest
PINS
$12.3B
| $30.8M | 0.11% |
+1,678,764
| New | +$35M |
|
44
Zillow
Z
$6.77B
| $30.6M | 0.11% |
+739,700
| New | +$39.3M |
|
45
QuantumScape Corp
QS
$3.15B
| $27.4M | 0.09% |
4,294,995
+600,000
| +16% | +$4.98M |
|
46
UiPath
PATH
$5.28B
| $25.2M | 0.09% |
+2,269,557
| New | +$28.9M |
|
47
Upstart Holdings
UPST
$2.64B
| $22.3M | 0.08% |
+870,947
| New | +$30.6M |
|
|
48
Tesla
TSLA
$1.2T
| $21.9M | 0.08% |
58,838
-1,582,568
| -96% | -$652M |
|
|
MPT
49
Medical Properties Trust
MPT
$2.87B
| $21M | 0.07% |
4,525,398
| – | – |
|
50
RingCentral
RNG
$3.24B
| $15.3M | 0.05% |
+411,351
| New | +$13.3M |
|
Similar funds
Philippe Laffont's Q1 2026 Portfolio in Review
As of Q1 2026, Philippe Laffont held 78 positions worth $29.1B, down 27% from $40B the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Philippe Laffont withdrew a net $9.25B in Q1 2026, closing 16 positions and reducing 22 holdings. Its most notable exit was Oracle, an estimated $865M position sold in full.
By sector, the portfolio is most concentrated in Technology at 42% of assets, up from 39% a quarter earlier, followed by Communication Services and Industrials.
Against the trend, Philippe Laffont opened a new position in Equinix worth $1.07B.
- Philippe Laffont's largest Q1 2026 buy was Equinix: 1,090,886 shares worth $1.07B.
- Philippe Laffont added most to TSMC in Q1 2026, an estimated $225M increase.
- Philippe Laffont's biggest Q1 2026 reduction was Microsoft, cutting an estimated $1.13B.
- Philippe Laffont fully exited Oracle in Q1 2026, selling an estimated $865M.
- Philippe Laffont's ten largest holdings make up 64% of its $29.1B portfolio in Q1 2026.
- Philippe Laffont opened 26 new positions and closed 16 in Q1 2026.
- Philippe Laffont's portfolio value fell 27% quarter-over-quarter to $29.1B.
Based on Coatue Management's 13F filing for Q1 2026, filed 15 May 2026.