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 |
SPCX
SpaceX
SPCX
|
+$3.15B |
| 2 |
Micron Technology
MU
|
+$2.23B |
| 3 |
CBRS
Cerebras Systems
CBRS
|
+$1.65B |
| 4 |
Intel
INTC
|
+$1.22B |
| 5 |
Amazon
AMZN
|
+$980M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applied Materials
AMAT
|
+$477M |
| 2 |
ASML
ASML
|
+$320M |
| 3 |
Visa
V
|
+$217M |
| 4 |
Synopsys
SNPS
|
+$209M |
| 5 |
Netflix
NFLX
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 49.21% |
| 2 | Industrials | 20.93% |
| 3 | Communication Services | 11.49% |
| 4 | Consumer Discretionary | 6.61% |
| 5 | Financials | 3.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Netflix
NFLX
$326B
| $336M | 0.69% |
4,710,420
-2,183,140
| -32% | -$192M |
|
27
Alphabet (Google) Class C
GOOG
$4.1T
| $321M | 0.66% |
908,395
-207,490
| -19% | -$74.2M |
|
28
Intuitive Surgical
ISRG
$130B
| $316M | 0.65% |
793,704
-61,521
| -7% | -$26.9M |
|
29
First Citizens BancShares
FCNCA
$24.9B
| $290M | 0.6% |
139,498
| – | – |
|
30
Vertiv
VRT
$108B
| $270M | 0.56% |
806,594
-175,039
| -18% | -$55.5M |
|
31
Qualcomm
QCOM
$180B
| $256M | 0.53% |
1,387,312
| – | – |
|
32
Carvana
CVNA
$53.7B
| $216M | 0.44% |
3,278,865
-126,135
| -4% | -$8.92M |
|
33
MasTec
MTZ
$19B
| $215M | 0.44% |
517,250
-66,347
| -11% | -$25.4M |
|
|
CAI
34
Caris Life Sciences
CAI
$7.08B
| $175M | 0.36% |
9,819,992
| – | – |
|
|
35
Synopsys
SNPS
$75.5B
| $142M | 0.29% |
317,465
-444,295
| -58% | -$209M |
|
36
Generac Holdings
GNRC
$11.1B
| $114M | 0.24% |
390,513
| – | – |
|
37
Sprouts Farmers Market
SFM
$7.59B
| $102M | 0.21% |
1,203,773
| – | – |
|
38
DoorDash
DASH
$91.7B
| $96.8M | 0.2% |
524,792
-27,016
| -5% | -$4.47M |
|
39
Enphase Energy
ENPH
$4.81B
| $76.7M | 0.16% |
1,556,941
-90,952
| -6% | -$4.14M |
|
40
Booz Allen Hamilton
BAH
$8.76B
| $65.7M | 0.14% |
+1,083,410
| New | +$82.7M |
|
41
Advanced Micro Devices
AMD
$780B
| $55.8M | 0.11% |
+95,987
| New | +$39.4M |
|
42
PayPal
PYPL
$47B
| $53.7M | 0.11% |
1,243,590
| – | – |
|
43
Novavax
NVAX
$1.69B
| $36.1M | 0.07% |
3,836,986
| – | – |
|
44
Comfort Systems
FIX
$56.7B
| $35.3M | 0.07% |
+17,793
| New | +$32.3M |
|
45
QuantumScape Corp
QS
$3.37B
| $32.5M | 0.07% |
4,294,995
| – | – |
|
46
Upstart Holdings
UPST
$2.73B
| $30.9M | 0.06% |
870,947
| – | – |
|
47
Argan
AGX
$5.86B
| $28.8M | 0.06% |
+36,101
| New | +$24M |
|
48
Tesla
TSLA
$1.4T
| $25.2M | 0.05% |
59,963
+1,125
| +2% | +$447K |
|
49
Pinterest
PINS
$11.6B
| $25.2M | 0.05% |
1,197,780
-480,984
| -29% | -$9.66M |
|
50
Trade Desk
TTD
$6.78B
| $25.1M | 0.05% |
1,387,089
| – | – |
|
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Philippe Laffont's Q2 2026 Portfolio in Review
As of Q2 2026, Philippe Laffont held 71 positions worth $48.6B, up 67% from $29.1B the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Philippe Laffont deployed $9.41B of net new capital in Q2 2026, opening 9 new positions and adding to 8 existing holdings. Its largest new stake was SpaceX: 18,561,780 shares worth $3.17B.
By sector, the portfolio is most concentrated in Technology at 49% of assets, up from 42% a quarter earlier, followed by Industrials and Communication Services.
On the sell side, the largest reduction was Applied Materials, an estimated $477M trimmed.
- Philippe Laffont's largest Q2 2026 buy was SpaceX: 18,561,780 shares worth $3.17B.
- Philippe Laffont added most to Micron Technology in Q2 2026, an estimated $2.23B increase.
- Philippe Laffont's biggest Q2 2026 reduction was Applied Materials, cutting an estimated $477M.
- Philippe Laffont fully exited Visa in Q2 2026, selling an estimated $217M.
- Philippe Laffont's ten largest holdings make up 62% of its $48.6B portfolio in Q2 2026.
- Philippe Laffont opened 9 new positions and closed 5 in Q2 2026.
- Philippe Laffont's portfolio value rose 67% quarter-over-quarter to $48.6B.
Based on Coatue Management's 13F filing for Q2 2026, filed 14 Aug 2026.