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 |
CRWV
CoreWeave
CRWV
|
+$555M |
| 2 |
Alibaba
BABA
|
+$416M |
| 3 |
Lam Research
LRCX
|
+$328M |
| 4 |
Philip Morris
PM
|
+$220M |
| 5 |
Spotify
SPOT
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vertiv
VRT
|
+$724M |
| 2 |
Adobe
ADBE
|
+$459M |
| 3 |
Vistra
VST
|
+$409M |
| 4 |
ServiceNow
NOW
|
+$392M |
| 5 |
TSMC
TSM
|
+$389M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.32% |
| 2 | Communication Services | 22.44% |
| 3 | Consumer Discretionary | 15.65% |
| 4 | Industrials | 10.51% |
| 5 | Financials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Alphabet (Google) Class A
GOOGL
$3.89T
| $311M | 1.37% |
2,010,681
-1,226,910
| -38% | -$223M |
|
27
Super Micro Computer
SMCI
$20.2B
| $304M | 1.34% |
8,866,735
| – | – |
|
28
DoorDash
DASH
$74B
| $302M | 1.33% |
1,652,193
-939,802
| -36% | -$177M |
|
|
29
Adobe
ADBE
$84.3B
| $266M | 1.17% |
694,032
-1,069,690
| -61% | -$459M |
|
|
30
Philip Morris
PM
$298B
| $247M | 1.09% |
+1,555,900
| New | +$220M |
|
31
Cadence Design Systems
CDNS
$91.1B
| $247M | 1.09% |
970,777
+169,201
| +21% | +$47.1M |
|
32
Eli Lilly
LLY
$1.06T
| $152M | 0.67% |
183,721
-30,263
| -14% | -$25.2M |
|
33
Monolithic Power Systems
MPWR
$68.6B
| $112M | 0.49% |
+193,432
| New | +$122M |
|
34
Carvana
CVNA
$43.1B
| $112M | 0.49% |
+2,676,665
| New | +$118M |
|
35
Sea Limited
SE
$60.9B
| $90.9M | 0.4% |
696,609
+18,301
| +3% | +$2.27M |
|
36
Skyworks Solutions
SWKS
$9.1B
| $82.3M | 0.36% |
+1,272,952
| New | +$96.9M |
|
|
TTAN
37
ServiceTitan Inc
TTAN
$6.59B
| $60M | 0.26% |
631,258
| – | – |
|
38
Pinterest
PINS
$12.3B
| $52M | 0.23% |
+1,678,764
| New | +$56.9M |
|
39
Zillow
Z
$6.77B
| $50.7M | 0.22% |
739,700
+369,850
| +100% | +$28.3M |
|
|
TEM
40
Tempus AI
TEM
$8.28B
| $45.1M | 0.2% |
+935,562
| New | +$50.5M |
|
41
Astera Labs
ALAB
$56B
| $40.4M | 0.18% |
+676,586
| New | +$62.6M |
|
42
Upstart Holdings
UPST
$2.64B
| $40.1M | 0.18% |
870,947
+521,887
| +150% | +$32.4M |
|
43
Zillow
ZG
$6.76B
| $32.2M | 0.14% |
482,271
+164,095
| +52% | +$12.1M |
|
44
UiPath
PATH
$5.28B
| $25.1M | 0.11% |
2,436,400
| – | – |
|
45
Novavax
NVAX
$1.29B
| $24.6M | 0.11% |
+3,836,986
| New | +$31.7M |
|
|
MPT
46
Medical Properties Trust
MPT
$2.87B
| $20M | 0.09% |
+3,318,885
| New | +$16.8M |
|
47
QuantumScape Corp
QS
$3.15B
| $17.9M | 0.08% |
+4,294,995
| New | +$21.2M |
|
48
Peloton Interactive
PTON
$2.61B
| $15.8M | 0.07% |
+2,500,000
| New | +$19.6M |
|
49
Generac Holdings
GNRC
$12.4B
| $15.2M | 0.07% |
+119,628
| New | +$17.2M |
|
50
Trip.com Group
TCOM
$27.1B
| $14.2M | 0.06% |
+222,892
| New | +$14.6M |
|
Similar funds
Philippe Laffont's Q1 2025 Portfolio in Review
As of Q1 2025, Philippe Laffont held 92 positions worth $22.7B, down 24% from $29.7B the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Philippe Laffont withdrew a net $4.22B in Q1 2025, closing 22 positions and reducing 22 holdings. Its most notable exit was Vertiv, an estimated $724M position sold in full.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 36% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Philippe Laffont opened a new position in CoreWeave worth $534M.
- Philippe Laffont's largest Q1 2025 buy was CoreWeave: 14,402,999 shares worth $534M.
- Philippe Laffont added most to Alibaba in Q1 2025, an estimated $416M increase.
- Philippe Laffont's biggest Q1 2025 reduction was Adobe, cutting an estimated $459M.
- Philippe Laffont fully exited Vertiv in Q1 2025, selling an estimated $724M.
- Philippe Laffont's ten largest holdings make up 57% of its $22.7B portfolio in Q1 2025.
- Philippe Laffont opened 24 new positions and closed 22 in Q1 2025.
- Philippe Laffont's portfolio value fell 24% quarter-over-quarter to $22.7B.
Based on Coatue Management's 13F filing for Q1 2025, filed 15 May 2025.