We are live on ! Find out more
Philippe Laffont

Philippe Laffont Coatue Management

AUM $29.1B
1-Year Est. Return 96.54%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+10.09%
1 Year Est. Return
+96.54%
3 Year Est. Return
+364.45%
5 Year Est. Return
+381.24%
10 Year Est. Return
+3,977.5%
AUM
$11.8B
AUM Growth
+$2.79B
Cap. Flow
+$1.91B
Cap. Flow %
16.14%
Top 10 Hldgs %
54.53%
Holding
206
New
90
Increased
39
Reduced
23
Closed
42

Top Buys

Rank Stock Value
1
UBER icon
Uber
UBER
+$444M
2
XYZ
Block Inc
XYZ
+$308M
3
ISRG icon
Intuitive Surgical
ISRG
+$296M
4
GPN icon
Global Payments
GPN
+$276M
5
MSI icon
Motorola Solutions
MSI
+$235M

Top Sells

Rank Stock Value
1
DATA
Tableau Software, Inc.
DATA
+$271M
2
NVDA icon
NVIDIA
NVDA
+$238M
3
MU icon
Micron Technology
MU
+$158M
4
AMZN icon
Amazon
AMZN
+$158M
5
TME icon
Tencent Music
TME
+$36.1M

Sector Composition

Rank Sector Weight
1 Technology 49.27%
2 Communication Services 21.84%
3 Financials 12.54%
4 Consumer Discretionary 9.67%
5 Healthcare 3.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EL icon
176
Estee Lauder
EL
$29.1B
– –
-1,409
Closed -$233K
ELF icon
177
e.l.f. Beauty
ELF
$4.52B
– –
-11,157
Closed -$119K
FIVE icon
178
Five Below
FIVE
$11.3B
– –
-4,376
Closed -$543K
FLWS icon
179
1-800-Flowers.com
FLWS
$247M
– –
-60,299
Closed -$1.1M
FUN icon
180
Cedar Fair
FUN
$1.79B
– –
-13,269
Closed -$698K
GES
181
DELISTED
Guess Inc
GES
– –
-43,699
Closed -$857K
GRPN icon
182
Groupon
GRPN
$997M
– –
-15,868
Closed -$1.13M
IQ icon
183
iQIYI
IQ
$1.19B
– –
-66,321
Closed -$1.59M
TBHC
184
DELISTED
The Brand House Collective
TBHC
– –
-13,224
Closed -$93K
LE icon
185
Lands' End
LE
$362M
– –
-55,677
Closed -$925K
LOCO icon
186
El Pollo Loco
LOCO
$482M
– –
-37,665
Closed -$490K
MED icon
187
Medifast
MED
$106M
– –
-2,799
Closed -$357K
MU icon
188
Micron Technology
MU
$1.05T
– –
-3,828,296
Closed -$158M
NDLS icon
189
Noodles & Co
NDLS
$92.9M
– –
-2,164
Closed -$117K
NKE icon
190
Nike
NKE
$62B
– –
-4,676
Closed -$394K
ORLY icon
191
O'Reilly Automotive
ORLY
$71.5B
– –
-21,180
Closed -$548K
SBUX icon
192
Starbucks
SBUX
$119B
– –
-4,152
Closed -$308K
SCHL icon
193
Scholastic
SCHL
$806M
– –
-6,555
Closed -$261K
SHOE
194
Shoe Station Group
SHOE
$394M
– –
-52,906
Closed -$901K
WEN icon
195
Wendy's
WEN
$1.35B
– –
-18,143
Closed -$325K
TCS
196
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
– –
-10,297
Closed -$1.36M
EXPR
197
DELISTED
Express, Inc.
EXPR
– –
-13,407
Closed -$1.15M
BBBY
198
DELISTED
Bed Bath & Beyond Inc
BBBY
– –
-26,282
Closed -$446K
COUP
199
DELISTED
Coupa Software Incorporated
COUP
– –
-51,753
Closed -$4.71M
PRTY
200
DELISTED
Party City Holdco Inc.
PRTY
– –
-27,883
Closed -$221K
5 6 7
8
9

Similar funds

Vontobel Holding
Vontobel Holding Zurich, Switzerland $29.1B AUM 22.79% 1-Year Est. Return
Hudson Bay Capital Management
Hudson Bay Capital Management Stamford, Connecticut $29B AUM 30.2% 1-Year Est. Return
M&T Bank
M&T Bank Buffalo, New York $29.2B AUM 22.81% 1-Year Est. Return
Fiera Capital (Canada)
Fiera Capital (Canada) Montreal, Quebec, Canada $29.2B AUM 20.16% 1-Year Est. Return
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management San Mateo, California $29.7B AUM 43.33% 1-Year Est. Return
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury Nashville, Tennessee $29.8B AUM 29.48% 1-Year Est. Return
Eagle Capital Management (New York)
Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return
Calamos Advisors
Calamos Advisors Naperville, Illinois $28.2B AUM 21.78% 1-Year Est. Return

Philippe Laffont's Q2 2019 Portfolio in Review

As of Q2 2019, Philippe Laffont held 206 positions worth $11.8B, up 31% from $9.03B the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Philippe Laffont deployed $1.91B of net new capital in Q2 2019, opening 90 new positions and adding to 39 existing holdings. Its largest new stake was Uber: 10,459,110 shares worth $485M.

By sector, the portfolio is most concentrated in Technology at 49% of assets, up from 48% a quarter earlier, followed by Communication Services and Financials.

On the sell side, the largest reduction was Tableau Software, Inc., an estimated $271M trimmed.

  • Philippe Laffont's largest Q2 2019 buy was Uber: 10,459,110 shares worth $485M.
  • Philippe Laffont added most to Motorola Solutions in Q2 2019, an estimated $235M increase.
  • Philippe Laffont's biggest Q2 2019 reduction was Tableau Software, Inc., cutting an estimated $271M.
  • Philippe Laffont fully exited Micron Technology in Q2 2019, selling an estimated $158M.
  • Philippe Laffont's ten largest holdings make up 55% of its $11.8B portfolio in Q2 2019.
  • Philippe Laffont opened 90 new positions and closed 42 in Q2 2019.
  • Philippe Laffont's portfolio value rose 31% quarter-over-quarter to $11.8B.

Based on Coatue Management's 13F filing for Q2 2019, filed 14 Aug 2019.