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 |
Reddit
RDDT
|
+$806M |
| 2 |
Atlassian
TEAM
|
+$696M |
| 3 |
ServiceNow
NOW
|
+$374M |
| 4 |
SCHW
Charles Schwab
SCHW
|
+$337M |
| 5 |
Super Micro Computer
SMCI
|
+$313M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JD.com
JD
|
+$295M |
| 2 |
Pinduoduo
PDD
|
+$280M |
| 3 |
Constellation Energy
CEG
|
+$271M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$264M |
| 5 |
Alibaba
BABA
|
+$238M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.38% |
| 2 | Communication Services | 19.96% |
| 3 | Consumer Discretionary | 13.2% |
| 4 | Industrials | 11.84% |
| 5 | Financials | 9.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.51T
| $2.34B | 7.89% |
10,670,209
-598,820
| -5% | -$123M |
|
2
Meta Platforms (Facebook)
META
$1.54T
| $2.16B | 7.27% |
3,686,378
-7,881
| -0.2% | -$4.63M |
|
3
TSMC
TSM
$2.16T
| $1.97B | 6.63% |
9,962,102
+596,342
| +6% | +$115M |
|
4
Microsoft
MSFT
$2.83T
| $1.49B | 5.01% |
3,526,177
-326,683
| -8% | -$139M |
|
|
5
Constellation Energy
CEG
$98.4B
| $1.49B | 5% |
6,638,618
-1,087,490
| -14% | -$271M |
|
6
Eaton
ETN
$161B
| $1.48B | 4.98% |
4,450,018
-188,684
| -4% | -$66.2M |
|
7
NVIDIA
NVDA
$5.06T
| $1.34B | 4.53% |
10,006,488
-131,673
| -1% | -$18.1M |
|
8
GE Vernova
GEV
$275B
| $1.27B | 4.28% |
3,864,541
-78,616
| -2% | -$24.6M |
|
|
9
Reddit
RDDT
$32.5B
| $1.07B | 3.6% |
+6,530,236
| New | +$806M |
|
10
Tesla
TSLA
$1.2T
| $877M | 2.96% |
2,171,723
-62,466
| -3% | -$20.1M |
|
|
11
Atlassian
TEAM
$20.3B
| $861M | 2.9% |
3,535,799
+3,039,668
| +613% | +$696M |
|
12
Nu Holdings
NU
$68.5B
| $826M | 2.78% |
79,769,230
+16,968,600
| +27% | +$226M |
|
13
Broadcom
AVGO
$1.87T
| $818M | 2.75% |
3,526,331
-796,695
| -18% | -$147M |
|
14
Adobe
ADBE
$84.3B
| $784M | 2.64% |
1,763,722
+79,486
| +5% | +$39.4M |
|
15
Applovin
APP
$134B
| $744M | 2.51% |
2,297,938
+304,342
| +15% | +$77M |
|
16
Vertiv
VRT
$117B
| $724M | 2.44% |
6,375,917
-1,340,206
| -17% | -$159M |
|
17
PayPal
PYPL
$49.4B
| $681M | 2.29% |
7,976,880
-281,048
| -3% | -$23.6M |
|
18
Netflix
NFLX
$287B
| $620M | 2.09% |
6,955,260
+832,030
| +14% | +$68.5M |
|
19
Alphabet (Google) Class A
GOOGL
$3.88T
| $613M | 2.07% |
3,237,591
-444,638
| -12% | -$77.8M |
|
20
Spotify
SPOT
$96.4B
| $567M | 1.91% |
1,268,324
+508,075
| +67% | +$218M |
|
21
Advanced Micro Devices
AMD
$880B
| $513M | 1.73% |
4,249,190
| – | – |
|
22
Intuitive Surgical
ISRG
$119B
| $508M | 1.71% |
972,878
-121,298
| -11% | -$63.2M |
|
23
First Citizens BancShares
FCNCA
$25.6B
| $463M | 1.56% |
218,987
+33,235
| +18% | +$69.6M |
|
24
DoorDash
DASH
$74B
| $435M | 1.47% |
2,591,995
+633,662
| +32% | +$104M |
|
25
Vistra
VST
$57B
| $409M | 1.38% |
2,967,631
+138,969
| +5% | +$19.3M |
|
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Philippe Laffont's Q4 2024 Portfolio in Review
As of Q4 2024, Philippe Laffont held 95 positions worth $29.7B, up 10% from $26.9B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Philippe Laffont's Q4 2024 filing shows 14 new, 12 increased, 28 reduced and 27 closed positions. Its largest new stake was Reddit: 6,530,236 shares worth $1.07B. The largest sale was JD.com, an estimated $295M.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 33% a quarter earlier, followed by Communication Services and Consumer Discretionary.
- Philippe Laffont's largest Q4 2024 buy was Reddit: 6,530,236 shares worth $1.07B.
- Philippe Laffont added most to Atlassian in Q4 2024, an estimated $696M increase.
- Philippe Laffont's biggest Q4 2024 reduction was JD.com, cutting an estimated $295M.
- Philippe Laffont fully exited Chipotle Mexican Grill in Q4 2024, selling an estimated $264M.
- Philippe Laffont's ten largest holdings make up 52% of its $29.7B portfolio in Q4 2024.
- Philippe Laffont opened 14 new positions and closed 27 in Q4 2024.
- Philippe Laffont's portfolio value rose 10% quarter-over-quarter to $29.7B.
Based on Coatue Management's 13F filing for Q4 2024, filed 14 Feb 2025.