Coatue Management (Philippe Laffont) latest 13F portfolio: 66 holdings worth $48.6B as of Q2 2026.
Backtested since 2020: mirroring Coatue Management's reported 13F equity holdings each quarter would have returned +118.6% versus +186.6%for the S&P 500 (+13.1% annualized). See the Performance tab for the full equity curve.
Investor: Philippe Laffont
Number of Assets: 66
Reporting Period: Q2 - 2026
Holdings at Report: $48,628,542,699
Return $ Since Report: -$3,006,073,344
Return % Since Report: -6.18%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Forgent Power Solutions INC (FPS) | Equity | +100% | 20,501,387 | 2.36% | $55.86 | $38.52 | $1,145,207,477 | $789,713,427 | -$355,494,050 | -31.04% |
| Space Exploration Techn corp (SPCX) | Equity | +100% | 18,561,780 | 6.52% | $170.86 | $154.72 | $3,171,465,731 | $2,871,878,602 | -$299,587,129 | -9.45% |
| Equinix Inc. (EQIX) | Equity | +16.74% | 1,273,517 | 2.73% | $1,042.39 | $1,059.26 | $1,327,501,387 | $1,348,985,617 | +$21,484,230 | +1.62% |
| Microsoft Corp. (MSFT) | Equity | +18.40% | 2,936,409 | 2.25% | $373.02 | $498.00 | $1,095,339,285 | $1,462,331,682 | +$366,992,397 | +33.50% |
| Applied Materials Inc. (AMAT) | Equity | -19.72% | 4,213,483 | 6.26% | $723.00 | $472.46 | $3,046,348,209 | $1,990,702,178 | -$1,055,646,031 | -34.65% |
| Comfort Systems Usa Inc. (FIX) | Equity | +100% | 17,793 | 0.07% | $1,981.95 | $1,625.13 | $35,264,836 | $28,915,938 | -$6,348,898 | -18.00% |
| Natera Inc. (NTRA) | Equity | -1.45% | 2,505,090 | 1.40% | $271.45 | $390.90 | $680,006,681 | $979,239,681 | +$299,233,000 | +44.00% |
| Novavax Inc. (NVAX) | Equity | 0% | 3,836,986 | 0.07% | $9.42 | $10.83 | $36,144,408 | $41,554,558 | +$5,410,150 | +14.97% |
| Intel Corp. (INTC) | Equity | +100% | 12,084,027 | 3.47% | $139.63 | $123.86 | $1,687,292,689 | $1,496,727,584 | -$190,565,105 | -11.29% |
| GE Vernova Inc. (GEV) | Equity | -0.55% | 2,558,164 | 6.18% | $1,174.86 | $950.28 | $3,005,484,557 | $2,430,972,086 | -$574,512,471 | -19.12% |
| Meta Platforms Inc. (META) | Equity | -10.17% | 2,526,048 | 2.93% | $563.29 | $736.60 | $1,422,897,577 | $1,860,674,327 | +$437,776,750 | +30.77% |
| Advanced Micro Devices Inc. (AMD) | Equity | +100% | 95,987 | 0.11% | $580.91 | $623.77 | $55,759,808 | $59,873,811 | +$4,114,003 | +7.38% |
| Reddit Inc. (RDDT) | Equity | 0% | 2,789,891 | 1.00% | $173.58 | $155.67 | $484,269,280 | $434,302,332 | -$49,966,948 | -10.32% |
| Amazon.com Inc. (AMZN) | Equity | +49.23% | 11,834,799 | 5.80% | $238.34 | $254.98 | $2,820,705,995 | $3,017,637,049 | +$196,931,054 | +6.98% |
| Arbor Realty Trust Inc. (ABR) | Equity | 0% | 4,196,885 | 0.05% | $5.42 | $4.39 | $22,747,117 | $18,424,325 | -$4,322,792 | -19.00% |
| Generac Holdings Inc. (GNRC) | Equity | 0% | 390,513 | 0.24% | $292.81 | $206.17 | $114,346,112 | $80,512,065 | -$33,834,047 | -29.59% |
| Lucid Group INC (LCID) | Equity | 0% | 295,393 | 0.00% | $6.69 | $4.32 | $1,976,179 | $1,276,098 | -$700,081 | -35.43% |
| Qualcomm Inc. (QCOM) | Equity | 0% | 1,387,312 | 0.53% | $184.79 | $198.27 | $256,361,384 | $275,062,350 | +$18,700,966 | +7.29% |
| Amc Entertainment Holdings Inc. (AMC) | Equity | 0% | 228,136 | 0.00% | $1.90 | $2.97 | $433,458 | $677,564 | +$244,106 | +56.32% |
| Argan Inc. (AGX) | Equity | +100% | 36,101 | 0.06% | $798.55 | $371.25 | $28,828,454 | $13,402,496 | -$15,425,958 | -53.51% |
| Micron Technology Inc. (MU) | Equity | +1793.72% | 3,142,269 | 7.46% | $1,154.29 | $1,096.16 | $3,627,089,685 | $3,444,429,587 | -$182,660,098 | -5.04% |
| Broadcom Inc. (AVGO) | Equity | +6.23% | 5,846,831 | 4.54% | $377.75 | $364.54 | $2,208,640,410 | $2,131,403,773 | -$77,236,637 | -3.50% |
| Carvana Co. (CVNA) | Equity | +381.48% | 3,278,865 | 0.44% | $65.82 | $65.40 | $215,814,895 | $214,437,771 | -$1,377,124 | -0.64% |
| Nvidia Corp. (NVDA) | Equity | -4.37% | 6,055,197 | 2.49% | $200.09 | $228.87 | $1,211,584,367 | $1,385,852,937 | +$174,268,570 | +14.38% |
| Quantumscape Corp. (QS) | Equity | 0% | 4,294,995 | 0.07% | $7.56 | $5.05 | $32,470,162 | $21,689,725 | -$10,780,437 | -33.20% |
| Ringcentral Inc. (RNG) | Equity | 0% | 411,351 | 0.03% | $38.98 | $79.73 | $16,034,462 | $32,797,015 | +$16,762,553 | +104.54% |
| Spotify Technology S.A. (SPOT) | Equity | -0.78% | 1,310,632 | 1.24% | $459.13 | $501.30 | $601,750,470 | $657,019,822 | +$55,269,352 | +9.18% |
| Cerebras Systems INC (CBRS) | Equity | +100% | 7,011,028 | 3.19% | $221.00 | $212.41 | $1,549,437,188 | $1,489,212,457 | -$60,224,731 | -3.89% |
| Synopsys Inc. (SNPS) | Equity | -58.32% | 317,465 | 0.29% | $446.07 | $409.24 | $141,611,612 | $129,919,377 | -$11,692,235 | -8.26% |
| Constellation Energy Corp. (CEG) | Equity | 0% | 4,632,475 | 2.37% | $248.37 | $263.46 | $1,150,567,816 | $1,220,471,864 | +$69,904,048 | +6.08% |
| Enphase Energy Inc. (ENPH) | Equity | -5.52% | 1,556,941 | 0.16% | $49.24 | $34.42 | $76,663,775 | $53,589,909 | -$23,073,866 | -30.10% |
| Hertz Global Holdings Inc. (HTZ) | Equity | 0% | 106,823 | 0.00% | $2.26 | $1.85 | $241,954 | $197,623 | -$44,331 | -18.32% |
| Hut 8 Corp. (HUT) | Equity | +100% | 9,715,476 | 2.31% | $115.45 | $106.61 | $1,121,603,127 | $1,035,766,896 | -$85,836,231 | -7.65% |
| Tesla Inc. (TSLA) | Equity | +1.91% | 59,963 | 0.05% | $420.60 | $378.90 | $25,220,437 | $22,719,981 | -$2,500,456 | -9.91% |
| Vertiv Holdings Co (VRT) | Equity | -17.83% | 806,594 | 0.56% | $334.82 | $253.46 | $270,063,803 | $204,439,315 | -$65,624,488 | -24.30% |
| ASML Holding N.V. (ASML) | Equity | -40.47% | 295,406 | 1.21% | $1,989.44 | $1,747.90 | $587,692,513 | $516,340,147 | -$71,352,366 | -12.14% |
| Booz Allen Hamilton Holding Corp. (BAH) | Equity | +100% | 1,083,410 | 0.14% | $60.67 | $76.28 | $65,730,485 | $82,642,515 | +$16,912,030 | +25.73% |
| Doordash Inc. (DASH) | Equity | -4.90% | 524,792 | 0.20% | $184.53 | $192.21 | $96,839,868 | $100,870,270 | +$4,030,402 | +4.16% |
| Nu Holdings Ltd. (NU) | Equity | 0% | 29,333,576 | 0.81% | $13.36 | $14.16 | $391,896,575 | $415,363,436 | +$23,466,861 | +5.99% |
| Paypal Holdings Inc. (PYPL) | Equity | 0% | 1,243,590 | 0.11% | $43.18 | $52.89 | $53,698,216 | $65,773,475 | +$12,075,259 | +22.49% |
| Pinterest Inc. (PINS) | Equity | -28.65% | 1,197,780 | 0.05% | $21.03 | $18.39 | $25,189,313 | $22,027,174 | -$3,162,139 | -12.55% |
| Stitch Fix Inc. (SFIX) | Equity | 0% | 735,373 | 0.01% | $4.11 | $2.99 | $3,022,383 | $2,198,765 | -$823,618 | -27.25% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -3.97% | 8,914,995 | 8.76% | $477.57 | $452.00 | $4,257,534,162 | $4,029,577,740 | -$227,956,422 | -5.35% |
| Upstart Holdings Inc. (UPST) | Equity | 0% | 870,947 | 0.06% | $35.43 | $25.97 | $30,857,652 | $22,618,494 | -$8,239,158 | -26.70% |
| Zillow Group Inc. (ZG) | Equity | 0% | 328,189 | 0.02% | $31.37 | $31.59 | $10,295,289 | $10,367,491 | +$72,202 | +0.70% |
| Beyond Meat Inc. (BYND) | Equity | -12.67% | 299,885 | 0.00% | $0.75 | $11.51 | $224,914 | $3,451,676 | +$3,226,762 | +1434.66% |
| Caris Life Sciences Inc. (CAI) | Equity | 0% | 9,819,992 | 0.36% | $17.82 | $31.47 | $174,992,258 | $309,035,148 | +$134,042,890 | +76.60% |
| Alphabet Inc. (GOOGL) | Equity | +12.58% | 4,856,251 | 3.57% | $357.37 | $351.16 | $1,735,478,421 | $1,705,321,101 | -$30,157,320 | -1.74% |
| Peloton Interactive Inc. (PTON) | Equity | 0% | 2,500,000 | 0.03% | $5.91 | $5.02 | $14,775,000 | $12,550,000 | -$2,225,000 | -15.06% |
| Plug Power Inc. (PLUG) | Equity | 0% | 2,545,243 | 0.01% | $2.71 | $2.11 | $6,897,609 | $5,370,463 | -$1,527,146 | -22.14% |
| Sprouts Farmers Market Inc. (SFM) | Equity | 0% | 1,203,773 | 0.21% | $84.58 | $68.68 | $101,815,120 | $82,675,130 | -$19,139,990 | -18.80% |
| Uipath Inc. (PATH) | Equity | -13.58% | 1,961,365 | 0.04% | $10.87 | $13.25 | $21,320,038 | $25,988,086 | +$4,668,048 | +21.90% |
| Zillow Group Inc. (Z) | Equity | 0% | 739,700 | 0.05% | $31.52 | $30.95 | $23,315,344 | $22,893,715 | -$421,629 | -1.81% |
| Eaton Corp. PLC (ETN) | Equity | +4.63% | 4,968,415 | 4.35% | $426.12 | $442.49 | $2,117,140,999 | $2,198,473,953 | +$81,332,954 | +3.84% |
| First Citizens Bancshares Inc. (FCNCA) | Equity | 0% | 139,498 | 0.60% | $2,080.79 | $2,068.01 | $290,266,043 | $288,483,259 | -$1,782,784 | -0.61% |
| Intuitive Surgical Inc. (ISRG) | Equity | -7.19% | 793,704 | 0.65% | $397.68 | $402.09 | $315,640,206 | $319,140,441 | +$3,500,235 | +1.11% |
| Alphabet Inc. (GOOG) | Equity | -18.59% | 908,395 | 0.66% | $353.33 | $347.41 | $320,963,205 | $315,585,507 | -$5,377,698 | -1.68% |
| Applovin Corp. (APP) | Equity | -9.21% | 1,171,189 | 1.24% | $515.23 | $328.73 | $603,431,708 | $385,004,960 | -$218,426,748 | -36.20% |
| Chargepoint Holdings INC (CHPT) | Equity | 0% | 154,086 | 0.00% | $5.91 | $9.85 | $910,648 | $1,517,747 | +$607,099 | +66.67% |
| The Trade Desk Inc. (TTD) | Equity | 0% | 1,387,089 | 0.05% | $18.08 | $13.18 | $25,078,569 | $18,281,833 | -$6,796,736 | -27.10% |
| Mastec Inc. (MTZ) | Equity | -11.37% | 517,250 | 0.44% | $416.06 | $221.69 | $215,207,036 | $114,669,153 | -$100,537,884 | -46.72% |
| Lam Research Corp. (LRCX) | Equity | -5.99% | 9,441,603 | 8.41% | $433.33 | $310.96 | $4,091,329,827 | $2,935,960,869 | -$1,155,368,958 | -28.24% |
| Netflix Inc. (NFLX) | Equity | -31.67% | 4,710,420 | 0.69% | $71.40 | $72.16 | $336,323,988 | $339,903,907 | +$3,579,919 | +1.06% |
| Hertz Global Holdings Inc. (HTZWW) | Warrant | 0% | 468,814 | N/A | $1.09 | N/A | $511,007 | N/A | N/A | N/A |
| Medical Properties Trust Inc. (MPW) | Equity | 0% | 4,525,398 | 0.04% | $4.62 | $4.63 | $20,907,339 | $20,952,593 | +$45,254 | +0.22% |
| Olaplex Holdings Inc. (OLPX) | Equity | 0% | 1,264,968 | 0.01% | $2.05 | $2.07 | $2,593,184 | $2,618,484 | +$25,300 | +0.98% |