WhaleCreep

Atreides Management, LP 13F holdings, Q1 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-03-31, filed 2020-05-15

Atreides Management, LP disclosed 24 US equity positions worth $452.2m in its Q1 2020 13F filing. Its largest position is ATVIEUR at 9.2% of the reported book, followed by DIS and XYZ. Versus Q4 2019 it opened 7 new positions, added to 13, reduced 4 and exited 8.

$452m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
24
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.2%
Largest position
The largest single position as a share of the reported equity book.
60.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
19
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
27
Quarters on file since Q4 2019
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2019: 7 new, 13 added, 4 reduced, 8 exited

24 rows
ATVIEUR ACTIVISION BLIZZARD INC–9.2%$41.5m697,246+13%added
DIS DISNEY WALT COCommunication Services7.7%$34.7m359,020+124%added
XYZ BLOCK INCTechnology7.6%$34.4m657,422+172%added
GOOGL ALPHABET INCCommunication Services6.9%$31.4m27,041+35%added
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical5.3%$23.9m598,014+306%added
CMCSA COMCAST CORP NEWCommunication Services5.2%$23.6m687,200–new
TSLA TESLA INCConsumer Cyclical5.1%$23.3m44,401−34%reduced
AMZN AMAZON COM INCConsumer Cyclical4.7%$21.3m10,900–new
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services4.6%$20.7m174,660+4.2%added
TWLO TWILIO INCTechnology4.4%$19.9m222,335+60%added
ESTC ELASTIC N VTechnology4.3%$19.5m349,800+101%added
NVDA NVIDIA CORPORATIONTechnology4.1%$18.6m70,448−50%reduced
MU MICRON TECHNOLOGY INCTechnology3.9%$17.7m420,300+224%added
RDFN REDFIN CORP–3.6%$16.5m1.07m−1.2%reduced
ULTA ULTA BEAUTY INCConsumer Cyclical3.5%$15.6m89,000+207%added
MCD MCDONALDS CORPConsumer Cyclical3.4%$15.5m93,800–new
DT DYNATRACE INCTechnology2.7%$12.2m513,800–new
ANGI ANGI INCCommunication Services2.5%$11.5m2.19m+16%added
ROKU ROKU INCCommunication Services2.3%$10.4m118,685+1315%added
CVNA CARVANA COConsumer Cyclical2.2%$10.0m180,700–new
PAR PAR TECHNOLOGY CORPTechnology2.0%$9.0m699,100–new
CHWY CHEWY INCConsumer Cyclical1.9%$8.4m223,564+2.7%added
NKE NIKE INCConsumer Cyclical1.5%$6.7m80,400−39%reduced
CRWD CROWDSTRIKE HLDGS INCTechnology1.3%$6.0m107,800–new

Exited since Q4 2019

8 rows
META META PLATFORMS INC6.6%$27.5m
AMD ADVANCED MICRO DEVICES INC6.0%$25.0m
W WAYFAIR INC4.0%$16.7m
SNAP SNAP INC4.0%$16.3m
LYFT LYFT INC3.9%$16.3m
ZEN1EUR ZENDESK INC2.7%$11.1m
WYNN WYNN RESORTS LTD1.1%$4.5m
TSCO TRACTOR SUPPLY CO1.0%$4.0m

Sector mix

  • Technology30.4%
  • Communication Services29.3%
  • Consumer Cyclical27.6%
  • Unclassified12.8%

Book over time

Every quarter on file (27)
QuarterPositionsEquity book
Q2 202646$11.1bn
Q1 202651$4.1bn
Q4 202549$4.7bn
Q3 202556$3.8bn
Q2 202548$3.6bn
Q1 202541$2.8bn
Q4 202444$3.2bn
Q3 202435$3.0bn
Q2 202440$3.1bn
Q1 202434$3.3bn
Q4 202332$2.8bn
Q3 202327$2.9bn
Q2 202331$3.3bn
Q1 202330$2.8bn
Q4 202234$2.5bn
Q3 202237$2.7bn
Q2 202239$2.4bn
Q1 202236$2.8bn
Q4 202135$3.2bn
Q3 202137$3.9bn
Q2 202141$3.9bn
Q1 202147$3.1bn
Q4 202036$1.5bn
Q3 202029$860m
Q2 202025$694m
Q1 202024$452m
Q4 201925$413m

Where Atreides Management, LP was early

16 rows
PAR PAR TECHNOLOGY CORPQ1 20203 of 972.0%3.5%5Exited by Q2 2021+409%
DT DYNATRACE INCQ1 202013 of 1902.7%2.7%6Exited by Q4 2021+198%
CRWD CROWDSTRIKE HLDGS INCQ1 202017 of 2541.3%6.8%8Exited by Q4 2023+201%
SAM BOSTON BEER INCQ2 20205 of 1253.9%4.8%5Exited by Q3 2021+90%
SONO SONOS INCQ2 202011 of 1391.5%1.5%5Exited by Q3 2021+141%
NET CLOUDFLARE INCQ3 202013 of 2151.0%1.0%2Exited by Q1 2021+85%
DECK DECKERS OUTDOOR CORPQ3 202018 of 1853.4%5.3%17Exited by Q4 2025+176%
ACVA ACV AUCTIONS INCQ1 20218 of 1240.4%6.2%22Held at last filing, Q2 2026−79%
COIN COINBASE GLOBAL INCQ2 20214 of 2482.7%2.7%4Exited by Q2 2022−25%
MRVL MARVELL TECHNOLOGY INCQ2 202127 of 2730.08%8.9%8Exited by Q3 2024+20%
DLO DLOCAL LTDQ4 20213 of 1041.4%3.2%4Exited by Q4 2022−43%
8QR CONFLUENT INCQ2 202216 of 2041.8%4.3%12Exited by Q3 2025+7.3%
PCOR PROCORE TECHNOLOGIES INCQ3 202212 of 1691.3%2.0%2Exited by Q1 2023−4.7%
ALAB ASTERA LABS INCQ1 20241 of 1775.9%12.7%10Held at last filing, Q2 2026+551%
KVYO KLAVIYO INCQ1 20246 of 1231.3%1.3%2Exited by Q3 2024−2.3%
CRWV COREWEAVE INCQ1 20256 of 1502.5%2.5%6Held at last filing, Q2 2026+168%

Concentration and tenure

9.8%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
57.6%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters