WhaleCreep

Atreides Management, LP 13F holdings, Q2 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-06-30, filed 2020-08-14

Atreides Management, LP disclosed 25 US equity positions worth $693.9m in its Q2 2020 13F filing. Its largest position is ATVIEUR at 6.9% of the reported book, followed by QSR and XYZ. Versus Q1 2020 it opened 6 new positions, added to 10, reduced 7 and exited 5.

$694m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
25
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.9%
Largest position
The largest single position as a share of the reported equity book.
59.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
20
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 Q1 2020: 6 new, 10 added, 7 reduced, 5 exited

25 rows
ATVIEUR ACTIVISION BLIZZARD INC–6.9%$47.8m629,446−9.7%reduced
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical6.8%$47.0m860,814+44%added
XYZ BLOCK INCTechnology6.7%$46.8m445,622−32%reduced
RDFN REDFIN CORP–6.3%$44.0m1.05m−1.7%reduced
MU MICRON TECHNOLOGY INCTechnology6.1%$42.6m826,850+97%added
DIS DISNEY WALT COCommunication Services6.1%$42.3m379,220+5.6%added
GOOGL ALPHABET INCCommunication Services6.1%$42.0m29,611+9.5%added
ROKU ROKU INCCommunication Services5.0%$34.4m295,585+149%added
AMZN AMAZON COM INCConsumer Cyclical4.9%$33.9m12,290+13%added
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services4.7%$32.6m233,760+34%added
SAM BOSTON BEER INCConsumer Defensive3.9%$27.2m50,700–new
ANGI ANGI INCCommunication Services3.8%$26.7m2.19m0.0%held
XLNXEUR XILINX INC–3.7%$26.0m263,900–new
INTC INTEL CORPTechnology3.7%$25.4m425,000–new
CRWD CROWDSTRIKE HLDGS INCTechnology3.6%$24.7m246,300+128%added
PAR PAR TECHNOLOGY CORPTechnology3.5%$24.4m816,803+17%added
NVDA NVIDIA CORPORATIONTechnology3.3%$23.1m60,748−14%reduced
ULTA ULTA BEAUTY INCConsumer Cyclical3.1%$21.3m104,500+17%added
TSLA TESLA INCConsumer Cyclical2.9%$19.8m18,377−59%reduced
TGT TARGET CORPConsumer Defensive2.7%$18.9m157,600–new
TWLO TWILIO INCTechnology1.5%$10.5m47,635−79%reduced
SONO SONOS INCTechnology1.5%$10.2m697,200–new
CHWY CHEWY INCConsumer Cyclical1.4%$10.0m223,5640.0%held
DT DYNATRACE INCTechnology1.3%$9.0m222,213−57%reduced
VRMUSD VROOM INC–0.5%$3.3m64,000–new

Exited since Q1 2020

5 rows
CMCSA COMCAST CORP NEW5.2%$23.6m
ESTC ELASTIC N V4.3%$19.5m
MCD MCDONALDS CORP3.4%$15.5m
CVNA CARVANA CO2.2%$10.0m
NKE NIKE INC1.5%$6.7m

Sector mix

  • Technology31.2%
  • Communication Services25.7%
  • Consumer Cyclical19.0%
  • Unclassified17.4%
  • Consumer Defensive6.6%

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