WhaleCreep

Atreides Management, LP 13F holdings, Q1 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-03-31, filed 2021-06-01

Atreides Management, LP disclosed 47 US equity positions worth $3.1bn in its Q1 2021 13F filing. Its largest position is TWTRUSD at 9.6% of the reported book, followed by AMD and AEO. Versus Q4 2020 it opened 19 new positions, added to 19, reduced 6 and exited 8.

$3.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
47
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.6%
Largest position
The largest single position as a share of the reported equity book.
51.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
25
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 2020: 19 new, 19 added, 6 reduced, 8 exited

47 rows
TWTRUSD TWITTER INC–9.6%$299m4.71m–new
AMD ADVANCED MICRO DEVICES INCTechnology7.7%$238m3.03m–new
AEO AMERICAN EAGLE OUTFITTERS INConsumer Cyclical6.4%$199m6.79m+69%added
DKS DICKS SPORTING GOODS INCConsumer Cyclical6.1%$191m2.50m+52%added
TGT TARGET CORPConsumer Defensive4.3%$133m673,800+52%added
DISH DISH NETWORK CORPORATION–4.2%$129m3.57m+16%added
Z ZILLOW GROUP INCCommunication Services4.0%$123m951,400+128%added
TJX TJX COS INC NEWConsumer Cyclical3.2%$97.8m1.48m–new
WIX WIX COM LTDTechnology3.0%$93.9m336,300–new
UBER UBER TECHNOLOGIES INCTechnology2.9%$91.1m1.67m+5.1%added
XYZ BLOCK INCTechnology2.9%$88.9m391,702+170%added
W WAYFAIR INCConsumer Cyclical2.8%$86.0m273,214–new
TPR TAPESTRY INCConsumer Cyclical2.7%$82.4m2.00m–new
FTCHQ FARFETCH LTDConsumer Cyclical2.5%$77.5m1.46m+347%added
MU MICRON TECHNOLOGY INCTechnology2.4%$74.6m845,902+60%added
DIS DISNEY WALT COCommunication Services2.4%$73.7m399,320+53%added
LYFT LYFT INCTechnology2.2%$69.4m1.10m+109%added
DECK DECKERS OUTDOOR CORPConsumer Cyclical2.1%$64.6m195,400+3.8%added
CARG CARGURUS INCCommunication Services2.0%$63.6m2.67m+108%added
EA ELECTRONIC ARTS INCCommunication Services1.6%$49.7m367,300–new
DT DYNATRACE INCTechnology1.6%$48.2m1.00m+21%added
WOO FOOT LOCKER INC–1.5%$46.8m831,600–new
ZEN1EUR ZENDESK INC–1.5%$46.7m352,000+12%added
WYNN WYNN RESORTS LTDConsumer Cyclical1.5%$46.5m370,700+16%added
PAGS PAGSEGURO DIGITAL LTDTechnology1.3%$41.4m893,303+40%added
NTNX NUTANIX INCTechnology1.3%$40.6m1.53m–new
II-VI INC no ticker–1.3%$40.4m590,800–new
PLNT PLANET FITNESS INCConsumer Cyclical1.3%$40.3m521,200–new
MGM MGM RESORTS INTERNATIONALConsumer Cyclical1.2%$38.6m1.02m–new
SAM BOSTON BEER INCConsumer Defensive1.1%$35.1m29,100−18%reduced
TWLO TWILIO INCTechnology1.1%$34.9m102,335+139%added
ATVIEUR ACTIVISION BLIZZARD INC–1.0%$31.9m343,146−38%reduced
TSLA TESLA INCConsumer Cyclical1.0%$30.2m45,2880.0%held
SONO SONOS INCTechnology0.9%$28.3m755,3000.0%held
RDFN REDFIN CORP–0.8%$26.2m393,896+16%added
MAR MARRIOTT INTL INC NEWConsumer Cyclical0.8%$26.2m177,000−34%reduced
RVLV REVOLVE GROUP INCConsumer Cyclical0.8%$24.1m535,500−5.3%reduced
INTC INTEL CORPTechnology0.7%$23.2m362,200–new
TRIP TRIPADVISOR INCConsumer Cyclical0.7%$22.5m419,000–new
CMRC COMMERCE.COM INCTechnology0.7%$21.2m366,700–new
LAMR LAMAR ADVERTISING CO NEWReal Estate0.5%$16.2m172,400–new
DRI DARDEN RESTAURANTS INCConsumer Cyclical0.5%$15.0m105,800–new
PAR PAR TECHNOLOGY CORPTechnology0.5%$14.9m227,589−54%reduced
ACVA ACV AUCTIONS INCConsumer Cyclical0.4%$11.4m330,000–new
ROKU ROKU INCCommunication Services0.4%$10.9m33,485−63%reduced
PSFE PAYSAFE LIMITEDTechnology0.3%$10.8m800,000–new
ALTIMETER GROWTH CORP no ticker–0.2%$4.9m400,0000.0%held

Exited since Q4 2020

8 rows
FISV FISERV INC4.9%$74.3m
TREE LENDINGTREE INC4.5%$68.1m
SNAP SNAP INC3.2%$48.2m
PINS PINTEREST INC2.7%$41.3m
WH WYNDHAM HOTELS & RESORTS INC1.9%$28.8m
RSI RUSH STREET INTERACTIVE INC1.4%$21.6m
NET CLOUDFLARE INC1.0%$15.5m
ANF ABERCROMBIE & FITCH CO1.0%$14.9m

Sector mix

  • Consumer Cyclical33.9%
  • Technology29.6%
  • Unclassified20.2%
  • Communication Services10.4%
  • Consumer Defensive5.4%
  • Real Estate0.5%

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