WhaleCreep

Atreides Management, LP 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-15

Atreides Management, LP disclosed 37 US equity positions worth $3.9bn in its Q3 2021 13F filing. Its largest position is DKS at 9.9% of the reported book, followed by PENN and TWTRUSD. Versus Q2 2021 it opened 8 new positions, added to 11, reduced 10 and exited 12.

$3.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
37
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.9%
Largest position
The largest single position as a share of the reported equity book.
60.1%
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 Q2 2021: 8 new, 11 added, 10 reduced, 12 exited

37 rows
DKS DICKS SPORTING GOODS INCConsumer Cyclical9.9%$387m3.23m+12%added
PENN PENN ENTERTAINMENT INCConsumer Cyclical9.0%$350m4.84m–new
TWTRUSD TWITTER INC–9.0%$350m5.80m+3.8%added
UBER UBER TECHNOLOGIES INCTechnology8.3%$326m7.27m+260%added
AEO AMERICAN EAGLE OUTFITTERS INConsumer Cyclical5.7%$222m8.62m+2.8%added
DISH DISH NETWORK CORPORATION–5.2%$203m4.66m+6.3%added
DIS DISNEY WALT COCommunication Services3.5%$135m797,934−21%reduced
TWLO TWILIO INCTechnology3.3%$128m401,172+423%added
AMZN AMAZON COM INCConsumer Cyclical3.2%$126m38,399−19%reduced
MTCH MATCH GROUP INC NEWCommunication Services3.1%$121m770,203–new
PLANUSD ANAPLAN INC–3.0%$116m1.91m–new
MGM MGM RESORTS INTERNATIONALConsumer Cyclical2.9%$115m2.66m+218%added
COIN COINBASE GLOBAL INCFinancial Services2.7%$105m461,672+10%added
EA ELECTRONIC ARTS INCCommunication Services2.6%$102m717,562−23%reduced
ESTC ELASTIC N VTechnology2.6%$99.6m668,208+16%added
GDRX GOODRX HLDGS INCHealthcare2.4%$94.9m2.31m−33%reduced
II-VI INC no ticker–2.3%$91.4m1.54m−0.1%held
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services2.1%$82.4m535,093–new
TGT TARGET CORPConsumer Defensive2.1%$82.4m360,130−18%reduced
DT DYNATRACE INCTechnology2.1%$81.1m1.14m−7.9%reduced
W WAYFAIR INCConsumer Cyclical2.0%$77.2m302,273+2.0%added
LIBERTY MEDIA CORP DEL no ticker–2.0%$76.9m1.50m−0.2%held
DECK DECKERS OUTDOOR CORPConsumer Cyclical1.9%$75.9m210,618−17%reduced
CZR CAESARS ENTERTAINMENT INC NEConsumer Cyclical1.9%$73.9m658,142–new
GOOGL ALPHABET INCCommunication Services1.7%$64.8m24,253−21%reduced
MU MICRON TECHNOLOGY INCTechnology1.3%$50.5m711,812−28%reduced
Z ZILLOW GROUP INCCommunication Services1.1%$42.1m477,469−2.8%reduced
TSLA TESLA INCConsumer Cyclical0.9%$35.1m45,2880.0%held
ACVA ACV AUCTIONS INCConsumer Cyclical0.9%$33.4m1.87m+444%added
ROKU ROKU INCCommunication Services0.5%$19.4m61,7690.0%held
JOBY JOBY AVIATION INCIndustrials0.3%$10.1m1.00m–new
TBLA TABOOLA.COM LTDCommunication Services0.2%$6.1m725,0000.0%held
CATALYST PARTNRS ACQUISITN C no ticker–0.1%$5.1m520,0720.0%held
OLPX OLAPLEX HLDGS INC–0.1%$4.9m200,000–new
ALTIMETER GROWTH CORP no ticker–0.1%$4.4m416,0570.0%held
MRVL MARVELL TECHNOLOGY INCTechnology0.08%$3.1m51,0710.0%held
OWLT OWLET INC–0.07%$2.8m500,000–new

Exited since Q2 2021

12 rows
AMD ADVANCED MICRO DEVICES INC4.7%$185m
SAM BOSTON BEER INC4.5%$176m
XYZ BLOCK INC3.3%$127m
NFLX NETFLIX INC.2.6%$102m
TPR TAPESTRY INC1.9%$75.6m
WIX WIX COM LTD1.5%$60.0m
ZM ZOOM COMMUNICATIONS INC1.4%$56.5m
NTNX NUTANIX INC1.2%$48.0m
SOFI SOFI TECHNOLOGIES INC1.2%$47.9m
SONO SONOS INC0.7%$27.7m
RDFN REDFIN CORP0.4%$16.9m
S SENTINELONE INC0.03%$1.1m

Sector mix

  • Consumer Cyclical38.3%
  • Unclassified21.9%
  • Technology17.6%
  • Communication Services14.7%
  • Financial Services2.7%
  • Healthcare2.4%
  • Consumer Defensive2.1%
  • Industrials0.3%

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