WhaleCreep

Atreides Management, LP 13F holdings, Q1 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-03-31, filed 2023-05-15

Atreides Management, LP disclosed 30 US equity positions worth $2.8bn in its Q1 2023 13F filing. Its largest position is AMD at 13.5% of the reported book, followed by DKS and MRVL. Versus Q4 2022 it opened 9 new positions, added to 11, reduced 7 and exited 13.

$2.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
30
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.5%
Largest position
The largest single position as a share of the reported equity book.
65.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
17
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 2022: 9 new, 11 added, 7 reduced, 13 exited

30 rows
AMD ADVANCED MICRO DEVICES INCTechnology13.5%$379m3.87m+6.3%added
DKS DICKS SPORTING GOODS INCConsumer Cyclical8.4%$236m1.66m+2.6%added
MRVL MARVELL TECHNOLOGY INCTechnology7.9%$223m5.16m+22%added
P EVERPURE INCTechnology6.6%$185m7.26m+93%added
RH RHConsumer Cyclical6.0%$170m698,553–new
DECK DECKERS OUTDOOR CORPConsumer Cyclical5.3%$148m329,013−3.0%reduced
ACVA ACV AUCTIONS INCConsumer Cyclical4.7%$132m10.26m+0.9%added
AMZN AMAZON COM INCConsumer Cyclical4.6%$130m1.26m+160%added
BBWI BATH & BODY WORKS INCConsumer Cyclical4.3%$120m3.29m+19%added
MGM MGM RESORTS INTERNATIONALConsumer Cyclical4.0%$113m2.54m−22%reduced
CRWD CROWDSTRIKE HLDGS INCTechnology3.6%$103m748,490–new
TSLA TESLA INCConsumer Cyclical3.4%$95.8m461,552−32%reduced
DDOG DATADOG INCTechnology3.3%$93.6m1.29m–new
8QR CONFLUENT INC–3.3%$92.2m3.83m–new
CZR CAESARS ENTERTAINMENT INC NEConsumer Cyclical2.9%$81.3m1.67m+12%added
BILL BILL HOLDINGS INCTechnology2.8%$79.5m979,474+41%added
MTN VAIL RESORTS INCConsumer Cyclical2.7%$76.2m326,300+0.9%added
LIBERTY MEDIA CORP DEL no ticker–2.5%$70.2m938,049−28%reduced
META META PLATFORMS INCCommunication Services2.1%$60.5m285,474−78%reduced
MU MICRON TECHNOLOGY INCTechnology2.0%$55.6m920,958–new
PINS PINTEREST INCCommunication Services1.7%$46.6m1.71m–new
H HYATT HOTELS CORPConsumer Cyclical1.5%$42.7m382,367−40%reduced
MSFT MICROSOFT CORPTechnology0.8%$21.7m75,423–new
SONDER HOLDINGS INC no ticker–0.5%$15.3m20.25m0.0%held
W WAYFAIR INCConsumer Cyclical0.5%$13.3m387,966+36%added
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services0.4%$11.5m96,251−87%reduced
BC BRUNSWICK CORPConsumer Cyclical0.4%$10.5m127,973–new
JOBY JOBY AVIATION INCIndustrials0.2%$4.3m1.00m0.0%held
AMPL AMPLITUDE INCTechnology0.08%$2.3m186,875–new
TBLA TABOOLA.COM LTDCommunication Services0.07%$2.0m725,0000.0%held

Exited since Q4 2022

13 rows
XYZ BLOCK INC6.3%$159m
HUBS HUBSPOT INC3.0%$77.0m
LVS LAS VEGAS SANDS CORP2.2%$55.1m
NVDA NVIDIA CORPORATION2.1%$54.1m
ON HLDG AG no ticker2.1%$53.6m
DISH DISH NETWORK CORPORATION2.1%$53.5m
PCOR PROCORE TECHNOLOGIES INC2.0%$50.0m
INTU INTUIT1.9%$48.2m
MQ MARQETA INC1.7%$42.7m
TEAM ATLASSIAN CORPORATION1.3%$32.8m
IOT SAMSARA INC0.7%$18.8m
CATALYST PARTNRS ACQUISITN C no ticker0.2%$5.5m
OPEN OPENDOOR TECHNOLOGIES INC0.2%$4.0m

Sector mix

  • Consumer Cyclical48.6%
  • Technology40.6%
  • Unclassified6.3%
  • Communication Services4.3%
  • Industrials0.2%

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