Funds › Atreides Management, LP › Q2 2023Atreides Management, LP 13F holdings, Q2 2023 Atreides Management, LP disclosed 31 US equity positions worth $3.3bn in its Q2 2023 13F filing. Its largest position is RH at 10.6% of the reported book, followed by P and PYPL. Versus Q1 2023 it opened 7 new positions, added to 10, reduced 10 and exited 6.
$3.3bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
31 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.6% Largest position The largest single position as a share of the reported equity book.
61.8% 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 Q1 2023: 7 new , 10 added , 10 reduced , 6 exited
31 rows
Stock Sector Weight Value Shares Δ shares Action RH RH Consumer Cyclical 10.6% $348m 1.06m +51% added P EVERPURE INC Technology 8.8% $291m 7.89m +8.7% added PYPL PAYPAL HLDGS INC Financial Services 7.7% $255m 3.82m – new BBWI BATH & BODY WORKS INC Consumer Cyclical 6.4% $212m 5.64m +72% added XYZ BLOCK INC Technology 5.4% $179m 2.69m – new ACVA ACV AUCTIONS INC Consumer Cyclical 5.4% $177m 10.23m −0.3% held CRWD CROWDSTRIKE HLDGS INC Technology 4.8% $159m 1.08m +45% added 8QR CONFLUENT INC – 4.3% $141m 4.01m +4.6% added AMD ADVANCED MICRO DEVICES INC Technology 4.1% $136m 1.20m −69% reduced AMZN AMAZON COM INC Consumer Cyclical 4.1% $136m 1.04m −17% reduced SE SEA LTD Consumer Cyclical 3.7% $122m 2.11m – new DKS DICKS SPORTING GOODS INC Consumer Cyclical 3.7% $120m 909,685 −45% reduced DECK DECKERS OUTDOOR CORP Consumer Cyclical 3.5% $114m 216,414 −34% reduced MRVL MARVELL TECHNOLOGY INC Technology 2.9% $96.2m 1.61m −69% reduced PINS PINTEREST INC Communication Services 2.8% $92.0m 3.37m +97% added PLNT PLANET FITNESS INC Consumer Cyclical 2.5% $82.3m 1.22m – new ESTC ELASTIC N V Technology 2.4% $78.9m 1.23m – new MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 2.4% $78.1m 1.78m −30% reduced MU MICRON TECHNOLOGY INC Technology 2.3% $77.2m 1.22m +33% added BILL BILL HOLDINGS INC Technology 2.1% $68.2m 583,905 −40% reduced W WAYFAIR INC Consumer Cyclical 1.9% $62.0m 954,274 +146% added LVS LAS VEGAS SANDS CORP Consumer Cyclical 1.9% $61.3m 1.06m – new HPE HEWLETT PACKARD ENTERPRISE C Technology 1.6% $52.1m 3.10m – new TSLA TESLA INC Consumer Cyclical 1.5% $48.8m 186,255 −60% reduced LIBERTY MEDIA CORP DEL no ticker – 1.3% $44.1m 585,310 −38% reduced BC BRUNSWICK CORP Consumer Cyclical 0.6% $20.8m 239,761 +87% added SONDER HOLDINGS INC no ticker – 0.3% $10.7m 20.25m 0.0% held JOBY JOBY AVIATION INC Industrials 0.3% $10.3m 1.00m 0.0% held TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 0.3% $9.1m 62,025 −36% reduced AMPL AMPLITUDE INC Technology 0.2% $8.0m 727,480 +289% added TBLA TABOOLA.COM LTD Communication Services 0.07% $2.3m 725,000 0.0% held
Exited since Q1 2023 6 rows
Stock Prior weight Prior value DDOG DATADOG INC 3.3% $93.6m CZR CAESARS ENTERTAINMENT INC NE 2.9% $81.3m MTN VAIL RESORTS INC 2.7% $76.2m META META PLATFORMS INC 2.1% $60.5m H HYATT HOTELS CORP 1.5% $42.7m MSFT MICROSOFT CORP 0.8% $21.7m
Sector mix Consumer Cyclical 48.1% Technology 34.8% Financial Services 7.7% Unclassified 6.0% Communication Services 3.1% Industrials 0.3% Book over time Every quarter on file (27) Where Atreides Management, LP was early 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