Atreides Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Atreides Management disclosed 34 US equity positions worth $3.3bn in its Q1 2024 13F filing. The largest position was MRVL at 8.9% of the reported book, followed by SE and ACVA. Against the Q4 2023 filing, it opened 15 new positions, added to 6 and reduced 7 among the top 34 holdings.
What did Atreides Management own in Q1 2024? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | MRVL MARVELL TECHNOLOGY INC | Technology | 8.9% | $298.1m | 4,205,582 | – | new |
| 2 | SE SEA LTD | Consumer Cyclical | 7.9% | $263.4m | 4,903,612 | -35% | reduced |
| 3 | ACVA ACV AUCTIONS INC | Consumer Cyclical | 6.2% | $207.2m | 11,041,283 | 0% | held |
| 4 | ALAB ASTERA LABS INC | Technology | 5.9% | $197.8m | 2,665,792 | – | new |
| 5 | AMD ADVANCED MICRO DEVICES INC | Technology | 5.5% | $183.6m | 1,017,124 | -28% | reduced |
| 6 | MU MICRON TECHNOLOGY INC | Technology | 5.4% | $181.4m | 1,538,826 | – | new |
| 7 | BBWI BATH & BODY WORKS INC | Consumer Cyclical | 5.1% | $169.5m | 3,388,925 | 13% | added |
| 8 | CIEN CIENA CORP | Technology | 4.7% | $157.8m | 3,190,753 | 25% | added |
| 9 | AMZN AMAZON COM INC | Consumer Cyclical | 4.5% | $148.5m | 823,179 | 95% | added |
| 10 | P PURE STORAGE INC | Technology | 4.2% | $140.5m | 2,703,336 | -51% | reduced |
| 11 | MA MASTERCARD INCORPORATED | Financial Services | 4.1% | $135.8m | 282,020 | 0% | held |
| 12 | GOOGL ALPHABET INC | Communication Services | 4.1% | $135.1m | 895,210 | – | new |
| 13 | XYZ BLOCK INC | Technology | 3.6% | $120.3m | 1,421,798 | 71% | added |
| 14 | MDB MONGODB INC | Technology | 3.2% | $105.6m | 294,577 | – | new |
| 15 | RH RH | Consumer Cyclical | 2.5% | $84.9m | 243,755 | -77% | reduced |
| 16 | RL RALPH LAUREN CORP | Consumer Cyclical | 2.5% | $82.9m | 441,580 | – | new |
| 17 | MSFT MICROSOFT CORP | Technology | 2.3% | $75.8m | 180,225 | 24% | added |
| 18 | ESTC ELASTIC N V | Technology | 2.2% | $71.9m | 716,878 | – | new |
| 19 | 8QR CONFLUENT INC | 1.9% | $62.0m | 2,032,269 | 0% | held | |
| 20 | W WAYFAIR INC | Consumer Cyclical | 1.8% | $61.0m | 898,349 | 92% | added |
| 21 | LITE LUMENTUM HLDGS INC | Technology | 1.7% | $57.5m | 1,215,299 | – | new |
| 22 | VEEV VEEVA SYS INC | Healthcare | 1.6% | $52.8m | 227,881 | -36% | reduced |
| 23 | DDOG DATADOG INC | Technology | 1.5% | $51.6m | 417,777 | – | new |
| 24 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 1.4% | $45.6m | 167,641 | – | new |
| 25 | KVYO KLAVIYO INC | Technology | 1.3% | $44.5m | 1,748,315 | – | new |
| 26 | ON HLDG AG | 1.3% | $42.1m | 1,191,261 | – | new | |
| 27 | WSC WILLSCOT MOBIL MINI HLDNG CO | Industrials | 1.2% | $41.1m | 883,419 | – | new |
| 28 | CCI CROWN CASTLE INC | Real Estate | 0.9% | $29.8m | 281,168 | – | new |
| 29 | LIBERTY MEDIA CORP DEL | 0.8% | $28.3m | 431,747 | -54% | reduced | |
| 30 | TSLA TESLA INC | Consumer Cyclical | 0.8% | $26.9m | 152,915 | -73% | reduced |
| 31 | RDDT REDDIT INC | Communication Services | 0.6% | $19.5m | 395,477 | – | new |
| 32 | JOBY JOBY AVIATION INC | Industrials | 0.2% | $5.4m | 1,000,000 | 0% | held |
| 33 | TBLA TABOOLA.COM LTD | Communication Services | 0.1% | $3.2m | 725,000 | 0% | held |
| 34 | SONDER HOLDINGS INC | 0.1% | $3.0m | 1,012,621 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.