WhaleCreep

Atreides Management, LP 13F holdings, Q2 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-06-30, filed 2024-08-14

Atreides Management, LP disclosed 40 US equity positions worth $3.1bn in its Q2 2024 13F filing. Its largest position is MRVL at 5.8% of the reported book, followed by CIEN and AMD. Versus Q1 2024 it opened 14 new positions, added to 10, reduced 13 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.
40
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.8%
Largest position
The largest single position as a share of the reported equity book.
49.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
27
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 2024: 14 new, 10 added, 13 reduced, 8 exited

40 rows
MRVL MARVELL TECHNOLOGY INCTechnology5.8%$177m2.53m−40%reduced
CIEN CIENA CORPTechnology5.7%$173m3.59m+13%added
AMD ADVANCED MICRO DEVICES INCTechnology5.5%$169m1.04m+2.3%added
ALAB ASTERA LABS INCTechnology5.5%$168m2.78m+4.1%added
AMZN AMAZON COM INCConsumer Cyclical4.9%$151m783,594−4.8%reduced
ADBE ADOBE INCTechnology4.7%$145m261,014–new
ACVA ACV AUCTIONS INCConsumer Cyclical4.7%$143m7.83m−29%reduced
TSLA TESLA INCConsumer Cyclical4.5%$139m702,705+360%added
BBWI BATH & BODY WORKS INCConsumer Cyclical4.3%$130m3.34m−1.5%reduced
HPE HEWLETT PACKARD ENTERPRISE CTechnology4.1%$127m5.98m–new
SE SEA LTDConsumer Cyclical4.1%$124m1.74m−65%reduced
ESTC ELASTIC N VTechnology4.0%$122m1.07m+50%added
P EVERPURE INCTechnology3.2%$99.3m1.55m−43%reduced
GOOGL ALPHABET INCCommunication Services3.2%$97.9m537,435−40%reduced
MU MICRON TECHNOLOGY INCTechnology3.1%$95.6m726,900−53%reduced
W WAYFAIR INCConsumer Cyclical2.7%$81.6m1.55m+72%added
RH RHConsumer Cyclical2.4%$74.8m306,000+26%added
8QR CONFLUENT INC–2.4%$74.5m2.52m+24%added
AAPL APPLE INCTechnology2.2%$68.9m327,083–new
LITE LUMENTUM HLDGS INCTechnology2.2%$67.0m1.32m+8.3%added
SHW SHERWIN WILLIAMS COBasic Materials2.2%$66.5m222,951–new
DDOG DATADOG INCTechnology1.9%$59.5m458,684+9.8%added
XYZ BLOCK INCTechnology1.8%$54.3m842,008−41%reduced
MA MASTERCARD INCFinancial Services1.7%$53.0m120,117−57%reduced
RL RALPH LAUREN CORPConsumer Cyclical1.7%$51.5m294,132−33%reduced
IOT SAMSARA INCTechnology1.6%$49.7m1.47m–new
MELI MERCADOLIBREConsumer Cyclical1.4%$43.7m26,610–new
META META PLATFORMS INCCommunication Services1.4%$42.2m83,611–new
RBLX ROBLOX CORPCommunication Services1.2%$38.0m1.02m–new
GRAB HOLDINGS LIMITED no ticker–1.2%$35.5m10.01m–new
S SENTINELONE INCTechnology1.1%$33.7m1.60m–new
KVYO KLAVIYO INCTechnology0.7%$22.4m901,811−48%reduced
SBUX STARBUCKS CORPConsumer Cyclical0.7%$21.8m280,473–new
RDDT REDDIT INCCommunication Services0.6%$18.0m281,942−29%reduced
AMT AMERICAN TOWER CORPReal Estate0.5%$14.9m76,564–new
AMKR AMKOR TECHNOLOGY INCTechnology0.3%$8.5m212,388–new
DKNG DRAFTKINGS INC NEWConsumer Cyclical0.3%$8.3m216,141–new
JOBY JOBY AVIATION INCIndustrials0.2%$5.1m1.00m0.0%held
SONDER HOLDINGS INC no ticker–0.2%$4.7m1.01m0.0%held
TBLA TABOOLA.COM LTDCommunication Services0.08%$2.5m725,0000.0%held

Exited since Q1 2024

8 rows
MDB MONGODB INC3.2%$106m
MSFT MICROSOFT CORP2.3%$75.8m
VEEV VEEVA SYS INC1.6%$52.8m
STZ CONSTELLATION BRANDS INC1.4%$45.6m
ON HLDG AG no ticker1.3%$42.1m
WSC WILLSCOT HLDGS CORP1.2%$41.1m
CCI CROWN CASTLE INC0.9%$29.8m
LLYVK LIBERTY MEDIA CORP DEL0.8%$28.3m

Sector mix

  • Technology53.5%
  • Consumer Cyclical31.7%
  • Communication Services6.5%
  • Unclassified3.7%
  • Basic Materials2.2%
  • Financial Services1.7%
  • Real Estate0.5%
  • 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