Atreides Management 13F holdings, Q3 2024
Holdings as of September 30, 2024 · filings on SEC EDGAR · latest filing →
Atreides Management disclosed 35 US equity positions worth $3.0bn in its Q3 2024 13F filing. The largest position was ALAB at 12.7% of the reported book, followed by AMD and AMZN. Against the Q2 2024 filing, it opened 6 new positions, added to 14 and reduced 12 among the top 35 holdings.
What did Atreides Management own in Q3 2024? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2024 |
|---|---|---|---|---|---|---|---|
| 1 | ALAB ASTERA LABS INC | Technology | 12.7% | $375.6m | 7,168,490 | 158% | added |
| 2 | AMD ADVANCED MICRO DEVICES INC | Technology | 11.4% | $338.7m | 2,064,000 | 98% | added |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 5.9% | $173.5m | 931,107 | 19% | added |
| 4 | TSLA TESLA INC | Consumer Cyclical | 5.0% | $148.9m | 569,075 | -19% | reduced |
| 5 | ADBE ADOBE INC | Technology | 4.9% | $146.0m | 281,890 | 8% | added |
| 6 | CIEN CIENA CORP | Technology | 4.6% | $136.7m | 2,219,211 | -38% | reduced |
| 7 | ESTC ELASTIC N V | Technology | 4.4% | $129.6m | 1,687,791 | 57% | added |
| 8 | RH RH | Consumer Cyclical | 4.0% | $117.4m | 351,174 | 15% | added |
| 9 | ACVA ACV AUCTIONS INC | Consumer Cyclical | 3.9% | $115.6m | 5,684,445 | -27% | reduced |
| 10 | LITE LUMENTUM HLDGS INC | Technology | 3.6% | $107.2m | 1,691,017 | 29% | added |
| 11 | SE SEA LTD | Consumer Cyclical | 3.4% | $101.3m | 1,074,456 | -38% | reduced |
| 12 | AAPL APPLE INC | Technology | 3.3% | $99.0m | 424,965 | 30% | added |
| 13 | DECK DECKERS OUTDOOR CORP | Consumer Cyclical | 3.2% | $94.3m | 591,144 | – | new |
| 14 | S SENTINELONE INC | Technology | 3.1% | $91.0m | 3,802,904 | 137% | added |
| 15 | W WAYFAIR INC | Consumer Cyclical | 2.6% | $78.1m | 1,390,537 | -10% | reduced |
| 16 | RL RALPH LAUREN CORP | Consumer Cyclical | 2.5% | $73.2m | 377,481 | 28% | added |
| 17 | ULTA ULTA BEAUTY INC | Consumer Cyclical | 2.5% | $73.1m | 187,780 | – | new |
| 18 | FIVE FIVE BELOW INC | Consumer Cyclical | 2.3% | $68.6m | 777,011 | – | new |
| 19 | MELI MERCADOLIBRE INC | Consumer Cyclical | 2.0% | $58.8m | 28,662 | 8% | added |
| 20 | 8QR CONFLUENT INC | 1.9% | $55.2m | 2,706,910 | 7% | added | |
| 21 | AMT AMERICAN TOWER CORP NEW | Real Estate | 1.5% | $43.3m | 186,136 | 143% | added |
| 22 | MU MICRON TECHNOLOGY INC | Technology | 1.4% | $40.1m | 386,550 | -47% | reduced |
| 23 | MA MASTERCARD INCORPORATED | Financial Services | 1.3% | $39.8m | 80,680 | -33% | reduced |
| 24 | RBLX ROBLOX CORP | Communication Services | 1.3% | $39.3m | 887,885 | -13% | reduced |
| 25 | GOOGL ALPHABET INC | Communication Services | 1.2% | $36.4m | 219,517 | -59% | reduced |
| 26 | SHW SHERWIN WILLIAMS CO | Basic Materials | 1.2% | $36.1m | 94,634 | -58% | reduced |
| 27 | BBWI BATH & BODY WORKS INC | Consumer Cyclical | 1.0% | $30.1m | 943,926 | -72% | reduced |
| 28 | GTLB GITLAB INC | Technology | 0.9% | $25.6m | 496,795 | – | new |
| 29 | GRAB HOLDINGS LIMITED | 0.9% | $25.4m | 6,677,707 | -33% | reduced | |
| 30 | RDDT REDDIT INC | Communication Services | 0.8% | $22.6m | 342,530 | 21% | added |
| 31 | AFRM AFFIRM HLDGS INC | Financial Services | 0.7% | $20.4m | 499,858 | – | new |
| 32 | NTNX NUTANIX INC | Technology | 0.3% | $8.3m | 139,912 | – | new |
| 33 | JOBY JOBY AVIATION INC | Industrials | 0.2% | $5.0m | 1,000,000 | 0% | held |
| 34 | SONDER HOLDINGS INC | 0.2% | $4.7m | 1,012,621 | 0% | held | |
| 35 | TBLA TABOOLA.COM LTD | Communication Services | 0.1% | $2.4m | 725,000 | 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.