WhaleCreep

Atreides Management, LP 13F holdings, Q3 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-09-30, filed 2024-11-14

Atreides Management, LP disclosed 35 US equity positions worth $3.0bn in its Q3 2024 13F filing. Its largest position is ALAB at 12.7% of the reported book, followed by AMD and AMZN. Versus Q2 2024 it opened 6 new positions, added to 14, reduced 12 and exited 11.

$3.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
35
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.7%
Largest position
The largest single position as a share of the reported equity book.
60.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
18
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 Q2 2024: 6 new, 14 added, 12 reduced, 11 exited

35 rows
ALAB ASTERA LABS INCTechnology12.7%$376m7.17m+158%added
AMD ADVANCED MICRO DEVICES INCTechnology11.4%$339m2.06m+98%added
AMZN AMAZON COM INCConsumer Cyclical5.9%$173m931,107+19%added
TSLA TESLA INCConsumer Cyclical5.0%$149m569,075−19%reduced
ADBE ADOBE INCTechnology4.9%$146m281,890+8.0%added
CIEN CIENA CORPTechnology4.6%$137m2.22m−38%reduced
ESTC ELASTIC N VTechnology4.4%$130m1.69m+57%added
RH RHConsumer Cyclical4.0%$117m351,174+15%added
ACVA ACV AUCTIONS INCConsumer Cyclical3.9%$116m5.68m−27%reduced
LITE LUMENTUM HLDGS INCTechnology3.6%$107m1.69m+29%added
SE SEA LTDConsumer Cyclical3.4%$101m1.07m−38%reduced
AAPL APPLE INCTechnology3.3%$99.0m424,965+30%added
DECK DECKERS OUTDOOR CORPConsumer Cyclical3.2%$94.3m591,144–new
S SENTINELONE INCTechnology3.1%$91.0m3.80m+137%added
W WAYFAIR INCConsumer Cyclical2.6%$78.1m1.39m−10%reduced
RL RALPH LAUREN CORPConsumer Cyclical2.5%$73.2m377,481+28%added
ULTA ULTA BEAUTY INCConsumer Cyclical2.5%$73.1m187,780–new
FIVE FIVE BELOW INCConsumer Cyclical2.3%$68.6m777,011–new
MELI MERCADOLIBREConsumer Cyclical2.0%$58.8m28,662+7.7%added
8QR CONFLUENT INC–1.9%$55.2m2.71m+7.3%added
AMT AMERICAN TOWER CORPReal Estate1.5%$43.3m186,136+143%added
MU MICRON TECHNOLOGY INCTechnology1.4%$40.1m386,550−47%reduced
MA MASTERCARD INCFinancial Services1.3%$39.8m80,680−33%reduced
RBLX ROBLOX CORPCommunication Services1.3%$39.3m887,885−13%reduced
GOOGL ALPHABET INCCommunication Services1.2%$36.4m219,517−59%reduced
SHW SHERWIN WILLIAMS COBasic Materials1.2%$36.1m94,634−58%reduced
BBWI BATH & BODY WORKS INCConsumer Cyclical1.0%$30.1m943,926−72%reduced
GTLB GITLAB INCTechnology0.9%$25.6m496,795–new
GRAB HOLDINGS LIMITED no ticker–0.9%$25.4m6.68m−33%reduced
RDDT REDDIT INCCommunication Services0.8%$22.6m342,530+21%added
AFRM AFFIRM HLDGS INCFinancial Services0.7%$20.4m499,858–new
NTNX NUTANIX INCTechnology0.3%$8.3m139,912–new
JOBY JOBY AVIATION INCIndustrials0.2%$5.0m1.00m0.0%held
SONDER HOLDINGS INC no ticker–0.2%$4.7m1.01m0.0%held
TBLA TABOOLA.COM LTDCommunication Services0.08%$2.4m725,0000.0%held

Exited since Q2 2024

11 rows
MRVL MARVELL TECHNOLOGY INC5.8%$177m
HPE HEWLETT PACKARD ENTERPRISE C4.1%$127m
P EVERPURE INC3.2%$99.3m
DDOG DATADOG INC1.9%$59.5m
XYZ BLOCK INC1.8%$54.3m
IOT SAMSARA INC1.6%$49.7m
META META PLATFORMS INC1.4%$42.2m
KVYO KLAVIYO INC0.7%$22.4m
SBUX STARBUCKS CORP0.7%$21.8m
AMKR AMKOR TECHNOLOGY INC0.3%$8.5m
DKNG DRAFTKINGS INC NEW0.3%$8.3m

Sector mix

  • Technology50.6%
  • Consumer Cyclical38.3%
  • Communication Services3.4%
  • Unclassified2.9%
  • Financial Services2.0%
  • Real Estate1.5%
  • Basic Materials1.2%
  • 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