WhaleCreep

Atreides Management, LP 13F holdings, Q4 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-12-31, filed 2025-02-14

Atreides Management, LP disclosed 44 US equity positions worth $3.2bn in its Q4 2024 13F filing. Its largest position is ALAB at 7.6% of the reported book, followed by AMD and ASML. Versus Q3 2024 it opened 17 new positions, added to 5, reduced 20 and exited 8.

$3.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
44
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.6%
Largest position
The largest single position as a share of the reported equity book.
51.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
26
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 Q3 2024: 17 new, 5 added, 20 reduced, 8 exited

44 rows
ALAB ASTERA LABS INCTechnology7.6%$243m1.84m−74%reduced
AMD ADVANCED MICRO DEVICES INCTechnology7.3%$232m1.92m−6.9%reduced
ASML ASML HLDG NVTechnology6.4%$204m293,636–new
AMZN AMAZON COM INCConsumer Cyclical4.7%$149m680,737−27%reduced
LITE LUMENTUM HLDGS INCTechnology4.6%$147m1.76m+3.8%added
ULTA ULTA BEAUTY INCConsumer Cyclical4.5%$144m330,071+76%added
ADBE ADOBE INCTechnology4.3%$138m311,053+10%added
MSFT MICROSOFT CORPTechnology4.2%$135m319,358–new
TSLA TESLA INCConsumer Cyclical3.9%$125m308,695−46%reduced
SNOW SNOWFLAKE INCTechnology3.7%$117m756,767–new
RH RHConsumer Cyclical3.5%$110m279,917−20%reduced
ACVA ACV AUCTIONS INCConsumer Cyclical3.4%$108m5.02m−12%reduced
AVGO BROADCOM INCTechnology3.3%$105m452,645–new
DECK DECKERS OUTDOOR CORPConsumer Cyclical3.1%$98.0m482,334−18%reduced
SBUX STARBUCKS CORPConsumer Cyclical2.8%$89.1m976,908–new
U UNITY SOFTWARE INCTechnology2.7%$85.9m3.82m–new
GOOGL ALPHABET INCCommunication Services2.6%$84.0m443,621+102%added
MDB MONGODB INCTechnology2.6%$81.9m351,859–new
S SENTINELONE INCTechnology2.3%$73.3m3.30m−13%reduced
XYZ BLOCK INCTechnology1.9%$61.9m728,208–new
CHTR CHARTER COMMUNICATIONS INCCommunication Services1.9%$60.7m177,228–new
ESTC ELASTIC N VTechnology1.7%$54.4m549,528−67%reduced
FERG FERGUSON ENTERPRISES INCIndustrials1.6%$52.3m301,576–new
8QR CONFLUENT INC–1.4%$43.3m1.55m−43%reduced
NKE NIKE INCConsumer Cyclical1.3%$40.7m537,462–new
NU NU HLDGS LTDFinancial Services1.2%$39.5m3.81m–new
RL RALPH LAUREN CORPConsumer Cyclical1.2%$39.0m168,783−55%reduced
W WAYFAIR INCConsumer Cyclical1.2%$38.7m873,606−37%reduced
MA MASTERCARD INCFinancial Services1.2%$37.5m71,308−12%reduced
RBLX ROBLOX CORPCommunication Services1.1%$35.2m608,366−31%reduced
LSCC LATTICE SEMICONDUCTOR CORPTechnology1.0%$31.8m560,997–new
NTNX NUTANIX INCTechnology1.0%$31.0m506,147+262%added
GTLB GITLAB INCTechnology0.8%$26.8m475,478−4.3%reduced
NXT NEXTPOWER INCTechnology0.7%$23.1m633,674–new
MU MICRON TECHNOLOGY INCTechnology0.6%$20.2m240,589−38%reduced
FIVN FIVE9 INCTechnology0.5%$16.2m398,233–new
GFS GLOBALFOUNDRIES INCTechnology0.5%$15.7m365,101–new
BBWI BATH & BODY WORKS INCConsumer Cyclical0.4%$13.5m348,446−63%reduced
AFRM AFFIRM HLDGS INCFinancial Services0.3%$8.8m144,206−71%reduced
JOBY JOBY AVIATION INCIndustrials0.3%$8.1m1.00m0.0%held
LRCX LAM RESEARCH CORPTechnology0.2%$6.5m89,680–new
CIEN CIENA CORPTechnology0.2%$6.4m74,952−97%reduced
SONDER HOLDINGS INC no ticker–0.10%$3.1m960,533−5.1%reduced
TBLA TABOOLA.COM LTDCommunication Services0.08%$2.6m725,0000.0%held

Exited since Q3 2024

8 rows
SE SEA LTD3.4%$101m
AAPL APPLE INC3.3%$99.0m
FIVE FIVE BELOW INC2.3%$68.6m
MELI MERCADOLIBRE2.0%$58.8m
AMT AMERICAN TOWER CORP1.5%$43.3m
SHW SHERWIN WILLIAMS CO1.2%$36.1m
GRAB HOLDINGS LIMITED no ticker0.9%$25.4m
RDDT REDDIT INC0.8%$22.6m

Sector mix

  • Technology58.2%
  • Consumer Cyclical30.0%
  • Communication Services5.7%
  • Financial Services2.7%
  • Industrials1.9%
  • Unclassified1.5%

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