Atreides Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Atreides Management disclosed 41 US equity positions worth $2.8bn in its Q1 2025 13F filing. The largest position was ALAB at 10.1% of the reported book, followed by AMD and U. Against the Q4 2024 filing, it opened 10 new positions, added to 14 and reduced 14 among the top 41 holdings.
What did Atreides Management own in Q1 2025? Top 41 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | ALAB ASTERA LABS INC | Technology | 10.1% | $277.6m | 4,652,264 | 153% | added |
| 2 | AMD ADVANCED MICRO DEVICES INC | Technology | 7.9% | $216.1m | 2,102,963 | 9% | added |
| 3 | U UNITY SOFTWARE INC | Technology | 6.7% | $184.8m | 9,430,955 | 147% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 5.7% | $157.7m | 420,136 | 32% | added |
| 5 | META META PLATFORMS INC | Communication Services | 5.0% | $138.2m | 239,789 | – | new |
| 6 | AMZN AMAZON COM INC | Consumer Cyclical | 4.8% | $131.1m | 689,231 | 1% | added |
| 7 | DECK DECKERS OUTDOOR CORP | Consumer Cyclical | 4.4% | $120.6m | 1,078,693 | 124% | added |
| 8 | RBLX ROBLOX CORP | Communication Services | 4.3% | $117.8m | 2,021,572 | 232% | added |
| 9 | NVDA NVIDIA CORPORATION | Technology | 4.3% | $117.7m | 1,085,628 | – | new |
| 10 | LITE LUMENTUM HLDGS INC | Technology | 4.2% | $116.9m | 1,875,257 | 7% | added |
| 11 | RH RH | Consumer Cyclical | 4.0% | $111.0m | 473,321 | 69% | added |
| 12 | SNOW SNOWFLAKE INC | Technology | 3.2% | $89.0m | 608,715 | -20% | reduced |
| 13 | ULTA ULTA BEAUTY INC | Consumer Cyclical | 2.9% | $79.7m | 217,541 | -34% | reduced |
| 14 | MU MICRON TECHNOLOGY INC | Technology | 2.8% | $77.3m | 889,842 | 270% | added |
| 15 | CRWV COREWEAVE INC | Technology | 2.5% | $69.5m | 1,875,000 | – | new |
| 16 | ACVA ACV AUCTIONS INC | Consumer Cyclical | 2.4% | $66.7m | 4,731,079 | -6% | reduced |
| 17 | SNPS SYNOPSYS INC | Technology | 2.4% | $65.4m | 152,488 | – | new |
| 18 | S SENTINELONE INC | Technology | 2.2% | $61.0m | 3,357,817 | 2% | added |
| 19 | TSLA TESLA INC | Consumer Cyclical | 1.8% | $50.7m | 195,542 | -37% | reduced |
| 20 | FERG FERGUSON ENTERPRISES INC | Industrials | 1.6% | $44.9m | 280,079 | -7% | reduced |
| 21 | ESTC ELASTIC N V | Technology | 1.6% | $44.0m | 493,598 | -10% | reduced |
| 22 | 8QR CONFLUENT INC | 1.4% | $38.8m | 1,654,969 | 7% | added | |
| 23 | RL RALPH LAUREN CORP | Consumer Cyclical | 1.3% | $36.8m | 166,636 | -1% | reduced |
| 24 | MA MASTERCARD INCORPORATED | Financial Services | 1.3% | $36.0m | 65,605 | -8% | reduced |
| 25 | AXON AXON ENTERPRISE INC | Industrials | 1.2% | $33.1m | 62,901 | – | new |
| 26 | MDB MONGODB INC | Technology | 1.2% | $32.4m | 184,907 | -47% | reduced |
| 27 | Z ZILLOW GROUP INC | Communication Services | 1.2% | $32.2m | 469,061 | – | new |
| 28 | NCLH NORWEGIAN CRUISE LINE HLDG L | Consumer Cyclical | 1.1% | $30.8m | 1,623,483 | – | new |
| 29 | GOOGL ALPHABET INC | Communication Services | 1.1% | $29.2m | 189,077 | -57% | reduced |
| 30 | W WAYFAIR INC | Consumer Cyclical | 0.8% | $20.8m | 649,070 | -26% | reduced |
| 31 | GTLB GITLAB INC | Technology | 0.7% | $19.1m | 407,128 | -14% | reduced |
| 32 | FIVN FIVE9 INC | Technology | 0.6% | $16.7m | 616,796 | 55% | added |
| 33 | RDDT REDDIT INC | Communication Services | 0.6% | $15.4m | 146,363 | – | new |
| 34 | AMSC AMERICAN SUPERCONDUCTOR CORP | Industrials | 0.5% | $14.9m | 824,040 | – | new |
| 35 | AFRM AFFIRM HLDGS INC | Financial Services | 0.5% | $13.9m | 307,453 | 113% | added |
| 36 | ASML ASML HOLDING N V | Technology | 0.5% | $13.0m | 19,657 | -93% | reduced |
| 37 | TWLO TWILIO INC | Technology | 0.4% | $11.3m | 115,357 | – | new |
| 38 | BBWI BATH & BODY WORKS INC | Consumer Cyclical | 0.3% | $9.0m | 298,000 | -14% | reduced |
| 39 | JOBY JOBY AVIATION INC | Industrials | 0.2% | $6.0m | 1,000,000 | 0% | held |
| 40 | TBLA TABOOLA.COM LTD | Communication Services | 0.1% | $2.1m | 725,000 | 0% | held |
| 41 | SONDER HOLDINGS INC | 0.1% | $1.9m | 960,533 | 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.