Philippe Laffont is the founder and portfolio manager of Coatue Management, a hedge fund and venture capital firm that maintains a focus on technology-themed investing and lifecycle investing. Coatue Management, which has $46 billion in assets under management, has invested in companies such as privately held Tik Tok-parent Bytedance, Snapchat parent Snap Inc. (NYSE: SNAP | SNAP Price Prediction) and music-streaming service Spotify Technology S.A. (NYSE: SPOT), among others.
A so-called Tiger Cub after having worked for Julian Robertson’s Tiger Management hedge fund, Laffont founded Coatue Management in 1999. He has amassed a net worth of $6.5 billion, serves on the board of AppZen, an AI-powered automation and invoice management platform, and is also an angel investor.
Laffont’s long-only portfolio has 81 positions spanning six market sectors, the most of which are concentrated in the information technology sector (52.9%). His holdings are well balanced, with his top two positions — Meta Platforms Inc. (NASDAQ: META) and Amazon.com Inc. (NASDAQ: AMZN) — accounting for just 15.66% of his overall portfolio. In 2024, Laffont ranked 6th overall in Institutional Investor’s “23rd Annual Ranking of the Highest-Earning Hedge Fund Managers.”
Coatue Management Management Portfolio
| Stock | Ticker | Shares Held | % of Portfolio | Change in Shares | % Change | % of Ownership | Position First Opened |
| Meta Platforms Inc | META | 3,694,259 | 7.86% | -488,068 | -11.67% | 0.14% | Q3 2013 |
| Amazon.com Inc | AMZN | 11,269,029 | 7.80% | 496,218 | 4.61% | 0.11% | Q4 2009 |
| Constellation Energy Corp | CEG | 7,726,108 | 7.46% | 2,818,223 | 57.42% | 2.47% | Q1 2024 |
| Microsoft Corp | MSFT | 3,852,860 | 6.16% | 151,206 | 4.08% | 0.05% | Q3 2021 |
| Taiwan Semiconductor Mfg. Co. Ltd. | TSM | 9,365,760 | 6.04% | -2,027,942 | -17.80% | 0.04% | Q1 2023 |
| Eaton Corporation PLC | ETN | 4,638,702 | 5.71% | 363,764 | 8.51% | 1.17% | Q2 2023 |
| NVIDIA Corp | NVDA | 10,138,161 | 4.57% | -3,616,286 | -26.29% | 0.04% | Q3 2016 |
| GE Vernova Inc | GEV | 3,943,157 | 3.74% | 611,126 | 18.34% | 1.43% | Q2 2024 |
| Adobe Inc | ADBE | 1,684,236 | 3.24% | -159,685 | -8.66% | 0.38% | Q3 2022 |
| Nu Holdings Ltd | NU | 62,800,630 | 3.18% | 3,658,025 | 6.19% | 1.36% | Q2 2023 |
| Vertiv Holdings Co | VRT | 7,716,123 | 2.85% | -1,326,789 | -14.67% | 2.06% | Q2 2023 |
| Broadcom Inc | AVGO | 4,323,026 | 2.77% | 1,488,666 | 52.52% | 0.09% | Q1 2024 |
| Advanced Micro Devices Inc | AMD | 4,249,190 | 2.59% | -2,029,968 | -32.33% | 0.26% | Q1 2022 |
| PayPal Holdings Inc | PYPL | 8,257,928 | 2.39% | 2,192,418 | 36.15% | 0.82% | Q1 2016 |
| Alphabet Inc Class A | GOOGL | 3,682,229 | 2.27% | 917,720 | 33.20% | 0.06% | Q4 2022 |
| Tesla Inc | TSLA | 2,234,189 | 2.17% | 595,836 | 36.37% | 0.07% | Q1 2020 |
| Intuitive Surgical, Inc. | ISRG | 1,094,176 | 2.00% | 67,122 | 6.54% | 0.31% | Q3 2023 |
| Netflix Inc | NFLX | 612,323 | 1.61% | No Change | 0.14% | Q4 2012 | |
| Cadence Design Systems Inc | CDNS | 1,326,099 | 1.34% | 1,326,099 | New | 0.48% | Q3 2024 |
| KKR & Co Inc | KKR | 2,719,255 | 1.32% | 2,719,255 | New | 0.31% | Q3 2024 |
| PDD Holdings Inc – ADR | PDD | 2,587,536 | 1.30% | 2,279,835 | 740.93% | 0.21% | Q4 2021 |
| First Citizens BancShares Inc (Delaware) Class A | FCNCA | 185,752 | 1.27% | -22,612 | -10.85% | 1.43% | Q1 2023 |
| Vistra Corp | VST | 2,828,662 | 1.25% | -1,156,715 | -29.02% | 0.83% | Q1 2024 |
| Lam Research Corp | LRCX | 4,046,370 | 1.23% | -528,060 | -11.54% | 0.03% | Q3 2022 |
| JD.Com Inc | JD | 8,248,048 | 1.23% | 8,223,493 | 33490.10% | 0.62% | Q3 2019 |
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