Latest Atreides Management, LP Stock Portfolio
$4.41Billion– No. of Holdings #34
Atreides Management, LP Performance:
2024 Q1: 9.52%YTD: 9.52%2023: 31.6%
Performance for 2024 Q1 is 9.52%, and YTD is 9.52%, and 2023 is 31.6%.
About Atreides Management, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Atreides Management, LP reported an equity portfolio of $4.4 Billions as of 31 Mar, 2024.
The top stock holdings of Atreides Management, LP are MRVL, SE, ACVA. The fund has invested 6.8% of it's portfolio in MARVELL TECHNOLOGY INC and 6% of portfolio in SEA LTD .
The fund managers got completely rid off ORACLE CORP (ORCL), BILL HOLDINGS INC (BILL) and SONY GROUP CORP (SONY) stocks. They significantly reduced their stock positions in RH (RH), TESLA INC (TSLA) and LIBERTY MEDIA CORP DEL (BATRA). Atreides Management, LP opened new stock positions in MARVELL TECHNOLOGY INC (MRVL), ASTERA LABS INC and MICRON TECHNOLOGY INC (MU). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON COM INC (AMZN), WAYFAIR INC (W) and BLOCK INC (SQ).
The top stock holdings of Atreides Management, LP are MRVL, SE, ACVA. The fund has invested 6.8% of it's portfolio in MARVELL TECHNOLOGY INC and 6% of portfolio in SEA LTD .
The fund managers got completely rid off ORACLE CORP (ORCL), BILL HOLDINGS INC (BILL) and SONY GROUP CORP (SONY) stocks. They significantly reduced their stock positions in RH (RH), TESLA INC (TSLA) and LIBERTY MEDIA CORP DEL (BATRA). Atreides Management, LP opened new stock positions in MARVELL TECHNOLOGY INC (MRVL), ASTERA LABS INC and MICRON TECHNOLOGY INC (MU). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON COM INC (AMZN), WAYFAIR INC (W) and BLOCK INC (SQ).
Atreides Management, LP Equity Portfolio Value
Last Reported on: 15 May, 2024
Atreides Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Atreides Management, LP made a return of 9.52% in the last quarter. In trailing 12 months, it's portfolio return was 26.81%.
New Buys
| Ticker | $ Bought |
|---|---|
| marvell technology inc | 298,092,000 |
| astera labs inc | 197,775,000 |
| micron technology inc | 181,412,000 |
| alphabet inc | 135,114,000 |
| mongodb inc | 105,647,000 |
| ralph lauren corp | 82,911,100 |
| elastic n v | 71,859,800 |
| lumentum hldgs inc | 57,544,400 |
New stocks bought by Atreides Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| amazon com inc | 94.77 |
| wayfair inc | 92.12 |
| block inc | 71.28 |
| ciena corp | 25.11 |
| microsoft corp | 23.74 |
| bath & body works inc | 12.98 |
| confluent inc | 0.27 |
| acv auctions inc | 0.25 |
Additions to existing portfolio by Atreides Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| rh | -76.74 |
| tesla inc | -72.65 |
| liberty media corp del | -53.62 |
| pure storage inc | -50.8 |
| veeva sys inc | -36.08 |
| sea ltd | -34.93 |
| advanced micro devices inc | -28.05 |
Atreides Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| nu hldgs ltd | -47,157,000 |
| toast inc | -60,929,100 |
| juniper networks inc | -68,066,300 |
| hashicorp inc | -35,217,100 |
| fortinet inc | -55,892,600 |
| bill holdings inc | -73,306,900 |
| oracle corp | -91,975,300 |
| roblox corp | -35,061,400 |
Atreides Management, LP got rid off the above stocks
Sector Distribution
Atreides Management, LP has about 45.2% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 45.2 |
| Consumer Cyclical | 23.5 |
| Others | 18 |
| Financial Services | 4.1 |
| Communication Services | 4.1 |
| Healthcare | 1.6 |
| Industrials | 1.4 |
| Consumer Defensive | 1.4 |
Market Cap. Distribution
Atreides Management, LP has about 61.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 40.5 |
| MEGA-CAP | 21.2 |
| MID-CAP | 20.3 |
| UNALLOCATED | 18 |
Stocks belong to which Index?
About 43.6% of the stocks held by Atreides Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 56.3 |
| S&P 500 | 36.4 |
| RUSSELL 2000 | 7.2 |
Atreides Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Atreides Management, LP
Atreides Management, LP has 34 stocks in it's portfolio. About 44.2% of the portfolio is in top 10 stocks. TSLA proved to be the most loss making stock for the portfolio. PSTG was the most profitable stock for Atreides Management, LP last quarter.
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACVA | acv auctions inc | 4.70 | 11,041,300 | 207,245,000 | added | 0.25 | ||
| AMD | advanced micro devices inc | 4.17 | 1,017,120 | 183,581,000 | reduced | -28.05 | ||
| AMZN | amazon com inc | 3.37 | 823,179 | 148,485,000 | added | 94.77 | ||
| BATRA | liberty media corp del | 0.64 | 431,747 | 28,322,600 | reduced | -53.62 | ||
| BBWI | bath & body works inc | 3.85 | 3,388,920 | 169,514,000 | added | 12.98 | ||
| BILL | bill holdings inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CCI | crown castle inc | 0.68 | 281,168 | 29,756,000 | new | |||
| CFLT | confluent inc | 1.41 | 2,032,270 | 62,024,800 | added | 0.27 | ||
| CIEN | ciena corp | 3.58 | 3,190,750 | 157,783,000 | added | 25.11 | ||
| COHR | coherent corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DDOG | datadog inc | 1.17 | 417,777 | 51,637,200 | new | |||
| ESTC | elastic n v | 1.63 | 716,878 | 71,859,800 | new | |||
| FTNT | fortinet inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GOOG | alphabet inc | 3.07 | 895,210 | 135,114,000 | new | |||
| HCP | hashicorp inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| JNPR | juniper networks inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| JOBY | joby aviation inc | 0.12 | 1,000,000 | 5,360,000 | unchanged | 0.00 | ||
| LITE | lumentum hldgs inc | 1.31 | 1,215,300 | 57,544,400 | new | |||
| LOW | lowes cos inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| MA | mastercard incorporated | 3.08 | 282,020 | 135,812,000 | added | 0.15 | ||