Latest Atreides Management, LP Stock Portfolio
$3.06Billion– No. of Holdings #40
Atreides Management, LP Performance:
2024 Q2: 0.11%YTD: 8.39%2023: 32.41%
Performance for 2024 Q2 is 0.11%, and YTD is 8.39%, and 2023 is 32.41%.
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 $3.1 Billions as of 30 Jun, 2024.
The top stock holdings of Atreides Management, LP are MRVL, CIEN, AMD. The fund has invested 5.8% of it's portfolio in MARVELL TECHNOLOGY INC and 5.7% of portfolio in CIENA CORP .
The fund managers got completely rid off MONGODB INC (MDB), MICROSOFT CORP (MSFT) and VEEVA SYS INC (VEEV) stocks. They significantly reduced their stock positions in SEA LTD (SE), MASTERCARD INCORPORATED (MA) and MICRON TECHNOLOGY INC (MU). Atreides Management, LP opened new stock positions in ADOBE INC (ADBE), HEWLETT PACKARD ENTERPRISE C (HPE) and APPLE INC (AAPL). The fund showed a lot of confidence in some stocks as they added substantially to TESLA INC (TSLA), WAYFAIR INC (W) and ELASTIC N V (ESTC).
The top stock holdings of Atreides Management, LP are MRVL, CIEN, AMD. The fund has invested 5.8% of it's portfolio in MARVELL TECHNOLOGY INC and 5.7% of portfolio in CIENA CORP .
The fund managers got completely rid off MONGODB INC (MDB), MICROSOFT CORP (MSFT) and VEEVA SYS INC (VEEV) stocks. They significantly reduced their stock positions in SEA LTD (SE), MASTERCARD INCORPORATED (MA) and MICRON TECHNOLOGY INC (MU). Atreides Management, LP opened new stock positions in ADOBE INC (ADBE), HEWLETT PACKARD ENTERPRISE C (HPE) and APPLE INC (AAPL). The fund showed a lot of confidence in some stocks as they added substantially to TESLA INC (TSLA), WAYFAIR INC (W) and ELASTIC N V (ESTC).
Atreides Management, LP Equity Portfolio Value
Last Reported on: 14 Aug, 2024
Atreides Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Atreides Management, LP made a return of 0.11% in the last quarter. In trailing 12 months, it's portfolio return was 9.93%.
New Buys
| Ticker | $ Bought |
|---|---|
| adobe inc | 145,004,000 |
| hewlett packard enterprise c | 126,581,000 |
| apple inc | 68,890,200 |
| sherwin williams co | 66,535,300 |
| samsara inc | 49,665,300 |
| mercadolibre inc | 43,730,900 |
| meta platforms inc | 42,158,300 |
| roblox corp | 38,026,400 |
New stocks bought by Atreides Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| tesla inc | 359 |
| wayfair inc | 72.25 |
| elastic n v | 49.74 |
| rh | 25.54 |
| confluent inc | 24.1 |
| ciena corp | 12.59 |
| datadog inc | 9.79 |
| lumentum hldgs inc | 8.26 |
Additions to existing portfolio by Atreides Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| sea ltd | -64.53 |
| mastercard incorporated | -57.41 |
| micron technology inc | -52.76 |
| klaviyo inc | -48.42 |
| pure storage inc | -42.77 |
| block inc | -40.78 |
| alphabet inc | -39.97 |
| marvell technology inc | -39.8 |
Atreides Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| on hldg ag | -42,146,800 |
| willscot mobil mini hldng co | -41,079,000 |
| liberty media corp del | -28,322,600 |
| mongodb inc | -105,647,000 |
| crown castle inc | -29,756,000 |
| veeva sys inc | -52,797,700 |
| microsoft corp | -75,824,300 |
| constellation brands inc | -45,558,100 |
Atreides Management, LP got rid off the above stocks
Sector Distribution
Atreides Management, LP has about 49.8% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 49.8 |
| Consumer Cyclical | 27.6 |
| Others | 12.2 |
| Communication Services | 5.9 |
| Basic Materials | 2.2 |
| Financial Services | 1.7 |
Market Cap. Distribution
Atreides Management, LP has about 61.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 33.6 |
| MEGA-CAP | 28.3 |
| MID-CAP | 25.9 |
| UNALLOCATED | 12.3 |
Stocks belong to which Index?
About 50% of the stocks held by Atreides Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 50 |
| S&P 500 | 44.9 |
| RUSSELL 2000 | 5.1 |
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 40 stocks in it's portfolio. About 49.7% of the portfolio is in top 10 stocks. BBWI 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: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.25 | 327,083 | 68,890,200 | new | |||
| ACVA | acv auctions inc | 4.67 | 7,832,630 | 142,946,000 | reduced | -29.06 | ||
| ADBE | adobe inc | 4.74 | 261,014 | 145,004,000 | new | |||
| AMD | advanced micro devices inc | 5.51 | 1,040,230 | 168,736,000 | added | 2.27 | ||
| AMKR | amkor technology inc | 0.28 | 212,388 | 8,499,770 | new | |||
| AMT | american tower corp new | 0.49 | 76,564 | 14,882,500 | new | |||
| AMZN | amazon com inc | 4.94 | 783,594 | 151,430,000 | reduced | -4.81 | ||
| BATRA | liberty media corp del | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BBWI | bath & body works inc | 4.26 | 3,339,380 | 130,403,000 | reduced | -1.46 | ||
| CCI | crown castle inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CFLT | confluent inc | 2.43 | 2,522,040 | 74,476,000 | added | 24.1 | ||
| CIEN | ciena corp | 5.65 | 3,592,320 | 173,078,000 | added | 12.59 | ||
| DDOG | datadog inc | 1.94 | 458,684 | 59,486,700 | added | 9.79 | ||
| DKNG | draftkings inc new | 0.27 | 216,141 | 8,250,100 | new | |||
| ESTC | elastic n v | 3.99 | 1,073,480 | 122,280,000 | added | 49.74 | ||
| GOOG | alphabet inc | 3.20 | 537,435 | 97,893,800 | reduced | -39.97 | ||
| HPE | hewlett packard enterprise c | 4.13 | 5,979,280 | 126,581,000 | new | |||
| IOT | samsara inc | 1.62 | 1,473,750 | 49,665,300 | new | |||
| JOBY | joby aviation inc | 0.17 | 1,000,000 | 5,100,000 | unchanged | 0.00 | ||
| LITE | lumentum hldgs inc | 2.19 | 1,315,630 | 66,991,800 | added | 8.26 | ||