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COATUE MANAGEMENT LLC

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NEW YORK NY Investment Advisor Hedge Fund
13F Summary

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Equal-WT
WhaleScore 2.0 ?

85

S&P 500
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Coatue Management is based out of New York. Coatue Management is a hedge fund with 117 clients and discretionary assets under management (AUM) of $58,576,877,059 (Form ADV from 2024-05-21). Their last reported 13F filing for Q2 2024 included $25,688,066,436 in managed 13F securities and a top 10 holdings concentration of 58.24%. Coatue Management's largest holding is Meta Platforms Inc with shares held of 4,182,327. Whalewisdom has at least 90 13F filings, 2 13D filings, and 59 13G filings
Business Description
Coatue Management engages Advisors to provide services to its clients, including investment identification, assessment, and management. These Advisors can specialize in various areas such as macroeconomic factors, general market conditions, specific sectors, and industries. The terms of engagement, including compensation, are agreed upon between Coatue Management and the Advisor at the time of engagement and vary depending on the services provided. Coatue Management allocates the fees and expenses associated with these Advisors to the clients who benefit from their services. Even if an Advisor's services are not utilized during the entire engagement period, the fees are still allocated to the clients. Some Advisors also provide direct assistance and advice to portfolio companies of clients, helping with strategic planning or go-to-market strategies. Coatue Management periodically assesses the benefits of these services to clients and determines whether the fees should be allocated to one or more clients based on the use of the Advisor or Research Provider during the contract term.
Investment Strategy
Coatue Management employs two primary investment strategies: the Hedge Fund Strategy and the Tactical Solutions Strategy. The Hedge Fund Strategy, implemented through the Flagship Fund and related vehicles, focuses on mid to late-stage private company investments. The Tactical Solutions Strategy, managed by the Tactical Solutions Fund and related vehicles, pursues investments on a pari passu basis. Coatue Management prioritizes investment opportunities for the Flagship Fund and the Tactical Solutions Fund, considering the investment mandate of each fund and allocating investments based on specific factors. The firm also manages investments for clients with diverse investment objectives and strategies, including those focused on public or private markets, with varying investment parameters and guidelines.
Owners
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2024-06-30

Top Buys (13F)

2024-06-30

Top Sells (13F)

Name % Change
CRM Salesforce.com Inc. 3.64%
CART Maplebear Inc. 1.5%
NFLX Netflix Inc 0.91%
AMD Advanced Micro Devic 0.84%
DOCU DocuSign Inc 0.76%

2024-06-30

13F Holdings Summary

Name $ Change
META Meta Platforms Inc 8.21%
AMZN Amazon.com Inc. 8.1%
TSM Taiwan Semiconductor 7.71%
NVDA NVIDIA Corp. 6.61%
MSFT Microsoft Corp. 6.44%

2024-06-30

13F Activity

Market Value $25.7b, Prior: $25.5b
Inflows (Outflows) as % of Total MV (-13.5936)%
New Purchases 6 stocks
Added To 21 stocks
Sold out of 23 stocks
Reduced holdings in 30 stocks
Top 10 Holdings % 58.24%
Turnover %[1] 29.9%
Turnover Alt %[2] 12.41%
Time Held Top 20 6.2 quarters
Time Held Top 10 3.7 quarters
Time Held All 9.76 quarters

[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.

[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2024-06-30

13F Sector Allocation Over Time

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2024-06-30

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30

Portfolio Performance