Great investors · Philippe Laffont · Q1 2026
What Philippe Laffont bought and sold in Q1 2026
Coatue Management 13F portfolio as of Mar 31, 2026: 62 positions worth $29.1 bn. Largest: TSM, GEV, LRCX, AMAT. Filed with the SEC on May 15, 2026.
The 13F is filed by Coatue Management, not by Philippe Laffont personally: these are the whole firm's positions. A “position” is a distinct security in the filing (by CUSIP); share classes of the same company are shown added together.
Buys in Q1 2026
- NewEquinixEQIX+2.7 pp
- NewASML HoldingASML+1.6 pp
- IncreasedTaiwan Semiconductor ManufacturingTSM+0.6 pp
- NewVisaV+0.5 pp
Sells in Q1 2026
- ReducedMicrosoftMSFT−2.5 pp
- Sold outOracleORCL−2.2 pp
- ReducedAlphabetGOOGL−2.5 pp
- ReducedGE VernovaGEV−1.7 pp
- ReducedTeslaTSLA−1.5 pp
- ReducedDoorDashDASH−1.4 pp
- ReducedMeta PlatformsMETA−1.4 pp
- ReducedSpotify TechnologySPOT−1.4 pp
- Sold outSnowflakeSNOW−1.4 pp
- ReducedNVIDIANVDA−1.3 pp
- ReducedAmazon.comAMZN−1.0 pp
- ReducedCarvanaCVNA−1.0 pp
27 companies with material moves, out of 71 positions with a change. Only moves of 0.5 points of the portfolio or more are listed, measured as “traded weight” (what was bought or sold, excluding price effects). Smaller changes exist and are not listed: a position may have gone up or down without appearing above.
The full 13F, line by line
Coatue Management's Q1 2026 13F lists 62 lines of US-listed securities worth $29.1 bn; the largest is TSM at 10.8% of the portfolio. It was accepted by the SEC on May 15, 2026 at 4:31 PM ET.
Against the previous quarter, it opened 26 positions (EQIX, ASML, V and QCOM and 22 more), closed 16 (ORCL, SNOW, ADBE and AMD and 12 more), added to 8 (TSM, SFM, CHRW and LRCX and 4 more) and trimmed 21 (GEV, MSFT, GOOGL and META and 17 more). 7 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing TSM | 9.3 M | $3.1 bn | 10.8% | +7.6% |
| 2 | GE Vernova GEV | 2.6 M | $2.2 bn | 7.73% | −24% |
| 3 | Lam Research LRCX | 10.0 M | $2.1 bn | 7.39% | +2.4% |
| 4 | Applied Materials AMAT | 5.2 M | $1.8 bn | 6.17% | −12% |
| 5 | Broadcom AVGO | 5.5 M | $1.7 bn | 5.86% | no change |
| 6 | Eaton ETN | 4.7 M | $1.7 bn | 5.85% | no change |
| 7 | Amazon.com AMZN | 7.9 M | $1.7 bn | 5.68% | −20% |
| 8 | Meta Platforms META | 2.8 M | $1.6 bn | 5.54% | −26% |
| 9 | Constellation Energy CEG | 4.6 M | $1.3 bn | 4.45% | −22% |
| 10 | Alphabet GOOGL | 4.3 M | $1.2 bn | 4.27% | −37% |
| 11 | NVIDIA NVDA | 6.3 M | $1.1 bn | 3.80% | −31% |
| 12 | Equinix EQIX | 1.1 M | $1.1 bn | 3.68% | new |
| 13 | Microsoft MSFT | 2.5 M | $918M | 3.16% | −52% |
| 14 | Netflix NFLX | 6.9 M | $663M | 2.28% | −37% |
| 15 | ASML Holding ASML | 496,234 | $655M | 2.26% | new |
| 16 | Spotify Technology SPOT | 1.3 M | $641M | 2.20% | −46% |
| 17 | AppLovin APP | 1.3 M | $513M | 1.77% | −41% |
| 18 | Natera NTRA | 2.5 M | $508M | 1.75% | −3.5% |
| 19 | Nu Holdings NU | 29.3 M | $422M | 1.45% | −36% |
| 20 | Intuitive Surgical ISRG | 855,225 | $394M | 1.36% | +5.9% |
| 21 | Reddit RDDT | 2.8 M | $376M | 1.29% | −50% |
| 22 | Alphabet GOOG | 1.1 M | $320M | 1.10% | −44% |
| 23 | Synopsys SNPS | 761,760 | $302M | 1.04% | −54% |
| 24 | First Citizens Bancshares FCNCA | 139,498 | $263M | 0.90% | no change |
| 25 | Vertiv Holdings VRT | 981,633 | $246M | 0.85% | +18% |
| 26 | Visa V | 718,753 | $217M | 0.75% | new |
| 27 | Carvana CVNA | 681,000 | $214M | 0.74% | −65% |
| 28 | Chime Financial CHYM | 10.1 M | $189M | 0.65% | no change |
| 29 | MasTec MTZ | 583,597 | $188M | 0.65% | −14% |
| 30 | Qualcomm QCOM | 1.4 M | $179M | 0.61% | new |
| 31 | Caris Life Sciences CAI | 9.8 M | $176M | 0.60% | no change |
| 32 | Solstice Advanced Materials SOLS | 1.7 M | $126M | 0.43% | new |
| 33 | C.h. Robinson Worldwide CHRW | 573,010 | $95.2M | 0.33% | +68% |
| 34 | Sprouts Farmers Market SFM | 1.2 M | $92.8M | 0.32% | +100% |
| 35 | DoorDash DASH | 551,808 | $82.9M | 0.29% | −87% |
| 36 | Generac Holdings GNRC | 390,513 | $76.3M | 0.26% | +5.8% |
| 37 | Enphase Energy ENPH | 1.6 M | $62.3M | 0.21% | new |
| 38 | PayPal Holdings PYPL | 1.2 M | $56.2M | 0.19% | −27% |
| 39 | Micron Technology MU | 165,931 | $56.1M | 0.19% | new |
| 40 | Arbor Realty Trust ABR | 4.2 M | $32.4M | 0.11% | new |
| 41 | Trade Desk TTD | 1.4 M | $31.5M | 0.11% | new |
| 42 | Novavax NVAX | 3.8 M | $31.2M | 0.11% | new |
| 43 | Pinterest PINS | 1.7 M | $30.8M | 0.11% | new |
| 44 | Zillow Group Z | 739,700 | $30.6M | 0.11% | new |
| 45 | Quantumscape QS | 4.3 M | $27.4M | 0.09% | +16% |
| 46 | UiPath PATH | 2.3 M | $25.2M | 0.09% | new |
| 47 | Upstart Holdings UPST | 870,947 | $22.3M | 0.08% | new |
| 48 | Tesla TSLA | 58,838 | $21.9M | 0.08% | −96% |
| 49 | Medical Properties Trust MPT | 4.5 M | $21.0M | 0.07% | no change |
| 50 | RingCentral RNG | 411,351 | $15.3M | 0.05% | new |
| 51 | Zillow Group ZG | 328,189 | $13.6M | 0.05% | new |
| 52 | Peloton Interactive PTON | 2.5 M | $10.7M | 0.04% | new |
| 53 | PLUG Power PLUG | 2.5 M | $5.8M | 0.02% | new |
| 54 | Lucid Group LCID | 295,393 | $2.8M | 0.01% | new |
| 55 | Ishares Bitcoin Trust ETF IBIT | 67,226 | $2.6M | 0.01% | no change |
| 56 | Olaplex Holdings | 1.3 M | $2.6M | 0.01% | new |
| 57 | Stitch FIX SFIX | 735,373 | $2.4M | 0.01% | new |
| 58 | Hertz Global Holdings HTZWW | 468,814 | $1.1M | 0.00% | new |
| 59 | ChargePoint Holdings CHPT | 154,086 | $749K | 0.00% | new |
| 60 | Hertz Global Holdings HTZ | 106,823 | $492K | 0.00% | new |
| 61 | Beyond Meat BYND | 343,393 | $241K | 0.00% | new |
| 62 | AMC Entertainment Holdings AMC | 228,136 | $224K | 0.00% | new |
Positions it closed (16)
- Oracle ORCLwas 2.17% · 4.4 M shares
- Snowflake SNOWwas 1.36% · 2.5 M shares
- Adobe ADBEwas 0.77% · 874,150 shares
- Advanced Micro Devices AMDwas 0.66% · 1.2 M shares
- ARM Holdings ARMwas 0.63% · 2.3 M shares
- Marvell Technology MRVLwas 0.44% · 2.1 M shares
- Rocket Companies RKTwas 0.33% · 6.7 M shares
- AXON Enterprise AXONwas 0.22% · 155,387 shares
- Infosys INFYwas 0.20% · 4.6 M shares
- Expeditors International of Washington EXPDwas 0.14% · 365,987 shares
- Chagee Holdings CHAwas 0.09% · 3.2 M shares
- S&P Global SPGIwas 0.08% · 63,451 shares
- Moody's MCOwas 0.08% · 64,260 shares
- Navan NAVNwas 0.03% · 599,280 shares
- Moderna MRNAwas 0.01% · 200,000 shares
- Webull BULLwas 0.00% · 74,334 shares
One row per line of the filing (by CUSIP): share classes of the same company are listed separately here. “Change in shares” compares the count with the previous quarter, split-adjusted; the value is the one reported in the 13F at quarter end, not today's price.
Original documents: Coatue Management's 13F filings on EDGAR (SEC) ↗
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Source: 13F filings with the SEC. A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions. Not investment advice.