Smart Money
PL

Philippe Laffont

Coatue Management·growth·Concentrated / activist
Accredited only

~18% since 1999

Portfolio value

$29.0B

Positions

61

Top 5 concentration

38%

New buys this quarter

26

Recent moves vs Dec 2025

$EQIXNew buy3.7%
$ASMLNew buy2.3%
$VNew buy0.7%
$QCOMNew buy0.6%
$SOLSNew buy0.4%
$ENPHNew buy0.2%
$MUNew buy0.2%
$ABRNew buy0.1%
$TTDNew buy0.1%
$NVAXNew buy0.1%
$PINSNew buy0.1%
$ZNew buy0.1%
$PATHNew buy0.1%
$UPSTNew buy0.1%
$RNGNew buy0.1%
$ZGNew buy0%
$PTONNew buy0%
$PLUGNew buy0%
$LCIDNew buy0%
$OLPXNew buy0%
$SFIXNew buy0%
$HTZWWNew buy0%
$CHPTNew buy0%
$HTZNew buy0%
$BYNDNew buy0%
$AMCNew buy0%
$TSMTrimmed10.8%
$GEVTrimmed7.7%
$LRCXTrimmed7.4%
$AMATTrimmed6.2%
$AVGOTrimmed5.9%
$ETNTrimmed5.8%
$AMZNTrimmed5.7%
$METATrimmed5.5%
$CEGTrimmed4.5%
$GOOGLTrimmed4.3%
$NVDATrimmed3.8%
$MSFTTrimmed3.2%
$NFLXTrimmed2.3%
$SPOTTrimmed2.2%
$APPTrimmed1.8%
$NTRATrimmed1.8%
$NUTrimmed1.5%
$ISRGTrimmed1.4%
$RDDTTrimmed1.3%
$GOOGTrimmed1.1%
$SNPSTrimmed1%
$FCNCATrimmed0.9%
$VRTTrimmed0.8%
$CVNATrimmed0.7%
$CHYMTrimmed0.6%
$MTZTrimmed0.6%
$CAITrimmed0.6%
$CHRWTrimmed0.3%
$DASHTrimmed0.3%
$GNRCTrimmed0.3%
$PYPLTrimmed0.2%
$QSTrimmed0.1%
$TSLATrimmed0.1%
$IBITTrimmed0%
$INFYSold out
$MRVLSold out
$MCOSold out
$NAVNSold out
$SNOWSold out
$ADBESold out
$AMDSold out
$ARMSold out
$AXONSold out
$CHASold out
$MPWSold out
$MRNASold out
$ORCLSold out
$RKTSold out
$SPGISold out
$BULLSold out
$EXPDSold out

Holdings

StockMove% of portfolioValue
$TSM

TAIWAN SEMICONDUCTOR MANUFAC

Trimmed
10.8%
$3.1B
$GEV

GE VERNOVA INC

Trimmed
7.7%
$2.2B
$LRCX

LAM RESEARCH CORP

Trimmed
7.4%
$2.1B
$AMAT

APPLIED MATLS INC

Trimmed
6.2%
$1.8B
$AVGO

BROADCOM INC

Trimmed
5.9%
$1.7B
$ETN

EATON CORP PLC

Trimmed
5.8%
$1.7B
$AMZN

AMAZON COM INC

Trimmed
5.7%
$1.7B
$META

META PLATFORMS INC

Trimmed
5.5%
$1.6B
$CEG

CONSTELLATION ENERGY CORP

Trimmed
4.5%
$1.3B
$GOOGL

ALPHABET INC

Trimmed
4.3%
$1.2B
$NVDA

NVIDIA CORPORATION

Trimmed
3.8%
$1.1B
$EQIX

EQUINIX INC

New buy
3.7%
$1.1B
$MSFT

MICROSOFT CORP

Trimmed
3.2%
$918M
$NFLX

NETFLIX INC.

Trimmed
2.3%
$663M
$ASML

ASML HLDG NV

New buy
2.3%
$655M
$SPOT

SPOTIFY TECHNOLOGY S A

Trimmed
2.2%
$641M
$APP

APPLOVIN CORP

Trimmed
1.8%
$513M
$NTRA

NATERA INC

Trimmed
1.8%
$508M
$NU

NU HLDGS LTD

Trimmed
1.5%
$422M
$ISRG

INTUITIVE SURGICAL INC

Trimmed
1.4%
$394M
$RDDT

REDDIT INC

Trimmed
1.3%
$376M
$GOOG

ALPHABET INC

Trimmed
1.1%
$320M
$SNPS

SYNOPSYS INC

Trimmed
1%
$302M
$FCNCA

FIRST CTZNS BANCSHARES INC D

Trimmed
0.9%
$263M
$VRT

VERTIV HOLDINGS CO

Trimmed
0.8%
$246M
$V

VISA INC

New buy
0.7%
$217M
$CVNA

CARVANA CO

Trimmed
0.7%
$214M
$CHYM

CHIME FINL INC

Trimmed
0.6%
$189M
$MTZ

MASTEC INC

Trimmed
0.6%
$188M
$QCOM

QUALCOMM INC

New buy
0.6%
$179M
$CAI

CARIS LIFE SCIENCES INC

Trimmed
0.6%
$176M
$SOLS

SOLSTICE ADVANCED MATLS INC

New buy
0.4%
$126M
$CHRW

C H ROBINSON WORLDWIDE IN

Trimmed
0.3%
$95M
$SFM

SPROUTS FMRS MKT INC

Held
0.3%
$93M
$DASH

DOORDASH INC

Trimmed
0.3%
$83M
$GNRC

GENERAC HLDGS INC

Trimmed
0.3%
$76M
$ENPH

ENPHASE ENERGY INC

New buy
0.2%
$62M
$PYPL

PAYPAL HLDGS INC

Trimmed
0.2%
$56M
$MU

MICRON TECHNOLOGY INC

New buy
0.2%
$56M
$ABR

ARBOR REALTY TRUST INC

New buy
0.1%
$32M
$TTD

THE TRADE DESK INC

New buy
0.1%
$31M
$NVAX

NOVAVAX INC

New buy
0.1%
$31M
$PINS

PINTEREST INC

New buy
0.1%
$31M
$Z

ZILLOW GROUP INC

New buy
0.1%
$31M
$QS

QUANTUMSCAPE CORP

Trimmed
0.1%
$27M
$PATH

UIPATH INC

New buy
0.1%
$25M
$UPST

UPSTART HLDGS INC

New buy
0.1%
$22M
$TSLA

TESLA INC

Trimmed
0.1%
$22M
$RNG

RINGCENTRAL INC

New buy
0.1%
$15M
$ZG

ZILLOW GROUP INC

New buy
0%
$14M
$PTON

PELOTON INTERACTIVE INC

New buy
0%
$11M
$PLUG

PLUG PWR INC

New buy
0%
$6M
$LCID

LUCID GROUP INC

New buy
0%
$3M
$IBIT

ISHARES BITCOIN TRUST ETF

Trimmed
0%
$3M
$OLPX

OLAPLEX HLDGS INC

New buy
0%
$3M
$SFIX

STITCH FIX INC

New buy
0%
$2M
$HTZWW

HERTZ GLOBAL HLDGS INC

New buy
0%
$1M
$CHPT

CHARGEPOINT HOLDINGS INC

New buy
0%
$749K
$HTZ

HERTZ GLOBAL HLDGS INC

New buy
0%
$492K
$BYND

BEYOND MEAT INC

New buy
0%
$241K
$AMC

AMC ENTMT HLDGS INC

New buy
0%
$224K

Notable sell-outs this quarter: $INFY, $MRVL, $MCO, $NAVN, $SNOW, $ADBE, $AMD, $ARM, $AXON, $CHA, $MPW, $MRNA, $ORCL, $RKT, $SPGI, $BULL, $EXPD

Source: SEC 13F via FMP · Mar 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.