Smart Money
PL

Philippe Laffont

Coatue Management·growth·Concentrated / activist
Accredited only

~18% since 1999

Portfolio value

$48.6B

Positions

62

Top 5 concentration

38%

New buys this quarter

9

Recent moves vs Mar 2026

$SPCXNew buy6.5%
$INTCNew buy3.5%
$CBRSNew buy3.2%
$FPSNew buy2.4%
$HUTNew buy2.3%
$BAHNew buy0.1%
$AMDNew buy0.1%
$FIXNew buy0.1%
$AGXNew buy0.1%
$MUAdded7.5%
$AMZNAdded5.8%
$AVGOAdded4.5%
$GOOGLAdded3.6%
$EQIXAdded2.7%
$MSFTAdded2.3%
$CVNAAdded0.4%
$LRCXTrimmed8.4%
$AMATTrimmed6.3%
$METATrimmed2.9%
$APPTrimmed1.2%
$ASMLTrimmed1.2%
$NFLXTrimmed0.7%
$GOOGTrimmed0.7%
$ISRGTrimmed0.6%
$VRTTrimmed0.6%
$MTZTrimmed0.4%
$SNPSTrimmed0.3%
$ENPHTrimmed0.2%
$PINSTrimmed0.1%
$PATHTrimmed0%
$BYNDTrimmed0%
$VSold out
$HTZWWSold out
$OLPXSold out
$CHRWSold out
$CHPTSold out
$CHYMSold out
$IBITSold out
$SOLSSold out

Holdings

StockMove% of portfolioValue
$TSM

TAIWAN SEMICONDUCTOR MANUFAC

Held
8.8%
$4.3B
$LRCX

LAM RESEARCH CORP

Trimmed
8.4%
$4.1B
$MU

MICRON TECHNOLOGY INC

Added
7.5%
$3.6B
$SPCX

SPACE EXPLORATION TECHN CORP

New buy
6.5%
$3.2B
$AMAT

APPLIED MATLS INC

Trimmed
6.3%
$3.0B
$GEV

GE VERNOVA INC

Held
6.2%
$3.0B
$AMZN

AMAZON COM INC

Added
5.8%
$2.8B
$AVGO

BROADCOM INC

Added
4.5%
$2.2B
$ETN

EATON CORP PLC

Held
4.4%
$2.1B
$GOOGL

ALPHABET INC

Added
3.6%
$1.7B
$INTC

INTEL CORP

New buy
3.5%
$1.7B
$CBRS

CEREBRAS SYSTEMS INC

New buy
3.2%
$1.5B
$META

META PLATFORMS INC

Trimmed
2.9%
$1.4B
$EQIX

EQUINIX INC

Added
2.7%
$1.3B
$NVDA

NVIDIA CORPORATION

Held
2.5%
$1.2B
$CEG

CONSTELLATION ENERGY CORP

Held
2.4%
$1.2B
$FPS

FORGENT POWER SOLUTIONS INC

New buy
2.4%
$1.1B
$HUT

HUT 8 CORP

New buy
2.3%
$1.1B
$MSFT

MICROSOFT CORP

Added
2.3%
$1.1B
$NTRA

NATERA INC

Held
1.4%
$680M
$APP

APPLOVIN CORP

Trimmed
1.2%
$603M
$SPOT

SPOTIFY TECHNOLOGY S A

Held
1.2%
$602M
$ASML

ASML HLDG NV

Trimmed
1.2%
$588M
$RDDT

REDDIT INC

Held
1%
$484M
$NU

NU HLDGS LTD

Held
0.8%
$392M
$NFLX

NETFLIX INC.

Trimmed
0.7%
$336M
$GOOG

ALPHABET INC

Trimmed
0.7%
$321M
$ISRG

INTUITIVE SURGICAL INC

Trimmed
0.6%
$316M
$FCNCA

FIRST CTZNS BANCSHARES INC D

Held
0.6%
$290M
$VRT

VERTIV HOLDINGS CO

Trimmed
0.6%
$270M
$QCOM

QUALCOMM INC

Held
0.5%
$256M
$CVNA

CARVANA CO

Added
0.4%
$216M
$MTZ

MASTEC INC

Trimmed
0.4%
$215M
$CAI

CARIS LIFE SCIENCES INC

Held
0.4%
$175M
$SNPS

SYNOPSYS INC

Trimmed
0.3%
$142M
$GNRC

GENERAC HLDGS INC

Held
0.2%
$114M
$SFM

SPROUTS FMRS MKT INC

Held
0.2%
$102M
$DASH

DOORDASH INC

Held
0.2%
$97M
$ENPH

ENPHASE ENERGY INC

Trimmed
0.2%
$77M
$BAH

BOOZ ALLEN HAMILTON HLDG COR

New buy
0.1%
$66M
$AMD

ADVANCED MICRO DEVICES INC

New buy
0.1%
$56M
$PYPL

PAYPAL HLDGS INC

Held
0.1%
$54M
$NVAX

NOVAVAX INC

Held
0.1%
$36M
$FIX

COMFORT SYS USA INC

New buy
0.1%
$35M
$QS

QUANTUMSCAPE CORP

Held
0.1%
$32M
$UPST

UPSTART HLDGS INC

Held
0.1%
$31M
$AGX

ARGAN INC

New buy
0.1%
$29M
$TSLA

TESLA INC

Held
0.1%
$25M
$PINS

PINTEREST INC

Trimmed
0.1%
$25M
$TTD

THE TRADE DESK INC

Held
0.1%
$25M
$Z

ZILLOW GROUP INC

Held
0%
$23M
$ABR

ARBOR REALTY TRUST INC

Held
0%
$23M
$PATH

UIPATH INC

Trimmed
0%
$21M
$RNG

RINGCENTRAL INC

Held
0%
$16M
$PTON

PELOTON INTERACTIVE INC

Held
0%
$15M
$ZG

ZILLOW GROUP INC

Held
0%
$10M
$PLUG

PLUG PWR INC

Held
0%
$7M
$SFIX

STITCH FIX INC

Held
0%
$3M
$LCID

LUCID GROUP INC

Held
0%
$2M
$AMC

AMC ENTMT HLDGS INC

Held
0%
$433K
$HTZ

HERTZ GLOBAL HLDGS INC

Held
0%
$242K
$BYND

BEYOND MEAT INC

Trimmed
0%
$225K

Notable sell-outs this quarter: $V, $HTZWW, $OLPX, $CHRW, $CHPT, $CHYM, $IBIT, $SOLS

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