Atreides Management, LP
CIK 1777813 · View on SEC EDGAR ↗
- Portfolio value
- $14.3B
- Positions
- 49
- As of
- June 30, 2026
#385 of 9,443 by 13F value · top 4.1%
Portfolio value QoQ: +186.6% 13F does not disclose cash
- Top 10 holdings weight
- 76.98%
- Top 25 holdings weight
- 93.36%
- Positions above 1%
- 18
- Effective number of positions
- 6.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 25.06% Est. buys $8,615,585,622 · sells $2,423,353,585
Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 40.2% still held
- New positions
- 15
- Increased
- 27
- Decreased
- 7
- Closed
- 18
Put-notional exposure: 16.4% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +77.2% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 25.4%
Sector breakdown
Technology
26.1%
Communication Services
7.5%
Industrials
3.5%
Retail
2.9%
Communications
2.6%
Financial Services
1.1%
Consumer Discretionary
0.6%
Real Estate
0.5%
Healthcare
0.2%
Other/Unmapped
55.0%
Full portfolio 49 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| Unknown issuer (CUSIP: 84615Q103) | $4,670,106,641 | 32.58% | 27,332,943 | Up ×1 | |||
| QQQ Invesco QQQ Trust, Series 1 | $2,356,480,000 | 16.44% | 3,200,000 | Put option | $1,548,428,000 | Up ×1 | |
| MU Micron Technology, Inc. - Common Stock | $821,120,352 | 5.73% | 711,364 | $564,218,032 | Down ×1 | ||
| Unknown issuer (CUSIP: 15675D103) | $687,329,006 | 4.79% | 3,110,086 | Up ×1 | |||
| META Meta Platforms, Inc. - Class A Common Stock | $675,948,000 | 4.72% | 1,200,000 | Call option | Up ×1 | ||
| ALAB Astera Labs, Inc. - Common Stock | $587,736,321 | 4.10% | 1,216,795 | $218,846,066 | Down ×1 | ||
| CIEN Ciena Corporation Common Stock | $337,760,862 | 2.36% | 688,521 | $75,004,080 | Up ×1 | ||
| CRDO Credo Technology Group Holding Ltd - Ordinary Shares | $307,109,056 | 2.14% | 1,129,285 | $204,675,014 | Up ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $299,058,853 | 2.09% | 876,954 | $208,991,558 | Up ×1 | ||
| U Unity Software Inc. Common Stock | $292,825,507 | 2.04% | 10,245,819 | $21,091,542 | Down ×1 | ||
| COHR Coherent Corp. Common Stock | $253,289,581 | 1.77% | 642,101 | $102,941,196 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $249,970,636 | 1.74% | 1,249,291 | $32,216,191 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $231,101,376 | 1.61% | 969,629 | $32,503,435 | Up ×3 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $226,876,313 | 1.58% | 402,770 | ||||
| CRWV CoreWeave, Inc. - Class A Common Stock | $211,507,071 | 1.48% | 2,124,845 | $148,714,925 | Up ×3 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $174,502,342 | 1.22% | 488,296 | $14,899,928 | Down ×1 | ||
| Unknown issuer (CUSIP: 15675D103) | $154,700,000 | 1.08% | 700,000 | Call option | Up ×1 | ||
| TWLO Twilio Inc. Class A Common Stock | $148,627,340 | 1.04% | 720,338 | $32,671,376 | Down ×1 | ||
| APH Amphenol Corporation Common Stock | $112,856,966 | 0.79% | 640,069 | Up ×1 | |||
| AKAM Akamai Technologies, Inc. - Common Stock | $107,640,016 | 0.75% | 910,583 | $29,216,187 | Up ×1 | ||
| AFRM Affirm Holdings, Inc. - Class A Common Stock | $103,817,228 | 0.72% | 1,273,050 | $49,075,570 | Up ×1 | ||
| GTLB GitLab Inc. - Class A Common Stock | $102,982,850 | 0.72% | 3,373,169 | ||||
| INTC Intel Corporation - Common Stock | $92,686,673 | 0.65% | 663,802 | $63,834,832 | Up ×2 | ||
| SMTC Semtech Corporation - Common Stock | $89,213,986 | 0.62% | 551,214 | $47,554,061 | Up ×1 | ||
| CIFR Cipher Mining Inc. - Common Stock | $87,867,021 | 0.61% | 3,586,409 | Up ×1 | |||
| TSLA Tesla, Inc. - Common Stock | $85,918,065 | 0.60% | 204,275 | $11,272,524 | Up ×2 | ||
| DKS Dick's Sporting Goods Inc Common Stock | $85,080,514 | 0.59% | 375,118 | $-4,651,858 | Down ×2 | ||
| W Wayfair Inc. Class A Common Stock | $77,989,541 | 0.54% | 843,860 | $-29,635,743 | Down ×1 | ||
| AMBQ Ambiq Micro, Inc. Common Stock | $77,449,961 | 0.54% | 877,123 | $55,542,094 | Up ×3 | ||
| IOT Samsara Inc. Class A Common Stock | $74,869,487 | 0.52% | 2,308,649 | ||||
| ACVA ACV Auctions Inc. Class A Common Stock | $71,204,288 | 0.50% | 9,903,239 | $29,930,148 | Up ×1 | ||
| COMP Compass, Inc. Class A Common Stock | $69,768,331 | 0.49% | 5,658,421 | $29,110,126 | Up ×1 | ||
| WIX Wix.com Ltd. - Ordinary Shares | $66,170,239 | 0.46% | 1,458,458 | $7,587,450 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $48,087,854 | 0.34% | 93,629 | $23,302,719 | Up ×3 | ||
| PDFS PDF Solutions, Inc. - Common Stock | $46,617,763 | 0.33% | 658,536 | Up ×1 | |||
| TTAN ServiceTitan, Inc. - Class A Common Stock | $38,331,325 | 0.27% | 542,092 | ||||
| FERG Ferguson Enterprises Inc. Common Stock | $35,067,643 | 0.24% | 147,759 | $928,876 | Up ×1 | ||
| NOK Nokia Corporation Sponsored American Depositary Shares | $33,531,655 | 0.23% | 2,524,974 | $13,576,801 | Up ×1 | ||
| ROG Rogers Corporation Common Stock | $30,995,890 | 0.22% | 189,311 | $11,023,387 | Up ×3 | ||
| NTRA Natera, Inc. - Common Stock | $28,335,308 | 0.20% | 104,385 | Up ×1 | |||
| WRBY Warby Parker Inc. Class A Common Stock | $21,204,717 | 0.15% | 698,903 | $6,729,732 | Up ×2 | ||
| VECO Veeco Instruments Inc. - Common Stock | $18,034,260 | 0.13% | 237,919 | $10,113,627 | Up ×1 | ||
| NBIS Nebius Group N.V. - Class A Ordinary Shares | $17,709,401 | 0.12% | 64,125 | $11,165,465 | Up ×1 | ||
| Unknown issuer (CUSIP: N52A8C105) | $13,790,927 | 0.10% | 348,696 | Up ×1 | |||
| EQPT EquipmentShare.com Inc - Class A Common Stock | $4,268,795 | 0.03% | 217,131 | $-78,794 | Up ×1 | ||
| TBLA Taboola.com Ltd. - Ordinary Shares | $4,175,130 | 0.03% | 835,026 | $1,630,659 | Up ×3 | ||
| Unknown issuer (CUSIP: 74768A104) | $3,257,584 | 0.02% | 39,853 | Up ×1 | |||
| Unknown issuer (CUSIP: 31556C106) | $291,102 | 0.00% | 9,959 | Up ×1 | |||
| BTGO BitGo Holdings, Inc. Class A Common Stock | $153,385 | 0.00% | 29,611 | $-86,157 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 84615Q103) | $4,670,106,641 | 27,332,943 | 32.58% |
| Unknown issuer (CUSIP: 15675D103) | $687,329,006 | 3,110,086 | 4.79% |
| META | $675,948,000 | 1,200,000 | 4.72% |
| META | $226,876,313 | 402,770 | 1.58% |
| Unknown issuer (CUSIP: 15675D103) | $154,700,000 | 700,000 | 1.08% |
| APH | $112,856,966 | 640,069 | 0.79% |
| GTLB | $102,982,850 | 3,373,169 | 0.72% |
| CIFR | $87,867,021 | 3,586,409 | 0.61% |
| IOT | $74,869,487 | 2,308,649 | 0.52% |
| PDFS | $46,617,763 | 658,536 | 0.33% |
| TTAN | $38,331,325 | 542,092 | 0.27% |
| NTRA | $28,335,308 | 104,385 | 0.20% |
| Unknown issuer (CUSIP: N52A8C105) | $13,790,927 | 348,696 | 0.10% |
| Unknown issuer (CUSIP: 74768A104) | $3,257,584 | 39,853 | 0.02% |
| Unknown issuer (CUSIP: 31556C106) | $291,102 | 9,959 | 0.00% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| QQQ | Bought more | +1.8M | +$1.5B |
| MU | Trimmed | -49K | +$564.2M |
| ALAB | Trimmed | -2.1M | +$218.8M |
| PANW | Bought more | +315K | +$209.0M |
| CRDO | Bought more | +38K | +$204.7M |
| CRWV | Bought more | +1.3M | +$148.7M |
| COHR | Bought more | +11K | +$102.9M |
| CIEN | Bought more | +12K | +$75.0M |
| INTC | Bought more | +10K | +$63.8M |
| AMBQ | Bought more | +15K | +$55.5M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| QQQ | March 31, 2025 | 2,700,000 | $1,380,321,000 | |
| PSTG | March 31, 2026 | 5,677,675 | $380,461,002 | No longer tracked |
| SMH | June 30, 2025 | 1,000,000 | $211,470,000 | 100.7% |
| LITE | June 30, 2026 | 267,389 | $187,910,294 | -4.4% |
| MSFT | June 30, 2025 | 420,136 | $157,714,853 | -2.9% |
| GTLB | March 31, 2026 | 4,177,083 | $156,765,925 | 93.9% |
| ADBE | March 31, 2025 | 311,053 | $138,319,048 | -28.6% |
| RBLX | June 30, 2026 | 2,383,703 | $134,822,242 | -30.4% |
| DECK | Dec. 31, 2025 | 1,250,516 | $126,764,807 | -13.5% |
| SATS | June 30, 2026 | 1,000,346 | $117,110,506 | No longer tracked |
| HUBS | Dec. 31, 2025 | 243,434 | $113,878,425 | -40.1% |
| RH | June 30, 2025 | 473,321 | $110,951,176 | -13.8% |
| ZM | June 30, 2026 | 1,315,605 | $105,761,486 | 24.9% |
| AVGO | March 31, 2025 | 452,645 | $104,941,217 | 117.5% |
| INTU | Dec. 31, 2025 | 135,178 | $92,314,408 | -45.4% |
| SBUX | March 31, 2025 | 976,908 | $89,142,855 | 7.4% |
| MSFT | March 31, 2026 | 181,468 | $87,761,554 | 30.5% |
| RKT | June 30, 2026 | 6,114,947 | $87,137,995 | -10.4% |
| TTAN | March 31, 2026 | 792,433 | $84,394,115 | 51.0% |
| MRVL | Dec. 31, 2025 | 1,000,000 | $84,070,000 | 186.2% |
| ULTA | June 30, 2025 | 217,541 | $79,737,478 | 12.0% |
| VST | June 30, 2026 | 523,788 | $78,741,050 | -11.5% |
| CFLT | Sept. 30, 2025 | 3,012,215 | $75,094,520 | No longer tracked |
| ELF | Dec. 31, 2025 | 538,348 | $71,320,343 | 33.4% |
| SNPS | June 30, 2025 | 152,488 | $65,394,479 | -22.5% |
| FSLR | Sept. 30, 2025 | 393,464 | $65,134,031 | 0.0% |
| PM | March 31, 2026 | 405,759 | $65,083,744 | 15.5% |
| TEAM | March 31, 2026 | 398,230 | $64,569,012 | 157.5% |
| XYZ | March 31, 2025 | 728,208 | $61,890,398 | 48.9% |
| CHTR | March 31, 2025 | 177,228 | $60,748,442 | -58.5% |
| HUBS | June 30, 2026 | 232,115 | $56,659,272 | 31.7% |
| AMD | Dec. 31, 2025 | 339,358 | $54,904,731 | 117.6% |
| NU | March 31, 2026 | 3,272,998 | $54,789,987 | 1.0% |
| SNPS | June 30, 2026 | 136,925 | $54,288,024 | -10.9% |
| META | Dec. 31, 2025 | 66,093 | $48,537,377 | -17.2% |
| RL | June 30, 2026 | 128,837 | $44,318,640 | -7.3% |
| ESTC | June 30, 2025 | 493,598 | $43,979,582 | 4.3% |
| AXON | June 30, 2026 | 102,095 | $43,358,726 | 13.0% |
| WING | June 30, 2026 | 270,303 | $41,888,856 | -30.9% |
| NKE | March 31, 2025 | 537,462 | $40,669,750 | -36.1% |
| NU | March 31, 2025 | 3,810,102 | $39,472,657 | 41.8% |
| AZO | March 31, 2026 | 11,620 | $39,409,230 | -11.1% |
| VRNS | Dec. 31, 2025 | 658,415 | $37,839,110 | 27.5% |
| SE | March 31, 2026 | 275,439 | $35,137,753 | 42.0% |
| S | Sept. 30, 2025 | 1,902,821 | $34,783,568 | 20.3% |
| MDB | June 30, 2025 | 184,907 | $32,432,688 | 102.6% |
| LSCC | March 31, 2025 | 560,997 | $31,780,480 | 124.2% |
| NTNX | March 31, 2025 | 506,147 | $30,966,073 | -4.9% |
| NCLH | June 30, 2025 | 1,623,483 | $30,781,238 | -17.0% |
| CHYM | June 30, 2026 | 1,622,734 | $30,393,808 | 64.2% |
| AMSC | March 31, 2026 | 1,044,193 | $30,051,875 | -8.2% |
| AVAV | June 30, 2026 | 161,675 | $29,594,609 | 0.7% |
| RBRK | June 30, 2026 | 566,454 | $27,739,252 | 24.6% |
| IOT | Dec. 31, 2025 | 711,215 | $26,492,759 | 11.8% |
| FROG | June 30, 2026 | 554,987 | $26,045,540 | -0.1% |
| GNRC | March 31, 2026 | 182,765 | $24,923,663 | 6.7% |
| NXT | March 31, 2025 | 633,674 | $23,148,111 | 113.8% |
| SNOW | June 30, 2026 | 144,818 | $21,841,451 | 26.1% |
| V | June 30, 2026 | 71,641 | $21,652,776 | 7.1% |
| GFS | June 30, 2026 | 474,593 | $21,109,897 | -41.5% |
| SNPS | Dec. 31, 2025 | 38,876 | $19,181,030 | -15.4% |
| FIVN | Dec. 31, 2025 | 735,151 | $17,790,654 | 63.5% |
| BLDR | Dec. 31, 2025 | 137,154 | $16,629,923 | -31.7% |
| GFS | March 31, 2025 | 365,101 | $15,666,484 | 30.5% |
| RDDT | June 30, 2025 | 146,363 | $15,353,479 | -1.5% |
| ASML | June 30, 2025 | 19,657 | $13,025,318 | 118.8% |
| APP | Dec. 31, 2025 | 17,378 | $12,486,788 | -53.0% |
| JOBY | Dec. 31, 2025 | 769,407 | $12,418,229 | -41.5% |
| PFGC | March 31, 2026 | 125,901 | $11,321,018 | 21.4% |
| Z | Dec. 31, 2025 | 118,098 | $9,099,451 | -47.2% |
| MELI | March 31, 2026 | 4,501 | $9,066,184 | 10.9% |
| BBWI | June 30, 2025 | 298,000 | $9,035,360 | -34.3% |
| LRCX | March 31, 2025 | 89,680 | $6,477,586 | 322.9% |
| CIEN | March 31, 2025 | 74,952 | $6,356,679 | 549.1% |
| GEMI | Dec. 31, 2025 | 70,000 | $1,677,200 | -58.7% |
| SONDQ | Dec. 31, 2025 | 960,533 | $1,219,877 | No longer tracked |
| VOYG | Sept. 30, 2025 | 10,000 | $392,500 | 26.8% |
| CHYM | Sept. 30, 2025 | 10,000 | $345,100 | 66.7% |