Coatue Management, the technology-focused investment firm led by founder and portfolio manager Philippe Laffont, made notable shifts in both position size and allocation between Q4 2024 and Q4 2025. The fund remains heavily concentrated in the information technology, consumer discretionary, and communication sectors.
Coatue considerably expanded its position in Netflix (NFLX) from ~618,735 shares in Q4 2025 to over 10.86M shares in Q4 2025. Lam Research (LRCX) allocation grew 142% Y/Y to 9.81M shares. The fund also added Alphabet (GOOG), increasing its position by 396% Y/Y to 2M shares. Other companies where the fund strengthened its position include Microsoft (MSFT), Spotify (SPOT), DoorDash (DASH), and Broadcom (AVGO).
Among the companies that were newly added to the portfolio in 2025 are Oracle (ORCL), Synopsys (SNPS), Snowflake (SNOW), ARM Holdings (ARM), Rocket Companies (RKT), and others.
On the other hand, Coatue trimmed its position in Tesla (TSLA) by 24% Y/Y to 1.64M shares in Q4 2025. Its Nvidia (NVDA) holdings were cut by 8%, from 10M in Q4 2024 to 9.2M in Q4 2025. The fund also cut its holdings in Amazon by 7% Y/Y to 9.93M shares. Among other names where the manager chopped holdings are Adobe (ADBO), Advanced Micro Devices (AMD), Nu Holdings (NU), Vertiv Holdings (VRT), and PayPal (PYPL).
Top names that the fund completely exited in 2025 are Alibaba (BABA), Zillow Group (ZG), HubSpot (HUBS), DataDog (DDOG), Dell Technologies (DELL), Eli Lilly (LLY), among others.
Check SA quant ratings on Coatue Management’s top 15 holdings:
- Taiwan Semiconductor Manufacturing Company (TSM) – Quant rating: 3.49 out of 5 – Hold
- Microsoft (MSFT) – Quant rating: 3.49 out of 5 – Hold
- Meta Platforms (META) – Quant rating : 3.39 out of 5 – Hold
- Amazon (AMZN) – Quant rating: 3.41 out of 5 – Hold
- GE Vernova (GEV) – Quant rating: 3.46 out of 5 – Hold
- Alphabet (GOOGL) – Quant rating: 3.48 out of 5 – Hold
- Constellation Energy (CEG) – Quant rating: 2.17 out of 5 – Sell
- Broadcom (AVGO) – Quant rating: 3.49 out of 5 – Hold
- Nvidia (NVDA) – Quant rating: 3.49 out of 5 – Hold
- Lam Research (LRXC) – Quant rating: 3.49 out of 5 – Hold
- Applied Materials (AMAT) – Quant rating: 3.49 out of 5 – Hold
- Eaton Corporation (ETN) – Quant rating: 2.83 out of 5 – Hold
- AppLovin (APP) – Quant rating: 3.25 out of 5 – Hold
- Spotify Technology (SPOT) – Quant rating: 3.21 out of 5 – Hold
- Reddit (RDDT) – Quant rating: 3.14 out of 5 – Hold