Atreides Management, L.P. 13F annual report
Atreides Management, L.P. is an investment fund managing more than $2.41 billion ran by Laura Malone. There are currently 38 companies in Mrs. Malone’s portfolio. The largest investments include Amazon.com and Meta Platforms Inc, together worth $549 million.
$2.41 billion Assets Under Management (AUM)
As of 8th August 2022, Atreides Management, L.P.’s top holding is 2,953,877 shares of Amazon.com currently worth over $314 million and making up 13.0% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Atreides Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,459,110 shares of Meta Platforms Inc worth $235 million, whose value fell 11.0% in the past six months.
The third-largest holding is Dicks Sporting Goods worth $141 million and the next is Deckers Outdoor worth $100 million, with 392,226 shares owned.
Currently, Atreides Management, L.P.'s portfolio is worth at least $2.41 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Atreides Management, L.P.
The Atreides Management, L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Laura Malone serves as the General Counsel/Chief Compliance Officer at Atreides Management, L.P..
Recent trades
In the most recent 13F filing, Atreides Management, L.P. revealed that it had opened a new position in
Meta Platforms Inc and bought 1,459,110 shares worth $235 million.
This means they effectively own approximately 0.1% of the company.
Meta Platforms Inc makes up
29.1%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Amazon.com by buying
2,856,431 additional shares.
This makes their stake in Amazon.com total 2,953,877 shares worth $314 million.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Atreides Management, L.P. is getting rid of from its portfolio.
Atreides Management, L.P. closed its position in Intel on 15th August 2022.
It sold the previously owned 4,165,110 shares for $215 million.
Laura Malone also disclosed a decreased stake in Dish Network Corporation by 0.1%.
This leaves the value of the investment at $81.3 million and 4,533,878 shares.
One of the largest hedge funds
The two most similar investment funds to Atreides Management, L.P. are Rgm Capital and Spire Wealth Management. They manage $2.41 billion and $2.42 billion respectively.
Laura Malone investment strategy
Atreides Management, L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 36.8% of
the total portfolio value.
The fund focuses on investments in the United States as
57.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
42% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $95.9 billion.
The complete list of Atreides Management, L.P. trades based on 13F SEC filings
These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Amazon.com Inc. |
2,931.30%
2,953,877
|
$313,731,000 | 13.01% |
| Meta Platforms Inc |
Opened
1,459,110
|
$235,281,000 | 9.76% |
| Intel Corp. |
Closed
4,165,110
|
$214,503,000 | |
| Okta Inc |
Closed
779,392
|
$174,716,000 | |
| Uber Technologies Inc |
Closed
3,429,612
|
$143,804,000 | |
| Dicks Sporting Goods, Inc. |
45.20%
1,872,173
|
$141,106,000 | 5.85% |
| Micron Technology Inc. |
Closed
1,469,677
|
$136,900,000 | |
| Mastercard Incorporated |
Closed
336,645
|
$120,963,000 | |
| Disney Walt Co |
Closed
733,927
|
$113,678,000 | |
| Deckers Outdoor Corp. |
42.36%
392,226
|
$100,155,000 | 4.15% |
| Target Corp |
Closed
410,151
|
$94,925,000 | |
| Hyatt Hotels Corporation |
Opened
1,276,350
|
$94,335,000 | 3.91% |
| Crowdstrike Holdings Inc |
Opened
559,146
|
$94,250,000 | 3.91% |
| Take-two Interactive Softwar |
252.92%
768,289
|
$94,138,000 | 3.90% |
| Oracle Corp. |
Opened
1,318,050
|
$92,092,000 | 3.82% |
| Block Inc |
66.21%
1,484,706
|
$91,250,000 | 3.78% |
| Shopify Inc |
Opened
2,757,609
|
$86,148,000 | 3.57% |
| Caesars Entertainment Inc Ne |
121.72%
2,245,449
|
$86,001,000 | 3.57% |
| Bill.com Holdings Inc |
Opened
750,737
|
$82,536,000 | 3.42% |
| Dish Network Corporation |
12.59%
4,533,878
|
$81,292,000 | 3.37% |
| Dlocal Ltd |
135.98%
2,937,282
|
$77,104,000 | 3.20% |
| Tesla Inc |
118.73%
108,899
|
$73,335,000 | 3.04% |
| Coinbase Global Inc |
Closed
276,938
|
$69,891,000 | |
| Farfetch Ltd |
Opened
9,733,545
|
$69,692,000 | 2.89% |
| Vail Resorts Inc. |
Opened
275,872
|
$60,154,000 | 2.49% |
| Marqeta Inc |
Opened
7,130,782
|
$57,831,000 | 2.40% |
| Opendoor Technologies Inc. |
Opened
11,057,188
|
$52,079,000 | 2.16% |
| Acv Auctions Inc |
305.62%
7,936,215
|
$51,903,000 | 2.15% |
| Airbnb, Inc. |
Opened
559,931
|
$49,879,000 | 2.07% |
| Confluent Inc |
Opened
1,877,791
|
$43,640,000 | 1.81% |
| American Eagle Outfitters In |
49.84%
3,793,903
|
$42,416,000 | 1.76% |
| Twilio Inc |
26.67%
483,477
|
$40,520,000 | 1.68% |
| Elastic N.V |
Closed
318,648
|
$39,222,000 | |
| ServiceNow Inc |
Opened
81,781
|
$38,889,000 | 1.61% |
| Liberty Media Corp. |
45.78%
543,058
|
$34,468,000 | 1.43% |
| Alphabet Inc |
68.53%
14,827
|
$32,312,000 | 1.34% |
| MGM Resorts International |
51.04%
1,000,051
|
$28,951,000 | 1.20% |
| AT&T Inc. |
Opened
1,022,122
|
$21,424,000 | 0.89% |
| Grab Holdings Limited |
Closed
2,940,660
|
$20,967,000 | |
| Samsara Inc. |
Opened
1,297,137
|
$14,489,000 | 0.60% |
| Peloton Interactive Inc |
Closed
323,120
|
$11,555,000 | |
| Sonder Holdings Inc |
Opened
7,409,364
|
$7,706,000 | 0.32% |
| Hashicorp Inc |
Closed
75,000
|
$6,828,000 | |
| Wayfair Inc |
51.97%
150,312
|
$6,548,000 | 0.27% |
| Joby Aviation Inc |
No change
1,000,000
|
$4,910,000 | 0.20% |
| Roku Inc |
89.57%
56,281
|
$4,623,000 | 0.19% |
| Starry Group Holdings Inc |
Opened
866,667
|
$3,571,000 | 0.15% |
| Taboola.com Ltd |
No change
725,000
|
$1,834,000 | 0.08% |
| Owlet Inc |
No change
500,000
|
$850,000 | 0.04% |
| Bird Global Inc |
0.79%
217,712
|
$95,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 50 holdings | |||
Hedge funds similar to Atreides Management, L.P.
- Walleye Capital
- Badgley Phelps Wealth Managers
- Ziegler Capital Management
- Whittier Trust Co Of Nevada Inc
- Eulav Asset Management
- Kiltearn Partners LL.P.
- Spire Wealth Management
- Rgm Capital
- Cliftonlarsonallen Wealth Advisors
- Coronation Asset Management (PTY)
- Spring Creek Capital
- Antipodes Partners Ltd
- Granite Investment Partners
- Barrett Asset Management