Latest Atreides Management, LP Stock Portfolio
Atreides Management, LP Performance:
2024 Q3: -9.8%YTD: -2.23%2023: 32.41%
Performance for 2024 Q3 is -9.8%, and YTD is -2.23%, and 2023 is 32.41%.
About Atreides Management, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Atreides Management, LP reported an equity portfolio of $3.9 Billions as of 30 Sep, 2024.
The top stock holdings of Atreides Management, LP are , AMD, AMZN. The fund has invested 9.6% of it's portfolio in ASTERA LABS INC and 8.6% of portfolio in ADVANCED MICRO DEVICES INC .
The fund managers got completely rid off MARVELL TECHNOLOGY INC (MRVL), HEWLETT PACKARD ENTERPRISE C (HPE) and PURE STORAGE INC (PSTG) stocks. They significantly reduced their stock positions in BATH & BODY WORKS INC (BBWI), ALPHABET INC (GOOG) and SHERWIN WILLIAMS CO (SHW). Atreides Management, LP opened new stock positions in DECKERS OUTDOOR CORP (DECK), ULTA BEAUTY INC (ULTA) and FIVE BELOW INC (FIVE). The fund showed a lot of confidence in some stocks as they added substantially to ASTERA LABS INC, AMERICAN TOWER CORP NEW (AMT) and SENTINELONE INC (S).
The top stock holdings of Atreides Management, LP are , AMD, AMZN. The fund has invested 9.6% of it's portfolio in ASTERA LABS INC and 8.6% of portfolio in ADVANCED MICRO DEVICES INC .
The fund managers got completely rid off MARVELL TECHNOLOGY INC (MRVL), HEWLETT PACKARD ENTERPRISE C (HPE) and PURE STORAGE INC (PSTG) stocks. They significantly reduced their stock positions in BATH & BODY WORKS INC (BBWI), ALPHABET INC (GOOG) and SHERWIN WILLIAMS CO (SHW). Atreides Management, LP opened new stock positions in DECKERS OUTDOOR CORP (DECK), ULTA BEAUTY INC (ULTA) and FIVE BELOW INC (FIVE). The fund showed a lot of confidence in some stocks as they added substantially to ASTERA LABS INC, AMERICAN TOWER CORP NEW (AMT) and SENTINELONE INC (S).
Atreides Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Atreides Management, LP made a return of -9.8% in the last quarter. In trailing 12 months, it's portfolio return was 5.76%.
New Buys
| Ticker | $ Bought |
|---|---|
| deckers outdoor corp | 94,257,900 |
| ulta beauty inc | 73,069,000 |
| five below inc | 68,648,900 |
| gitlab inc | 25,604,800 |
| affirm hldgs inc | 20,404,200 |
| nutanix inc | 8,289,790 |
New stocks bought by Atreides Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| astera labs inc | 158 |
| american tower corp new | 143 |
| sentinelone inc | 137 |
| advanced micro devices inc | 98.42 |
| elastic n v | 57.23 |
| apple inc | 29.93 |
| lumentum hldgs inc | 28.53 |
| ralph lauren corp | 28.34 |
Additions to existing portfolio by Atreides Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| bath & body works inc | -71.73 |
| alphabet inc | -59.15 |
| sherwin williams co | -57.55 |
| micron technology inc | -46.82 |
| ciena corp | -38.22 |
| sea ltd | -38.22 |
| grab holdings limited | -33.31 |
| mastercard incorporated | -32.83 |
Atreides Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| hewlett packard enterprise c | -126,581,000 |
| marvell technology inc | -176,972,000 |
| pure storage inc | -99,341,700 |
| samsara inc | -49,665,300 |
| klaviyo inc | -22,446,100 |
| block inc | -54,301,100 |
| datadog inc | -59,486,700 |
| starbucks corp | -21,834,800 |
Atreides Management, LP got rid off the above stocks
Sector Distribution
Atreides Management, LP has about 40.4% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 40.4 |
| Consumer Cyclical | 34.8 |
| Others | 17.9 |
| Communication Services | 2.6 |
| Real Estate | 1.5 |
| Financial Services | 1.3 |
| Basic Materials | 1.2 |
Market Cap. Distribution
Atreides Management, LP has about 53.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 33.2 |
| MID-CAP | 28.7 |
| LARGE-CAP | 20.1 |
| UNALLOCATED | 18 |
Stocks belong to which Index?
About 47.3% of the stocks held by Atreides Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 52.8 |
| S&P 500 | 43.2 |
| RUSSELL 2000 | 4.1 |
Atreides Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Atreides Management, LP
Atreides Management, LP has 35 stocks in it's portfolio. About 45.5% of the portfolio is in top 10 stocks. DECK proved to be the most loss making stock for the portfolio. TSLA was the most profitable stock for Atreides Management, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.52 | 424,965 | 99,016,800 | added | 29.93 | ||
| ACVA | acv auctions inc | 2.94 | 5,684,440 | 115,565,000 | reduced | -27.43 | ||
| ADBE | adobe inc | 3.72 | 281,890 | 145,957,000 | added | 8.00 | ||
| AFRM | affirm hldgs inc | 0.52 | 499,858 | 20,404,200 | new | |||
| AMD | advanced micro devices inc | 8.62 | 2,064,000 | 338,661,000 | added | 98.42 | ||
| AMKR | amkor technology inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMT | american tower corp new | 1.10 | 186,136 | 43,287,800 | added | 143 | ||
| AMZN | amazon com inc | 4.42 | 931,107 | 173,493,000 | added | 18.83 | ||
| BBWI | bath & body works inc | 0.77 | 943,926 | 30,130,100 | reduced | -71.73 | ||
| CFLT | confluent inc | 1.41 | 2,706,910 | 55,166,800 | added | 7.33 | ||
| CIEN | ciena corp | 3.48 | 2,219,210 | 136,681,000 | reduced | -38.22 | ||
| DDOG | datadog inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DECK | deckers outdoor corp | 2.40 | 591,144 | 94,257,900 | new | |||
| DKNG | draftkings inc new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ESTC | elastic n v | 3.30 | 1,687,790 | 129,555,000 | added | 57.23 | ||
| FIVE | five below inc | 1.75 | 777,011 | 68,648,900 | new | |||
| GOOG | alphabet inc | 0.93 | 219,517 | 36,406,900 | reduced | -59.15 | ||
| GTLB | gitlab inc | 0.65 | 496,795 | 25,604,800 | new | |||
| HPE | hewlett packard enterprise c | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| IOT | samsara inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||