13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q3 2020. See the latest, Q2 2026 →
Reported value
$1.06B
+49% on the quarter before
Positions
33
18 new · 11 sold out
Top 10
61.8%
of the value
Est. gain
+$64.3M
on stocks held all quarter
Est. return
+20.0%
on those stocks since Q2 2020
Positions as of Sep 30, 2020, from Atreides Management's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q2 2020. Striped tiles are options.
Largest buys
Since Q2 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrPUT~$104.5MNew · 0.0% → 9.9%+312,000 underlying
- American Eagle Outfitters In~$101.7MNew · 0.0% → 9.6%+6,867,400 shares
- Fiserv Inc~$72.5MNew · 0.0% → 6.9%+703,300 shares
- Walt Disney Company (The)CALL~$62.0MNew · 0.0% → 5.9%+500,000 underlying
- Uber~$53.4MNew · 0.0% → 5.0%+1,463,029 shares
- Snap~$48.1MNew · 0.0% → 4.6%+1,843,227 shares
- Zendesk Inc~$30.3MNew · 0.0% → 2.9%+294,600 shares
- Deckers Outdoor Corp~$29.4MNew · 0.0% → 2.8%+133,700 shares
- Booking Holdings Inc~$20.1MNew · 0.0% → 1.9%+11,765 shares
- Walt Disney Company (The)~$19.2MAdded · 6.0% → 6.3%+154,600 shares
Largest sells
Since Q2 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Restaurant Brands Intl Inc~$47.0MSold out · 6.6% → 0.0%−860,814 shares
- Alphabet~$42.0MSold out · 5.9% → 0.0%−29,611 shares
- Redfin Corp~$41.0MCut · 6.2% → 1.1%−821,600 shares
- Roku Inc~$39.0MCut · 4.9% → 1.6%−206,400 shares
- Amazon~$33.9MSold out · 4.8% → 0.0%−12,290 shares
- Take-Two Interactive Softwar~$32.4MCut · 4.6% → 0.6%−196,300 shares
- Angi Homeservices Inc~$26.7MSold out · 3.8% → 0.0%−2,193,475 shares
- Block~$26.5MCut · 6.6% → 4.3%−163,320 shares
- Xilinx Inc~$26.0MSold out · 3.7% → 0.0%−263,900 shares
- CrowdStrike~$24.7MSold out · 3.5% → 0.0%−246,300 shares
Holdings
As of Sep 30, 2020. Changes are in shares against Jun 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TrPUTTR UNIT · shares New | 9.9% | $104.5M | — | ||||||||
| American Eagle Outfitters InCOM · shares New | 9.6% | $101.7M | — | ||||||||
| Fiserv IncCOM · shares New | 6.9% | $72.5M | — | ||||||||
| Walt Disney Company (The)COM DISNEY · shares +41% · price +11.3% | 6.3% | $66.2M | +$4.8M | ||||||||
| Walt Disney Company (The)CALLCOM DISNEY · shares New | 5.9% | $62.0M | — | ||||||||
| Activision Blizzard IncCOM · shares +7.5% · price +6.7% | 5.2% | $54.8M | +$3.2M | ||||||||
| UberCOM · shares New | 5.0% | $53.4M | — | ||||||||
| SnapCL A · shares New | 4.6% | $48.1M | — | ||||||||
| BlockCL A · shares −37% · price +54.9% | 4.3% | $45.9M | +$16.3M | ||||||||
| MicronCOM · shares +15% · price −8.8% | 4.2% | $44.7M | −$3.8M | ||||||||
| Boston Beer IncCL A · shares −8.5% · price +64.6% | 3.9% | $41.0M | +$16.1M | ||||||||
| Target CorpCOM · shares +29% · price +31.3% | 3.0% | $32.0M | +$5.9M | ||||||||
| Zendesk IncCOM · shares New | 2.9% | $30.3M | — | ||||||||
| Deckers Outdoor CorpCOM · shares New | 2.8% | $29.4M | — | ||||||||
| IntelCOM · shares +24% · price −13.5% | 2.6% | $27.3M | −$3.4M | ||||||||
| Par Technology CorpCOM · shares −22% · price +35.3% | 2.4% | $25.8M | +$6.7M | ||||||||
| Booking Holdings IncCOM · shares New | 1.9% | $20.1M | — | ||||||||
| TeslaCOM · shares −18% · price +19.2% | 1.8% | $19.4M | +$3.1M | ||||||||
| Roku IncCOM CL A · shares −70% · price +62.0% | 1.6% | $16.8M | +$6.4M | ||||||||
| NvidiaCOM · shares −51% · price +42.5% | 1.5% | $16.2M | +$4.8M | ||||||||
| NvidiaCALLCOM · shares New | 1.5% | $16.1M | — | ||||||||
| Dish Network CorporationCL A · shares New | 1.5% | $15.7M | — | ||||||||
| MicronCALLCOM · shares New | 1.4% | $15.3M | — | ||||||||
| Norwegian Cruise Line Hldg LSHS · shares New | 1.3% | $13.4M | — | ||||||||
| Sonos IncCOM · shares +8.1% · price +3.8% | 1.1% | $11.4M | +$383,855 | ||||||||
| Total · 33 positions | 100% | $1.06B | +$64.3M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q2 2020 to Q3 2020: 15 stocks held throughout, up $64.3M (+20.0%).
- Block+$16.3M+55%
- Boston Beer Inc+$16.1M+65%
- Par Technology Corp+$6.7M+35%
- Roku Inc+$6.4M+62%
- Target Corp+$5.9M+31%
- Intel−$3.4M−13%
- Micron−$3.8M−9%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 1 split read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $14.34B+187% | SEC ↗ |
| Q1 2026 | May 18, 2026 | $5.00B−39% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $8.18B+59% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $5.13B+42% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $3.60B+9% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $3.29B−28% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $4.57B+16% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $3.93B+28% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $3.06B−30% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $4.41B+45% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $3.04B−0% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $3.06B−21% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $3.89B+19% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $3.27B+29% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $2.54B−33% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $3.80B+41% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $2.69B−17% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $3.25B+1% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $3.20B−24% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $4.23B−24% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $5.60B+26% | SEC ↗ |
| Q1 2021 | May 28, 2021 (amended) | $4.43B+94% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $2.28B+116% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $1.06B+49% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $708.2M+57% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $452.2M+4% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $435.9M | SEC ↗ |