13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q1 2021. See the latest, Q2 2026 →
Reported value
$4.43B
+94% on the quarter before
Positions
53
24 new · 12 sold out
Top 10
57.8%
of the value
Est. gain
+$130.9M
on stocks held all quarter
Est. return
+11.7%
on those stocks since Q4 2020
Positions as of Mar 31, 2021, 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 Q4 2020. Striped tiles are options.
Largest buys
Since Q4 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.
- Invesco Qqq TrPUT~$478.7MNew · 0.0% → 10.8%+1,500,000 underlying
- Twitter Inc~$299.4MNew · 0.0% → 6.8%+4,705,400 shares
- AMD~$237.7MNew · 0.0% → 5.4%+3,027,900 shares
- SPDR S&P 500 ETF TrPUT~$111.8MAdded · 23.3% → 15.2%+282,000 underlying
- Tjx Cos Inc New~$97.8MNew · 0.0% → 2.2%+1,478,800 shares
- Wix Com Ltd~$93.9MNew · 0.0% → 2.1%+336,300 shares
- Wayfair Inc~$86.0MNew · 0.0% → 1.9%+273,214 shares
- Tapestry Inc~$82.4MNew · 0.0% → 1.9%+1,998,647 shares
- American Eagle Outfitters In~$80.9MAdded · 3.5% → 4.5%+2,766,531 shares
- Zillow Group Inc~$69.2MAdded · 2.4% → 2.8%+533,700 shares
Largest sells
Since Q4 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.
- Target CorpCALL~$132.4MSold out · 5.8% → 0.0%−750,000 underlying
- Fiserv Inc~$74.3MSold out · 3.3% → 0.0%−652,600 shares
- Lendingtree Inc New~$68.1MSold out · 3.0% → 0.0%−248,700 shares
- UberPUT~$55.1MSold out · 2.4% → 0.0%−1,080,000 underlying
- Snap~$48.2MSold out · 2.1% → 0.0%−962,427 shares
- Pinterest Inc~$41.3MSold out · 1.8% → 0.0%−626,800 shares
- Wyndham Hotels & Resorts Inc~$28.8MSold out · 1.3% → 0.0%−484,200 shares
- SnapCALL~$28.5MSold out · 1.3% → 0.0%−570,000 underlying
- Walt Disney Company (The)CALL~$27.2MSold out · 1.2% → 0.0%−150,000 underlying
- Rush Street Interactive Inc~$21.6MSold out · 0.9% → 0.0%−1,000,000 shares
Holdings
As of Mar 31, 2021. Changes are in shares against Dec 31, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TrPUTTR UNIT · shares +20% | 15.2% | $673.8M | — | ||||||||
| Invesco Qqq TrPUTUNIT SER 1 · shares New | 10.8% | $478.7M | — | ||||||||
| Twitter IncCOM · shares New | 6.8% | $299.4M | — | ||||||||
| AMDCOM · shares New | 5.4% | $237.7M | — | ||||||||
| American Eagle Outfitters InCOM · shares +69% · price +45.7% | 4.5% | $198.6M | +$36.9M | ||||||||
| Dicks Sporting Goods IncCOM · shares +52% · price +35.5% | 4.3% | $190.6M | +$32.9M | ||||||||
| Target CorpCOM · shares +52% · price +12.2% | 3.0% | $133.5M | +$9.5M | ||||||||
| Dish Network CorporationCL A · shares +16% · price +11.9% | 2.9% | $129.2M | +$11.9M | ||||||||
| Zillow Group IncCL C CAP STK · shares +128% · price −0.1% | 2.8% | $123.3M | −$66,590 | ||||||||
| Tjx Cos Inc NewCOM · shares New | 2.2% | $97.8M | — | ||||||||
| Wix Com LtdSHS · shares New | 2.1% | $93.9M | — | ||||||||
| UberCOM · shares +5.1% · price +6.9% | 2.1% | $91.1M | +$5.6M | ||||||||
| BlockCL A · shares +170% · price +4.3% | 2.0% | $88.9M | +$1.4M | ||||||||
| Wayfair IncCL A · shares New | 1.9% | $86.0M | — | ||||||||
| Tapestry IncCOM · shares New | 1.9% | $82.4M | — | ||||||||
| Farfetch LtdORD SH CL A · shares +347% · price −16.9% | 1.7% | $77.5M | −$3.5M | ||||||||
| MicronCOM · shares +60% · price +17.3% | 1.7% | $74.6M | +$6.9M | ||||||||
| Walt Disney Company (The)COM · shares +53% · price +1.8% | 1.7% | $73.7M | +$870,911 | ||||||||
| Lyft IncCL A COM · shares +109% · price +28.6% | 1.6% | $69.4M | +$7.4M | ||||||||
| Deckers Outdoor CorpCOM · shares +3.8% · price +15.2% | 1.5% | $64.6M | +$8.2M | ||||||||
| Twitter IncCALLCOM · shares New | 1.4% | $63.6M | — | ||||||||
| Cargurus IncCOM CL A · shares +108% · price −24.9% | 1.4% | $63.6M | −$10.1M | ||||||||
| MicrosoftCALLCOM · shares New | 1.3% | $56.7M | — | ||||||||
| Electronic Arts IncCOM · shares New | 1.1% | $49.7M | — | ||||||||
| DynatraceCOM NEW · shares +21% · price +11.5% | 1.1% | $48.2M | +$4.1M | ||||||||
| Total · 53 positions | 100% | $4.43B | +$130.9M |
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 Q4 2020 to Q1 2021: 28 stocks held throughout, up $130.9M (+11.7%).
- American Eagle Outfitters In+$36.9M+46%
- Dicks Sporting Goods Inc+$32.9M+35%
- Dish Network Corporation+$11.9M+12%
- Sonos Inc+$10.6M+60%
- Target Corp+$9.5M+12%
- Tesla−$1.7M−5%
- Zendesk Inc−$3.3M−7%
- Farfetch Ltd−$3.5M−17%
- Pagseguro Digital Ltd−$6.7M−19%
- Cargurus Inc−$10.1M−25%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
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 ↗ |