13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q3 2021. See the latest, Q2 2026 →
Reported value
$4.23B
−24% on the quarter before
Positions
41
11 new · 14 sold out
Top 10
57.3%
of the value
Est. gain
−$166.1M
on stocks held all quarter
Est. return
−6.0%
on those stocks since Q2 2021
Positions as of Sep 30, 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 Q2 2021. Striped tiles are options.
Largest buys
Since Q2 2021, 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.
- Penn Natl Gaming Inc~$350.5MNew · 0.0% → 8.3%+4,836,746 shares
- Uber~$235.2MAdded · 1.8% → 7.7%+5,250,392 shares
- Match Group Inc New~$120.9MNew · 0.0% → 2.9%+770,203 shares
- Anaplan Inc~$116.4MNew · 0.0% → 2.7%+1,911,008 shares
- Twilio~$103.5MAdded · 0.5% → 3.0%+324,477 shares
- Take-Two Interactive Softwar~$82.4MNew · 0.0% → 1.9%+535,093 shares
- Mgm Resorts International~$78.5MAdded · 0.6% → 2.7%+1,819,280 shares
- Caesars Entertainment Inc Ne~$73.9MNew · 0.0% → 1.7%+658,142 shares
- Twitter IncCALL~$60.4MNew · 0.0% → 1.4%+1,000,000 underlying
- UberCALL~$44.8MNew · 0.0% → 1.1%+1,000,000 underlying
Largest sells
Since Q2 2021, 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~$1.24BSold out · 22.2% → 0.0%−2,900,000 underlying
- AlphabetCALL~$200.5MCut · 6.5% → 4.7%−75,000 underlying
- AMD~$185.1MSold out · 3.3% → 0.0%−1,970,339 shares
- Boston Beer Inc~$176.2MSold out · 3.1% → 0.0%−172,628 shares
- Block~$127.1MSold out · 2.3% → 0.0%−521,501 shares
- Netflix~$102.2MSold out · 1.8% → 0.0%−193,487 shares
- AmazonCALL~$79.1MSold out · 1.4% → 0.0%−23,000 underlying
- Tapestry Inc~$75.6MSold out · 1.3% → 0.0%−1,737,974 shares
- Wix Com Ltd~$60.0MSold out · 1.1% → 0.0%−206,782 shares
- Zoom~$56.5MSold out · 1.0% → 0.0%−145,913 shares
Holdings
As of Sep 30, 2021. Changes are in shares against Jun 30, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dicks Sporting Goods IncCOM · shares +12% · price +19.5% | 9.1% | $386.6M | +$56.6M | ||||||||
| Penn Natl Gaming IncCOM · shares New | 8.3% | $350.5M | — | ||||||||
| Twitter IncCOM · shares +3.8% · price −12.2% | 8.3% | $350.0M | −$47.0M | ||||||||
| UberCOM · shares +260% · price −10.6% | 7.7% | $325.8M | −$10.8M | ||||||||
| American Eagle Outfitters InCOM · shares +2.8% · price −31.3% | 5.3% | $222.4M | −$98.3M | ||||||||
| Dish Network CorporationCL A · shares +6.3% · price +4.0% | 4.8% | $202.5M | +$7.3M | ||||||||
| AlphabetCALLCAP STK CL A · shares −50% | 4.7% | $200.5M | — | ||||||||
| Walt Disney Company (The)COM · shares −21% · price −3.8% | 3.2% | $135.0M | −$5.3M | ||||||||
| TwilioCL A · shares +423% · price −19.1% | 3.0% | $128.0M | −$5.8M | ||||||||
| AmazonCOM · shares −19% · price −4.5% | 3.0% | $126.1M | −$6.0M | ||||||||
| Match Group Inc NewCOM · shares New | 2.9% | $120.9M | — | ||||||||
| Anaplan IncCOM · shares New | 2.7% | $116.4M | — | ||||||||
| Mgm Resorts InternationalCOM · shares +218% · price +1.2% | 2.7% | $114.6M | +$417,784 | ||||||||
| CoinbaseCOM CL A · shares +10% · price −10.2% | 2.5% | $105.0M | −$10.8M | ||||||||
| Electronic Arts IncCOM · shares −23% · price −1.1% | 2.4% | $102.1M | −$1.1M | ||||||||
| Elastic N VORD SHS · shares +16% · price +2.2% | 2.4% | $99.6M | +$1.9M | ||||||||
| Goodrx Hldgs IncCOM CL A · shares −33% · price +13.9% | 2.2% | $94.9M | +$11.6M | ||||||||
| CoherentCOM · shares −0.1% · price −18.2% | 2.2% | $91.4M | −$20.4M | ||||||||
| Take-Two Interactive SoftwarCOM · shares New | 1.9% | $82.4M | — | ||||||||
| Target CorpCOM · shares −18% · price −5.4% | 1.9% | $82.4M | −$4.7M | ||||||||
| DynatraceCOM NEW · shares −7.9% · price +21.5% | 1.9% | $81.1M | +$14.4M | ||||||||
| Wayfair IncCL A · shares +2.0% · price −19.1% | 1.8% | $77.2M | −$17.8M | ||||||||
| Liberty Media Corp DelCOM SER C FRMLA · shares −0.2% · price +6.6% | 1.8% | $76.9M | +$4.8M | ||||||||
| Deckers Outdoor CorpCOM · shares −17% · price −6.2% | 1.8% | $75.9M | −$5.0M | ||||||||
| Caesars Entertainment Inc NeCOM · shares New | 1.7% | $73.9M | — | ||||||||
| Total · 41 positions | 100% | $4.23B | −$166.1M |
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 2021 to Q3 2021: 29 stocks held throughout, down $166.1M (−6.0%).
- Dicks Sporting Goods Inc+$56.6M+20%
- Dynatrace+$14.4M+21%
- Goodrx Hldgs Inc+$11.6M+14%
- Dish Network Corporation+$7.3M+4%
- Alphabet+$5.6M+9%
- Zillow Group Inc−$16.3M−28%
- Wayfair Inc−$17.8M−19%
- Coherent−$20.4M−18%
- Twitter Inc−$47.0M−12%
- American Eagle Outfitters In−$98.3M−31%
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 ↗ |