13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q4 2021. See the latest, Q2 2026 →
Reported value
$3.20B
−24% on the quarter before
Positions
36
11 new · 16 sold out
Top 10
56.9%
of the value
Est. gain
−$86.8M
on stocks held all quarter
Est. return
−4.6%
on those stocks since Q3 2021
Positions as of Dec 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 Q3 2021. Striped tiles are options.
Largest buys
Since Q3 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.
- Intel~$214.5MNew · 0.0% → 6.7%+4,165,110 shares
- Amazon~$196.9MAdded · 3.0% → 10.2%+59,047 shares
- Okta~$174.7MNew · 0.0% → 5.5%+779,392 shares
- Block~$144.3MNew · 0.0% → 4.5%+893,292 shares
- Mastercard~$121.0MNew · 0.0% → 3.8%+336,645 shares
- Roku Inc~$109.1MAdded · 0.5% → 3.8%+477,996 shares
- Micron~$70.6MAdded · 1.2% → 4.3%+757,865 shares
- Twilio~$68.0MAdded · 3.0% → 5.4%+258,181 shares
- Alphabet~$66.2MAdded · 1.5% → 4.3%+22,862 shares
- Dlocal Ltd~$44.4MNew · 0.0% → 1.4%+1,244,736 shares
Largest sells
Since Q3 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~$350.5MSold out · 8.3% → 0.0%−4,836,746 shares
- Twitter Inc~$350.0MSold out · 8.3% → 0.0%−5,796,159 shares
- Dicks Sporting Goods Inc~$222.9MCut · 9.1% → 4.6%−1,938,714 shares
- AlphabetCALL~$200.5MSold out · 4.7% → 0.0%−75,000 underlying
- Uber~$161.1MCut · 7.7% → 4.5%−3,842,056 shares
- Match Group Inc New~$120.9MSold out · 2.9% → 0.0%−770,203 shares
- Anaplan Inc~$116.4MSold out · 2.7% → 0.0%−1,911,008 shares
- Electronic Arts Inc~$102.1MSold out · 2.4% → 0.0%−717,562 shares
- Goodrx Hldgs Inc~$94.9MSold out · 2.2% → 0.0%−2,313,994 shares
- Coherent~$91.4MSold out · 2.2% → 0.0%−1,539,633 shares
Holdings
As of Dec 31, 2021. Changes are in shares against Sep 30, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AmazonCOM · shares +154% · price +1.5% | 10.2% | $324.9M | +$1.9M | ||||||||
| IntelCOM · shares New | 6.7% | $214.5M | — | ||||||||
| American Eagle Outfitters InCOM · shares −12% · price −1.9% | 6.0% | $191.5M | −$3.6M | ||||||||
| OktaCL A · shares New | 5.5% | $174.7M | — | ||||||||
| TwilioCL A · shares +64% · price −17.5% | 5.4% | $173.6M | −$22.3M | ||||||||
| Dish Network CorporationCL A · shares +11% · price −25.4% | 5.3% | $168.3M | −$51.3M | ||||||||
| Dicks Sporting Goods IncCOM · shares −60% · price −4.0% | 4.6% | $148.3M | −$6.2M | ||||||||
| BlockCL A · shares New | 4.5% | $144.3M | — | ||||||||
| UberCOM · shares −53% · price −6.4% | 4.5% | $143.8M | −$9.8M | ||||||||
| MicronCOM · shares +106% · price +31.2% | 4.3% | $136.9M | +$15.8M | ||||||||
| AlphabetCAP STK CL A · shares +94% · price +8.4% | 4.3% | $136.5M | +$5.4M | ||||||||
| Roku IncCOM CL A · shares +774% · price −27.2% | 3.8% | $123.2M | −$5.3M | ||||||||
| MastercardCL A · shares New | 3.8% | $121.0M | — | ||||||||
| Walt Disney Company (The)COM · shares −8.0% · price −8.4% | 3.6% | $113.7M | −$10.5M | ||||||||
| Deckers Outdoor CorpCOM · shares +31% · price +1.7% | 3.2% | $100.9M | +$1.3M | ||||||||
| Target CorpCOM · shares +14% · price +1.2% | 3.0% | $94.9M | +$961,182 | ||||||||
| Caesars Entertainment Inc NeCOM · shares +54% · price −16.7% | 3.0% | $94.7M | −$12.3M | ||||||||
| Mgm Resorts InternationalCOM · shares −23% · price +4.0% | 2.9% | $91.7M | +$3.5M | ||||||||
| CoinbaseCOM CL A · shares −40% · price +10.9% | 2.2% | $69.9M | +$6.9M | ||||||||
| Liberty Media Corp DelCOM SER C FRMLA · shares −33% · price +23.0% | 2.0% | $63.3M | +$11.8M | ||||||||
| Wayfair IncCL A · shares +3.5% · price −25.7% | 1.9% | $59.5M | −$19.8M | ||||||||
| TeslaCOM · shares +9.9% · price +36.3% | 1.6% | $52.6M | +$12.7M | ||||||||
| Dlocal LtdCLASS A COM · shares New | 1.4% | $44.4M | — | ||||||||
| Elastic N VORD SHS · shares −52% · price −17.4% | 1.2% | $39.2M | −$8.3M | ||||||||
| Take-Two Interactive SoftwarCOM · shares −59% · price +15.4% | 1.2% | $38.7M | +$5.1M | ||||||||
| Total · 36 positions | 100% | $3.20B | −$86.8M |
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 Q3 2021 to Q4 2021: 25 stocks held throughout, down $86.8M (−4.6%).
- Micron+$15.8M+31%
- Tesla+$12.7M+36%
- Liberty Media Corp Del+$11.8M+23%
- Coinbase+$6.9M+11%
- Alphabet+$5.4M+8%
- Walt Disney Company (The)−$10.5M−8%
- Caesars Entertainment Inc Ne−$12.3M−17%
- Wayfair Inc−$19.8M−26%
- Twilio−$22.3M−17%
- Dish Network Corporation−$51.3M−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 ↗ |