13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q1 2022. See the latest, Q2 2026 →
Reported value
$3.25B
+1.4% on the quarter before
Positions
38
12 new · 10 sold out
Top 10
62.8%
of the value
Est. gain
−$295.2M
on stocks held all quarter
Est. return
−16.4%
on those stocks since Q4 2021
Positions as of Mar 31, 2022, 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 2021. Striped tiles are options.
Largest buys
Since Q4 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.
- Invesco Qqq TrPUT~$412.4MNew · 0.0% → 12.7%+1,137,500 underlying
- Take-Two Interactive Softwar~$208.9MAdded · 1.2% → 7.5%+1,358,516 shares
- CrowdStrike~$190.6MNew · 0.0% → 5.9%+839,221 shares
- Airbnb~$165.4MNew · 0.0% → 5.1%+962,909 shares
- Alphabet~$138.6MAdded · 4.3% → 8.3%+49,823 shares
- Hyatt Hotels Corp~$88.9MNew · 0.0% → 2.7%+931,762 shares
- Vail Resorts Inc~$87.7MNew · 0.0% → 2.7%+336,998 shares
- Marriott Intl Inc New~$85.1MNew · 0.0% → 2.6%+484,282 shares
- Snap~$74.0MNew · 0.0% → 2.3%+2,055,814 shares
- Bill Com Hldgs Inc~$57.0MNew · 0.0% → 1.8%+251,312 shares
Largest sells
Since Q4 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~$214.5MSold out · 6.7% → 0.0%−4,165,110 shares
- Okta~$174.7MSold out · 5.5% → 0.0%−779,392 shares
- Uber~$143.8MSold out · 4.5% → 0.0%−3,429,612 shares
- Mastercard~$121.0MSold out · 3.8% → 0.0%−336,645 shares
- Walt Disney Company (The)~$113.7MSold out · 3.6% → 0.0%−733,927 shares
- Target Corp~$94.9MSold out · 3.0% → 0.0%−410,151 shares
- Dicks Sporting Goods Inc~$84.1MCut · 4.6% → 1.4%−840,815 shares
- Micron~$74.9MCut · 4.3% → 1.2%−961,869 shares
- Mgm Resorts International~$53.8MCut · 2.9% → 1.0%−1,283,327 shares
- Roku Inc~$47.9MCut · 3.8% → 0.6%−382,382 shares
Holdings
As of Mar 31, 2022. Changes are in shares against Dec 31, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Qqq TrPUTUNIT SER 1 · shares New | 12.7% | $412.4M | — | ||||||||
| AmazonCOM · shares −8.5% · price −2.2% | 9.0% | $290.7M | −$6.6M | ||||||||
| AlphabetCAP STK CL A · shares +106% · price −4.0% | 8.3% | $269.6M | −$5.5M | ||||||||
| Take-Two Interactive SoftwarCOM · shares +624% · price −13.5% | 7.5% | $242.3M | −$5.2M | ||||||||
| CrowdStrikeCL A · shares New | 5.9% | $190.6M | — | ||||||||
| AirbnbCOM CL A · shares New | 5.1% | $165.4M | — | ||||||||
| TwilioCL A · shares +22% · price −37.4% | 4.1% | $132.7M | −$65.0M | ||||||||
| Dish Network CorporationCL A · shares −20% · price −2.4% | 4.0% | $130.6M | −$3.3M | ||||||||
| American Eagle Outfitters InCOM · shares −18% · price −33.6% | 3.2% | $104.0M | −$52.7M | ||||||||
| Deckers Outdoor CorpCOM · shares +34% · price −25.3% | 3.1% | $101.2M | −$25.5M | ||||||||
| BlockCL A · shares −23% · price −16.0% | 2.9% | $92.7M | −$17.7M | ||||||||
| Caesars Entertainment Inc NeCOM · shares +14% · price −17.3% | 2.8% | $89.3M | −$16.4M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares New | 2.7% | $88.9M | — | ||||||||
| Vail Resorts IncCOM · shares New | 2.7% | $87.7M | — | ||||||||
| Marriott Intl Inc NewCL A · shares New | 2.6% | $85.1M | — | ||||||||
| Dlocal LtdCLASS A COM · shares +106% · price −12.4% | 2.5% | $80.3M | −$5.5M | ||||||||
| SnapCL A · shares New | 2.3% | $74.0M | — | ||||||||
| Liberty Media Corp DelCOM SER C FRMLA · shares −7.4% · price +10.4% | 2.0% | $64.8M | +$6.1M | ||||||||
| Bill Com Hldgs IncCOM · shares New | 1.8% | $57.0M | — | ||||||||
| CoinbaseCOM CL A · shares +5.1% · price −24.8% | 1.7% | $55.3M | −$17.3M | ||||||||
| Elastic N VORD SHS · shares +93% · price −27.7% | 1.7% | $54.8M | −$10.9M | ||||||||
| TeslaCOM · shares +1.1% · price +2.0% | 1.7% | $54.3M | +$1.0M | ||||||||
| Acv Auctions IncCOM CL A · shares +65% · price −21.4% | 1.5% | $47.8M | −$7.9M | ||||||||
| Dicks Sporting Goods IncCOM · shares −65% · price −13.0% | 1.4% | $44.9M | −$6.7M | ||||||||
| MicronCOM · shares −65% · price −16.4% | 1.2% | $39.6M | −$7.7M | ||||||||
| Total · 38 positions | 100% | $3.25B | −$295.2M |
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 2021 to Q1 2022: 26 stocks held throughout, down $295.2M (−16.4%).
- Liberty Media Corp Del+$6.1M+10%
- Tesla+$1.0M+2%
- Owlet Inc+$890,000+67%
- Catalyst Partnrs Acquisitn C+$49,476+1%
- Block−$17.7M−16%
- Wayfair Inc−$24.8M−42%
- Deckers Outdoor Corp−$25.5M−25%
- American Eagle Outfitters In−$52.7M−34%
- Twilio−$65.0M−37%
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 ↗ |