13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q1 2023. See the latest, Q2 2026 →
Reported value
$3.27B
+29% on the quarter before
Positions
34
13 new · 13 sold out
Top 10
62.3%
of the value
Est. gain
+$333.9M
on stocks held all quarter
Est. return
+21.0%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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 2022. Striped tiles are options.
Largest buys
Since Q4 2022, 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.
- AMDPUT~$308.7MNew · 0.0% → 9.5%+3,150,000 underlying
- Rh~$170.1MNew · 0.0% → 5.2%+698,553 shares
- CrowdStrike~$102.7MNew · 0.0% → 3.1%+748,490 shares
- Datadog~$93.6MNew · 0.0% → 2.9%+1,287,691 shares
- Confluent Inc~$92.2MNew · 0.0% → 2.8%+3,830,805 shares
- Everpure~$89.0MAdded · 4.0% → 5.7%+3,489,559 shares
- Amazon~$80.0MAdded · 1.6% → 4.0%+774,557 shares
- BlockCALL~$68.7MNew · 0.0% → 2.1%+1,000,000 underlying
- Micron~$55.6MNew · 0.0% → 1.7%+920,958 shares
- AlphabetCALL~$51.9MNew · 0.0% → 1.6%+500,000 underlying
Largest sells
Since Q4 2022, 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.
- Meta~$219.0MCut · 6.3% → 1.9%−1,033,519 shares
- Block~$159.0MSold out · 6.3% → 0.0%−2,530,586 shares
- HubSpot~$77.0MSold out · 3.0% → 0.0%−266,315 shares
- Take-Two Interactive Softwar~$75.1MCut · 3.0% → 0.4%−629,336 shares
- Las Vegas Sands Corp~$55.1MSold out · 2.2% → 0.0%−1,145,413 shares
- Nvidia~$54.1MSold out · 2.1% → 0.0%−370,529 shares
- On Hldg Ag~$53.6MSold out · 2.1% → 0.0%−3,123,903 shares
- Dish Network Corporation~$53.5MSold out · 2.1% → 0.0%−3,811,122 shares
- Procore~$50.0MSold out · 2.0% → 0.0%−1,060,641 shares
- Intuit~$48.2MSold out · 1.9% → 0.0%−123,830 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMDCOM · shares +6.3% · price +51.3% | 11.6% | $379.1M | +$120.9M | ||||||||
| AMDPUTCOM · shares New | 9.5% | $308.7M | — | ||||||||
| Dicks Sporting Goods IncCOM · shares +2.6% · price +18.0% | 7.2% | $236.2M | +$35.0M | ||||||||
| Marvell Technology IncCOM · shares +22% · price +16.9% | 6.8% | $223.5M | +$26.5M | ||||||||
| EverpureCL A · shares +93% · price −4.7% | 5.7% | $185.2M | −$4.7M | ||||||||
| RhCOM · shares New | 5.2% | $170.1M | — | ||||||||
| Deckers Outdoor CorpCOM · shares −3.0% · price +12.6% | 4.5% | $147.9M | +$16.6M | ||||||||
| Acv Auctions IncCOM CL A · shares +0.9% · price +57.2% | 4.1% | $132.5M | +$47.8M | ||||||||
| AmazonCOM · shares +160% · price +23.0% | 4.0% | $129.9M | +$9.3M | ||||||||
| Bath & Body Works IncCOM · shares +19% · price −13.2% | 3.7% | $120.2M | −$15.4M | ||||||||
| Mgm Resorts InternationalCOM · shares −22% · price +32.5% | 3.5% | $112.9M | +$27.7M | ||||||||
| CrowdStrikeCL A · shares New | 3.1% | $102.7M | — | ||||||||
| TeslaCOM · shares −32% · price +68.4% | 2.9% | $95.8M | +$38.9M | ||||||||
| DatadogCL A COM · shares New | 2.9% | $93.6M | — | ||||||||
| Confluent IncCLASS A COM · shares New | 2.8% | $92.2M | — | ||||||||
| Caesars Entertainment Inc NeCOM · shares +12% · price +17.3% | 2.5% | $81.3M | +$10.8M | ||||||||
| Bill Holdings IncCOM · shares +41% · price −25.5% | 2.4% | $79.5M | −$19.3M | ||||||||
| Vail Resorts IncCOM · shares +0.9% · price −2.0% | 2.3% | $76.2M | −$1.5M | ||||||||
| Liberty Media Corp DelCOM SER C FRMLA · shares −28% · price +25.2% | 2.1% | $70.2M | +$14.1M | ||||||||
| BlockCALLCL A · shares New | 2.1% | $68.7M | — | ||||||||
| MetaCL A · shares −78% · price +76.1% | 1.9% | $60.5M | +$26.1M | ||||||||
| MicronCOM · shares New | 1.7% | $55.6M | — | ||||||||
| AlphabetCALLCAP STK CL A · shares New | 1.6% | $51.9M | — | ||||||||
| Pinterest IncCL A · shares New | 1.4% | $46.6M | — | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −40% · price +23.6% | 1.3% | $42.7M | +$8.2M | ||||||||
| Total · 34 positions | 100% | $3.27B | +$333.9M |
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 2022 to Q1 2023: 21 stocks held throughout, up $333.9M (+21.0%).
- AMD+$120.9M+51%
- Acv Auctions Inc+$47.8M+57%
- Tesla+$38.9M+68%
- Dicks Sporting Goods Inc+$35.0M+18%
- Mgm Resorts International+$27.7M+32%
- Vail Resorts Inc−$1.5M−2%
- Everpure−$4.7M−5%
- Sonder Holdings Inc−$9.8M−39%
- Bath & Body Works Inc−$15.4M−13%
- Bill Holdings Inc−$19.3M−26%
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 ↗ |