13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q2 2023. See the latest, Q2 2026 →
Reported value
$3.89B
+19% on the quarter before
Positions
33
9 new · 10 sold out
Top 10
63.0%
of the value
Est. gain
+$370.6M
on stocks held all quarter
Est. return
+21.9%
on those stocks since Q1 2023
Positions as of Jun 30, 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 Q1 2023. Striped tiles are options.
Largest buys
Since Q1 2023, 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~$554.1MNew · 0.0% → 14.2%+1,500,000 underlying
- PayPal~$254.8MNew · 0.0% → 6.5%+3,819,109 shares
- Block~$178.9MNew · 0.0% → 4.6%+2,686,912 shares
- Sea~$122.3MNew · 0.0% → 3.1%+2,106,432 shares
- Rh~$118.0MAdded · 5.2% → 8.9%+357,944 shares
- Bath & Body Works Inc~$88.3MAdded · 3.7% → 5.4%+2,354,150 shares
- Planet Fitness Inc~$82.3MNew · 0.0% → 2.1%+1,220,212 shares
- Elastic N V~$78.9MNew · 0.0% → 2.0%+1,229,740 shares
- Las Vegas Sands Corp~$61.3MNew · 0.0% → 1.6%+1,056,827 shares
- Hewlett Packard Enterprise~$52.1MNew · 0.0% → 1.3%+3,101,513 shares
Largest sells
Since Q1 2023, 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~$308.7MSold out · 9.5% → 0.0%−3,150,000 underlying
- AMD~$304.2MCut · 11.6% → 3.5%−2,670,588 shares
- Marvell Technology Inc~$212.4MCut · 6.8% → 2.5%−3,552,474 shares
- Dicks Sporting Goods Inc~$99.8MCut · 7.2% → 3.1%−755,204 shares
- Datadog~$93.6MSold out · 2.9% → 0.0%−1,287,691 shares
- Caesars Entertainment Inc Ne~$81.3MSold out · 2.5% → 0.0%−1,665,096 shares
- Vail Resorts Inc~$76.2MSold out · 2.3% → 0.0%−326,300 shares
- Tesla~$72.1MCut · 2.9% → 1.3%−275,297 shares
- BlockCALL~$68.7MSold out · 2.1% → 0.0%−1,000,000 underlying
- Meta~$60.5MSold out · 1.9% → 0.0%−285,474 shares
Holdings
As of Jun 30, 2023. Changes are in shares against Mar 31, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Qqq TrPUTUNIT SER 1 · shares New | 14.2% | $554.1M | — | ||||||||
| RhCOM · shares +51% · price +35.3% | 8.9% | $348.2M | +$60.1M | ||||||||
| EverpureCL A · shares +8.7% · price +44.3% | 7.5% | $290.7M | +$82.1M | ||||||||
| PayPalCOM · shares New | 6.5% | $254.8M | — | ||||||||
| Bath & Body Works IncCOM · shares +72% · price +2.5% | 5.4% | $211.5M | +$3.0M | ||||||||
| BlockCL A · shares New | 4.6% | $178.9M | — | ||||||||
| Acv Auctions IncCOM CL A · shares −0.3% · price +33.8% | 4.5% | $176.8M | +$44.6M | ||||||||
| CrowdStrikeCL A · shares +45% · price +7.0% | 4.1% | $159.2M | +$7.2M | ||||||||
| Confluent IncCLASS A COM · shares +4.6% · price +46.7% | 3.6% | $141.5M | +$43.1M | ||||||||
| AMDCOM · shares −69% · price +16.2% | 3.5% | $136.4M | +$19.0M | ||||||||
| AmazonCOM · shares −17% · price +26.2% | 3.5% | $136.0M | +$28.2M | ||||||||
| SeaSPONSORD ADS · shares New | 3.1% | $122.3M | — | ||||||||
| Dicks Sporting Goods IncCOM · shares −45% · price −6.8% | 3.1% | $120.3M | −$8.8M | ||||||||
| Deckers Outdoor CorpCOM · shares −34% · price +17.4% | 2.9% | $114.2M | +$16.9M | ||||||||
| Marvell Technology IncCOM · shares −69% · price +38.1% | 2.5% | $96.2M | +$26.5M | ||||||||
| Pinterest IncCL A · shares +97% · price +0.3% | 2.4% | $92.0M | +$119,545 | ||||||||
| Planet Fitness IncCL A · shares New | 2.1% | $82.3M | — | ||||||||
| Elastic N VORD SHS · shares New | 2.0% | $78.9M | — | ||||||||
| Mgm Resorts InternationalCOM · shares −30% · price −1.1% | 2.0% | $78.1M | −$888,735 | ||||||||
| MicronCOM · shares +33% · price +4.6% | 2.0% | $77.2M | +$2.6M | ||||||||
| Bill Holdings IncCOM · shares −40% · price +44.0% | 1.8% | $68.2M | +$20.9M | ||||||||
| Wayfair IncCL A · shares +146% · price +89.3% | 1.6% | $62.0M | +$11.9M | ||||||||
| Las Vegas Sands CorpCOM · shares New | 1.6% | $61.3M | — | ||||||||
| Hewlett Packard EnterpriseCOM · shares New | 1.3% | $52.1M | — | ||||||||
| TeslaCOM · shares −60% · price +26.2% | 1.3% | $48.8M | +$10.1M | ||||||||
| Total · 33 positions | 100% | $3.89B | +$370.6M |
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 Q1 2023 to Q2 2023: 24 stocks held throughout, up $370.6M (+21.9%).
- Everpure+$82.1M+44%
- Rh+$60.1M+35%
- Acv Auctions Inc+$44.6M+34%
- Confluent Inc+$43.1M+47%
- Amazon+$28.2M+26%
- Amplitude Inc−$269,100−12%
- Mgm Resorts International−$888,735−1%
- Sonder Holdings Inc−$4.6M−30%
- Dicks Sporting Goods Inc−$8.8M−7%
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 ↗ |