13F filer · CIK 1777813 ↗
Atreides Management
You are looking at Q3 2024. See the latest, Q2 2026 →
Reported value
$3.93B
+28% on the quarter before
Positions
43
14 new · 11 sold out
Top 10
56.0%
of the value
Est. gain
+$83.0M
on stocks held all quarter
Est. return
+4.3%
on those stocks since Q2 2024
Positions as of Sep 30, 2024, 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 2024. Striped tiles are options.
Largest buys
Since Q2 2024, 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~$488.1MNew · 0.0% → 12.4%+1,000,000 underlying
- Astera Labs~$230.1MAdded · 5.5% → 9.6%+4,392,161 shares
- AMD~$168.0MAdded · 5.5% → 8.6%+1,023,767 shares
- SPDR S&P 500 ETF TrPUT~$143.4MNew · 0.0% → 3.7%+250,000 underlying
- Deckers Outdoor Corp~$94.3MNew · 0.0% → 2.4%+591,144 shares
- RhCALL~$83.6MNew · 0.0% → 2.1%+250,000 underlying
- AMDCALL~$82.0MNew · 0.0% → 2.1%+500,000 underlying
- Ulta Beauty Inc~$73.1MNew · 0.0% → 1.9%+187,780 shares
- Five Below Inc~$68.6MNew · 0.0% → 1.7%+777,011 shares
- SentinelOne~$52.6MAdded · 1.1% → 2.3%+2,200,594 shares
Largest sells
Since Q2 2024, 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.
- Marvell Technology Inc~$177.0MSold out · 5.8% → 0.0%−2,531,792 shares
- Hewlett Packard Enterprise~$126.6MSold out · 4.1% → 0.0%−5,979,283 shares
- Everpure~$99.3MSold out · 3.2% → 0.0%−1,547,138 shares
- Ciena~$84.6MCut · 5.7% → 3.5%−1,373,107 shares
- Bath & Body Works Inc~$76.5MCut · 4.3% → 0.8%−2,395,454 shares
- Sea~$62.7MCut · 4.1% → 2.6%−664,763 shares
- Datadog~$59.5MSold out · 1.9% → 0.0%−458,684 shares
- Block~$54.3MSold out · 1.8% → 0.0%−842,008 shares
- Alphabet~$52.7MCut · 3.2% → 0.9%−317,918 shares
- Samsara~$49.7MSold out · 1.6% → 0.0%−1,473,747 shares
Holdings
As of Sep 30, 2024. Changes are in shares against Jun 30, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Qqq TrPUTUNIT SER 1 · shares New | 12.4% | $488.1M | — | ||||||||
| Astera LabsCOM · shares +158% · price −13.4% | 9.6% | $375.6M | −$22.5M | ||||||||
| AMDCOM · shares +98% · price +1.2% | 8.6% | $338.7M | +$1.9M | ||||||||
| AmazonCOM · shares +19% · price −3.6% | 4.4% | $173.5M | −$5.4M | ||||||||
| TeslaCOM · shares −19% · price +32.2% | 3.8% | $148.9M | +$36.3M | ||||||||
| AdobeCOM · shares +8.0% · price −6.8% | 3.7% | $146.0M | −$9.9M | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares New | 3.7% | $143.4M | — | ||||||||
| CienaCOM NEW · shares −38% · price +27.8% | 3.5% | $136.7M | +$29.8M | ||||||||
| Elastic N VORD SHS · shares +57% · price −32.6% | 3.3% | $129.6M | −$39.9M | ||||||||
| RhCOM · shares +15% · price +36.8% | 3.0% | $117.4M | +$27.5M | ||||||||
| Acv Auctions IncCOM CL A · shares −27% · price +11.4% | 2.9% | $115.6M | +$11.8M | ||||||||
| LumentumCOM · shares +29% · price +24.5% | 2.7% | $107.2M | +$16.4M | ||||||||
| SeaSPONSORD ADS · shares −38% · price +32.0% | 2.6% | $101.3M | +$24.6M | ||||||||
| AppleCOM · shares +30% · price +10.6% | 2.5% | $99.0M | +$7.3M | ||||||||
| Deckers Outdoor CorpCOM · shares New | 2.4% | $94.3M | — | ||||||||
| SentinelOneCL A · shares +137% · price +13.6% | 2.3% | $91.0M | +$4.6M | ||||||||
| RhCALLCOM · shares New | 2.1% | $83.6M | — | ||||||||
| AMDCALLCOM · shares New | 2.1% | $82.0M | — | ||||||||
| Wayfair IncCL A · shares −10% · price +6.5% | 2.0% | $78.1M | +$4.8M | ||||||||
| Ralph Lauren CorpCL A · shares +28% · price +10.7% | 1.9% | $73.2M | +$5.5M | ||||||||
| Ulta Beauty IncCOM · shares New | 1.9% | $73.1M | — | ||||||||
| Five Below IncCOM · shares New | 1.7% | $68.6M | — | ||||||||
| MercadoLibreCOM · shares +7.7% · price +24.9% | 1.5% | $58.8M | +$10.9M | ||||||||
| Confluent IncCLASS A COM · shares +7.3% · price −31.0% | 1.4% | $55.2M | −$23.1M | ||||||||
| Astera LabsCALLCOM · shares New | 1.3% | $52.4M | — | ||||||||
| Total · 43 positions | 100% | $3.93B | +$83.0M |
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 2024 to Q3 2024: 29 stocks held throughout, up $83.0M (+4.3%).
- Tesla+$36.3M+32%
- Ciena+$29.8M+28%
- Rh+$27.5M+37%
- Sea+$24.6M+32%
- Lumentum+$16.4M+24%
- Adobe−$9.9M−7%
- Micron−$10.8M−21%
- Astera Labs−$22.5M−13%
- Confluent Inc−$23.1M−31%
- Elastic N V−$39.9M−33%
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 ↗ |