Atreides Management, L.P. 13F annual report

Atreides Management, L.P. is an investment fund managing more than $2.41 billion ran by Laura Malone. There are currently 38 companies in Mrs. Malone’s portfolio. The largest investments include Amazon.com and Meta Platforms Inc, together worth $549 million.

$2.41 billion Assets Under Management (AUM)

As of 8th August 2022, Atreides Management, L.P.’s top holding is 2,953,877 shares of Amazon.com currently worth over $314 million and making up 13.0% of the portfolio value. Relative to the number of outstanding shares of Amazon.com, Atreides Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 1,459,110 shares of Meta Platforms Inc worth $235 million, whose value fell 11.0% in the past six months. The third-largest holding is Dicks Sporting Goods worth $141 million and the next is Deckers Outdoor worth $100 million, with 392,226 shares owned.

Currently, Atreides Management, L.P.'s portfolio is worth at least $2.41 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Atreides Management, L.P.

The Atreides Management, L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Laura Malone serves as the General Counsel/Chief Compliance Officer at Atreides Management, L.P..

Recent trades

In the most recent 13F filing, Atreides Management, L.P. revealed that it had opened a new position in Meta Platforms Inc and bought 1,459,110 shares worth $235 million. This means they effectively own approximately 0.1% of the company. Meta Platforms Inc makes up 29.1% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Amazon.com by buying 2,856,431 additional shares. This makes their stake in Amazon.com total 2,953,877 shares worth $314 million. Amazon.com dropped approximately 0.1% in the past year.

On the other hand, there are companies that Atreides Management, L.P. is getting rid of from its portfolio. Atreides Management, L.P. closed its position in Intel on 15th August 2022. It sold the previously owned 4,165,110 shares for $215 million. Laura Malone also disclosed a decreased stake in Dish Network Corporation by 0.1%. This leaves the value of the investment at $81.3 million and 4,533,878 shares.

One of the largest hedge funds

The two most similar investment funds to Atreides Management, L.P. are Rgm Capital and Spire Wealth Management. They manage $2.41 billion and $2.42 billion respectively.


Laura Malone investment strategy

Atreides Management, L.P.’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 36.8% of the total portfolio value. The fund focuses on investments in the United States as 57.9% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 42% of the total holdings value. On the other hand, small-cap stocks make up only 2.6% of the portfolio. The average market cap of the portfolio companies is close to $95.9 billion.

The complete list of Atreides Management, L.P. trades based on 13F SEC filings

These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Amazon.com Inc.
2,931.30%
2,953,877
$313,731,000 13.01%
Meta Platforms Inc
Opened
1,459,110
$235,281,000 9.76%
Intel Corp.
Closed
4,165,110
$214,503,000
Okta Inc
Closed
779,392
$174,716,000
Uber Technologies Inc
Closed
3,429,612
$143,804,000
Dicks Sporting Goods, Inc.
45.20%
1,872,173
$141,106,000 5.85%
Micron Technology Inc.
Closed
1,469,677
$136,900,000
Mastercard Incorporated
Closed
336,645
$120,963,000
Disney Walt Co
Closed
733,927
$113,678,000
Deckers Outdoor Corp.
42.36%
392,226
$100,155,000 4.15%
Target Corp
Closed
410,151
$94,925,000
Hyatt Hotels Corporation
Opened
1,276,350
$94,335,000 3.91%
Crowdstrike Holdings Inc
Opened
559,146
$94,250,000 3.91%
Take-two Interactive Softwar
252.92%
768,289
$94,138,000 3.90%
Oracle Corp.
Opened
1,318,050
$92,092,000 3.82%
Block Inc
66.21%
1,484,706
$91,250,000 3.78%
Shopify Inc
Opened
2,757,609
$86,148,000 3.57%
Caesars Entertainment Inc Ne
121.72%
2,245,449
$86,001,000 3.57%
Bill.com Holdings Inc
Opened
750,737
$82,536,000 3.42%
Dish Network Corporation
12.59%
4,533,878
$81,292,000 3.37%
Dlocal Ltd
135.98%
2,937,282
$77,104,000 3.20%
Tesla Inc
118.73%
108,899
$73,335,000 3.04%
Coinbase Global Inc
Closed
276,938
$69,891,000
Farfetch Ltd
Opened
9,733,545
$69,692,000 2.89%
Vail Resorts Inc.
Opened
275,872
$60,154,000 2.49%
Marqeta Inc
Opened
7,130,782
$57,831,000 2.40%
Opendoor Technologies Inc.
Opened
11,057,188
$52,079,000 2.16%
Acv Auctions Inc
305.62%
7,936,215
$51,903,000 2.15%
Airbnb, Inc.
Opened
559,931
$49,879,000 2.07%
Confluent Inc
Opened
1,877,791
$43,640,000 1.81%
American Eagle Outfitters In
49.84%
3,793,903
$42,416,000 1.76%
Twilio Inc
26.67%
483,477
$40,520,000 1.68%
Elastic N.V
Closed
318,648
$39,222,000
ServiceNow Inc
Opened
81,781
$38,889,000 1.61%
Liberty Media Corp.
45.78%
543,058
$34,468,000 1.43%
Alphabet Inc
68.53%
14,827
$32,312,000 1.34%
MGM Resorts International
51.04%
1,000,051
$28,951,000 1.20%
AT&T Inc.
Opened
1,022,122
$21,424,000 0.89%
Grab Holdings Limited
Closed
2,940,660
$20,967,000
Samsara Inc.
Opened
1,297,137
$14,489,000 0.60%
Peloton Interactive Inc
Closed
323,120
$11,555,000
Sonder Holdings Inc
Opened
7,409,364
$7,706,000 0.32%
Hashicorp Inc
Closed
75,000
$6,828,000
Wayfair Inc
51.97%
150,312
$6,548,000 0.27%
Joby Aviation Inc
No change
1,000,000
$4,910,000 0.20%
Roku Inc
89.57%
56,281
$4,623,000 0.19%
Starry Group Holdings Inc
Opened
866,667
$3,571,000 0.15%
Taboola.com Ltd
No change
725,000
$1,834,000 0.08%
Owlet Inc
No change
500,000
$850,000 0.04%
Bird Global Inc
0.79%
217,712
$95,000 0.00%
No transactions found
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