Coatue·AI Growth Specialist

Philippe Laffont / Coatue

AI 인프라와 애플리케이션 소프트웨어 양쪽의 성장주 선호 변화를 추적합니다.

GPU와 AI 네트워킹을 동시에 늘리면서 SaaS 일부를 줄였습니다. AI 밸류체인의 병목 자산 쪽으로 자본이 더 붙은 분기입니다.
13F Value
$25.74B
$1.82B
AI Exposure
63.8%
+6.9p
Filing
2026-05-15
Mock accession
실제 SEC 13F 캐시

COATUE MANAGEMENT LLC · 2025-12-31 2026-03-31 · accession 0000919574-26-003501

13F Value
$29.06B
-$10.91B
Holdings
62
10
Unmapped CUSIP
36
raw rows 198

SEC Top 매수

NEW
EQIX EQUINIX INC
Shares +100.0%
$1.07B
NEW
ASML ASML HLDG NV
Shares +100.0%
$655M
ADD
TSM TAIWAN SEMICONDUCTOR MANUFAC
Shares +7.6%
$515M
ADD
LRCX LAM RESEARCH CORP
Shares +2.4%
$467M
NEW
V VISA INC
Shares +100.0%
$217M

SEC Top 매도

TRIM
MSFT MICROSOFT CORP
Shares -52.0%
-$1.58B
TRIM
APP APPLOVIN CORP
Shares -41.0%
-$959M
TRIM
25809K105 DOORDASH INC
Shares -87.4%
-$906M
TRIM
GOOGL ALPHABET INC
Shares -37.0%
-$901M
TRIM
RDDT REDDIT INC
Shares -49.7%
-$900M

최근 4개 분기 변화

Q2 2025
Q3 2025
Q4 2025
Q1 2026

AI 세그먼트별 비중

Power & Energy18.0% · -$556M
Consumer AI16.7% · -$4.13B
Semiconductor Equipment15.8% · $1.38B
Foundry10.8% · $515M
Cloud Platform8.8% · -$3.09B
AI Networking5.9% · -$380M
Data Center Infra4.5% · $1.18B
AI Semiconductor4.4% · -$950M
AI Software1.8% · -$1.81B
Healthcare AI1.4% · -$63M
Memory0.2% · $56M
Robotics & Industrial AI0.1% · -$716M
Financial AI0.0% · -$33M

전체 보유 종목 변화

TickerChangeShares NowShares PrevShares %Value NowValue ChangeWeightAI SegmentAIConvictionFreshness
MSFT
MICROSOFT CORP
TRIM2,480,0175,171,976-52.0%$918M-$1.58B3.2%Cloud Platform8650신선도 보통
EQIX
EQUINIX INC
NEW1,090,886N/A+100.0%$1.07B$1.07B3.7%Data Center Infra7279신선도 보통
APP
APPLOVIN CORP
TRIM1,290,0082,185,747-41.0%$513M-$959M1.8%AI Software6033신선도 보통
미매핑
DOORDASH INC
TRIM551,8084,365,365-87.4%$83M-$906M0.3%Unmapped / Non-AI040신선도 보통
GOOGL
ALPHABET INC
TRIM4,313,4266,841,436-37.0%$1.24B-$901M4.3%Consumer AI8035신선도 보통
RDDT
REDDIT INC
TRIM2,789,8915,550,241-49.7%$376M-$900M1.3%Consumer AI4833신선도 보통
META
META PLATFORMS INC
TRIM2,812,0563,781,949-25.6%$1.61B-$888M5.5%Consumer AI7834신선도 보통
ORCL
ORACLE CORP
EXITN/A4,440,008-100.0%N/A-$865MN/ACloud Platform7061신선도 보통
CEG
CONSTELLATION ENERGY CORP
TRIM4,632,4755,907,174-21.6%$1.29B-$793M4.5%Power & Energy7129신선도 보통
SPOT
SPOTIFY TECHNOLOGY S A
TRIM1,320,9142,450,881-46.1%$641M-$783M2.2%Consumer AI4531신선도 보통
TSLA
TESLA INC
TRIM58,8381,641,406-96.4%$22M-$716M0.1%Robotics & Industrial AI7039신선도 보통
ASML
ASML HLDG NV
NEW496,234N/A+100.0%$655M$655M2.3%Semiconductor Equipment8862신선도 보통
AMZN
AMAZON COM INC
TRIM7,930,7669,932,265-20.2%$1.65B-$641M5.7%Cloud Platform8328신선도 보통
CVNA
CARVANA CO
TRIM681,0001,958,229-65.2%$214M-$612M0.7%Unmapped / Non-AI030신선도 보통
NVDA
NVIDIA CORPORATION
TRIM6,331,6209,203,338-31.2%$1.10B-$612M3.8%AI Semiconductor10027신선도 보통
SNOW
SNOWFLAKE INC
EXITN/A2,480,963-100.0%N/A-$544MN/AAI Software6851신선도 보통
TSM
TAIWAN SEMICONDUCTOR MANUFAC
ADD9,283,5478,629,524+7.6%$3.14B$515M10.8%Foundry9079신선도 보통
미매핑
SYNOPSYS INC
TRIM761,7601,656,489-54.0%$302M-$476M1.0%Unmapped / Non-AI025신선도 보통
LRCX
LAM RESEARCH CORP
ADD10,043,5059,805,565+2.4%$2.15B$467M7.4%Semiconductor Equipment8256신선도 보통
NFLX
NETFLIX INC.
TRIM6,893,56010,861,355-36.5%$663M-$356M2.3%Consumer AI4620신선도 보통
미매핑
NU HLDGS LTD
TRIM29,333,57645,750,363-35.9%$422M-$344M1.5%Unmapped / Non-AI018신선도 보통
GOOG
ALPHABET INC
TRIM1,115,8852,000,536-44.2%$320M-$308M1.1%Consumer AI8019신선도 보통
ADBE
ADOBE INC
EXITN/A874,150-100.0%N/A-$306MN/AAI Software6044신선도 보통
AMD
ADVANCED MICRO DEVICES INC
EXITN/A1,239,043-100.0%N/A-$265MN/AAI Semiconductor8443신선도 보통
AMAT
APPLIED MATLS INC
TRIM5,248,2025,984,332-12.3%$1.79B$256M6.2%Semiconductor Equipment8446신선도 보통
ARM
ARM HOLDINGS PLC
EXITN/A2,300,000-100.0%N/A-$251MN/AAI Semiconductor7843신선도 보통
V
VISA INC
NEW718,753N/A+100.0%$217M$217M0.7%Unmapped / Non-AI044신선도 보통
AVGO
BROADCOM INC
HOLD5,503,8525,510,227-0.1%$1.70B-$204M5.9%AI Networking9232신선도 보통
ETN
EATON CORP PLC
HOLD4,748,4984,721,223+0.6%$1.70B$195M5.8%Power & Energy6040신선도 보통
QCOM
QUALCOMM INC
NEW1,387,312N/A+100.0%$179M$179M0.6%AI Semiconductor5742신선도 보통
MRVL
MARVELL TECHNOLOGY INC
EXITN/A2,079,046-100.0%N/A-$177MN/AAI Networking8240신선도 보통
미매핑
ROCKET COS INC
EXITN/A6,747,052-100.0%N/A-$131MN/AUnmapped / Non-AI039신선도 보통
미매핑
SOLSTICE ADVANCED MATLS INC
NEW1,654,589N/A+100.0%$126M$126M0.4%Unmapped / Non-AI040신선도 보통
VRT
VERTIV HOLDINGS CO
ADD981,633828,947+18.4%$246M$112M0.8%Data Center Infra8012신선도 보통
미매핑
NATERA INC
TRIM2,541,8422,633,334-3.5%$508M-$95M1.7%Unmapped / Non-AI012신선도 보통
미매핑
CARIS LIFE SCIENCES INC
HOLD9,819,9929,819,9920.0%$176M-$89M0.6%Unmapped / Non-AI012신선도 보통
미매핑
AXON ENTERPRISE INC
EXITN/A155,387-100.0%N/A-$88MN/AUnmapped / Non-AI038신선도 보통
미매핑
INFOSYS LTD
EXITN/A4,574,706-100.0%N/A-$82MN/AUnmapped / Non-AI037신선도 보통
미매핑
CHIME FINL INC
HOLD10,071,99210,071,9920.0%$189M-$65M0.6%Unmapped / Non-AI012신선도 보통
ISRG
INTUITIVE SURGICAL INC
ADD855,225807,234+5.9%$394M-$63M1.4%Healthcare AI4812신선도 보통
미매핑
ENPHASE ENERGY INC
NEW1,647,893N/A+100.0%$62M$62M0.2%Unmapped / Non-AI038신선도 보통
MU
MICRON TECHNOLOGY INC
NEW165,931N/A+100.0%$56M$56M0.2%Memory7837신선도 보통
미매핑
EXPEDITORS INTL WASH INC
EXITN/A365,987-100.0%N/A-$55MN/AUnmapped / Non-AI037신선도 보통
미매핑
SPROUTS FMRS MKT INC
ADD1,203,773601,886+100.0%$93M$45M0.3%Unmapped / Non-AI028신선도 보통
미매핑
PAYPAL HLDGS INC
TRIM1,243,5901,697,505-26.7%$56M-$43M0.2%Unmapped / Non-AI012신선도 보통
GEV
GE VERNOVA INC
TRIM2,572,3583,370,174-23.7%$2.25B$43M7.7%Power & Energy5855신선도 보통
미매핑
MASTEC INC
TRIM583,597677,909-13.9%$188M$40M0.6%Unmapped / Non-AI012신선도 보통
미매핑
C H ROBINSON WORLDWIDE IN
ADD573,010341,024+68.0%$95M$40M0.3%Unmapped / Non-AI020신선도 보통
미매핑
CHAGEE HLDGS LTD
EXITN/A3,174,115-100.0%N/A-$37MN/AUnmapped / Non-AI036신선도 보통
미매핑
FIRST CTZNS BANCSHARES INC D
HOLD139,498139,4980.0%$263M-$36M0.9%Unmapped / Non-AI012신선도 보통
SPGI
S&P GLOBAL INC
EXITN/A63,451-100.0%N/A-$33MN/AFinancial AI5036신선도 보통
MCO
MOODYS CORP
EXITN/A64,260-100.0%N/A-$33MN/AUnmapped / Non-AI036신선도 보통
미매핑
ARBOR REALTY TRUST INC
NEW4,196,885N/A+100.0%$32M$32M0.1%Unmapped / Non-AI036신선도 보통
미매핑
THE TRADE DESK INC
NEW1,387,089N/A+100.0%$31M$31M0.1%Unmapped / Non-AI036신선도 보통
미매핑
NOVAVAX INC
NEW3,836,986N/A+100.0%$31M$31M0.1%Unmapped / Non-AI036신선도 보통
미매핑
PINTEREST INC
NEW1,678,764N/A+100.0%$31M$31M0.1%Unmapped / Non-AI036신선도 보통
미매핑
ZILLOW GROUP INC
NEW739,700N/A+100.0%$31M$31M0.1%Unmapped / Non-AI036신선도 보통
미매핑
GENERAC HLDGS INC
ADD390,513369,210+5.8%$76M$26M0.3%Unmapped / Non-AI012신선도 보통
미매핑
UIPATH INC
NEW2,269,557N/A+100.0%$25M$25M0.1%Unmapped / Non-AI036신선도 보통
미매핑
UPSTART HLDGS INC
NEW870,947N/A+100.0%$22M$22M0.1%Unmapped / Non-AI036신선도 보통
미매핑
RINGCENTRAL INC
NEW411,351N/A+100.0%$15M$15M0.1%Unmapped / Non-AI036신선도 보통
미매핑
ZILLOW GROUP INC
NEW328,189N/A+100.0%$14M$14M0.0%Unmapped / Non-AI036신선도 보통
미매핑
QUANTUMSCAPE CORP
ADD4,294,9953,694,995+16.2%$27M-$11M0.1%Unmapped / Non-AI012신선도 보통
미매핑
PELOTON INTERACTIVE INC
NEW2,500,000N/A+100.0%$11M$11M0.0%Unmapped / Non-AI035신선도 보통
미매핑
NAVAN INC
EXITN/A599,280-100.0%N/A-$10MN/AUnmapped / Non-AI035신선도 보통
미매핑
MODERNA INC
EXITN/A200,000-100.0%N/A-$6MN/AUnmapped / Non-AI035신선도 보통
미매핑
PLUG PWR INC
NEW2,545,243N/A+100.0%$6M$6M0.0%Unmapped / Non-AI035신선도 보통
미매핑
LUCID GROUP INC
NEW295,393N/A+100.0%$3M$3M0.0%Unmapped / Non-AI035신선도 보통
미매핑
OLAPLEX HLDGS INC
NEW1,264,968N/A+100.0%$3M$3M0.0%Unmapped / Non-AI035신선도 보통
미매핑
STITCH FIX INC
NEW735,373N/A+100.0%$2M$2M0.0%Unmapped / Non-AI035신선도 보통
미매핑
MEDICAL PROPERTIES TRUST INC
HOLD4,525,3984,525,3980.0%$21M-$2M0.1%Unmapped / Non-AI012신선도 보통
미매핑
HERTZ GLOBAL HLDGS INC
NEW468,814N/A+100.0%$1M$1M0.0%Unmapped / Non-AI035신선도 보통
미매핑
ISHARES BITCOIN TRUST ETF
HOLD67,22667,2260.0%$3M-$755K0.0%Unmapped / Non-AI012신선도 보통
미매핑
CHARGEPOINT HOLDINGS INC
NEW154,086N/A+100.0%$749K$749K0.0%Unmapped / Non-AI035신선도 보통
미매핑
WEBULL CORP
EXITN/A74,334-100.0%N/A-$578KN/AUnmapped / Non-AI035신선도 보통
미매핑
HERTZ GLOBAL HLDGS INC
NEW106,823N/A+100.0%$492K$492K0.0%Unmapped / Non-AI035신선도 보통
미매핑
BEYOND MEAT INC
NEW343,393N/A+100.0%$241K$241K0.0%Unmapped / Non-AI035신선도 보통
미매핑
AMC ENTMT HLDGS INC
NEW228,136N/A+100.0%$224K$224K0.0%Unmapped / Non-AI035신선도 보통
해석 주의

대형 운용사는 여러 전략과 팀의 포지션이 합쳐질 수 있습니다. 특히 멀티전략/퀀트 펀드는 Conviction Score보다 flow/crowdedness 지표로 해석하는 편이 적절합니다.