Q4 2025 · 13F-HR
Atreides Management, LPholdings as filed
Filed 2026-02-17 · accession 0001777813-26-000003
$8.18B
Reported value
56
Positions
2025-12-31
Period end
The Brief · Atreides Management, LP · Q4 2025
AI · grounded in 13F
Atreides Management, LP closed its position in DECK, reducing its exposure by $126.8M. The fund also exited positions in HUBS and INTU, selling $113.9M and $92.3M respectively. On the buy side, the fund increased its stake in ALAB by 2,496.6% and NVDA by 843.9%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46090E103 | QQQ | INVESCO QQQ TR | $2.15B | 26.3% | 3,500,000 | PUT | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $652.8M | 7.98% | 3,500,000 | CALL | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $359.1M | 4.39% | 1,925,231 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $334.0M | 4.08% | 1,428,230 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $292.6M | 3.58% | 6,625,439 | Common | SOLE |
| 74624M102 | P | PURE STORAGE INC | $279.9M | 3.42% | 4,177,675 | Common | SOLE |
| 04626A103 | ALAB | ASTERA LABS INC | $268.0M | 3.28% | 1,611,194 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $228.0M | 2.79% | 1,235,246 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $210.9M | 2.58% | 738,916 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $199.8M | 2.44% | 700,000 | PUT | SOLE |
| 19247G107 | COHR | COHERENT CORP | $166.1M | 2.03% | 900,000 | CALL | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $163.4M | 2.00% | 3,700,000 | CALL | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $161.0M | 1.97% | 514,339 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $158.8M | 1.94% | 687,799 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $141.1M | 1.72% | 382,805 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $129.6M | 1.58% | 1,247,457 | Common | SOLE |
| 37637K108 | GTLB | GITLAB INC | $119.2M | 1.46% | 3,177,083 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $105.0M | 1.28% | 478,754 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $103.1M | 1.26% | 1,384,941 | Common | SOLE |
| 90138F102 | TWLO | TWILIO INC | $102.0M | 1.25% | 716,946 | Common | SOLE |
| 74624M102 | P | PURE STORAGE INC | $100.5M | 1.23% | 1,500,000 | CALL | SOLE |
| 00091G104 | ACVA | ACV AUCTIONS INC | $99.5M | 1.22% | 12,411,800 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $97.9M | 1.20% | 901,084 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS INC | $97.2M | 1.19% | 490,828 | Common | SOLE |
| 974155103 | WING | WINGSTOP INC | $93.0M | 1.14% | 390,005 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $92.2M | 1.13% | 8,723,434 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $87.8M | 1.07% | 181,468 | Common | SOLE |
| 94419L101 | W | WAYFAIR INC | $87.4M | 1.07% | 870,864 | Common | SOLE |
| 81764X103 | TTAN | SERVICETITAN INC | $84.4M | 1.03% | 792,433 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $83.7M | 1.02% | 186,035 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $69.7M | 0.85% | 3,602,563 | Common | SOLE |
| 781154109 | RBRK | RUBRIK INC. | $68.5M | 0.84% | 895,029 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $65.1M | 0.80% | 405,759 | Common | SOLE |
| 049468101 | TEAM | ATLASSIAN CORPORATION | $64.6M | 0.79% | 398,230 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $59.9M | 0.73% | 105,469 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $54.8M | 0.67% | 3,272,998 | Common | SOLE |
| 816850101 | SMTC | SEMTECH CORP | $51.0M | 0.62% | 691,591 | Common | SOLE |
| 751212101 | RL | RALPH LAUREN CORP | $45.1M | 0.55% | 127,562 | Common | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $43.4M | 0.53% | 606,110 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $39.6M | 0.48% | 177,917 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $39.4M | 0.48% | 11,620 | Common | SOLE |
| 16935C109 | CHYM | CHIME FINL INC | $37.9M | 0.46% | 1,503,788 | Common | SOLE |
| 37637K108 | GTLB | GITLAB INC | $37.5M | 0.46% | 1,000,000 | CALL | SOLE |
| 81141R100 | SE | SEA LTD | $35.1M | 0.43% | 275,439 | Common | SOLE |
| 771049103 | RBLX | ROBLOX CORP | $31.6M | 0.39% | 389,571 | Common | SOLE |
| 030111207 | AMSC | AMERICAN SUPERCONDUCTOR CORP | $30.1M | 0.37% | 1,044,193 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $26.2M | 0.32% | 45,958 | Common | SOLE |
| M6191J100 | FROG | JFROG LTD | $25.3M | 0.31% | 404,276 | Common | SOLE |
| 368736104 | GNRC | GENERAC HLDGS INC | $24.9M | 0.30% | 182,765 | Common | SOLE |
| 023193105 | AMBQ | AMBIQ MICRO INC | $19.8M | 0.24% | 696,420 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $17.9M | 0.22% | 483,930 | Common | SOLE |
| 775133101 | ROG | ROGERS CORP | $15.7M | 0.19% | 171,920 | Common | SOLE |
| 71377A103 | PFGC | PERFORMANCE FOOD GROUP CO | $11.3M | 0.14% | 125,901 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $9.1M | 0.11% | 4,501 | Common | SOLE |
| 93403J106 | WRBY | WARBY PARKER INC | $8.6M | 0.10% | 393,085 | Common | SOLE |
| M8744T106 | TBLA | TABOOLA.COM LTD | $3.4M | 0.04% | 738,210 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.