Coatue Management Bullish On AI, Electric Vehicles In Q2 While Cautious On Chinese Equities
Portfolio Pulse from AJ Fabino
Coatue Management, led by Philippe Laffont, has adjusted its portfolio in Q2 according to its latest 13F filing. The firm reduced its position in Nvidia by 6.7% and increased its shares in Microsoft by 67%. Amazon's stake was more than doubled, making it one of the top 10 holdings. Investments in the electric vehicle sector were increased, with Plug Power's exposure enhanced by 900%, and stakes in ChargePoint and Lucid Group increased by 600% and 370% respectively. Amid uncertainties around China's economic future, the firm significantly reduced holdings in Alibaba, Baidu, and JD.com.
August 14, 2023 | 8:35 pm
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POSITIVE IMPACT
Coatue Management more than doubled its stake in Amazon.
The increase in Amazon's shares by Coatue Management could potentially lead to a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Coatue Management increased its stakes in ChargePoint by 600%.
The increase in ChargePoint's shares by Coatue Management could potentially lead to a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Coatue Management increased its stakes in Lucid Group by 370%.
The increase in Lucid Group's shares by Coatue Management could potentially lead to a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Coatue Management increased its shares in Microsoft by 67%.
The increase in Microsoft's shares by Coatue Management could potentially lead to a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Coatue Management enhanced its exposure to Plug Power by 900%.
The increase in Plug Power's shares by Coatue Management could potentially lead to a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Coatue Management significantly reduced its holdings in Alibaba.
The reduction in Alibaba's shares by Coatue Management could potentially lead to a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Coatue Management significantly reduced its holdings in Baidu.
The reduction in Baidu's shares by Coatue Management could potentially lead to a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Coatue Management significantly reduced its holdings in JD.com.
The reduction in JD.com's shares by Coatue Management could potentially lead to a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Coatue Management reduced its position in Nvidia by 6.7%.
The reduction in Nvidia's shares by Coatue Management could potentially lead to a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80