Institutional 13F · Context Only · Never a Buy List机构 13F · 仅供参考 · 非买入清单
Coatue Management
tiger_crossover
D
Reliability improving可靠性走强
leaderboard rank榜单排名 #37FADE淡出
Book持仓规模
$48.6B
long US listed only仅美股多头
Positions持仓数
66
97% resolved已解析
Top-10 concentration前十集中度
62%
% of book占组合%
Turnover换手
LOW
22.6% per quarter每季
Median excess中位超额
-27%
buys vs SPY, since filing买入相对SPY，自披露起 · n 358
Hit rate胜率
29%
share of buys beating SPY跑赢SPY的买入占比
Core lean — the 10-second read核心倾向 — 10秒速读
Core lean: Technology (Equal-Weight) — added MU, INTC, MSFT, AMD (+13.3pp of book this quarter)核心倾向：信息技术（等权） — 本季度加仓 MU、INTC、MSFT、AMD（占组合 +13.3pp）
Technology (Equal-Weight)信息技术（等权）
+13.3pp
37.0% of book held占组合持有
· 11 names标的
· US Sectors (EW)
MU
INTC
MSFT
AMD
Magnificent Seven七巨头
+11.6pp
17.1% of book held占组合持有
· 6 names标的
· AI & Technology
AMZN
GOOGLMSFT
AI InfrastructureAI 基础设施
+10.8pp
33.5% of book held占组合持有
· 9 names标的
· AI & Technology
MU
CBRSAMD
Memory, HBM & Storage内存、HBM 与存储
+7.5pp
7.5% of book held占组合持有
· 1 names标的
· Semiconductors
MU
Space Economy太空经济
+6.5pp
6.5% of book held占组合持有
· 1 names标的
· Industrials & Defense
SPCX
Consumer Discretionary (Equal-Weight)非必需消费（等权）
+6.2pp
6.5% of book held占组合持有
· 4 names标的
· US Sectors (EW)
AMZN
CVNA
Descriptive read of the latest filing — themes clustered from curated baskets (Finviz fallback), added-pp = Σ % of book bought this quarter. Not a forecast.基于最新披露的描述性解读——主题按精选篮子聚类（Finviz 兜底），added-pp = 本季度买入占组合百分比之和。非预测。
Grade & excess history评级与超额历史
per-quarter buy cohorts, scored on public filing dates vs SPY — descriptive ranks in a curated survivor cohort按季度买入队列，以公开披露日为锚相对SPY评分——精选幸存者队列中的描述性排名Reliability可靠性: improving走强 · 13 scored quarters已评分季度 · 8% positive为正 · recent-4 median近4季中位 -9% vs all-time对全期 -22%
Median excess by quarter各季度中位超额: ▂▄▃█▆▃▃▅▆▇▆▇ (oldest → newest, shifted by the series minimum so negatives render由旧到新，按序列最小值平移以呈现负值)
| Quarter季度 | Buys买入数 | Median excess中位超额 | Hit胜率 | Median fwd 63d中位前瞻63日 |
|---|---|---|---|---|
| 2023-06-30 | 38 | -70% | 32% | -1% |
| 2023-09-30 | 26 | -52% | 27% | +1% |
| 2023-12-31 | 39 | -35% | 26% | -3% |
| 2024-03-31 | 45 | -50% | 24% | -10% |
| 2024-06-30 | 17 | +1% | 53% | +3% |
| 2024-09-30 | 25 | -15% | 20% | +12% |
| 2024-12-31 | 20 | -42% | 25% | -2% |
| 2025-03-31 | 35 | -43% | 23% | +3% |
| 2025-06-30 | 25 | -22% | 16% | -13% |
| 2025-09-30 | 21 | -14% | 38% | -11% |
| 2025-12-31 | 23 | -3% | 48% | -9% |
| 2026-03-31 | 29 | -14% | 28% | -15% |
| 2026-06-30 | 15 | -1% | 40% | — |
Sector exposure & rotation行业配置与轮动
value-weighted, latest filing; QoQ deltas vs prior quarter按市值加权，最新披露；季度环比变化对上季Current weights当前权重 · 2026-06-30
Technology
46.2%
▲ +4.8pp
Unclassified
14.1%
▲ +10.3pp
Industrials
12.1%
▼ -3.6pp
Communication Services
10.2%
▼ -6.7pp
Consumer Cyclical
6.4%
▼ -0.2pp
Financial
3.5%
▲ +0.2pp
Real Estate
2.8%
▼ -1.0pp
Utilities
2.4%
▼ -2.1pp
Healthcare
2.1%
▼ -1.1pp
Consumer Defensive
0.2%
▼ -0.1pp
Theme categories主题类别
AI & Technology 49.4%
Energy & Power 13.2%
US Sectors (EW) 8.5%
Industrials & Defense 6.5%
Artificial Intelligence 2.4%
Financials 0.8%
Rotating into (QoQ)轮入（环比）
Technology +4.8pp
Financial +0.2pp
Rotating out of (QoQ)轮出（环比）
Communication Services -6.7pp
Industrials -3.6pp
Utilities -2.1pp
Quarter history — top-3 sectors季度历史 — 前三大行业
| 2026-06-30 | Technology 46% · Unclassified 14% · Industrials 12% |
| 2026-03-31 | Technology 41% · Communication Services 17% · Industrials 16% |
| 2025-12-31 | Technology 44% · Communication Services 22% · Industrials 11% |
| 2025-09-30 | Technology 47% · Communication Services 22% · Industrials 10% |
| 2025-06-30 | Technology 45% · Communication Services 18% · Industrials 10% |
| 2025-03-31 | Technology 40% · Communication Services 20% · Consumer Cyclical 12% |
| 2024-12-31 | Technology 40% · Communication Services 17% · Industrials 12% |
| 2024-09-30 | Technology 37% · Communication Services 14% · Industrials 13% |
| 2024-06-30 | Technology 48% · Communication Services 13% · Industrials 11% |
| 2024-03-31 | Technology 45% · Communication Services 14% · Consumer Cyclical 12% |
| 2023-12-31 | Technology 44% · Communication Services 17% · Consumer Cyclical 14% |
| 2023-09-30 | Technology 39% · Communication Services 20% · Consumer Cyclical 13% |
Full book完整持仓
every resolved position as filed — click a column header to sort. Conviction is a descriptive composite, not a forecast.截至披露日的全部已解析持仓——点击列头排序。信念分为描述性综合指标，非预测。64 positions shown项持仓 · resolved已解析 64/66 (97%) · unresolved CUSIPs are excluded from this table but counted in book totals未解析CUSIP不列入本表，但计入组合总额
| #↕ | Ticker标的 ↕ | Company公司 ↕ | % book仓位% ↕ | Value金额 ↕ | Action动作 ↕ | Δ sharesΔ股数 ↕ | Add streak连加季数 ↕ | Conviction信念分 ↕ | Sector行业 ↕ | Themes主题 | Since filing自披露 ↕ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |  TSM |
Taiwan Semiconductor Manufac | 8.8% | $4.3B | hold | -4% | — | 70 · HIGH | Technology | Compute, Compute, Foundries | -1% |
| 2 |  LRCX |
Lam Research Corp | 8.4% | $4.1B | hold | -6% | — | 70 · MODERATE | Technology | AI Infrastructure, Semiconductor Equipment (WFE), Technology (Equal-Weight) | -19% |
| 3 | MU |
Micron Technology Inc | 7.5% | $3.6B | add | +1794% | 2q | 79 · HIGH | Technology | AI Infrastructure, Memory, HBM & Storage, Technology (Equal-Weight) | -7% |
| 4 | SPCX |
Space Exploration Techn Corp | 6.5% | $3.2B | new | — | 1q | 73 · HIGH | — | Space Economy | +3% |
| 5 |  AMAT |
Applied Matls Inc | 6.3% | $3.0B | trim | -20% | — | 68 · MODERATE | Technology | AI Infrastructure, Semiconductor Equipment (WFE), Technology (Equal-Weight) | -19% |
| 6 |  GEV |
Ge Vernova Inc | 6.2% | $3.0B | hold | -1% | — | 67 · MODERATE | Industrials | Power & Grid Buildout, Data-Center Power & Cooling, Nuclear & SMR Power | -17% |
| 7 | AMZN |
Amazon Com Inc | 5.8% | $2.8B | add | +49% | 1q | 72 · HIGH | Consumer Cyclical | Magnificent Seven, Consumer Discretionary (Equal-Weight) | -1% |
| 8 |  AVGO |
Broadcom Inc | 4.5% | $2.2B | hold | +6% | — | 66 · MODERATE | Technology | AI Infrastructure, AI Semiconductors, Technology (Equal-Weight) | -11% |
| 9 |  ETN |
Eaton Corp Plc | 4.3% | $2.1B | hold | +5% | — | 66 · MODERATE | Industrials | Power & Grid Buildout, Reshoring & Industrial Capex, Data-Center Power & Cooling | -12% |
| 10 | GOOGL |
Alphabet Inc | 3.6% | $1.7B | add | +13% | 1q | 70 · HIGH | Communication Services | Magnificent Seven, AI Software & Platforms, Quantum Computing | +3% |
| 11 | INTC |
Intel Corp | 3.5% | $1.7B | new | — | 1q | 64 · MODERATE | Technology | Technology (Equal-Weight) | -5% |
| 12 | CBRS |
Cerebras Systems Inc | 3.2% | $1.5B | new | — | 1q | 54 · MODERATE | — | AI Infrastructure, AI Semiconductors | -27% |
| 13 |  META |
Meta Platforms Inc | 2.9% | $1.4B | trim | -10% | — | 48 · MODERATE | Communication Services | Magnificent Seven, AI Software & Platforms, Communication Services (Equal-Weight) | +19% |
| 14 |  EQIX |
Equinix Inc | 2.7% | $1.3B | add | +17% | 2q | 58 · MODERATE | Real Estate | Real Estate (Equal-Weight) | -4% |
| 15 |  NVDA |
Nvidia Corporation | 2.5% | $1.2B | hold | -4% | — | 47 · MODERATE | Technology | Magnificent Seven, AI Infrastructure, AI Semiconductors | -5% |
| 16 |  CEG |
Constellation Energy Corp | 2.4% | $1.2B | hold | +0% | — | 47 · MODERATE | Utilities | Power & Grid Buildout, Nuclear & SMR Power, Utilities (Equal-Weight) | -3% |
| 17 |  FPS |
Forgent Power Solutions Inc | 2.4% | $1.1B | new | — | 1q | 51 · MODERATE | — | — | -17% |
| 18 |  HUT |
Hut 8 Corp | 2.3% | $1.1B | new | — | 1q | 51 · MODERATE | Financial | AI Neoclouds & HPC Hosting | +5% |
| 19 | MSFT |
Microsoft Corp | 2.2% | $1.1B | add | +18% | 1q | 50 · MODERATE | Technology | Magnificent Seven, AI Software & Platforms, Quantum Computing | +7% |
| 20 |  NTRA |
Natera Inc | 1.4% | $680M | hold | -1% | — | 35 · LOW | Healthcare | Diagnostics | +4% |
| 21 |  APP |
Applovin Corp | 1.2% | $603M | hold | -9% | — | 34 · LOW | Technology | AI Software & Platforms, AI Agents & Applications, Technology (Equal-Weight) | +9% |
| 22 |  SPOT |
Spotify Technology S A | 1.2% | $602M | hold | -1% | — | 34 · LOW | Communication Services | Music | +14% |
| 23 |  RDDT |
Reddit Inc | 1.0% | $484M | hold | +0% | — | 33 · LOW | Communication Services | Networks, Advertising, Niche | +0% |
| 24 |  NFLX |
Netflix Inc. | 0.7% | $336M | trim | -32% | — | 32 · LOW | Communication Services | Communication Services (Equal-Weight) | +7% |
| 25 |  GOOG |
Alphabet Inc | 0.7% | $321M | trim | -19% | — | 32 · LOW | Communication Services | Communication Services (Equal-Weight) | +3% |
| 26 |  ISRG |
Intuitive Surgical Inc | 0.7% | $316M | hold | -7% | — | 31 · LOW | Healthcare | Robotics & Automation, Health Care (Equal-Weight) | -2% |
| 27 |  FCNCA |
First Ctzns Bancshares Inc D | 0.6% | $290M | hold | +0% | — | 31 · LOW | Financial | Regional Banks | -2% |
| 28 |  VRT |
Vertiv Holdings Co | 0.6% | $270M | trim | -18% | — | 30 · LOW | Industrials | AI Infrastructure, Power & Grid Buildout, Data-Center Power & Cooling | -17% |
| 29 |  QCOM |
Qualcomm Inc | 0.5% | $256M | hold | +0% | — | 30 · LOW | Technology | AI Infrastructure, AI Semiconductors, Technology (Equal-Weight) | +13% |
| 30 | CVNA |
Carvana Co | 0.4% | $216M | add | +382% | 1q | 34 · LOW | Consumer Cyclical | Consumer Discretionary (Equal-Weight) | +3% |
| 31 |  MTZ |
Mastec Inc | 0.4% | $215M | trim | -11% | — | 29 · LOW | Industrials | — | -23% |
| 32 |  CAI |
Caris Life Sciences Inc | 0.4% | $175M | hold | +0% | — | 28 · LOW | Financial | — | — |
| 33 |  SNPS |
Synopsys Inc | 0.3% | $142M | trim | -58% | — | 28 · LOW | Technology | Technology (Equal-Weight) | -2% |
| 34 |  GNRC |
Generac Hldgs Inc | 0.2% | $114M | hold | +0% | — | 27 · LOW | Industrials | Power & Grid Buildout, Reshoring & Industrial Capex, Industrials (Equal-Weight) | -14% |
| 35 |  SFM |
Sprouts Fmrs Mkt Inc | 0.2% | $102M | hold | +0% | — | 26 · LOW | Consumer Defensive | Grocery, Food, Farm-Direct | -8% |
| 36 |  DASH |
Doordash Inc | 0.2% | $97M | hold | -5% | — | 26 · LOW | Technology | Consumer Discretionary (Equal-Weight) | -3% |
| 37 |  ENPH |
Enphase Energy Inc | 0.2% | $77M | hold | -6% | — | 25 · LOW | Technology | Energy, Energy, Solar | -4% |
| 38 |  BAH |
Booz Allen Hamilton Hldg Cor | 0.1% | $66M | new | — | 1q | 20 · LOW | Industrials | CyberDefense | +2% |
| 39 | AMD |
Advanced Micro Devices Inc | 0.1% | $56M | new | — | 1q | 29 · LOW | Technology | AI Infrastructure, AI Semiconductors, Technology (Equal-Weight) | -1% |
| 40 |  PYPL |
Paypal Hldgs Inc | 0.1% | $54M | hold | +0% | — | 24 · LOW | Financial | Payments & Fintech, Financials (Equal-Weight) | -9% |
| 41 |  NVAX |
Novavax Inc | 0.1% | $36M | hold | +0% | — | 23 · LOW | Healthcare | — | +27% |
| 42 |  FIX |
Comfort Sys Usa Inc | 0.1% | $35M | new | — | 1q | 18 · LOW | Industrials | Power & Grid Buildout, Industrials (Equal-Weight) | -9% |
| 43 |  QS |
Quantumscape Corp | 0.1% | $32M | hold | +0% | — | 23 · LOW | Consumer Cyclical | Batteries, Energy | -13% |
| 44 |  UPST |
Upstart Hldgs Inc | 0.1% | $31M | hold | +0% | — | 22 · LOW | Financial | Payments & Fintech | -11% |
| 45 |  AGX |
Argan Inc | 0.1% | $29M | new | — | 1q | 16 · LOW | Industrials | — | -29% |
| 46 |  TSLA |
Tesla Inc | 0.1% | $25M | hold | +2% | — | 20 · LOW | Consumer Cyclical | Magnificent Seven, Consumer Discretionary (Equal-Weight) | +7% |
| 47 |  PINS |
Pinterest Inc | 0.1% | $25M | trim | -29% | — | 20 · LOW | Communication Services | Ads & Search, Social, Networks | -13% |
| 48 |  TTD |
The Trade Desk Inc | 0.1% | $25M | hold | +0% | — | 20 · LOW | Communication Services | Communication Services (Equal-Weight) | +13% |
| 49 |  Z |
Zillow Group Inc | 0.1% | $23M | hold | +0% | — | 20 · LOW | Real Estate | — | -3% |
| 50 |  ABR |
Arbor Realty Trust Inc | 0.1% | $23M | hold | +0% | — | 20 · LOW | Financial | — | -5% |
| 51 |  PATH |
Uipath Inc | 0.0% | $21M | trim | -14% | — | 18 · LOW | Technology | AI Agents & Applications | -7% |
| 52 |  MPT |
Medical Properties Trust Inc | 0.0% | $21M | hold | +0% | — | 18 · LOW | Real Estate | Healthcare | -1% |
| 53 |  RNG |
Ringcentral Inc | 0.0% | $16M | hold | +0% | — | 17 · LOW | Technology | Collaboration, Enterprise | +10% |
| 54 |  PTON |
Peloton Interactive Inc | 0.0% | $15M | hold | +0% | — | 17 · LOW | Consumer Cyclical | Sport | -5% |
| 55 |  ZG |
Zillow Group Inc | 0.0% | $10M | hold | +0% | — | 16 · LOW | — | — | -2% |
| 56 |  PLUG |
Plug Pwr Inc | 0.0% | $7M | hold | +0% | — | 15 · LOW | Industrials | Energy, Hydrogen | -4% |
| 57 |  SFIX |
Stitch Fix Inc | 0.0% | $3M | hold | +0% | — | 15 · LOW | Consumer Cyclical | Apparel | -8% |
| 58 |  OLPX |
Olaplex Hldgs Inc | 0.0% | $3M | hold | +0% | — | 15 · LOW | — | — | — |
| 59 |  LCID |
Lucid Group Inc | 0.0% | $2M | hold | +0% | — | 13 · LOW | Consumer Cyclical | Manufacturers, Next-Gen | -32% |
| 60 |  CHPT |
Chargepoint Holdings Inc | 0.0% | $910648 | hold | +0% | — | 13 · LOW | Consumer Cyclical | Charging | +55% |
| 61 |  HTZWW |
Hertz Global Hldgs Inc | 0.0% | $511007 | hold | +0% | — | 13 · LOW | — | — | -9% |
| 62 |  AMC |
Amc Entmt Hldgs Inc | 0.0% | $433458 | hold | +0% | — | 13 · LOW | Communication Services | — | +2% |
| 63 |  HTZ |
Hertz Global Hldgs Inc | 0.0% | $241954 | hold | +0% | — | 13 · LOW | Industrials | — | +7% |
| 64 |  BYND |
Beyond Meat Inc | 0.0% | $224914 | trim | -13% | — | 13 · LOW | Consumer Cyclical | Food, Alt Protein, Alt Protein | -11% |
Rotation detail轮动明细
this filing cycle, uncapped — adds/new and trims from the resolved book, exits from the rotation feed本披露周期，不设上限——新建/加仓与减持取自已解析持仓，清仓取自轮动数据Rotated into轮入 (15)
| MU add |
7.5% | -7% |
| SPCX new |
6.5% | +3% |
| AMZN add |
5.8% | -1% |
| GOOGL add |
3.6% | +3% |
| INTC new |
3.5% | -5% |
| CBRS new |
3.2% | -27% |
| EQIX add |
2.7% | -4% |
| FPS new |
2.4% | -17% |
| HUT new |
2.3% | +5% |
| MSFT add |
2.2% | +7% |
| CVNA add |
0.4% | +3% |
| BAH new |
0.1% | +2% |
| AMD new |
0.1% | -1% |
| FIX new |
0.1% | -9% |
| AGX new |
0.1% | -29% |
Rotated out of轮出 (15)
| AMAT trim |
-20% | -19% |
| META trim |
-10% | +19% |
| NFLX trim |
-32% | +7% |
| GOOG trim |
-19% | +3% |
| VRT trim |
-18% | -17% |
| MTZ trim |
-11% | -23% |
| SNPS trim |
-58% | -2% |
| PINS trim |
-29% | -13% |
| PATH trim |
-14% | -7% |
| BYND trim |
-13% | -11% |
 CHRW exit |
-100% | +11% |
 CHYM exit |
-100% | +6% |
 IBIT exit |
-100% | +25% |
 SOLS exit |
-100% | +0% |
 V exit |
-100% | +6% |
Trade log交易记录
last 40 graded trades, filing-date anchored, newest first — variable hold vs SPY最近40笔已评分交易，以披露日为锚，最新在前——持有期不定，相对SPYNo graded trades available for this fund.该基金暂无已评分交易。
Caveats注意事项 —
13F = quarterly, ~45-day lag, reported long positions from managers with at least $100M in Section 13(f) securities. No shorts, no cash, no non-US positions. This desk is context — ownership is never a directional signal here.13F = 季度披露，约45天滞后，仅含美股多头且持仓≥1亿美元。不含空头、现金或非美股仓位。本台仅为背景参考——持仓数据在此永远不是方向性信号。
Grades and reliability are descriptive ranks within a curated survivor cohort — they measure what filings did after their filing dates, not a manager-selection edge. Conviction and core-lean reads are descriptive composites earning a forward record via the pre-registered ledger (L5); sector/theme classification applies the current map to history.评级与可靠性为精选幸存者队列中的描述性排名——衡量披露日之后持仓的表现，而非经理选择能力。信念分与核心倾向为描述性综合指标，通过预注册账本（L5）积累前瞻记录；行业/主题分类将当前映射应用于历史。