Institutional 13F · Context Only · Never a Buy List机构 13F · 仅供背景参考 · 非买入清单
Coatue Management
tiger_crossover
C
Reliability improving可靠性走强
leaderboard rank榜单排名 #35WATCH观察
Book持仓规模
$29.1B
long US listed only仅美股多头
Positions持仓数
62
97% resolved已解析
Top-10 concentration前十集中度
65%
% of book占组合%
Turnover换手
LOW
22.0% per quarter每季
Median excess中位超额
-19%
buys vs SPY, since filing买入相对SPY，自申报起 · n 279
Hit rate胜率
36%
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: Real Estate (Equal-Weight) — added EQIX (+3.7pp of book this quarter)核心倾向：房地产（等权） — 本季度加仓 EQIX（占组合 +3.7pp）
Real Estate (Equal-Weight)房地产（等权）
+3.7pp
3.7% of book held占组合持有
· 1 names标的
· US Sectors (EW)
EQIX
AI InfrastructureAI 基础设施
+1.6pp
24.9% of book held占组合持有
· 7 names标的
· AI & Technology
VRT
QCOM
MU
Industrials (Equal-Weight)工业（等权）
+1.2pp
15.0% of book held占组合持有
· 5 names标的
· US Sectors (EW)
VRT
CHRW
Power & Grid Buildout电力与电网
+0.8pp
19.1% of book held占组合持有
· 5 names标的
· Energy & Power
VRT
Data-Center Power & Cooling数据中心电力与散热
+0.8pp
14.4% of book held占组合持有
· 3 names标的
· Energy & Power
VRT
Payments & Fintech支付与金融科技
+0.8pp
1.0% of book held占组合持有
· 3 names标的
· Financials
V
UPST
Descriptive read of the latest filing — themes clustered from curated baskets (Finviz fallback), added-pp = Σ % of book bought this quarter. Not a forecast.基于最新申报的描述性解读——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，以公开申报日为锚相对SPY评分——精选幸存者队列中的描述性排名Reliability可靠性: improving走强 · 12 scored quarters已评分季度 · 17% positive为正 · recent-4 median近4季中位 -13% vs all-time对全期 -23%
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 | 30 | -31% | 40% | +3% |
| 2023-09-30 | 21 | -24% | 29% | +5% |
| 2023-12-31 | 35 | -22% | 29% | -3% |
| 2024-03-31 | 34 | -25% | 44% | -11% |
| 2024-06-30 | 15 | +33% | 60% | +2% |
| 2024-09-30 | 25 | -19% | 24% | +12% |
| 2024-12-31 | 19 | -40% | 26% | -3% |
| 2025-03-31 | 23 | -27% | 22% | +2% |
| 2025-06-30 | 21 | -22% | 29% | -10% |
| 2025-09-30 | 18 | -26% | 28% | -15% |
| 2025-12-31 | 20 | +9% | 70% | -2% |
| 2026-03-31 | 18 | -3% | 39% | — |
Sector exposure & rotation行业配置与轮动
value-weighted, latest filing; QoQ deltas vs prior quarter按市值加权，最新申报；季度环比变化对上季Current weights当前权重 · 2026-03-31
Technology
41.4%
▼ -2.7pp
Communication Services
16.9%
▼ -5.6pp
Industrials
15.7%
▲ +5.1pp
Consumer Cyclical
6.7%
▼ -3.1pp
Utilities
4.5%
▼ -0.8pp
Real Estate
3.9%
▲ +3.8pp
Unclassified
3.8%
▲ +1.6pp
Financial
3.3%
▲ +0.5pp
Healthcare
3.2%
▲ +0.5pp
Basic Materials
0.4%
▲ +0.4pp
Consumer Defensive
0.3%
▲ +0.2pp
Theme categories主题类别
AI & Technology 45.4%
Energy & Power 18.3%
US Sectors (EW) 9.6%
Financials 1.9%
Industrials 1.4%
Artificial Intelligence 0.1%
Rotating into (QoQ)轮入（环比）
Industrials +5.1pp
Real Estate +3.8pp
Healthcare +0.5pp
Rotating out of (QoQ)轮出（环比）
Communication Services -5.6pp
Consumer Cyclical -3.1pp
Technology -2.7pp
Quarter history — top-3 sectors季度历史 — 前三大行业
| 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% |
| 2023-06-30 | Technology 42% · Communication Services 18% · Consumer Cyclical 16% |
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.截至申报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。60 positions shown项持仓 · resolved已解析 60/62 (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自申报 ↕ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |  TSM |
Taiwan Semiconductor Manufac | 10.8% | $3.1B | hold | +8% | — | 70 · HIGH | Technology | Compute, Compute, Foundries | -1% |
| 2 |  GEV |
Ge Vernova Inc | 7.7% | $2.2B | trim | -24% | — | 69 · MODERATE | Industrials | Power & Grid Buildout, Data-Center Power & Cooling, Nuclear & SMR Power | +3% |
| 3 |  LRCX |
Lam Research Corp | 7.4% | $2.1B | hold | +2% | — | 69 · MODERATE | Technology | AI Infrastructure, Semiconductor Equipment (WFE), Technology (Equal-Weight) | +7% |
| 4 |  AMAT |
Applied Matls Inc | 6.2% | $1.8B | trim | -12% | — | 68 · MODERATE | Technology | AI Infrastructure, Semiconductor Equipment (WFE), Technology (Equal-Weight) | +20% |
| 5 |  AVGO |
Broadcom Inc | 5.9% | $1.7B | hold | -0% | — | 68 · MODERATE | Technology | AI Infrastructure, AI Semiconductors, Technology (Equal-Weight) | -11% |
| 6 |  ETN |
Eaton Corp Plc | 5.8% | $1.7B | hold | +1% | — | 67 · MODERATE | Industrials | Power & Grid Buildout, Reshoring & Industrial Capex, Data-Center Power & Cooling | +0% |
| 7 |  AMZN |
Amazon Com Inc | 5.7% | $1.7B | trim | -20% | — | 66 · MODERATE | Consumer Cyclical | Magnificent Seven, Consumer Discretionary (Equal-Weight) | -6% |
| 8 |  META |
Meta Platforms Inc | 5.5% | $1.6B | trim | -26% | — | 66 · MODERATE | Communication Services | Magnificent Seven, AI Software & Platforms, Communication Services (Equal-Weight) | +5% |
| 9 |  CEG |
Constellation Energy Corp | 4.5% | $1.3B | trim | -22% | — | 65 · MODERATE | Utilities | Power & Grid Buildout, Nuclear & SMR Power, Utilities (Equal-Weight) | -6% |
| 10 |  GOOGL |
Alphabet Inc | 4.3% | $1.2B | trim | -37% | — | 65 · MODERATE | Communication Services | Magnificent Seven, AI Software & Platforms, Quantum Computing | -12% |
| 11 |  NVDA |
Nvidia Corporation | 3.8% | $1.1B | trim | -31% | — | 49 · MODERATE | Technology | Magnificent Seven, AI Infrastructure, AI Semiconductors | -10% |
| 12 | EQIX |
Equinix Inc | 3.7% | $1.1B | new | — | 1q | 64 · MODERATE | Real Estate | Real Estate (Equal-Weight) | -4% |
| 13 |  MSFT |
Microsoft Corp | 3.2% | $918M | trim | -52% | — | 48 · MODERATE | Technology | Magnificent Seven, AI Software & Platforms, Quantum Computing | -5% |
| 14 |  NFLX |
Netflix Inc. | 2.3% | $663M | trim | -36% | — | 47 · MODERATE | Communication Services | Communication Services (Equal-Weight) | -23% |
| 15 |  SPOT |
Spotify Technology S A | 2.2% | $641M | trim | -46% | — | 47 · MODERATE | Communication Services | Music | +12% |
| 16 |  APP |
Applovin Corp | 1.8% | $513M | trim | -41% | — | 46 · MODERATE | Technology | AI Software & Platforms, AI Agents & Applications, Technology (Equal-Weight) | -16% |
| 17 |  NTRA |
Natera Inc | 1.8% | $508M | hold | -4% | — | 46 · MODERATE | Healthcare | Diagnostics | — |
| 18 |  ISRG |
Intuitive Surgical Inc | 1.4% | $394M | hold | +6% | — | 35 · LOW | Healthcare | Robotics & Automation, Health Care (Equal-Weight) | -17% |
| 19 |  RDDT |
Reddit Inc | 1.3% | $376M | trim | -50% | — | 34 · LOW | Communication Services | Networks, Advertising, Niche | +14% |
| 20 |  GOOG |
Alphabet Inc | 1.1% | $320M | trim | -44% | — | 34 · LOW | Communication Services | Communication Services (Equal-Weight) | -11% |
| 21 |  SNPS |
Synopsys Inc | 1.0% | $302M | trim | -54% | — | 33 · LOW | Technology | Technology (Equal-Weight) | -25% |
| 22 |  FCNCA |
First Ctzns Bancshares Inc D | 0.9% | $263M | hold | +0% | — | 33 · LOW | Financial | Regional Banks | +7% |
| 23 | VRT |
Vertiv Holdings Co | 0.8% | $246M | add | +18% | 2q | 42 · LOW | Industrials | AI Infrastructure, Power & Grid Buildout, Data-Center Power & Cooling | -22% |
| 24 | V |
Visa Inc | 0.8% | $217M | new | — | 1q | 27 · LOW | Financial | Payments & Fintech, Financials (Equal-Weight) | +10% |
| 25 |  CVNA |
Carvana Co | 0.7% | $214M | trim | -65% | — | 31 · LOW | Consumer Cyclical | Consumer Discretionary (Equal-Weight) | -5% |
| 26 |  CHYM |
Chime Finl Inc | 0.7% | $189M | hold | +0% | — | 30 · LOW | Financial | — | — |
| 27 |  MTZ |
Mastec Inc | 0.7% | $188M | trim | -14% | — | 30 · LOW | Industrials | — | -19% |
| 28 | QCOM |
Qualcomm Inc | 0.6% | $179M | new | — | 1q | 34 · LOW | Technology | AI Infrastructure, AI Semiconductors, Technology (Equal-Weight) | -16% |
| 29 |  CAI |
Caris Life Sciences Inc | 0.6% | $176M | hold | +0% | — | 29 · LOW | Financial | — | — |
| 30 |  SOLS |
Solstice Advanced Matls Inc | 0.4% | $126M | new | — | 1q | 23 · LOW | Basic Materials | — | -34% |
| 31 | CHRW |
C H Robinson Worldwide In | 0.3% | $95M | add | +68% | 2q | 38 · LOW | Industrials | Industrials (Equal-Weight) | +26% |
| 32 |  SFM |
Sprouts Fmrs Mkt Inc | 0.3% | $93M | add | +100% | 2q | 37 · LOW | Consumer Defensive | Grocery, Food, Farm-Direct | -13% |
| 33 |  DASH |
Doordash Inc | 0.3% | $83M | trim | -87% | — | 26 · LOW | Technology | Consumer Discretionary (Equal-Weight) | +18% |
| 34 |  GNRC |
Generac Hldgs Inc | 0.3% | $76M | hold | +6% | — | 26 · LOW | Industrials | Power & Grid Buildout, Reshoring & Industrial Capex, Industrials (Equal-Weight) | -20% |
| 35 |  ENPH |
Enphase Energy Inc | 0.2% | $62M | new | — | 1q | 30 · LOW | Technology | Energy, Energy, Solar | -26% |
| 36 |  PYPL |
Paypal Hldgs Inc | 0.2% | $56M | trim | -27% | — | 25 · LOW | Financial | Payments & Fintech, Financials (Equal-Weight) | +28% |
| 37 | MU |
Micron Technology Inc | 0.2% | $56M | new | — | 1q | 20 · LOW | Technology | AI Infrastructure, Memory, HBM & Storage, Technology (Equal-Weight) | +19% |
| 38 |  ABR |
Arbor Realty Trust Inc | 0.1% | $32M | new | — | 1q | 18 · LOW | Financial | — | -11% |
| 39 |  TTD |
The Trade Desk Inc | 0.1% | $31M | new | — | 1q | 28 · LOW | Communication Services | Communication Services (Equal-Weight) | -12% |
| 40 |  NVAX |
Novavax Inc | 0.1% | $31M | new | — | 1q | 28 · LOW | Healthcare | — | — |
| 41 |  PINS |
Pinterest Inc | 0.1% | $31M | new | — | 1q | 28 · LOW | Communication Services | Ads & Search, Social, Networks | +17% |
| 42 |  Z |
Zillow Group Inc | 0.1% | $31M | new | — | 1q | 28 · LOW | Real Estate | — | — |
| 43 |  QS |
Quantumscape Corp | 0.1% | $27M | add | +16% | 1q | 26 · LOW | Consumer Cyclical | Batteries, Energy | — |
| 44 |  PATH |
Uipath Inc | 0.1% | $25M | new | — | 1q | 26 · LOW | Technology | AI Agents & Applications | +18% |
| 45 | UPST |
Upstart Hldgs Inc | 0.1% | $22M | new | — | 1q | 24 · LOW | Financial | Payments & Fintech | -3% |
| 46 |  TSLA |
Tesla Inc | 0.1% | $22M | trim | -96% | — | 19 · LOW | Consumer Cyclical | Magnificent Seven, Consumer Discretionary (Equal-Weight) | -13% |
| 47 |  MPT |
Medical Properties Trust Inc | 0.1% | $21M | hold | +0% | — | 18 · LOW | Real Estate | Healthcare | -6% |
| 48 |  RNG |
Ringcentral Inc | 0.1% | $15M | new | — | 1q | 23 · LOW | Technology | Collaboration, Enterprise | -1% |
| 49 |  ZG |
Zillow Group Inc | 0.1% | $14M | new | — | 1q | 23 · LOW | — | — | — |
| 50 |  PTON |
Peloton Interactive Inc | 0.0% | $11M | new | — | 1q | 21 · LOW | Consumer Cyclical | Sport | +23% |
| 51 |  PLUG |
Plug Pwr Inc | 0.0% | $6M | new | — | 1q | 21 · LOW | Industrials | Energy, Hydrogen | — |
| 52 |  LCID |
Lucid Group Inc | 0.0% | $3M | new | — | 1q | 20 · LOW | Consumer Cyclical | Manufacturers, Next-Gen | +17% |
| 53 |  IBIT |
Ishares Bitcoin Trust Etf | 0.0% | $3M | hold | +0% | — | 15 · LOW | — | Crypto & Digital Rails | -17% |
| 54 |  OLPX |
Olaplex Hldgs Inc | 0.0% | $3M | new | — | 1q | 20 · LOW | — | — | — |
| 55 |  SFIX |
Stitch Fix Inc | 0.0% | $2M | new | — | 1q | 20 · LOW | Consumer Cyclical | Apparel | — |
| 56 |  HTZWW |
Hertz Global Hldgs Inc | 0.0% | $1M | new | — | 1q | 18 · LOW | — | — | — |
| 57 |  CHPT |
Chargepoint Holdings Inc | 0.0% | $748858 | new | — | 1q | 18 · LOW | Consumer Cyclical | Charging | — |
| 58 |  HTZ |
Hertz Global Hldgs Inc | 0.0% | $492454 | new | — | 1q | 18 · LOW | Industrials | — | -69% |
| 59 |  BYND |
Beyond Meat Inc | 0.0% | $240925 | new | — | 1q | 18 · LOW | Consumer Defensive | Food, Alt Protein, Alt Protein | — |
| 60 |  AMC |
Amc Entmt Hldgs Inc | 0.0% | $223573 | new | — | 1q | 18 · LOW | Communication Services | — | — |
Rotation detail轮动明细
this filing cycle, uncapped — adds/new and trims from the resolved book, exits from the rotation feed本申报周期，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 (29)
| EQIX new |
3.7% | -4% |
| VRT add |
0.8% | -22% |
| V new |
0.8% | +10% |
| QCOM new |
0.6% | -16% |
| SOLS new |
0.4% | -34% |
| CHRW add |
0.3% | +26% |
| SFM add |
0.3% | -13% |
| ENPH new |
0.2% | -26% |
| MU new |
0.2% | +19% |
| ABR new |
0.1% | -11% |
| TTD new |
0.1% | -12% |
| NVAX new |
0.1% | — |
| PINS new |
0.1% | +17% |
| Z new |
0.1% | — |
| QS add |
0.1% | — |
| PATH new |
0.1% | +18% |
| UPST new |
0.1% | -3% |
| RNG new |
0.1% | -1% |
| ZG new |
0.1% | — |
| PTON new |
0.0% | +23% |
| PLUG new |
0.0% | — |
| LCID new |
0.0% | +17% |
| OLPX new |
0.0% | — |
| SFIX new |
0.0% | — |
| HTZWW new |
0.0% | — |
| CHPT new |
0.0% | — |
| HTZ new |
0.0% | -69% |
| BYND new |
0.0% | — |
| AMC new |
0.0% | — |
Rotated out of轮出 (29)
| GEV trim |
-24% | +3% |
| AMAT trim |
-12% | +20% |
| AMZN trim |
-20% | -6% |
| META trim |
-26% | +5% |
| CEG trim |
-22% | -6% |
| GOOGL trim |
-37% | -12% |
| NVDA trim |
-31% | -10% |
| MSFT trim |
-52% | -5% |
| NFLX trim |
-36% | -23% |
| SPOT trim |
-46% | +12% |
| APP trim |
-41% | -16% |
| RDDT trim |
-50% | +14% |
| GOOG trim |
-44% | -11% |
| SNPS trim |
-54% | -25% |
| CVNA trim |
-65% | -5% |
| MTZ trim |
-14% | -19% |
| DASH trim |
-87% | +18% |
| PYPL trim |
-27% | +28% |
| TSLA trim |
-96% | -13% |
 ADBE exit |
-100% | -6% |
 AMD exit |
-100% | +18% |
 ARM exit |
-100% | +29% |
 AXON exit |
-100% | +34% |
 EXPD exit |
-100% | +14% |
 MCO exit |
-100% | +17% |
 MRNA exit |
-100% | +21% |
 MRVL exit |
-100% | +10% |
 NAVN exit |
-100% | +50% |
 ORCL exit |
-100% | -37% |
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，以申报日为锚，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, long-only US listed ≥$100M. 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——衡量申报日之后持仓的表现，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。