Atreides Management

Gavin Baker

Latest filing · Q2 2026

Bought more than soldFiled Aug 14, 2026 for holdings on Jun 30, 2026, 45 days after the quarter ended. The next one is due by Nov 14, 2026.

Stocks reported

$11.1B

as of Jun 30, 2026

Positions

all shown below

Top 10 stocks

76.3%

of the money in stocks

Options

on $3.19B of stock

What changed in Q2 2026

compared with Q1 2026, by number of shares

New buys13

SPCXSpaceX41.9%
CBRSCerebras Systems6.2%
METAMeta Platforms2.0%
APHAmphenol1.0%
GTLBGitlab0.9%
CIFRCipher Digital0.8%
IOTSamsara0.7%
PDFSPdf Solutions0.4%
and 5 more in the filing

Added to25

CRWVCoreweave162% more
PANWPalo Alto Networks56.1% more
WIXWix.com124% more
AKAMAkamai Technologies33.4% more
MAMastercard88.8% more
CRDOCredo Technology Group3.5% more
AFRMAffirm6.6% more
CIENCiena1.7% more
and 17 more in the filing

Trimmed7

ALABAstera Labs63.9% fewer
UUnity Software17.3% fewer
MUMicron Technology6.5% fewer
WWayfair41.0% fewer
TWLOTwilio21.8% fewer
GOOGLAlphabet12.0% fewer
DKSDick's Sporting Goods17.1% fewer

Exited18

LITELumentumwas 4.6%
ECHOEchostarwas 2.9%
ZMZoom Communicationswas 2.6%
RKTRocket Coswas 2.1%
VSTVistrawas 1.9%
RBLXRobloxwas 1.9%
HUBSHubSpotwas 1.4%
SNPSSynopsyswas 1.3%
and 10 more in the filing

Portfolio

as of Jun 30, 2026 · source

#	Holding	Weight	Value	Shares	Vs last quarter	Held since
1	SPCXSpaceX New	41.9%	$4.67B	27.3M	New	Q2 2026
2	MUMicron Technology Trimmed −6.5%	7.4%	$821M	711K	Trimmed −6.5%	≤ Q4 2019
3	CBRSCerebras Systems New	6.2%	$687M	3.1M	New	Q2 2026
4	ALABAstera Labs Trimmed −63.9%	5.3%	$588M	1.2M	Trimmed −63.9%	Q1 2024
5	CIENCiena Added +1.7%	3.0%	$338M	689K	Added +1.7%	Q3 2023
6	CRDOCredo Technology Group Added +3.5%	2.8%	$307M	1.1M	Added +3.5%	Q1 2026
7	PANWPalo Alto Networks Added +56.1%	2.7%	$299M	877K	Added +56.1%	Q1 2026
8	UUnity Software Trimmed −17.3%	2.6%	$293M	10.2M	Trimmed −17.3%	Q4 2024
9	COHRCoherent Added +1.7%	2.3%	$253M	642K	Added +1.7%	Q3 2023
10	NVDANVIDIA	2.2%	$250M	1.2M	No change	≤ Q4 2019
11	AMZNAmazon.com Added +1.7%	2.1%	$231M	970K	Added +1.7%	Q1 2020
12	METAMeta Platforms New	2.0%	$227M	403K	New	≤ Q4 2019
13	CRWVCoreweave Added +162%	1.9%	$212M	2.1M	Added +162%	Q1 2025
14	GOOGLAlphabet Trimmed −12.0%	1.6%	$175M	488K	Trimmed −12.0%	≤ Q4 2019
15	TWLOTwilio Trimmed −21.8%	1.3%	$149M	720K	Trimmed −21.8%	≤ Q4 2019
16	APHAmphenol New	1.0%	$113M	640K	New	Q2 2026
17	AKAMAkamai Technologies Added +33.4%	1.0%	$108M	911K	Added +33.4%	Q1 2026
18	AFRMAffirm Added +6.6%	0.9%	$104M	1.3M	Added +6.6%	Q3 2024
19	GTLBGitlab New	0.9%	$103M	3.4M	New	Q3 2024
20	INTCIntel Added +1.5%	0.8%	$92.7M	664K	Added +1.5%	Q2 2020

Show 26 more

21	SMTCSemtech Added +1.7%	0.8%	$89.2M	551K	Added +1.7%	Q2 2025
22	CIFRCipher Digital New	0.8%	$87.9M	3.6M	New	Q2 2026
23	TSLATesla Added +1.7%	0.8%	$85.9M	204K	Added +1.7%	≤ Q4 2019
24	DKSDick's Sporting Goods Trimmed −17.1%	0.8%	$85.1M	375K	Trimmed −17.1%	Q4 2020
25	WWayfair Trimmed −41.0%	0.7%	$78.0M	844K	Trimmed −41.0%	≤ Q4 2019
26	AMBQAmbiq Micro Added +1.7%	0.7%	$77.4M	877K	Added +1.7%	Q3 2025
27	IOTSamsara New	0.7%	$74.9M	2.3M	New	Q1 2022
28	Acv Auctions Added +1.7%	0.6%	$71.2M	9.9M	Added +1.7%	Q1 2021
29	COMPCompass Added +1.7%	0.6%	$69.8M	5.7M	Added +1.7%	Q4 2025
30	WIXWix.com Added +124%	0.6%	$66.2M	1.5M	Added +124%	Q1 2021
31	MAMastercard Added +88.8%	0.4%	$48.1M	94K	Added +88.8%	Q4 2021
32	PDFSPdf Solutions New	0.4%	$46.6M	659K	New	Q2 2026
33	TTANServicetitan New	0.3%	$38.3M	542K	New	Q2 2025
34	FERGFerguson Enterprises Added +1.0%	0.3%	$35.1M	148K	Added +1.0%	Q4 2024
35	NOKNokia Added +1.7%	0.3%	$33.5M	2.5M	Added +1.7%	Q1 2026
36	ROGRogers Added +1.7%	0.3%	$31.0M	189K	Added +1.7%	Q2 2025
37	NTRANatera New	0.3%	$28.3M	104K	New	Q2 2026
38	WRBYWarby Parker Added +1.7%	0.2%	$21.2M	699K	Added +1.7%	Q4 2025
39	VECOVeeco Instruments Added +1.7%	0.2%	$18.0M	238K	Added +1.7%	Q1 2026
40	NBISNebius Group Added +1.7%	0.2%	$17.7M	64K	Added +1.7%	Q1 2026
41	INIOInnio New	0.1%	$13.8M	349K	New	Q2 2026
42	EQPTEquipmentshare.com Added +1.7%	<0.1%	$4.3M	217K	Added +1.7%	Q1 2026
43	TBLATaboola.com Added +1.7%	<0.1%	$4.2M	835K	Added +1.7%	Q2 2021
44	QNTQuantinuum New	<0.1%	$3.3M	40K	New	Q2 2026
45	FRVOFervo Energy New	<0.1%	$291K	9,959	New	Q2 2026
46	BTGOBitgo Holdings Added +1.7%	<0.1%	$153K	30K	Added +1.7%	Q1 2026

Values at quarter end, not today's prices.

Options in the filing

not counted in weights or the record

putQQQInvesco QQQ Trust Series 1on $2.36B
callMETAMeta Platformson $676M
callCBRSCerebras Systemson $155M

Filing history

27 quarters since Q4 2019

Quarter	Filed	Lag	Stocks	Positions	Filing
Q2 2026	Aug 14, 2026	45d	$11.1B	46	EDGAR
Q1 2026	May 18, 2026	48d	$4.10B	51	EDGAR
Q4 2025	Feb 17, 2026	48d	$4.71B	49	EDGAR
Q3 2025	Nov 14, 2025	45d	$3.85B	56	EDGAR
Q2 2025	Aug 14, 2025	45d	$3.60B	48	EDGAR
Q1 2025	May 15, 2025	45d	$2.75B	41	EDGAR
Q4 2024	Feb 14, 2025	45d	$3.19B	44	EDGAR
Q3 2024	Nov 14, 2024	45d	$2.96B	35	EDGAR
Q2 2024	Aug 14, 2024	45d	$3.06B	40	EDGAR
Q1 2024	May 15, 2024	45d	$3.33B	34	EDGAR
Q4 2023	Feb 14, 2024	45d	$2.78B	32	EDGAR
Q3 2023	Nov 14, 2023	45d	$2.88B	27	EDGAR
Q2 2023	Aug 14, 2023	45d	$3.29B	31	EDGAR
Q1 2023	May 15, 2023	45d	$2.82B	30	EDGAR
Q4 2022	Feb 14, 2023	45d	$2.54B	34	EDGAR
Q3 2022	Nov 14, 2022	45d	$2.70B	37	EDGAR
Q2 2022	Aug 15, 2022	46d	$2.42B	39	EDGAR
Q1 2022	May 16, 2022	46d	$2.81B	36	EDGAR
Q4 2021	Feb 14, 2022	45d	$3.16B	35	EDGAR
Q3 2021	Nov 15, 2021	46d	$3.90B	37	EDGAR
Q2 2021	Aug 16, 2021	47d	$3.91B	41	EDGAR
Q1 2021	May 17, 2021 *	47d	$3.10B	47	EDGAR
Q4 2020	Feb 16, 2021	47d	$1.51B	36	EDGAR
Q3 2020	Nov 16, 2020	47d	$860M	29	EDGAR
Q2 2020	Aug 14, 2020	45d	$694M	25	EDGAR
Q1 2020	May 15, 2020	45d	$452M	24	EDGAR
Q4 2019	Feb 14, 2020	45d	$413M	25	EDGAR

They usually file 45 days after the quarter ends. * amended later.

Earlier filings, quarter by quarter

Aug 14
NewSPCX41.9% of the bookNewCBRS6.2% of the bookNewMETA2.0% of the bookNewAPH1.0% of the bookAddedCRWV162% more sharesAddedPANW56.1% more shares
Holdings as of Jun 30 (Q2 2026), filed 45 days later (the report at the SEC)
May 18
NewZM2.6% of the bookNewCRDO2.5% of the bookNewPANW2.2% of the bookNewVST1.9% of the bookAddedALAB109% more sharesAddedU86.9% more shares
Holdings as of Mar 31 (Q1 2026), filed 48 days later (the report at the SEC)
Feb 17
NewWIX2.7% of the bookNewECHO2.1% of the bookNewWING2.0% of the bookNewCOMP2.0% of the bookAddedALAB2,497% more sharesAddedNVDA235% more shares
Holdings as of Dec 31 (Q4 2025), filed 48 days later (the report at the SEC)
Nov 14
NewHUBS3.0% of the bookNewCOHR2.6% of the bookNewINTU2.4% of the bookNewINTC2.3% of the bookAddedMU929% more sharesAddedGTLB38.9% more shares
Holdings as of Sep 30 (Q3 2025), filed 45 days later (the report at the SEC)
Aug 14
NewP5.7% of the bookNewDKS4.8% of the bookNewCIEN2.9% of the bookNewTTAN1.9% of the bookAddedGTLB867% more sharesAddedGOOGL403% more shares
Holdings as of Jun 30 (Q2 2025), filed 45 days later (the report at the SEC)
May 15
NewMETA5.0% of the bookNewNVDA4.3% of the bookNewCRWV2.5% of the bookNewSNPS2.4% of the bookAddedALAB153% more sharesAddedU147% more shares
Holdings as of Mar 31 (Q1 2025), filed 45 days later (the report at the SEC)

About Atreides Management: Technology and consumer growth stocks. A 13F is up to 45 days old when filed and shows long US stock positions only. Not investment advice.