Laffont's Coatue Management adds Li Auto, Alphabet, exits Visa and Shopify
Coatue Management, led by founder Phillipe Laffont, appeared to shed stocks that profited during the pandemic and bulked up on some tech giants during Q4 2022, according to its 13F filing.
For the quarter ended Dec. 31, 2022, the company added stakes in Charter Communications (NASDAQ:CHTR) with 166K shares, Google parent Alphabet (NASDAQ:GOOG) with ~361K shares, Li Auto (NASDAQ:LI) with about 1.42M shares, and SVB Financial (NASDAQ:SIVB), which owns Silicon Valley Bank, with 111K shares.

The firm exited its positions in Visa (NYSE:V), Shopify (NYSE:SHOP), Zoom Video Communications (NASDAQ:ZM), and Airbnb (NASDAQ:ABNB).
It increased its stakes in Moderna (NASDAQ:MRNA) to 6.39M shares from ~5.71M, Alibaba (NYSE:BABA) to 5.00M ADSs from 205K, (NASDAQ:AMD), and Microsoft (NASDAQ:MSFT) to ~379K shares from ~434K.
And reduced exposure to Rivian Automotive (NASDAQ:RIVN) to 8.33M shares from 19.6M, Uber (NYSE:UBER) to 3.69M shares from 16.6M, PayPal Holdings (NASDAQ:PYPL) to 1.60M shares from 4.69M shares, and Disney (NYSE:DIS) to ~147K shares from ~3.10M shares, according to the latest 13F filing.
See SA contributor John Vincent's analysis of Coatue Management's portfolio in Q3 2022.