Atreides Management

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 202611 names$1.4B+$61.6M
• Q1 202613 names · $32.9M in calls, not in the total$1.0B+$228M
• Q4 202512 names · $201M in calls, not in the total$1.2B+$38.3M
• Q3 202516 names$1.2B+$461M
• Q2 202510 names$732M−$140M
• Q1 202511 names$751M+$32.3M
• Q4 202411 names$821M+$377M
• Q3 20246 names$426M−$37.2M
• Q2 20248 names$522M−$7.9M
• Q1 20247 names$523M+$52.4M
• Q4 20237 names · $77.4M in calls, not in the total$470M+$107M
• Q3 20234 names$356M−$77.2M
• Q2 20235 names$493M+$161M
• Q1 20235 names · $68.7M in calls, not in the total$300M−$161M
• Q4 20227 names$461M−$20.5M
• Q3 20228 names$496M−$91.1M
• Q2 20229 names · $36.9M in calls, not in the total$617M+$2.1B
• Q1 20227 names$619M+$2.0M
• Q4 20217 names · $37.8M in calls, not in the total$741M+$274M
• Q3 20214 names · $44.8M in calls, not in the total$634M+$106M
• Q2 20219 names$581M−$26.8M
• Q1 202110 names · $56.7M in calls, not in the total$544M+$178M
• Q4 20209 names$346M+$45.1M
• Q3 20206 names$215M+$62.9M
• Q2 20205 names$115M−$44.0M
• Q1 20206 names$101M+$69.1M
• Q4 20194 names$56.2M—

What moved the book

The five software lines with the largest share change this quarter.

• HubSpotHUBS+$136M$114M
• IntuitINTU+$106M$92.3M
• GitLabGTLB+$69.1M$247M
• AtlassianTEAM+$62.0M$48.7M
• VaronisVRNS+$33.4M$37.8M

Software held

• GitLabGTLB5,470,305 shares · 20.3% of their software$247M+$69.1M
• UnityU6,111,553 shares · 20.1% of their software · price +$96.8M$245MFlat
• HubSpotHUBS243,434 shares · 9.4% of their software · price −$21.6M$114MNew · +$136M
• SnowflakeSNOW469,545 shares · 8.7% of their software · price +$836K$106M−$12.6M
• TwilioTWLO965,763 shares · 8.0% of their software · price −$23.4M$96.7M+$29.3M
• IntuitINTU135,178 shares · 7.6% of their software · price −$14.2M$92.3MNew · +$106M
• ServiceTitanTTAN626,227 shares · 5.2% of their software · price −$4.0M$63.1M−$1.6M
• Rubrik, Inc.RBRK752,752 shares · 5.1% of their software · price −$5.5M$61.9M+$25.2M
• AtlassianTEAM305,231 shares · 4.0% of their software · price −$13.2M$48.7MNew · +$62.0M
• VaronisVRNS658,415 shares · 3.1% of their software · price +$4.4M$37.8MNew · +$33.4M
• SamsaraIOT711,215 shares · 2.2% of their software · price −$1.8M$26.5MNew · +$28.3M
• SynopsysSNPS38,876 shares · 1.6% of their software · price −$750K$19.2MNew · +$19.9M
• JFrogFROG397,244 shares · 1.5% of their software · price +$1.4M$18.8MNew · +$17.4M
• Five9FIVN735,151 shares · 1.5% of their software · price −$1.7M$17.8M−$5.8M
• AppLovinAPP17,378 shares · 1.0% of their software · price +$6.4M$12.5MNew · +$6.1M
• CoreWeave, Inc.CRWV62,904 shares · 0.7% of their software · price −$1.6M$8.6M−$14.9M