- Philippe Laffont’s 13F portfolio value decreased from $11.82B to $11.67B this quarter.
- Coatue Management increased Global Payments (GPN) and Alibaba Group Holdings (BABA) while decreasing Intuit (INTU) and Salesforce.com (CRM).
- The largest three positions are Liberty Broadband (LBRDK), ServiceNow (NOW), and Alibaba Group Holdings (BABA) and they add up to ~19% of the portfolio.
Philippe Laffont’s 13F portfolio value decreased marginally
from $11.82B to $11.67B this quarter. Recent 13F reports have shown a total of
around 50 individual stock positions in the portfolio. The largest five stakes
are Liberty Broadband (LBRDK), ServiceNow (NOW), Alibaba Group Holdings (BABA),
Global Payments (GPN), and Facebook Inc. (FB) and they add up to around ~30% of
the entire portfolio.
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Below is a summary:
Facebook Inc. (FB):
FB is a large (top five) 5.36% of the portfolio position. The original stake is
from Q3 2013 at prices between $24 and $51. The position has wavered. Recent
activity follow. H1 2018 saw a ~30% increase at prices between $152 and $202
while next quarter there was a similar reduction at prices between $160 and
$218. There was a ~10% stake increase in Q4 2018 while next quarter saw a ~18%
selling. The stock is now at $211.
Liberty Broadband (LBRDK):
LBRDK is currently the largest position at ~7% of the portfolio. It was
established in Q2 2016 at prices between $55 and $60. The stock is now at $128.
Below is a spreadsheet that shows the changes to Philippe
Laffont's Coatue Management 13F long portfolio holdings as of Q3 2019. For a
look at how the portfolio has progressed, see our previous update:
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