How We Invest

13F FILER • GAVIN BAKER

Atreides Management

Gavin Baker — Atreides Management, LP

No writing by this manager has been read and indexed yet, so this page carries the filings only. Holdings come straight from the Form 13F-HR on EDGAR.

49

Positions

$14.3B

Reported Value

77%

In Top 10

—

Claims Indexed

Largest reported positions

ATREIDES MANAGEMENT, LP • CIK 0001777813 • 2026-06-30 • FILED 2026-08-14

WHAT CHANGED THIS QUARTER

In its Q2 2026 13F, filed Aug 14, 2026, Atreides Management reported 49 positions worth $11.1B in US-listed stock. The largest stock position is Space Exploration Techn Corp at 32.6% of the reported book, and the ten largest lines of any type make up 77% of it.

It opened 15 new positions, the largest stock positions being Space Exploration Techn Corp ($4.7B), Cerebras Systems Inc ($687.3M) and Meta Platforms Inc ($226.9M), and exited 20, the largest stock exits being Lumentum Hldgs Inc ($187.9M last quarter), Echostar Corp ($117.1M last quarter) and Zoom Communications Inc ($105.8M last quarter).

Among positions it already held, the biggest increases by share count were Coreweave Inc (+162%), Wix Com Ltd (+124%) and Mastercard Incorporated (+89%), and the biggest cuts were Astera Labs Inc (−64%), Wayfair Inc (−41%) and Twilio Inc (−22%).

Largest reported positions, quarter ended 2026-06-30
IssuerValueWeightShares QoQ
SPACE EXPLORATION TECHN CORP$4.7B32.6%New
INVESCO QQQ TR (Put)$2.4B16.4%+129%
MICRON TECHNOLOGY INC$821.1M5.7%-7%
CEREBRAS SYSTEMS INC$687.3M4.8%New
META PLATFORMS INC (Call)$675.9M4.7%New
ASTERA LABS INC$587.7M4.1%-64%
CIENA CORP$337.8M2.4%+2%
CREDO TECHNOLOGY GROUP HOLDI$307.1M2.1%+4%
PALO ALTO NETWORKS INC$299.1M2.1%+56%
UNITY SOFTWARE INC$292.8M2.0%-17%
COHERENT CORP$253.3M1.8%+2%
NVIDIA CORPORATION$250.0M1.7%+0%
AMAZON COM INC$231.1M1.6%+2%
META PLATFORMS INC$226.9M1.6%New
COREWEAVE INC$211.5M1.5%+162%
ALPHABET INC$174.5M1.2%-12%
CEREBRAS SYSTEMS INC (Call)$154.7M1.1%New
TWILIO INC$148.6M1.0%-22%
AMPHENOL CORP$112.9M0.8%New
AKAMAI TECHNOLOGIES INC$107.6M0.8%+33%

20 of 49 positions. 22.2% of reported value is options, where the figure is the notional value of the underlying rather than money spent. A 13F covers long US-listed positions at a quarter end only — no shorts, leverage, cash, ordinary bonds or private holdings — and is 45 days old on publication.

NEW POSITIONS

  • Space Exploration Techn Corp$4.7B · 32.6%
  • Cerebras Systems Inc$687.3M · 4.8%
  • Meta Platforms Inc$226.9M · 1.6%
  • Amphenol Corp$112.9M · 0.8%
  • Gitlab Inc$103.0M · 0.7%

EXITS

  • Lumentum Hldgs Inc$187.9M last quarter
  • Echostar Corp$117.1M last quarter
  • Zoom Communications Inc$105.8M last quarter
  • Rocket Cos Inc$87.1M last quarter
  • Vistra Corp$78.7M last quarter

QUESTIONS PEOPLE ASK

What are Atreides Management's largest holdings?

OPEN
As of Jun 30, 2026, the three largest stock positions are Space Exploration Techn Corp (32.6%), Micron Technology Inc (5.7%) and Cerebras Systems Inc (4.8%), together 43.1% of the reported book.

How big is Atreides Management's 13F portfolio?

OPEN
The Q2 2026 13F, filed Aug 14, 2026, reports 49 positions worth $14.3B. The ten largest make up 77% of it. 22.2% of that value is options, reported at the notional value of the underlying rather than money spent.

What did Atreides Management buy and sell in Q2 2026?

OPEN
It opened 15 new positions, the largest stock positions being Space Exploration Techn Corp ($4.7B), Cerebras Systems Inc ($687.3M) and Meta Platforms Inc ($226.9M), and exited 20, the largest stock exits being Lumentum Hldgs Inc ($187.9M last quarter), Echostar Corp ($117.1M last quarter) and Zoom Communications Inc ($105.8M last quarter). Among positions it already held, the biggest increases by share count were Coreweave Inc (+162%), Wix Com Ltd (+124%) and Mastercard Incorporated (+89%), and the biggest cuts were Astera Labs Inc (−64%), Wayfair Inc (−41%) and Twilio Inc (−22%).

When is Atreides Management's next 13F due?

OPEN
The Q3 2026 13F is due Nov 16, 2026. Forty-five days after the quarter ends is November 14, 2026 (Saturday), so the deadline moves to the next business day. Gavin Baker's filing usually lands close to the deadline.

Filers with overlapping books