Atreides Management, LP

BOSTON, MA · CIK 1777813 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2019 · limited partnership

Assets managed$8.9bn
Staff26 · 15 in investment roles
Main clients (by assets)Private funds 100%
Private funds29 (5 hedge) · $9.4bn gross assets
Websiteatreidesmgmt.com
Form ADV · 2026-08-28SEC adviser record

$11.1bn reported value +171.6% vs Q1 2026

46positions

76.3%in top 10

13 new 26 added 7 reduced 18 sold out vs Q1 2026

Options: 2 call positions ($830.6m notional), 1 put positions ($2.4bn notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	27,332,943	$4.7bn41.89%	41.89%	New
2	MICRON TECHNOLOGY INC COM MU	MU	711,364	$821.1m7.37%	7.37%	Reduced -49.1k	-49,062 -6.5%
3	CEREBRAS SYSTEMS INC COM CL A CBRS	CBRS	3,110,086	$687.3m6.17%	6.17%	New
4	ASTERA LABS INC COM ALAB	ALAB	1,216,795	$587.7m5.27%	5.27%	Reduced -2.1m	-2,148,992 -63.9%
5	CIENA CORP COM NEW CIEN	CIEN	688,521	$337.8m3.03%	3.03%	Added +11.7k	+11,714 1.7%
6	CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES CRDO	CRDO	1,129,285	$307.1m2.75%	2.75%	Added +38.1k	+38,052 3.5%
7	PALO ALTO NETWORKS INC COM PANW	PANW	876,954	$299.1m2.68%	2.68%	Added +315.2k	+315,157 56.1%
8	UNITY SOFTWARE INC COM U	U	10,245,819	$292.8m2.63%	2.63%	Reduced -2.1m	-2,139,503 -17.3%
9	COHERENT CORP COM COHR	COHR	642,101	$253.3m2.27%	2.27%	Added +10.9k	+10,942 1.7%
10	NVIDIA CORPORATION COM NVDA	NVDA	1,249,291	$250.0m2.24%	2.24%	Added +699	+699 0.1%
11	AMAZON COM INC COM AMZN	AMZN	969,629	$231.1m2.07%	2.07%	Added +16.1k	+16,069 1.7%
12	META PLATFORMS INC CL A META	META	402,770	$226.9m2.04%	2.04%	New
13	COREWEAVE INC COM CL A CRWV	CRWV	2,124,845	$211.5m1.90%	1.90%	Added +1.3m	+1,314,310 162.2%
14	ALPHABET INC CAP STK CL A GOOGL	GOOGL	488,296	$174.5m1.57%	1.57%	Reduced -66.7k	-66,727 -12.0%
15	TWILIO INC CL A TWLO	TWLO	720,338	$148.6m1.33%	1.33%	Reduced -201.3k	-201,264 -21.8%
16	AMPHENOL CORP CL A APH	APH	640,069	$112.9m1.01%	1.01%	New
17	AKAMAI TECHNOLOGIES INC COM AKAM	AKAM	910,583	$107.6m0.97%	0.97%	Added +227.7k	+227,746 33.4%
18	AFFIRM HLDGS INC COM CL A AFRM	AFRM	1,273,050	$103.8m0.93%	0.93%	Added +78.3k	+78,339 6.6%
19	GITLAB INC CLASS A COM GTLB	GTLB	3,373,169	$103.0m0.92%	0.92%	New
20	INTEL CORP COM INTC	INTC	663,802	$92.7m0.83%	0.83%	Added +10.0k	+10,010 1.5%
21	SEMTECH CORP COM SMTC	SMTC	551,214	$89.2m0.80%	0.80%	Added +9.4k	+9,402 1.7%
22	CIPHER MINING INC COM CIFR	CIFR	3,586,409	$87.9m0.79%	0.79%	New
23	TESLA INC COM TSLA	TSLA	204,275	$85.9m0.77%	0.77%	Added +3.5k	+3,480 1.7%
24	DICKS SPORTING GOODS INC COM DKS	DKS	375,118	$85.1m0.76%	0.76%	Reduced -77.4k	-77,413 -17.1%
25	WAYFAIR INC CL A W	W	843,860	$78.0m0.70%	0.70%	Reduced -587.1k	-587,137 -41.0%
26	AMBIQ MICRO INC COMMON STOCK AMBQ	AMBQ	877,123	$77.4m0.69%	0.69%	Added +14.9k	+14,948 1.7%
27	SAMSARA INC COM CL A IOT	IOT	2,308,649	$74.9m0.67%	0.67%	New
28	ACV AUCTIONS INC COM CL A COM CL A		9,903,239	$71.2m0.64%	0.64%	Added +168.8k	+168,772 1.7%
29	COMPASS INC CL A COMP	COMP	5,658,421	$69.8m0.63%	0.63%	Added +96.4k	+96,423 1.7%
30	WIX COM LTD SHS WIX	WIX	1,458,458	$66.2m0.59%	0.59%	Added +808.0k	+808,044 124.2%
31	MASTERCARD INCORPORATED CL A MA	MA	93,629	$48.1m0.43%	0.43%	Added +44.0k	+44,025 88.8%
32	PDF SOLUTIONS INC COM PDFS	PDFS	658,536	$46.6m0.42%	0.42%	New
33	SERVICETITAN INC SHS CL A TTAN	TTAN	542,092	$38.3m0.34%	0.34%	New
34	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	147,759	$35.1m0.31%	0.31%	Added +1.4k	+1,404 1.0%
35	NOKIA CORP SPONSORED ADR NOK	NOK	2,524,974	$33.5m0.30%	0.30%	Added +43.0k	+43,027 1.7%
36	ROGERS CORP COM ROG	ROG	189,311	$31.0m0.28%	0.28%	Added +3.2k	+3,226 1.7%
37	NATERA INC COM NTRA	NTRA	104,385	$28.3m0.25%	0.25%	New
38	WARBY PARKER INC CL A COM WRBY	WRBY	698,903	$21.2m0.19%	0.19%	Added +11.9k	+11,908 1.7%
39	VEECO INSTRS INC DEL COM VECO	VECO	237,919	$18.0m0.16%	0.16%	Added +4.0k	+3,996 1.7%
40	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	64,125	$17.7m0.16%	0.16%	Added +1.1k	+1,057 1.7%
41	INNIO NV ORDINARY SHARES INIO	INIO	348,696	$13.8m0.12%	0.12%	New
42	EQUIPMENTSHARE COM INC COM CL A EQPT	EQPT	217,131	$4.3m0.04%	0.04%	Added +3.7k	+3,700 1.7%
43	TABOOLA.COM LTD ORD SHS TBLA	TBLA	835,026	$4.2m0.04%	0.04%	Added +14.2k	+14,229 1.7%
44	QUANTINUUM INC CL A COM QNT	QNT	39,853	$3.3m0.03%	0.03%	New
45	FERVO ENERGY CO CL A COM FRVO	FRVO	9,959	$291.1k0.00%	0.00%	New
46	BITGO HOLDINGS INC COM SHS CL A BTGO	BTGO	29,611	$153.4k0.00%	0.00%	Added +505	+505 1.7%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
LUMENTUM HLDGS INC LITE	LITE	267,389	$187.9m267.4k shares
ECHOSTAR CORP ECHO	ECHO	1,000,346	$117.1m1.0m shares
ZOOM COMMUNICATIONS INC ZM	ZM	1,315,605	$105.8m1.3m shares
ROCKET COS INC RKT	RKT	6,114,947	$87.1m6.1m shares
VISTRA CORP VST	VST	523,788	$78.7m523.8k shares
ROBLOX CORP RBLX	RBLX	1,383,703	$78.3m1.4m shares
HUBSPOT INC HUBS	HUBS	232,115	$56.7m232.1k shares
SYNOPSYS INC SNPS	SNPS	136,925	$54.3m136.9k shares
RALPH LAUREN CORP RL	RL	128,837	$44.3m128.8k shares
AXON ENTERPRISE INC AXON	AXON	102,095	$43.4m102.1k shares
WINGSTOP INC WING	WING	270,303	$41.9m270.3k shares
CHIME FINL INC CHYM	CHYM	1,622,734	$30.4m1.6m shares
AEROVIRONMENT INC AVAV	AVAV	161,675	$29.6m161.7k shares
RUBRIK INC. RBRK	RBRK	566,454	$27.7m566.5k shares
JFROG LTD FROG	FROG	554,987	$26.0m555.0k shares
SNOWFLAKE INC SNOW	SNOW	144,818	$21.8m144.8k shares
VISA INC V	V	71,641	$21.7m71.6k shares
GLOBALFOUNDRIES INC GFS	GFS	474,593	$21.1m474.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
INVESCO QQQ TR QQQ · Put	QQQ	Put	3,200,000	$2.4bn3.2m shares	Added
META PLATFORMS INC META · Call	META	Call	1,200,000	$675.9m1.2m shares	New
CEREBRAS SYSTEMS INC CBRS · Call	CBRS	Call	700,000	$154.7m700.0k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
CEREBRAS SYSTEMS INC CBRS · 13G · filed 2026-08-14	CBRS	10.7%≈ $2.3bn	new	13G	2026-08-14
ACV AUCTIONS INC 13G · filed 2026-08-14		5.7%≈ $71.3m	+0.1 pts	13G	2026-08-14