Coatue Management LLC Q3 2022 vs. Q4 2022: A Look into Fund Holdings in the Technology Sector

The third quarter of the year is over as we enter the last few months of 2022. It is during this period that investors and analysts look forward to the filing of the 13F forms by hedge funds, including Coatue Management LLC. These reports provide us with valuable insights into the fund's holdings, revealing the companies in which they have invested, the number of shares and the values of these investments as of the end of the quarter. In this article, we will take a closer look at Coatue Management LLC Q3 2022 versus Q4 2022 13F holdings comparison.

MODERNA INC

Moderna INC, a Massachusetts-based company, is one of the highlights of Coatue's 13F filings. The company focuses on the research and development of messenger ribonucleic acid (mRNA) drugs. From the Q3 filings to Q4 filings, Coatue's number of shares in the company increased from 5,706,504 to 6,393,565, amounting to a 70.2% increase in value.

TESLA INC

Another notable company in which Coatue has vested a significant interest is Tesla INC. Elon Musk's brainchild remains one of the leaders in the automotive industry, and it seems that Coatue shares this view. From Q3 to Q4, the hedge fund's shares in the automaker increased from 3,546,074 to 4,211,024, amounting to a 44.9% decrease in value.

NETFLIX INC

Netflix INC is a leading over-the-top content platform provider. As of Q3 2022, Coatue had 1,162,596 shares in the company. However, in Q4, the numbers have risen to 1,335,678, amounting to a 43.9% increase in value.

ADOBE SYSTEMS INCORPORATED

Coatue also increased its interest in Adobe Systems Incorporated. This company focuses on the development and provision of software services. In Q3, Coatue had 396,474 shares in the company. It increased to 1,161,834 shares — a whopping 258.3% increase in value.

MICROSOFT CORP

Microsoft Corp is a multinational technology company with interests in computer software, hardware, and electronics. Coatue had 433,677 shares in the company in Q3. However, this number increased to 1,578,325 in Q4, amounting to a 274.8% increase in value.

PAYPAL HOLDINGS INC

Paypal Holding Inc is a company that offers online payment services. Coatue's Q4 filings revealed a significant decrease in interest in Paypal. From 4,691,346 shares in Q3, the number plummeted to 1,604,338 shares, amounting to a 71.7% decrease in value.

The technology sector remains one of the most lucrative in the world, with companies continually innovating and providing solutions to consumers' ever-evolving demands. From the 13F filings of Coatue Management LLC, we can assert that the fund has a consistent interest in various technology companies, and it is worth keeping an eye on their investments in this sector.