Gavin Baker
Atreides Management, LP · Investor
1Y performance ⓘ
+117%
AUM (13F)
$5.0B
# of Holdings
52
3Y performance ⓘ
+270%
vs S&P 500 ⓘ
+198%
Updated
Mar 31
Gavin Baker's Atreides Management, LP holds 52 U.S.-equity positions worth $5.0B (SEC 13F, Q1 2026). Top positions: Invesco Qqq Tr 16.1%, Astera Labs, Inc. Common Stock 7.4%, Unity Software Inc. 6.1%. 13F-replication return is +270% over 3 years (+198 pts vs the S&P 500) — a replicated, non-audited figure.
Holdings
| Stock | % of portfolio | Shares | Value | Latest activity | Avg buy price | Current price | Date |
|---|---|---|---|---|---|---|---|
| QQQ Invesco Qqq Tr | 16.1% | 1.4M | $808M | ▼ 60% (−2.1M) | $369.42 | $737.95 (+100%) | 2026-03-31 |
| ALAB Astera Labs, Inc. Common Stock | 7.4% | 3.4M | $369M | ▲ 109% (+1.8M) | $74.19 | $439.66 (+493%) | 2026-03-31 |
| U Unity Software Inc. | 6.1% | 13.9M | $305M | ▲ 34% (+3.6M) | $22.47 | $27.14 (+21%) | 2026-03-31 |
| CIEN Ciena Corporation | 5.2% | 677K | $263M | ▼ 53% (−751K) | $47.26 | $460.33 (+874%) | 2026-03-31 |
| MU Micron Technology, Inc. | 5.1% | 760K | $257M | ▼ 47% (−678K) | $60.34 | $1,211.38 (+1908%) | 2026-03-31 |
| NVDA NVIDIA CORP | 4.3% | 1.2M | $218M | ▼ 77% (−4.2M) | $434.99 | $208.65 (−52%) | 2026-03-31 |
| AMZN Amazon.Com Inc | 4.0% | 954K | $199M | ▲ 39% (+266K) | $103.29 | $232.79 (+125%) | 2026-03-31 |
| LITE Lumentum Holdings Inc. Common Stock | 3.8% | 267K | $188M | ▼ 30% (−115K) | $47.35 | $893.93 (+1788%) | 2026-03-31 |
| GOOGL Alphabet Inc. Class A Common Stock | 3.2% | 555K | $160M | ▲ 7.9% (+41K) | $103.73 | $349.68 (+237%) | 2026-03-31 |
| COHR Coherent Corp. | 3.0% | 631K | $150M | ▼ 70% (−1.5M) | $32.64 | $425.48 (+1204%) | 2026-03-31 |
| RBLX Roblox Corporation | 2.7% | 2.4M | $135M | ▲ 512% (+2.0M) | $45.72 | $47.27 (+3%) | 2026-03-31 |
| SATS EchoStar Corporation | 2.3% | 1.0M | $117M | ▲ 11% (+99K) | $108.70 | $106.40 (−2%) | 2026-03-31 |
| TWLO Twilio Inc. | 2.3% | 922K | $116M | ▲ 29% (+205K) | $97.91 | $183.64 (+88%) | 2026-03-31 |
| W Wayfair Inc. | 2.1% | 1.4M | $108M | ▲ 64% (+560K) | $34.34 | $85.04 (+148%) | 2026-03-31 |
| ZM Zoom Communications, Inc. Class A Common Stock | 2.1% | 1.3M | $106M | NEW (+1.3M) | $80.39 | $84.34 (+5%) | 2026-03-31 |
| CRDO Credo Technology Group Holding Ltd Ordinary Shares | 2.0% | 1.1M | $102M | NEW (+1.1M) | $93.87 | $302.52 (+222%) | 2026-03-31 |
| PANW Palo Alto Networks, Inc. Common Stock | 1.8% | 562K | $90M | NEW (+562K) | $160.32 | $286.40 (+79%) | 2026-03-31 |
| DKS Dick's Sporting Goods, Inc. | 1.8% | 453K | $90M | ▼ 7.8% (−38K) | $141.89 | $238.57 (+68%) | 2026-03-31 |
| RKT Rocket Companies, Inc. | 1.7% | 6.1M | $87M | ▲ 70% (+2.5M) | $14.18 | $13.34 (−6%) | 2026-03-31 |
| VST Vistra Corp. | 1.6% | 524K | $79M | NEW (+524K) | $150.33 | $167.26 (+11%) | 2026-03-31 |
| AKAM Akamai Technologies Inc | 1.6% | 683K | $78M | NEW (+683K) | $114.85 | $120.74 (+5%) | 2026-03-31 |
| TSLA Tesla, Inc. | 1.5% | 201K | $75M | ▲ 7.9% (+15K) | $207.46 | $405.05 (+95%) | 2026-03-31 |
| CRWV CoreWeave, Inc. Class A Common Stock | 1.3% | 811K | $63M | ▲ 34% (+204K) | $37.08 | $111.29 (+200%) | 2026-03-31 |
| WIX WIX.com Ltd. | 1.2% | 650K | $59M | ▼ 48% (−597K) | $103.89 | $41.86 (−60%) | 2026-03-31 |
| HUBS HUBSPOT, INC. | 1.1% | 232K | $57M | NEW (+232K) | $467.80 | $172.80 (−63%) | 2026-03-31 |
| AFRM Affirm Holdings, Inc. Class A Common Stock | 1.1% | 1.2M | $55M | ▼ 14% (−190K) | $40.82 | $72.20 (+77%) | 2026-03-31 |
| SNPS Synopsys Inc | 1.1% | 137K | $54M | NEW (+137K) | $428.85 | $464.58 (+8%) | 2026-03-31 |
| RL Ralph Lauren Corporation | 0.9% | 129K | $44M | ▲ 1.0% (+1K) | $187.76 | $410.92 (+119%) | 2026-03-31 |
| AXON Axon Enterprise, Inc. Common Stock | 0.9% | 102K | $43M | ▼ 3.2% (−3K) | $525.95 | $410.03 (−22%) | 2026-03-31 |
| WING Wingstop Inc | 0.8% | 270K | $42M | ▼ 31% (−120K) | $238.49 | $156.74 (−34%) | 2026-03-31 |
| SMTC Semtech Corp | 0.8% | 542K | $42M | ▼ 22% (−150K) | $45.14 | $174.73 (+287%) | 2026-03-31 |
| ACVA ACV Auctions Inc. | 0.8% | 9.7M | $41M | ▼ 22% (−2.7M) | $12.91 | $6.37 (−51%) | 2026-03-31 |
| COMP Compass, Inc. | 0.8% | 5.6M | $41M | ▼ 36% (−3.2M) | $10.57 | $9.78 (−7%) | 2026-03-31 |
| FERG Ferguson Enterprises Inc. | 0.7% | 146K | $34M | ▼ 18% (−32K) | $173.57 | $237.28 (+37%) | 2026-03-31 |
| CHYM Chime Financial, Inc. Class A Common Stock | 0.6% | 1.6M | $30M | ▲ 7.9% (+119K) | $34.51 | $16.92 (−51%) | 2026-03-31 |
| AVAV AeroVironment, Inc. | 0.6% | 162K | $30M | NEW (+162K) | $183.05 | $151.33 (−17%) | 2026-03-31 |
| INTC Intel Corp | 0.6% | 654K | $29M | ▲ 35% (+170K) | $33.55 | $140.94 (+320%) | 2026-03-31 |
| RBRK Rubrik, Inc. | 0.6% | 566K | $28M | ▼ 37% (−329K) | $89.59 | $70.53 (−21%) | 2026-03-31 |
| FROG JFrog Ltd. Ordinary Shares | 0.5% | 555K | $26M | ▲ 37% (+151K) | $47.33 | $79.89 (+69%) | 2026-03-31 |
| MA Mastercard Incorporated | 0.5% | 50K | $25M | ▲ 7.9% (+4K) | $426.51 | $484.09 (+14%) | 2026-03-31 |
| AMBQ Ambiq Micro, Inc. | 0.4% | 862K | $22M | ▲ 24% (+166K) | $29.92 | $88.56 (+196%) | 2026-03-31 |
| SNOW Snowflake Inc. | 0.4% | 145K | $22M | ▼ 70% (−334K) | $154.41 | $226.59 (+47%) | 2026-03-31 |
| V VISA Inc. | 0.4% | 72K | $22M | NEW (+72K) | $302.24 | $326.60 (+8%) | 2026-03-31 |
| GFS GlobalFoundries Inc. Ordinary Shares | 0.4% | 475K | $21M | NEW (+475K) | $42.91 | $89.67 (+109%) | 2026-03-31 |
| ROG Rogers Corporation | 0.4% | 186K | $20M | ▲ 8.2% (+14K) | $68.48 | $166.51 (+143%) | 2026-03-31 |
| NOK Nokia Corp | 0.4% | 2.5M | $20M | NEW (+2.5M) | $8.04 | $14.43 (+79%) | 2026-03-31 |
| WRBY Warby Parker Inc. | 0.3% | 687K | $14M | ▲ 75% (+294K) | $21.79 | $26.99 (+24%) | 2026-03-31 |
| VECO Veeco Instruments Inc | 0.2% | 234K | $8M | NEW (+234K) | $33.86 | $77.46 (+129%) | 2026-03-31 |
| NBIS Nebius Group N.V. Class A Ordinary Shares | 0.1% | 63K | $7M | NEW (+63K) | $103.76 | $283.61 (+173%) | 2026-03-31 |
| EQPT EquipmentShare.com Inc Class A Common Stock | 0.1% | 213K | $4M | NEW (+213K) | $20.37 | $25.96 (+27%) | 2026-03-31 |
Showing top 50 of 52 holdings by value.
FAQ ▾
What are Gavin Baker's largest holdings?
As of the latest 13F: Invesco Qqq Tr 16.1%, Astera Labs, Inc. Common Stock 7.4%, Unity Software Inc. 6.1%, Ciena Corporation 5.2%, Micron Technology, Inc. 5.1%.
How big is Atreides Management, LP's 13F portfolio?
$5.0B across 52 disclosed U.S.-equity positions.
What is Gavin Baker's 3-year performance?
+270% (13F-replication, price return), +198 pts vs the S&P 500. Not an audited fund return.
Where does this data come from?
U.S. SEC Form 13F-HR institutional holdings filings.
Sourced from SEC Form 13F-HR filings · Not investment advice ▾
Data as of 2026-03-31 · Methodology
13F-replication (price return, filing-date based) — not an audited fund return.
Published by WealthFile · Not investment advice.
Latest activity = change vs. the prior 13F. Avg buy price = est. entry over the trailing 3 years (gain = vs. latest price). Returns are 13F-replication, not audited fund returns. Sourced from SEC 13F filings.