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Highlights of Coatue Management’s New Positions in 4Q14

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Fourth-quarter positions for Coatue Management

Coatue Management, a privately owned hedge fund sponsor, invests in public equity markets globally. The fund focuses on technology, media, and telecommunications as well as other sectors. Coatue employs long- and short-term strategies to make its investments. The fund, founded in 1999, is based in New York City.

At the end of the fourth quarter of 2014, Coatue Management’s US long portfolio was worth $10.5 billion, up from $9.7 billion in 3Q14. In this series, we’ll review some of the top positions the fund initiated during the fourth quarter.

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Coatue Management’s new positions in 4Q14

Coatue Management’s fourth-quarter 13F filing reveals new positions in Actavis (ACT), JD.com (JD), Electronic Arts (EA), Visa (V), and MasterCard (MA).

Coatue Management’s top holdings

The chart below lists the fund’s top ten holdings for the fourth quarter of 2014. The hedge fund’s top holdings include Apple (AAPL) at 9.3%, Avago Technologies (AVGO) at 8.13%, LinkedIn (LNKD) at 7.43%, and Baidu (BIDU) at 6.37%.

Investors can consider ETFs such as the PowerShares QQQ (QQQ) for portfolio exposure to Baidu. Baidu makes up 1.21% of QQQ’s portfolio.

In the next part of the series, we’ll look at Coatue Management’s new position in Actavis (ACT).

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