Coatue Finished 2022 With Big Purchases of Some Well-Known Stocks

The Tiger Cub aggressively bought shares of 10 stocks that now account for nearly 60 percent of the firm’s U.S. long assets.

Philippe Laffont (Chris Goodney/Bloomberg)

Philippe Laffont

(Chris Goodney/Bloomberg)

Coatue Management went on a buying spree in the fourth quarter.

The Tiger Cub headed by Philippe Laffont doubled, tripled, or, in several cases, boosted its stakes exponentially in a number of the most popular, well-known software and internet stocks. The heavy buying was mostly concentrated in the small number of stocks that now rank among Coatue’s 10 largest longs.

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