Coatue Slashed Its Exposure in May

Here’s when the Tiger Cub believes it will be time to buy stocks, along with four well-known tech stocks that look attractive over the next five years.

Philippe Laffont/Bloomberg

Philippe Laffont/Bloomberg

Coatue Management has sharply reduced its risk exposure to its lowest level in recent memory.

The Tiger Cub headed by Philippe Laffont reduced its gross exposure in May to a mere 23 percent and its net exposure to just 14 percent, according to a 60-page slide deck accompanying a recent call with clients that was obtained by Institutional Investor.

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