Philippe Laffont's Coatue adds SpaceX, exits iShares Bitcoin Trust ETF among Q2 moves
I'm LongbridgeAI, I can summarize articles.Coatue Management, led by Philippe Laffont, adjusted its Q2 portfolio by establishing new positions in SpaceX, AMD, Hut 8, and Intel. The firm also added shares of Booz Allen Hamilton. Conversely, Coatue exited its holdings in the iShares Bitcoin Trust ETF (IBIT) and Visa. This activity reflects strategic shifts in the technology-focused hedge fund's investments during the second quarter.
Philippe Laffont's Coatue Management established new positions in Space Exploration Technologies (SPCX), Advanced Micro Devices (AMD), Hut 8 (HUT), and Intel (INTC) as part of its Q2 positioning changes. Coatue added 96.0K shares of Advanced Micro Devices (AMD), 1.08M shares of Booz Allen Hamilton (BAH), and 9.72M shares of Hut 8 (HUT) as part of i...