By Bram Berkowitz, The Motley Fool
Publication Date: 2025-11-24 11:45:00
Philippe Laffont is renowned for being an early investor in several of the world’s most disruptive and prominent tech giants.
Billionaire Philippe Laffont is a tiger cub, meaning he’s part of an elite group of investors who worked for Julian Robertson’s Tiger Global Management in the 1990s and then went on to found his own fund, Coatue Management. Laffont made early investments in TikTok’s parent company ByteDance, Snap, Tesla, Meta Platforms, and Spotify, among others.
Needless to say, Laffont can typically spot the big tech trends before they happen, which is why investors are always so eager to get a glimpse into Coatue’s portfolio each quarter. In the third quarter, Coatue trimmed its positions in CoreWeave (CRWV +2.72%), Tesla, and Nvidia (NVDA +2.10%), and invested in two recent initial public offerings.
Image source: Getty Images.
Pairing exposure to the artificial intelligence sector
Coatue appeared to follow the broader institutional investor landscape in the quarter, reducing its stake in several prominent artificial intelligence (AI) companies. Coatue sold 62% of its position in the AI data center company CoreWeave, 15% of its position in the electric vehicle and robotaxi company Tesla, and 14% of its position in the AI chip giant Nvidia.
In recent months, investors have become increasingly concerned about AI valuations, which have long been high, as well as the macroeconomic environment, with investors penciling in a smaller chance of another interest rate…
