Billionaire Phillipe Laffont recently sold Oracle, Tesla and Nvidia, buying a stock that has fallen 94% since going public in 2020 | The colorful fool

Billionaire Phillipe Laffont recently sold Oracle, Tesla and Nvidia, buying a stock that has fallen 94% since going public in 2020 | The colorful fool

By Bram Berkowitz
Publication Date: 2026-05-27 15:35:00

Philippe Laffont is one of an elite group of investors who made a name for themselves in the 1990s at Julian Robertson’s legendary fund Tiger Management, widely regarded as one of the pioneers of the hedge fund industry and also delivering incredible returns.

Many of Robertson’s protégés, such as Laffont, are known as tiger cubs and have had great success launching their own funds, which is why many are now billionaires. Laffont’s fund, Coatue Management, had more than $29 billion in assets at the end of the first quarter. Because of its success and strong focus on technology, many investors are always curious about what Laffont and his team are buying and selling each quarter.

Recent filings showed Coatue selling shares like oracle, TeslaAnd Nvidia but buying another stock that has fallen 94% since its 2020 IPO. Let’s look at some of these recent moves.

Image source: Getty Images.

Selling some of the tech giants

Coatue probably wasn’t the only fund selling some…