Coatue Management Q2 2026 Investment Activity: Major Buys in Intel & Micron
Coatue Management's portfolio saw significant changes during Q2 2026, with notable increases in holdings of INTEL and MICRON TECHNOLOGY.
Coatue Management LLC reported substantial investment activity for the quarter ending June 30, 2026. The fund manager demonstrated a clear focus on Technology stocks while also diversifying into other sectors.
Prominent Purchases This Quarter
The most significant buying activity by Coatue Management during Q2 involved INTEL CORP (INTC). The fund acquired 10,849,503 shares of this Technology stock in a single quarter, representing an unprecedented +100% increase. Similarly, the investor purchased substantial quantities of other major holdings.
Coatue also significantly increased its stake in MICRON TECHNOLOGY INC (MU), acquiring 2,976,338 shares during Q2. This large purchase pushed the portfolio allocation for this stock to nearly 7.5% as of June 30th.
Major Reductions and Exits
In contrast to these significant buys, Coatue Management also made notable reductions in certain positions during Q2. The fund sold a considerable portion of its holdings in NETFLIX INC (NFLX), reducing the stake by -31.67% or approximately 2,183,140 shares.
Furthermore, the investor disposed of their position entirely in ADVANCED MICRO DEVICES INC (AMD). The portfolio_percentage_allocation for this stock dropped to zero following a large sale during Q2.
Other Notable Changes
Beyond these headline moves, Coatue Management also increased its stake significantly in several other companies. This included substantial purchases of CARVANA CO (CVNA) and BOOZ ALLEN HAMILTON HLDG CORP (BAH).
Overall Portfolio Shifts
The changes observed by Coatue Management reflect a dynamic investment strategy focused on capitalizing on perceived opportunities in the market. The fund's portfolio now includes positions acquired this quarter, such as GE VERNOVA INC (GEV) and EATON CORP PLC (ETN), alongside established holdings like TAIWAN SEMICONDUCTOR MANUFAC (TSM).
Coatue Management continues to demonstrate a preference for Technology stocks within its portfolio. The investor's focus on companies involved in semiconductor manufacturing, equipment, and software remains evident through their significant purchases of INTEL, MICRON TECHNOLOGY, APPLIED MATLS INC (AMAT), LAM RESEARCH CORP (LRCX), and TAIWAN SEMICONDUCTOR MANUFAC.