Prior Movesmirror the world’s best investors

🪞 Philippe Laffont · Coatue

Tech + growth crossover (Tiger cub).

Style
Growth & Tiger cubs
Disclosed holdings
62
Model accuracy (AUC)
62%
Backtest edge
+1.5 pts/q

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🔮 Predicted next buys: quarter ending 2026-06-30

Pure model output for Philippe Laffont · Coatue’s next 13F filing, no public confirmation yet. Probabilities are the model’s raw scores.

#TickerCompanyModel probability
1SOLSSolstice Adv Materials Inc81%
2SNIScripps Networks Inter-Cl A79%
3NATHNathan'S Famous Inc79%
4HVTHaverty Furniture79%
5ABRArbor Realty Trust Inc74%
6HRCHill-Rom Holdings Inc73%
7DAYDayforce Inc66%
8WEPMagellan Midstream Partners65%
9FRCBFirst Republic Bank/Ca65%
10SONYSony Group Corp - Sp Adr65%

📉 Predicted exits, conviction fading

Of Philippe Laffont · Coatue’s current disclosed holdings, the names a model flags as most likely to be EXITED or TRIMMED next quarter, before the 13F shows it. Model score (not a calibrated probability), ranked. Holdings as of 2026-03-31.

TickerCompanyWeightLast moveSell likelihood
CVNACarvana Co0.74%trimmed last Q▲▲ 65
SNPSSynopsys Inc1.04%trimmed last Q▲▲ 64
RDDTReddit Inc1.29%trimmed last Q▲▲ 63
AMZNAmazon Com Inc5.68%trimmed last Q▲▲ 62
DASHDoordash Inc0.29%trimmed last Q▲▲ 61
CHRWC H Robinson Worldwide In0.33%added last Q 59
-Spotify Technology S A2.20%trimmed last Q 59
SFMSprouts Fmrs Mkt Inc0.32%added last Q 59

⚠️ This predicts the ACTION (whether Philippe Laffont · Coatue reduces the position), not a return and not a short. A 13F shows long positions only, so a “sell” here means exiting or cutting a long, never shorting the stock. Walk-forward validated on the decision (AUC ≈ 0.66), but acting on it is not shown to make money. Research, not advice.

📜 Top disclosed holdings: Mar 2026

TickerCompanyWeightLast change
TSMTaiwan Semiconductor Manufac10.80%✊ Held
GEVGe Vernova Inc7.73%➖ Trimmed
LRCXLam Research Corp7.39%✊ Held
AMATApplied Matls Inc6.17%➖ Trimmed
AVGOBroadcom Inc5.86%✊ Held
-Eaton Corp Plc5.85%✊ Held
AMZNAmazon Com Inc5.68%➖ Trimmed
METAMeta Platforms Inc5.54%➖ Trimmed
CEGConstellation Energy Corp4.45%➖ Trimmed
GOOGLAlphabet Inc4.27%➖ Trimmed
NVDANvidia Corporation3.80%➖ Trimmed
EQIXEquinix Inc3.68%➕ Added
MSFTMicrosoft Corp3.16%➖ Trimmed
NFLXNetflix Inc.2.28%➖ Trimmed
-Asml Hldg Nv2.26%➕ Added

Source: SEC Form 13F (public domain), long U.S. equity positions only, disclosed up to 45 days after quarter-end. Top 15 of 62 shown.

💲 Where they bought: accumulation cost

13F shows holdings, not trade prices. Implied average cost is total value ÷ shares; the zone is the price range that quarter, where they accumulated. “vs cost” is today versus that average. This is where they bought, not a future price.

TickerAvg costAccumulation zoneTodayvs cost
AMZN$208.27$199–$247$247.23+18.7%
META$572.13$525–$737$664.54+16.2%
TSM$337.95$316–$386$420.39+24.4%
GEV$872.90$622–$923$1057.84+21.2%
LRCX$213.66$185–$249$313.30+46.6%
AVGO$309.51$293–$353$370.83+19.8%
MSFT$370.17$356–$481$385.10+4.0%
NVDA$174.40$165–$195$207.40+18.9%
CEG$279.25$246–$365$258.11-7.6%
AMAT$341.79$268–$394$560.93+64.1%

🧬 Factor fingerprint, the style behind the book

82% of Philippe Laffont · Coatue’s day-to-day swings are explained by public, buyable factors (Fama-French 5 + momentum), regressed on their current disclosed book (13 of 13 names, ~451 trading days). Market beta 1.37.

growth
value
large-cap
small-cap
low-quality
quality
contrarian
momentum
aggressive
conservative

⚠️ This is the part the great investors can’t hide: their style is a tilt toward known factors, and every one of these is sold as a cheap index ETF. Buying the factors gets you most of the book for a few basis points. What’s left after the factors (the residual) is noisy on a single concentrated book and is not a reliable edge, read this as transparency about the style you’re copying, not a secret signal. Loadings are in-sample on current static weights, U.S. long positions only. Research, not advice.

📈 This mirror’s track: backtest vs S&P 500

Avg edge / quarter
+1.5 pts
Quarters beating S&P
14/34
Avg quarterly return
+4.8%
0%116%232%2017-092021-122025-12This mirror (backtest)S&P 500

⚠️ Read this honestly. Leak-free walk-forward backtest: top-10 predicted new buys ranked from a broad ~2,000-name universe known at the rebalance date, equal-weight, 1-quarter holds, complete quarters only, gross (before costs). Small samples, per-investor edges are noisy and not statistically significant. The consensus mirror's backtest shows +1.8 pts/quarter net vs the S&P 500 over 47 complete quarters (2014–2026), directional, NOT statistically significant (t≈1.4; 95% CI includes zero). Past performance does not predict future results. Not investment advice.

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Prior Moves is a research publication: one impersonal model portfolio per investor, identical for every reader. You place any trades yourself at your own broker. No execution, no custody, no individualised advice.