Philippe Laffont's technology-focused investment firm, Coatue Management, has established a significant new position in Space Exploration Technologies Corp. (SPCX), according to a recent quarterly disclosure. The filing revealed that as of June 30, 2026, Coatue held 18.56 million shares valued at approximately $3.17 billion. This new holding represents a substantial 6.52% of Coatue's reported public equities portfolio.
Investors should note that 13F filings are submitted to the SEC 45 days after the end of a quarter, so these trades occurred at some point during the second quarter of 2026. This investment aligns with Coatue's known focus on high-growth technology companies and marks a significant entry into the recently public space exploration sector. Other notable Q2 moves for the firm included new stakes in Intel and increased holdings in Amazon.