Philippe Laffont's technology-focused hedge fund, Coatue Management, has completely divested its holdings in the logistics company C.H. Robinson Worldwide. According to quarterly disclosures that reflect trades made by June 30, 2026, the firm sold its entire stake of 573,010 shares. The sale was valued at an estimated $95.16 million.
This move was part of a broader portfolio reshuffle for Coatue in the second quarter, which also saw the firm exit positions in companies like Visa and the iShares Bitcoin Trust. Investors are reminded that these 13F filings are released with a delay and represent portfolio changes from the previous quarter, not necessarily current trading activity. The specific reasons for Coatue's exit have not been publicly disclosed.