New VC Firm CIV Raises $200 Million to Bet on Manufacturing, Energy
The firm's founders include former Coatue Management general partner Abhijoy Mitra and Jeff Rosenthal, the co-creator of the events business behind Summit Series. Its chief executive officer, Patrick Maloney, previously founded Inspire Energy Capital, bought by Shell Plc. The firm is backed by high-profile tech figures like SpaceX Chief Operating Officer Gwynne Shotwell and Union Square Ventures co-founder Fred Wilson, as well as a group of traditional limited partners.
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3 days ago
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Billionaire fund manager doubles down on Nvidia, partner in AI stack shift
Billionaire fund manager doubles down on Nvidia, partner in AI stack shift originally appeared on TheStreet. When a $70 billion hedge fund manager goes big on Nvidia () , and then pairs it with a multi-billion-dollar bet on its top AI-cloud partner, you can't help but pay attention. On top of that, billionaire Philippe Laffont loaded up on chips and layered in cloud capacity in building a portfolio that's effectively wired for the AI capex super-cycle. 💵💰💰💵 For him, it's much less about chasing the server shipments and more about owning the infrastructure every chatbot or AI model will need. Philippe Laffont: running $70 billion with a tech-first playbook Philippe Laffont runs the show at Coatue Management, which has arguably the most tech-savvy hedge funds out there. A former 'Tiger Cub' under Julian Robertson, Laffont kick-started Coatue in 1999 after graduating from MIT. Fast-forward to 2025, and Coatue is managing north of $70 billion in assets, layering in public-market bets including a ton of private and venture focus has squarely been on innovation that can scale up quickly, whether that's AI, cloud, fintech, or next-generation consumer platforms. For him, it's all about picking businesses that control the infrastructure or IP behind major technological shifts. The play is simple: If you can own the bottleneck, you own the profits. It's exactly why Coatue is a must-watch name when big tech or AI is in play. Philippe Laffont bets big on Nvidia and CoreWeave in Q2 Philippe Laffont's Q2 portfolio offers a clear narrative, indicating a shift from 'boxes' to 'platforms plus cloud capacity.' At the heart of it is AI juggernaut Nvidia. Coatue boosted its stake in the company by roughly a third, taking its holdings to 11.5 million shares as of June a massive 34% jump from Q1, which serves a sharp retort to the chatter that he'd exited his position in the stock. For Laffont and many others, Nvidia's grip on the training-and-inference economy through GPUs, networking, and CUDA is virtually impossible to match. In line with his core thesis, there's Coatue's high-conviction bet on CoreWeave () , Nvidia's premier AI-cloud customer and strategic partner. The fund added a massive 3.39 million shares in Q2, taking its stake to roughly $2.9 billion. Many consider it a play on scarcity, where, in the AI realm, those controlling accelerators and power are able to monetize before the app winners are known. Q2 numbers underscored the point. CoreWeave posted $1.21 billion in sales, expanding its backlog to $30.1 billion, while hiking 2025 guidance despite scale-up losses. More News: JPMorgan drops 3-word verdict on Amazon stock post-earnings Billionaire Bill Ackman floats bold fix for the housing market crisis Goldman Sachs revamps Nvidia stock price target ahead of earnings On top of these bets, Laffont pivoted toward platform and IP. That includes massive new stakes in Oracle (valued at $843 million) and Arm (valued at $749.4 million). Naturally, these new stakes in Oracle and Arm effectively broaden the AI play from semiconductors to software, data, and CPU toll booths. On top of that, it's important to note that Oracle's cloud infrastructure and database stack benefit immensely from GenAI workloads. Similarly, Arm's licensing model efficiently captures upside from custom silicon and edge AI, sidestepping capex cycles. Additionally, in strengthening Coatue's broader AI infrastructure positioning, Laffont loaded up on Broadcom, adding 5.65 million shares (valued at $1.56 billion) from 3.57 million shares. Philippe Laffont's Q2 exit in Super Micro, Monolithic Power points to an AI-focused reset Philippe Laffont's Coatue made multiple cleanups in Q2, stepping back from hardware names that can swing hard with demand cycles. The fund exited Super Micro and Monolithic Power, in a move to trim exposure to the volatility in server manufacturing and power-chip supply chains. Instead, the money is being redeployed toward cloud and platform plays, which offer stronger pricing power and predictable demand visibility. The reshuffling didn't stop there. Coatue added slightly to its TSMC stake, betting that the chip foundry's advanced packaging will remain mission-critical in driving the next leg of demand in AI hardware. Offsetting that, the fund trimmed Amazon, sold out of and took a small cut in Adobe. Other major trims in Q2 included: Alibaba: The fund cut its stake in the Chinese tech giant by 3.8 million shares to 868,000, reflecting an effort to lower exposure to regional risks. Advanced Micro Devices: Coatue slacked its stake by 1.53 million shares from 3.24 million, lowering chip-cycle volatility. Eli Lilly: Cut to just 117,000 shares from 184,000, easing risks tied to high valuations and drug-pipeline hiccups. In short, Q2's moves reflect a reset: The fund reduced its exposure to hardware cycles and volatile geographies, while doubling down on AI infrastructure and platform fund manager doubles down on Nvidia, partner in AI stack shift first appeared on TheStreet on Aug 15, 2025 This story was originally reported by TheStreet on Aug 15, 2025, where it first appeared. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
4 days ago
- Yahoo
Billionaire Philippe Laffont Is Betting Big on Oracle Stock. Should You?
Tech giants have long been a favorite hunting ground for billionaire hedge fund managers seeking stable growth and exposure to transformative trends. From cloud computing to artificial intelligence (AI), these companies often deliver the kind of scale, recurring revenue, and innovation that Wall Street loves. One such giant is Oracle (ORCL), a software and cloud infrastructure leader that's steadily carving out a bigger role in the AI-driven enterprise landscape. Recently, billionaire Philippe Laffont's Coatue Management made a bold move by acquiring roughly 3.86 million shares of Oracle, worth about $843.3 million. This sizable bet signals strong confidence in Oracle's growth trajectory, as the company expands its cloud and AI offerings to compete with industry heavyweights like Microsoft (MSFT) and Amazon (AMZN). More News from Barchart UnitedHealth Stock Soars as Warren Buffett's Berkshire Hathaway Discloses $1.57B Stake Palantir CEO Alex Karp Sees More Gains Ahead With America-Focused Growth Strategy, Calls U.S. The 'Leader of the Free World' Lucid Motors Is Caught in a Tariff Trap. Is LCID Stock More Likely to Hit $1 or $7 in 2025? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Let's take a closer look at whether Oracle's momentum and strategic moves make it a stock worth holding now. About ORCL Stock Based in Austin, Texas, Oracle is a tech company and a global leader in enterprise software and cloud solutions, steadily building its position in 2025. Its push into AI, growing cloud infrastructure, and partnerships have fueled strong demand. Oracle hit an all-time high this year, driven by major AI projects and a key cloud deal, putting it among the top cloud providers. With its powerful Software-as-a-Service (SaaS), database, and Oracle Cloud Infrastructure (OCI) offerings, Oracle is well-positioned for AI-driven growth. Valued at $690 billion by market cap, Oracle has been one of the top performers in 2025, climbing about 47% year-to-date. The rally has been fueled by surging demand for cloud computing and AI services, with cloud sales posting sharp gains. Strong growth in future bookings, record annual revenue, and aggressive multi-cloud partnerships have further strengthened investor confidence. Oracle Supercharges Cloud & AI Growth Oracle is rapidly expanding its cloud business, which now has the biggest part of its revenue. Demand for its cloud services, like OCI (infrastructure) and SaaS (Fusion/NetSuite), is also rising thanks to partnerships with AWS, Microsoft (MSFT) Azure, and Google (GOOGL) Cloud. CEO Larry Ellison said Oracle now has dozens of OCI regions running on Azure and Google, plus a new AWS deal using its Exadata hardware. The company is also investing heavily in AI, building a huge Nvidia (NVDA) powered data center and signing $3 billion worth of new cloud-GPU contracts. Recently, Oracle expanded its Google Cloud partnership to add Gemini 2.5 AI models, letting customers use top AI tools from multiple providers through Oracle's platform. On top of that, BNP Paribas Exane says Oracle will play a bigger role in the Stargate Project, supplying 4.5 gigawatts of data center power to OpenAI. This deal could bring in $30 billion to $60 billion a year and shows how major cloud providers are leading the AI race. ORCL Beats Q4 Earnings Estimate Oracle's latest earnings paint a clear picture of a company riding strong momentum. In Q4, the tech giant smashed analyst expectations, reporting $15.9 billion in revenue, up 8% year-over-year, and delivering EPS of $1.35, beating estimates of $1.30. The real growth engine was its cloud business. Infrastructure-as-a-Service (IaaS) revenue surged 52% in the quarter, while SaaS rose 12%, pushing total cloud revenue to $6.7 billion, a 27% annual increase. Oracle's remaining performance obligations, a key indicator of future booked business, jumped 41% to $138 billion, signaling sustained demand ahead. Management expects the momentum to accelerate. CEO Safra Catz projects total cloud growth above 40% in FY2026, compared to 24% in FY2025, while Chairman Larry Ellison anticipates triple-digit growth in multi-cloud database revenue from major partners such as AWS, Google, and Microsoft Azure. The balance sheet also stayed strong, with operating cash flow climbing 12% to $20.8 billion for the year, highlighting robust cash generation. For the current quarter, Oracle forecasts revenue growth of 12% to 14% to roughly $15 billion, with adjusted EPS between $1.46 and $1.50, broadly in line with Wall Street expectations. What Do Analysts Think About ORCL Stock? Last month, Evercore ISI named Oracle the 'fourth global hyperscaler' alongside AWS, Google Cloud, and Microsoft Azure, citing a $30B AI cloud deal by FY2028, strong OCI growth, and rising database migrations. The firm raised its price target to $270, noting Oracle's accelerating cloud-driven revenue momentum. Similarly, on Aug. 5, BofA's Brad Sills lifted Oracle's price target 34% to $295, keeping a 'Neutral' rating. Overall, ORCL holds a bullish 'strong buy' consensus from 36 Wall Street analysts tracked by Barchart. While the group's mean price target of $248 suggests just a 1% upside from current levels, the Street-high target of $325 points to a potential 33% gain. On the date of publication, Nauman Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. 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Yahoo
5 days ago
- Yahoo
Philippe Laffont's Strategic Moves: Oracle Corp Takes Center Stage with 2.35% Portfolio Allocation
Insightful Analysis of Philippe Laffont (Trades, Portfolio)'s Latest 13F Filing Warning! GuruFocus has detected 5 Warning Signs with CRWV. Philippe Laffont (Trades, Portfolio), a prominent figure in the investment world, recently submitted his 13F filing for the second quarter of 2025, revealing strategic adjustments in his portfolio. Laffont is the founder of Coatue Management, a hedge fund known for its tech-centric investment approach. Established in 1999, Coatue Management operates from its headquarters in New York, with additional offices in Edison, New Jersey, and Menlo Park, California. The firm employs a fundamental analysis strategy, focusing on both long and short positions, and is renowned for its top-down stock-picking methodology. Coatue primarily invests in publicly traded equity securities, with a significant emphasis on the information technology sector, which constitutes over half of its total assets. The firm also diversifies its investments across consumer discretionary, healthcare, utilities, telecommunications, and energy sectors. Summary of New Buy Philippe Laffont (Trades, Portfolio) added a total of 13 stocks to his portfolio this quarter. The most significant addition was Oracle Corp (NYSE:ORCL), with 3,857,262 shares, accounting for 2.35% of the portfolio and a total value of $843.31 million. The second largest addition was ARM Holdings PLC (NASDAQ:ARM), consisting of 4,633,454 shares, representing approximately 2.09% of the portfolio, with a total value of $749.41 million. The third largest addition was Chime Financial Inc (NASDAQ:CHYM), with 10,821,992 shares, accounting for 1.04% of the portfolio and a total value of $373.47 million. Key Position Increases Philippe Laffont (Trades, Portfolio) also increased stakes in a total of 19 stocks. The most notable increase was in Broadcom Inc (NASDAQ:AVGO), with an additional 2,075,267 shares, bringing the total to 5,647,507 shares. This adjustment represents a significant 58.09% increase in share count, a 1.59% impact on the current portfolio, and a total value of $1,556.74 million. The second largest increase was in CoreWeave Inc (NASDAQ:CRWV), with an additional 3,394,574 shares, bringing the total to 17,797,573. This adjustment represents a significant 23.57% increase in share count, with a total value of $2,902.07 million. Summary of Sold Out Philippe Laffont (Trades, Portfolio) completely exited 13 holdings in the second quarter of 2025. Notable exits include Super Micro Computer Inc (NASDAQ:SMCI), where Laffont sold all 8,866,735 shares, resulting in a -1.34% impact on the portfolio. Another significant exit was Monolithic Power Systems Inc (NASDAQ:MPWR), with the liquidation of all 193,432 shares, causing a -0.49% impact on the portfolio. Key Position Reduces Philippe Laffont (Trades, Portfolio) also reduced positions in 19 stocks. The most significant changes include a reduction in Alibaba Group Holding Ltd (NYSE:BABA) by 2,933,936 shares, resulting in a -77.17% decrease in shares and a -1.71% impact on the portfolio. The stock traded at an average price of $118.61 during the quarter and has returned 0.13% over the past 3 months and 46.32% year-to-date. Another notable reduction was in Atlassian Corp (NASDAQ:TEAM) by 962,199 shares, resulting in a -29.42% reduction in shares and a -0.9% impact on the portfolio. The stock traded at an average price of $208.3 during the quarter and has returned -24.59% over the past 3 months and -31.56% year-to-date. Portfolio Overview As of the second quarter of 2025, Philippe Laffont (Trades, Portfolio)'s portfolio included 70 stocks. The top holdings were 8.08% in CoreWeave Inc (NASDAQ:CRWV), 7.57% in Meta Platforms Inc (NASDAQ:META), 6.21% in Inc (NASDAQ:AMZN), 5.54% in GE Vernova Inc (NYSE:GEV), and 5.45% in Microsoft Corp (NASDAQ:MSFT). The holdings are mainly concentrated in 9 of the 11 industries: Technology, Communication Services, Consumer Cyclical, Industrials, Financial Services, Utilities, Healthcare, Consumer Defensive, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Sign in to access your portfolio
