Philippe Laffont's technology-focused hedge fund, Coatue Management, fully liquidated its position in Visa (V) during the second quarter of 2026. The firm sold its entire holding of 718,750 shares, which was previously valued at approximately $217.24 million and accounted for 0.75% of its reported portfolio.
This trade was disclosed in an August 14th 13F filing, which details the firm's holdings as of June 30, 2026. It's important to note that these quarterly filings reflect past activity and not necessarily the fund's current, real-time portfolio. The sale occurred during a quarter where Visa reported strong revenue and earnings growth.