---
title: "Gavin Baker AI portfolio (13F)"
canonical: "https://supercyclehq.com/investors/gavin-baker"
type: "investor"
dataAsOf: "2026-08-14"
period: "2026-06-30"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Gavin Baker: Atreides Management

Founder and CIO of Atreides Management, a tech and consumer crossover fund known for deep semiconductor and AI infrastructure work.

13F for period 2026-06-30, filed 2026-08-14, compared with 2026-03-31. A 13F discloses long US equity positions at quarter end, reported up to 45 days later.

| Measure | Value |
| --- | --- |
| Reported portfolio value | $11.1B |
| In tracked AI stocks | $10.4B (92.9%) |
| Value-weighted AI Exposure Score | 53 |
| Top buildout layer | defense-ai |

## AI positions

| Ticker | Issuer | Value | Shares | Portfolio % | Change vs prior quarter |
| --- | --- | --- | --- | --- | --- |
| [SPCX](https://supercyclehq.com/stock/spacex.md) | SPACE EXPLORATION TECHN CORP | $4.7B | 27,332,943 | 41.89% | new |
| [MU](https://supercyclehq.com/stock/micron-technology.md) | MICRON TECHNOLOGY INC | $821.1M | 711,364 | 7.37% | trimmed (-6.5%) |
| [CBRS](https://supercyclehq.com/stock/cerebras.md) | CEREBRAS SYSTEMS INC | $687.3M | 3,110,086 | 6.17% | new |
| [ALAB](https://supercyclehq.com/stock/astera-labs.md) | ASTERA LABS INC | $587.7M | 1,216,795 | 5.27% | trimmed (-63.8%) |
| [CIEN](https://supercyclehq.com/stock/ciena.md) | CIENA CORP | $337.8M | 688,521 | 3.03% | increased (+1.7%) |
| [CRDO](https://supercyclehq.com/stock/credo-technology.md) | CREDO TECHNOLOGY GROUP HOLDI | $307.1M | 1,129,285 | 2.75% | increased (+3.5%) |
| [PANW](https://supercyclehq.com/stock/palo-alto-networks.md) | PALO ALTO NETWORKS INC | $299.1M | 876,954 | 2.68% | increased (+56.1%) |
| [U](https://supercyclehq.com/stock/unity-software.md) | UNITY SOFTWARE INC | $292.8M | 10,245,819 | 2.63% | trimmed (-17.3%) |
| [COHR](https://supercyclehq.com/stock/coherent-corp.md) | COHERENT CORP | $253.3M | 642,101 | 2.27% | increased (+1.7%) |
| [NVDA](https://supercyclehq.com/stock/nvidia.md) | NVIDIA CORPORATION | $250.0M | 1,249,291 | 2.24% | increased (+0.1%) |
| [AMZN](https://supercyclehq.com/stock/amazon.md) | AMAZON COM INC | $231.1M | 969,629 | 2.07% | increased (+1.7%) |
| [META](https://supercyclehq.com/stock/meta-platforms.md) | META PLATFORMS INC | $226.9M | 402,770 | 2.04% | new |
| [CRWV](https://supercyclehq.com/stock/coreweave.md) | COREWEAVE INC | $211.5M | 2,124,845 | 1.90% | increased (+162.2%) |
| [GOOGL](https://supercyclehq.com/stock/alphabet.md) | ALPHABET INC | $174.5M | 488,296 | 1.57% | trimmed (-12.0%) |
| [TWLO](https://supercyclehq.com/stock/twilio.md) | TWILIO INC | $148.6M | 720,338 | 1.33% | trimmed (-21.8%) |
| [APH](https://supercyclehq.com/stock/amphenol.md) | AMPHENOL CORP | $112.9M | 640,069 | 1.01% | new |
| [AKAM](https://supercyclehq.com/stock/akamai-technologies.md) | AKAMAI TECHNOLOGIES INC | $107.6M | 910,583 | 0.97% | increased (+33.4%) |
| [GTLB](https://supercyclehq.com/stock/gitlab.md) | GITLAB INC | $103.0M | 3,373,169 | 0.92% | new |
| [INTC](https://supercyclehq.com/stock/intel.md) | INTEL CORP | $92.7M | 663,802 | 0.83% | increased (+1.5%) |
| [SMTC](https://supercyclehq.com/stock/semtech.md) | SEMTECH CORP | $89.2M | 551,214 | 0.80% | increased (+1.7%) |
| [TSLA](https://supercyclehq.com/stock/tesla.md) | TESLA INC | $85.9M | 204,275 | 0.77% | increased (+1.7%) |
| [AMBQ](https://supercyclehq.com/stock/ambiq-micro.md) | AMBIQ MICRO INC | $77.4M | 877,123 | 0.69% | increased (+1.7%) |
| [IOT](https://supercyclehq.com/stock/samsara.md) | SAMSARA INC | $74.9M | 2,308,649 | 0.67% | new |
| [NOK](https://supercyclehq.com/stock/nokia.md) | NOKIA CORP | $33.5M | 2,524,974 | 0.30% | increased (+1.7%) |
| [ROG](https://supercyclehq.com/stock/rogers.md) | ROGERS CORP | $31.0M | 189,311 | 0.28% | increased (+1.7%) |
| [NTRA](https://supercyclehq.com/stock/natera.md) | NATERA INC | $28.3M | 104,385 | 0.25% | new |
| [NBIS](https://supercyclehq.com/stock/nebius-group.md) | NEBIUS GROUP N.V. | $17.7M | 64,125 | 0.16% | increased (+1.7%) |
| [QNT](https://supercyclehq.com/stock/quantinuum.md) | QUANTINUUM INC | $3.3M | 39,853 | 0.03% | new |

Exited since the prior quarter: LITE, VST, RBLX, SNPS, AXON, AVAV, RBRK, FROG, SNOW, GFS.

---

Source: https://supercyclehq.com/investors/gavin-baker. Data as of 2026-08-14. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.