Tesla Motors Inc (TSLA)’s 10 Biggest Hedge Fund Backers

In the latest round of 13F filings, Philippe Laffont‘s Coatue Management was the largest Tesla Motors Inc (NASDAQ:TSLA) shareholder, reporting a $76.2 million stake, which contains 709,800 shares and is also a new position in the hedge fund’s 13F portfolio.

The second-largest shareholder of Tesla that also started a new position in Tesla during the second quarter of the year is Bridger Management, managed by Roberto Mignone. The stake involves 600,000 shares of Tesla, worth $64.4 million. In addition, D. E. Shaw‘s hedge fund, D E Shaw disclosed ownership of almost 436,000 shares, the stake being valued at $46.8 million. D E Shaw’s position in Tesla surged by over 1,000% as in comparison with the January-March period. Drew Cupps‘ Cupps Capital Management reported a stake worth $38.5 million, which contains about 358,600 shares of Tesla. During the second quarter of the year, Cupps Capital Management cut its stake in Tesla by 37%.

In the equity portfolio of Daniel Benton‘s Andor Capital Management, Tesla Motors Inc (NASDAQ:TSLA) accounts for 4.7% of the portfolio. In this way, the hedge fund initiated a position that contains 300,000 shares, worth $32.2 million. Another “hedgie” that disclosed a stake in Tesla is Daniel Gold, the manager of QVT Financial. The hedge fund reported a new position in Tesla, which contains 225,000 shares, and is valued at $24.2 million, representing 1.6% of the QVT’s equity portfolio.

Capital Growth Management, managed by Ken Heebner, also reported ownership of 215,000 shares of Tesla Motors Inc (NASDAQ:TSLA). The stake is worth $23.1 million and was added to the equity portfolio of Capital Growth Management during the second quarter of the year.

Other hedge funds that hold shares of Tesla are Columbus Circle Investors, managed by Donald Chiboucis, and Ryan Frick and Oliver Evans‘ Dorsal Capital Management, with stakes worth $22.7 million and $20.4 million respectively.

Jim Simons‘ hedge fund Renaissance Technologies  was also bullish on Tesla, reporting a $19.1 million position last quarter.

Disclosure: none