Twilio Inc (TWLO): Coatue Management Discloses 6.25% Stake

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A new 13G filing with the Securities and Exchange Commission shows that Philippe Laffont‘s Coatue Management has acquired 625,000 class A common shares of Twilio Inc (NYSE:TWLO), which account for 6.25% of the company’s total outstanding stock. The acquisition represents a new addition to Coatue Management’s portfolio.

Twilio is a cloud communications company which recently went public. Since it started trading on June 24 the company’ stock has been a resounding success, gaining 29.56%. The stock’s success could prove a boon to the IPO market, which has stagnated of late due to under-performance, pushing many companies to remain private. Twilio will announce its quarterly results for the first time as a publicly-traded company on August 8.


You can access the original SEC filing by clicking here.

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Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Coatue Management 0 625,000 0 625,000 625,000 6.25%
Coatue Offshore Master Fund 0 553,987 0 553,987 553,987 5.54%
Philippe Laffont 0 625,000 0 625,000 625,000 6.25%

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Page 1 of 11 – SEC Filing

Under the Securities Exchange Act of 1934
(Amendment No. )*
Twilio Inc.
(Name of Issuer)
Class A Common Stock, $0.001 par value per share
(Title of Class of Securities)
(CUSIP Number)
June 30, 2016
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[_]  Rule 13d-1(b)
[X]  Rule 13d-1(c)
[_]  Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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