Atreides Management (Gavin Baker)
Gavin Baker — Managing Partner & CIO of Atreides Management, LP (founded 2019). Ex-Fidelity, where he ran the OTC Portfolio for ~13 years. Among the most-followed AI/semi voices on FinTwit (@GavinSBaker, ~400k+ X followers); widely circulated for technically deep podcast appearances (e.g. Invest Like the Best) on chip architectures, memory, and the AI compute stack.
Concentrated long-biased growth across the AI/semiconductor value chain — compute (NVDA), connectivity/interconnect (Astera Labs, Credo, Ciena, Coherent, Lumentum), memory (Micron), plus AI-software and cybersecurity. Known for fundamental, architecture-level conviction (why memory configs and optical interconnect matter for AI) and for willingness to express it with leverage (NVDA call options).
Top holdings
Largest 13F position; in early 2026 Atreides added leveraged NVDA call options on top of the equity — flagged in press as 'one of his most aggressive bets yet' on the AI-compute leader.
Signature high-conviction connectivity name — held since the Series C private round. Added ~1.75M shares in Q1 2026 (to ~3.37M, ~$369M), a top buy of the quarter; AI back-end interconnect / memory-pooling play.
Optical networking beneficiary of datacenter interconnect / coherent optics demand from the AI buildout.
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Our take
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