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Gavin Baker

Gavin Baker

Founder & CIO — Atreides Management
Technology Growth Investing Semiconductors Software
Long Stock Value
$4.10B
Positions
51
Latest Filing
May 18, 2026
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Fund Founded
2019
Style
Growth / Tech
Typical Positions
30–60
Net Worth
$1B+
Biography

Gavin Baker is the founder and CIO of Atreides Management, a Boston-based technology-focused hedge fund he launched in 2019. Before founding Atreides, Baker spent over a decade at Fidelity Investments managing the Fidelity OTC Portfolio, one of Fidelity's flagship growth funds, where he compiled an exceptional long-term track record investing in technology and consumer growth companies.

Baker is known as one of the most respected technology investors in the hedge fund world, with deep expertise in semiconductors, software, and internet businesses. He is a frequent and thoughtful commentator on technology sector dynamics and is widely followed by institutional investors. Atreides manages several billion dollars and has been an active investor in high-growth technology companies across public and private markets.

Investment Philosophy

The best technology investments are in companies that are simultaneously disrupting large markets and building durable competitive advantages.

— Gavin Baker, Atreides Management
Notable Trades
WIN
Semiconductor Supercycle (2020–2021)
Atreides built significant positions in semiconductor companies ahead of the global chip shortage, generating strong returns as the sector experienced unprecedented demand across data centers, automotive, and consumer electronics.
CURRENT
AI Infrastructure Buildout
Atreides has been an active investor in AI-enabling infrastructure, including data center, networking, and semiconductor companies positioned to benefit from the acceleration of AI workloads globally.
WIN
Fidelity OTC Track Record
Before founding Atreides, Baker managed Fidelity's OTC Portfolio for over a decade, consistently outperforming the Nasdaq composite and establishing his reputation as one of the premier technology growth investors of his generation.
Top Holdings — Atreides Management
Top 5 Holdings · Q1 2026 Filed May 18, 2026
1
ASTERA LABS INC
9.0%
2
UNITY SOFTWARE INC
6.6%
3
CIENA CORP
6.4%
4
MICRON TECHNOLOGY INC
6.3%
5
NVIDIA CORPORATION
5.3%