Filing Details
Carmignac Gestion, a registered investment adviser, increased its position in Atlassian Corporation Class A Common Stock (NASDAQ:TEAM) by 115.8% during Q1 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm purchased an additional 1,397,402 shares of the Technology company, bringing its total holdings to 2,603,770 shares valued at approximately $177.7M as of the filing date.
Market Context
Atlassian Corporation Class A Common Stock's stock currently trades at $77.45 with a market capitalization of $42.8B.
An increase in an existing position suggests Carmignac Gestion has growing conviction in Atlassian Corporation Class A Common Stock's trajectory. Institutional investors typically add to positions when they believe the stock still has upside relative to their price target, or when the company's fundamentals have improved since their initial purchase.
The technology sector has seen significant institutional rotation in recent quarters as investors weigh AI-driven growth against elevated valuations. Atlassian Corporation Class A Common Stock's position within the sector makes institutional activity particularly noteworthy.
The size of this position — $177.7 million — places it among the more significant institutional holdings in Atlassian Corporation Class A Common Stock. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
Related Tools: Insider Trades Tracker | View TEAM Stock Page
Frequently Asked Questions
What is a 13F filing?
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like Carmignac Gestion position their portfolios.
How can I track institutional ownership of TEAM?
View all institutional holders on our TEAM institutional ownership page.