Coatue Management
Coatue Rule of 200 Fintech Inverse Weighted Index

COATFOUR

Index Performance

-40.27%
COATFOUR
+15.20%
SKYY

Overview

Description

Based on Coatue Management's Rule of 200 Methodology and developed by Michael Gilroy, Chase Packard, and Leslie Wang from Coatue's FinTech Practice, the $COATFOUR Index tracks the performance of those mature fintech companies that score lowest in combined 12 Month retention, revenue growth, gross margin, and operating margin. $COATFOUR is a strength-weighted Index and overweights businesses with industry-lagging retention, gross margin, EBIT, & growth. This is an inverse index, as the value goes up as the performance of the components go down.

  • TickerCOATFOUR
  • Inception Date11/11/2022
  • WeightingCustom
  • # of holdings11
What's inside?

Holdings

All holdings as of February 29, 2024
CSV download
Dave, Inc. (DAVE)19.06%$277.28M15.85%54.19%0.35
Toast, Inc. (TOST)13.93%$9.87B41.52%21.35%2.24
Q2 Holdings, Inc. (QTWO)11.94%$2.73B10.42%45.14%4.41
Alkami Technology, Inc. (ALKT)11.44%$2.38B29.65%53.87%8.34
Remitly Global, Inc. (RELY)10.75%$3.89B44.48%54.83%3.53
Automatic Data Processing, Inc. (ADP)10.10%$103.16B6.31%49.58%5.27
Blend Labs, Inc. (BLND)8.47%$586.49M-26.67%54.35%2.26
Lightspeed Commerce, Inc. (LSPD)6.95%$2.15B27.44%30.98%2.86
Affirm Holdings, Inc. (AFRM)4.70%$9.74B47.94%84.74%9.99
Lemonade, Inc. (LMND)2.00%$1.14B86.92%N/A3.24
Hippo Holdings, Inc. (HIPO)0.66%$335.62M87.95%N/A1.16
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