Coatue Management
Coatue Rule of 200 Fintech Inverse Weighted Index


Index Performance




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?


All holdings as of February 29, 2024
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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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