NASDAQ · Technology

THE TRADE DESK INC TTD

The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company creates, manages, and optimizes digital advertising campaigns across ad formats, channels and devices, including CTV and other video, display, audio, and native, on a multitude of devices, such televisions, streaming devices, mobile devices, computers and digital-out-of-home devices.

Computer Software: Programming Data Processing

Company profile

Business mix

  • The company creates, manages, and optimizes digital advertising campaigns across ad formats, channels and devices.
  • It provides data and other value-added services. It serves advertising agencies, advertisers, and other service providers for agencies or advertisers.
  • The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.

Current key questions

  • Can broadband, mobile, video, and enterprise connectivity demand support subscriber growth, ARPU, and lower churn?
  • How do network investment, fiber capacity, spectrum, competition, regulation, and currency exposure affect free cash flow?
  • Does leverage, asset sales, M&A discipline, or market consolidation improve long-term per-share value?
Holders 1 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 22.49 FCF 8.98% Buyback 3.19%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Coatue Management Philippe Laffont 0.1% $31.5M 2026-03-31

Recent trading changes over the last 4 quarters

Net buyers 3 Last 4 13F filing periods
Net reducers 1 Last 4 13F filing periods
Unchanged holders 1 Share count unchanged
Increase amount $51.1M Estimated from net added shares
Reduction amount $709.4M Estimated from net reduced shares
Net share change / base shares -93.5% -29,364,035 / 31,413,946
Coatue Management Philippe Laffont 4 filing periods
13F 2025-06-30 Filed 2025-08-14
New Shares - 13F value change +$71.9M
13F 2025-09-30 Filed 2025-11-14
Major increase Shares 38.8% 13F value change -$3.9M
13F 2025-12-31 Filed 2026-02-17
Sold out Shares -100.0% 13F value change -$68.0M
13F 2026-03-31 Filed 2026-05-15
New Shares - 13F value change +$31.5M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 4 periods +1,387,089 (New) Total shares 1,387,089 Value $31.5M
Baillie Gifford legacy James Anderson 4 filing periods
13F 2025-06-30 Filed 2025-08-06
Minor reduction Shares -2.3% 13F value change +$491.3M
13F 2025-09-30 Filed 2025-10-31
Minor reduction Shares -5.2% 13F value change -$783.4M
13F 2025-12-31 Filed 2026-01-23
Major reduction Shares -23.4% 13F value change -$580.2M
13F 2026-03-31 Filed 2026-05-08
Major reduction Shares -99.3% 13F value change -$843.3M
Settlement As of 13F 2026-03-31 · Filed 2026-05-08
Base shares 31,413,946 Last 4 periods -31,263,565 (-99.5%) Total shares 150,381 Value $3.4M
Baron Capital Ron Baron 4 filing periods
13F 2025-03-31 Filed 2025-05-15
New Shares - 13F value change +$102.4M
13F 2025-06-30 Filed 2025-08-14
Minor increase Shares 11.6% 13F value change +$48.0M
13F 2025-09-30 Filed 2025-11-14
Minor reduction Shares -13.9% 13F value change -$62.2M
13F 2025-12-31 Filed 2026-02-17
Major reduction Shares -72.2% 13F value change -$69.2M
Settlement As of 13F 2025-12-31 · Filed 2026-02-17
Base shares 0 Last 4 periods +500,036 (New) Total shares 500,036 Value $19.0M
Viking Global Investors Andreas Halvorsen 2 filing periods
13F 2025-06-30 Filed 2025-08-14
New Shares - 13F value change +$192.5M
13F 2025-09-30 Filed 2025-11-14
Sold out Shares -100.0% 13F value change -$192.5M
Settlement As of 13F 2025-09-30 · Filed 2025-11-14
Base shares 0 Last 4 periods +0 (New) Total shares 0 Value $0
Edgewood Management 3 filing periods
13F 2025-03-31 Filed 2025-05-14
New Shares - 13F value change +$807.0M
13F 2025-06-30 Filed 2025-08-13
Minor reduction Shares -7.4% 13F value change +$176.2M
13F 2025-09-30 Filed 2025-11-12
Major reduction Shares -99.9% 13F value change -$982.6M
Settlement As of 13F 2025-09-30 · Filed 2025-11-12
Base shares 0 Last 4 periods +12,405 (New) Total shares 12,405 Value $607,969

Recent mentions

No public mentions.