TheChek News Flow

Coinbase intends to use the net proceeds from the offering for general corporate purposes, which may include working capital and capital expenditures, and to pay the cost of certain capped call transactions.

Highlights from 2021 Q1 filing as compared to Q4 2020:

• New positions in: RBLX (~40.43 mln shares), OSCR (~5.56 mln), PLTK (~5.5 mln), TBA (~4 mln), CPNG (~3.57 mln), FUTU (~3.34 mln), ROOT (~3.11 mln), TUYA (~2.85 mln), AGCB (~2 mln), DOCN (~1.7 mln), XM (~1.65 mln), ONTF (~1.6 mln), SVFC (~1.1 mln), BMBL (~1 mln)
• Increased positions in: EDU (to ~18.44 mln shares from ~1.84 mln shares), DASH (to ~5.81 mln from ~1.6 mln), ONEM (to ~7.62 mln from ~3.93 mln), DOCU (to ~5.15 mln from ~1.77 mln), MSFT (to ~13.72 mln from ~11.89 mln) ZM (to ~2.45 mln from ~1.44 mln), APO (to ~34.91 mln from ~33.91 mln) COUP (to ~1.43 mln from ~0.67 mln), ADBE (to ~0.74 mln from ~0.17 mln), NOW (to ~2.16 mln from ~1.64 mln), SNOW (to ~2.23 mln from ~1.75 mln), ASAN (to ~2.88 mln from ~2.42 mln), SQ (to ~0.77 mln from ~0.41 mln) SHOP (to ~0.52 mln from ~0.19 mln), SE (to ~9.51 mln from ~9.23 mln)
• Maintained positions in: JD (~51.65 mln shares), PDD (~14.05 mln shares), PTON (~7.86 mln shares), CRWD (~7.54 mln shares), CVNA (~6.01 mln shares), BABA (~4.48 mln shares), WDAY (~4.13 mln shares), SPOT (~3.18 mln shares), TEAM (~2.47 mln shares), CRM (~2.29 mln shares), TDG (~1.76 mln shares), NFLX (~1.06 mln shares), AMZN (~0.61 mln shares)
• Closed positions in: GOTU (from ~3.02 mln shares), YALA (from ~0.35 mln)
• Decreased positions in: UBER (to ~20.82 mln shares from ~27.68 mln shares), DESP (to ~7.72 mln from ~9.26 mln), RUN (to ~7.07 mln from ~8.07 mln), FB (to ~5.56 mln from ~6.33 mln), GDS (to ~3.68 mln from ~4.36 mln

Highlights from 2021 Q1 filing as compared to Q4 2020:

• New positions in: TLND (~0.65 mln shares)
• Increased positions in: TIMB (to ~3.9 mln shares from ~1 mln shares), OXY (to ~3 mln from ~1.19 mln), ALXN (to ~1.4 mln from ~0.25 mln), XOM (to ~1 mln from ~0.57 mln)
• Maintained positions in: THM (~61.93 mln shares), BHC (~25.84 mln shares), NG (~22.23 mln shares), BSIG (~20 mln shares), ENDP (~18.33 mln shares), VTRS (~11.48 mln shares), HZNP (~7.99 mln shares), AU (~5.97 mln shares)
• Closed positions in: DISCK (from ~6.9 mln shares), VIAC (from ~1.57 mln), AEL (from ~1 mln)
• Decreased positions in: TAK (to ~4.73 mln shares from ~11.3 mln shares), THRY (to ~2.81 mln from ~3.22 mln

Highlights from 2021 Q1 filing as compared to Q4 2020:

• New positions in: AJAX (~1 mln shares), CAP (~0.66 mln), HZON (~0.65 mln), TWND (~0.65 mln), AACQ (~0.51 mln), HEC (~0.5 mln), FIII (~0.48 mln), BLMN (~0.46 mln), MSFT (~0.45 mln), ACAC (~0.43 mln), ARYD (~0.4 mln), VGAC (~0.26 mln), CFAC (~0.25 mln), ATAC (~0.19 mln), EXPE (~0.17 mln)
• Increased positions in: EXC (to ~3.85 mln shares from ~2.1 mln shares), CCEP (to ~1.8 mln from ~0.77 mln), TMUS (to ~1.28 mln from ~0.7 mln), LSXMK (to ~1.01 mln from ~0.54 mln), ATUS (to ~3.51 mln from ~3.1 mln) LSXMA (to ~0.76 mln from ~0.53 mln), JPM (to ~0.42 mln from ~0.37 mln)
• Maintained positions in: FISV (~0.52 mln shares), DIS (~0.23 mln)
• Closed positions in: AEO (from ~1.89 mln shares), IAC (from ~0.37 mln), CNP (from ~0.32 mln), ZEN (from ~0.26 mln), WDAY (from ~0.24 mln), EVRG (from ~0.22 mln), HCA (from ~0.13 mln), ADBE (from ~0.08 mln), HUM (from ~0.04 mln)
• Decreased positions in: MGM (to ~15.67 mln shares from ~22.54 mln shares), FE (to ~0.5 mln from ~3.35 mln), ATVI (to ~0.29 mln from ~1.13 mln), GLD (to ~0.12 mln from ~0.51 mln), NFLX (to ~0.01 mln from ~0.06 mln

Highlights from 2021 Q1 filing as compared to Q4 2020:

• New positions in: VG (~5.8 mln shares), CONE (~0.55 mln)
• Increased positions in: THS (to ~4.15 mln shares from ~2.03 mln shares), LH (to ~1.14 mln from ~0.81 mln)
• Maintained positions in: CAG (~10.86 mln shares
• Closed positions in: BLMN (from ~4 mln shares), TGNA (from ~1.7 mln), NEWR (from ~0.35 mln), GRA (from ~0.31 mln)
• Decreased positions in: EHC (to ~1.7 mln shares from ~2.59 mln shares), SPY (to ~0.24 mln from ~0.28 mln

Highlights from 2021 Q1 filing as compared to Q4 2020:

• New positions in: AON (~4.1 mln shares)
• Increased positions in: KR (to ~51.06 mln shares from ~33.53 mln shares), VZ (to ~158.82 mln from ~146.72 mln), MMC (to ~5.29 mln from ~4.27 mln)
• Maintained positions in: BAC (~1010.1 mln shares), AAPL (~887.14 mln shares), KO (~400 mln shares), KHC (~325.63 mln shares), AXP (~151.61 mln shares), USB (~129.69 mln shares), BK (~72.36 mln shares), DVA (~36.1 mln shares), MCO (~24.67 mln shares),
• Closed positions in: SYF (from ~20.13 mln shares), SU (from ~13.85 mln)
• Decreased positions in: WFC (to ~0.68 mln shares from ~52.42 mln shares), CVX (to ~23.67 mln from ~48.5 mln), LBTYA (to ~3.36 mln from ~18.01 mln), MRK (to ~17.88 mln from ~28.7 mln), AXTA (to ~13.89 mln from ~23.42 mln), SIRI (to ~43.66 mln from ~50 mln), GM (to ~67 mln from ~72.5 mln), STNE (to ~10.7 mln from ~14.17 mln), ABBV (to ~22.87 mln from ~25.53 mln), BMY (to ~31.03 mln from ~33.34 mln)

Highlights from 2021 Q1 filing as compared to Q4 2020:

• New positions in: PSFE (~10 mln shares), CHK (~3.73 mln), VIAC (~3.45 mln), AR (~2.96 mln), ETWO (~2.5 mln), IQ (~1.64 mln), APA (~1.51 mln), AGCB (~1.5 mln)
• Increased positions in: XLE (to ~4.32 mln shares from ~3.13 mln shares), FCX (to ~1.5 mln from ~0.94 mln), XOP (to ~1.37 mln from ~0.93 mln), OXY (to ~8.4 mln from ~8.1 mln), GT (to ~4.62 mln from ~4.45 mln) QCOM (to ~0.75 mln from ~0.6 mln), UNH (to ~0.28 mln from ~0.2 mln) ADS (to ~0.46 mln from ~0.45 mln),
• Closed positions in: TEN (from ~0.78 mln shares), KMI (from ~0.59 mln), WFC (from ~0.4 mln), ENBL (from ~0.31 mln), MMP (from ~0.28 mln), SQ (from ~0.18 mln)
• Decreased positions in: PCG (to ~28.6 mln shares from ~42.37 mln shares), TWTR (to ~2.65 mln from ~4.75 mln), ET (to ~22.82 mln from ~24.07 mln), M (to ~5.27 mln from ~6.4 mln), BABA (to ~1.14 mln from ~1.9 mln), MU (to ~7.28 mln from ~8 mln), TMUS (to ~4.19 mln from ~4.91 mln), DIS (to ~0.35 mln from ~0.75 mln), PYPL (to ~0.18 mln from ~0.53 mln), EPD (to ~3.24 mln from ~3.45 mln)

Highlights from 2021 Q1 filing as compared to Q4 2020:

• New positions in: PLTR (~5.98 mln shares), C (~2.12 mln), FHN (~1.95 mln), ON (~1.84 mln), BLDR (~1.32 mln), NKTR (~1 mln), CPNG (~0.71 mln), FSR (~0.71 mln), SYF (~0.55 mln), KBR (~0.52 mln), TSM (~0.39 mln), DGNR (~0.28 mln), TIGR (~0.27 mln), JPM (~0.26 mln), FIS (~0.2 mln), FB (~0.19 mln), MU (~0.18 mln)
• Increased positions in: FLEX (to ~2.8 mln shares from ~1.73 mln shares), USFD (to ~0.89 mln from ~0.16 mln), VALE (to ~1.29 mln from ~0.69 mln), UBER (to ~0.87 mln from ~0.32 mln), SBUX (to ~2.26 mln from ~1.98 mln) OPCH (to ~0.66 mln from ~0.39 mln), EXPE (to ~0.44 mln from ~0.27 mln)
• Maintained positions in: GE (~4.38 mln shares), GOLD (~3.61 mln shares), RETA (~0.75 mln shares), RUN (~0.66 mln shares)
• Closed positions in: CCL (from ~2.64 mln shares), NEE (from ~0.78 mln), DIS (from ~0.68 mln), ELAN (from ~0.62 mln), NYT (from ~0.51 mln), CNQ (from ~0.41 mln), SMAR (from ~0.4 mln), ARCE (from ~0.24 mln), LYV (from ~0.21 mln)
• Decreased positions in: NUAN (to ~0.75 mln shares from ~2.91 mln shares), TMUS (to ~1.59 mln from ~2.34 mln), NET (to ~0.1 mln from ~0.79 mln), PENN (to ~0.9 mln from ~1.52 mln), MSFT (to ~2.13 mln from ~2.64 mln), CVNA (to ~0.21 mln from ~0.49 mln), SE (to ~0.58 mln from ~0.76 mln), FCX (to ~6.12 mln from ~6.28 mln), PANW (to ~0.42 mln from ~0.46 mln)