$4.1 Billion is the total value of Altimeter Capital Management's 30 reported holdings in Q3 2019. The portfolio turnover from Q2 2019 to Q3 2019 was 40.7% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| UAL | Sell | UNITED AIRLINES HLDGS INC | $1,044,544,000 | +0.9% | 11,814,776 | -0.1% | 25.49% | -10.1% |
| FB | FACEBOOK INCcl a | $668,405,000 | -7.7% | 3,753,400 | 0.0% | 16.31% | -17.8% | |
| CRM | Buy | SALESFORCE COM INC | $613,637,000 | +1344.4% | 4,133,903 | +1376.4% | 14.97% | +1187.4% |
| EXPE | EXPEDIA GROUP INC | $456,953,000 | +1.0% | 3,399,693 | 0.0% | 11.15% | -10.0% | |
| UBER | Buy | UBER TECHNOLOGIES INC | $426,580,000 | +256.5% | 14,000,000 | +442.7% | 10.41% | +217.7% |
| PDD | Buy | PINDUODUO INCsponsored ads | $279,992,000 | +123.5% | 8,690,000 | +43.1% | 6.83% | +99.2% |
| BKNG | BOOKING HLDGS INC | $267,704,000 | +4.7% | 136,402 | 0.0% | 6.53% | -6.7% | |
| MSFT | Buy | MICROSOFT CORP | $72,991,000 | +9.0% | 525,000 | +5.0% | 1.78% | -2.9% |
| BABA | Buy | ALIBABA GROUP HLDG LTDsponsored ads | $49,224,000 | +63.3% | 294,350 | +65.5% | 1.20% | +45.6% |
| MDB | Buy | MONGODB INCcl a | $32,457,000 | +33.4% | 269,401 | +68.4% | 0.79% | +18.9% |
| ESTC | ELASTIC NV | $24,702,000 | +10.3% | 300,000 | 0.0% | 0.60% | -1.6% | |
| OKTA | Buy | OKTA INCcl a | $24,615,000 | -0.4% | 250,000 | +25.0% | 0.60% | -11.1% |
| NTNX | Sell | NUTANIX INCcl a | $23,794,000 | -28.5% | 906,444 | -29.4% | 0.58% | -36.2% |
| TRVG | TRIVAGO NV | $21,458,000 | -2.4% | 5,221,028 | 0.0% | 0.52% | -13.0% | |
| DT | New | DYNATRACE INC | $14,003,000 | – | 750,000 | +100.0% | 0.34% | – |
| AMZN | AMAZON COM INC | $13,887,000 | -8.3% | 8,000 | 0.0% | 0.34% | -18.3% | |
| FTCH | New | FARFETCH LTDord sh cl a | $9,216,000 | – | 1,066,709 | +100.0% | 0.22% | – |
| SAVE | SPIRIT AIRLS INC | $8,168,000 | -23.9% | 225,000 | 0.0% | 0.20% | -32.3% | |
| CRWD | Buy | CROWDSTRIKE HLDGS INCcl a | $7,289,000 | +33.4% | 125,000 | +56.2% | 0.18% | +18.7% |
| UAL | Sell | UNITED AIRLINES HLDGS INCcall | $6,246,000 | -49.8% | 13,150 | -41.7% | 0.15% | -55.4% |
| PACK | RANPAK HOLDINGS CORP | $6,060,000 | -31.5% | 1,000,000 | 0.0% | 0.15% | -38.8% | |
| NCLH | Buy | NORWEGIAN CRUISE LINE HLDG L | $5,695,000 | +51.7% | 110,000 | +57.1% | 0.14% | +35.0% |
| UBER | New | UBER TECHNOLOGIES INCcall | $3,475,000 | – | 15,000 | +100.0% | 0.08% | – |
| DDOG | New | DATADOG INC | $3,391,000 | – | 100,000 | +100.0% | 0.08% | – |
| ANGI | New | ANGI HOMESERVICES INC | $3,330,000 | – | 470,000 | +100.0% | 0.08% | – |
| ALGT | ALLEGIANT TRAVEL CO | $2,993,000 | +4.3% | 20,000 | 0.0% | 0.07% | -7.6% | |
| PTON | New | PELOTON INTERACTIVE INC | $2,510,000 | – | 100,000 | +100.0% | 0.06% | – |
| SKYW | SKYWEST INC | $2,009,000 | -5.4% | 35,000 | 0.0% | 0.05% | -15.5% | |
| MESA | Buy | MESA AIR GROUP INC | $1,956,000 | -14.4% | 290,000 | +16.0% | 0.05% | -23.8% |
| RCL | New | ROYAL CARIBBEAN CRUISES LTD | $1,083,000 | – | 10,000 | +100.0% | 0.03% | – |
| Exit | TESLA INCnote 1.25% 3/0 | $0 | – | -6,000,000 | -100.0% | -0.16% | – | |
| YELP | Exit | YELP INCcl a | $0 | – | -300,000 | -100.0% | -0.28% | – |
| GRUB | Exit | GRUBHUB INC | $0 | – | -166,158 | -100.0% | -0.36% | – |
| DATA | Exit | TABLEAU SOFTWARE INCcl a | $0 | – | -3,494,020 | -100.0% | -15.88% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2019-11-14
About Altimeter Capital Management
Altimeter Capital Management is a hedge fund that was founded in 2008 by Brad Gerstner. The firm is based in Boston, Massachusetts, and manages over $15 billion in assets. Altimeter Capital Management is known for its investments in technology companies, including Airbnb, Uber, and Facebook.
Brad Gerstner, the CEO and founder of Altimeter Capital Management, has a background in the travel industry. He previously founded and served as CEO of National Leisure Group, a travel company that was acquired by Travelocity in 2004. Gerstner is known for his long-term investment approach and his focus on disruptive technologies.
Altimeter Capital Management has a team of experienced investment professionals, including Kevin Wang, who serves as the firm's Chief Investment Officer. Wang has over 20 years of experience in the investment industry and previously worked at Goldman Sachs and Blackstone.
The firm's investment strategy is focused on identifying companies that have the potential to disrupt their industries and create long-term value for investors. Altimeter Capital Management takes a concentrated approach to investing, with a portfolio of around 20-30 stocks.
Overall, Altimeter Capital Management is a well-respected hedge fund that has a strong track record of investing in disruptive technologies. While past performance is not indicative of future results, the firm's long-term investment approach and experienced team make it a compelling option for investors looking to gain exposure to the technology sector.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| UNITED CONTL HOLDINGS INC | 34 | Q1 2022 | 45.0% |
| AMAZON.COM INC | 33 | Q3 2023 | 3.1% |
| EXPEDIA INC DEL | 32 | Q1 2022 | 35.6% |
| META PLATFORMS INC | 32 | Q3 2023 | 20.3% |
| OKTA INC | 25 | Q2 2023 | 1.1% |
| MICROSOFT CORP | 23 | Q3 2023 | 10.3% |
| THE PRICELINE GROUP INC | 19 | Q4 2017 | 22.3% |
| ALASKA AIR GROUP INC | 19 | Q4 2017 | 6.6% |
| DELTA AIR LINES INC DEL | 19 | Q2 2018 | 17.8% |
| UBER TECHNOLOGIES INC | 18 | Q3 2023 | 26.1% |
View Altimeter Capital Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Gitlab Inc. | February 14, 2023 | 611,206 | 0.7% |
| CCC Intelligent Solutions Holdings Inc. | August 09, 2021 | 4,000,000 | 0.7% |
| CCC Intelligent Solutions Holdings Inc. | August 09, 2021 | 3,500,000 | 5.1% |
| trivago N.V. | November 25, 2020 | 2,323,000 | 4.2% |
| Dragoneer Growth Opportunities Corp. | August 24, 2020 | 3,500,000 | 5.1% |
| United Airlines Holdings, Inc. | March 27, 2020 | 11,609,043 | 4.7% |
| Tableau Software Inc | February 14, 2019 | 3,484,663 | - |
| Pure Storage, Inc. | February 14, 2018 | 4,200,000 | - |
| NQ Mobile Inc. | July 03, 2014 | ? | ? |
View Altimeter Capital Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-16 |
| 13F-HR | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-01-09 |
View Altimeter Capital Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.