Altimeter Capital
Picture
Moves
Options: 3 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- added+10.11
- added−0.38
- held
- held
- added+5.35
Positions
| UALUnited Airlines Holdings, Inc. | 22.49% | 4,812,903 | $322M | added+68% | +10.11 pp | 7 q |
| EXPEExpedia Group, Inc. | 11.27% | 1,890,049 | $161M | added+31% | −0.38 pp | 5 q |
| RCLRoyal Caribbean Group | 10.86% | 1,886,110 | $155M | held | — | 7 q |
| CARAvis Budget Group, Inc. | 8.66% | 1,868,543 | $124M | held | — | 7 q |
| TRIPTripAdvisor, Inc. | 6.26% | 1,200,000 | $90M | added×11.2 | +5.35 pp | 2 q |
| unresolvedPriceline Grp Inc | 6.00% | 75,351 | $86M | trimmed−9% | −2.81 pp | 7 q |
| ALKAlaska Air Group, Inc. | 5.54% | 1,328,146 | $79M | held | — | 7 q |
| METAMeta Platforms, Inc. Class A | 4.33% | 795,045 | $62M | held | — | 7 q |
| AALAmerican Airlines Group Inc. | 3.76% | 1,004,161 | $54M | added+33% | +1.29 pp | 5 q |
| HANHawaiian Holdings Inc | 3.43% | 1,883,812 | $49M | added+5% | +1.21 pp | 6 q |
| DALDelta Air Lines, Inc. | 3.31% | 963,455 | $47M | held | — | 7 q |
| CTRPTrip.com Group Limited | 2.82% | 886,258 | $40M | held | — | 7 q |
| unresolvedHertz Global Holdings Inc | 2.81% | 1,615,235 | $40M | trimmed−64% | −7.76 pp | 7 q |
| unresolvedQunar ADR | 2.03% | 1,024,326 | $29M | new | +2.03 pp | new |
| unresolvedZillow | 1.57% | 212,200 | $22M | added×2.6 | +0.70 pp | 2 q |
| DWREDemandware Inc Com Stk (De) | 1.48% | 367,550 | $21M | added+27% | +0.12 pp | 7 q |
| HUBSHubspot, Inc. | 0.72% | 347,902 | $10M | new | +0.72 pp | new |
| SAVEQSpirit Airlines, Inc. | 0.53% | 100,000 | $8M | held | — | 7 q |
| RHTRed Hat Inc | 0.44% | 91,852 | $6M | trimmed−0% | −0.04 pp | 7 q |
| AMZNAmazon.Com Inc | 0.43% | 20,000 | $6M | held | — | 7 q |
| unresolvedElong Inc | 0.38% | 299,950 | $5M | added×3.7 | +0.23 pp | 7 q |
| WDAYWorkday, Inc. Class A | 0.26% | 45,000 | $4M | new | +0.26 pp | new |
| BYDBoyd Gaming Corporation | 0.18% | 200,000 | $3M | held | — | 7 q |
| unresolvedNq Mobile Inc - ADR | 0.18% | 660,183 | $3M | trimmed−6% | −0.27 pp | 7 q |
| CHDNChurchill Downs Inc | 0.09% | 13,301 | $1M | held | — | 7 q |
| FIVNFIVE9, Inc. | 0.09% | 289,429 | $1M | new | +0.09 pp | new |
| unresolvedOrbitz Worldwide Inc | 0.06% | 111,000 | $914,000 | held | — | 7 q |
| GRPNGroupon, Inc. | — | −3,512,748 | — | exited | −2.17 pp | — |
| CPACopa Holdings, S.A. | — | −218,654 | — | exited | −2.16 pp | — |
| unresolvedConcur Technologies Inc | — | −135,640 | — | exited | −1.59 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| TRIP CALL | 50.90% | 30 | $2M |
| GRPN CALL | 49.10% | 120 | $2M |
Notes