Altimeter Capital

Q3 2020 13F · by Brad Gerstner, founder

As of: Sep 30, 2020
Filed: Nov 16, 2020
US stock: $5.9B · prev $4.7B
Positions: 27 · prev 23
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves12 since the prior filing

+9.0 pp in · −0.1 pp out

New 4 +8.95 pp
Added 6 −0.00 pp
Trimmed 2 −0.13 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 10 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 3.3% a year, more than 30 years per position

Low
Moderate
High

Top 5 positions66% of US stock

UBER Uber Technologies, Inc. added−0.89 pp added−0.8918.1%
META Meta Platforms, Inc. Class A held held16.6%
CRM Salesforce, Inc. trimmed+0.09 pp trimmed+0.0912.6%
PDD PDD Holdings Inc. held held10.9%
EXPE Expedia Group, Inc. held held8.2%

Positions27 in this filing · 0 exited


UBERUber Technologies, Inc.	18.12%	29,411,000	$1.1B	added+2%	−0.89 pp	6 q
METAMeta Platforms, Inc. Class A	16.60%	3,753,400	$983M	held	—	11 q
CRMSalesforce, Inc.	12.59%	2,966,723	$746M	trimmed−6%	+0.09 pp	16 q
PDDPDD Holdings Inc.	10.88%	8,690,000	$644M	held	—	9 q
EXPEExpedia Group, Inc.	8.24%	5,319,216	$488M	held	—	28 q
UUnity Software Inc.	5.60%	3,796,544	$331M	new	+5.60 pp	new
MSFTMicrosoft Corp	4.67%	1,315,135	$277M	added+20%	−0.05 pp	11 q
BKNGBooking Holdings Inc.	3.94%	136,402	$233M	held	—	11 q
UALUnited Airlines Holdings, Inc.	2.82%	4,803,279	$167M	held	—	30 q
CRWDCrowdStrike Holdings, Inc. Class A	2.25%	970,000	$133M	added+11%	+0.40 pp	6 q
SNOWSnowflake Inc.	1.78%	420,000	$105M	new	+1.78 pp	new
MDBMongoDB, Inc. Class A	1.77%	452,000	$105M	held	—	12 q
FTCHQFarfetch Limited A	1.61%	3,779,409	$95M	held	—	5 q
BABAAlibaba Group Holding Limited	1.46%	294,350	$87M	held	—	14 q
AMZNAmazon.Com Inc	1.33%	25,045	$79M	added+95%	+0.58 pp	3 q
OKTAOkta, Inc. Class A	0.99%	275,000	$59M	added+10%	−0.07 pp	14 q
SHOPShopify Inc. Class A subordinate voting shares	0.85%	49,000	$50M	new	+0.85 pp	new
DTDynatrace, Inc.	0.76%	1,100,000	$45M	held	—	5 q
DGNR.UDragoneer Growth Opportuniti	0.72%	3,500,000	$43M	new	+0.72 pp	new
VRMVroom, Inc.	0.66%	757,266	$39M	trimmed−5%	−0.22 pp	2 q
ZMZoom Communications, Inc. Class A	0.64%	80,000	$38M	held	—	2 q
DDOGDatadog, Inc. Class A	0.58%	336,123	$34M	added+12%	+0.03 pp	5 q
SESea Limited	0.58%	223,000	$34M	held	—	2 q
ANGIAngi Inc. Class A	0.17%	890,000	$10M	held	—	5 q
PACKRanpak Holdings Corp.	0.16%	1,000,000	$10M	held	—	6 q
unresolvedTrivago NV	0.14%	5,290,428	$8M	held	—	13 q
SFIXStitch Fix, Inc. Class A	0.11%	250,000	$7M	held	—	2 q

Source

Form: 13F-HR
Reading: 0 defects · 1 unresolved
Accession: 0001104659-20-125814
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

Search