Altimeter Capital

Q3 2022 13F · by Brad Gerstner, founder

As of: Sep 30, 2022
Filed: Nov 14, 2022
US stock: $4.7B · prev $4.4B
Positions: 16 · prev 15
Options notional: $0
Documents: 1· no amendments

Picture99.8% US stock

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

US stock listed on a US exchange 99.8%
Foreign stock not listed in the US 0.2%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves10 since the prior filing

+2.5 pp in · −11.6 pp out

New 2 +2.45 pp
Added 0 0.00 pp
Trimmed 7 −11.46 pp
Exited 1 −0.15 pp

The book

Very concentrated · behaves like 2 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 9.8% a year, about 10.2 years per position

Low
Moderate
High

Top 5 positions92% of US stock

SNOW Snowflake Inc. held held61.8%
UBER Uber Technologies, Inc. held held8.8%
MSFT Microsoft Corp trimmed−2.71 pp trimmed−2.717.6%
CFLT Confluent, Inc. Class A trimmed−0.71 pp trimmed−0.717.0%
META Meta Platforms, Inc. Class A trimmed−2.25 pp trimmed−2.256.8%

Positions16 in this filing · 1 exited


SNOWSnowflake Inc.	61.79%	17,001,796	$2.9B	held	—	9 q
UBERUber Technologies, Inc.	8.83%	15,577,600	$413M	held	—	14 q
MSFTMicrosoft Corp	7.64%	1,533,135	$357M	trimmed−13%	−2.71 pp	19 q
CFLTConfluent, Inc. Class A	6.97%	13,716,310	$326M	trimmed−5%	−0.71 pp	6 q
METAMeta Platforms, Inc. Class A	6.81%	2,346,976	$318M	trimmed−5%	−2.25 pp	19 q
RBLXRoblox Corporation	2.18%	2,850,000	$102M	held	—	7 q
OPENOpendoor Technologies Inc	1.60%	24,076,000	$75M	trimmed−10%	−1.28 pp	5 q
PDDPDD Holdings Inc.	1.47%	1,100,000	$69M	new	+1.47 pp	new
TSLATesla, Inc.	0.98%	173,000	$46M	new	+0.98 pp	new
GTLBGitLab Inc. Class A	0.67%	611,206	$31M	trimmed−36%	−0.50 pp	4 q
MDBMongoDB, Inc. Class A	0.39%	92,610	$18M	trimmed−65%	−1.20 pp	4 q
OKTAOkta, Inc. Class A	0.30%	250,000	$14M	held	—	22 q
unresolvedAltimeter Growth Corp	0.15%	2,714,995	$7M	trimmed−95%	−2.81 pp	5 q
unresolved23ANDME Holding Co	0.10%	1,652,021	$5M	held	—	6 q
PATHUiPath, Inc.	0.06%	240,864	$3M	held	—	6 q
unresolvedAltimeter Growth Corp	0.04%	3,502,000	$2M	held	—	4 q
HCPHashiCorp, Inc. Class A	—	−225,000	—	exited	−0.15 pp	—

Source

Form: 13F-HR
Reading: 2 defects · 3 unresolved
Accession: 0001541617-22-000020
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

A security outside the official 13F list — CUSIP G0370L108 not on the Official 13(f) List for 2022-09-30
A security outside the official 13F list — CUSIP G0370L116 not on the Official 13(f) List for 2022-09-30