Altimeter Capital

Q1 2023 13F · by Brad Gerstner, founder

As of: Mar 31, 2023
Filed: May 15, 2023
US stock: $4.6B · prev $3.7B
Positions: 11 · prev 11
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%

Moves6 since the prior filing

+8.9 pp in · −0.5 pp out

New 1 +2.59 pp
Added 3 +6.30 pp
Trimmed 1 −0.14 pp
Exited 1 −0.35 pp

The book

Very concentrated · behaves like 3 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 2.8% a year, more than 30 years per position

Low
Moderate
High

Top 5 positions89% of US stock

SNOW Snowflake Inc. held held52.1%
META Meta Platforms, Inc. Class A added+3.80 pp added+3.8010.4%
MSFT Microsoft Corp held held9.7%
UBER Uber Technologies, Inc. trimmed−0.14 pp trimmed−0.149.3%
CFLT Confluent, Inc. Class A added−0.25 pp added−0.257.7%

Positions11 in this filing · 1 exited


SNOWSnowflake Inc.	52.08%	15,369,459	$2.4B	held	—	11 q
METAMeta Platforms, Inc. Class A	10.37%	2,227,876	$472M	added+12%	+3.80 pp	21 q
MSFTMicrosoft Corp	9.71%	1,533,135	$442M	held	—	21 q
UBERUber Technologies, Inc.	9.29%	13,336,600	$423M	trimmed−4%	−0.14 pp	16 q
CFLTConfluent, Inc. Class A	7.66%	14,491,817	$349M	added+12%	−0.25 pp	8 q
NVDANvidia Corp	4.52%	740,570	$206M	added+67%	+2.75 pp	2 q
RBLXRoblox Corporation	2.82%	2,850,000	$128M	held	—	9 q
GOOGLAlphabet Inc. Class A	2.59%	1,134,900	$118M	new	+2.59 pp	new
OKTAOkta, Inc. Class A	0.47%	250,000	$22M	held	—	24 q
GTLBGitLab Inc. Class A	0.46%	611,206	$21M	held	—	6 q
unresolvedAltimeter Growth Corp	0.04%	3,502,000	$2M	held	—	6 q
OPENOpendoor Technologies Inc	—	−11,000,000	—	exited	−0.35 pp	—

Source

Form: 13F-HR
Reading: 1 defect · 1 unresolved
Accession: 0001541617-23-000007
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 G0370L116 not on the Official 13(f) List for 2023-03-31