Altimeter Capital

Q3 2023 13F · by Brad Gerstner, founder

As of: Sep 30, 2023
Filed: Nov 14, 2023
US stock: $5.3B · prev $5.5B
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%

Moves12 since the prior filing

+1.4 pp in · −2.6 pp out

New 3 +1.32 pp
Added 6 +0.03 pp
Trimmed 0 0.00 pp
Exited 3 −2.58 pp

The book

Very concentrated · behaves like 4 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 11% a year, about 9.2 years per position

Low
Moderate
High

Top 5 positions89% of US stock

SNOW Snowflake Inc. added−4.27 pp added−4.2744.7%
META Meta Platforms, Inc. Class A added+2.13 pp added+2.1313.7%
UBER Uber Technologies, Inc. held held11.6%
MSFT Microsoft Corp added+0.47 pp added+0.479.9%
CFLT Confluent, Inc. Class A added−1.08 pp added−1.089.3%

Positions11 in this filing · 3 exited


SNOWSnowflake Inc.	44.66%	15,400,134	$2.4B	added0%	−4.27 pp	13 q
METAMeta Platforms, Inc. Class A	13.70%	2,404,781	$722M	added+8%	+2.13 pp	23 q
UBERUber Technologies, Inc.	11.64%	13,336,600	$613M	held	—	18 q
MSFTMicrosoft Corp	9.91%	1,652,960	$522M	added+8%	+0.47 pp	23 q
CFLTConfluent, Inc. Class A	9.34%	16,611,943	$492M	added+2%	−1.08 pp	10 q
NVDANvidia Corp	6.38%	772,210	$336M	added+4%	+0.71 pp	4 q
AMZNAmazon.Com Inc	3.03%	1,254,720	$160M	added×3.1	+2.07 pp	2 q
PDDPDD Holdings Inc.	1.20%	646,280	$63M	new	+1.20 pp	new
MELIMercado Libre, Inc	0.07%	2,980	$4M	new	+0.07 pp	new
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.05%	379,270	$3M	new	+0.05 pp	new
unresolvedAltimeter Growth Corp	0.02%	3,502,000	$1M	held	—	8 q
RBLXRoblox Corporation	—	−2,850,000	—	exited	−2.08 pp	—
OKTAOkta, Inc. Class A	—	−250,000	—	exited	−0.31 pp	—
GOOGLAlphabet Inc. Class A	—	−85,750	—	exited	−0.19 pp	—

Source

Form: 13F-HR
Reading: 1 defect · 1 unresolved
Accession: 0001541617-23-000010
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 2023-09-30