Altimeter Capital

Q1 2024 13F · by Brad Gerstner, founder

As of: Mar 31, 2024
Filed: May 15, 2024
US stock: $6.5B · prev $6.0B
Positions: 17 · 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%

Moves14 since the prior filing

+6.2 pp in · −8.3 pp out

New 6 +4.27 pp
Added 2 +1.95 pp
Trimmed 6 −8.34 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 7 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 25% a year, about 4.1 years per position

Low
Moderate
High

Top 5 positions81% of US stock

SNOW Snowflake Inc. trimmed−15.53 pp trimmed−15.5325.5%
META Meta Platforms, Inc. Class A trimmed+3.46 pp trimmed+3.4617.6%
UBER Uber Technologies, Inc. held held15.8%
NVDA Nvidia Corp trimmed+4.43 pp trimmed+4.4311.0%
MSFT Microsoft Corp trimmed+0.34 pp trimmed+0.3410.7%

Positions17 in this filing · 0 exited


SNOWSnowflake Inc.	25.52%	10,281,089	$1.7B	trimmed−17%	−15.53 pp	15 q
METAMeta Platforms, Inc. Class A	17.59%	2,357,401	$1.1B	trimmed−2%	+3.46 pp	25 q
UBERUber Technologies, Inc.	15.77%	13,336,600	$1.0B	held	—	20 q
NVDANvidia Corp	11.01%	793,145	$717M	trimmed−1%	+4.43 pp	6 q
MSFTMicrosoft Corp	10.66%	1,649,870	$694M	trimmed−0%	+0.34 pp	25 q
CFLTConfluent, Inc. Class A	6.09%	12,995,503	$397M	trimmed−12%	+0.37 pp	12 q
AMZNAmazon.Com Inc	4.18%	1,507,305	$272M	added+20%	+1.01 pp	4 q
PDDPDD Holdings Inc.	3.16%	1,767,931	$206M	trimmed−6%	−1.41 pp	3 q
TSLATesla, Inc.	1.59%	589,700	$104M	added×3.8	+0.94 pp	2 q
CPNGCoupang, Inc.	1.08%	3,966,845	$71M	new	+1.08 pp	new
DELLDell Technologies Inc.	0.86%	489,250	$56M	new	+0.86 pp	new
AVGOBroadcom Inc.	0.81%	39,610	$52M	new	+0.81 pp	new
GOOGLAlphabet Inc. Class A	0.66%	286,430	$43M	new	+0.66 pp	new
ALABAstera Labs, Inc.	0.46%	400,000	$30M	new	+0.46 pp	new
COHRCoherent Corp.	0.40%	428,270	$26M	new	+0.40 pp	new
MELIMercado Libre, Inc	0.15%	6,245	$9M	held	—	3 q
unresolvedAltimeter Growth Corp	0.01%	3,502,000	$653,823	held	—	10 q

Source

Form: 13F-HR
Reading: 1 defect · 1 unresolved
Accession: 0001541617-24-000006
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 2024-03-31