We are live on ! Find out more
BG

Brad Gerstner Altimeter Capital Management

AUM $9.83B
1-Year Est. Return 24.98%
 

Brad Gerstner is the founder and CEO of Altimeter Capital, a technology-focused investment firm active in both public and private markets. A former internet entrepreneur and airline executive, he brings an operator’s lens to high-growth software, internet, and semiconductor businesses. Gerstner is frequently cited for concentrated bets on large-cap technology platforms and for outspoken commentary on AI infrastructure and capital allocation in the sector.

This Fund
S&P 500
This Quarter Est. Return
+49.83%
1 Year Est. Return
+24.98%
3 Year Est. Return
+186.54%
5 Year Est. Return
+145.07%
10 Year Est. Return
+1,056.52%
AUM
$4.73B
AUM Growth
+$1.39B
Cap. Flow
+$128M
Cap. Flow %
2.7%
Top 10 Hldgs %
91.42%
Holding
29
New
4
Increased
5
Reduced
2
Closed
6

Top Buys

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$104M
2
EXPE icon
Expedia Group
EXPE
+$102M
3
CRWD icon
CrowdStrike
CRWD
+$57.7M
4
VRM icon
Vroom Inc
VRM
+$38.7M
5
AMZN icon
Amazon
AMZN
+$30.4M

Top Sells

Rank Stock Value
1
UAL icon
United Airlines
UAL
+$180M
2
UBER icon
Uber
UBER
+$69.8M
3
NOW icon
ServiceNow
NOW
+$8.31M
4
PTON icon
Peloton Interactive
PTON
+$3.19M
5
ALGT icon
Allegiant Air
ALGT
+$2.45M

Sector Composition

Rank Sector Weight
1 Technology 43.23%
2 Consumer Discretionary 32.51%
3 Communication Services 18.48%
4 Industrials 4.9%
5 Financials 0.88%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RJET
26
Republic Airways Holdings
RJET
$952M
– –
-48,333
Closed -$2.38M
NOW icon
27
ServiceNow
NOW
$128B
– –
-144,955
Closed -$8.31M
PTON icon
28
Peloton Interactive
PTON
$2.47B
– –
-120,000
Closed -$3.19M
SKYW icon
29
Skywest
SKYW
$4.18B
– –
-40,000
Closed -$1.05M
1
2

Similar funds

TCA
Tortoise Capital Advisors Overland Park, Kansas $9.84B AUM 26.47% 1-Year Est. Return
HTC
Hershey Trust Company Hershey, Pennsylvania $9.82B AUM 0.48% 1-Year Est. Return
PVI
Partners Value Investments Hamilton, Bermuda $9.8B AUM 0.07% 1-Year Est. Return
LAMI
Longview Asset Management (Illinois) Chicago, Illinois $9.89B AUM 19.81% 1-Year Est. Return
SWP
Stratos Wealth Partners Beachwood, Ohio $9.93B AUM 28.91% 1-Year Est. Return
FIA
Foundations Investment Advisors Phoenix, Arizona $9.72B AUM 29.41% 1-Year Est. Return
AV
ASR Vermogensbeheer Utrecht, Netherlands $9.71B AUM 37.32% 1-Year Est. Return
SC
Starlite Capital Dallas, Texas $9.7B AUM

Brad Gerstner's Q2 2020 Portfolio in Review

As of Q2 2020, Brad Gerstner held 29 positions worth $4.73B, up 42% from $3.33B the previous quarter. Its ten largest holdings account for 91% of the portfolio.

Brad Gerstner's Q2 2020 filing shows 4 new, 5 increased, 2 reduced and 6 closed positions. Its largest new stake was Vroom Inc: 9,991 shares worth $41.7M. The largest sale was United Airlines, an estimated $180M.

By sector, the portfolio is most concentrated in Technology at 43% of assets, down from 46% a quarter earlier, followed by Consumer Discretionary and Communication Services.

  • Brad Gerstner's largest Q2 2020 buy was Vroom Inc: 9,991 shares worth $41.7M.
  • Brad Gerstner added most to Microsoft in Q2 2020, an estimated $104M increase.
  • Brad Gerstner's biggest Q2 2020 reduction was United Airlines, cutting an estimated $180M.
  • Brad Gerstner fully exited ServiceNow in Q2 2020, selling an estimated $8.31M.
  • Brad Gerstner's ten largest holdings make up 91% of its $4.73B portfolio in Q2 2020.
  • Brad Gerstner opened 4 new positions and closed 6 in Q2 2020.
  • Brad Gerstner's portfolio value rose 42% quarter-over-quarter to $4.73B.

Based on Altimeter Capital Management's 13F filing for Q2 2020, filed 14 Aug 2020.