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
-28.37%
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
$6.93B
AUM Growth
-$3.59B
Cap. Flow
-$362M
Cap. Flow %
-5.23%
Top 10 Hldgs %
94.51%
Holding
28
New
3
Increased
7
Reduced
5
Closed
6

Top Buys

Rank Stock Value
1
UBER icon
Uber
UBER
+$198M
2
CFLT
Confluent
CFLT
+$123M
3
UAL icon
United Airlines
UAL
+$97.5M
4
EXPE icon
Expedia Group
EXPE
+$52.4M
5
OPEN icon
Opendoor
OPEN
+$49.1M

Top Sells

Rank Stock Value
1
U icon
Unity
U
+$300M
2
SHOP icon
Shopify
SHOP
+$275M
3
CRWD icon
CrowdStrike
CRWD
+$179M
4
PATH icon
UiPath
PATH
+$93.1M
5
AGC
Altimeter Growth Corp
AGC
+$83.2M

Sector Composition

Rank Sector Weight
1 Technology 79.85%
2 Communication Services 9.45%
3 Consumer Discretionary 3.08%
4 Financials 2.59%
5 Real Estate 2.36%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
U icon
26
Unity
U
$20.4B
– –
-2,098,175
Closed -$300M
CZOO
27
DELISTED
Cazoo Group Ltd
CZOO
– –
-750
Closed -$9.04M
CVT
28
DELISTED
Cvent Holding Corp. Common Stock
CVT
– –
-800,000
Closed -$6.54M
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 Q1 2022 Portfolio in Review

As of Q1 2022, Brad Gerstner held 28 positions worth $6.93B, down 34% from $10.5B the previous quarter. Its ten largest holdings account for 95% of the portfolio.

Brad Gerstner withdrew a net $362M in Q1 2022, closing 6 positions and reducing 5 holdings. Its most notable exit was Unity, an estimated $300M position sold in full.

By sector, the portfolio is most concentrated in Technology at 80% of assets, up from 80% a quarter earlier, followed by Communication Services and Consumer Discretionary.

Against the trend, Brad Gerstner opened a new position in United Airlines worth $104M.

  • Brad Gerstner's largest Q1 2022 buy was United Airlines: 2,250,000 shares worth $104M.
  • Brad Gerstner added most to Uber in Q1 2022, an estimated $198M increase.
  • Brad Gerstner's biggest Q1 2022 reduction was CrowdStrike, cutting an estimated $179M.
  • Brad Gerstner fully exited Unity in Q1 2022, selling an estimated $300M.
  • Brad Gerstner's ten largest holdings make up 95% of its $6.93B portfolio in Q1 2022.
  • Brad Gerstner opened 3 new positions and closed 6 in Q1 2022.
  • Brad Gerstner's portfolio value fell 34% quarter-over-quarter to $6.93B.

Based on Altimeter Capital Management's 13F filing for Q1 2022, filed 17 May 2022.