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
+2.8%
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
$6.75B
AUM Growth
+$22M
Cap. Flow
+$32.3M
Cap. Flow %
0.48%
Top 10 Hldgs %
87.27%
Holding
28
New
8
Increased
7
Reduced
6
Closed
5

Top Buys

Rank Stock Value
1
KWEB icon
KraneShares CSI China Internet ETF
KWEB
+$153M
2
TSLA icon
Tesla
TSLA
+$151M
3
TSM icon
TSMC
TSM
+$88.5M
4
AVGO icon
Broadcom
AVGO
+$63.6M
5
RBRK icon
Rubrik
RBRK
+$48.8M

Top Sells

Rank Stock Value
1
PDD icon
Pinduoduo
PDD
+$228M
2
APH icon
Amphenol
APH
+$136M
3
SNOW icon
Snowflake
SNOW
+$111M
4
AMZN icon
Amazon
AMZN
+$97.1M
5
DELL icon
Dell
DELL
+$68.1M

Sector Composition

Rank Sector Weight
1 Technology 64.92%
2 Communication Services 21.62%
3 Consumer Discretionary 9.31%
4 Financials 0.82%
5 Real Estate 0.46%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DELL icon
26
Dell
DELL
$317B
– –
-493,940
Closed -$68.1M
PDD icon
27
Pinduoduo
PDD
$121B
– –
-1,714,185
Closed -$228M
WBTN
28
WEBTOON Entertainment Inc
WBTN
$1.13B
– –
-120,000
Closed -$2.74M
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 Q3 2024 Portfolio in Review

As of Q3 2024, Brad Gerstner held 28 positions worth $6.75B, up 0.33% from $6.73B the previous quarter. Its ten largest holdings account for 87% of the portfolio.

Brad Gerstner's Q3 2024 filing shows 8 new, 7 increased, 6 reduced and 5 closed positions. Its largest new stake was KraneShares CSI China Internet ETF: 5,671,010 shares worth $193M. The largest sale was Pinduoduo, an estimated $228M.

By sector, the portfolio is most concentrated in Technology at 65% of assets, down from 71% a quarter earlier, followed by Communication Services and Consumer Discretionary.

  • Brad Gerstner's largest Q3 2024 buy was KraneShares CSI China Internet ETF: 5,671,010 shares worth $193M.
  • Brad Gerstner added most to Rubrik in Q3 2024, an estimated $48.8M increase.
  • Brad Gerstner's biggest Q3 2024 reduction was Snowflake, cutting an estimated $111M.
  • Brad Gerstner fully exited Pinduoduo in Q3 2024, selling an estimated $228M.
  • Brad Gerstner's ten largest holdings make up 87% of its $6.75B portfolio in Q3 2024.
  • Brad Gerstner opened 8 new positions and closed 5 in Q3 2024.
  • Brad Gerstner's portfolio value rose 0.33% quarter-over-quarter to $6.75B.

Based on Altimeter Capital Management's 13F filing for Q3 2024, filed 14 Nov 2024.