Brad Gerstner Altimeter Capital Management
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TripAdvisor
TRIP
|
+$6.03M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$4.3M |
| 3 |
Yelp
YELP
|
+$3.99M |
| 4 |
United Airlines
UAL
|
+$3.78M |
| 5 |
Alibaba
BABA
|
+$3.18M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Netflix
NFLX
|
+$7.17M |
| 2 |
Everpure Inc
P
|
+$4.39M |
| 3 |
Block Inc
XYZ
|
+$2.07M |
| 4 |
Allegiant Air
ALGT
|
+$1.02M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 42.9% |
| 2 | Industrials | 39.64% |
| 3 | Technology | 14.36% |
| 4 | Communication Services | 2.5% |
| 5 | Financials | 0.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
United Airlines
UAL
$31.8B
| $776M | 32.32% |
10,307,765
+50,000
| +0.5% | +$3.78M |
2013 Q2
16 quarters
|
|
2
Expedia Group
EXPE
$34.7B
| $670M | 27.92% |
4,498,111
| – | – |
2013 Q4
14 quarters
|
|
3
Booking.com
BKNG
$117B
| $230M | 9.59% |
3,075,000
| – | – |
2013 Q2
16 quarters
|
|
|
DATA
4
DELISTED
Tableau Software, Inc.
DATA
| $220M | 9.15% |
3,584,663
| – | – |
2015 Q3
7 quarters
|
|
5
Alaska Air
ALK
$3.84B
| $85.5M | 3.56% |
952,489
+17,040
| +2% | +$1.49M |
2013 Q2
16 quarters
|
|
6
Trip.com Group
TCOM
$25B
| $69.3M | 2.89% |
1,287,009
| – | – |
2013 Q2
16 quarters
|
|
|
7
Everpure Inc
P
$41.1B
| $60.2M | 2.51% |
4,700,000
-376,800
| -7% | -$4.39M |
2015 Q4
6 quarters
|
|
8
Amazon
AMZN
$2.68T
| $48.4M | 2.02% |
1,000,000
| – | – |
2016 Q4
2 quarters
|
|
9
Delta Air Lines
DAL
$50.5B
| $46.4M | 1.93% |
863,455
| – | – |
2013 Q2
16 quarters
|
|
10
American Airlines Group
AAL
$8.02B
| $42.8M | 1.78% |
850,000
| – | – |
2013 Q4
14 quarters
|
|
|
11
Block Inc
XYZ
$45.9B
| $30.7M | 1.28% |
1,306,545
-100,000
| -7% | -$2.07M |
2016 Q4
2 quarters
|
|
|
12
Netflix
NFLX
$274B
| $29.2M | 1.22% |
1,956,000
-466,000
| -19% | -$7.17M |
2016 Q3
3 quarters
|
|
13
Twilio
TWLO
$40.2B
| $21.2M | 0.88% |
727,800
| – | – |
2016 Q4
2 quarters
|
|
14
Zillow
ZG
$7.66B
| $18M | 0.75% |
368,142
| – | – |
2014 Q3
11 quarters
|
|
15
Salesforce
CRM
$205B
| $11.3M | 0.47% |
130,000
| – | – |
2016 Q4
2 quarters
|
|
16
PayPal
PYPL
$48.8B
| $10.7M | 0.45% |
200,000
| – | – |
2016 Q4
2 quarters
|
|
|
17
Yelp
YELP
$1.08B
| $6.95M | 0.29% |
231,370
+127,870
| +124% | +$3.99M |
2017 Q1
1 quarter
|
|
|
18
Alphabet (Google) Class A
GOOGL
$3.92T
| $5.95M | 0.25% |
128,000
+92,000
| +256% | +$4.3M |
2017 Q1
1 quarter
|
|
|
19
TripAdvisor
TRIP
$1.1B
| $5.57M | 0.23% |
+145,800
| New | +$6.03M |
2017 Q2
0 quarters
|
|
|
20
Alibaba
BABA
$248B
| $3.63M | 0.15% |
+25,750
| New | +$3.18M |
2017 Q2
0 quarters
|
|
|
21
CALL
Yelp
YELP
$1.08B
| $3.57M | 0.15% |
+10,843
| New | +$338K |
2017 Q2
0 quarters
|
|
22
Carvana
CVNA
$63.6B
| $2.46M | 0.1% |
+600,000
| New | +$1.64M |
2017 Q2
0 quarters
|
|
23
Okta
OKTA
$37.2B
| $1.71M | 0.07% |
+75,000
| New | +$1.85M |
2017 Q2
0 quarters
|
|
24
Avis
CAR
$3.58B
| $818K | 0.03% |
+30,000
| New | +$773K |
2017 Q2
0 quarters
|
|
|
25
Allegiant Air
ALGT
$1.85B
| – | – |
-6,350
| Closed | -$1.02M | – |
|
Similar funds
Brad Gerstner's Q2 2017 Portfolio in Review
As of Q2 2017, Brad Gerstner held 26 positions worth $2.4B, up 13% from $2.13B the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Brad Gerstner's Q2 2017 filing shows 6 new, 4 increased, 3 reduced and 2 closed positions. Its largest new stake was TripAdvisor: 145,800 shares worth $5.57M. The largest sale was Netflix, an estimated $7.17M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 43% of assets, up from 42% a quarter earlier, followed by Industrials and Technology.
- Brad Gerstner's largest Q2 2017 buy was TripAdvisor: 145,800 shares worth $5.57M.
- Brad Gerstner added most to Alphabet (Google) Class A in Q2 2017, an estimated $4.3M increase.
- Brad Gerstner's biggest Q2 2017 reduction was Netflix, cutting an estimated $7.17M.
- Brad Gerstner fully exited Allegiant Air in Q2 2017, selling an estimated $1.02M.
- Brad Gerstner's ten largest holdings make up 94% of its $2.4B portfolio in Q2 2017.
- Brad Gerstner opened 6 new positions and closed 2 in Q2 2017.
- Brad Gerstner's portfolio value rose 13% quarter-over-quarter to $2.4B.
Based on Altimeter Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.