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 |
Microsoft
MSFT
|
+$104M |
| 2 |
Expedia Group
EXPE
|
+$102M |
| 3 |
CrowdStrike
CRWD
|
+$57.7M |
| 4 |
Vroom Inc
VRM
|
+$38.7M |
| 5 |
Amazon
AMZN
|
+$30.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
United Airlines
UAL
|
+$180M |
| 2 |
Uber
UBER
|
+$69.8M |
| 3 |
ServiceNow
NOW
|
+$8.31M |
| 4 |
Peloton Interactive
PTON
|
+$3.19M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
|
1
Uber
UBER
$155B
| $899M | 19.01% |
28,911,000
-2,241,028
| -7% | -$69.8M |
|
2
Meta Platforms (Facebook)
META
$1.5T
| $852M | 18.03% |
3,753,400
| – | – |
|
3
Pinduoduo
PDD
$121B
| $746M | 15.78% |
8,690,000
| – | – |
|
4
Salesforce
CRM
$161B
| $591M | 12.5% |
3,153,823
| – | – |
|
|
5
Expedia Group
EXPE
$39.9B
| $437M | 9.25% |
5,319,216
+1,406,740
| +36% | +$102M |
|
|
6
Microsoft
MSFT
$3.68T
| $223M | 4.72% |
1,097,135
+572,135
| +109% | +$104M |
|
7
Booking.com
BKNG
$159B
| $217M | 4.59% |
3,410,050
| – | – |
|
|
8
United Airlines
UAL
$40.7B
| $166M | 3.52% |
4,803,279
-5,988,030
| -55% | -$180M |
|
9
MongoDB
MDB
$37B
| $102M | 2.16% |
452,000
+152,000
| +51% | +$28.2M |
|
|
10
CrowdStrike
CRWD
$221B
| $87.3M | 1.85% |
3,480,000
+2,880,000
| +480% | +$57.7M |
|
|
FTCH
11
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $65.3M | 1.38% |
3,779,409
| – | – |
|
12
Alibaba
BABA
$297B
| $63.5M | 1.34% |
294,350
| – | – |
|
13
Okta
OKTA
$25.6B
| $50.1M | 1.06% |
250,000
| – | – |
|
14
Dynatrace
DT
$14.2B
| $44.7M | 0.94% |
1,100,000
| – | – |
|
|
15
Vroom Inc
VRM
$56.8M
| $41.7M | 0.88% |
+9,991
| New | +$38.7M |
|
|
16
Amazon
AMZN
$2.83T
| $35.4M | 0.75% |
256,900
+251,900
| +5,038% | +$30.4M |
|
17
Datadog
DDOG
$91.7B
| $26.1M | 0.55% |
300,000
| – | – |
|
18
Sea Limited
SE
$74.7B
| $23.9M | 0.51% |
+223,000
| New | +$16.1M |
|
19
Zoom
ZM
$31.1B
| $20.3M | 0.43% |
+80,000
| New | +$14.4M |
|
20
Angi Inc
ANGI
$191M
| $10.8M | 0.23% |
89,000
| – | – |
|
|
TRVG
21
trivago
TRVG
$360M
| $10.4M | 0.22% |
1,058,086
| – | – |
|
22
Ranpak Holdings
PACK
$478M
| $7.44M | 0.16% |
1,000,000
| – | – |
|
|
SFIX
23
Stitch Fix
SFIX
$479M
| $6.24M | 0.13% |
+250,000
| New | +$4.93M |
|
|
24
Allegiant Air
ALGT
$2.34B
| – | – |
-30,000
| Closed | -$2.45M |
|
25
Carvana
CVNA
$83.1B
| – | – |
-200,000
| Closed | -$2.2M |
|
Similar funds
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.