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 |
AGC
Altimeter Growth Corp
AGC
|
+$923M |
| 2 |
Sea Limited
SE
|
+$284M |
| 3 |
MongoDB
MDB
|
+$128M |
| 4 |
CFLT
Confluent
CFLT
|
+$88.3M |
| 5 |
GitLab
GTLB
|
+$35.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snowflake
SNOW
|
+$1.41B |
| 2 |
Uber
UBER
|
+$560M |
| 3 |
Peloton Interactive
PTON
|
+$492M |
| 4 |
Meta Platforms (Facebook)
META
|
+$466M |
| 5 |
Zoom
ZM
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 79.68% |
| 2 | Communication Services | 10.31% |
| 3 | Financials | 5.09% |
| 4 | Consumer Discretionary | 2.86% |
| 5 | Real Estate | 1.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Snowflake
SNOW
$114B
| $5.76B | 54.77% |
17,001,796
-4,035,537
| -19% | -$1.41B |
|
|
2
Meta Platforms (Facebook)
META
$1.5T
| $790M | 7.52% |
2,350,000
-1,403,400
| -37% | -$466M |
|
3
Microsoft
MSFT
$3.68T
| $593M | 5.64% |
1,763,135
| – | – |
|
|
AGC
4
DELISTED
Altimeter Growth Corp
AGC
| $535M | 5.09% |
75,018,565
+75,008,565
| +750,086% | +$923M |
|
|
5
Uber
UBER
$155B
| $482M | 4.59% |
11,500,000
-13,000,000
| -53% | -$560M |
|
6
Unity
U
$20.4B
| $300M | 2.85% |
2,098,175
| – | – |
|
7
Roblox
RBLX
$27.3B
| $294M | 2.8% |
2,850,000
| – | – |
|
|
8
Sea Limited
SE
$74.7B
| $280M | 2.66% |
1,250,000
+950,000
| +317% | +$284M |
|
9
Shopify
SHOP
$199B
| $275M | 2.62% |
2,000,000
| – | – |
|
|
CFLT
10
DELISTED
Confluent
CFLT
| $225M | 2.14% |
2,950,000
+1,225,000
| +71% | +$88.3M |
|
11
Opendoor
OPEN
$3.53B
| $201M | 1.91% |
14,208,333
+361,666
| +3% | +$6.68M |
|
12
CrowdStrike
CRWD
$221B
| $199M | 1.89% |
3,880,000
| – | – |
|
|
13
MongoDB
MDB
$37B
| $132M | 1.26% |
+250,000
| New | +$128M |
|
14
UiPath
PATH
$8.3B
| $130M | 1.23% |
3,004,806
+16
| +0% | +$789 |
|
15
Okta
OKTA
$25.6B
| $118M | 1.12% |
525,000
| – | – |
|
|
16
GitLab
GTLB
$7.2B
| $83.6M | 0.8% |
+350,000
| New | +$35.8M |
|
17
Samsara
IOT
$23.2B
| $22.5M | 0.21% |
+800,000
| New | +$20.8M |
|
|
HCP
18
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $20.5M | 0.19% |
+225,000
| New | +$19.6M |
|
19
Toast
TOST
$20.1B
| $17.4M | 0.17% |
500,000
| – | – |
|
20
Braze
BRZE
$3.26B
| $15.4M | 0.15% |
+200,000
| New | +$14.5M |
|
21
Pinduoduo
PDD
$121B
| $11.7M | 0.11% |
200,000
-372,000
| -65% | -$29.3M |
|
|
ME
22
DELISTED
23andMe Holding Co
ME
| $9.4M | 0.09% |
82,601
-53,411
| -39% | -$9.86M |
|
|
CZOO
23
DELISTED
Cazoo Group Ltd
CZOO
| $9.04M | 0.09% |
750
| – | – |
|
|
AGCWW
24
DELISTED
Altimeter Growth Corp Warrant
AGCWW
| $7.39M | 0.07% |
+3,502,000
| New | +$12.9M |
|
|
CVT
25
DELISTED
Cvent Holding Corp. Common Stock
CVT
| $6.54M | 0.06% |
+800,000
| New | +$6.54M |
|
Similar funds
Brad Gerstner's Q4 2021 Portfolio in Review
As of Q4 2021, Brad Gerstner held 38 positions worth $10.5B, down 16% from $12.5B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Brad Gerstner withdrew a net $2.32B in Q4 2021, closing 13 positions and reducing 5 holdings. Its most notable exit was Peloton Interactive, an estimated $492M position sold in full.
By sector, the portfolio is most concentrated in Technology at 80% of assets, up from 76% a quarter earlier, followed by Communication Services and Financials.
Against the trend, Brad Gerstner opened a new position in MongoDB worth $132M.
- Brad Gerstner's largest Q4 2021 buy was MongoDB: 250,000 shares worth $132M.
- Brad Gerstner added most to Altimeter Growth Corp in Q4 2021, an estimated $923M increase.
- Brad Gerstner's biggest Q4 2021 reduction was Snowflake, cutting an estimated $1.41B.
- Brad Gerstner fully exited Peloton Interactive in Q4 2021, selling an estimated $492M.
- Brad Gerstner's ten largest holdings make up 91% of its $10.5B portfolio in Q4 2021.
- Brad Gerstner opened 7 new positions and closed 13 in Q4 2021.
- Brad Gerstner's portfolio value fell 16% quarter-over-quarter to $10.5B.
Based on Altimeter Capital Management's 13F filing for Q4 2021, filed 14 Feb 2022.