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 |
Alphabet (Google) Class A
GOOGL
|
+$109M |
| 2 |
NVIDIA
NVDA
|
+$64.5M |
| 3 |
Meta Platforms (Facebook)
META
|
+$39.7M |
| 4 |
CFLT
Confluent
CFLT
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Uber
UBER
|
+$18.7M |
| 2 |
Opendoor
OPEN
|
+$12.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 84.19% |
| 2 | Communication Services | 15.77% |
| 3 | Real Estate | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Snowflake
SNOW
$114B
| $2.37B | 52.08% |
15,369,459
| – | – |
|
|
2
Meta Platforms (Facebook)
META
$1.5T
| $472M | 10.37% |
2,227,876
+233,400
| +12% | +$39.7M |
|
3
Microsoft
MSFT
$3.68T
| $442M | 9.71% |
1,533,135
| – | – |
|
|
4
Uber
UBER
$155B
| $423M | 9.29% |
13,336,600
-591,000
| -4% | -$18.7M |
|
|
CFLT
5
DELISTED
Confluent
CFLT
| $349M | 7.66% |
14,491,817
+1,496,443
| +12% | +$34.7M |
|
|
6
NVIDIA
NVDA
$5.45T
| $206M | 4.52% |
7,405,700
+2,979,000
| +67% | +$64.5M |
|
7
Roblox
RBLX
$27.3B
| $128M | 2.82% |
2,850,000
| – | – |
|
|
8
Alphabet (Google) Class A
GOOGL
$4.23T
| $118M | 2.59% |
+1,134,900
| New | +$109M |
|
9
Okta
OKTA
$25.6B
| $21.6M | 0.47% |
250,000
| – | – |
|
10
GitLab
GTLB
$7.2B
| $21M | 0.46% |
611,206
| – | – |
|
|
AGCWW
11
DELISTED
Altimeter Growth Corp Warrant
AGCWW
| $1.96M | 0.04% |
3,502,000
| – | – |
|
|
12
Opendoor
OPEN
$3.53B
| – | – |
-11,366,667
| Closed | -$12.8M |
|
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Brad Gerstner's Q1 2023 Portfolio in Review
As of Q1 2023, Brad Gerstner held 12 positions worth $4.55B, up 25% from $3.65B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Brad Gerstner deployed $216M of net new capital in Q1 2023, opening 1 new position and adding to 3 existing holdings. Its largest new stake was Alphabet (Google) Class A: 1,134,900 shares worth $118M.
By sector, the portfolio is most concentrated in Technology at 84% of assets, down from 91% a quarter earlier, followed by Communication Services and Real Estate.
On the sell side, the largest reduction was Uber, an estimated $18.7M trimmed.
- Brad Gerstner's largest Q1 2023 buy was Alphabet (Google) Class A: 1,134,900 shares worth $118M.
- Brad Gerstner added most to NVIDIA in Q1 2023, an estimated $64.5M increase.
- Brad Gerstner's biggest Q1 2023 reduction was Uber, cutting an estimated $18.7M.
- Brad Gerstner fully exited Opendoor in Q1 2023, selling an estimated $12.8M.
- Brad Gerstner's ten largest holdings make up 100% of its $4.55B portfolio in Q1 2023.
- Brad Gerstner opened 1 new position and closed 1 in Q1 2023.
- Brad Gerstner's portfolio value rose 25% quarter-over-quarter to $4.55B.
Based on Altimeter Capital Management's 13F filing for Q1 2023, filed 16 May 2023.