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 |
Amazon
AMZN
|
+$114M |
| 2 |
Pinduoduo
PDD
|
+$55.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$53.3M |
| 4 |
Microsoft
MSFT
|
+$39.6M |
| 5 |
NVIDIA
NVDA
|
+$14.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Roblox
RBLX
|
+$115M |
| 2 |
Okta
OKTA
|
+$17.3M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$10.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 81.92% |
| 2 | Communication Services | 13.7% |
| 3 | Consumer Discretionary | 4.3% |
| 4 | Industrials | 0.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Snowflake
SNOW
$114B
| $2.35B | 44.66% |
15,400,134
+30,675
| +0.2% | +$4.99M |
|
|
2
Meta Platforms (Facebook)
META
$1.5T
| $722M | 13.7% |
2,404,781
+176,905
| +8% | +$53.3M |
|
3
Uber
UBER
$155B
| $613M | 11.64% |
13,336,600
| – | – |
|
|
4
Microsoft
MSFT
$3.68T
| $522M | 9.91% |
1,652,960
+119,825
| +8% | +$39.6M |
|
|
CFLT
5
DELISTED
Confluent
CFLT
| $492M | 9.34% |
16,611,943
+306,000
| +2% | +$10.3M |
|
|
6
NVIDIA
NVDA
$5.45T
| $336M | 6.38% |
7,722,100
+316,400
| +4% | +$14.2M |
|
|
7
Amazon
AMZN
$2.83T
| $160M | 3.03% |
1,254,720
+848,190
| +209% | +$114M |
|
|
8
Pinduoduo
PDD
$121B
| $63.4M | 1.2% |
+646,280
| New | +$55.7M |
|
9
Mercado Libre
MELI
$93.5B
| $3.78M | 0.07% |
+2,980
| New | +$3.79M |
|
|
VLRS
10
Controladora Vuela Compania de Aviacion
VLRS
$906M
| $2.58M | 0.05% |
+379,270
| New | +$4.09M |
|
|
AGCWW
11
DELISTED
Altimeter Growth Corp Warrant
AGCWW
| $1.21M | 0.02% |
3,502,000
| – | – |
|
|
12
Alphabet (Google) Class A
GOOGL
$4.23T
| – | – |
-85,750
| Closed | -$10.3M |
|
|
13
Okta
OKTA
$25.6B
| – | – |
-250,000
| Closed | -$17.3M |
|
|
14
Roblox
RBLX
$27.3B
| – | – |
-2,850,000
| Closed | -$115M |
|
Similar funds
Brad Gerstner's Q3 2023 Portfolio in Review
As of Q3 2023, Brad Gerstner held 14 positions worth $5.27B, down 4.7% from $5.53B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Brad Gerstner's Q3 2023 filing shows 3 new, 6 increased and 3 closed positions. Its largest new stake was Pinduoduo: 646,280 shares worth $63.4M. The largest sale was Roblox, an estimated $115M.
By sector, the portfolio is most concentrated in Technology at 82% of assets, down from 85% a quarter earlier, followed by Communication Services and Consumer Discretionary.
- Brad Gerstner's largest Q3 2023 buy was Pinduoduo: 646,280 shares worth $63.4M.
- Brad Gerstner added most to Amazon in Q3 2023, an estimated $114M increase.
- Brad Gerstner fully exited Roblox in Q3 2023, selling an estimated $115M.
- Brad Gerstner's ten largest holdings make up 100% of its $5.27B portfolio in Q3 2023.
- Brad Gerstner opened 3 new positions and closed 3 in Q3 2023.
- Brad Gerstner's portfolio value fell 4.7% quarter-over-quarter to $5.27B.
Based on Altimeter Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.