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 |
Pinduoduo
PDD
|
+$150M |
| 2 |
Tesla
TSLA
|
+$37.2M |
| 3 |
NVIDIA
NVDA
|
+$12.7M |
| 4 |
Mercado Libre
MELI
|
+$4.63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snowflake
SNOW
|
+$503M |
| 2 |
CFLT
Confluent
CFLT
|
+$45.5M |
| 3 |
VLRS
Controladora Vuela Compania de Aviacion
VLRS
|
+$2.58M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 77.31% |
| 2 | Communication Services | 14.13% |
| 3 | Consumer Discretionary | 8.55% |
| 4 | Industrials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Snowflake
SNOW
$114B
| $2.47B | 41.05% |
12,424,944
-2,975,190
| -19% | -$503M |
|
2
Meta Platforms (Facebook)
META
$1.5T
| $851M | 14.13% |
2,404,781
| – | – |
|
3
Uber
UBER
$155B
| $821M | 13.63% |
13,336,600
| – | – |
|
4
Microsoft
MSFT
$3.68T
| $622M | 10.32% |
1,652,960
| – | – |
|
|
5
NVIDIA
NVDA
$5.45T
| $396M | 6.58% |
7,996,600
+274,500
| +4% | +$12.7M |
|
|
CFLT
6
DELISTED
Confluent
CFLT
| $345M | 5.72% |
14,729,458
-1,882,485
| -11% | -$45.5M |
|
|
7
Pinduoduo
PDD
$121B
| $275M | 4.57% |
1,882,770
+1,236,490
| +191% | +$150M |
|
8
Amazon
AMZN
$2.83T
| $191M | 3.17% |
1,254,720
| – | – |
|
|
9
Tesla
TSLA
$1.35T
| $38.9M | 0.65% |
+156,670
| New | +$37.2M |
|
|
10
Mercado Libre
MELI
$93.5B
| $9.81M | 0.16% |
6,245
+3,265
| +110% | +$4.63M |
|
|
AGCWW
11
DELISTED
Altimeter Growth Corp Warrant
AGCWW
| $788K | 0.01% |
3,502,000
| – | – |
|
|
VLRS
12
Controladora Vuela Compania de Aviacion
VLRS
$906M
| – | – |
-379,270
| Closed | -$2.58M |
|
Similar funds
Brad Gerstner's Q4 2023 Portfolio in Review
As of Q4 2023, Brad Gerstner held 12 positions worth $6.02B, up 14% from $5.27B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Brad Gerstner withdrew a net $347M in Q4 2023, closing 1 position and reducing 2 holdings. Its most notable exit was Controladora Vuela Compania de Aviacion, an estimated $2.58M position sold in full.
By sector, the portfolio is most concentrated in Technology at 77% of assets, down from 82% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Brad Gerstner opened a new position in Tesla worth $38.9M.
- Brad Gerstner's largest Q4 2023 buy was Tesla: 156,670 shares worth $38.9M.
- Brad Gerstner added most to Pinduoduo in Q4 2023, an estimated $150M increase.
- Brad Gerstner's biggest Q4 2023 reduction was Snowflake, cutting an estimated $503M.
- Brad Gerstner fully exited Controladora Vuela Compania de Aviacion in Q4 2023, selling an estimated $2.58M.
- Brad Gerstner's ten largest holdings make up 100% of its $6.02B portfolio in Q4 2023.
- Brad Gerstner opened 1 new position and closed 1 in Q4 2023.
- Brad Gerstner's portfolio value rose 14% quarter-over-quarter to $6.02B.
Based on Altimeter Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.