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 |
Robinhood
HOOD
|
+$137M |
| 2 |
CRWV
CoreWeave
CRWV
|
+$116M |
| 3 |
Alibaba
BABA
|
+$62.3M |
| 4 |
Flutter Entertainment
FLUT
|
+$48.7M |
| 5 |
Amazon
AMZN
|
+$37.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snowflake
SNOW
|
+$345M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$164M |
| 3 |
Tesla
TSLA
|
+$143M |
| 4 |
TSMC
TSM
|
+$99.6M |
| 5 |
Salesforce
CRM
|
+$90.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 51.06% |
| 2 | Communication Services | 23.11% |
| 3 | Consumer Discretionary | 14.07% |
| 4 | Financials | 2.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Meta Platforms (Facebook)
META
$1.5T
| $1.06B | 21.28% |
1,835,636
-6,550
| -0.4% | -$4.23M |
|
2
NVIDIA
NVDA
$5.45T
| $775M | 15.59% |
7,150,477
-695,292
| -9% | -$88.1M |
|
3
PUT
Invesco QQQ Trust
QQQ
$486B
| $463M | 9.32% |
+988,000
| New | +$502M |
|
|
4
Snowflake
SNOW
$114B
| $431M | 8.67% |
2,947,384
-2,030,926
| -41% | -$345M |
|
5
Uber
UBER
$155B
| $413M | 8.3% |
5,666,302
+77,510
| +1% | +$5.58M |
|
6
Microsoft
MSFT
$3.68T
| $366M | 7.36% |
975,080
-18,400
| -2% | -$7.5M |
|
|
CFLT
7
DELISTED
Confluent
CFLT
| $306M | 6.15% |
13,042,080
+1,295,710
| +11% | +$37.5M |
|
|
8
Amazon
AMZN
$2.83T
| $199M | 4% |
1,045,155
+173,930
| +20% | +$37.7M |
|
9
Coupang
CPNG
$29B
| $163M | 3.28% |
7,441,445
+1,455,555
| +24% | +$33.8M |
|
10
Maplebear
CART
$11.3B
| $134M | 2.69% |
3,348,128
+810,510
| +32% | +$36M |
|
|
11
Flutter Entertainment
FLUT
$17.6B
| $126M | 2.53% |
568,410
+188,095
| +49% | +$48.7M |
|
|
12
Robinhood
HOOD
$85.9B
| $120M | 2.42% |
+2,885,714
| New | +$137M |
|
|
CRWV
13
CoreWeave
CRWV
$58.1B
| $111M | 2.24% |
+2,999,536
| New | +$116M |
|
14
Zillow
Z
$7.82B
| $90.7M | 1.83% |
1,323,554
+22,816
| +2% | +$1.74M |
|
|
15
Alibaba
BABA
$297B
| $71.5M | 1.44% |
+540,370
| New | +$62.3M |
|
16
Astera Labs
ALAB
$55.8B
| $58.6M | 1.18% |
981,697
+397,267
| +68% | +$36.7M |
|
17
Rubrik
RBRK
$21B
| $50.7M | 1.02% |
832,003
-810,095
| -49% | -$55.3M |
|
18
Arm
ARM
$298B
| $18.8M | 0.38% |
+175,600
| New | +$24.5M |
|
19
Mercado Libre
MELI
$93.5B
| $6.44M | 0.13% |
3,300
-32,955
| -91% | -$65.4M |
|
|
SAIL
20
SailPoint Inc
SAIL
$11.1B
| $4.69M | 0.09% |
+250,000
| New | +$5.45M |
|
|
TTAN
21
ServiceTitan Inc
TTAN
$8.62B
| $3.8M | 0.08% |
40,000
| – | – |
|
|
AGCWW
22
DELISTED
Altimeter Growth Corp Warrant
AGCWW
| $1.42M | 0.03% |
3,502,000
| – | – |
|
|
23
Salesforce
CRM
$161B
| – | – |
-271,725
| Closed | -$90.8M |
|
24
Duolingo
DUOL
$6.21B
| – | – |
-30,375
| Closed | -$9.85M |
|
|
25
Alphabet (Google) Class A
GOOGL
$4.23T
| – | – |
-867,305
| Closed | -$164M |
|
Similar funds
Brad Gerstner's Q1 2025 Portfolio in Review
As of Q1 2025, Brad Gerstner held 30 positions worth $4.97B, down 10% from $5.55B the previous quarter. Its ten largest holdings account for 87% of the portfolio.
Brad Gerstner withdrew a net $167M in Q1 2025, closing 8 positions and reducing 6 holdings. Its most notable exit was Alphabet (Google) Class A, an estimated $164M position sold in full.
By sector, the portfolio is most concentrated in Technology at 51% of assets, down from 63% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Brad Gerstner opened a new position in Robinhood worth $120M.
- Brad Gerstner's largest Q1 2025 buy was Robinhood: 2,885,714 shares worth $120M.
- Brad Gerstner added most to Flutter Entertainment in Q1 2025, an estimated $48.7M increase.
- Brad Gerstner's biggest Q1 2025 reduction was Snowflake, cutting an estimated $345M.
- Brad Gerstner fully exited Alphabet (Google) Class A in Q1 2025, selling an estimated $164M.
- Brad Gerstner's ten largest holdings make up 87% of its $4.97B portfolio in Q1 2025.
- Brad Gerstner opened 6 new positions and closed 8 in Q1 2025.
- Brad Gerstner's portfolio value fell 10% quarter-over-quarter to $4.97B.
Based on Altimeter Capital Management's 13F filing for Q1 2025, filed 15 May 2025.