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 |
CRWV
CoreWeave
CRWV
|
+$326M |
| 2 |
Coupang
CPNG
|
+$161M |
| 3 |
Shopify
SHOP
|
+$91.6M |
| 4 |
NVIDIA
NVDA
|
+$84.7M |
| 5 |
Mercado Libre
MELI
|
+$64.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$255M |
| 2 |
Pinduoduo
PDD
|
+$181M |
| 3 |
Alibaba
BABA
|
+$173M |
| 4 |
Robinhood
HOOD
|
+$170M |
| 5 |
Arm
ARM
|
+$155M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 59.19% |
| 2 | Communication Services | 22.96% |
| 3 | Consumer Discretionary | 15.3% |
| 4 | Financials | 2.2% |
| 5 | Industrials | 0.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
NVIDIA
NVDA
$5.45T
| $1.51B | 22.68% |
8,099,773
+454,875
| +6% | +$84.7M |
|
2
Meta Platforms (Facebook)
META
$1.5T
| $1.22B | 18.28% |
1,845,368
-20,570
| -1% | -$13.7M |
|
3
Microsoft
MSFT
$3.68T
| $618M | 9.27% |
1,277,352
+115,260
| +10% | +$57.8M |
|
4
Amazon
AMZN
$2.83T
| $511M | 7.68% |
2,215,660
+48,186
| +2% | +$11M |
|
5
Uber
UBER
$155B
| $457M | 6.85% |
5,588,792
| – | – |
|
6
Snowflake
SNOW
$114B
| $445M | 6.68% |
2,027,604
-400,780
| -17% | -$97.8M |
|
7
TSMC
TSM
$2.21T
| $371M | 5.56% |
1,219,227
+150,550
| +14% | +$44.2M |
|
|
8
Coupang
CPNG
$29B
| $370M | 5.55% |
15,676,794
+5,652,210
| +56% | +$161M |
|
|
CRWV
9
CoreWeave
CRWV
$58.1B
| $230M | 3.45% |
+3,213,230
| New | +$326M |
|
|
CFLT
10
DELISTED
Confluent
CFLT
| $210M | 3.15% |
6,933,250
-4,348,543
| -39% | -$107M |
|
11
Alphabet (Google) Class A
GOOGL
$4.23T
| $163M | 2.44% |
519,290
+206,158
| +66% | +$58.9M |
|
12
Zillow
Z
$7.82B
| $149M | 2.24% |
2,187,421
| – | – |
|
|
13
Robinhood
HOOD
$85.9B
| $146M | 2.2% |
1,293,292
-1,303,583
| -50% | -$170M |
|
|
14
Mercado Libre
MELI
$93.5B
| $138M | 2.07% |
68,480
+30,639
| +81% | +$64.4M |
|
|
15
Shopify
SHOP
$199B
| $91.8M | 1.38% |
+570,210
| New | +$91.6M |
|
16
Bloom Energy
BE
$67.7B
| $22.7M | 0.34% |
+260,730
| New | +$27.4M |
|
|
17
Broadcom
AVGO
$1.87T
| $11.1M | 0.17% |
32,129
-712,647
| -96% | -$255M |
|
|
AGCWW
18
DELISTED
Altimeter Growth Corp Warrant
AGCWW
| $1.03M | 0.02% |
3,502,000
| – | – |
|
|
19
Arm
ARM
$298B
| – | – |
-1,098,139
| Closed | -$155M |
|
|
20
Alibaba
BABA
$297B
| – | – |
-969,100
| Closed | -$173M |
|
21
Maplebear
CART
$11.3B
| – | – |
-3,324,951
| Closed | -$122M |
|
|
22
Pinduoduo
PDD
$121B
| – | – |
-1,371,680
| Closed | -$181M |
|
23
Synopsys
SNPS
$80.7B
| – | – |
-258,280
| Closed | -$127M |
|
|
GEMI
24
Gemini Space Station
GEMI
$496M
| – | – |
-1,600,000
| Closed | -$38.3M |
|
|
NTSK
25
Netskope Inc
NTSK
$6.39B
| – | – |
-325,000
| Closed | -$7.39M |
|
Similar funds
Brad Gerstner's Q4 2025 Portfolio in Review
As of Q4 2025, Brad Gerstner held 26 positions worth $6.66B, down 12% from $7.58B the previous quarter. Its ten largest holdings account for 89% of the portfolio.
Brad Gerstner withdrew a net $531M in Q4 2025, closing 8 positions and reducing 5 holdings. Its most notable exit was Pinduoduo, an estimated $181M position sold in full.
By sector, the portfolio is most concentrated in Technology at 59% of assets, up from 55% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Brad Gerstner opened a new position in CoreWeave worth $230M.
- Brad Gerstner's largest Q4 2025 buy was CoreWeave: 3,213,230 shares worth $230M.
- Brad Gerstner added most to Coupang in Q4 2025, an estimated $161M increase.
- Brad Gerstner's biggest Q4 2025 reduction was Broadcom, cutting an estimated $255M.
- Brad Gerstner fully exited Pinduoduo in Q4 2025, selling an estimated $181M.
- Brad Gerstner's ten largest holdings make up 89% of its $6.66B portfolio in Q4 2025.
- Brad Gerstner opened 3 new positions and closed 8 in Q4 2025.
- Brad Gerstner's portfolio value fell 12% quarter-over-quarter to $6.66B.
Based on Altimeter Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.