Quarter Holdings Value ($000) Form Type Date Filed Filing ID Name; Q4 2022: 11: 3,652,571: 13F-HR: 2/14/2023: 000154161723000003: Altimeter Capital Management, LP The author of this piece and/or members of Workweek media could be invested in companies discussed. Expedia Inc (EXPE), United Continental Holdings Inc (UAL): Will Altimeter Capital's Huge Travel Investments Continue to Fly? It is the second SPAC from Menlo Park-based Altimeter Capital, following one that raised $450 million in October. Likes. All rights reserved. Altimeter Growth Corp., a blank check company formed by Altimeter Capital targeting the tech sector, raised $450 million by offering 45 million units at $10. While investors party like its 1999, Insiders are selling stock like theres no tomorrow. Gerstner's hedge fund held 2.6 million shares ofTableau Software Inc (DATA) at the end of December. Below is the current Brad Gerstner portfolio of Altimeter Capital after his Q3 update. Thank you and soon you will hear from one of our Attorneys. Join the more than 1.5 million industry professionals who get our daily newsletter! In addition to quarterly performance, we show annualized performance and the Required fields not completed correctly. 2015-2023 Fintel Ventures LLC. They manage Please Map , Boston Since January 2012, the date of their first 13F filing, the fund has earned its investors a massive 305% return on the long side through October month-end. Chase Coleman's growth-focused flagship fund at Tiger Global tumbled 15% last month, pushing its 2022 rout to 44% and wiping out nearly all of its gains since 2019, according to Bloomberg News. TipRanks->. The Content Creator or affiliates may trade for their own account(s) based on the information presented, and may also take positions inconsistent with the views expressed in its messages on the Blog. Suite 150 A new blank check company IPO targeting the tech sector, Ark Investments 13F portfolio returned 39.74% annually for the last three years. FILE - In this May 24, 2017, file photo, applicants fill in forms to join Grab Vietnam at the company's office in Hanoi, Vietnam. So, which sector is Kim most bullish about? Article: Eutelsat, OneWeb Agree $3.4 Billion Deal to Rival SpaceX. Investors react to every move they make. Revenue. Disclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates. Currently, Altimeter Capital Management, L.P.'s portfolio is worth at least $4.33 billion. Altimeter takes a deep fundamental approach to security analysis. Altimeter Capital Management, LP (Altimeter) is an SEC-registered investment adviser. Read full disclaimer >. Louis Bacon's: Moore Capital Management. Brad Gerstner raised (just) a$3M hedge fundin2008during the depths of the Great Financial Crisis from family & friends. Our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. Altimeter is a leading technology-focused investment firm built by founders for founders. The number of deals was slightly lower than the 52 announcements reported in the same period last year, but it remained well above the second-quarter volume seen in 2020, 2019 and 2018, according to 451 Research. Personally, this means less time traveling and going to dinners but more time in nature and with his family. 10.8% The fund was located in North America if to be more exact in United States. Brad Gerstners Altimeter Capital has an $8B profit on Snowflake. Altimeter Capital Management General Partner, LLC - Insider Trading Tracker. Altimeter was founded in 2008 and is headquartered out of Boston, Massachusetts. Meta Platforms Inc makes up "Altimeter Capital CEO on Travel, Enterprise and the Sharing Economy", "Online-Travel King Brad Gerstner Wants Venture Capital Empire", "After Snowflake windfall, Altimeter Capital captures dealmaking spotlight | PitchBook", "Bradley Gerstner Investor Profile: Portfolio & Exits | PitchBook", "Singapore's Grab Delays Merger Completion to Fourth Quarter", "Grab IPO: what to know and how to buy Grab shares", "Bay Area's first IPO of 2021 raises $400M for an Altimeter Capital SPAC", "SPACS Altimeter Growth II, One Equity Open Water I to liquidate early | Seeking Alpha", "Brad Gerstner's Altimeter Capital has an $8B profit on Snowflake. One International Place Suite 2400. These licenses may or may not be disclosed by the Content Creator in the Blog. The firm focuses on technology investments in both public and private markets globally. One International Place, The Sohn Investment Conference, one of the biggest hedge fund gatherings of the year, took place yesterday in New York, with Bill Ackman, David Einhorn, Keith Meister, and Larry Robbins among the hedge Brad Gerstner's Altimeter Capital disclosed a 5.1% stake inTableau Software Inc (NYSE:DATA). The information in the Blog constitutes the Content Creators own opinions. For more information, please call (617) 310-6180 or email IR@altimeter.com. Their last reported 13F filing for Q4 2022 included $3,652,571,000 in managed 13F securities Disclosure: At the time of publication, Shrilekha Pethe did not have a position in any of the securities mentioned in this article. Right? Neither Altimeter, nor any of its affiliates or personnel, offers investment advisory services via the internet. The fund's success has been attributed to management's superior skills in identifying and investing in companies in the ever-growing tech sector. Altimeter Capital is in talks with ride . Form 4 The key to profiting from insider filings, Item 4 in 13D filings is the key to profiting from activists. 64% of the total holdings value. A well-known technology hedge fund manager is licking his wounds and preparing for difficult times ahead. Mastercard (MA), Moodys (MCO), and American Tower (AMT) made up 12.5%, 12.3%, and 11.4% each of Akres portfolio. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions. Historical performance of Altimeter Capital Management, showing the return on investment of the portfolio managed by Brad Gerstner and comparing it to other hedge funds. Altimeter.com is . [3][4] Prior to that, Gerstner worked at PAR Capital Management as well as General Catalyst. The firm seeks to invest in companies operating in the technology sector and manages long/short public equity funds and private growth equity funds. Heatmaps of the top 13f holdings and a list of the largest trades made by Altimeter Capital Management, the hedge fund managed by Brad Gerstner. Founded in 2008, Altimeter Capital Management is a venture capital firm is based in Boston, Massachusetts. Disclaimer: This analysis is for educational and entertainment purposes solely and is not professional investment advice. In April 2021 it was announced that AGC would merge with Singapore ridesharing company, Grab to help it list on Nasdaq under the ticker, GRAB. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Altimeter Growth Corp's shares have gained 25% since listing. Subscribe to The Crossover today! Brad invested in Priceline @ about $45 a share and 5 years later, the stock was over $1000, representing a 24x return on the invested capital in just a few years. Everything in Dividend Ideas. In 2008, Brad Gerstner founded Altimeter Capital in Boston, Massachusetts. According to Dalbar, Inc., a company that studies investor behavior and analyzes investor market returns, consistently shows that the average investor earns below-average returns. Altimeter Capital Management LP now owns 18,041,796 shares of the company's stock worth . This will schedule a job to export all requested 13f holdings data for this filer. Altimeter Capital has made 7 diversity investments. A Division of NBCUniversal. We make money even in declining markets.". Altimeter Capital Management, L.P. closed its position in Sea Ltd on 15th August 2022. At 09/30/2022: $4,676,285. Among the most successful fund investment fields, there are Marketplace, Cloud Computing. In addition, the fund holds 1,763,135 shares of Microsoft worth $453 million, whose value fell 2.8% in the past six months. It was a blast. This website is provided as is without any representations or warranties, express or implied. us for more details. Then theres Snowflake (SNOW). altimeter capital returns. In this article, we discuss the 10 stocks that Brad Gerstner is talking about. Form 13-F is submitted to the Securities Exchange Commission (SEC) by hedge funds that manage more than $100 million in assets. Brad Gerstner founded the Boston-based fund in 2008, having previously worked at PAR Capital. Answer:Unbelievably well. we calculate the cost basis of added positions in each quarter and use that to calculate the total profit and Eutelsat continues to provide satellite services to nearly 50% of Russias population, while OneWeb uses SpaceX to launch their satellites since Russias invasion of Ukraine. Brad used the momentum and success from his big bet to grow Altimeter's AUM to over $1B by 2013. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. [13][14] A few weeks later, Meta laid off over 11,000 employees.[15]. How do I update this listing? Altimeter Capital Management LP holdings changes, total fund size, and other information presented on HoldingsChannel.com was derived from Altimeter Capital Management LP 13F filings. Still, many players managed to dodge the brutal sell-off and overcome the extreme volatility on Wall Street. Watch for disclosures from these smart money hedge funds. Description. Tech-focused investors like Brad Gerstner and Tiger Global are getting crushed as growth stocks became the epicenter of the market carnage in the face of rising rates. WhaleWisdom gives Altimeter Capital a WhaleScore of 99 meaning Gerstners fund ranks near the pinnacle of 13F performance among all hedge funds long portfolio performance. Fintel . It doesn't run an office outside of the United States. Nothing on this website constitutes, or is meant to constitute, advice of any kind. The two most similar investment funds to Altimeter Capital Management, L.P. are Deprince Race & Zollo Inc and New Mountain Vantage Advisers, L.L.C. Founder - Altimeter Capital. 706 Following. Also, due to some housekeeping, the Toast 2.0 piece will be dropping on Monday. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. But while Gerstner has built a VC juggernaut, Altimeter Capitals public investments have been none-to-shabby. Performance numbers calculated through 2023-02-14. We did not call it Crossover at the time, but it reminded me of the throwback partnerships that Buffett & Munger had. . As of November 30, Akre managed a combined $19.3 billion in private funds, the Akre Focus mutual fund, and separately managed account assets. Download 13F Summary Chuck manages $16.2 billion worth of assets and his portfolio has given average returns of 46.4% over a period of three years, on an annualized basis. In the most recent 13F filing, Altimeter Capital Management, L.P. revealed that it had increased its stake in Burrys Scion sold all Gamestop shares in Q4 before GME went stratospheric, 13F filing shows. , whose value fell 2.8% in the past six months, Confluent Inc worth $336 million, with 14,456,310 shares owned. . On Thursday, Altimeter Capital founder Brad Gerstner admitted he got the stock market . Altimeter hit anabsolute grand slamwhen they ledSnowflakes2016$76M Series C@onlya$260M post-money valuationand continued to invest in the cloud warehouse storage companys Series D, E, and F. After Snowflake 2xd on the initial IPO, Altimeter at one point saw their stake valued in $SNOW alone grow to over$8B. Copyright 2023 Altimeter Capital. altimeter capital returns; altimeter capital returns. ALTIMETER CAPITAL MANAGEMENT, LP Total Shares: 25,784,379 Subject Company: Snowflake, Inc. - View Complete Ownership History Backtest Filed as of Date: 06/21/2021: Event Date: 06/10/2021: Overall % Ownership: 8.72: Theoretical performance if you bought this security on the day the filing was released. Altimeter Capital Management's largest holding is Snowflake, Inc. with shares held of 15,369,459. Type a symbol or company name. Menlo Park, CA 94025 Link to 13F filings: SEC filings. containing a link to download the .zip file of the CSV file(s) you requested. You are limited to the prior 8 quarters of 13F filings. Gerstner has proven himself to be a world-class stock picker. Unlike an ordinary SPAC . Track the AUM, funds, and holdings for Altimeter Capital Management LP over time. In the midst of the pandemic and the following market upheaval, let us look at how hedge funds have performed. Chase Coleman's: Tiger Global Management. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. At Altimer Capital, we support businesses that leverage the power of data to drive growth.. Digital technologies continue to redefine industries and transform business models.Data-enabled companies have historically grown 75% faster on average than their peers and have been twice as likely to achieve their customer-experience goals. The S&P 500 is edging closer to bear market territory, down 18% from its record high, as the Federal Reserve's aggressive tightening spurred recession worries. to see more advanced email alert options such as selecting any type of Altimeter Capital Management is an investment firm that operates within the technology sector. 3-Year Annualized Return 3-Year Cumulative Return Rank Compared to other Funds; Top 20 Holdings Weighted Performance vs S&P500. The majority of the companies in the funds portfolio are large-cap stocks. Equal-WTWhaleScore 2.0 Altimeter Capital Management, L.P.s portfolio is diversified across 4 sectors. Its first private fund was closed in 2013. Akre Capital Management was founded in 1989 and is an asset management firm. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Question:Okay then. In 2008, Brad Gerstner founded Altimeter capital, which has $18 billion in assets under management as of April 2022. Let me know what you thought by replying back to this email. Ray Dalio's: Bridgewater Associates. News Briefs. Views here personal. Later in 2013, Brad looked to continue to capitalize off his success and launched his first$75M private fundfocused on internet and software companies. Brown manages $4.2 billion worth of assets, that is, more assets than 92% of other hedge fund managers. The leading representative office of defined VC is situated in the Menlo Park. There are 3 reasons why Altimeter is a believer in Meta: There is a wealth of lessons to be learned from Brad Gerstner & Altimeters journey. Warren Buffett's: Berkshire Hathaway. Answer:Easily the origins of the fund. As of 12/31/2022, below is a summary of the Altimeter Capital Management . [11] United Continental Holdings eventually gave in and changed its board of directors. Sign up for free newsletters and get more CNBC delivered to your inbox. There were 659 hedge funds in our system whose 13F portfolios consisted of at least five long positions in billion-dollar companies on June 30. Thanks for the read! Altimeter Capital Management is based out of Boston. They are actively managed pools of investment funds that use various investment strategies to beat the average investment returns. Silicon Valley Back in 2013, Bloomberg ran a profile of Brad Gerstners Altimeter Capital that described the up-and-coming hedge fund manager as an adventurer an amateur pilot and heli-skier who hangs out with big-time CEOs at Burning Man. Altimeters portfolio, managed by Gerstner, has a Sharpe ratio of 7.92. 2. If you look through our private investments you will also see much more significant concentration than you would in typical venture funds. TL;DR: Eutelsat Communications SA, a French satellite operator, and OneWeb, a UK satellite operator are set to combine in an all-share deal valuing OneWeb at $3.4 billion, a step toward creating a European champion to rival the likes of Elon Musks SpaceX. Question:How did the investment playout? Brad invested in Priceline @ about$45 a shareand 5 years later, the stock was over$1000, representing a24x returnon the invested capital in just a few years. Growth to continue post-pandemic? Question:If you think you will be on a word crunch, why are you using words to explain how you are feeling instead of just jumping right in? Nelson Peltz, CEO and Co-Founder of Trian Fund Management, is ranked #2 on the TipRanks Best Hedge Fund Managers list. Attached below are some of the articles and podcasts I used to help put this piece together!
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