Headquarters Location. Bill Ackman's: Pershing Square Capital Management. Brad Gerstner | 2023 Phocuswright Conference: November 13-16, 2023, Ft Get this delivered to your inbox, and more info about our products and services. Also, due to some housekeeping, the Toast 2.0 piece will be dropping on Monday. Comcast (CMCSA) makes up 13.8% of Peltzs portfolio, followed by Sysco (SYY) and Invesco (IVZ) at 13.1% and 10.9%, respectively. Grab to list in US via $40 bln merger with Altimeter Growth Currently, their heaviest sector is Technology making up 85.1% of [2] The firm focuses on technology investments in both public and private markets globally. Neither Altimeter, nor any of its affiliates or personnel, offers investment advisory services via the internet. Got a confidential news tip? Altimeter Capital Management Investor Profile: Portfolio & Exits The fund focuses on investments in the United States as Altimeter Capital's Brad Gerstner Issues Open Letter to Meta (META) and Altimeter Capital Management General Information. Altimeter Capital employs 13 employees. Its Engaged fund is up 4% in April, advancing over 15% in 2022, according to a person familiar with the returns. It is important here to also look at the Sharpe ratio, which stands at 8.96. Besides for Peltz, Trians founding partners include Ed Garden and Peter May. As of 8th August 2022, Altimeter Capital Management, L.P.s top holding is 17,001,796 shares of Snowflake currently worth over $2.36 billion and making up 54.7% of the portfolio value. The activist hedge fund industry oversees approximately $120 billion in assets under management, which enables activists to acquire stakes even in the largest U.S. public companies. Altimeter Capital Management, LP (Boston) | Adviser Rankings - wallmine Altimeter Capital Management LP Top Holdings 13F Filings A Recession Is Already Here, Hedge Fund Manager Says Altimeter.com is . The article said Gerstner wanted to build a Venture Capital Empire. All Rights Reserved. Catherine Woods fund seeks out Disruptive Innovation.. [2]: Usually, a Sharpe ratio of more than 1 is considered good, while a ratio that is below 1 should be judged based on the investment strategy used. The Nasdaq Composite slid more than 13% in April, dropping almost 30% from its all-time high. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. FILE - In this May 24, 2017, file photo, applicants fill in forms to join Grab Vietnam at the company's office in Hanoi, Vietnam. Everything in Dividend Ideas. Map , Boston Menlo Park, CA 94025 He also served as a co-CEO of a travel company called National Leisure Group. View the latest funds and 13F holdings. They did not look at something as public or private investment. The bullishness on TikTok is obvious, but Meta not so much. Seeking profits from 13D & 13G filings? Download 13F Summary To screen for upcoming or past SPAC . About Altimeter Capital Altimeter is a global investment firm managing both public and private funds focused on the airline, travel, technology, internet, software, and consumer sectors. Their most recent investment was on Feb 2, 2023, when Samooha raised $12.5M. [9], For public markets, Altimeter Capital manages a long / short public equity fund that invests in technology companies. Build and grow your dividend income machine with actionable buy & sell recommendations, portfolio building guides, & more. Altimeter Capital Management, L.P. 13F annual report Media. Thanks for the read! Brad Gerstner Bio, Returns, AUM, Net Worth. They manage Don't bet that the bottom is in for what were high-growth tech firms, private equity investors say, David Einhorn on his winning short 'bubble basket' strategy that he's continuing, Stock pickers continue to shine after a better year and here are their favorite names in 2023. Gerstner has maintained exceptional performance despite Altimeters 13F assets growing from $427M to $4.7 billion over the last eight years. In a $400M fund we might have 10 investments.. He founded a technology-focused investment firm called Altimeter Capital in 2008. SEC form, multiple filers or classes of filers, and much more.***. However, it is a big problem for baseball when the game being delayed is actually a good thing for the fan experience! While the firms mostly won't be able to sell their shares until lockup periods expire . What jumps out to you the most about Altimeters journey? What in my eyes is crazy is the fact that Brad invested nearly half the fund intoPriceline, the online travel site. 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. This website is provided as is without any representations or warranties, express or implied. Everyone thought he was crazy.. AGC is a SPAC which is a blank-check company. Altimeter Growth Corp. 2, the second blank check company formed by Altimeter Capital targeting the tech sector, raised $400 million by offering 40 million shares at $10. Get our editors daily picks straight in your inbox! 10.8% Fintel . Altimeter Capital Chair and CEO Brad Gerstner said in an open letter to the company and CEO Mark Zuckerberg on Monday that Meta has too many employees and is moving too slowly to retain the confidence of investors. The firm also considers investments in the consumer products and services, gaming, retail, and transportation sectors. Bay Area's first IPO of 2021 raises $400M for an Altimeter Capital SPAC. Past performance is not an indication of future results. Altimeter Capital Management LP now owns 18,041,796 shares of the company's stock worth . HOME | Altimeterwealth Charlotte NC Best wealth management Easily, the highlight of the game for everyone was oddly the rain delay. Altimeter Capital Management, L.P. closed its position in Sea Ltd on 15th August 2022. You are limited to the prior 8 quarters of 13F filings. Altimeter Capital Management LP. Returns from the best ideas are usually diluted by a long tail of lower quality ideas. 3-Year Annualized Return 3-Year Cumulative Return Rank Compared to other Funds; Top 20 Holdings Weighted Performance vs S&P500. Our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. Altimeter manages a long / short public equity fund and private growth equity funds. On Thursday, Altimeter Capital founder Brad Gerstner admitted he got the stock market . Fast forward seven years, and Gerstner has pretty much achieved his goal. Altimeter Capital Management is based out of Boston. Sign-up Investment Advisor 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. divided by the total MV of the fund. The fund's success has been attributed to management's superior skills in identifying and investing in companies in the ever-growing tech sector. The music was electric and fans were dancing on the big screen. A well-known technology hedge fund manager is licking his wounds and preparing for difficult times ahead. 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. OriginalWhaleScore Copy and paste multiple symbols separated by spaces. . altimeter capital returns. Top 10 Stocks Held By Altimeter Capital Management LP 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. SARAL was launched on February 25, 2013, from SDSC-SHAR, Sriharikota onboard PSLV-C20. Altimeter Capital Management's 21 Stock Portfolio: Top 10 Holdings Analyzed For an individual retail investor, a closer look at hedge funds data reveals which companies or sectors they are upbeat about an interesting insight. Altimeter Capital has had 22 exits. Altimeter Capital: From $3M to $1B in 5 years, Investing with Altimeter Capitals Brad Gerstner, Brad Gerstner Public & Private Investing, Eutelsat, OneWeb Agree $3.4 Billion Deal to Rival SpaceX, See you in your inbox every Monday and Thursday. In 2008, Brad Gerstner founded Altimeter Capital in Boston, Massachusetts. Over the last three years, Meta has also dramatically increased its capital expenses. 535 Mission Street, After Snowflake windfall, Altimeter Capital captures dealmaking A look at the hedge funds managers portfolio activity indicates that Microsoft (MSFT) makes up 9.3% of the portfolio, followed by Amazon (AMZN) and Aon (AON) at 8.8% and 8.5%, respectively. Popular Searches. Their last reported 13F filing for Q4 2022 included $3,652,571,000 in managed 13F securities Essentialism is a concept byGreg Mckeownthat emphasizes the idea of not stretching yourself too thin, and rather focusing on doing less and enriching what you choose to spend your time on. Today I am going to be breaking down one of the most interesting crossover funds in the game,Altimeter Capital. You can expect to hear more about Brad and some of his investments soon in The Crossover! Reasons they site: 1. Our team will review your remarks prior to publishing. Description. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. Altimeter Capital now has $5.92 billion under management in 27 different holdings with 97.62% allocated to the top 20 holdings in its hedge fund portfolio. These positions were updated on August 15th based on the funds latest 13F filing. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. for Q4 2022: commodity pool operator or commodity trading advisor, Percentage of assets under management,Performance-based fees, CHIEF COMPLIANCE OFFICER/DIRECTOR OF FINANCE, CHIEF COMPLIANCE OFFICER/CHIEF FINANCIAL OFFICER, ALTIMETER CAPITAL MANAGEMENT GENERAL PARTNER LLC, MANAGING MEMBER ALTIMETER CAPITAL MANAGEMENT GENERAL PARTNER, LLC. Chuck Akre is the managing member, CEO, and CIO of Akre Capital Management and ranked #4 on this list. Altimeter Capital Portfolio Investments, Altimeter Capital Funds Altimeter Capital Management, LLC's most recent 13F form was submitted on Dec 31, 2022. You must have a subscription to view WhaleScore histories. Altimeter.com is Altimeters only website.