Latest Altimeter Capital Management, LP Stock Portfolio
$6.73Billion– No. of Holdings #20
Altimeter Capital Management, LP Performance:
2024 Q2: -0.53%YTD: 9.91%2023: 58.32%
Performance for 2024 Q2 is -0.53%, and YTD is 9.91%, and 2023 is 58.32%.
About Altimeter Capital Management, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Altimeter Capital Management, LP reported an equity portfolio of $6.7 Billions as of 30 Jun, 2024.
The top stock holdings of Altimeter Capital Management, LP are SNOW, META, UBER. The fund has invested 19.2% of it's portfolio in SNOWFLAKE INC and 17.2% of portfolio in META PLATFORMS INC.
The fund managers got completely rid off TESLA INC (TSLA), BROADCOM INC (AVGO) and COHERENT CORP (COHR) stocks. They significantly reduced their stock positions in SNOWFLAKE INC (SNOW), ASTERA LABS INC (AMZN) and PDD HOLDINGS INC (PDD). Altimeter Capital Management, LP opened new stock positions in AMPHENOL CORP NEW (APH), SALESFORCE INC (CRM) and APPLE INC (AAPL). The fund showed a lot of confidence in some stocks as they added substantially to MERCADOLIBRE INC (MELI), ALPHABET INC (GOOG) and COUPANG INC (CPNG).
The top stock holdings of Altimeter Capital Management, LP are SNOW, META, UBER. The fund has invested 19.2% of it's portfolio in SNOWFLAKE INC and 17.2% of portfolio in META PLATFORMS INC.
The fund managers got completely rid off TESLA INC (TSLA), BROADCOM INC (AVGO) and COHERENT CORP (COHR) stocks. They significantly reduced their stock positions in SNOWFLAKE INC (SNOW), ASTERA LABS INC (AMZN) and PDD HOLDINGS INC (PDD). Altimeter Capital Management, LP opened new stock positions in AMPHENOL CORP NEW (APH), SALESFORCE INC (CRM) and APPLE INC (AAPL). The fund showed a lot of confidence in some stocks as they added substantially to MERCADOLIBRE INC (MELI), ALPHABET INC (GOOG) and COUPANG INC (CPNG).
Altimeter Capital Management, LP Equity Portfolio Value
Last Reported on: 14 Aug, 2024
Altimeter Capital Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Altimeter Capital Management, LP made a return of -0.53% in the last quarter. In trailing 12 months, it's portfolio return was 21.14%.
New Buys
| Ticker | $ Bought |
|---|---|
| amphenol corp new | 136,444,000 |
| salesforce inc | 93,479,000 |
| apple inc | 57,156,000 |
| samsara inc | 27,487,700 |
| rubrik inc. | 5,365,500 |
| webtoon entmt inc | 2,739,600 |
New stocks bought by Altimeter Capital Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| mercadolibre inc | 729 |
| alphabet inc | 135 |
| coupang inc | 33.5 |
| uber technologies inc | 1.34 |
| dell technologies inc | 0.96 |
Additions to existing portfolio by Altimeter Capital Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| snowflake inc | -7.1 |
| astera labs inc | -4.84 |
| pdd holdings inc | -3.04 |
| meta platforms inc | -2.75 |
| nvidia corporation | -2.4 |
| microsoft corp | -1.47 |
| confluent inc | -0.82 |
Altimeter Capital Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| tesla inc | -103,663,000 |
| coherent corp | -25,961,700 |
| broadcom inc | -52,499,500 |
Altimeter Capital Management, LP got rid off the above stocks
Sector Distribution
Altimeter Capital Management, LP has about 70.1% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 70.1 |
| Communication Services | 19 |
| Consumer Cyclical | 7 |
| Others | 3.9 |
Market Cap. Distribution
Altimeter Capital Management, LP has about 90.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 50.4 |
| LARGE-CAP | 40.1 |
| MID-CAP | 5.7 |
| UNALLOCATED | 3.9 |
Stocks belong to which Index?
About 52.4% of the stocks held by Altimeter Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 52.4 |
| Others | 47.6 |
Altimeter Capital Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Altimeter Capital Management, LP
Altimeter Capital Management, LP has 20 stocks in it's portfolio. About 92.9% of the portfolio is in top 10 stocks. SNOW proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Altimeter Capital Management, LP last quarter.
Last Reported on: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 0.85 | 271,370 | 57,156,000 | new | |||
| AMZN | astera labs inc | 4.12 | 1,434,330 | 277,184,000 | reduced | -4.84 | ||
| APH | amphenol corp new | 2.03 | 2,025,300 | 136,444,000 | new | |||
| AVGO | broadcom inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CFLT | confluent inc | 5.65 | 12,889,100 | 380,614,000 | reduced | -0.82 | ||
| COHR | coherent corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CPNG | coupang inc | 1.65 | 5,295,740 | 110,946,000 | added | 33.5 | ||
| CRM | salesforce inc | 1.39 | 363,590 | 93,479,000 | new | |||
| DELL | dell technologies inc | 1.01 | 493,940 | 68,119,300 | added | 0.96 | ||
| GOOG | alphabet inc | 1.82 | 674,530 | 122,866,000 | added | 135 | ||
| IOT | samsara inc | 0.41 | 815,660 | 27,487,700 | new | |||
| MELI | mercadolibre inc | 1.26 | 51,820 | 85,161,000 | added | 729 | ||
| META | meta platforms inc | 17.17 | 2,292,660 | 1,156,010,000 | reduced | -2.75 | ||
| MSFT | microsoft corp | 10.79 | 1,625,640 | 726,580,000 | reduced | -1.47 | ||
| NVDA | nvidia corporation | 14.21 | 7,740,810 | 956,300,000 | reduced | -2.4 | ||
| PDD | pdd holdings inc | 3.39 | 1,714,180 | 227,901,000 | reduced | -3.04 | ||
| SNOW | snowflake inc | 19.17 | 9,550,750 | 1,290,210,000 | reduced | -7.1 | ||
| TSLA | tesla inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| UBER | uber technologies inc | 14.59 | 13,515,100 | 982,275,000 | added | 1.34 | ||
| amazon com inc | 0.36 | 400,000 | 24,204,000 | unchanged | 0.00 | |||