Latest Altimeter Capital Management, LP Stock Portfolio
$6.51Billion– No. of Holdings #17
Altimeter Capital Management, LP Performance:
2024 Q1: 10.5%YTD: 10.5%2023: 58.32%
Performance for 2024 Q1 is 10.5%, and YTD is 10.5%, 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 $6.5 Billions as of 31 Mar, 2024.
The top stock holdings of Altimeter Capital Management, LP are SNOW, META, UBER. The fund has invested 25.5% of it's portfolio in SNOWFLAKE INC and 17.6% of portfolio in META PLATFORMS INC.
They significantly reduced their stock positions in SNOWFLAKE INC (SNOW), CONFLUENT INC (CFLT) and PDD HOLDINGS INC (PDD). Altimeter Capital Management, LP opened new stock positions in COUPANG INC (CPNG), DELL TECHNOLOGIES INC (DELL) and BROADCOM INC (AVGO). The fund showed a lot of confidence in some stocks as they added substantially to TESLA INC (TSLA) and AMAZON COM INC (AMZN).
The top stock holdings of Altimeter Capital Management, LP are SNOW, META, UBER. The fund has invested 25.5% of it's portfolio in SNOWFLAKE INC and 17.6% of portfolio in META PLATFORMS INC.
They significantly reduced their stock positions in SNOWFLAKE INC (SNOW), CONFLUENT INC (CFLT) and PDD HOLDINGS INC (PDD). Altimeter Capital Management, LP opened new stock positions in COUPANG INC (CPNG), DELL TECHNOLOGIES INC (DELL) and BROADCOM INC (AVGO). The fund showed a lot of confidence in some stocks as they added substantially to TESLA INC (TSLA) and AMAZON COM INC (AMZN).
Altimeter Capital Management, LP Equity Portfolio Value
Last Reported on: 15 May, 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 10.5% in the last quarter. In trailing 12 months, it's portfolio return was 48.73%.
New Buys
| Ticker | $ Bought |
|---|---|
| coupang inc | 70,570,200 |
| dell technologies inc | 55,828,300 |
| broadcom inc | 52,499,500 |
| alphabet inc | 43,230,900 |
| astera labs inc | 29,676,000 |
| coherent corp | 25,961,700 |
New stocks bought by Altimeter Capital Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| tesla inc | 276 |
| amazon com inc | 20.13 |
Additions to existing portfolio by Altimeter Capital Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| snowflake inc | -17.25 |
| confluent inc | -11.77 |
| pdd holdings inc | -6.1 |
| meta platforms inc | -1.97 |
| nvidia corporation | -0.81 |
| microsoft corp | -0.19 |
Altimeter Capital Management, LP reduced stake in above stock
Sold off
Sector Distribution
Altimeter Capital Management, LP has about 71.1% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 71.1 |
| Communication Services | 18.2 |
| Consumer Cyclical | 7 |
| Others | 3.6 |
Market Cap. Distribution
Altimeter Capital Management, LP has about 89.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 46.5 |
| LARGE-CAP | 43.4 |
| MID-CAP | 6.5 |
| UNALLOCATED | 3.6 |
Stocks belong to which Index?
About 46.5% of the stocks held by Altimeter Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 53.5 |
| S&P 500 | 46.5 |
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 17 stocks in it's portfolio. About 96.7% 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: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMZN | amazon com inc | 4.18 | 1,507,300 | 271,888,000 | added | 20.13 | ||
| AVGO | broadcom inc | 0.81 | 39,610 | 52,499,500 | new | |||
| CFLT | confluent inc | 6.09 | 12,995,500 | 396,623,000 | reduced | -11.77 | ||
| COHR | coherent corp | 0.40 | 428,270 | 25,961,700 | new | |||
| CPNG | coupang inc | 1.08 | 3,966,840 | 70,570,200 | new | |||
| DELL | dell technologies inc | 0.86 | 489,250 | 55,828,300 | new | |||
| GOOG | alphabet inc | 0.66 | 286,430 | 43,230,900 | new | |||
| MELI | mercadolibre inc | 0.14 | 6,245 | 9,442,190 | unchanged | 0.00 | ||
| META | meta platforms inc | 17.59 | 2,357,400 | 1,144,710,000 | reduced | -1.97 | ||
| MSFT | microsoft corp | 10.66 | 1,649,870 | 694,133,000 | reduced | -0.19 | ||
| NVDA | nvidia corporation | 11.01 | 793,145 | 716,654,000 | reduced | -0.81 | ||
| PDD | pdd holdings inc | 3.16 | 1,767,930 | 205,522,000 | reduced | -6.1 | ||
| SNOW | snowflake inc | 25.52 | 10,281,100 | 1,661,420,000 | reduced | -17.25 | ||
| TSLA | tesla inc | 1.59 | 589,700 | 103,663,000 | added | 276 | ||
| UBER | uber technologies inc | 15.77 | 13,336,600 | 1,026,780,000 | unchanged | 0.00 | ||
| astera labs inc | 0.46 | 400,000 | 29,676,000 | new | ||||
| grab holdings limited | 0.01 | 3,502,000 | 653,823 | unchanged | 0.00 | |||