Latest Alta Park Capital, LP Stock Portfolio
$995Million– No. of Holdings #35
Alta Park Capital, LP Performance:
2024 Q1: 9.55%YTD: 9.55%2023: 45.62%
Performance for 2024 Q1 is 9.55%, and YTD is 9.55%, and 2023 is 45.62%.
About Alta Park Capital, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Alta Park Capital, LP reported an equity portfolio of $995.3 Millions as of 31 Mar, 2024.
The top stock holdings of Alta Park Capital, LP are NU, AMZN, NFLX. The fund has invested 6.3% of it's portfolio in NU HOLDINGS LTD/CAYMAN ISLANDS and 6% of portfolio in AMAZON.COM INC.
The fund managers got completely rid off SERVICENOW INC (NOW), UBER TECHNOLOGIES INC (UBER) and PINTEREST INC (PINS) stocks. They significantly reduced their stock positions in NVIDIA CORP (NVDA), CARVANA CO (CVNA) and MERCADOLIBRE INC (MELI). Alta Park Capital, LP opened new stock positions in BLOCK INC (SQ), ADVANCED MICRO DEVICES INC (AMD) and SNOWFLAKE INC (SNOW). The fund showed a lot of confidence in some stocks as they added substantially to XP INC (XP), GODADDY INC (GDDY) and MARQETA INC (MQ).
The top stock holdings of Alta Park Capital, LP are NU, AMZN, NFLX. The fund has invested 6.3% of it's portfolio in NU HOLDINGS LTD/CAYMAN ISLANDS and 6% of portfolio in AMAZON.COM INC.
The fund managers got completely rid off SERVICENOW INC (NOW), UBER TECHNOLOGIES INC (UBER) and PINTEREST INC (PINS) stocks. They significantly reduced their stock positions in NVIDIA CORP (NVDA), CARVANA CO (CVNA) and MERCADOLIBRE INC (MELI). Alta Park Capital, LP opened new stock positions in BLOCK INC (SQ), ADVANCED MICRO DEVICES INC (AMD) and SNOWFLAKE INC (SNOW). The fund showed a lot of confidence in some stocks as they added substantially to XP INC (XP), GODADDY INC (GDDY) and MARQETA INC (MQ).
Alta Park Capital, LP Equity Portfolio Value
Last Reported on: 15 May, 2024
Alta Park Capital, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Alta Park Capital, LP made a return of 9.55% in the last quarter. In trailing 12 months, it's portfolio return was 41.19%.
New Buys
| Ticker | $ Bought |
|---|---|
| block inc | 40,389,400 |
| advanced micro devices inc | 39,386,700 |
| snowflake inc | 19,381,700 |
| intel corp | 19,348,600 |
| taiwan semiconductor mfg ltd | 19,073,100 |
| okta inc | 9,788,560 |
| fortinet inc | 9,769,080 |
New stocks bought by Alta Park Capital, LP
Additions
| Ticker | % Inc. |
|---|---|
| xp inc | 302 |
| godaddy inc | 213 |
| marqeta inc | 211 |
| elastic nv | 136 |
| spotify technology sa | 136 |
| lendingtree inc | 50.22 |
| meta platforms inc | 40.82 |
| amazon.com inc | 35.55 |
Additions to existing portfolio by Alta Park Capital, LP
Reductions
| Ticker | % Reduced |
|---|---|
| nvidia corp | -65.85 |
| carvana co | -56.33 |
| mercadolibre inc | -48.61 |
| palo alto networks inc | -44.52 |
| alibaba group holding ltd | -41.38 |
| entegris inc | -40.22 |
| microsoft corp | -30.55 |
| micron technology inc | -30.02 |
Alta Park Capital, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| snap inc | -13,845,400 |
| toast inc | -14,647,500 |
| pinterest inc | -27,517,000 |
| uber technologies inc | -38,725,100 |
| roblox corp | -21,584,400 |
| take-two interactive software | -27,506,400 |
| marvell technology inc | -9,452,640 |
| nxp semiconductors nv | -18,374,400 |
Alta Park Capital, LP got rid off the above stocks
Sector Distribution
Alta Park Capital, LP has about 60.4% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 60.4 |
| Others | 17.5 |
| Communication Services | 10.5 |
| Consumer Cyclical | 10.2 |
Market Cap. Distribution
Alta Park Capital, LP has about 69.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 37.9 |
| MEGA-CAP | 31.9 |
| UNALLOCATED | 17.5 |
| MID-CAP | 11.3 |
| SMALL-CAP | 1.5 |
Stocks belong to which Index?
About 46.8% of the stocks held by Alta Park Capital, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 53.1 |
| S&P 500 | 42.3 |
| RUSSELL 2000 | 4.5 |
Alta Park Capital, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Alta Park Capital, LP
Alta Park Capital, LP has 35 stocks in it's portfolio. About 45.7% of the portfolio is in top 10 stocks. S proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Alta Park Capital, LP last quarter.
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMD | advanced micro devices inc | 3.96 | 218,221 | 39,386,700 | new | |||
| AMZN | amazon.com inc | 5.99 | 330,669 | 59,646,100 | added | 35.55 | ||
| BABA | alibaba group holding ltd | 0.88 | 121,750 | 8,809,830 | reduced | -41.38 | ||
| COMP | compass inc | 0.86 | 2,383,520 | 8,580,680 | reduced | -4.53 | ||
| CRM | salesforce inc | 2.85 | 94,037 | 28,322,100 | added | 4.7 | ||
| CVNA | carvana co | 0.74 | 83,430 | 7,334,330 | reduced | -56.33 | ||
| DDOG | datadog inc | 1.95 | 156,599 | 19,355,600 | reduced | -9.83 | ||
| DOCU | docusign inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ENTG | entegris inc | 1.15 | 81,061 | 11,392,300 | reduced | -40.22 | ||
| EPAM | epam systems inc | 1.90 | 68,383 | 18,884,600 | added | 1.96 | ||
| ESTC | elastic nv | 1.93 | 191,861 | 19,232,100 | added | 136 | ||
| FTNT | fortinet inc | 0.98 | 143,011 | 9,769,080 | new | |||
| GDDY | godaddy inc | 3.14 | 263,519 | 31,274,400 | added | 213 | ||
| GLOB | globant sa | 2.20 | 108,358 | 21,877,500 | added | 16.27 | ||
| GTLB | gitlab inc | 3.84 | 655,736 | 38,242,500 | reduced | -10.36 | ||
| HUBS | hubspot inc | 2.06 | 32,640 | 20,450,900 | reduced | -26.45 | ||
| INTC | intel corp | 1.94 | 438,049 | 19,348,600 | new | |||
| MDB | mongodb inc | 1.91 | 53,126 | 19,053,100 | reduced | -5.3 | ||
| MELI | mercadolibre inc | 2.69 | 17,733 | 26,811,600 | reduced | -48.61 | ||
| META | meta platforms inc | 4.75 | 97,401 | 47,296,000 | added | 40.82 | ||