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. After Snowflake windfall, Altimeter Capital captures dealmaking Altimeter Capital Management, L.P. closed its position in Sea Ltd on 15th August 2022. 91. The hedge fund managers portfolio has given an annualized return of 45.6% over a period of three years. Their last reported 13F filing for Q4 2022 included $3,652,571,000 in managed 13F securities and a top 10 holdings concentration of 99.95%. The stocks discussed may be volatile and illiquid. From time to time, the Content Creator or its affiliates may hold positions or other interests in securities mentioned in the Blog. About. Best large hedge funds to clone?WhaleRock, SCGE and Dragoneer lead the pack. As of November 30, Akre managed a combined $19.3 billion in private funds, the Akre Focus mutual fund, and separately managed account assets. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Altimeter Capital Management, L.P.s portfolio is diversified across 4 sectors. He also served as a co-CEO of a travel company called National Leisure Group. Required fields not completed correctly. Altimeter Capital Management LP Top Holdings 13F Filings Altimeter Capital Management, L.P. closed its position in Sea Ltd on 15th August 2022. This investment blog (the Blog) is created and authored by Mark W. Gaffney (the Content Creator). The fund has exact preference in some . 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. Altimeter Capital - Free Partner Email & Investor Profile ALTIMETER CAPITAL MANAGEMENT, LP Top 13F Holdings - WhaleWisdom.com When was the most recent most recent 13F form submitted by Altimeter Capital Management, LLC? 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? I was intrigued by this idea of public market investors also doing private market investing. Type a symbol or company name. You are limited to the prior 8 quarters of 13F filings. Altimeter is a leading technology-focused investment firm built by founders for founders. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. All Rights Reserved. ALTIMETER CAPITAL - The Economic Times Altimeter Capital Management, LP (Altimeter) is an SEC-registered investment adviser. To calculate this, we calculate the cost basis of added positions in each quarter and use that to calculate the total profit and returns for each quarter. Altimeter Capital: From $3M to $1B in 5 years - Workweek 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 capital returns; altimeter capital returns. Description. Contact Email info@altimeter.com. Following Alpha: Altimeter Capital - Q4 2015 Review Altimeter Capital is a technology-focused investment firm based in Menlo Park, CA and Boston, MA. Plan. Ideal for intelligent investors with $50,000+ portfolios. [2]: [3][4] Prior to that, Gerstner worked at PAR Capital Management as well as General Catalyst. Question:Was there one take that you felt that Brad made that was particularly interesting? $499/Year. 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. See you in your inbox every Monday and Thursday. Brad Gerstner's Altimeter Capital Management has between $300 million and $400 million in assets under management, and invests almost exclusively in the services sector. October 25th, 2022 - Hedge Funds Insider Trading, May 12th, 2022 - Hedge Funds Insider Trading, November 25th, 2020 - Hedge Funds Insider Trading, May 9th, 2017 - Hedge Funds Market Movers News. Normally $755/year for everything included. Altimeter is a leading technology-focused investment firm built by founders for founders. 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. Media. are based in the United States. Altimeter Capital Management, L.P. is an investment fund managing more than $4.33 billion ran by Mara Davis. San Francisco, CA 94105 Compare against similar firms. SARAL was launched on February 25, 2013, from SDSC-SHAR, Sriharikota onboard PSLV-C20. ? Brad Gerstner | 2023 Phocuswright Conference: November 13-16, 2023, Ft A well-known technology hedge fund manager is licking his wounds and preparing for difficult times ahead. Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday, April 13, 2021 that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion in preparation for an initial public offering in the U.S . It sold the previously owned 1,155,613 shares for $138 million. Create Email Alert, ***Log In or Question:How are you feeling after listening to two podcasts (multiple times each), reading several articles, and sifting through 13Fs on Altimeter Capital? Sign-up Altimeter SPAC goes public | PE Hub SEC form, multiple filers or classes of filers, and much more.***. Altimeter Capital has made 7 diversity investments. You understand that the Content Creator is not advising, and will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Disclosure: At the time of publication, Shrilekha Pethe did not have a position in any of the securities mentioned in this article. Shrilekha Pethe for In this article, we are going to discuss top tech stocks to buy today according to Brad Gerstners Altimeter Capital Management. Do Not Sell My Personal Information (CA Residents Only). What jumps out to you the most about Altimeters journey? OriginalWhaleScore Performance View the latest funds and 13F holdings. "When we turn our companies around, there's often an important improvement in the margins and profitability of the companies. Founded in 2008, Altimeter Capital Management is a venture capital firm is based in Boston, Massachusetts. Altimeter Capital Management LP | AUM 13F Suite 4610 Later in 2013, Brad looked to continue to capitalize off his success and launched his first$75M private fundfocused on internet and software companies. $4.33 billion and $4.33 billion respectively. It is important here to also look at the Sharpe ratio, which stands at 8.96. Grab to list in US via $40 bln merger with Altimeter Growth 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. According to the last 13-F report filed with the SEC, Mara Davis serves as the Chief Compliance Officer at Altimeter Capital Management, L.P.. Andy Brown is the CEO and portfolio manager of Cedar Rock Capital, an independent investment firm founded in 2002 and ranked #5 on this list. Altimeter | LinkedIn If you look through our private investments you will also see much more significant concentration than you would in typical venture funds. Fast forward seven years, and Gerstner has pretty much achieved his goal. refer to our Altimeter Capital Management LP now owns 18,041,796 shares of the company's stock worth . 13F filing from ALTIMETER CAPITAL MANAGEMENT, LP, enter your In 2008, Brad Gerstner founded Altimeter Capital in Boston, Massachusetts. The firm's private equity arm makes all-stage venture capital investments, primarily in the technology sector. Our team will review your remarks prior to publishing. 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. Performance numbers calculated through 2023-02-14. For media inquiries, please contact press@altimeter.com. Altimeter Capital Management, LP ("Altimeter") is an SEC-registered investment adviser. As revealed in a recent 13D filing with the US SEC, Brad Gerstner's Altimeter Capital Managemententered into a settlement agreement with theUnited Continental Holdings Inc. Altimeter.com is Altimeters only website. While shareholders will split the newly merged company, Eutelsat CEO Eva Berneke will run the company, and Eutelsats chairman, Dominique DHinnin, is set to be chairman of the company, with his OneWeb counterpart, Sunil Bharti Mittal, set to be co-chair and vice president. older whippets for rehoming 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 manages a variety of venture and Answer:Unbelievably well. Steven Cohen's: Point72 Asset Management. institution's (Altimeter Capital Management, LP) Internal Rate of Return (IRR). 64% of the total holdings value. Deals with Altimeter Capital participation, Morningstar Institutional Equity Research. The portfolio has given average returns of 68.6% on an annualized basis over a three-year period. Altimeter.com is Altimeter's only website. $6.9 M. The public equity fund is noted for its strong performance, averaging annual returns of 29.52% since 2011. Peltzs portfolio is skewed towards the Consumer Goods sector, with a 43.2% investment in this sector. Investment Stage Early Stage Venture, Late Stage Venture, Post-Ipo, Private Equity, Venture. Watch for disclosures from these smart money hedge funds. Suite 150 The principal office where Altimeter Capital Management, LP performs its advisory services is located at One International Place, Boston, MA 02110, which is also the mailing address of the firm. Brad specifically shared that At any given moment in time in the public markets, we might have 75% of our portfolio in our top 4 or 5 ideas. [1]: Altimeter Capital's tech SPAC Altimeter Growth Corp. prices $450 He is bullish on both, which to many could see as being contradicting. Investing in the investments discussed in the Blog may be risky and speculative. Mara Davis also disclosed a decreased stake in Snowflake by approximately 0.1%. Altimeter Capital Management is based out of Boston. Citadel's multistrategy flagship fund Wellington rallied 7.5% last month, bringing its year-to-date performance to 12.7%. Get our editors daily picks straight in your inbox! When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Altimeter is a technology-focused investment firm based out of Menlo Park, California, and Boston, Massachusetts. Altimeter Capital Management, LP ("Altimeter") is an SEC-registered investment adviser. The firm also considers investments in the consumer products and services, gaming, retail, and transportation sectors. Altimeter Capital Management LP. Win whats next. It was a blast. Browns portfolio has given average returns of 35.5% on an annualized basis over a period of 3 years. divided by the total MV of the fund. Altimeter Capital Management has met the qualifications for inclusion in our WhaleScore system. Altimeter Capital Management's largest holding is Snowflake, Inc. with shares held of 15,369,459. Altimeter Capital_ - Altimeter Capital Management LP now owns 961,206 shares of the company's stock worth $52,338,000 after . Revenue. Altimeter Capital's Brad Gerstner Issues Open Letter to Meta (META) and Current Brad Gerstner Portfolio: Altimeter Capital - New Trader U "Some of these companies we buy have lower valuations and lower share prices than they did in March 2009," said James Rasteh, CIO of Coast. The firm's highlight investments in the past two years include Airbyte, Discord . ALTIMETER GROWTH CO-INVEST FUND III, L.P. ALTIMETER SPECIAL SITUATIONS PORTFOLIO (2020-I), CHIEF COMPLIANCE OFFICER , GENERAL COUNSEL. TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. The minimum investment required for hedge funds is high, which means that usually, hedge funds clients are high net worth individuals (HNWI). Today I am going to be breaking down one of the most interesting crossover funds in the game,Altimeter Capital. [10] The public equity fund is noted for its strong performance, averaging annual returns of 29.52% since 2011. Nelson Peltz, CEO and Co-Founder of Trian Fund Management, is ranked #2 on the TipRanks Best Hedge Fund Managers list. Altimeter Capital Management is a technology focused investment firm based in Menlo Park, CA and Boston, MA. This will schedule a job to export all requested 13f holdings data for this filer. Stocks with a size of more than $10 billion in market cap make up Altimeter Capital - Investments, Portfolio & Company Exits - Crunchbase Bruce Berkowitz's: Fairholme Capital Management. Nothing on this website constitutes, or is meant to constitute, advice of any kind. All rights reserved. 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. Altimeter Capital Management, LLC's average return in the last 3 years was 25.03%. This leaves the value of the investment at $2.36 billion and 17,001,796 shares. Past performance is not an indication of future results. # . Brad Gerstner. 2015-2023 Fintel Ventures LLC. 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. Catherine Woods fund seeks out Disruptive Innovation.. Tweets & replies. Altimeter SPAC Has Reported $40 Billion Deal for Ride-Hail Company Grab