Latest Altimeter Capital Management, LP Stock Portfolio
Altimeter Capital Management, LP Performance:
2024 Q3: -1.04%YTD: 8.77%2023: 58.32%
Performance for 2024 Q3 is -1.04%, and YTD is 8.77%, 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 $6.8 Billions as of 30 Sep, 2024.
The top stock holdings of Altimeter Capital Management, LP are META, UBER, SNOW. The fund has invested 19.2% of it's portfolio in META PLATFORMS INC and 14.8% of portfolio in UBER TECHNOLOGIES INC.
The fund managers got completely rid off PDD HOLDINGS INC (PDD), AMPHENOL CORP NEW (APH) and DELL TECHNOLOGIES INC (DELL) stocks. They significantly reduced their stock positions in AMAZON COM INC (AMZN), SNOWFLAKE INC (SNOW) and MICROSOFT CORP (MSFT). Altimeter Capital Management, LP opened new stock positions in KRANESHARES TRUST (BNDD), TESLA INC (TSLA) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). The fund showed a lot of confidence in some stocks as they added substantially to RUBRIK INC., SAMSARA INC (IOT) and SALESFORCE INC (CRM).
The top stock holdings of Altimeter Capital Management, LP are META, UBER, SNOW. The fund has invested 19.2% of it's portfolio in META PLATFORMS INC and 14.8% of portfolio in UBER TECHNOLOGIES INC.
The fund managers got completely rid off PDD HOLDINGS INC (PDD), AMPHENOL CORP NEW (APH) and DELL TECHNOLOGIES INC (DELL) stocks. They significantly reduced their stock positions in AMAZON COM INC (AMZN), SNOWFLAKE INC (SNOW) and MICROSOFT CORP (MSFT). Altimeter Capital Management, LP opened new stock positions in KRANESHARES TRUST (BNDD), TESLA INC (TSLA) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). The fund showed a lot of confidence in some stocks as they added substantially to RUBRIK INC., SAMSARA INC (IOT) and SALESFORCE INC (CRM).
Altimeter Capital Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Altimeter Capital Management, LP made a return of -1.04% in the last quarter. In trailing 12 months, it's portfolio return was 29.51%.
New Buys
| Ticker | $ Bought |
|---|---|
| kraneshares trust | 192,928,000 |
| tesla inc | 173,304,000 |
| taiwan semiconductor mfg ltd | 90,185,100 |
| broadcom inc | 68,464,400 |
| futu hldgs ltd | 55,070,500 |
| zillow group inc | 54,628,800 |
| duolingo inc | 54,042,100 |
| lineage cell theraputics in | 31,352,000 |
New stocks bought by Altimeter Capital Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| rubrik inc. | 842 |
| samsara inc | 78.13 |
| salesforce inc | 25.89 |
| coupang inc | 23.87 |
| mercadolibre inc | 18.6 |
| confluent inc | 5.72 |
| nvidia corporation | 0.72 |
Additions to existing portfolio by Altimeter Capital Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| amazon com inc | -37.09 |
| snowflake inc | -9.45 |
| microsoft corp | -2.44 |
| alphabet inc | -1.91 |
| uber technologies inc | -1.32 |
| meta platforms inc | -1.25 |
Altimeter Capital Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| amphenol corp new | -136,444,000 |
| pdd holdings inc | -227,901,000 |
| dell technologies inc | -68,119,300 |
| apple inc | -57,156,000 |
| webtoon entmt inc | -2,739,600 |
Altimeter Capital Management, LP got rid off the above stocks
Sector Distribution
Altimeter Capital Management, LP has about 62.5% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 62.5 |
| Communication Services | 20.8 |
| Consumer Cyclical | 9.3 |
| Others | 6.6 |
Market Cap. Distribution
Altimeter Capital Management, LP has about 88.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 52.9 |
| LARGE-CAP | 35.6 |
| UNALLOCATED | 6.6 |
| MID-CAP | 4.9 |
Stocks belong to which Index?
About 52.9% of the stocks held by Altimeter Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 52.9 |
| Others | 46.3 |
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 23 stocks in it's portfolio. About 87.3% of the portfolio is in top 10 stocks. SNOW proved to be the most loss making stock for the portfolio. META was the most profitable stock for Altimeter Capital Management, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMZN | amazon com inc | 2.49 | 902,290 | 168,124,000 | reduced | -37.09 | ||
| APH | amphenol corp new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AVGO | broadcom inc | 1.01 | 396,895 | 68,464,400 | new | |||
| BNDD | kraneshares trust | 2.86 | 5,671,010 | 192,928,000 | new | |||
| CFLT | confluent inc | 4.11 | 13,626,500 | 277,707,000 | added | 5.72 | ||
| CPNG | coupang inc | 2.38 | 6,559,680 | 161,040,000 | added | 23.87 | ||
| CRM | salesforce inc | 1.85 | 457,735 | 125,287,000 | added | 25.89 | ||
| DELL | dell technologies inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DUOL | duolingo inc | 0.80 | 191,625 | 54,042,100 | new | |||
| FUTU | futu hldgs ltd | 0.81 | 575,750 | 55,070,500 | new | |||
| GOOG | alphabet inc | 1.62 | 661,645 | 109,734,000 | reduced | -1.91 | ||
| IOT | samsara inc | 1.03 | 1,452,930 | 69,915,100 | added | 78.13 | ||
| MELI | mercadolibre inc | 1.87 | 61,460 | 126,113,000 | added | 18.6 | ||
| META | meta platforms inc | 19.19 | 2,264,000 | 1,296,000,000 | reduced | -1.25 | ||
| MSFT | microsoft corp | 10.10 | 1,585,900 | 682,413,000 | reduced | -2.44 | ||
| NVDA | nvidia corporation | 14.02 | 7,796,590 | 946,818,000 | added | 0.72 | ||
| PDD | pdd holdings inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| SNOW | snowflake inc | 14.71 | 8,647,960 | 993,305,000 | reduced | -9.45 | ||
| TSLA | tesla inc | 2.57 | 662,400 | 173,304,000 | new | |||