Brad Gerstner is the founder and CEO of Altimeter Capital, a technology focused hedge fund in Menlo Park, CA and Boston, MA. Altimeter manages a long / short public stock fund along with private growth equity funds.
Holding an equal-weight portfolio of the fund’s top 20 13F positions with quarterly balancing since 2011, would have produced average annual returns of +29.52% according to WhaleWisdomAlpha.com. That’s almost 2.2x the annual return of the S&P 500 over that same time period.
Mr. Gerstner has been able to maintain fund performance even as assets under management have grown by over tenfold. From approximately $427 million to to $5.92 billion over the last eight years.
Altimeter Capital now has $5.92 billion under management in 27 different holdings with 97.62% allocated to the top 20 holdings in its hedge fund portfolio.
Below is the current Brad Gerstner portfolio of Altimeter Capital after his Q3 update. This is a breakdown of his trading and investing portfolio positions from his fund’s 13F filings as of the 3nd quarter of 2020.
Ticker Symbol/Company/Portfolio distribution percentage
UBER Uber Technologies Inc. 18.12%
FB Facebook Inc 16.60%
CRM Salesforce.com 12.59%
PDD Pinduoduo Inc Sponsored ADS 10.88%
EXPE Expedia Inc 8.23%
U Unity Software Inc Com 5.59%
MSFT Microsoft Corp 4.67%
BKNG Booking Hldgs Inc Com 3.94%
UAL United Contl Hldgs Inc 2.82%
CRWD Crowdstrike Hldgs Inc Cl A 2.25%
SNOW Snowflake Inc Cl A 1.78%
MDB Mongodb Inc Cl A 1.77%
FTCH Farfetch Ltd Ord Sh Cl A 1.61%
BABA Alibaba Group Holding Ltd Sp A 1.46%
AMZN Amazon Com Inc 1.33%
OKTA Okta Inc Cl A 0.99%
SHOP Shopify Inc 0.85%
DT Dynatrace Inc Com 0.76%
VRM Vroom Inc Com 0.66%
ZM Zoom Video Communications In Cl A 0.64%
SE Sea Ltd Adr 0.58%
DDOG Datadog Inc Cl A Com 0.58%
ANGI Angi Homeservices Inc Com Cl A 0.17%
PACK Ranpak Hldgs Corp Com Cl A 0.16%
SFIX Stitch Fix Inc Com Cl A 0.12%
TRVG Trivago N V Spon Ads A Shs 0.06%