Altimeter Capital Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Brad Gerstner's Altimeter Capital Management reported 17 stock positions worth $6.9 billion. Its top holding was Meta Platforms Class A (META) at 20.0% of the portfolio, followed by Nvidia (NVDA, 18.8%) and Snowflake (SNOW, 9.1%). Compared with Q1 2025, it opened 3 new positions, sold out of 7, added to 12 and reduced 2. The biggest buy was Nvidia (NVDA, shares +15%) and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).
- Most Recent 13F
- Q2 2026
- Notable People
- Brad Gerstner
- Location
- MENLO PARK, CA
- CIK
- 0001541617
- Portfolio Value
- $6.9B (Q2 2025)
- SEC Filing
- 0001541617-25-000009 ↗ filed Aug 14, 2025
Holdings Value
Holdings 17 stocks · $6.9B
| META Meta Platforms Inc. Class A | 20.00% | 1,877,301 | $1.4B | Add +2.3% |
| NVDA Nvidia Corp. | 18.82% | 8,252,160 | $1.3B | Add +15.4% |
| SNOW Snowflake Inc. | 9.12% | 2,825,630 | $632.3M | Reduce -4.1% |
| UBER Uber Technologies Inc. | 8.02% | 5,953,104 | $555.4M | Add +5.1% |
| MSFT Microsoft Corp. | 7.60% | 1,058,121 | $526.3M | Add +8.5% |
| CFLT Confluent Inc. Class A | 5.60% | 15,552,976 | $387.7M | Add +19.3% |
| CPNG Coupang Inc. | 4.94% | 11,432,698 | $342.5M | Add +53.6% |
| AMZN Amazon.com Inc. | 4.64% | 1,464,863 | $321.4M | Add +40.2% |
| HOOD Robinhood Markets Inc. Class A | 4.39% | 3,245,457 | $303.9M | Add +12.5% |
| TSM Taiwan Semiconductor-SP ADR | 2.83% | 867,209 | $196.4M | New |
| CART Maplebear Inc. | 2.75% | 4,216,768 | $190.8M | Add +25.9% |
| Z Zillow Group Inc. Class C | 2.41% | 2,387,772 | $167.3M | Add +80.4% |
| ARM Arm Holdings PLC-ADR | 2.18% | 933,208 | $150.9M | Add +431.4% |
| MELI MercadoLibre Inc. | 1.76% | 46,539 | $121.6M | Add +1310.3% |
| IOT Samsara Inc. Class A | 1.72% | 2,990,578 | $119.0M | New |
| DDOG Datadog Inc. Class A | 1.71% | 881,730 | $118.4M | New |
| CRWV Coreweave Inc. Class A | 1.53% | 649,536 | $105.9M | Reduce -78.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AGCWW Altimeter Growth Corp. -CW25 | *W EXP 09/30/202 | 3,502,000 | $1.4M | No change |
Total filed on the 13F, all lines: $6.9B.
Portfolio Sells Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −9.32 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −2.53 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −1.44 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −1.18 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −1.02 |
| CRWV Coreweave Inc. Class A | Reduce -78.3% | 1.53% | −0.71 |
| SAIL Sailpoint Inc. | Sold out | 0.00% | −0.09 |
| TTAN Servicetitan Inc. Class A | Sold out | 0.00% | −0.08 |
| SNOW Snowflake Inc. | Reduce -4.1% | 9.12% | +0.46 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +15.4% | 18.82% | +3.22 |
| TSM Taiwan Semiconductor-SP ADR | New | 2.83% | +2.83 |
| HOOD Robinhood Markets Inc. Class A | Add +12.5% | 4.39% | +1.97 |
| ARM Arm Holdings PLC-ADR | Add +431.4% | 2.18% | +1.80 |
| IOT Samsara Inc. Class A | New | 1.72% | +1.72 |
| DDOG Datadog Inc. Class A | New | 1.71% | +1.71 |
| CPNG Coupang Inc. | Add +53.6% | 4.94% | +1.66 |
| MELI MercadoLibre Inc. | Add +1310.3% | 1.76% | +1.63 |
| AMZN Amazon.com Inc. | Add +40.2% | 4.64% | +0.64 |
| Z Zillow Group Inc. Class C | Add +80.4% | 2.41% | +0.59 |
| MSFT Microsoft Corp. | Add +8.5% | 7.60% | +0.23 |
| CART Maplebear Inc. | Add +25.9% | 2.75% | +0.07 |
| UBER Uber Technologies Inc. | Add +5.1% | 8.02% | −0.29 |
| CFLT Confluent Inc. Class A | Add +19.3% | 5.60% | −0.56 |
| META Meta Platforms Inc. Class A | Add +2.3% | 20.00% | −1.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $9.8B | NVDA, CBRS, META, TSM, CRWV |
| Q1 2026 | 12 | $5.7B | NVDA, META, UBER, TSM, MSFT |
| Q4 2025 | 17 | $6.7B | NVDA, META, MSFT, AMZN, UBER |
| Q3 2025 | 22 | $7.6B | NVDA, META, MSFT, SNOW, UBER |
| Q2 2025 | 17 | $6.9B | META, NVDA, SNOW, UBER, MSFT |
| Q1 2025 | 21 | $5.0B | META, NVDA, QQQ, SNOW, UBER |
| Q4 2024 | 23 | $5.5B | META, NVDA, SNOW, MSFT, UBER |
| Q3 2024 | 22 | $6.8B | META, UBER, SNOW, NVDA, MSFT |
| Q2 2024 | 19 | $6.7B | SNOW, META, UBER, NVDA, MSFT |
| Q1 2024 | 16 | $6.5B | SNOW, META, UBER, NVDA, MSFT |