Altimeter Capital Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Brad Gerstner's Altimeter Capital Management reported 17 stock positions worth $6.7 billion. Its top holding was Nvidia (NVDA) at 22.7% of the portfolio, followed by Meta Platforms Class A (META, 18.3%) and Microsoft (MSFT, 9.3%). Compared with Q3 2025, it opened 3 new positions, sold out of 8, added to 7 and reduced 5. The biggest buy was Nvidia (NVDA, shares +6%) and the biggest sale Broadcom (AVGO, shares −96%).
- Most Recent 13F
- Q2 2026
- Notable People
- Brad Gerstner
- Location
- MENLO PARK, CA
- CIK
- 0001541617
- Portfolio Value
- $6.7B (Q4 2025)
- SEC Filing
- 0001541617-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 17 stocks · $6.7B
| NVDA Nvidia Corp. | 22.68% | 8,099,773 | $1.5B | Add +6.0% |
| META Meta Platforms Inc. Class A | 18.29% | 1,845,368 | $1.2B | Reduce -1.1% |
| MSFT Microsoft Corp. | 9.27% | 1,277,352 | $617.8M | Add +9.9% |
| AMZN Amazon.com Inc. | 7.68% | 2,215,660 | $511.4M | Add +2.2% |
| UBER Uber Technologies Inc. | 6.86% | 5,588,792 | $456.7M | No change |
| SNOW Snowflake Inc. | 6.68% | 2,027,604 | $444.8M | Reduce -16.5% |
| TSM Taiwan Semiconductor-SP ADR | 5.56% | 1,219,227 | $370.5M | Add +14.1% |
| CPNG Coupang Inc. | 5.55% | 15,676,794 | $369.8M | Add +56.4% |
| CRWV Coreweave Inc. Class A | 3.45% | 3,213,230 | $230.1M | New |
| CFLT Confluent Inc. Class A | 3.15% | 6,933,250 | $209.7M | Reduce -38.5% |
| GOOGL Alphabet Inc. Class A | 2.44% | 519,290 | $162.5M | Add +65.8% |
| Z Zillow Group Inc. Class C | 2.24% | 2,187,421 | $149.2M | No change |
| HOOD Robinhood Markets Inc. Class A | 2.20% | 1,293,292 | $146.3M | Reduce -50.2% |
| MELI MercadoLibre Inc. | 2.07% | 68,480 | $137.9M | Add +81.0% |
| SHOP Shopify Inc. Class A | 1.38% | 570,210 | $91.8M | New |
| BE Bloom Energy Corp. Class A | 0.34% | 260,730 | $22.7M | New |
| AVGO Broadcom Inc. | 0.17% | 32,129 | $11.1M | Reduce -95.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AGCWW Altimeter Growth Corp. -CW25 | *W EXP 09/30/202 | 3,502,000 | $1.0M | No change |
Total filed on the 13F, all lines: $6.7B.
Portfolio Sells Q3 2025 → Q4 2025
| AVGO Broadcom Inc. | Reduce -95.7% | 0.17% | −3.07 |
| HOOD Robinhood Markets Inc. Class A | Reduce -50.2% | 2.20% | −2.71 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −2.39 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −2.29 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −2.05 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −1.68 |
| CART Maplebear Inc. | Sold out | 0.00% | −1.61 |
| SNOW Snowflake Inc. | Reduce -16.5% | 6.68% | −0.55 |
| GEMI Gemini Space Station Inc. Class A | Sold out | 0.00% | −0.51 |
| PTRN Pattern Group Inc. Class A | Sold out | 0.00% | −0.13 |
| NTSK Netskope Inc. Class A | Sold out | 0.00% | −0.10 |
| CFLT Confluent Inc. Class A | Reduce -38.5% | 3.15% | +0.20 |
| META Meta Platforms Inc. Class A | Reduce -1.1% | 18.29% | +0.21 |
Portfolio Buys Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Add +6.0% | 22.68% | +3.86 |
| CRWV Coreweave Inc. Class A | New | 3.45% | +3.45 |
| TSM Taiwan Semiconductor-SP ADR | Add +14.1% | 5.56% | +1.62 |
| GOOGL Alphabet Inc. Class A | Add +65.8% | 2.44% | +1.44 |
| AMZN Amazon.com Inc. | Add +2.2% | 7.68% | +1.40 |
| SHOP Shopify Inc. Class A | New | 1.38% | +1.38 |
| MSFT Microsoft Corp. | Add +9.9% | 9.27% | +1.33 |
| CPNG Coupang Inc. | Add +56.4% | 5.55% | +1.29 |
| MELI MercadoLibre Inc. | Add +81.0% | 2.07% | +0.90 |
| BE Bloom Energy Corp. Class A | New | 0.34% | +0.34 |
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 |