Brad Gerstner’s portfolio: Altimeter Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001541617Latest: Q2 2026
Q2 2016 filing in brief
In its Q2 2016 13F, filed August 15, 2016, Altimeter Capital reported $1.3B across 14 US positions. The largest: EXPE (35.6%), UAL (35.2%), DATA (5.3%), CTRPUSD (4.0%), ALK (3.9%). In the quarter it opened 2 positions, sold out of 3, added to 3 and trimmed 0; positions opened and sold out came to 2.1% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed Aug 15, 2016
- 2 New
- 3 Added
- 0 Trimmed
- 3 Exited
14 positions at June 30, 2016. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | EXPE | EXPEDIA INC DEL | $478M | 4.5M | 35.60% | +18.9% | Added |
| 2 | UAL | UNITED CONTL HLDGS INC | $472M | 11.5M | 35.17% | 0.0% | Held |
| 3 | DATA | TABLEAU SOFTWARE INC | $71M | 1.5M | 5.29% | 0.0% | Held |
| 4 | CTRPUSD | CTRIP COM INTL LTD | $53M | 1.3M | 3.95% | 0.0% | Held |
| 5 | ALK | ALASKA AIR GROUP INC | $53M | 902.5K | 3.92% | 0.0% | Held |
| 6 | — | PRICELINE GRP INC | $51M | 41.0K | 3.82% | +3.3% | Added |
| 7 | P | PURE STORAGE INC | $42M | 3.9M | 3.12% | +40.0% | Added |
| 8 | Z | ZILLOW GROUP INC | $40M | 1.1M | 2.96% | 0.0% | Held |
| 9 | ZG | ZILLOW GROUP INC | $29M | 801.8K | 2.19% | 0.0% | Held |
| 10 | DAL | DELTA AIR LINES INC DEL | $28M | 763.5K | 2.07% | 0.0% | Held |
| 11 | AAL | AMERICAN AIRLS GROUP INC | $24M | 850.0K | 1.79% | 0.0% | Held |
| 12 | EXPE | EXPEDIA INCcall option | $895K | 1.0K | 0.07% | — | New |
| 13 | ALGT | ALLEGIANT TRAVEL CO | $780K | 5.2K | 0.06% | 0.0% | Held |
| 14 | UAL | UNITED CONTL HLDGS INCcall option | $23K | 1.0K | 0.00% | — | New |
3 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
| Ticker | Issuer | Previous value | Previous shares |
|---|---|---|---|
| AMZN | AMAZON COM INC | $12M | 20.0K |
| HUBS | HUBSPOT INC | $10M | 225.0K |
| — | ELONG INC | $8M | 443.1K |
Every quarter on file (53)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.