Brad Gerstner’s portfolio: Altimeter Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001541617Latest: Q2 2026
Q2 2018 filing in brief
In its Q2 2018 13F, filed August 14, 2018, Altimeter Capital reported $2.1B across 28 US positions. The largest: UAL (38.3%), BKNG (16.5%), DATA (16.0%), EXPE (11.1%), P (4.7%). In the quarter it opened 6 positions, sold out of 4, added to 9 and trimmed 3; positions opened and sold out came to 2.5% 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 14, 2018
- 6 New
- 9 Added
- 3 Trimmed
- 4 Exited
28 positions at June 30, 2018. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | UAL | UNITED CONTINENTAL HOLDINGS | $815M | 11.7M | 38.31% | 0.0% | Held |
| 2 | BKNG | BOOKING HOLDINGS INC | $352M | 173.4K | 16.52% | 0.0% | Held |
| 3 | DATA | TABLEAU SOFTWARE INC | $341M | 3.5M | 16.01% | +4.0% | Added |
| 4 | EXPE | EXPEDIA GROUP INC | $236M | 2.0M | 11.10% | 0.0% | Held |
| 5 | P | PURE STORAGE INC | $100M | 4.2M | 4.71% | 0.0% | Held |
| 6 | AMZN | AMAZON.COM INC | $54M | 32.0K | 2.56% | +6.7% | Added |
| 7 | YELP | YELP INC | $39M | 984.3K | 1.81% | 0.0% | Held |
| 8 | META | FACEBOOK INC | $35M | 180.8K | 1.65% | −9.7% | Trimmed |
| 9 | MSFT | MICROSOFT CORP | $27M | 275.0K | 1.27% | +5.8% | Added |
| 10 | CRM | SALESFORCE.COM INC | $24M | 173.4K | 1.11% | +19.6% | Added |
| 11 | GOOGL | ALPHABET INC | $19M | 17.0K | 0.90% | +5.6% | Added |
| 12 | MDB | MONGODB INC | $12M | 249.5K | 0.58% | +149.5% | Added |
| 13 | OKTA | OKTA INC | $10M | 200.0K | 0.47% | 0.0% | Held |
| 14 | BABA | ALIBABA GROUP HOLDING LTD | $9M | 47.9K | 0.42% | −46.4% | Trimmed |
| 15 | SAVEEUR | SPIRIT AIRLINES INC | $8M | 225.0K | 0.38% | 0.0% | Held |
| 16 | — | PAGSEGURO DIGITAL LTD | $7M | 262.0K | 0.34% | — | New |
| 17 | W | WAYFAIR INC | $7M | 60.0K | 0.33% | +182.9% | Added |
| 18 | — | TESLA INC | $7M | 6.0M | 0.32% | +20.0% | Added |
| 19 | DBX | DROPBOX INC | $6M | 200.0K | 0.30% | 0.0% | Held |
| 20 | WDAY | WORKDAY INC-CLASS A | $6M | 50.0K | 0.28% | — | New |
| 21 | — | TRIVAGO NV | $5M | 1.1M | 0.24% | 0.0% | Held |
| 22 | TSLA | TESLA INCput option | $3M | 500 | 0.12% | −9.1% | Trimmed |
| 23 | — | NORWEGIAN CRUISE LINE HOLDINGS | $1M | 30.0K | 0.07% | +50.0% | Added |
| 24 | DAL | DELTA AIR LINES INC | $991K | 20.0K | 0.05% | 0.0% | Held |
| 25 | — | COPA HOLDINGS SA | $946K | 10.0K | 0.04% | — | New |
| 26 | IACIEUR | IAC INTERACTIVECORP | $625K | 4.1K | 0.03% | — | New |
| 27 | ZG | ZILLOW GROUP INCput option | $580K | 2.0K | 0.03% | — | New |
| 28 | — | PAGSEGURO DIGITAL LTDcall option | $387K | 1.0K | 0.02% | — | New |
4 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 |
|---|---|---|---|
| MULEUSD | MULESOFT INC | $18M | 400.0K |
| TWLO | TWILIO INC | $13M | 350.0K |
| BIDU | BAIDU INC | $4M | 18.0K |
| IQ | IQIYI INC | $778K | 50.0K |
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.