Brad Gerstner’s portfolio: Altimeter Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001541617Latest: Q2 2026
Q2 2019 filing in brief
In its Q2 2019 13F, filed August 14, 2019, Altimeter Capital reported $3.7B across 27 US positions. The largest: UAL (28.4%), META (19.8%), DATA (15.9%), EXPE (12.4%), BKNG (7.0%). In the quarter it opened 4 positions, sold out of 3, added to 11 and trimmed 1; positions opened and sold out came to 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, 2019
- 4 New
- 11 Added
- 1 Trimmed
- 3 Exited
27 positions at June 30, 2019. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | UAL | UNITED CONTL HLDGS INC | $1.0B | 11.8M | 28.36% | +1.7% | Added |
| 2 | META | FACEBOOK INC | $724M | 3.8M | 19.84% | +5.6% | Added |
| 3 | DATA | TABLEAU SOFTWARE INC | $580M | 3.5M | 15.88% | +7.0% | Added |
| 4 | EXPE | EXPEDIA GROUP INC | $452M | 3.4M | 12.38% | +18.5% | Added |
| 5 | BKNG | BOOKING HLDGS INC | $256M | 136.4K | 7.00% | 0.0% | Held |
| 6 | PDD | PINDUODUO INC | $125M | 6.1M | 3.43% | +144.2% | Added |
| 7 | UBER | UBER TECHNOLOGIES INC | $120M | 2.6M | 3.28% | — | New |
| 8 | MSFT | MICROSOFT CORP | $67M | 500.0K | 1.83% | 0.0% | Held |
| 9 | CRM | SALESFORCE COM INC | $42M | 280.0K | 1.16% | +5.7% | Added |
| 10 | NTNX | NUTANIX INC | $33M | 1.3M | 0.91% | −38.9% | Trimmed |
| 11 | BABA | ALIBABA GROUP HLDG LTD | $30M | 177.8K | 0.83% | +30.4% | Added |
| 12 | OKTA | OKTA INC | $25M | 200.0K | 0.68% | 0.0% | Held |
| 13 | MDB | MONGODB INC | $24M | 160.0K | 0.67% | +14.3% | Added |
| 14 | — | ELASTIC NV | $22M | 300.0K | 0.61% | +200.0% | Added |
| 15 | — | TRIVAGO NV | $22M | 5.2M | 0.60% | +0.8% | Held |
| 16 | AMZN | AMAZON COM INC | $15M | 8.0K | 0.41% | 0.0% | Held |
| 17 | — | GRUBHUB INC | $13M | 166.2K | 0.35% | — | New |
| 18 | UAL | UNITED CONTL HLDGS INCcall option | $12M | 22.6K | 0.34% | +314.2% | Added |
| 19 | SAVEEUR | SPIRIT AIRLS INC | $11M | 225.0K | 0.29% | 0.0% | Held |
| 20 | YELP | YELP INC | $10M | 300.0K | 0.28% | 0.0% | Held |
| 21 | PACK | RANPAK HOLDINGS CORP | $9M | 1.0M | 0.24% | — | New |
| 22 | TSLA 1.25 03/01/21 | TESLA INC | $6M | 6.0M | 0.16% | 0.0% | Held |
| 23 | CRWD | CROWDSTRIKE HLDGS INC | $5M | 80.0K | 0.15% | — | New |
| 24 | — | NORWEGIAN CRUISE LINE HLDG L | $4M | 70.0K | 0.10% | 0.0% | Held |
| 25 | ALGT | ALLEGIANT TRAVEL CO | $3M | 20.0K | 0.08% | 0.0% | Held |
| 26 | — | MESA AIR GROUP INC | $2M | 250.0K | 0.06% | +25.0% | Added |
| 27 | SKYW | SKYWEST INC | $2M | 35.0K | 0.06% | 0.0% | Held |
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 |
|---|---|---|---|
| DBX | DROPBOX INC | $10M | 450.0K |
| EXPE | EXPEDIA GROUP INCcall option | $6M | 9.3K |
| LYFT | LYFT INC | $783K | 10.0K |
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.