altimeter capital returns

The number of deals was slightly lower than the 52 announcements reported in the same period last year, but it remained well above the second-quarter volume seen in 2020, 2019 and 2018, according to 451 Research. The Altimeter Capital management team includes Brad Gerstner (Founder & CEO), John Kiernan (Chief Financial Officer and Chief Compliance Officer), and Hab Siam (General Counsel and Chief Compliance Officer) . Altimeter.com is Altimeters only website. Their last reported 13F filing for Q4 2022 included $3,652,571,000 in managed 13F securities Normally $755/year for everything included. Quickly find out what the most recently closed or increased positions are. Gerstner has proven himself to be a world-class stock picker. Altimeter is a technology-focused investment firm managing a public equity fund and growth-stage private equity funds. We did not call it Crossover at the time, but it reminded me of the throwback partnerships that Buffett & Munger had. [13][14] A few weeks later, Meta laid off over 11,000 employees.[15]. Their last reported 13F filing for Q4 2022 included $3,652,571,000 in managed 13F securities and a top 10 holdings concentration of 99.95%. On this Wikipedia the language links are at the top of the page across from the article title. About us. Investors believe they can predict the future. containing a link to download the .zip file of the CSV file(s) you requested. us for more details. The hedge fund managers portfolio has given an annualized return of 45.6% over a period of three years. I was intrigued by this idea of public market investors also doing private market investing. Altimeter is a technology-focused investment firm based out of Menlo Park, California, and Boston, Massachusetts. The Nasdaq Composite slid more than 13% in April, dropping almost 30% from its all-time high. , whose value fell 2.8% in the past six months, Confluent Inc worth $336 million, with 14,456,310 shares owned. Brown manages $4.2 billion worth of assets, that is, more assets than 92% of other hedge fund managers. Altimeter Capital Chairman and CEO Brad Gerstner said his hedge fund sold stakes in United Airlines and Expedia, adding that easy gains from the rebound in travel stocks have been realized. When Snowflake went public last year, Altimeter Capital saw the kind of return that is the stuff of venture capital dreams. Create Email Alert, ***Log In or To calculate this, The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. We focus only on the top 10 holdings. Citadel's multistrategy flagship fund Wellington rallied 7.5% last month, bringing its year-to-date performance to 12.7%. Headquarters Location. Altimeter's four biggest holdings Snowflake, Meta, Microsoft and Uber are all down from 20% to as much as 60% year to date. 3-Year Annualized Return 3-Year Cumulative Return Rank Compared to other Funds; Top 20 Holdings Weighted Performance vs S&P500. Akre Capital Management was founded in 1989 and is an asset management firm. . This means they effectively own approximately 0.1% of the company. ALTIMETER CAPITAL MANAGEMENT, LP Total Shares: 25,784,379 Subject Company: Snowflake, Inc. - View Complete Ownership History Backtest Filed as of Date: 06/21/2021: Event Date: 06/10/2021: Overall % Ownership: 8.72: Theoretical performance if you bought this security on the day the filing was released. Catherine Woods fund seeks out Disruptive Innovation.. regarding PitchBook Data's products. David Einhorn's: Greenlight Capital. Everything in Dividend Ideas. Its Engaged fund is up 4% in April, advancing over 15% in 2022, according to a person familiar with the returns. He also served as a co-CEO of a travel company called National Leisure Group. Altimeter is known for its long-term focus, concentrated investment approach, and exceptional returns across both its public hedge fund and private growth equity funds. According to Dalbar, Inc., a company that studies investor behavior and analyzes investor market returns, consistently shows that the average investor earns below-average returns. At 09/30/2022: $4,676,285. Relative to the number of outstanding shares of Snowflake, Altimeter Capital Management, L.P. owns less than approximately 0.1% of the company. Altimeter Capital Management LP. [1]: Disclosure: At the time of publication, Shrilekha Pethe did not have a position in any of the securities mentioned in this article. S&P 500WhaleScore Trian Fund Management was founded in 2005 and is a highly engaged shareowner that combines concentrated public equity ownership with operational expertise, according to the company's website. ISRO (Indian Space Research Organisation) has provided the small satellite bus platform to which French national space agency CNES payload composed of ARGOS-3 and Altika instruments (altimeter, radiometer, DORIS, LRA) are integrated. Meta Platforms Inc and bought 108,776 additional shares worth around $21 million. Get Contact Info for All Departments. While the firms mostly won't be able to sell their shares until lockup periods expire . Altimeter Capital Management LP holdings changes, total fund size, and other information presented on HoldingsChannel.com was derived from Altimeter Capital Management LP 13F filings. You are limited to the prior 8 quarters of 13F filings. Even excluding its large metaverse investment, Meta has gone from $15B in annual capex in 2018, 2019, and 2020 . I think launching the fund wasnt actually crazy, but ratherbrilliant. Founder - Altimeter Capital. When was the most recent most recent 13F form submitted by Altimeter Capital Management, LLC? Back in 2013, Bloomberg ran a profile of Brad Gerstners Altimeter Capital that described the up-and-coming hedge fund manager as an adventurer an amateur pilot and heli-skier who hangs out with big-time CEOs at Burning Man. Deals with Altimeter Capital participation, Morningstar Institutional Equity Research. Instead of doing a classic profile on the fund, I thought I would do something we will call Alans Angle, inspired by the greatTerry Plutos, Terrys Talkin a style where he writes as if he is interviewing himself! The S&P 500 is edging closer to bear market territory, down 18% from its record high, as the Federal Reserve's aggressive tightening spurred recession worries. Meta investor Altimeter Capital called on the company to cut its staff and to limit its investments on expanding into the virtual reality metaverse world in an open letter published Monday. Today I am going to be breaking down one of the most interesting crossover funds in the game,Altimeter Capital. Buying high. Alt Turnover is calculated by taking either the total MV of new purchases or Shrilekha Pethe for TipRanks uses data from Form 13-F to determine the hedge fund signals that is, hedge fund performance. . Right? Care to explain? Altimeter Capital has had 22 exits. "On . In contrast, the S&P 500 stock index has gained 290.9%. Hedge Fund and Insider Trading News: Altimeter Capital, Third Point LLC, Bridgewater Associates, Schonfeld Strategic Advisors, Brevan Howard Asset Management, Nordic Cross Asset Management, Lockheed Martin Corporation (LMT), DICE Therapeutics, Inc. (DICE), and More, Hedge Fund and Insider Trading News: Brad Gerstner, Dmitry Balyasny, Steve Cohen, Regal Funds Management, Fullerton Fund Management, FC Capital, Herbalife Nutrition Ltd (HLF), and More, Brad Gerstner is Talking About These 10 Stocks, Top Tech Stocks to Buy Today According to Brad Gerstner's Altimeter Capital Management, Hedge Fund and Insider Trading News: Citadel LLC, Argonaut Capital, Odey Asset Management, Altimeter Capital, Tiger Global Management, RingCentral Inc (RNG), Liveramp Holdings Inc (RAMP), and More, United Continental Holdings Inc (UAL), Centurylink Inc (CTL), More: 8 Huge Ideas We Saw At The Sohn Conference, Tableau Software Inc (DATA): Hedge Funder Brad Gerstner Is Betting Big, 140 Biggest and Most Famous Activist Hedge Funds. Brad used the momentum and success from his big bet to grow Altimeters AUM to over $1B by 2013. These positions were updated on August 15th based on the funds latest 13F filing. WhaleWisdom gives Altimeter Capital a WhaleScore of 99 meaning Gerstners fund ranks near the pinnacle of 13F performance among all hedge funds long portfolio performance. Thank you and soon you will hear from one of our Attorneys. Overreacting during times of uncertainty. [3] It was launched with less than $3 million from Gerstner's friends and family during the financial crisis of 2008. Type a symbol or company name. we calculate the cost basis of added positions in each quarter and use that to calculate the total profit and Altimeter Capital Management, L.P. is an investment fund managing more than $4.33 billion ran by Mara Davis. They did not look at something as public or private investment. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Altimeter Growth Corp., a blank check company formed by Altimeter Capital targeting the tech sector, raised $450 million by offering 45 million units at $10. They are actively managed pools of investment funds that use various investment strategies to beat the average investment returns. While the merger is supposed to generate 1.5 billion Euros along with investments and cost synergies for Eutelsat, many worry about the short-term cash burn and the contrasting relationships with Russia between the two companies. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions. or to simply have an email sent to you whenever we receive a new Track the AUM, funds, and holdings for Altimeter Capital Management LP over time. These symbols will be available throughout the site during your session. The music was electric and fans were dancing on the big screen. News of the merger has not been met with much enthusiasm in the public markets, as Eutelsat stock has actually gone down 18% since announcing deal talks. Per Altimeter's website: Altimeter Capital is a global investment . You must have a subscription to view WhaleScore histories. ALTIMETER GROWTH CO-INVEST FUND III, L.P. ALTIMETER SPECIAL SITUATIONS PORTFOLIO (2020-I), CHIEF COMPLIANCE OFFICER , GENERAL COUNSEL. Altimeter Capital Management is a hedge fund with 17 clients and discretionary assets under management (AUM) of $17,950,309,162 (Form ADV from 2022-05-27). Tan Hooi Ling is a co-founder of Grab and the current COO. Our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and . Download 13F Summary Altimeter Capital is the famous VC, which was founded in 2008. Altimeter is a leading technology-focused investment firm built by founders for founders. 10.8% 82.9K Followers. [2]: Map , Boston Join the more than 1.5 million industry professionals who get our daily newsletter! The Sohn Investment Conference, one of the biggest hedge fund gatherings of the year, took place yesterday in New York, with Bill Ackman, David Einhorn, Keith Meister, and Larry Robbins among the hedge Brad Gerstner's Altimeter Capital disclosed a 5.1% stake inTableau Software Inc (NYSE:DATA). Boston, Massachusetts, 02110, I am not kidding. Altimeter manages a variety of venture and The letter was addressed to CEO Mark Zuckerberg, suggesting three definite steps to streamline Meta's operations and regain investor confidence. Silicon Valley Compare against similar firms. . Revenue. [10] The public equity fund is noted for its strong performance, averaging annual returns of 29.52% since 2011. Mara Davis also disclosed a decreased stake in Snowflake by approximately 0.1%. Altimeter Capital is in talks with ride . The total portfolio value may be much higher due to cash Hedge Funds fall under the category of alternative investments. Quarter Holdings Value ($000) Form Type Date Filed Filing ID Name; Q4 2022: 11: 3,652,571: 13F-HR: 2/14/2023: 000154161723000003: Altimeter Capital Management, LP Peltzs portfolio is skewed towards the Consumer Goods sector, with a 43.2% investment in this sector. Boston, MA 02110 Brad Gerstner founded the Boston-based fund in 2008, having previously worked at PAR Capital. Form 4 The key to profiting from insider filings, Item 4 in 13D filings is the key to profiting from activists. 71.4% of the portfolio companies Subscribe to The Crossover today! Link to 13F filings: SEC filings. Altimeter Capital is an American investment firm based in Boston, Massachusetts and Menlo Park, California. That would make it the largest SPAC merger ever, more than [] One International Place Suite 2400. Question:There are rumors swirling that you might have had to double check that Brads interviews were investment focused and not philosophy focused. [3], In 2013, Altimeter Capital closed its first venture capital fund at $75 million.