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ALTIMETER CAPITAL MANAGEMENT, LP Top 13F Holdings - WhaleWisdom.com Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Also, due to some housekeeping, the Toast 2.0 piece will be dropping on Monday.
ALTIMETER CAPITAL MANAGEMENT, LP SC 13G/A Filing Concerning SNOW on The hedge fund managers portfolio has given annualized average returns of 58.4% in the past three years, and Kim currently manages assets worth $569.8 million. Snowflake (SNOW) makes up more than half of Gerstners portfolio at 52%, followed by Meta Platforms (FB) and Uber Technologies (UBER) at 10.4% and 8.9%, respectively. In managing the Hedge Fund, Altimeters objective is to maximize compounded annual long-term net returns for the Hedge Fund investors. Altimeter. [13][14] A few weeks later, Meta laid off over 11,000 employees.[15]. Investment Advisor In addition, the fund holds 1,763,135 shares of Microsoft worth $453 million, whose value fell 2.8% in the past six months. These licenses may or may not be disclosed by the Content Creator in the Blog. S&P 500WhaleScore "As a hedge fund we expect to lose less than the indexes on the way down - this year we have lost more Markets moved fast- we moved too slow.". At 09/30/2022: $4,676,285. Thanks for the read! Neither Altimeter, nor any of its affiliates or personnel, offers investment advisory services via the internet. Finance Department. This means they effectively own approximately 0.1% of the company. Sorry, no results has been found matching your query. Altimeter Capital Chair and CEO Brad Gerstner said in an open letter to the company and CEO Mark Zuckerberg on Monday that Meta has too many employees and is moving too slowly to retain the confidence of investors. Altimeter Capital Management LP now owns 961,206 shares of the company's stock worth $52,338,000 after . What jumps out to you the most about Altimeters journey? Ault Global disclosed a 9.96% position in NTN Buzztime. [8][9] It was terminated early in December 2022 due to its inability to secure a suitable merger deal. The fund focuses on investments in the United States as Question:How did the investment playout? In a $400M fund we might have 10 investments.. [2]: Ideal for intelligent investors with $50,000+ portfolios. Brad used the momentum and success from his big bet to grow Altimeter's AUM to over $1B by 2013. Answer:Gerstner spent a lot of time discussing the concept ofEssentialismwhich represents in many ways his philosophy on life & business. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
Altimeter | LinkedIn FILE - In this May 24, 2017, file photo, applicants fill in forms to join Grab Vietnam at the company's office in Hanoi, Vietnam. 706 Following. Currently, Altimeter Capital Management, L.P.'s portfolio is worth at least $4.33 billion. or to simply have an email sent to you whenever we receive a new
Altimeter Capital Company Profile | Management and Employees List As of 12/31/2022, below is a summary of the Altimeter Capital Management . The two most similar investment funds to Altimeter Capital Management, L.P. are Deprince Race & Zollo Inc and New Mountain Vantage Advisers, L.L.C. Media. Altimeter Capital Management, L.P.s portfolio is diversified across 4 sectors. Citadel's multistrategy flagship fund Wellington rallied 7.5% last month, bringing its year-to-date performance to 12.7%. [10] The public equity fund is noted for its strong performance, averaging annual returns of 29.52% since 2011. Altimeter Capital Management LLC. It is the second SPAC from Menlo Park-based Altimeter Capital, following one that raised $450 million in October. Altimeter is a technology-focused investment firm based out of Menlo Park, California, and Boston, Massachusetts. 3.
Altimeter Capital - Investments, Portfolio & Company Exits - Crunchbase Question:If you think you will be on a word crunch, why are you using words to explain how you are feeling instead of just jumping right in? On the other hand, there are companies that Altimeter Capital Management, L.P. is getting rid of from its portfolio.
Altimeter Capital Management's 21 Stock Portfolio: Top 10 Holdings Analyzed You are limited to the prior 8 quarters of 13F filings. "When we turn our companies around, there's often an important improvement in the margins and profitability of the companies. They are actively managed pools of investment funds that use various investment strategies to beat the average investment returns. Answer:Easily the origins of the fund. Tan Hooi Ling is a co-founder of Grab and the current COO. Description. [6][7], In January 2021, a second SPAC, Altimeter Growth Corporation 2 was listed on New York Stock Exchange (Ticker: AGCB) raising $450 million.
Designed for 5 yrs, ISRO-launched satellite completes decade and The firm seeks to invest in companies operating in the technology sector and manages long/short public equity funds and private growth equity funds. This website is provided as is without any representations or warranties, express or implied. 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). Fast forward seven years, and Gerstner has pretty much achieved his goal. Buying high. regarding PitchBook Data's products. Answer:Overwhelmed, but not why you might think. With other successes in the private markets like Hubspot, Confluent, Twilio, Expedia, Uber, as well as 13F returns that grew30%annually from 2011-2020, Altimeter & Brad Gerstner and their now ~$15B AUMhave become household names in the crossover arena. Altimeter said annual free cash flow can be doubled to $40 billion if it cut headcount by at least 20%, trimmed capital expenditure by at least $5 billion to $25 billion a year and capped annual . This concentration and idea of Essentialism leads to expertise on specific industries, companies, and big bets. Mara Davis also disclosed a decreased stake in Snowflake by approximately 0.1%. TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. The Sure Dividend, Sure Retirement, & Sure Passive Income Newsletters. Each investment position stands on its own based on Altimeters assessment of whether a significant discrepancy exists between a companys current market value and intrinsic business value. Gaurav Kapadia is off to an impressive start. If you require advice in relation to any financial matter you should consult an appropriate professional.
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. Answer:So Altimeter Capital is incredibly bullish onMeta (Facebook) even though the company is an early investor inBytedance(5 years ago), the parent company ofTikTok. All rights reserved. Alt Turnover is calculated by taking either the total MV of new purchases or Disclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates. The public equity fund is noted for its strong performance, averaging annual returns of 29.52% since 2011.
Altimeter Capital Management LP | AUM 13F He founded a technology-focused investment firm called Altimeter Capital in 2008.
ExodusPoint Capital Management LP Sells 38,873 Shares of Toast, Inc Gerstner has maintained exceptional performance despite Altimeters 13F assets growing from $427M to $4.7 billion over the last eight years. Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday, April 13, 2021 that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion in preparation for an initial public offering in the U.S . [3], In 2013, Altimeter Capital closed its first venture capital fund at $75 million. Cedar Rock is based out of London, United Kingdom. Essentialism is a concept byGreg Mckeownthat emphasizes the idea of not stretching yourself too thin, and rather focusing on doing less and enriching what you choose to spend your time on. Altimeter Capital is the famous VC, which was founded in 2008. The portfolio is sharply skewed towards the technology sector, with an investment of 91.6% in this sector. Return to search. [11] United Continental Holdings eventually gave in and changed its board of directors. The average market cap of the portfolio companies is close to $270 billion. Right? To the extent any of the information contained in the Blog may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. At Altimer Capital, we support businesses that leverage the power of data to drive growth.. Digital technologies continue to redefine industries and transform business models.Data-enabled companies have historically grown 75% faster on average than their peers and have been twice as likely to achieve their customer-experience goals.
Brad Gerstner's Altimeter Capital has an $8B profit on Snowflake. A new "If you owned growth stocks this year - like we did at Altimeter - you got your face ripped off," Altimeter Capital's CEO Gerstner said in a Twitter post Thursday. On the flip side, technology-heavy hedge funds were among the biggest losers last month with a near 5% loss overall, HFR data said.