Here are the 10 most popular hedge fund managers in WhaleWisdom. Altimeter Capital Management, L.P. 13F annual report Altimeter SPACs surge on reported $40 billion deal for Singapore ride-hailing company Grab. AGC is a SPAC which is a blank-check company. Hedge Fund Altimeter Capital - Free Partner Email & Investor Profile Bay Area's first IPO of 2021 raises $400M for an Altimeter Capital SPAC. A look at the hedge funds managers portfolio activity indicates that Microsoft (MSFT) makes up 9.3% of the portfolio, followed by Amazon (AMZN) and Aon (AON) at 8.8% and 8.5%, respectively. A Look at the Best Performing Hedge Fund Managers In 2021 Phone Number (617) 310-6180. Then theres Snowflake (SNOW). Chuck Akre is the managing member, CEO, and CIO of Akre Capital Management and ranked #4 on this list. $4.33 billion and $4.33 billion respectively. On this Wikipedia the language links are at the top of the page across from the article title. Type a symbol or company name. Founder - Altimeter Capital. To screen for upcoming or past SPAC . Ault Global disclosed a 9.96% position in NTN Buzztime. 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. Menlo Park, CA 94025 The Blog is provided for informational and entertainment purposes only (collectively, the Blog Service). After Snowflake windfall, Altimeter Capital captures dealmaking spotlight Altimeter Capital. 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). HONG KONG (AP) Southeast Asia's largest ride-hailing company, Grab Holdings, said Tuesday that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion and allow it to trade on the Nasdaq Stock Market. Equal-WTWhaleScore 2.0 The firm focuses on technology investments in both public and private markets globally. Altimeter Capital Management's largest holding is Snowflake, Inc. with shares held of 15,369,459. The firm's private equity arm makes all-stage venture capital investments, primarily in the technology sector. San Francisco, CA 94105 Alt Turnover is calculated by taking either the total MV of new purchases or Altimeter Capital Management's Holdings Altimeter has achieved spectacular annualized returns over the past few years, significantly outperforming the S&P 500. "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.". Brad Gerstner - Wife, Bio, Portfolio & Altimeter - Biography Altimeter Capital Management LP now owns 18,041,796 shares of the company's stock valued at $3,933,007,000 after purchasing an additional 17,541,796 shares during the last quarter. These symbols will be available throughout the site during your session. 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. Type a symbol or company name. Annualized Growth Rate (CAGR). Tweets. Altimeter Capital is a venture fund started in 2008 located in Boston, Menlo Park. From time to time, the Content Creator or its affiliates may hold positions or other interests in securities mentioned in the Blog. Macro funds were a standout winner in April with a 5% surge, extending its 2020 rally to 15.5% thanks to strong performance in commodity, fundamental discretionary and trend-following strategies, according to data from HFR. The article said Gerstner wanted to build a Venture Capital Empire. The activist hedge fund industry oversees approximately $120 billion in assets under management, which enables activists to acquire stakes even in the largest U.S. public companies. Relative to the number of outstanding shares of Snowflake, Altimeter Capital Management, L.P. owns less than approximately 0.1% of the company. for Q4 2022: commodity pool operator or commodity trading advisor, Percentage of assets under management,Performance-based fees, CHIEF COMPLIANCE OFFICER/DIRECTOR OF FINANCE, CHIEF COMPLIANCE OFFICER/CHIEF FINANCIAL OFFICER, ALTIMETER CAPITAL MANAGEMENT GENERAL PARTNER LLC, MANAGING MEMBER ALTIMETER CAPITAL MANAGEMENT GENERAL PARTNER, LLC. [10], For private markets, Altimeter Capital manages private growth equity funds that invest in both early and later stage technology companies. Form 13-F is submitted to the Securities Exchange Commission (SEC) by hedge funds that manage more than $100 million in assets. Brad used the momentum and success from his big bet to grow Altimeter's AUM to over $1B by 2013. Even excluding its large metaverse investment, Meta has gone from $15B in annual capex in 2018, 2019, and 2020 . Back in 2013, Bloomberg ran a profile of Brad Gerstner's 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. While the firms mostly won't be able to sell their shares until lockup periods expire . Best large hedge funds to clone?WhaleRock, SCGE and Dragoneer lead the pack. Altimer Capital Custom tailored debt financing solutions [3] It was launched with less than $3 million from Gerstner's friends and family during the financial crisis of 2008. While investors party like its 1999, Insiders are selling stock like theres no tomorrow. On Thursday, Altimeter Capital founder Brad Gerstner admitted he got the stock market . Link to 13F filings: SEC filings. After all, activist hedge funds get most of their earnings from investing in companies and pushing them to provide more shareholder value. 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! 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). Overreacting during times of uncertainty. returns for each quarter. The information in the Blog constitutes the Content Creators own opinions. The fund focuses on investments in the United States as We focus only on the top 10 holdings. Welcome to Sure Dividend - Sure Dividend It was simply a good investment or bad investment with certain liquidity characteristics associated with it.. 91. "On . # . Professionally, this means focusing on fewer companies, industries, and management teams and rather making concentrated investments on just a handful of companies. Heatmaps of the top 13f holdings and a list of the largest trades made by Altimeter Capital Management, the hedge fund managed by Brad Gerstner. Toast, Inc. (NYSE:TOST) Shares Sold by ExodusPoint Capital Management Altimeter Capital's Brad Gerstner Issues Open Letter to Meta (META) and The inks barely dry on Regal Funds Managements agreement to acquire VGI Partners, and already the countrys busiest hedge fund manager appears to be thinking about other opportunities. Easily, the highlight of the game for everyone was oddly the rain delay. Boston, Massachusetts, 02110, A new blank check company IPO targeting the tech sector, Ark Investments 13F portfolio returned 39.74% annually for the last three years. Finance Department. The portfolio has a majority of its holdings, that is, 58.6%, in the Consumer Goods sector, with 24.7% of the portfolio invested in Procter & Gamble (PG) and 18.2% invested in Phillip Morris (PM). Altimeter Capital is a technology-focused investment firm based in Menlo Park, CA and Boston, MA. Catherine Woods fund seeks out Disruptive Innovation.. Altimeter Growth Corp. 2, the second blank check company formed by Altimeter Capital targeting the tech sector, raised $400 million by offering 40 million shares at $10. containing a link to download the .zip file of the CSV file(s) you requested. 706 Following. us for more details. Login : Altimeter It sold the previously owned 1,155,613 shares for $138 million. Akre Capital Management was founded in 1989 and is an asset management firm. Subscribe to The Crossover today! Meta shareholder wants Facebook parent to cut jobs, spending United Stockholders Altimeter Capital and PAR Capital Express Brad Gerstner's Tweets. That would make it the largest SPAC merger ever, more than [] 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. Fintel . The principal office where Altimeter Capital Management, LP performs its advisory services is located at One International Place, Boston, MA 02110, which is also the mailing address of the firm. [5], A month after the launch of Altimeter Capital, an office was opened in Menlo Park, California. You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails. 45 cybersecurity deal announcements totaling $12.94 billion in transaction value took place in the second quarter of 2022. Altimeter Capital Management's Performance. Altimeter SPAC Has Reported $40 Billion Deal for Ride-Hail Company Grab Everyone thought he was crazy.. Manager Monday: Altimeter Capital Management - Novus Personally, this means less time traveling and going to dinners but more time in nature and with his family. Seeking profits from 13D & 13G filings? In the most recent 13F filing, Altimeter Capital Management, L.P. revealed that it had increased its stake in Answer:Yes way and quite a few of them. Brad invested in Priceline @ about$45 a shareand 5 years later, the stock was over$1000, representing a24x returnon the invested capital in just a few years. Altimeter Capital Management, LP investor performance is calculated on a quarterly basis. Altimeter Capital's second 'blank check' IPO raises $400 million To calculate this, we calculate the cost basis of added positions in each quarter and use that to calculate the total profit and returns for each quarter. In 2008, Brad Gerstner founded Altimeter Capital in Boston, Massachusetts. Still, many players managed to dodge the brutal sell-off and overcome the extreme volatility on Wall Street. All rights reserved. The Content Creator or affiliates may trade for their own account(s) based on the information presented, and may also take positions inconsistent with the views expressed in its messages on the Blog. In this article, we discuss the 10 stocks that Brad Gerstner is talking about. In contrast, the S&P 500 stock index has gained 290.9%. Currently, their heaviest sector is Technology making up 85.1% of 2. 10.8% the MV of securities sold, whichever is less, 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. Question:Was there one take that you felt that Brad made that was particularly interesting? institution's (Altimeter Capital Management, LP) Internal Rate of Return (IRR). Investment Advisor Our team will review your remarks prior to publishing. This leaves the value of the investment at $2.36 billion and 17,001,796 shares. Altimeter manages a variety of venture and Since 2011, holding an equal-weight portfolio of the funds top 20 13F positions, and rebalancing quarterly, would have generated average annual returns of 29.52%. However, it is a big problem for baseball when the game being delayed is actually a good thing for the fan experience! A well-known technology hedge fund manager is licking his wounds and preparing for difficult times ahead. and a top 10 holdings concentration of 99.95%. As of 8th August 2022, Altimeter Capital Management, L.P.s top holding is 17,001,796 shares of Snowflake currently worth over $2.36 billion and making up 54.7% of the portfolio value. https://www.linkedin.com/company/altimeter-capital Hedge fund XN was one of 2020s largest new funds. Question:How did the investment playout? Per Altimeter's website: Altimeter Capital is a global investment . 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: From $3M to $1B in 5 years, Investing with Altimeter Capitals Brad Gerstner, Brad Gerstner Public & Private Investing, Eutelsat, OneWeb Agree $3.4 Billion Deal to Rival SpaceX, See you in your inbox every Monday and Thursday. Meta Platforms Inc and bought 108,776 additional shares worth around $21 million. Tweets & replies. Home : Altimeter Reasons they site: 1. 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. The firm seeks to invest in companies operating in the technology sector and manages long/short public equity funds and private growth equity funds. 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. Everyone always talks about the new FinTech companies on the scene, but. You can reach the main office by . Ray Dalio's: Bridgewater Associates. the total portfolio value. Altimeter Capital has had 22 exits. How do I update this listing? But while Gerstner has built a VC juggernaut, Altimeter Capitals public investments have been none-to-shabby. or to simply have an email sent to you whenever we receive a new Our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and . Whalewisdom has at least 48 13F filings, 3 13D filings, 36 13G filings, and 12 Form 4 filings. Do Not Sell My Personal Information (CA Residents Only). Brad specifically shared that At any given moment in time in the public markets, we might have 75% of our portfolio in our top 4 or 5 ideas. 71.4% of the portfolio companies With SNOW currently trading at $242, that stake is now worth $8.8 billion. Hedge fund winners and losers emerge in brutal tech-driven sell-off - CNBC All rights reserved. Brad Gerstner's Altimeter Capital Management has between $300 million and $400 million in assets under management, and invests almost exclusively in the services sector. altimeter capital returns; altimeter capital returns. The first one on this list is John Kim, hedge fund manager for Night Owl Capital Management and ranked #1 out of 198 hedge funds on TipRanks. What in my eyes is crazy is the fact that Brad invested nearly half the fund intoPriceline, the online travel site. 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. . This is a breakdown of his trading and investing portfolio positions from his fund's 13F filings as . His portfolio has gained 346% since June 2013 with a Sharpe ratio of 7.46. They did not look at something as public or private investment. Media. Unlike an ordinary SPAC . When was the most recent most recent 13F form submitted by Altimeter Capital Management, LLC? 3-Year Annualized Return 3-Year Cumulative Return Rank Compared to other Funds; Top 20 Holdings Weighted Performance vs S&P500. Altimeter intends to invest Hedge Fund assets in sectors and companies in which Altimeter believes it has differentiated expertise and understanding. FILE - In this May 24, 2017, file photo, applicants fill in forms to join Grab Vietnam at the company's office in Hanoi, Vietnam. 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. ALTIMETER CAPITAL MANAGEMENT, LP Top 13F Holdings - WhaleWisdom.com Brad Gerstner is a hedge fund manager for Altimeter Capital Management and ranked #3 on this list. altimeter capital returns Altimeter Capital Management Fund Performance History & Annualized Return Got a confidential news tip? Gerstner manages assets worth $12.2 billion and his portfolio has gained 668.7% since June 2013. Altimeter Capital is the famous VC, which was founded in 2008. "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. Altimeter is a technology-focused investment firm based out of Menlo Park, California, and Boston, Massachusetts. Trading in such securities can result in immediate and substantial losses of the capital invested. It is the second SPAC from Menlo Park-based Altimeter Capital, following one that raised $450 million in October. On the other hand, there are companies that Altimeter Capital Management, L.P. is getting rid of from its portfolio. Sorry, no results has been found matching your query. See you in your inbox every Monday and Thursday. Right? Our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. Get this delivered to your inbox, and more info about our products and services. Altimeter is a technology-focused investment firm based out of Menlo Park, California, and Boston . Download 13F Summary Sign up for free newsletters and get more CNBC delivered to your inbox. Growth to continue post-pandemic? email address below and choose 'Submit'. Altimeter Capital has made 91 investments. Brown manages $4.2 billion worth of assets, that is, more assets than 92% of other hedge fund managers. Altimeter Capital Management LP now owns 18,041,796 shares of the company's stock valued at . Investors believe they can predict the future. 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. The . [2], In September 2020, Altimeter Growth Corp was listed on the Nasdaq (Ticker: AGC) raising $450 million. BOSTON, MA Altimeter Capital Management, LP (Boston) | Adviser Rankings - wallmine Altimeter | LinkedIn The minimum investment required for hedge funds is high, which means that usually, hedge funds clients are high net worth individuals (HNWI). I am not kidding. The stocks discussed may be volatile and illiquid. TipRanks->. Tech-focused investors like Brad Gerstner and Tiger Global are getting crushed as growth stocks became the epicenter of the market carnage in the face of rising rates. Altimeter Capital Management LP now owns 18,041,796 shares of the company's stock worth . Below is the current Brad Gerstner portfolio of Altimeter Capital after his Q3 update. 2550 Sand Hill Road, Top 10 Stocks Held By Altimeter Capital Management LP Gaurav Kapadia is off to an impressive start. Altimeter Capital is an American investment firm based in Boston, Massachusetts and Menlo Park, California. Grab to list in US via $40 bln merger with Altimeter Growth Fintel is a registered trademark. 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 Sign-up We make money even in declining markets.". Silicon Valley The fund has exact preference in some . altimeter capital returnsstriped bark scorpion altimeter capital returns. Care to explain? Warren Buffett's: Berkshire Hathaway. Attached below are some of the articles and podcasts I used to help put this piece together! About us. Bill Ackman's: Pershing Square Capital Management. Fast forward seven years, and Gerstner has pretty much achieved his goal. Altimeter is a leading technology-focused investment firm built by founders for founders.
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