Altimeter Capital Management, L.P. 13F annual report
Altimeter Capital Management, L.P. is an investment fund managing more than $6.02 trillion ran by Mara Davis. There are currently 20 companies in Mrs. Davis’s portfolio. The largest investments include Snowflake and Meta Platforms Inc, together worth $2.45 trillion.
$6.02 trillion Assets Under Management (AUM)
As of 7th August 2024, Altimeter Capital Management, L.P.’s top holding is 9,550,746 shares of Snowflake currently worth over $1.29 trillion and making up 19.2% of the portfolio value.
Relative to the number of outstanding shares of Snowflake, Altimeter Capital Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 2,292,661 shares of Meta Platforms Inc worth $1.16 trillion, whose value grew 11.7% in the past six months.
The third-largest holding is Uber Technologies Inc worth $982 billion and the next is NVIDIA Corp worth $956 billion, with 7,740,810 shares owned.
Currently, Altimeter Capital Management, L.P.'s portfolio is worth at least $6.02 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Altimeter Capital Management, L.P.
The Altimeter Capital Management, L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Mara Davis serves as the CCO at Altimeter Capital Management, L.P..
Recent trades
In the most recent 13F filing, Altimeter Capital Management, L.P. revealed that it had opened a new position in
Amphenol and bought 2,025,300 shares worth $136 billion.
This means they effectively own approximately 0.1% of the company.
Amphenol makes up
2.5%
of the fund's Technology sector allocation and has decreased its share price by 26.0% in the past year.
The investment fund also strengthened its position in Uber Technologies Inc by buying
178,460 additional shares.
This makes their stake in Uber Technologies Inc total 13,515,060 shares worth $982 billion.
Uber Technologies Inc soared 58.4% in the past year.
On the other hand, there are companies that Altimeter Capital Management, L.P. is getting rid of from its portfolio.
Altimeter Capital Management, L.P. closed its position in Tesla Inc on 14th August 2024.
It sold the previously owned 156,670 shares for $38.9 billion.
Mara Davis also disclosed a decreased stake in Snowflake by 0.2%.
This leaves the value of the investment at $1.29 trillion and 9,550,746 shares.
One of the largest hedge funds
The two most similar investment funds to Altimeter Capital Management, L.P. are Whale Rock Capital Management and Soroban Capital Partners L.P.. They manage $6.73 trillion and $6.76 trillion respectively.
Mara Davis investment strategy
Altimeter Capital Management, L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 82.6% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
70% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $439 billion.
The complete list of Altimeter Capital Management, L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Snowflake Inc. |
23.13%
9,550,746
|
$1,290,210,277,000 | 19.17% |
| Meta Platforms Inc |
4.66%
2,292,661
|
$1,156,005,530,000 | 17.17% |
| Uber Technologies Inc |
1.34%
13,515,060
|
$982,274,561,000 | 14.59% |
| NVIDIA Corp |
868.01%
7,740,810
|
$956,299,667,000 | 14.21% |
| Microsoft Corporation |
1.65%
1,625,640
|
$726,579,798,000 | 10.79% |
| Confluent Inc |
12.49%
12,889,058
|
$380,613,883,000 | 5.65% |
| Astera Labs Inc |
14.31%
1,434,330
|
$277,184,273,000 | 4.12% |
| PDD Holdings Inc |
8.95%
1,714,185
|
$227,900,896,000 | 3.39% |
| Amphenol Corp. |
Opened
2,025,300
|
$136,444,461,000 | 2.03% |
| Alphabet Inc |
Opened
674,530
|
$122,865,640,000 | 1.83% |
| Coupang, Inc. |
Opened
5,295,745
|
$110,945,858,000 | 1.65% |
| Salesforce Inc |
Opened
363,590
|
$93,478,989,000 | 1.39% |
| MercadoLibre Inc |
729.78%
51,820
|
$85,160,988,000 | 1.27% |
| Dell Technologies Inc |
Opened
493,940
|
$68,119,266,000 | 1.01% |
| Apple Inc |
Opened
271,370
|
$57,155,950,000 | 0.85% |
| Tesla Inc |
Closed
156,670
|
$38,929,361,000 | |
| Samsara Inc. |
Opened
815,660
|
$27,487,743,000 | 0.41% |
| Amazon.com Inc. |
Opened
400,000
|
$24,204,000,000 | 0.36% |
| Rubrik Inc. |
Opened
175,000
|
$5,365,500,000 | 0.08% |
| Webtoon Entmt Inc |
Opened
120,000
|
$2,739,600,000 | 0.04% |
| Grab Holdings Limited |
No change
3,502,000
|
$561,896,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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