Usually, a Sharpe ratio of more than 1 is considered good, while a ratio that is below 1 should be judged based on the investment strategy used. Altimer Capital Custom tailored debt financing solutions The managers portfolio has a Sharpe ratio of 7.98. Altimeter Capital - Investments, Portfolio & Company Exits - Crunchbase Answer:Unbelievably well. $499/Year. Altimeter Capital Management, LLC's average return in the last 3 years was 25.03%. He is bullish on both, which to many could see as being contradicting. 2015-2023 Fintel Ventures LLC. 13F filing from ALTIMETER CAPITAL MANAGEMENT, LP, enter your . After all, activist hedge funds get most of their earnings from investing in companies and pushing them to provide more shareholder value. Altimeter Capital Management LP Top Holdings 13F Filings Peltzs portfolio is skewed towards the Consumer Goods sector, with a 43.2% investment in this sector. Phone Number (617) 310-6180. Altimeter Growth Corp, a blank check company formed by Altimeter Capital Management LP, has raised $450 million for its IPO after pricing . Altimeter Capital Management, LP ("Altimeter") is an SEC-registered investment adviser. Altimeter Capital Management Fund Performance History & Annualized Return Citadel's multistrategy flagship fund Wellington rallied 7.5% last month, bringing its year-to-date performance to 12.7%. Meanwhile, some value, macro and international oriented players are reaping sizable gains despite the market bloodbath. Performance https://www.linkedin.com/company/altimeter-capital, View Last Form Adv Compilation Report on Record, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. 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. In addition to quarterly performance, we show annualized performance and the Brad is the Founder and CEO of Altimeter Capital - an internet, software, and travel focused investment firm founded in 2008 and located in Silicon Valley and Boston. 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. Before starting Altimeter Capital, Gerstner worked as a portfolio manager at an investment capital firm PAR Capital. ExodusPoint Capital Management LP Sells 38,873 Shares of Toast, Inc Founded in 2008, Altimeter Capital Management is a venture capital firm is based in Boston, Massachusetts. Their last reported 13F filing for Q4 2022 included $3,652,571,000 in managed 13F securities Altimeter SPACs surge on reported $40 billion deal for Singapore ride-hailing company Grab. We want to hear from you. Altimeter Capital Management LP grew its stake in GitLab by 174.6% during the 1st quarter. I am not kidding. 82.9K Followers. Brad Gerstner Bio, Returns, AUM, Net Worth. Altimeter Capital Management, L.P. 13F annual report Peltz currently has $8 billion worth of assets under management, that is, more assets than 99% of other hedge fund managers. Altimeter Capital Management has met the qualifications for inclusion in our WhaleScore system. Written by TL;DR: Eutelsat Communications SA, a French satellite operator, and OneWeb, a UK satellite operator are set to combine in an all-share deal valuing OneWeb at $3.4 billion, a step toward creating a European champion to rival the likes of Elon Musks SpaceX. So, without further ado, using TipRanks data, here are some of the top-ranked hedge fund managers from some of the Best Hedge Funds this year. 2023 CNBC LLC. Altimeter Capital Management, LLC - Brad Gerstner - TipRanks Tweets & replies. What jumps out to you the most about Altimeters journey? Please 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. Returns from the best ideas are usually diluted by a long tail of lower quality ideas. 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. Altimeter Capital Management, L.P. closed its position in Sea Ltd on 15th August 2022. Brad Gerstner (@altcap) / Twitter Altimeter SPAC goes public. At 09/30/2022: $4,676,285. 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 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. Form 13-F is submitted to the Securities Exchange Commission (SEC) by hedge funds that manage more than $100 million in assets. altimeter capital returns This is a breakdown of his trading and investing portfolio positions from his fund's 13F filings as . New York-based activist and event-driven hedge fund manager Coast Capital is also beating the market this year as they looked for out-of-favor value names in Europe. Long-time Wayfair insider bought $13.6M of W on the open market. older whippets for rehoming Brad Gerstner is an American investor and entrepreneur. Catherine Woods fund seeks out Disruptive Innovation.. Altimeter Growth Stock Is Trading Higher As Singapore's Grab Eyes Our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and . Shrilekha Pethe for However, it is a big problem for baseball when the game being delayed is actually a good thing for the fan experience! SEC form, multiple filers or classes of filers, and much more.***. Altimeter intends to invest Hedge Fund assets in sectors and companies in which Altimeter believes it has differentiated expertise and understanding. Past performance is not an indication of future results. It was simply a good investment or bad investment with certain liquidity characteristics associated with it.. TipRanks->. Brad used the momentum and success from his big bet to grow Altimeter's AUM to over $1B by 2013. altimeter capital returns; altimeter capital returns. We make money even in declining markets.". Passing Through Joined January 2009. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. the MV of securities sold, whichever is less, Download 13F Summary Hedge fund winners and losers emerge in brutal tech-driven sell-off - CNBC You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 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. Subscribe to WhaleWisdom to view all filing data 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. You can reach the main office by . He also served as a co-CEO of a travel company called National Leisure Group. ALTIMETER CAPITAL - The Economic Times 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. Suite 4610 Everyone always talks about the new FinTech companies on the scene, but. Altimeter takes a deep fundamental approach to security analysis. You are limited to the prior 8 quarters of 13F filings. Chase Coleman's growth-focused flagship fund at Tiger Global tumbled 15% last month, pushing its 2022 rout to 44% and wiping out nearly all of its gains since 2019, according to Bloomberg News. Welcome to Sure Dividend - Sure Dividend Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. While investors party like its 1999, Insiders are selling stock like theres no tomorrow. The author of this piece and/or members of Workweek media could be invested in companies discussed. Tweets. To calculate this, While shareholders will split the newly merged company, Eutelsat CEO Eva Berneke will run the company, and Eutelsats chairman, Dominique DHinnin, is set to be chairman of the company, with his OneWeb counterpart, Sunil Bharti Mittal, set to be co-chair and vice president. Its biggest holdings as of the end of 2021 included JD.com, Microsoft and Sea Ltd, which are all down double digits this year. After Snowflake windfall, Altimeter Capital captures dealmaking spotlight This leaves the value of the investment at $2.36 billion and 17,001,796 shares. and a top 10 holdings concentration of 99.95%. On the other hand, there are companies that Altimeter Capital Management, L.P. is getting rid of from its portfolio. Chuck manages $16.2 billion worth of assets and his portfolio has given average returns of 46.4% over a period of three years, on an annualized basis. 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. Fintel is a registered trademark. HOME | Altimeterwealth Charlotte NC Best wealth management Altimeter Capital is an American investment firm based in Boston, Massachusetts and Menlo Park, California. Reasons they site: 1. Capitalizing on the funds VC success, Gerstner raised $450M for Altimeter Growth Corp (AGCUU), a blank check company IPO targeting the tech sector. "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.". Altimeter Capital Management's 21 Stock Portfolio: Top 10 Holdings Analyzed You must have a subscription to view WhaleScore histories. About. Brad Gerstner founded the Boston-based fund in 2008, having previously worked at PAR Capital. Thank you and soon you will hear from one of our Attorneys. In contrast, the S&P 500 stock index has gained 290.9%. Ideal for intelligent investors with $50,000+ portfolios. Altimeter SPAC Has Reported $40 Billion Deal for Ride-Hail Company Grab All rights reserved. The firm focuses on technology investments in both public and private markets globally. 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. Investing in the investments discussed in the Blog may be risky and speculative. Contact Email info@altimeter.com. The firm's private equity arm makes all-stage venture capital investments, primarily in the technology sector. ? Altimeter is a leading technology-focused investment firm built by founders for founders. Neither Altimeter, nor any of its affiliates or personnel, offers investment advisory services via the internet. Question:How did the investment playout? Question:Was there one take that you felt that Brad made that was particularly interesting? Counting life in days and acts of kindness. Answer:Overwhelmed, but not why you might think. Right? I agree to receive PitchBook Data's electronic newsletters, updates, promotions and related messages Altimeter CapitalAltimeter CapitalAltimeter Capital Number of Exits 22. Best large hedge funds to clone?WhaleRock, SCGE and Dragoneer lead the pack. "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. One International Place Suite 2400. 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). AGCUU went public at $10 on Oct. 1, and closed Tuesday at $11.80. Get our editors daily picks straight in your inbox! Performance numbers calculated through 2023-02-14. Current Brad Gerstner Portfolio: Altimeter Capital - New Trader U Altimeter's four biggest holdings Snowflake, Meta, Microsoft and Uber are all down from 20% to as much as 60% year to date. A Recession Is Already Here, Hedge Fund Manager Says Sorry, no results has been found matching your query. FILE - In this May 24, 2017, file photo, applicants fill in forms to join Grab Vietnam at the company's office in Hanoi, Vietnam. 71.4% of the portfolio companies Question:How are you feeling after listening to two podcasts (multiple times each), reading several articles, and sifting through 13Fs on Altimeter Capital? 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. Brad Gerstner is a hedge fund manager for Altimeter Capital Management and ranked #3 on this list. 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. Map . . Also, due to some housekeeping, the Toast 2.0 piece will be dropping on Monday. 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. Here are the 10 most popular hedge fund managers in WhaleWisdom. Menlo Park, CA 94025 [3] It was launched with less than $3 million from Gerstner's friends and family during the financial crisis of 2008. In this article, we discuss the 10 stocks that Brad Gerstner is talking about. And annual 13F returns of 30% since 2011", "Investors push for board shake-up at United Continental Holdings", "United was 'clumsy' at first in scandal, but eventually 'got it right,' investor says", "Meta shareholder writes critical open letter saying company needs to slash headcount and stop spending so much money on 'metaverse', "Meta Needs to Slash Metaverse Spending to 'Get Mojo Back,' Shareholder Says", "Meta laying off more than 11,000 employees: Read Zuckerberg's letter announcing the cuts", "FTX Fiasco Hits Investors From Tiger Global to Tom Brady", "Pine Labs: Actis, Altimeter put $82 million in Pine Labs to grow roots", Taxation of private equity and hedge funds, Alternative investment management companies, History of private equity and venture capital, Private investment in public equity (PIPE), Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=Altimeter_Capital&oldid=1133952390, Financial services companies established in 2008, Financial services companies based in Massachusetts, Companies based in Menlo Park, California, Pages with non-numeric formatnum arguments, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 January 2023, at 07:44.