They did not look at something as public or private investment. In the midst of the pandemic and the following market upheaval, let us look at how hedge funds have performed. His portfolio has gained 346% since June 2013 with a Sharpe ratio of 7.46. ALTIMETER CAPITAL MANAGEMENT, LP SC 13G/A Filing Concerning SNOW on # . "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.". They manage Altimeter Capital Management LP Top Holdings 13F Filings These positions were updated on August 15th based on the funds latest 13F filing. After Snowflake windfall, Altimeter Capital captures dealmaking spotlight. The . For media inquiries, please contact press@altimeter.com. Popular Searches. If you look through our private investments you will also see much more significant concentration than you would in typical venture funds. Altimeter is a leading technology-focused investment firm built by founders for founders. Altimeter Capital is a venture fund started in 2008 located in Boston, Menlo Park. To calculate this, Join the more than 1.5 million industry professionals who get our daily newsletter! Andy Brown is the CEO and portfolio manager of Cedar Rock Capital, an independent investment firm founded in 2002 and ranked #5 on this list. Then theres Snowflake (SNOW). Tweets. Copyright 2023 Altimeter Capital. Suite 2310 Ault bought 295,000 shares 12% of NTNs float on Jan. 25-28. At 12/31/2022: $3,652,571. All rights reserved. Since January 2012, the date of their first 13F filing, the fund has earned its investors a massive 305% return on the long side through October month-end. Brad Gerstner founded the Boston-based fund in 2008, having previously worked at PAR Capital. The fund has exact preference in some . The managers portfolio has a Sharpe ratio of 7.98. 45 cybersecurity deal announcements totaling $12.94 billion in transaction value took place in the second quarter of 2022. Designed for 5 yrs, ISRO-launched satellite completes decade and Altimeter Capital now has $5.92 billion under management in 27 different holdings with 97.62% allocated to the top 20 holdings in its hedge fund portfolio. Mastercard (MA), Moodys (MCO), and American Tower (AMT) made up 12.5%, 12.3%, and 11.4% each of Akres portfolio. Boston, MA 02110 Build and grow your dividend income machine with actionable buy & sell recommendations, portfolio building guides, & more. The portfolio has given average returns of 68.6% on an annualized basis over a three-year period. Investing in the investments discussed in the Blog may be risky and speculative. The music was electric and fans were dancing on the big screen. It is important here to also look at the Sharpe ratio, which stands at 8.96. 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. institution's (Altimeter Capital Management, LP) Internal Rate of Return (IRR). That's a 226% and 249% outperformance over the S&P 500 and MSCI World, respectively. After Snowflake windfall, Altimeter Capital captures dealmaking spotlight Grab to list in US via $40 bln merger with Altimeter Growth Altimeter. Historical performance of Altimeter Capital Management, showing the return on investment of the portfolio managed by Brad Gerstner and comparing it to other hedge funds. All rights reserved. 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. Sorry, no results has been found matching your query. In April 2021 it was announced that AGC would merge with Singapore ridesharing company, Grab to help it list on Nasdaq under the ticker, GRAB. Grab to list in US via $40 bln merger with Altimeter Growth I was intrigued by this idea of public market investors also doing private market investing. Home : Altimeter A Recession Is Already Here, Hedge Fund Manager Says This website is not an offer to, or solicitation of, any potential clients or investors for any investment management, advisory or any other related services. Meta shareholder wants Facebook parent to cut jobs, spending 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. 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 . The Boston-based firm held more than 36 million shares in the cloud data company for a stake worth around $8.3 billion at current prices. 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. Altimeter Capital Management is a technology focused investment firm based in Menlo Park, CA and Boston, MA. Do Not Sell My Personal Information (CA Residents Only). We want to hear from you. He is bullish on both, which to many could see as being contradicting. Hedge Funds fall under the category of alternative investments. Ray Dalio's: Bridgewater Associates. Get Contact Info for All Departments. Subscribe to The Crossover today! Today I am going to be breaking down one of the most interesting crossover funds in the game,Altimeter Capital. The firm's highlight investments in the past two years include Airbyte, Discord . The majority of the companies in the funds portfolio are large-cap stocks. Altimeter Capital is a technology-focused investment firm based in Menlo Park, CA and Boston, MA. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. 2. As of November 30, Akre managed a combined $19.3 billion in private funds, the Akre Focus mutual fund, and separately managed account assets. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Barry Norris, chief executive of Argonaut Capital, has been unabashedly vocal about his pessimism about a potential Covid-19 vaccine. Map . Alt Turnover is calculated by taking either the total MV of new purchases or Compare against similar firms. The portfolio managed by Akre has gained 451.5% since June 2013, beating the S&P 500 index returns of 290.9% over the same period. Altimeter Capital has had 22 exits. $4.33 billion and $4.33 billion respectively. Altimeter is so impressive in so many ways and it will be hard to squeeze all of my thoughts into 1k words. Altimeter Capital Management, LP 13F Filings Altimeter Capital's tech SPAC Altimeter Growth Corp. prices $450 Altimeter Capital Management LP | AUM 13F 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%. Performance The Nasdaq Composite slid more than 13% in April, dropping almost 30% from its all-time high. Gaurav Kapadia is off to an impressive start. 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). (Clickhereto subscribe to the Delivering Alpha newsletter.). You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails. Altimeter Capital Management, L.P.s portfolio is diversified across 4 sectors. Question:Okay then. Following Alpha: Altimeter Capital - Q4 2015 Review Required fields not completed correctly. The technology sector, especially unprofitable firms and richly valued software names, have been hit the hardest as of late. Currently, Altimeter Capital Management, L.P.'s portfolio is worth at least $4.33 billion. ? Neither Altimeter, nor any of its affiliates or personnel, offers investment advisory services via the internet. Plan. In managing the Hedge Fund, Altimeters objective is to maximize compounded annual long-term net returns for the Hedge Fund investors. The article said Gerstner wanted to build a Venture Capital Empire. Annualized Growth Rate (CAGR). 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. SARAL was launched on February 25, 2013, from SDSC-SHAR, Sriharikota onboard PSLV-C20. The information in this website is for general reference purposes and is subject to change without notice or update. It was simply a good investment or bad investment with certain liquidity characteristics associated with it.. It was a blast. . ALTIMETER CAPITAL MANAGEMENT, LP Top 13F Holdings - WhaleWisdom.com Manager Monday: Altimeter Capital Management - Novus Investment Advisor 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. Investment Stage Early Stage Venture, Late Stage Venture, Post-Ipo, Private Equity, Venture. Capitalizing on the funds VC success, Gerstner raised $450M for Altimeter Growth Corp (AGCUU), a blank check company IPO targeting the tech sector. Unlike an ordinary SPAC . Our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. Answer:Unbelievably well. returns for each quarter. Type a symbol or company name. Altimeter Capital Fund Manager Profile | Preqin Altimeter Capital Management is an investment firm with offices in Menlo Park, CA, and Boston, MA. [13][14] A few weeks later, Meta laid off over 11,000 employees.[15]. Fast forward seven years, and Gerstner has pretty much achieved his goal. Contact Email info@altimeter.com. The companies may have limited operating histories, little available public information. The largest investments include Snowflake and Microsoft, together worth $2.82 billion. We did not call it Crossover at the time, but it reminded me of the throwback partnerships that Buffett & Munger had. 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. To screen for upcoming or past SPAC . Brad Gerstner, Chair and CEO of Altimeter Capital Management LLC, penned an open letter to Meta Platforms (NASDAQ:META).Altimeter owns more than 2 million shares of Meta Platforms and has been a long-time investor. Hedge fund winners and losers emerge in brutal tech-driven sell-off - CNBC Quickly find out what the most recently closed or increased positions are. FILE - In this May 24, 2017, file photo, applicants fill in forms to join Grab Vietnam at the company's office in Hanoi, Vietnam. Here are the 10 most popular hedge fund managers in WhaleWisdom. Media. ExodusPoint Capital Management LP Sells 38,873 Shares of Toast, Inc 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.