Altimeter Capital Management LP's Q1 2025 13F: 6 new positions, 8 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 15, 2025 · 22 reported positions · accession 0001541617-25-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | INVESCO QQQ TR (QQQ) | — | 9.3% | +9.3 pts | +988K sh | new |
| Reduced | SNOWFLAKE INC (SNOW) | 13.9% | 8.7% | −5.2 pts | −2.03M sh | −41% |
| Exited | ALPHABET INC (GOOGL) | 3.0% | — | −3.0 pts | −867K sh | −100% |
| Exited | TESLA INC (TSLA) | 2.6% | — | −2.6 pts | −355K sh | −100% |
| New | ROBINHOOD MKTS INC (HOOD) | — | 2.4% | +2.4 pts | +2.89M sh | new |
| New | COREWEAVE INC (CRWV) | — | 2.2% | +2.2 pts | +3M sh | new |
| Exited | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 1.8% | — | −1.8 pts | −504K sh | −100% |
| Exited | SALESFORCE INC (CRM) | 1.6% | — | −1.6 pts | −272K sh | −100% |
| Reduced | NVIDIA CORPORATION (NVDA) | 19.0% | 15.6% | −3.4 pts | −695K sh | −9% |
| New | ALIBABA GROUP HLDG LTD (BABA) | — | 1.4% | +1.4 pts | +540K sh | new |
| Reduced | MERCADOLIBRE INC (MELI) | 1.1% | 0.1% | −1.0 pts | −32,955 sh | −91% |
| Exited | SAMSARA INC (IOT) | 1.1% | — | −1.1 pts | −1.46M sh | −100% |
| Exited | TWILIO INC (TWLO) | 1.1% | — | −1.1 pts | −583K sh | −100% |
| Reduced | RUBRIK INC. (RBRK) | 1.9% | 1.0% | −0.9 pts | −810K sh | −49% |
| Exited | MICRON TECHNOLOGY INC (MU) | 0.9% | — | −0.9 pts | −615K sh | −100% |
| Increased | FLUTTER ENTMT PLC (FLUT) | 1.8% | 2.5% | +0.8 pts | +188K sh | +49% |
| Increased | AMAZON COM INC (AMZN) | 3.4% | 4.0% | +0.6 pts | +174K sh | +20% |
| Increased | MAPLEBEAR INC (CART) | 1.9% | 2.7% | +0.8 pts | +811K sh | +32% |
| Increased | COUPANG INC (CPNG) | 2.4% | 3.3% | +0.9 pts | +1.46M sh | +24% |
| Increased | CONFLUENT INC (CFLT) | 5.9% | 6.1% | +0.2 pts | +1.3M sh | +11% |
| Increased | ASTERA LABS INC (ALAB) | 1.4% | 1.2% | −0.2 pts | +397K sh | +68% |
| New | ARM HOLDINGS PLC (ARM) | — | 0.4% | +0.4 pts | +176K sh | new |
| Exited | DUOLINGO INC (DUOL) | 0.2% | — | −0.2 pts | −30,375 sh | −100% |
| Reduced | MICROSOFT CORP (MSFT) | 7.6% | 7.4% | −0.2 pts | −18,400 sh | −2% |
| Increased | UBER TECHNOLOGIES INC (UBER) | 6.1% | 8.3% | +2.2 pts | +77,510 sh | +1% |
| New | SAILPOINT INC (SAIL) | — | 0.1% | +0.1 pts | +250K sh | new |
| Reduced | META PLATFORMS INC (META) | 19.4% | 21.3% | +1.8 pts | −6,550 sh | 0% |
| Increased | ZILLOW GROUP INC (Z) | 1.7% | 1.8% | +0.1 pts | +22,816 sh | +2% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 86.6% of the equity book
Changes in the top 10 this quarter: QQQ entered · CART entered · GOOGL left · TSLA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | META PLATFORMS INC (META) | 19.4% | 21.3% | |
| 2 | NVIDIA CORPORATION (NVDA) | 19.0% | 15.6% | |
| 3 | INVESCO QQQ TR (QQQ) | 0.0% | 9.3% | Entered the top 10 |
| 4 | SNOWFLAKE INC (SNOW) | 13.9% | 8.7% | |
| 5 | UBER TECHNOLOGIES INC (UBER) | 6.1% | 8.3% | |
| 6 | MICROSOFT CORP (MSFT) | 7.6% | 7.4% | |
| 7 | CONFLUENT INC (CFLT) | 5.9% | 6.1% | |
| 8 | AMAZON COM INC (AMZN) | 3.4% | 4.0% | |
| 9 | COUPANG INC (CPNG) | 2.4% | 3.3% | |
| 10 | MAPLEBEAR INC (CART) | 1.9% | 2.7% | Entered the top 10 |
| — | ALPHABET INC (GOOGL) | 3.0% | 0.0% | Left the top 10 |
| — | TESLA INC (TSLA) | 2.6% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).