Altimeter Capital Management, LP
MENLO PARK, CA
$9.8bn in 20 US stocks at the end of 30 June 2026. The top 10 are 83.3% of the money. It changed about 33.4% of the portfolio this quarter.
Value
$9.8bn
Stocks
20
Top 10 share
83.3%
Turnover
33.4%
What changed this quarter
New
Bought for the first time this quarter.
- Cerebras SystemsCBRS16.2% of the fund
- QualcommQCOM3.5% of the fund
- Space Exploration TechnologiesSPCX3.1% of the fund
- Micron TechnologyMU2.5% of the fund
- Applied MaterialsAMAT1.9% of the fund
- KLAKLAC1.8% of the fund
- Lam ResearchLRCX1.7% of the fund
- AlphabetGOOGL0.6% of the fund
- SynopsysSNPS0.6% of the fund
- Grab Holdings LimitedGRABW<0.1% of the fund
Added
Bought more of a stock they already held.
- Taiwan Semiconductor ManufacturingTSM6.9% of the fund+5%
- CoreWeaveCRWV6.2% of the fund+35%
- Amazon.comAMZN5.9% of the fund+16%
- MicrosoftMSFT4.8% of the fund+7%
Cut
Sold some of their stake.
- Meta PlatformsMETA7.8% of the fund-31%
- ARM HoldingsARM5.9% of the fund-4%
- Uber TechnologiesUBER5.4% of the fund-8%
Sold out
Sold their entire stake.
- Axon EnterpriseAXON-100%
- BroadcomAVGO-100%
- Grab Holdings Limited-100%
Holdings
- Cerebras SystemsCBRS
- Share
- 16.2%
- Value
- $1.6bn
- Shares
- 7,225,037
New
- ARM HoldingsARM
- Share
- 5.9%
- Value
- $582m
- Shares
- 1,641,972
-4%
- Space Exploration TechnologiesSPCX
- Share
- 3.1%
- Value
- $304m
- Shares
- 1,776,485
New
- Grab Holdings LimitedGRABW
- Share
- <0.1%
- Value
- $150,586
- Shares
- 3,502,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 19.2% | $1.9bn | 9,413,589 | Held |
| Cerebras SystemsCBRS | 16.2% | $1.6bn | 7,225,037 | New |
| Meta PlatformsMETA | 7.8% | $763m | 1,354,990 | -31% |
| Taiwan Semiconductor ManufacturingTSM | 6.9% | $683m | 1,429,355 | +5% |
| CoreWeaveCRWV | 6.2% | $605m | 6,073,695 | +35% |
| ARM HoldingsARM | 5.9% | $582m | 1,641,972 | -4% |
| Amazon.comAMZN | 5.9% | $578m | 2,425,351 | +16% |
| Uber TechnologiesUBER | 5.4% | $532m | 7,372,440 | -8% |
| SnowflakeSNOW | 5.0% | $490m | 1,926,250 | Held |
| MicrosoftMSFT | 4.8% | $473m | 1,268,082 | +7% |
| QualcommQCOM | 3.5% | $348m | 1,882,490 | New |
| Space Exploration TechnologiesSPCX | 3.1% | $304m | 1,776,485 | New |
| Micron TechnologyMU | 2.5% | $242m | 209,520 | New |
| Applied MaterialsAMAT | 1.9% | $189m | 261,950 | New |
| KLAKLAC | 1.8% | $174m | 578,230 | New |
| Lam ResearchLRCX | 1.7% | $171m | 394,080 | New |
| Robinhood MarketsHOOD | 0.9% | $90m | 899,691 | Held |
| AlphabetGOOGL | 0.6% | $63m | 175,180 | New |
| SynopsysSNPS | 0.6% | $63m | 140,343 | New |
| Grab Holdings LimitedGRABW | <0.1% | $150,586 | 3,502,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 41.8% since 30 June 2025.
Where the money is
Technology79.4%
Media & telecom8.4%
Retail & consumer5.9%
Industrials5.4%
Financial services0.9%
Other0.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.