Altimeter Capital Management, LP Buys Altimeter Growth Corp, Sea, MongoDB Inc, Sells Uber Technologies Inc, Peloton Interactive Inc, Meta Platforms Inc

Author's Avatar
Feb 17, 2022
Boston, MA, based Investment company Altimeter Capital Management, LP (Current Portfolio) buys Altimeter Growth Corp, Sea, MongoDB Inc, Confluent Inc, GitLab Inc, sells Uber Technologies Inc, Peloton Interactive Inc, Meta Platforms Inc, Zoom Video Communications Inc, Alibaba Group Holding during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Altimeter Capital Management, LP. As of 2021Q4, Altimeter Capital Management, LP owns 25 stocks with a total value of $10.5 billion. These are the details of the buys and sells.

For the details of Altimeter Capital Management, LP's stock buys and sells, go to https://www.gurufocus.com/guru/altimeter+capital+management%2C+lp/current-portfolio/portfolio

These are the top 5 holdings of Altimeter Capital Management, LP
  1. Snowflake Inc (SNOW) - 17,001,796 shares, 54.77% of the total portfolio. Shares reduced by 19.18%
  2. Meta Platforms Inc (FB) - 2,350,000 shares, 7.52% of the total portfolio. Shares reduced by 37.39%
  3. Microsoft Corp (MSFT) - 1,763,135 shares, 5.64% of the total portfolio.
  4. Altimeter Growth Corp (AGC) - 75,018,565 shares, 5.09% of the total portfolio. Shares added by 750085.65%
  5. Uber Technologies Inc (UBER) - 11,500,000 shares, 4.59% of the total portfolio. Shares reduced by 53.06%
New Purchase: MongoDB Inc (MDB)

Altimeter Capital Management, LP initiated holding in MongoDB Inc. The purchase prices were between $429.34 and $585.03, with an estimated average price of $513.15. The stock is now traded at around $421.530000. The impact to a portfolio due to this purchase was 1.26%. The holding were 250,000 shares as of 2021-12-31.

New Purchase: GitLab Inc (GTLB)

Altimeter Capital Management, LP initiated holding in GitLab Inc. The purchase prices were between $72.75 and $130.88, with an estimated average price of $102.11. The stock is now traded at around $67.650000. The impact to a portfolio due to this purchase was 0.8%. The holding were 350,000 shares as of 2021-12-31.

New Purchase: Samsara Inc (IOT)

Altimeter Capital Management, LP initiated holding in Samsara Inc. The purchase prices were between $22.32 and $29.37, with an estimated average price of $26.17. The stock is now traded at around $18.590000. The impact to a portfolio due to this purchase was 0.21%. The holding were 800,000 shares as of 2021-12-31.

New Purchase: HashiCorp Inc (HCP)

Altimeter Capital Management, LP initiated holding in HashiCorp Inc. The purchase prices were between $80 and $97.6, with an estimated average price of $87.14. The stock is now traded at around $60.520000. The impact to a portfolio due to this purchase was 0.19%. The holding were 225,000 shares as of 2021-12-31.

New Purchase: Braze Inc (BRZE)

Altimeter Capital Management, LP initiated holding in Braze Inc. The purchase prices were between $58.19 and $94.16, with an estimated average price of $72.71. The stock is now traded at around $53.580000. The impact to a portfolio due to this purchase was 0.15%. The holding were 200,000 shares as of 2021-12-31.

New Purchase: Cvent Holding Corp (CVT)

Altimeter Capital Management, LP initiated holding in Cvent Holding Corp. The purchase prices were between $7.4 and $9.75, with an estimated average price of $8.15. The stock is now traded at around $6.110000. The impact to a portfolio due to this purchase was 0.06%. The holding were 800,000 shares as of 2021-12-31.

Added: Altimeter Growth Corp (AGC)

Altimeter Capital Management, LP added to a holding in Altimeter Growth Corp by 750085.65%. The purchase prices were between $10.08 and $17.06, with an estimated average price of $12.37. The stock is now traded at around $11.010000. The impact to a portfolio due to this purchase was 5.09%. The holding were 75,018,565 shares as of 2021-12-31.

Added: Sea Ltd (SE)

Altimeter Capital Management, LP added to a holding in Sea Ltd by 316.67%. The purchase prices were between $205.68 and $366.99, with an estimated average price of $296.89. The stock is now traded at around $140.150000. The impact to a portfolio due to this purchase was 2.02%. The holding were 1,250,000 shares as of 2021-12-31.

Added: Confluent Inc (CFLT)

Altimeter Capital Management, LP added to a holding in Confluent Inc by 71.01%. The purchase prices were between $59.07 and $93.6, with an estimated average price of $72.36. The stock is now traded at around $55.700000. The impact to a portfolio due to this purchase was 0.89%. The holding were 2,950,000 shares as of 2021-12-31.

Sold Out: Peloton Interactive Inc (PTON)

Altimeter Capital Management, LP sold out a holding in Peloton Interactive Inc. The sale prices were between $34.56 and $96.6, with an estimated average price of $60.04.

Sold Out: Zoom Video Communications Inc (ZM)

Altimeter Capital Management, LP sold out a holding in Zoom Video Communications Inc. The sale prices were between $181.81 and $285.66, with an estimated average price of $233.56.

Sold Out: Alibaba Group Holding Ltd (BABA)

Altimeter Capital Management, LP sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $111.96 and $177.7, with an estimated average price of $145.1.

Sold Out: Farfetch Ltd (FTCH)

Altimeter Capital Management, LP sold out a holding in Farfetch Ltd. The sale prices were between $29.69 and $47, with an estimated average price of $36.68.

Sold Out: Amazon.com Inc (AMZN)

Altimeter Capital Management, LP sold out a holding in Amazon.com Inc. The sale prices were between $3189.78 and $3696.06, with an estimated average price of $3427.48.

Sold Out: Coupang Inc (CPNG)

Altimeter Capital Management, LP sold out a holding in Coupang Inc. The sale prices were between $25.69 and $30.45, with an estimated average price of $28.18.



Here is the complete portfolio of Altimeter Capital Management, LP. Also check out:

1. Altimeter Capital Management, LP's Undervalued Stocks
2. Altimeter Capital Management, LP's Top Growth Companies, and
3. Altimeter Capital Management, LP's High Yield stocks
4. Stocks that Altimeter Capital Management, LP keeps buying