SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Altimeter Capital Management, LP

CIK 0001541617 · 2550 SAND HILL RD, SUITE 150, MENLO PARK, CA, 94025 · 6502578355

Reported Value
$2.9B
Q1 2019
Positions
26
Filings on Record
33
2019–present window
Filed
May 15, 2019
original filing

Summary

Altimeter Capital Management, LP reported $2.9B in U.S.-listed holdings across 26 positions for Q1 2019.

The portfolio is heavily concentrated: UAL alone accounts for 31.8% of reported value.

Compared with Q4 2018, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+6.4%
vs prior filed quarter
Top-10 Concentration
+95.3%
share of reported value
Largest Position
+31.8%
United Contl
New / Exited
3 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.7BQ4 ’18Q1 ’19: $2.9BQ2 ’19: $3.7BQ3 ’19: $4.1BQ4 ’19: $4.5BQ4 ’19Q1 ’20: $3.3BQ2 ’20: $4.7BQ3 ’20: $5.9BQ4 ’20: $10.8BQ4 ’20Q1 ’21: $14.0BQ2 ’21: $13.3BQ3 ’21: $12.5BQ4 ’21: $10.5BQ4 ’21Q1 ’22: $6.9BQ2 ’22: $4.4BQ3 ’22: $4.7BQ2 ’23: $5.5BQ2 ’23Q3 ’23: $5.3BQ4 ’23: $6.0BQ1 ’24: $6.5BQ2 ’24: $6.7BQ2 ’24Q3 ’24: $6.8BQ4 ’24: $5.5BQ1 ’25: $5.0BQ2 ’25: $6.9BQ2 ’25Q3 ’25: $7.6BQ4 ’25: $6.7BQ1 ’26: $5.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 95.6%ADR: 3.0%Other: 1.2%US DOMESTIC: 0.2%
  • Common Stock · 95.6% · $2.8B
  • ADR · 3.0% · $87M
  • Other · 1.2% · $36M
  • US DOMESTIC · 0.2% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SAVEEURSPIRIT AIRLINES INCNEW+225.0K225.0K+$12M$12M
NORWEGIAN CRUISE LINE HLDG LNEW+70.0K70.0K+$4M$4M
LYFTLYFT INCNEW+10.0K10.0K+$783,000$783,000
NTNXNUTANIX INCADDED+1.80M2.10M+$67M$79M
NVDANVIDIA CORPSOLD OUT−160.0K0−$21M$0
S9QSPIRIT AIRLINES INCSOLD OUT−225.0K0−$13M$0
GOOGLALPHABET INCSOLD OUT−5.5K0−$6M$0
NORWEGIAN CRUISE LINE HLDG LSOLD OUT−70.0K0−$3M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1UALUNITED CONTL HLDGS INChistory →COM31.77%$928M11.63M
2METAFACEBOOK INChistory →CL A20.28%$592M3.55M
3TABLEAU SOFTWARE INCCL A14.24%$416M3.27M
4EXPEEXPEDIA GROUP INChistory →COM NEW11.69%$341M2.87M
5BKNGBOOKING HLDGS INChistory →COM8.15%$238M136.4K
6NTNXNUTANIX INChistory →CL A2.71%$79M2.10M
7PDDPINDUODUO INChistory →SPONSORED ADS2.11%$62M2.49M
8MSFTMICROSOFT CORPhistory →COM2.02%$59M500.0K
9CRMSALESFORCE COM INChistory →COM1.44%$42M265.0K
10BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS0.85%$25M136.3K
11TRIVAGO NVSPON ADS A SHS0.77%$22M5.18M
12MDBMONGODB INChistory →CL A0.70%$21M140.0K
13OKTAOKTA INChistory →CL A0.57%$17M200.0K
14AMZNAMAZON COM INChistory →COM0.49%$14M8.0K
15SAVEEURSPIRIT AIRLINES INChistory →COM CL A0.41%$12M225.0K
16YELPYELP INChistory →CL A0.35%$10M300.0K
17DBXDROPBOX INChistory →CL A0.34%$10M450.0K
18ELASTIC NVORD SHS0.27%$8M100.0K
19TESLA INCNOTE 1.25% 3/00.21%$6M6.00M
20NORWEGIAN CRUISE LINE HLDG LSHS0.13%$4M70.0K
21ALGTALLEGIANT TRAVEL COhistory →COM0.09%$3M20.0K
22SKYWSKYWEST INChistory →COM0.07%$2M35.0K
23MESA AIR GROUP INCCOM NEW0.06%$2M200.0K
24LYFTLYFT INChistory →CL A COM0.03%$783,00010.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.7B13May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$6.7B18Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$7.6B23Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$6.9B18Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.0B22May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.5B24Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$6.8B23Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$6.7B20Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$6.5B17May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.0B11Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$5.3B11Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$5.5B11Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review11May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review11Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$4.7B17Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.4B16Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$6.9B22May 17, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$10.5B25Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$12.5B31Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$13.3B33Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$14.0B32May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$10.8B29Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$5.9B27Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$4.7B23Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.3B25May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$4.5B27Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$4.1B30Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.7B27Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.9B26May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.7B26Feb 15, 2019RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.