Clients
Altimeter Capital Management serves 36 clients, 35 of them pooled investment vehicles. The average client has about $521 million with the firm.
- Pooled investment vehicles35 clients96%
- Sovereign wealth funds and foreign official institutions1 clients4%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 35 | $18,037,585,923 | 96.2% | $515.4M |
| Sovereign wealth funds and foreign official institutions | 1 | $716,129,764 | 3.8% | $716.1M |
| Total | 36 | $18,753,715,687 | 100% | $520.9M |
- Clients
- 35
- Regulatory AUM
- $18,037,585,923
- Share
- 96.2%
- Avg. per client
- $515.4M
- Clients
- 1
- Regulatory AUM
- $716,129,764
- Share
- 3.8%
- Avg. per client
- $716.1M
Total
- Clients
- 36
- Regulatory AUM
- $18,753,715,687
- Share
- 100%
- Avg. per client
- $520.9M
What it does
Altimeter Capital Management provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Altimeter Capital Management advises 33 private funds.
100.0% of assets ($18.75B across 36 accounts) are managed with discretion. 8% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks99%
- Cash1%
Custodians
Altimeter Capital Management’s client accounts are held mainly at Citigroup Global Markets, with 2% of managed assets, and Morgan Stanley, with 1%. Altimeter Capital Management has custody of client assets.
- Citigroup Global MarketsCitigroup Global Markets Inc. · New York, NY · $377.3M2%
- Morgan StanleyMorgan Stanley & Co. LLC · New York, NY · $237.8M1%
- All other custodians$18.14B97%
Ownership and leadership
Bradley Gerstner owns 75% or more of Altimeter Capital Management.
- Owns 75% or more of Altimeter Capital Management, LP
Bradley Gerstner
Control person · since November 2008
Leadership
- John KiernanChief Financial Officer / Managing Partner
- Anne HancockChief Compliance Officer and Deputy General Counsel
- Bradley GerstnerCEO/Limited Partner
- Meghan ReynoldsHead of Capital Formation / Managing Partner
- Matthew TolveGeneral Counsel / Managing Partner
Staff
- 35 employees
- 13 in advisory functions
Reported holdings
Altimeter Capital Management’s reported 13F holdings total $9.83B across 20 positions, and the ten largest make up 83.3% of it.
- $9.83B
- Reported 13F value
- 20
- Positions
- 83.3%
- In the 10 largest
- —
- Value vs. prior quarter
- Nvidia Corporation19.2%
- Cerebras Systems Inc. · Com CL A16.2%
- Meta Platforms Inc. · CL A7.8%
- Taiwan Semiconductor Mfg Ltd · Sponsored ADS6.9%
- Coreweave Inc. · Com CL A6.2%
- ARM Holdings PLC · Sponsored ADS5.9%
- Amazon Com Inc.5.9%
- Uber Technologies Inc.5.4%
- Snowflake Inc. · Com Shs5.0%
- Microsoft Corp.4.8%
Together, the ten largest are 83.3% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $9.83B is not its $18.75B in regulatory assets and does not represent any individual client's portfolio.
Fees
Altimeter Capital Management is paid through a percentage of assets under management and performance-based fees.
Altimeter Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Altimeter Capital Management has 1 office, with 2 listed addresses across 2 states.
California · 1 listed address
- 2550 Sand Hill Road, Suite 150, Menlo ParkHQ
Massachusetts · 1 listed address
- One International Place, Boston
Registration details
- Legal name
- Altimeter Capital Management, LP
- Headquarters
- 2550 Sand Hill Road, Suite 150, Menlo Park, CA 94025
- Phone
- 650-257-8355
- Website
- www.altimeter.com
- SEC file
- 801-73411
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Altimeter Capital Management have?
Altimeter Capital Management has 36 clients and manages $18.8 billion for them, as of March 2026. They include 35 pooled investment vehicles and 1 sovereign wealth funds and foreign official institutions.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Altimeter Capital Management offer?
Altimeter Capital Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Altimeter Capital Management use?
Altimeter Capital Management’s separately managed account assets are held at Citigroup Global Markets Inc. (New York, NY), with $377,288,781 and Morgan Stanley & Co. LLC (New York, NY), with $237,760,623. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Altimeter Capital Management have?
Altimeter Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 35 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Altimeter Capital Management invest in?
At the end of its last fiscal year, Altimeter Capital Management’s separately managed accounts held 99% exchange-traded equities and 1% cash and equivalents. It advises 33 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Altimeter Capital Management?
Altimeter Capital Management’s direct owner is Bradley Gerstner (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Altimeter Capital Management get paid?
Altimeter Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
