Funds › Altimeter Capital Management, LP › Q4 2013Altimeter Capital Management, LP 13F holdings, Q4 2013 Altimeter Capital Management, LP disclosed 35 US equity positions worth $823.0m in its Q4 2013 13F filing. Its largest position is PRICELINE GRP INC at 13.6% of the reported book, followed by RCL and EXPE. Versus Q3 2013 it opened 6 new positions, added to 7, reduced 6 and exited 4.
$823m Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
35 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.6% Largest position The largest single position as a share of the reported equity book.
84.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
12 Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
59 Quarters on file since Q4 2011 Quarters for which this manager's 13F holdings are on record. Holdings Against Q3 2013: 6 new , 7 added , 6 reduced , 4 exited
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Stock Sector Weight Value Shares Δ shares Action PRICELINE GRP INC no ticker – 13.6% $112m 96,100 −36% reduced RCL ROYAL CARIBBEAN CRUISES LTD Consumer Cyclical 10.9% $89.4m 1.89m 0.0% held EXPE EXPEDIA GROUP INC Consumer Cyclical 10.5% $86.4m 1.24m – new CAR AVIS BUDGET GROUP INC Industrials 9.2% $75.5m 1.87m +19% added UAL UNITED AIRLINES HLDGS INC Industrials 9.1% $74.9m 1.98m −32% reduced META META PLATFORMS INC Communication Services 7.5% $61.8m 1.13m −0.2% held NQ MOBILE INC no ticker – 6.6% $54.3m 3.69m +709% added ALK ALASKA AIR GROUP INC Industrials 6.4% $52.4m 714,473 0.0% held GRPN GROUPON INC Communication Services 6.1% $50.1m 4.25m +373% added CTRPUSD CTRIP COM INTL LTD – 4.7% $39.0m 786,258 −37% reduced HERTZ GLOBAL HOLDINGS INC no ticker – 4.0% $32.5m 1.14m +21% added AAL AMERICAN AIRLINES GROUP INC Industrials 2.3% $19.0m 753,148 – new HAN HAWAIIAN HOLDINGS INC – 2.1% $17.2m 1.79m +517% added DAL DELTA AIR LINES INC Industrials 1.9% $15.6m 566,869 −90% reduced RHT1EUR RED HAT INC – 0.6% $5.2m 91,952 +5.8% added SAVEEUR SPIRIT AIRLS INC – 0.6% $4.5m 100,000 0.0% held FNSR FINISAR CORP – 0.5% $4.1m 170,300 0.0% held RP REALPAGE INC – 0.4% $3.3m 140,000 0.0% held NBIS NEBIUS GROUP N.V. Communication Services 0.3% $2.6m 60,000 0.0% held ARUBA NETWORKS INC no ticker – 0.3% $2.5m 140,199 +75% added TANGOE INC no ticker – 0.3% $2.5m 139,106 0.0% held BYD BOYD GAMING CORP Consumer Cyclical 0.3% $2.3m 200,000 0.0% held QCOM QUALCOMM INC Technology 0.2% $1.9m 25,000 0.0% held ELONG INC no ticker – 0.2% $1.7m 80,915 0.0% held CALD CALLIDUS SOFTWARE INC – 0.2% $1.5m 111,942 −7.4% reduced GLOBAL EAGLE ENTMT INC no ticker – 0.2% $1.5m 100,000 – new NEONODE INC no ticker – 0.2% $1.3m 208,632 0.0% held DWREEUR DEMANDWARE INC – 0.2% $1.3m 20,000 −9.1% reduced CHDN CHURCHILL DOWNS INC Consumer Cyclical 0.1% $1.2m 13,301 0.0% held INTERXION HOLDING N.V no ticker – 0.1% $1.2m 50,000 0.0% held CONCUR TECHNOLOGIES INC no ticker – 0.1% $1.1m 11,140 – new INFOBLOX INC no ticker – 0.1% $1.0m 30,559 – new MODNEUR MODEL N INC – 0.1% $886k 75,145 – new AMZN AMAZON COM INC Consumer Cyclical 0.10% $798k 2,000 0.0% held ORBITZ WORLDWIDE INC no ticker – 0.10% $797k 111,000 0.0% held
Exited since Q3 2013 4 rows
Stock Prior weight Prior value U S AIRWAYS GROUP INC no ticker 1.9% $14.3m ALLT ALLOT LTD 0.1% $881k MICROS SYS INC no ticker 0.1% $759k FFIV F5 INC 0.06% $429k
Sector mix Unclassified 35.1% Industrials 28.9% Consumer Cyclical 21.9% Communication Services 13.9% Technology 0.2% Book over time Every quarter on file (59) Where Altimeter Capital Management, LP was early Concentration and tenure
30.8% Median largest position, all quarters The largest single position as a share of the reported equity book.
94.1% Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
Concentrated Style, by median largest position
3 Median completed holding, quarters