Funds › Altimeter Capital Management, LP › Q1 2014Altimeter Capital Management, LP 13F holdings, Q1 2014 Altimeter Capital Management, LP disclosed 34 US equity positions worth $964.4m in its Q1 2014 13F filing. Its largest position is NQ MOBILE INC at 11.5% of the reported book, followed by RCL and UAL. Versus Q4 2013 it opened 1 new position, added to 8, reduced 3 and exited 2.
$964m Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
34 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.5% Largest position The largest single position as a share of the reported equity book.
81.6% Top 10 weight The ten largest positions together, as a share of the reported equity book.
13 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 Q4 2013: 1 new , 8 added , 3 reduced , 2 exited
34 rows
Stock Sector Weight Value Shares Δ shares Action NQ MOBILE INC no ticker – 11.5% $111m 6.28m +70% added RCL ROYAL CARIBBEAN CRUISES LTD Consumer Cyclical 10.7% $103m 1.89m 0.0% held UAL UNITED AIRLINES HLDGS INC Industrials 9.5% $91.7m 2.05m +3.7% added EXPE EXPEDIA GROUP INC Consumer Cyclical 9.5% $91.5m 1.26m +1.7% added CAR AVIS BUDGET GROUP INC Industrials 9.4% $91.0m 1.87m 0.0% held PRICELINE GRP INC no ticker – 8.8% $84.6m 70,981 −26% reduced HERTZ GLOBAL HOLDINGS INC no ticker – 6.5% $62.2m 2.34m +106% added ALK ALASKA AIR GROUP INC Industrials 6.4% $62.0m 664,073 −7.1% reduced META META PLATFORMS INC Communication Services 5.0% $47.9m 795,045 −30% reduced GRPN GROUPON INC Communication Services 4.5% $43.1m 5.50m +29% added CTRPUSD CTRIP COM INTL LTD – 4.1% $39.6m 786,258 0.0% held AAL AMERICAN AIRLINES GROUP INC Industrials 2.9% $27.6m 753,148 0.0% held HAN HAWAIIAN HOLDINGS INC – 2.6% $25.0m 1.79m 0.0% held COPA HOLDINGS SA no ticker – 2.3% $22.2m 152,577 – new DAL DELTA AIR LINES INC Industrials 2.0% $19.6m 566,869 0.0% held SAVEEUR SPIRIT AIRLS INC – 0.6% $5.9m 100,000 0.0% held RHT1EUR RED HAT INC – 0.5% $4.9m 91,952 0.0% held FNSR FINISAR CORP – 0.5% $4.5m 170,300 0.0% held BYD BOYD GAMING CORP Consumer Cyclical 0.3% $2.6m 200,000 0.0% held ARUBA NETWORKS INC no ticker – 0.3% $2.6m 140,199 0.0% held TANGOE INC no ticker – 0.3% $2.6m 139,106 0.0% held RP REALPAGE INC – 0.3% $2.5m 140,000 0.0% held NBIS NEBIUS GROUP N.V. Communication Services 0.2% $2.2m 73,967 +23% added QCOM QUALCOMM INC Technology 0.2% $2.0m 25,000 0.0% held AMZN AMAZON COM INC Consumer Cyclical 0.2% $1.7m 5,200 +160% added GLOBAL EAGLE ENTMT INC no ticker – 0.2% $1.6m 100,000 0.0% held INFOBLOX INC no ticker – 0.2% $1.6m 78,059 +155% added ELONG INC no ticker – 0.1% $1.3m 80,915 0.0% held DWREEUR DEMANDWARE INC – 0.1% $1.3m 20,000 0.0% held 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 NEONODE INC no ticker – 0.1% $1.2m 208,632 0.0% held CONCUR TECHNOLOGIES INC no ticker – 0.1% $1.1m 11,140 0.0% held ORBITZ WORLDWIDE INC no ticker – 0.09% $870k 111,000 0.0% held
Exited since Q4 2013 2 rows
Stock Prior weight Prior value CALD CALLIDUS SOFTWARE INC 0.2% $1.5m MODNEUR MODEL N INC 0.1% $886k
Sector mix Unclassified 39.1% Industrials 30.3% Consumer Cyclical 20.7% Communication Services 9.7% 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