Altimeter Capital Management, LP recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
ONE INTERNATIONAL PLACE BOSTON, MA 02110
As of the latest 13F report, the guru’s equity portfolio contained 11 stocks valued at a total of $3.65Bil. The top holdings were SNOW(60.40%), MSFT(10.07%), and UBER(9.43%).
According to GuruFocus data, these were Altimeter Capital Management, LP’s top five trades of the quarter.
Snowflake Inc
Altimeter Capital Management, LP reduced their investment in NYSE:SNOW by 1,632,337 shares. The trade had a 5.93% impact on the equity portfolio. During the quarter, the stock traded for an average price of $152.57.
On 02/17/2023, Snowflake Inc traded for a price of $152.98 per share and a market cap of $49.20Bil. The stock has returned -46.65% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 2 out of 10.
In terms of valuation, Snowflake Inc has a price-book ratio of 9.09, a EV-to-Ebitda ratio of -69.71 and a price-sales ratio of 26.57.
NVIDIA Corp
The guru established a new position worth 442,670 shares in NAS:NVDA, giving the stock a 1.77% weight in the equity portfolio. Shares traded for an average price of $146.65 during the quarter.
On 02/17/2023, NVIDIA Corp traded for a price of $213.27 per share and a market cap of $524.64Bil. The stock has returned -13.60% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, NVIDIA Corp has a price-earnings ratio of 90.75, a price-book ratio of 24.66, a price-earnings-to-growth (PEG) ratio of 2.83, a EV-to-Ebitda ratio of 72.73 and a price-sales ratio of 18.87.
The price-to-GF Value ratio is 0.89, earning the stock a GF Value rank of 7.
PDD Holdings Inc
The guru sold out of their 1,100,000-share investment in NAS:PDD. Previously, the stock had a 1.47% weight in the equity portfolio. Shares traded for an average price of $69.62 during the quarter.
On 02/17/2023, PDD Holdings Inc traded for a price of $93.005 per share and a market cap of $117.59Bil. The stock has returned 56.36% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, PDD Holdings Inc has a price-earnings ratio of 31.01, a price-book ratio of 8.80, a EV-to-Ebitda ratio of 20.71 and a price-sales ratio of 7.67.
The price-to-GF Value ratio is 0.61, earning the stock a GF Value rank of 8.
Meta Platforms Inc
Altimeter Capital Management, LP reduced their investment in NAS:META by 352,500 shares. The trade had a 1.02% impact on the equity portfolio. During the quarter, the stock traded for an average price of $117.43.
On 02/17/2023, Meta Platforms Inc traded for a price of $171.8699 per share and a market cap of $445.60Bil. The stock has returned -17.75% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Meta Platforms Inc has a price-earnings ratio of 20.03, a price-book ratio of 3.57, a price-earnings-to-growth (PEG) ratio of 1.30, a EV-to-Ebitda ratio of 11.52 and a price-sales ratio of 4.04.
The price-to-GF Value ratio is 0.46, earning the stock a GF Value rank of 4.
Tesla Inc
The guru sold out of their 173,000-share investment in NAS:TSLA. Previously, the stock had a 0.98% weight in the equity portfolio. Shares traded for an average price of $189.34 during the quarter.
On 02/17/2023, Tesla Inc traded for a price of $205.8238 per share and a market cap of $651.25Bil. The stock has returned -30.76% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Tesla Inc has a price-earnings ratio of 56.81, a price-book ratio of 14.57, a EV-to-Ebitda ratio of 35.56 and a price-sales ratio of 8.80.
The price-to-GF Value ratio is 0.51, earning the stock a GF Value rank of 4.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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