Altimeter's 20-stock portfolio is 56% concentrated in five AI names

As seen on the 24/7 Wall St. homepage on August 14, 2026.

Portfolio concentration Brad Gerstner Altimeter Capital Management
56.3% in the top 5 names · 20 long positions disclosed
  • NVDANVIDIA CORPORATION
    19.2%
  • CEREBRAS SYSTEMS INC
    16.2%
  • METAMETA PLATFORMS INC
    7.8%
  • TSMTAIWAN SEMICONDUCTOR MFG LTD
    6.9%
  • CRWVCOREWEAVE INC
    6.2%

As of Jun 30, 2026 · disclosed Aug 14, 2026 · ~45 days stale — long positions only.

Brad Gerstner's Altimeter had 56% of its 20-stock book in five names as of June 30, with NVIDIA and Cerebras alone making up more than a third. That is an undiluted AI hardware bet, spanning chips, foundry, and cloud compute, disclosed roughly 45 days after the fact.

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Brad Gerstner's Altimeter Capital Management put 56.3% of its book into just five names as of June 30, showing where his highest-conviction bets sit heading into the second half of 2026.

NVIDIA and Cerebras Systems together account for more than a third of everything Altimeter owns, spanning both ends of the AI chip market: established GPU compute and emerging wafer-scale processors.

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The next three positions, Meta Platforms, Taiwan Semiconductor and CoreWeave, fill out a vertically integrated AI infrastructure thesis covering the model layer, the foundry and the cloud layer that rents GPU capacity.

This disclosure arrived on August 14 under the standard SEC 13F reporting lag, so any position changes made in July or August will not appear until the next filing.

Mentioned: NVDA, META, TSM, CRWV