Brad Gerstner's AI Stock Portfolio
Founder of Altimeter Capital and a prominent public voice on the AI capex cycle, best known for a very large NVIDIA position. This page filters Altimeter Capital's Q2 2026 13F filing through the Supercycle universe: 19 of its reported positions are AI buildout companies, together 100.0% of the portfolio by value.
From the 13F-HR filed for the quarter ended . 13F filings cover long US-listed positions only and lag the quarter by up to 45 days; positions may have changed since. Not investment advice.
AI holdings, scored
| # | Holding | Value | % of portfolio | AI score | Layer | Q/Q |
|---|---|---|---|---|---|---|
| 1 | NVDANVIDIA | $1.88B | 19.2% | 97 | Semiconductors | Added +1% |
| 2 | CBRSCerebras Systems | $1.60B | 16.2% | 100 | Semiconductors | New |
| 3 | METAMeta Platforms | $763.25M | 7.8% | 60 | Foundation Models | Trimmed -31% |
| 4 | TSMTaiwan Semiconductor | $682.62M | 6.9% | 78 | Chip Equipment & Foundries | Added +5% |
| 5 | CRWVCoreWeave | $604.58M | 6.2% | 97 | Neoclouds | Added +35% |
| 6 | ARMArm Holdings | $582.19M | 5.9% | 55 | Semiconductors | Trimmed -4% |
| 7 | AMZNAmazon | $578.06M | 5.9% | 58 | Cloud & Hyperscalers | Added +16% |
| 8 | UBERUber Technologies | $532.00M | 5.4% | 20 | Autonomous Vehicles | Trimmed -8% |
| 9 | SNOWSnowflake | $490.23M | 5.0% | 45 | Cloud & Hyperscalers | Unchanged |
| 10 | MSFTMicrosoft | $473.02M | 4.8% | 75 | Cloud & Hyperscalers | Added +7% |
| 11 | QCOMQualcomm | $347.87M | 3.5% | 45 | Semiconductors | New |
| 12 | SPCXSpaceX | $303.53M | 3.1% | 35 | Defense & Aerospace AI | New |
| 13 | MUMicron Technology | $241.85M | 2.5% | 78 | Memory & Storage | New |
| 14 | AMATApplied Materials | $189.39M | 1.9% | 78 | Chip Equipment & Foundries | New |
| 15 | KLACKLA Corporation | $174.46M | 1.8% | 50 | Chip Equipment & Foundries | New |
| 16 | LRCXLam Research | $170.77M | 1.7% | 50 | Chip Equipment & Foundries | New |
| 17 | HOODRobinhood Markets | $90.22M | 0.9% | 8 | AI Applications | Unchanged |
| 18 | GOOGLAlphabet | $62.60M | 0.6% | 70 | Cloud & Hyperscalers | New |
| 19 | SNPSSynopsys | $62.60M | 0.6% | 60 | Semiconductors | New |
Where the AI money sits in the buildout
What changed: Q1 2026 to Q2 2026
- Added NVDA (+1% shares)
- New CBRS
- Trimmed META (-31% shares)
- Added TSM (+5% shares)
- Added CRWV (+35% shares)
- Trimmed ARM (-4% shares)
- Added AMZN (+16% shares)
- Trimmed UBER (-8% shares)
- Added MSFT (+7% shares)
- New QCOM
- New SPCX
- New MU
- New AMAT
- New KLAC
- New LRCX
- New GOOGL
- New SNPS
- Exited AXON (was $63.27M)
- Exited AVGO (was $20.77M)
Frequently asked questions
What is Brad Gerstner's biggest AI stock?
In the Q2 2026 13F, Altimeter Capital's largest tracked AI position is NVIDIA (NVDA) at $1.88B, 19.2% of the reported portfolio. NVDA carries an AI Exposure Score of 97.
How much of Brad Gerstner's portfolio is in AI stocks?
100.0% of Altimeter Capital's Q2 2026 13F value ($9.83B of $9.83B) is in companies in the Supercycle AI universe, with a value-weighted AI Exposure Score of 73 (Core tier).
What did Brad Gerstner change last quarter?
Between Q1 2026 and Q2 2026: added NVDA, new CBRS, trimmed META, added TSM, added CRWV, trimmed ARM, added AMZN, trimmed UBER, added MSFT, new QCOM, new SPCX, new MU, new AMAT, new KLAC, new LRCX, new GOOGL, new SNPS, exited AXON, exited AVGO.