Investor: Brad Gerstner
Number of Assets: 23
Reporting Period: Q3 - 2025
Holdings at Report: $7,581,939,536
Return Since Report: -$456,739,935
Return Since Report: -6.02%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alibaba Group Holding Limited (BABA) | Equity | +100% | 969,100 | 2.29% | $178.73 | $151.12 | $173,207,243 | $146,445,547 | -$26,761,697 | -15.45% |
| Pattern Group INC | Equity | +100% | 721,430 | 0.13% | $13.70 | N/A | $9,883,591 | N/A | N/A | N/A |
| Confluent Inc. (CFLT) | Equity | -27.46% | 11,281,793 | 2.95% | $19.80 | $30.14 | $223,379,502 | $339,976,832 | +$116,597,330 | +52.20% |
| PDD Holdings Inc. (PDD) | Equity | +100% | 1,371,680 | 2.39% | $132.17 | $111.10 | $181,294,946 | $152,393,648 | -$28,901,298 | -15.94% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | +23.23% | 1,068,677 | 3.94% | $279.29 | $290.41 | $298,470,799 | $310,354,488 | +$11,883,689 | +3.98% |
| Amazon.com Inc. (AMZN) | Equity | +47.96% | 2,167,474 | 6.28% | $219.57 | $223.03 | $475,912,266 | $483,411,726 | +$7,499,460 | +1.58% |
| Robinhood Markets Inc. (HOOD) | Equity | -19.98% | 2,596,875 | 4.91% | $143.18 | $116.88 | $371,820,563 | $303,522,750 | -$68,297,813 | -18.37% |
| Netskope INC | Equity | +100% | 325,000 | 0.10% | $22.73 | N/A | $7,387,250 | N/A | N/A | N/A |
| Zillow Group Inc. (Z) | Equity | -8.39% | 2,187,421 | 2.22% | $77.05 | $68.25 | $168,540,788 | $149,280,546 | -$19,260,242 | -11.43% |
| Alphabet Inc. (GOOGL) | Equity | +100% | 313,132 | 1.00% | $243.10 | $307.83 | $76,122,389 | $96,391,424 | +$20,269,035 | +26.63% |
| Meta Platforms Inc. (META) | Equity | -0.61% | 1,865,938 | 18.08% | $734.38 | $652.04 | $1,370,307,549 | $1,216,666,214 | -$153,641,335 | -11.21% |
| Coupang Inc. (CPNG) | Equity | -12.32% | 10,024,584 | 4.26% | $32.20 | $24.57 | $322,791,605 | $246,253,906 | -$76,537,699 | -23.71% |
| Arm Holdings PLC (ARM) | Equity | +17.67% | 1,098,139 | 2.05% | $141.49 | $125.69 | $155,375,687 | $138,025,091 | -$17,350,596 | -11.17% |
| Synopsys Inc. (SNPS) | Equity | +100% | 258,280 | 1.68% | $493.39 | $458.42 | $127,432,770 | $118,399,426 | -$9,033,344 | -7.09% |
| Grab Holdings Limited (GRAB) | Warrant | +100% | 3,502,000 | N/A | $0.50 | N/A | $1,763,607 | N/A | N/A | N/A |
| Uber Technologies Inc. (UBER) | Equity | -6.12% | 5,588,792 | 7.22% | $97.97 | $82.38 | $547,533,952 | $460,421,451 | -$87,112,501 | -15.91% |
| Maplebear Inc. (CART) | Equity | -21.15% | 3,324,951 | 1.61% | $36.76 | $45.40 | $122,225,199 | $150,936,151 | +$28,710,952 | +23.49% |
| Gemini Space STA INC | Equity | +100% | 1,600,000 | 0.51% | $23.96 | N/A | $38,336,000 | N/A | N/A | N/A |
| Mercadolibre Inc. (MELI) | Equity | -18.69% | 37,841 | 1.17% | $2,336.94 | $1,976.85 | $88,432,147 | $74,805,792 | -$13,626,355 | -15.41% |
| Nvidia Corp. (NVDA) | Equity | -7.36% | 7,644,898 | 18.82% | $186.58 | $177.18 | $1,426,385,069 | $1,354,484,803 | -$71,900,266 | -5.04% |
| Snowflake Inc. (SNOW) | Equity | -14.06% | 2,428,384 | 7.23% | $225.55 | $214.61 | $547,722,012 | $521,150,633 | -$26,571,379 | -4.85% |
| Broadcom Inc. (AVGO) | Equity | +100% | 744,776 | 3.24% | $329.91 | $340.74 | $245,709,050 | $253,774,974 | +$8,065,924 | +3.28% |
| Microsoft Corp. (MSFT) | Equity | +9.83% | 1,162,092 | 7.94% | $517.95 | $474.26 | $601,905,552 | $551,133,752 | -$50,771,800 | -8.44% |