Brad Gerstner of Altimeter Capital is known for his AI tech investing, while Cathie Wood is known for her aggressive growth investing across different sectors.
The latest 13F filings for the second quarter show that there are two stocks common in their portfolios: Snowflake (NYSE:SNOW) and Robinhood (NASDAQ:HOOD)
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares. On Robinhood, the two moved in opposite directions, but both stayed in.
Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%. For this article, we will analyze Snowflake in detail.