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Palestra Capital Management’s Ally Financial ALLY Stock Holding History

Palestra Capital Management’s Portfolio ALLY Stock Details ALLY Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q3 		– Sell
-4,578,225
Closed -$90.8M – 30
2020
Q2 		$90.8M Buy
4,578,225
+3,034,937
+197% +$51.6M 2.28% 24
2020
Q1 		$22.3M Buy
+1,543,288
New +$40.5M 0.72% 26

Other funds holding ALLY

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Harris Associates
Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
OCM
Oaktree Capital Management Los Angeles, California $7.21B AUM 45.97% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return
PIM
Platinum Investment Management Sydney Australia 2000, Australia $407M AUM 87.11% 1-Year Est. Return
Adage Capital Partners
Adage Capital Partners Boston, Massachusetts $71.3B AUM 56.8% 1-Year Est. Return

Palestra Capital Management's ALLY Position: Q3 2020 in Review

Palestra Capital Management sold out of Ally Financial (ALLY) in Q3 2020, closing a stake of 4,578,225 shares — an estimated $90.8M sold.

Palestra Capital Management first reported a position in ALLY in Q1 2020 and held it in 2 quarters. The position peaked at $90.8M in Q2 2020. 422 funds tracked by Wall St. Rank hold ALLY as of Q3 2020.

  • Palestra Capital Management reported no remaining Ally Financial position as of Q3 2020 after selling out during the quarter.
  • Palestra Capital Management sold 4,578,225 Ally Financial shares in Q3 2020, an estimated $90.8M.
  • Palestra Capital Management first reported a position in Ally Financial in Q1 2020 and held it in 2 quarters.
  • Palestra Capital Management's Ally Financial position peaked at $90.8M in Q2 2020.
  • 422 funds tracked by Wall St. Rank held Ally Financial as of Q3 2020.

Based on Palestra Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.