Palestra Capital Management’s Netflix NFLX Stock Holding History

Palestra Capital Management’s Portfolio NFLX Stock Details NFLX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q3	–	Sell	-700,000	Closed	-$30.8M	–	30
2023 Q2	$30.8M	Sell	700,000 -1,386,450	-66%	-$51.1M	1.52%	25
2023 Q1	$72.1M	Buy	+2,086,450	New	+$69M	3.87%	15
2022 Q4	–	Sell	-4,935,620	Closed	-$116M	–	20
2022 Q3	$116M	Buy	+4,935,620	New	+$110M	5.47%	10
2016 Q2	–	Sell	-4,005,000	Closed	-$40.9M	–	35
2016 Q1	$40.9M	Buy	+4,005,000	New	+$39.3M	3.87%	11
2014 Q4	–	Sell	-4,970,560	Closed	-$32M	–	34
2014 Q3	$32M	Buy	+4,970,560	New	+$32.2M	2.74%	21

Other funds holding NFLX

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Palestra Capital Management's NFLX Position: Q3 2023 in Review

Palestra Capital Management sold out of Netflix (NFLX) in Q3 2023, closing a stake of 700,000 shares — an estimated $30.8M sold.

Palestra Capital Management first reported a position in NFLX in Q3 2014 and held it in 5 quarters. The position peaked at $116M in Q3 2022. 2,050 funds tracked by Wall St. Rank hold NFLX as of Q3 2023.

Palestra Capital Management reported no remaining Netflix position as of Q3 2023 after selling out during the quarter.
Palestra Capital Management sold 700,000 Netflix shares in Q3 2023, an estimated $30.8M.
Palestra Capital Management first reported a position in Netflix in Q3 2014 and held it in 5 quarters.
Palestra Capital Management's Netflix position peaked at $116M in Q3 2022.
2,050 funds tracked by Wall St. Rank held Netflix as of Q3 2023.

Based on Palestra Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.