Palestra Capital Management’s New York Times NYT Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q3	–	Sell	-3,108,231	Closed	-$131M	–	34
2020 Q2	$131M	Sell	3,108,231 -1,972,852	-39%	-$71.7M	3.27%	16
2020 Q1	$156M	Buy	5,081,083 +2,094,310	+70%	+$71.9M	5.06%	9
2019 Q4	$96.1M	Sell	2,986,773 -53,500	-2%	-$1.66M	2.86%	23
2019 Q3	$86.6M	Sell	3,040,273 -661,260	-18%	-$20.9M	2.86%	20
2019 Q2	$121M	Buy	3,701,533 +633,780	+21%	+$21.1M	3.51%	15
2019 Q1	$101M	Buy	+3,067,753	New	+$90.8M	3.3%	16

Other funds holding NYT

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

DCP

Darsana Capital Partners New York $4.7B AUM 50.56% 1-Year Est. Return

JSP

Jackson Square Partners Larkspur, California $247M AUM 20.29% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

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

FCM

Farallon Capital Management San Francisco, California $17.5B AUM 50.95% 1-Year Est. Return

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

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

SEP

Soma Equity Partners San Francisco, California $1.36B AUM 17.09% 1-Year Est. Return

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

Palestra Capital Management sold out of New York Times (NYT) in Q3 2020, closing a stake of 3,108,231 shares — an estimated $131M sold.

Palestra Capital Management first reported a position in NYT in Q1 2019 and held it in 6 quarters. The position peaked at $156M in Q1 2020. 341 funds tracked by Wall St. Rank hold NYT as of Q3 2020.

Palestra Capital Management reported no remaining New York Times position as of Q3 2020 after selling out during the quarter.
Palestra Capital Management sold 3,108,231 New York Times shares in Q3 2020, an estimated $131M.
Palestra Capital Management first reported a position in New York Times in Q1 2019 and held it in 6 quarters.
Palestra Capital Management's New York Times position peaked at $156M in Q1 2020.
341 funds tracked by Wall St. Rank held New York Times as of Q3 2020.

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