PCM
XYZ

Palestra Capital Management’s Block Inc XYZ Stock Holding History

Palestra Capital Management’s Portfolio XYZ Stock Details XYZ Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2021
Q3 		– Sell
-225,352
Closed -$54.9M – 40
2021
Q2 		$54.9M Sell
225,352
-436,688
-66% -$101M 1.18% 23
2021
Q1 		$150M Buy
+662,040
New +$155M 3.15% 19
2020
Q4 		– Sell
-672,345
Closed -$109M – 38
2020
Q3 		$109M Buy
+672,345
New +$94.9M 2.54% 21

Other funds holding XYZ

Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
Jennison Associates
Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Sands Capital Management
Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
AIM
ARK Investment Management St. Petersburg, Florida $12.9B AUM 64.92% 1-Year Est. Return

Palestra Capital Management's XYZ Position: Q3 2021 in Review

Palestra Capital Management sold out of Block Inc (XYZ) in Q3 2021, closing a stake of 225,352 shares — an estimated $54.9M sold.

Palestra Capital Management first reported a position in XYZ in Q3 2020 and held it in 3 quarters. The position peaked at $150M in Q1 2021. 1,377 funds tracked by Wall St. Rank hold XYZ as of Q3 2021.

  • Palestra Capital Management reported no remaining Block Inc position as of Q3 2021 after selling out during the quarter.
  • Palestra Capital Management sold 225,352 Block Inc shares in Q3 2021, an estimated $54.9M.
  • Palestra Capital Management first reported a position in Block Inc in Q3 2020 and held it in 3 quarters.
  • Palestra Capital Management's Block Inc position peaked at $150M in Q1 2021.
  • 1,377 funds tracked by Wall St. Rank held Block Inc as of Q3 2021.

Based on Palestra Capital Management's 13F filing for Q3 2021, filed 15 Nov 2021.