We are live on
!
Find out more
PCM
Palestra Capital Management Portfolio holdings
AUM
$2.57B
1-Year Est. Return
29.93%
This Fund
S&P 500
This Quarter
Est. Return
+10.67%
1 Year Est. Return
+29.93%
3 Year Est. Return
+164.38%
5 Year Est. Return
+171.56%
10 Year Est. Return
+984.02%
AUM
$1.15B
AUM Growth
-$25.4M
(-2.2%)
Cap. Flow
-$103M
Cap. Flow
% of AUM
-9%
Top 10 Holdings %
Top 10 Hldgs %
47.5%
Holding
41
New
10
Increased
5
Reduced
13
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$56.9M |
| 2 |
Liberty Global Class A
LBTYA
|
+$51.1M |
| 3 |
SEE
Sealed Air
SEE
|
+$47.9M |
| 4 |
Lithia Motors
LAD
|
+$47.7M |
| 5 |
American Airlines Group
AAL
|
+$40.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TC Energy
TRP
|
+$43.6M |
| 2 |
United Airlines
UAL
|
+$39.1M |
| 3 |
Asbury Automotive
ABG
|
+$39.1M |
| 4 |
Dollar General
DG
|
+$36.2M |
| 5 |
Advance Auto Parts
AAP
|
+$33.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 25.58% |
| 2 | Consumer Discretionary | 17.67% |
| 3 | Industrials | 16.78% |
| 4 | Technology | 8.92% |
| 5 | Financials | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Sabre
SABR
$882M
| $22M | 1.92% |
1,084,996
-370,688
| -25% | -$6.71M |
|
27
Cheniere Energy
LNG
$55.7B
| $10.7M | 0.93% |
+152,100
| New | +$10.7M |
|
28
Liberty Global Class C
LBTYK
$3.58B
| $4.35M | 0.38% |
+111,249
| New | +$4.06M |
|
|
29
Asbury Automotive
ABG
$3.88B
| – | – |
-606,651
| Closed | -$39.1M |
|
30
CALL
Crown Castle
CCI
$32.7B
| – | – |
-275,000
| Closed | -$22.1M |
|
|
31
Crown Castle
CCI
$32.7B
| – | – |
-360,000
| Closed | -$29M |
|
|
32
Dollar General
DG
$28.1B
| – | – |
-593,000
| Closed | -$36.2M |
|
33
Huntsman Corp
HUN
$1.78B
| – | – |
-558,100
| Closed | -$14.5M |
|
34
Netflix
NFLX
$307B
| – | – |
-4,970,560
| Closed | -$32M |
|
35
Constellation Brands
STZ
$22.6B
| – | – |
-360,000
| Closed | -$31.4M |
|
|
36
TC Energy
TRP
$66.5B
| – | – |
-847,000
| Closed | -$43.6M |
|
|
37
United Airlines
UAL
$41.9B
| – | – |
-835,494
| Closed | -$39.1M |
|
|
TERP
38
DELISTED
TerraForm Power, Inc
TERP
| – | – |
-430,518
| Closed | -$12.4M |
|
|
ADT
39
CALL
DELISTED
ADT Corp
ADT
| – | – |
-300,000
| Closed | -$10.6M |
|
|
SUNE
40
DELISTED
SUNEDISON, INC COM
SUNE
| – | – |
-1,395,900
| Closed | -$26.4M |
|
|
TWC
41
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| – | – |
-105,800
| Closed | -$15.2M |
|
Similar funds
HWA
DCM
RG
ECP
GFA
LS
AAS
LC
Palestra Capital Management's Q4 2014 Portfolio in Review
As of Q4 2014, Palestra Capital Management held 41 positions worth $1.15B, down 2.2% from $1.17B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Palestra Capital Management withdrew a net $103M in Q4 2014, closing 13 positions and reducing 13 holdings. Its most notable exit was TC Energy, an estimated $43.6M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 26% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Palestra Capital Management opened a new position in Charter Communications worth $59.9M.
- Palestra Capital Management's largest Q4 2014 buy was Charter Communications: 359,750 shares worth $59.9M.
- Palestra Capital Management added most to LPL Financial in Q4 2014, an estimated $21.9M increase.
- Palestra Capital Management's biggest Q4 2014 reduction was Advance Auto Parts, cutting an estimated $33.2M.
- Palestra Capital Management fully exited TC Energy in Q4 2014, selling an estimated $43.6M.
- Palestra Capital Management's ten largest holdings make up 47% of its $1.15B portfolio in Q4 2014.
- Palestra Capital Management opened 10 new positions and closed 13 in Q4 2014.
- Palestra Capital Management's portfolio value fell 2.2% quarter-over-quarter to $1.15B.
Based on Palestra Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.