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
+6.43%
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
$1.78B
AUM Growth
+$727M
Cap. Flow
+$672M
Cap. Flow %
37.79%
Top 10 Hldgs %
71.34%
Holding
30
New
8
Increased
5
Reduced
8
Closed
8

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$72.8M
2
PX
Praxair Inc
PX
+$55.9M
3
WFC icon
Wells Fargo
WFC
+$51.9M
4
ADNT icon
Adient
ADNT
+$49.1M
5
MDLZ icon
Mondelez International
MDLZ
+$44.8M

Top Sells

Rank Stock Value
1
NWL icon
Newell Brands
NWL
+$59.2M
2
SABR icon
Sabre
SABR
+$57.1M
3
LAD icon
Lithia Motors
LAD
+$48.9M
4
AMTD
TD Ameritrade Holding Corp
AMTD
+$42.3M
5
DISH
DISH Network Corp.
DISH
+$41.6M

Sector Composition

Rank Sector Weight
1 Technology 13.3%
2 Communication Services 13.22%
3 Materials 9.64%
4 Consumer Discretionary 9.05%
5 Consumer Staples 4.66%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NWL icon
26
Newell Brands
NWL
$2.62B
– –
-1,124,400
Closed -$59.2M
SABR icon
27
Sabre
SABR
$858M
– –
-2,025,000
Closed -$57.1M
CPAY icon
28
Corpay
CPAY
$25.8B
– –
-190,000
Closed -$33M
AMTD
29
DELISTED
TD Ameritrade Holding Corp
AMTD
– –
-1,200,000
Closed -$42.3M
DISH
30
DELISTED
DISH Network Corp.
DISH
– –
-760,272
Closed -$41.6M
1
2

Similar funds

HWA
Heritage Wealth Advisors Richmond, Virginia $2.56B AUM 19.48% 1-Year Est. Return
DCM
Dorsal Capital Management Redwood City, California $2.57B AUM 3.13% 1-Year Est. Return
RG
Rakuten Group Setagaya-Ku, Tokyo, Japan $2.58B AUM 250.19% 1-Year Est. Return
ECP
Electron Capital Partners New York $2.55B AUM 87.77% 1-Year Est. Return
GFA
Gallagher Fiduciary Advisors Rolling Meadows, Illinois $2.58B AUM 8.97% 1-Year Est. Return
LS
Livforsakringsbolaget Skandia Stockholm, Sweden $2.58B AUM 30.64% 1-Year Est. Return
AAS
Ameritas Advisory Services Lincoln, Nebraska $2.58B AUM 18.84% 1-Year Est. Return
LC
L1 Capital Melbourne VIC 3000, Australia $2.55B AUM 80.12% 1-Year Est. Return

Palestra Capital Management's Q4 2016 Portfolio in Review

As of Q4 2016, Palestra Capital Management held 30 positions worth $1.78B, up 69% from $1.05B the previous quarter. Its ten largest holdings account for 71% of the portfolio.

Palestra Capital Management deployed $672M of net new capital in Q4 2016, opening 8 new positions and adding to 5 existing holdings. Its largest new stake was Alphabet (Google) Class A: 1,822,000 shares worth $72.2M.

By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 30% a quarter earlier, followed by Communication Services and Materials.

On the sell side, the largest reduction was SS&C Technologies, an estimated $18.9M trimmed.

  • Palestra Capital Management's largest Q4 2016 buy was Alphabet (Google) Class A: 1,822,000 shares worth $72.2M.
  • Palestra Capital Management added most to First Data Corporation in Q4 2016, an estimated $24.1M increase.
  • Palestra Capital Management's biggest Q4 2016 reduction was SS&C Technologies, cutting an estimated $18.9M.
  • Palestra Capital Management fully exited Newell Brands in Q4 2016, selling an estimated $59.2M.
  • Palestra Capital Management's ten largest holdings make up 71% of its $1.78B portfolio in Q4 2016.
  • Palestra Capital Management opened 8 new positions and closed 8 in Q4 2016.
  • Palestra Capital Management's portfolio value rose 69% quarter-over-quarter to $1.78B.

Based on Palestra Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.