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
+7.36%
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
$1.61B
AUM Growth
+$312M
Cap. Flow
+$216M
Cap. Flow %
13.42%
Top 10 Hldgs %
55.85%
Holding
30
New
7
Increased
9
Reduced
7
Closed
7

Top Buys

Rank Stock Value
1
CMCSA icon
Comcast
CMCSA
+$122M
2
MGM icon
MGM Resorts International
MGM
+$67.2M
3
DD icon
DuPont de Nemours
DD
+$49.3M
4
NBIS
Nebius Group N.V.
NBIS
+$41.5M
5
RTX icon
RTX Corp
RTX
+$40.4M

Top Sells

Rank Stock Value
1
V icon
Visa
V
+$70.8M
2
WMT icon
Walmart Inc
WMT
+$68.9M
3
RNG icon
RingCentral
RNG
+$43.1M
4
SSNC icon
SS&C Technologies
SSNC
+$38.3M
5
FMC icon
FMC
FMC
+$24.3M

Sector Composition

Rank Sector Weight
1 Communication Services 26.36%
2 Consumer Discretionary 22.72%
3 Materials 19.5%
4 Technology 16.18%
5 Industrials 6.5%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SSNC icon
26
SS&C Technologies
SSNC
$18.6B
– –
-996,815
Closed -$38.3M
V icon
27
Visa
V
$683B
– –
-755,000
Closed -$70.8M
WMT icon
28
Walmart Inc
WMT
$879B
– –
-2,730,000
Closed -$68.9M
CLGX
29
DELISTED
Corelogic, Inc.
CLGX
– –
-55,000
Closed -$2.39M
CCN
30
DELISTED
CardConnect Corp.
CCN
– –
-320,000
Closed -$4.82M
1
2

Similar funds

GWP
Gateway Wealth Partners Appleton, Wisconsin $2.57B AUM 16.81% 1-Year Est. Return
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
YDMI
Y.D. More Investments Ramat Gan, Israel $2.55B AUM 104.35% 1-Year Est. Return

Palestra Capital Management's Q3 2017 Portfolio in Review

As of Q3 2017, Palestra Capital Management held 30 positions worth $1.61B, up 24% from $1.3B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Palestra Capital Management deployed $216M of net new capital in Q3 2017, opening 7 new positions and adding to 9 existing holdings. Its largest new stake was Comcast: 3,107,000 shares worth $120M.

By sector, the portfolio is most concentrated in Communication Services at 26% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Materials.

On the sell side, the largest reduction was FMC, an estimated $24.3M trimmed.

  • Palestra Capital Management's largest Q3 2017 buy was Comcast: 3,107,000 shares worth $120M.
  • Palestra Capital Management added most to DuPont de Nemours in Q3 2017, an estimated $49.3M increase.
  • Palestra Capital Management's biggest Q3 2017 reduction was FMC, cutting an estimated $24.3M.
  • Palestra Capital Management fully exited Visa in Q3 2017, selling an estimated $70.8M.
  • Palestra Capital Management's ten largest holdings make up 56% of its $1.61B portfolio in Q3 2017.
  • Palestra Capital Management opened 7 new positions and closed 7 in Q3 2017.
  • Palestra Capital Management's portfolio value rose 24% quarter-over-quarter to $1.61B.

Based on Palestra Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.