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Palestra Capital Management Portfolio holdings

AUM $2.57B
1-Year Est. Return 29.93%
This Fund
S&P 500
This Quarter Est. Return
+6.1%
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
+$172M
Cap. Flow
+$87.8M
Cap. Flow %
4.92%
Top 10 Hldgs %
60.72%
Holding
29
New
6
Increased
7
Reduced
8
Closed
8

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$72.8M
2
ADSK icon
Autodesk
ADSK
+$66.8M
3
AVGO icon
Broadcom
AVGO
+$65M
4
BA icon
Boeing
BA
+$60.9M
5
NUE icon
Nucor
NUE
+$50.6M

Top Sells

Rank Stock Value
1
PX
Praxair Inc
PX
+$77.5M
2
TTWO icon
Take-Two Interactive
TTWO
+$71.8M
3
FMC icon
FMC
FMC
+$65.1M
4
CHTR icon
Charter Communications
CHTR
+$45.1M
5
RTX icon
RTX Corp
RTX
+$39.9M

Sector Composition

Rank Sector Weight
1 Communication Services 30.63%
2 Technology 25.01%
3 Consumer Discretionary 17.48%
4 Materials 15.63%
5 Industrials 7.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RTX icon
26
RTX Corp
RTX
$290B
– –
-545,663
Closed -$39.9M
TTWO icon
27
Take-Two Interactive
TTWO
$46.1B
– –
-702,636
Closed -$71.8M
USFD icon
28
US Foods
USFD
$21.9B
– –
-1,400,000
Closed -$37.4M
PX
29
DELISTED
Praxair Inc
PX
– –
-554,900
Closed -$77.5M
1
2

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RG
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Palestra Capital Management's Q4 2017 Portfolio in Review

As of Q4 2017, Palestra Capital Management held 29 positions worth $1.78B, up 11% from $1.61B the previous quarter. Its ten largest holdings account for 61% of the portfolio.

Palestra Capital Management deployed $87.8M of net new capital in Q4 2017, opening 6 new positions and adding to 7 existing holdings. Its largest new stake was Meta Platforms (Facebook): 412,000 shares worth $72.7M.

By sector, the portfolio is most concentrated in Communication Services at 31% of assets, up from 26% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was Restaurant Brands International, an estimated $31.2M trimmed.

  • Palestra Capital Management's largest Q4 2017 buy was Meta Platforms (Facebook): 412,000 shares worth $72.7M.
  • Palestra Capital Management added most to T-Mobile US in Q4 2017, an estimated $49M increase.
  • Palestra Capital Management's biggest Q4 2017 reduction was Restaurant Brands International, cutting an estimated $31.2M.
  • Palestra Capital Management fully exited Praxair Inc in Q4 2017, selling an estimated $77.5M.
  • Palestra Capital Management's ten largest holdings make up 61% of its $1.78B portfolio in Q4 2017.
  • Palestra Capital Management opened 6 new positions and closed 8 in Q4 2017.
  • Palestra Capital Management's portfolio value rose 11% quarter-over-quarter to $1.78B.

Based on Palestra Capital Management's 13F filing for Q4 2017, filed 14 Feb 2018.