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
+9.22%
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
$3.44B
AUM Growth
+$386M
Cap. Flow
+$118M
Cap. Flow %
3.42%
Top 10 Hldgs %
51.71%
Holding
30
New
6
Increased
8
Reduced
11
Closed
5

Top Buys

Rank Stock Value
1
BA icon
Boeing
BA
+$185M
2
LOW icon
Lowe's Companies
LOW
+$156M
3
VMC icon
Vulcan Materials
VMC
+$133M
4
RCL icon
Royal Caribbean
RCL
+$107M
5
FIS icon
Fidelity National Information Services
FIS
+$99.1M

Top Sells

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$181M
2
BKNG icon
Booking.com
BKNG
+$113M
3
CPRT icon
Copart
CPRT
+$96.2M
4
WP
Worldpay, Inc.
WP
+$91.1M
5
DLTR icon
Dollar Tree
DLTR
+$79.5M

Sector Composition

Rank Sector Weight
1 Communication Services 30.39%
2 Technology 21.77%
3 Consumer Discretionary 18.1%
4 Industrials 15.22%
5 Materials 4.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BKNG icon
26
Booking.com
BKNG
$156B
– –
-1,625,000
Closed -$113M
CPRT icon
27
Copart
CPRT
$26.8B
– –
-6,348,192
Closed -$96.2M
DLTR icon
28
Dollar Tree
DLTR
$24.7B
– –
-757,000
Closed -$79.5M
GOOGL icon
29
Alphabet (Google) Class A
GOOGL
$4.43T
– –
-3,072,700
Closed -$181M
PTC icon
30
PTC
PTC
$15.1B
– –
-785,285
Closed -$72.4M
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 Q2 2019 Portfolio in Review

As of Q2 2019, Palestra Capital Management held 30 positions worth $3.44B, up 13% from $3.06B the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Palestra Capital Management deployed $118M of net new capital in Q2 2019, opening 6 new positions and adding to 8 existing holdings. Its largest new stake was Boeing: 508,205 shares worth $185M.

By sector, the portfolio is most concentrated in Communication Services at 30% of assets, down from 34% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was Worldpay, Inc., an estimated $91.1M trimmed.

  • Palestra Capital Management's largest Q2 2019 buy was Boeing: 508,205 shares worth $185M.
  • Palestra Capital Management added most to Optimum Communications Inc in Q2 2019, an estimated $80M increase.
  • Palestra Capital Management's biggest Q2 2019 reduction was Worldpay, Inc., cutting an estimated $91.1M.
  • Palestra Capital Management fully exited Alphabet (Google) Class A in Q2 2019, selling an estimated $181M.
  • Palestra Capital Management's ten largest holdings make up 52% of its $3.44B portfolio in Q2 2019.
  • Palestra Capital Management opened 6 new positions and closed 5 in Q2 2019.
  • Palestra Capital Management's portfolio value rose 13% quarter-over-quarter to $3.44B.

Based on Palestra Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.