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
+18.27%
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
$2.01B
AUM Growth
+$119M
Cap. Flow
-$183M
Cap. Flow %
-9.11%
Top 10 Hldgs %
58.63%
Holding
29
New
6
Increased
4
Reduced
12
Closed
5

Top Buys

Rank Stock Value
1
CRH icon
CRH
CRH
+$127M
2
STZ icon
Constellation Brands
STZ
+$81.8M
3
ALL icon
Allstate
ALL
+$77.8M
4
AER icon
AerCap
AER
+$67.5M
5
T icon
AT&T
T
+$39.1M

Top Sells

Rank Stock Value
1
ATI icon
ATI
ATI
+$90.1M
2
TRU icon
TransUnion
TRU
+$73.2M
3
THO icon
Thor Industries
THO
+$68.2M
4
CRM icon
Salesforce
CRM
+$54.3M
5
PFGC icon
Performance Food Group
PFGC
+$52.7M

Sector Composition

Rank Sector Weight
1 Technology 24.77%
2 Financials 20.26%
3 Communication Services 14.11%
4 Materials 12.09%
5 Consumer Staples 10.52%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NVDA icon
26
NVIDIA
NVDA
$5.42T
– –
-974,290
Closed -$42.4M
PARA
27
DELISTED
Paramount Global Class B
PARA
– –
-575,000
Closed -$7.42M
THO icon
28
Thor Industries
THO
$4.14B
– –
-716,779
Closed -$68.2M
TRU icon
29
TransUnion
TRU
$15.3B
– –
-1,019,774
Closed -$73.2M
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 2023 Portfolio in Review

As of Q4 2023, Palestra Capital Management held 29 positions worth $2.01B, up 6.3% from $1.89B the previous quarter. Its ten largest holdings account for 59% of the portfolio.

Palestra Capital Management withdrew a net $183M in Q4 2023, closing 5 positions and reducing 12 holdings. Its most notable exit was ATI, an estimated $90.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 31% a quarter earlier, followed by Financials and Communication Services.

Against the trend, Palestra Capital Management opened a new position in CRH worth $145M.

  • Palestra Capital Management's largest Q4 2023 buy was CRH: 2,103,289 shares worth $145M.
  • Palestra Capital Management added most to Progressive in Q4 2023, an estimated $27.2M increase.
  • Palestra Capital Management's biggest Q4 2023 reduction was Salesforce, cutting an estimated $54.3M.
  • Palestra Capital Management fully exited ATI in Q4 2023, selling an estimated $90.1M.
  • Palestra Capital Management's ten largest holdings make up 59% of its $2.01B portfolio in Q4 2023.
  • Palestra Capital Management opened 6 new positions and closed 5 in Q4 2023.
  • Palestra Capital Management's portfolio value rose 6.3% quarter-over-quarter to $2.01B.

Based on Palestra Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.