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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
+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
$3.03B
AUM Growth
+$498M
Cap. Flow
+$175M
Cap. Flow %
5.77%
Top 10 Hldgs %
51.91%
Holding
44
New
11
Increased
10
Reduced
8
Closed
8

Top Buys

Rank Stock Value
1
FLUT icon
Flutter Entertainment
FLUT
+$181M
2
CVNA icon
Carvana
CVNA
+$100M
3
SN icon
SharkNinja
SN
+$84.4M
4
META icon
Meta Platforms (Facebook)
META
+$79.7M
5
MMM icon
3M
MMM
+$66M

Top Sells

Rank Stock Value
1
APO icon
Apollo Global Management
APO
+$91.3M
2
ASML icon
ASML
ASML
+$90.1M
3
CRH icon
CRH
CRH
+$88.9M
4
BKNG icon
Booking.com
BKNG
+$78.2M
5
T icon
AT&T
T
+$77.4M

Sector Composition

Rank Sector Weight
1 Technology 22.48%
2 Consumer Discretionary 21.71%
3 Communication Services 18.44%
4 Industrials 11.81%
5 Financials 11.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NVDA icon
26
NVIDIA
NVDA
$5.42T
$41.2M 1.36%
339,002
+60,790
+22% +$7.18M
CHTR icon
27
Charter Communications
CHTR
$18.2B
$35.1M 1.16%
108,200
– –
KWEB icon
28
KraneShares CSI China Internet ETF
KWEB
$5.67B
$33.9M 1.12%
+995,924
New +$26.8M
GEV icon
29
GE Vernova
GEV
$264B
$32.1M 1.06%
125,934
– –
BKNG icon
30
Booking.com
BKNG
$161B
$24.1M 0.8%
143,175
-509,525
-78% -$78.2M
ECHO
31
EchoStar
ECHO
$26.2B
$17.8M 0.59%
717,139
– –
DLTR icon
32
Dollar Tree
DLTR
$25.2B
$15.7M 0.52%
223,700
– –
PARA
33
DELISTED
Paramount Global Class B
PARA
$13.8M 0.45%
+1,298,000
New +$14.1M
WDAY icon
34
Workday
WDAY
$44.4B
$5.98M 0.2%
+24,464
New +$5.78M
PGR icon
35
Progressive
PGR
$125B
$4.34M 0.14%
17,113
-3,945
-19% -$917K
TRU icon
36
TransUnion
TRU
$15.3B
$1.94M 0.06%
+18,556
New +$1.67M
APO icon
37
Apollo Global Management
APO
$73.4B
– –
-772,915
Closed -$91.3M
APP icon
38
Applovin
APP
$116B
– –
-918,256
Closed -$76.4M
ASML icon
39
ASML
ASML
$669B
– –
-88,146
Closed -$90.1M
LPLA icon
40
LPL Financial
LPLA
$28.6B
– –
-14,362
Closed -$4.01M
MU icon
41
Micron Technology
MU
$991B
– –
-216,664
Closed -$28.5M
SHW icon
42
Sherwin-Williams
SHW
$89.8B
– –
-17,191
Closed -$5.13M
T icon
43
AT&T
T
$163B
– –
-4,050,000
Closed -$77.4M
TT icon
44
Trane Technologies
TT
$106B
– –
-228,988
Closed -$75.3M
1
2

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DCM
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RG
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ECP
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GFA
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LS
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AAS
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Palestra Capital Management's Q3 2024 Portfolio in Review

As of Q3 2024, Palestra Capital Management held 44 positions worth $3.03B, up 20% from $2.53B the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Palestra Capital Management deployed $175M of net new capital in Q3 2024, opening 11 new positions and adding to 10 existing holdings. Its largest new stake was Flutter Entertainment: 869,609 shares worth $206M.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Communication Services.

On the sell side, the largest reduction was CRH, an estimated $88.9M trimmed.

  • Palestra Capital Management's largest Q3 2024 buy was Flutter Entertainment: 869,609 shares worth $206M.
  • Palestra Capital Management added most to Meta Platforms (Facebook) in Q3 2024, an estimated $79.7M increase.
  • Palestra Capital Management's biggest Q3 2024 reduction was CRH, cutting an estimated $88.9M.
  • Palestra Capital Management fully exited Apollo Global Management in Q3 2024, selling an estimated $91.3M.
  • Palestra Capital Management's ten largest holdings make up 52% of its $3.03B portfolio in Q3 2024.
  • Palestra Capital Management opened 11 new positions and closed 8 in Q3 2024.
  • Palestra Capital Management's portfolio value rose 20% quarter-over-quarter to $3.03B.

Based on Palestra Capital Management's 13F filing for Q3 2024, filed 14 Nov 2024.