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
+19.71%
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
$3.06B
AUM Growth
+$972M
Cap. Flow
+$590M
Cap. Flow %
19.32%
Top 10 Hldgs %
53.61%
Holding
30
New
11
Increased
4
Reduced
9
Closed
6

Top Buys

Rank Stock Value
1
BKI
Black Knight, Inc. Common Stock
BKI
+$151M
2
DIS icon
Walt Disney
DIS
+$140M
3
OPTU
Optimum Communications Inc
OPTU
+$120M
4
BKNG icon
Booking.com
BKNG
+$116M
5
V icon
Visa
V
+$105M

Top Sells

Rank Stock Value
1
FDC
First Data Corporation
FDC
+$173M
2
SHW icon
Sherwin-Williams
SHW
+$106M
3
SSNC icon
SS&C Technologies
SSNC
+$104M
4
TMUS icon
T-Mobile US
TMUS
+$76.8M
5
BA icon
Boeing
BA
+$71.3M

Sector Composition

Rank Sector Weight
1 Communication Services 34.47%
2 Technology 21.76%
3 Industrials 13.44%
4 Consumer Discretionary 13.35%
5 Consumer Staples 5.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WP
1
DELISTED
Worldpay, Inc.
WP
$234M 7.66%
2,061,035
+308,035
+18% +$27.9M
CPAY icon
2
Corpay
CPAY
$24.2B
$186M 6.08%
752,790
-77,910
-9% -$16.9M
GOOGL icon
3
Alphabet (Google) Class A
GOOGL
$3.91T
$181M 5.92%
3,072,700
-945,300
-24% -$53.4M
BKI
4
DELISTED
Black Knight, Inc. Common Stock
BKI
$163M 5.34%
+2,995,325
New +$151M
TMUS icon
5
T-Mobile US
TMUS
$193B
$160M 5.25%
2,319,870
-1,097,130
-32% -$76.8M
NSC icon
6
Norfolk Southern
NSC
$78.8B
$157M 5.15%
841,440
+213,640
+34% +$37M
UNP icon
7
Union Pacific
UNP
$183B
$157M 5.14%
940,040
+462,840
+97% +$74.5M
DIS icon
8
Walt Disney
DIS
$165B
$139M 4.54%
+1,249,760
New +$140M
MSFT icon
9
Microsoft
MSFT
$2.84T
$133M 4.36%
1,129,950
-454,650
-29% -$49.6M
INFO
10
DELISTED
IHS Markit Ltd. Common Shares
INFO
$128M 4.18%
2,345,905
-24,595
-1% -$1.29M
OPTU
11
Optimum Communications Inc
OPTU
$316M
$127M 4.16%
+5,918,670
New +$120M
CMCSA icon
12
Comcast
CMCSA
$79.1B
$126M 4.13%
3,158,115
-719,385
-19% -$27.1M
V icon
13
Visa
V
$677B
$114M 3.73%
+729,478
New +$105M
BKNG icon
14
Booking.com
BKNG
$138B
$113M 3.71%
+1,625,000
New +$116M
ADBE icon
15
Adobe
ADBE
$89.5B
$110M 3.61%
+413,640
New +$104M
NYT icon
16
New York Times
NYT
$11.6B
$101M 3.3%
+3,067,753
New +$90.8M
HLT icon
17
Hilton Worldwide
HLT
$74B
$101M 3.29%
1,209,950
-688,550
-36% -$53.9M
KMX icon
18
CarMax
KMX
$8.27B
$100M 3.28%
+1,434,682
New +$88.4M
CPRT icon
19
Copart
CPRT
$25.9B
$96.2M 3.15%
6,348,192
-4,194,948
-40% -$57M
GRA
20
DELISTED
W.R. Grace & Co.
GRA
$93.6M 3.06%
+1,199,815
New +$88.4M
TTWO icon
21
Take-Two Interactive
TTWO
$43B
$91.7M 3%
971,225
+964,925
+15,316% +$93.5M
USFD icon
22
US Foods
USFD
$21.4B
$91.5M 3%
+2,622,417
New +$90M
DLTR icon
23
Dollar Tree
DLTR
$23.1B
$79.5M 2.6%
+757,000
New +$74.3M
PTC icon
24
PTC
PTC
$13.7B
$72.4M 2.37%
785,285
-219,670
-22% -$19.4M
BA icon
25
Boeing
BA
$165B
– –
-221,000
Closed -$71.3M
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 Q1 2019 Portfolio in Review

As of Q1 2019, Palestra Capital Management held 30 positions worth $3.06B, up 47% from $2.08B the previous quarter. Its ten largest holdings account for 54% of the portfolio.

Palestra Capital Management deployed $590M of net new capital in Q1 2019, opening 11 new positions and adding to 4 existing holdings. Its largest new stake was Black Knight, Inc. Common Stock: 2,995,325 shares worth $163M.

By sector, the portfolio is most concentrated in Communication Services at 34% of assets, up from 32% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was T-Mobile US, an estimated $76.8M trimmed.

  • Palestra Capital Management's largest Q1 2019 buy was Black Knight, Inc. Common Stock: 2,995,325 shares worth $163M.
  • Palestra Capital Management added most to Take-Two Interactive in Q1 2019, an estimated $93.5M increase.
  • Palestra Capital Management's biggest Q1 2019 reduction was T-Mobile US, cutting an estimated $76.8M.
  • Palestra Capital Management fully exited First Data Corporation in Q1 2019, selling an estimated $173M.
  • Palestra Capital Management's ten largest holdings make up 54% of its $3.06B portfolio in Q1 2019.
  • Palestra Capital Management opened 11 new positions and closed 6 in Q1 2019.
  • Palestra Capital Management's portfolio value rose 47% quarter-over-quarter to $3.06B.

Based on Palestra Capital Management's 13F filing for Q1 2019, filed 15 May 2019.