Palestra Capital Management LLC Quant / Systematic

CIK: 0001568788 · Show all filings

Period: Q3 2013 (← Previous) (Next →)

Filing Date: Nov 14, 2013

Total Value ($000): $368,992 (100.0% shares, 0.0% debt)

Holdings (28)

OPLN KAR AUCTION SVCS INC 6.6%

Value ($000) $24,441 Shares 866,400 Est. Cost $8.45 Unrealized +18.0%

LOW LOWES COS INC 6.0%

Value ($000) $21,977 Shares 461,600 Est. Cost $36.41 Unrealized 0.0%

HUN HUNTSMAN CORP 5.1%

Value ($000) $18,761 Shares 910,300 Est. Cost $18.27 Unrealized -0.1%

— SEMGROUP CORP 4.9%

Value ($000) $18,013 Shares 315,900 Est. Cost $54.36 Unrealized —

— CROWN CASTLE INTL CORP 4.8%

Value ($000) $17,768 Shares 243,300 Est. Cost $73.03 Unrealized —

— TIME WARNER CABLE INC 4.7%

Value ($000) $17,493 Shares 156,750 Est. Cost $111.82 Unrealized —

STZ CONSTELLATION BRANDS INC 4.5%

Value ($000) $16,686 Shares 290,700 Est. Cost $46.60 Unrealized 0.0%

— INGERSOLL-RAND PLC 4.2%

Value ($000) $15,638 Shares 240,800 Est. Cost $64.94 Unrealized —

— AON PLC 4.2%

Value ($000) $15,491 Shares 208,100 Est. Cost $67.65 Unrealized —

— GOOGLE INC 4.1%

Value ($000) $15,232 Shares 17,390 Est. Cost $875.91 Unrealized —

MA MASTERCARD INC 4.1%

Value ($000) $15,121 Shares 22,475 Est. Cost $51.54 Unrealized +13.1%

MDLZ MONDELEZ INTL INC 4.0%

Value ($000) $14,897 Shares 474,100 Est. Cost $23.27 Unrealized +1.9%

COF CAPITAL ONE FINL CORP 3.9%

Value ($000) $14,380 Shares 209,200 Est. Cost $47.23 Unrealized +14.2%

DG DOLLAR GEN CORP NEW 3.8%

Value ($000) $13,917 Shares 246,500 Est. Cost $45.21 Unrealized +5.7%

— TWENTY FIRST CENTY FOX INC 3.7%

Value ($000) $13,679 Shares 408,200 Est. Cost $33.51 Unrealized —

— CBS CORP NEW 3.5%

Value ($000) $13,062 Shares 236,811 Est. Cost $48.87 Unrealized —

— MCGRAW HILL FINL INC 3.5%

Value ($000) $12,757 Shares 194,500 Est. Cost $65.59 Unrealized —

— REALOGY HLDGS CORP 3.3%

Value ($000) $12,248 Shares 284,700 Est. Cost $47.16 Unrealized —

BAC BANK OF AMERICA CORPORATION 3.1%

Value ($000) $11,443 Shares 829,200 Est. Cost $11.23 Unrealized 0.0%

V VISA INC 3.0%

Value ($000) $11,179 Shares 58,500 Est. Cost $40.31 Unrealized +5.0%

— CHARTER COMMUNICATIONS INC D 2.6%

Value ($000) $9,521 Shares 70,650 Est. Cost $124.20 Unrealized —

— MASONITE INTL CORP NEW 2.6%

Value ($000) $9,448 Shares 193,100 Est. Cost $48.93 Unrealized —

— LINKEDIN CORP 2.4%

Value ($000) $8,932 Shares 36,300 Est. Cost $246.06 Unrealized —

HLF HERBALIFE LTD 2.2%

Value ($000) $8,247 Shares 118,200 Est. Cost $30.58 Unrealized 0.0%

NXST NEXSTAR BROADCASTING GROUP I 2.2%

Value ($000) $8,091 Shares 181,800 Est. Cost $26.48 Unrealized 0.0%

PAYX PAYCHEX INC 1.8%

Value ($000) $6,502 Shares 160,000 Est. Cost — Unrealized —

PBI PITNEY BOWES INC 0.9%

Value ($000) $3,183 Shares 175,000 Est. Cost — Unrealized —

LOGI LOGITECH INTL S A 0.2%

Value ($000) $885 Shares 100,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OPLN	KAR AUCTION SVCS INC	866,400	$24,441	6.6%	$8.45	+18.0%	COM	48238T109
LOW	LOWES COS INC	461,600	$21,977	6.0%	$36.41	0.0%	COM	548661107
HUN	HUNTSMAN CORP	910,300	$18,761	5.1%	$18.27	-0.1%	COM	447011107
—	SEMGROUP CORP	315,900	$18,013	4.9%	$54.36	—	CL A	81663A105
—	CROWN CASTLE INTL CORP	243,300	$17,768	4.8%	$73.03	—	COM	228227104
—	TIME WARNER CABLE INC	156,750	$17,493	4.7%	$111.82	—	COM	88732J207
STZ	CONSTELLATION BRANDS INC	290,700	$16,686	4.5%	$46.60	0.0%	CL A	21036P108
—	INGERSOLL-RAND PLC	240,800	$15,638	4.2%	$64.94	—	SHS	G47791101
—	AON PLC	208,100	$15,491	4.2%	$67.65	—	SHS CL A	G0408V102
—	GOOGLE INC	17,390	$15,232	4.1%	$875.91	—	CL A	38259P508
MA	MASTERCARD INC	22,475	$15,121	4.1%	$51.54	+13.1%	CL A	57636Q104
MDLZ	MONDELEZ INTL INC	474,100	$14,897	4.0%	$23.27	+1.9%	CL A	609207105
COF	CAPITAL ONE FINL CORP	209,200	$14,380	3.9%	$47.23	+14.2%	COM	14040H105
DG	DOLLAR GEN CORP NEW	246,500	$13,917	3.8%	$45.21	+5.7%	COM	256677105
—	TWENTY FIRST CENTY FOX INC	408,200	$13,679	3.7%	$33.51	—	CL A	90130A101
—	CBS CORP NEW	236,811	$13,062	3.5%	$48.87	—	CL B	124857202
—	MCGRAW HILL FINL INC	194,500	$12,757	3.5%	$65.59	—	COM	580645109
—	REALOGY HLDGS CORP	284,700	$12,248	3.3%	$47.16	—	COM	75605Y106
BAC	BANK OF AMERICA CORPORATION	829,200	$11,443	3.1%	$11.23	0.0%	COM	060505104
V	VISA INC	58,500	$11,179	3.0%	$40.31	+5.0%	COM CL A	92826C839
—	CHARTER COMMUNICATIONS INC D	70,650	$9,521	2.6%	$124.20	—	CL A NEW	16117M305
—	MASONITE INTL CORP NEW	193,100	$9,448	2.6%	$48.93	—	COM	575385109
—	LINKEDIN CORP	36,300	$8,932	2.4%	$246.06	—	COM CL A	53578A108
HLF	HERBALIFE LTD	118,200	$8,247	2.2%	$30.58	0.0%	COM USD SHS	G4412G101
NXST	NEXSTAR BROADCASTING GROUP I	181,800	$8,091	2.2%	$26.48	0.0%	CL A	65336K103
PAYX	PAYCHEX INC	160,000	$6,502	1.8%	—	—	Call	704326107
PBI	PITNEY BOWES INC	175,000	$3,183	0.9%	—	—	Call	724479100
LOGI	LOGITECH INTL S A	100,000	$885	0.2%	—	—	Call	H50430232