Palestra Capital Management LLC Quant / Systematic

Location: New York, NY

CIK: 0001568788 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value: $779M (100.0% shares, 0.0% debt)

Holdings (28)

OPLN KAR AUCTION SVCS INC 6.2%

Value $48.04M Shares 1,582,935 Est. Cost $9.61 Unrealized +16.7%

— MCGRAW HILL FINL INC 5.4%

Value $41.71M Shares 546,700 Est. Cost $73.01 Unrealized —

— SEMGROUP CORP 5.4%

Value $41.67M Shares 634,439 Est. Cost $59.94 Unrealized —

ALLE ALLEGION PUB LTD CO 4.8%

Value $37.62M Shares 721,106 Est. Cost $40.88 Unrealized +8.4%

CMCSA COMCAST CORP NEW 4.5%

Value $35.07M Shares 700,832 Est. Cost $19.42 Unrealized +2.7%

AAL AMERICAN AIRLS GROUP INC 4.5%

Value $34.82M Shares 951,489 Est. Cost $32.09 Unrealized 0.0%

STZ CONSTELLATION BRANDS INC 4.4%

Value $34.45M Shares 405,500 Est. Cost $50.97 Unrealized +33.6%

— GOOGLE INC 4.3%

Value $33.62M Shares 30,166 Est. Cost $982.69 Unrealized —

URI UNITED RENTALS INC 4.2%

Value $32.68M Shares 344,200 Est. Cost $82.10 Unrealized 0.0%

— TWENTY FIRST CENTY FOX INC 4.1%

Value $32.07M Shares 1,030,645 Est. Cost $31.12 Unrealized —

BPOP POPULAR INC 4.0%

Value $31.46M Shares 1,015,137 Est. Cost $21.45 Unrealized 0.0%

AAP ADVANCE AUTO PARTS INC 4.0%

Value $31.25M Shares 247,000 Est. Cost $105.89 Unrealized 0.0%

LOW LOWES COS INC 3.8%

Value $29.45M Shares 602,300 Est. Cost $37.13 Unrealized +5.1%

— CROWN CASTLE INTL CORP 3.7%

Value $28.68M Shares 388,777 Est. Cost $73.26 Unrealized —

EBAY EBAY INC 3.7%

Value $28.62M Shares 518,111 Est. Cost $20.28 Unrealized +1.9%

ADBE ADOBE SYS INC 3.4%

Value $26.75M Shares 406,958 Est. Cost $64.14 Unrealized 0.0%

NXPI NXP SEMICONDUCTORS N V 3.4%

Value $26.3M Shares 447,254 Est. Cost $46.36 Unrealized 0.0%

— MONSANTO CO NEW 3.1%

Value $23.79M Shares 209,122 Est. Cost $116.40 Unrealized —

— CANADIAN PAC RY LTD 3.0%

Value $23.65M Shares 157,850 Est. Cost $149.83 Unrealized —

HLF HERBALIFE LTD 3.0%

Value $23.54M Shares 411,000 Est. Cost $32.60 Unrealized +1.0%

SNA SNAP ON INC 2.9%

Value $22.47M Shares 198,000 Est. Cost $82.99 Unrealized 0.0%

MU MICRON TECHNOLOGY INC 2.8%

Value $22.16M Shares 936,815 Est. Cost $20.61 Unrealized +12.5%

ABG ASBURY AUTOMOTIVE GROUP INC 2.8%

Value $22.12M Shares 400,000 Est. Cost $50.99 Unrealized 0.0%

HUN HUNTSMAN CORP 2.8%

Value $21.55M Shares 882,540 Est. Cost $19.40 Unrealized +19.7%

— GNC HLDGS INC 2.6%

Value $20.34M Shares 462,000 Est. Cost $44.02 Unrealized —

HRB BLOCK H & R INC 1.9%

Value $14.49M Shares 479,988 Est. Cost $19.54 Unrealized 0.0%

— WORLD WRESTLING ENTMT INC 1.1%

Value $8.735M Shares 302,449 Est. Cost $28.88 Unrealized —

— TWENTY FIRST CENTY FOX INC 0.2%

Value $1.696M Shares 53,051 Est. Cost $34.06 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OPLN	KAR AUCTION SVCS INC	1,582,935	$48.04M	6.2%	$9.61	+16.7%	COM	48238T109
—	MCGRAW HILL FINL INC	546,700	$41.71M	5.4%	$73.01	—	COM	580645109
—	SEMGROUP CORP	634,439	$41.67M	5.4%	$59.94	—	CL A	81663A105
ALLE	ALLEGION PUB LTD CO	721,106	$37.62M	4.8%	$40.88	+8.4%	ORD SHS	G0176J109
CMCSA	COMCAST CORP NEW	700,832	$35.07M	4.5%	$19.42	+2.7%	CL A	20030N101
AAL	AMERICAN AIRLS GROUP INC	951,489	$34.82M	4.5%	$32.09	0.0%	COM	02376R102
STZ	CONSTELLATION BRANDS INC	405,500	$34.45M	4.4%	$50.97	+33.6%	CL A	21036P108
—	GOOGLE INC	30,166	$33.62M	4.3%	$982.69	—	CL A	38259P508
URI	UNITED RENTALS INC	344,200	$32.68M	4.2%	$82.10	0.0%	COM	911363109
—	TWENTY FIRST CENTY FOX INC	1,030,645	$32.07M	4.1%	$31.12	—	CL B	90130A200
BPOP	POPULAR INC	1,015,137	$31.46M	4.0%	$21.45	0.0%	COM NEW	733174700
AAP	ADVANCE AUTO PARTS INC	247,000	$31.25M	4.0%	$105.89	0.0%	COM	00751Y106
LOW	LOWES COS INC	602,300	$29.45M	3.8%	$37.13	+5.1%	COM	548661107
—	CROWN CASTLE INTL CORP	388,777	$28.68M	3.7%	$73.26	—	COM	228227104
EBAY	EBAY INC	518,111	$28.62M	3.7%	$20.28	+1.9%	COM	278642103
ADBE	ADOBE SYS INC	406,958	$26.75M	3.4%	$64.14	0.0%	COM	00724F101
NXPI	NXP SEMICONDUCTORS N V	447,254	$26.3M	3.4%	$46.36	0.0%	COM	N6596X109
—	MONSANTO CO NEW	209,122	$23.79M	3.1%	$116.40	—	COM	61166W101
—	CANADIAN PAC RY LTD	157,850	$23.65M	3.0%	$149.83	—	COM	13645T100
HLF	HERBALIFE LTD	411,000	$23.54M	3.0%	$32.60	+1.0%	COM USD SHS	G4412G101
SNA	SNAP ON INC	198,000	$22.47M	2.9%	$82.99	0.0%	COM	833034101
MU	MICRON TECHNOLOGY INC	936,815	$22.16M	2.8%	$20.61	+12.5%	COM	595112103
ABG	ASBURY AUTOMOTIVE GROUP INC	400,000	$22.12M	2.8%	$50.99	0.0%	COM	043436104
HUN	HUNTSMAN CORP	882,540	$21.55M	2.8%	$19.40	+19.7%	COM	447011107
—	GNC HLDGS INC	462,000	$20.34M	2.6%	$44.02	—	COM CL A	36191G107
HRB	BLOCK H & R INC	479,988	$14.49M	1.9%	$19.54	0.0%	COM	093671105
—	WORLD WRESTLING ENTMT INC	302,449	$8.735M	1.1%	$28.88	—	CL A	98156Q108
—	TWENTY FIRST CENTY FOX INC	53,051	$1.696M	0.2%	$34.06	—	CL A	90130A101