Palestra Capital Management LLC Quant / Systematic

CIK: 0001568788 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Nov 14, 2014

Total Value ($000): $1,171,330 (100.0% shares, 0.0% debt)

Holdings (32)

— MCGRAW HILL FINL INC 6.0%

Value ($000) $70,203 Shares 831,300 Est. Cost $76.47 Unrealized —

— SEMGROUP CORP 5.4%

Value ($000) $63,114 Shares 757,939 Est. Cost $63.14 Unrealized —

AAP ADVANCE AUTO PARTS INC 5.1%

Value ($000) $60,066 Shares 460,980 Est. Cost $108.04 Unrealized +6.0%

MHK MOHAWK INDS INC 5.1%

Value ($000) $59,995 Shares 445,000 Est. Cost $136.09 Unrealized +1.0%

BIDU BAIDU INC 4.9%

Value ($000) $57,722 Shares 264,500 Est. Cost $196.28 Unrealized —

— SBA COMMUNICATIONS CORP 4.6%

Value ($000) $53,787 Shares 485,000 Est. Cost $110.90 Unrealized —

— MONSANTO CO NEW 4.5%

Value ($000) $52,878 Shares 469,984 Est. Cost $120.54 Unrealized —

CMCSA COMCAST CORP NEW 3.9%

Value ($000) $45,193 Shares 840,332 Est. Cost $19.67 Unrealized +7.7%

— TRANSCANADA CORP 3.7%

Value ($000) $43,646 Shares 847,000 Est. Cost $51.53 Unrealized —

GPN GLOBAL PMTS INC 3.6%

Value ($000) $42,631 Shares 610,055 Est. Cost $33.95 Unrealized 0.0%

— TWENTY FIRST CENTY FOX INC 3.5%

Value ($000) $41,532 Shares 1,246,845 Est. Cost $31.53 Unrealized —

ALLE ALLEGION PUB LTD CO 3.4%

Value ($000) $39,860 Shares 836,690 Est. Cost $41.76 Unrealized +11.0%

UAL UNITED CONTL HLDGS INC 3.3%

Value ($000) $39,093 Shares 835,494 Est. Cost $46.41 Unrealized 0.0%

ABG ASBURY AUTOMOTIVE GROUP INC 3.3%

Value ($000) $39,080 Shares 606,651 Est. Cost $55.53 Unrealized +24.3%

MU MICRON TECHNOLOGY INC 3.2%

Value ($000) $37,673 Shares 1,099,615 Est. Cost $22.72 Unrealized +39.1%

LPLA LPL FINL HLDGS INC 3.1%

Value ($000) $36,433 Shares 791,161 Est. Cost $48.50 Unrealized -0.6%

DG DOLLAR GEN CORP NEW 3.1%

Value ($000) $36,238 Shares 593,000 Est. Cost $52.06 Unrealized 0.0%

— GOOGLE INC 3.1%

Value ($000) $35,907 Shares 62,191 Est. Cost $575.88 Unrealized —

— CANADIAN PAC RY LTD 3.0%

Value ($000) $34,974 Shares 168,504 Est. Cost $161.69 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 2.8%

Value ($000) $32,349 Shares 1,879,666 Est. Cost $15.99 Unrealized +8.5%

NFLX NETFLIX INC 2.7%

Value ($000) $32,037 Shares 71,008 Est. Cost $6.49 Unrealized 0.0%

STZ CONSTELLATION BRANDS INC 2.7%

Value ($000) $31,378 Shares 360,000 Est. Cost $54.89 Unrealized +35.6%

— CROWN CASTLE INTL CORP 2.5%

Value ($000) $28,991 Shares 360,000 Est. Cost $73.55 Unrealized —

— SUNEDISON INC 2.3%

Value ($000) $26,355 Shares 1,395,900 Est. Cost $18.88 Unrealized —

SABR SABRE CORP 2.2%

Value ($000) $26,079 Shares 1,455,684 Est. Cost $18.83 Unrealized 0.0%

— CROWN CASTLE INTL CORP 1.9%

Value ($000) $22,146 Shares 275,000 Est. Cost $73.55 Unrealized —

— TESORO CORP 1.7%

Value ($000) $19,819 Shares 325,000 Est. Cost $60.98 Unrealized —

— TIME WARNER CABLE INC 1.3%

Value ($000) $15,181 Shares 105,800 Est. Cost $143.49 Unrealized —

HUN HUNTSMAN CORP 1.2%

Value ($000) $14,505 Shares 558,100 Est. Cost $21.16 Unrealized +28.8%

— TERRAFORM PWR INC 1.1%

Value ($000) $12,425 Shares 430,518 Est. Cost $28.86 Unrealized —

— THE ADT CORPORATION 0.9%

Value ($000) $10,638 Shares 300,000 Est. Cost — Unrealized —

— GOOGLE INC 0.8%

Value ($000) $9,402 Shares 15,979 Est. Cost $982.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	MCGRAW HILL FINL INC	831,300	$70,203	6.0%	$76.47	—	COM	580645109
—	SEMGROUP CORP	757,939	$63,114	5.4%	$63.14	—	CL A	81663A105
AAP	ADVANCE AUTO PARTS INC	460,980	$60,066	5.1%	$108.04	+6.0%	COM	00751Y106
MHK	MOHAWK INDS INC	445,000	$59,995	5.1%	$136.09	+1.0%	COM	608190104
BIDU	BAIDU INC	264,500	$57,722	4.9%	$196.28	—	SPON ADR REP A	056752108
—	SBA COMMUNICATIONS CORP	485,000	$53,787	4.6%	$110.90	—	COM	78388J106
—	MONSANTO CO NEW	469,984	$52,878	4.5%	$120.54	—	COM	61166W101
CMCSA	COMCAST CORP NEW	840,332	$45,193	3.9%	$19.67	+7.7%	CL A	20030N101
—	TRANSCANADA CORP	847,000	$43,646	3.7%	$51.53	—	COM	89353D107
GPN	GLOBAL PMTS INC	610,055	$42,631	3.6%	$33.95	0.0%	COM	37940X102
—	TWENTY FIRST CENTY FOX INC	1,246,845	$41,532	3.5%	$31.53	—	CL B	90130A200
ALLE	ALLEGION PUB LTD CO	836,690	$39,860	3.4%	$41.76	+11.0%	ORD SHS	G0176J109
UAL	UNITED CONTL HLDGS INC	835,494	$39,093	3.3%	$46.41	0.0%	COM	910047109
ABG	ASBURY AUTOMOTIVE GROUP INC	606,651	$39,080	3.3%	$55.53	+24.3%	COM	043436104
MU	MICRON TECHNOLOGY INC	1,099,615	$37,673	3.2%	$22.72	+39.1%	COM	595112103
LPLA	LPL FINL HLDGS INC	791,161	$36,433	3.1%	$48.50	-0.6%	COM	50212V100
DG	DOLLAR GEN CORP NEW	593,000	$36,238	3.1%	$52.06	0.0%	COM	256677105
—	GOOGLE INC	62,191	$35,907	3.1%	$575.88	—	CL C	38259P706
—	CANADIAN PAC RY LTD	168,504	$34,974	3.0%	$161.69	—	COM	13645T100
CDNS	CADENCE DESIGN SYSTEM INC	1,879,666	$32,349	2.8%	$15.99	+8.5%	COM	127387108
NFLX	NETFLIX INC	71,008	$32,037	2.7%	$6.49	0.0%	COM	64110L106
STZ	CONSTELLATION BRANDS INC	360,000	$31,378	2.7%	$54.89	+35.6%	CL A	21036P108
—	CROWN CASTLE INTL CORP	360,000	$28,991	2.5%	$73.55	—	COM	228227104
—	SUNEDISON INC	1,395,900	$26,355	2.3%	$18.88	—	COM	86732Y109
SABR	SABRE CORP	1,455,684	$26,079	2.2%	$18.83	0.0%	COM	78573M104
—	CROWN CASTLE INTL CORP	275,000	$22,146	1.9%	$73.55	—	Call	228227104
—	TESORO CORP	325,000	$19,819	1.7%	$60.98	—	COM	881609101
—	TIME WARNER CABLE INC	105,800	$15,181	1.3%	$143.49	—	COM	88732J207
HUN	HUNTSMAN CORP	558,100	$14,505	1.2%	$21.16	+28.8%	COM	447011107
—	TERRAFORM PWR INC	430,518	$12,425	1.1%	$28.86	—	CL A COM	88104R100
—	THE ADT CORPORATION	300,000	$10,638	0.9%	—	—	Call	00101J106
—	GOOGLE INC	15,979	$9,402	0.8%	$982.69	—	CL A	38259P508