Palestra Capital Management LLC Quant / Systematic

CIK: 0001568788 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value ($000): $2,160,126 (100.0% shares, 0.0% debt)

Holdings (19)

TMUS T MOBILE US INC 9.1%

Value ($000) $197,416 Shares 2,813,000 Est. Cost $58.90 Unrealized +5.4%

MSFT MICROSOFT CORP 7.7%

Value ($000) $165,608 Shares 1,448,000 Est. Cost $70.58 Unrealized +42.8%

CMCSA COMCAST CORP NEW 7.3%

Value ($000) $157,418 Shares 4,445,584 Est. Cost $30.62 Unrealized -4.2%

GOOGL ALPHABET INC 7.3%

Value ($000) $156,849 Shares 129,941 Est. Cost $51.67 Unrealized +16.3%

BABA ALIBABA GROUP HLDG LTD 7.2%

Value ($000) $156,192 Shares 948,000 Est. Cost $176.83 Unrealized —

NSC NORFOLK SOUTHERN CORP 6.3%

Value ($000) $135,195 Shares 749,000 Est. Cost $129.05 Unrealized +14.0%

HLT HILTON WORLDWIDE HLDGS INC 5.8%

Value ($000) $124,401 Shares 1,540,000 Est. Cost $76.97 Unrealized 0.0%

SSNC SS&C TECHNOLOGIES HLDGS INC 5.5%

Value ($000) $118,491 Shares 2,085,000 Est. Cost $50.19 Unrealized +10.6%

— FIRST DATA CORP NEW 5.4%

Value ($000) $116,722 Shares 4,770,000 Est. Cost $14.54 Unrealized —

— IHS MARKIT LTD 5.1%

Value ($000) $110,510 Shares 2,048,000 Est. Cost $48.82 Unrealized —

— TIFFANY & CO NEW 5.1%

Value ($000) $109,109 Shares 846,000 Est. Cost $130.52 Unrealized —

RJF RAYMOND JAMES FINANCIAL INC 5.0%

Value ($000) $107,699 Shares 1,170,000 Est. Cost $55.08 Unrealized -0.3%

SPOT SPOTIFY TECHNOLOGY S A 4.6%

Value ($000) $99,095 Shares 548,000 Est. Cost $167.90 Unrealized +9.2%

MGM MGM RESORTS INTERNATIONAL 4.1%

Value ($000) $87,582 Shares 3,138,000 Est. Cost $30.35 Unrealized -7.7%

WYNN WYNN RESORTS LTD 3.7%

Value ($000) $80,302 Shares 632,000 Est. Cost $137.18 Unrealized 0.0%

MHK MOHAWK INDS INC 3.7%

Value ($000) $79,784 Shares 455,000 Est. Cost $200.83 Unrealized -2.3%

PTC PTC INC 3.2%

Value ($000) $69,067 Shares 650,412 Est. Cost $38.59 Unrealized +153.2%

PAGS PAGSEGURO DIGITAL LTD 3.0%

Value ($000) $64,969 Shares 2,348,000 Est. Cost $32.48 Unrealized -16.2%

GPN GLOBAL PMTS INC 1.1%

Value ($000) $23,717 Shares 186,165 Est. Cost $107.52 Unrealized +6.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TMUS	T MOBILE US INC	2,813,000	$197,416	9.1%	$58.90	+5.4%	COM	872590104
MSFT	MICROSOFT CORP	1,448,000	$165,608	7.7%	$70.58	+42.8%	COM	594918104
CMCSA	COMCAST CORP NEW	4,445,584	$157,418	7.3%	$30.62	-4.2%	CL A	20030N101
GOOGL	ALPHABET INC	129,941	$156,849	7.3%	$51.67	+16.3%	CAP STK CL A	02079K305
BABA	ALIBABA GROUP HLDG LTD	948,000	$156,192	7.2%	$176.83	—	SPONSORED ADS	01609W102
NSC	NORFOLK SOUTHERN CORP	749,000	$135,195	6.3%	$129.05	+14.0%	COM	655844108
HLT	HILTON WORLDWIDE HLDGS INC	1,540,000	$124,401	5.8%	$76.97	0.0%	COM	43300A203
SSNC	SS&C TECHNOLOGIES HLDGS INC	2,085,000	$118,491	5.5%	$50.19	+10.6%	COM	78467J100
—	FIRST DATA CORP NEW	4,770,000	$116,722	5.4%	$14.54	—	COM CL A	32008D106
—	IHS MARKIT LTD	2,048,000	$110,510	5.1%	$48.82	—	SHS	G47567105
—	TIFFANY & CO NEW	846,000	$109,109	5.1%	$130.52	—	COM	886547108
RJF	RAYMOND JAMES FINANCIAL INC	1,170,000	$107,699	5.0%	$55.08	-0.3%	COM	754730109
SPOT	SPOTIFY TECHNOLOGY S A	548,000	$99,095	4.6%	$167.90	+9.2%	SHS	L8681T102
MGM	MGM RESORTS INTERNATIONAL	3,138,000	$87,582	4.1%	$30.35	-7.7%	COM	552953101
WYNN	WYNN RESORTS LTD	632,000	$80,302	3.7%	$137.18	0.0%	COM	983134107
MHK	MOHAWK INDS INC	455,000	$79,784	3.7%	$200.83	-2.3%	COM	608190104
PTC	PTC INC	650,412	$69,067	3.2%	$38.59	+153.2%	COM	69370C100
PAGS	PAGSEGURO DIGITAL LTD	2,348,000	$64,969	3.0%	$32.48	-16.2%	COM CL A	G68707101
GPN	GLOBAL PMTS INC	186,165	$23,717	1.1%	$107.52	+6.5%	COM	37940X102