Palestra Capital Management LLC Quant / Systematic

Location: New York, NY

CIK: 0001568788 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 14, 2019

Total Value: $3.442B (100.0% shares, 0.0% debt)

Holdings (25)

OPTU ALTICE USA INC 6.6%

Value $226M Shares 9,286,286 Est. Cost $21.50 Unrealized +10.4%

CMCSA COMCAST CORP NEW 5.5%

Value $190M Shares 4,486,285 Est. Cost $32.07 Unrealized +10.8%

— FLEETCOR TECHNOLOGIES INC 5.4%

Value $187M Shares 665,495 Est. Cost $185.72 Unrealized —

BA BOEING CO 5.4%

Value $185M Shares 508,205 Est. Cost $357.24 Unrealized 0.0%

UNP UNION PACIFIC CORP 5.2%

Value $179M Shares 1,058,095 Est. Cost $133.91 Unrealized +10.4%

MSFT MICROSOFT CORP 5.1%

Value $177M Shares 1,319,380 Est. Cost $79.78 Unrealized +49.8%

DIS DISNEY WALT CO 4.9%

Value $169M Shares 1,207,525 Est. Cost $107.88 Unrealized +18.7%

NSC NORFOLK SOUTHERN CORP 4.7%

Value $160M Shares 802,883 Est. Cost $134.49 Unrealized +28.9%

— WORLDPAY INC 4.6%

Value $158M Shares 1,293,330 Est. Cost $81.97 Unrealized —

LOW LOWES COS INC 4.3%

Value $149M Shares 1,479,145 Est. Cost $93.45 Unrealized 0.0%

ADBE ADOBE INC 4.3%

Value $148M Shares 501,360 Est. Cost $256.59 Unrealized +8.2%

VMC VULCAN MATLS CO 4.1%

Value $143M Shares 1,038,420 Est. Cost $120.56 Unrealized 0.0%

— BLACK KNIGHT INC 3.9%

Value $134M Shares 2,232,025 Est. Cost $54.50 Unrealized —

— IHS MARKIT LTD 3.8%

Value $130M Shares 2,045,075 Est. Cost $48.71 Unrealized —

NYT NEW YORK TIMES CO 3.5%

Value $121M Shares 3,701,533 Est. Cost $28.42 Unrealized +10.3%

KMX CARMAX INC 3.5%

Value $119M Shares 1,371,800 Est. Cost $61.63 Unrealized +26.9%

RCL ROYAL CARIBBEAN CRUISES LTD 3.1%

Value $106M Shares 877,380 Est. Cost $116.54 Unrealized 0.0%

USFD US FOODS HLDG CORP 3.1%

Value $106M Shares 2,953,932 Est. Cost $34.53 Unrealized +5.2%

TMUS T MOBILE US INC 3.1%

Value $105M Shares 1,422,646 Est. Cost $59.95 Unrealized +19.7%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 3.1%

Value $105M Shares 924,990 Est. Cost $97.06 Unrealized +6.0%

FIS FIDELITY NATL INFORMATION SV 3.0%

Value $103M Shares 843,420 Est. Cost $103.29 Unrealized 0.0%

V VISA INC 2.7%

Value $92.82M Shares 534,833 Est. Cost $137.38 Unrealized +13.8%

— GRACE W R & CO DEL NEW 2.7%

Value $92.41M Shares 1,214,198 Est. Cost $78.02 Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 2.6%

Value $88.32M Shares 903,580 Est. Cost $75.79 Unrealized +17.6%

QSR RESTAURANT BRANDS INTL INC 2.0%

Value $67.56M Shares 971,455 Est. Cost $66.96 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OPTU	ALTICE USA INC	9,286,286	$226M	6.6%	$21.50	+10.4%	CL A	02156K103
CMCSA	COMCAST CORP NEW	4,486,285	$190M	5.5%	$32.07	+10.8%	CL A	20030N101
—	FLEETCOR TECHNOLOGIES INC	665,495	$187M	5.4%	$185.72	—	COM	339041105
BA	BOEING CO	508,205	$185M	5.4%	$357.24	0.0%	COM	097023105
UNP	UNION PACIFIC CORP	1,058,095	$179M	5.2%	$133.91	+10.4%	COM	907818108
MSFT	MICROSOFT CORP	1,319,380	$177M	5.1%	$79.78	+49.8%	COM	594918104
DIS	DISNEY WALT CO	1,207,525	$169M	4.9%	$107.88	+18.7%	COM DISNEY	254687106
NSC	NORFOLK SOUTHERN CORP	802,883	$160M	4.7%	$134.49	+28.9%	COM	655844108
—	WORLDPAY INC	1,293,330	$158M	4.6%	$81.97	—	CL A	981558109
LOW	LOWES COS INC	1,479,145	$149M	4.3%	$93.45	0.0%	COM	548661107
ADBE	ADOBE INC	501,360	$148M	4.3%	$256.59	+8.2%	COM	00724F101
VMC	VULCAN MATLS CO	1,038,420	$143M	4.1%	$120.56	0.0%	COM	929160109
—	BLACK KNIGHT INC	2,232,025	$134M	3.9%	$54.50	—	COM	09215C105
—	IHS MARKIT LTD	2,045,075	$130M	3.8%	$48.71	—	SHS	G47567105
NYT	NEW YORK TIMES CO	3,701,533	$121M	3.5%	$28.42	+10.3%	CL A	650111107
KMX	CARMAX INC	1,371,800	$119M	3.5%	$61.63	+26.9%	COM	143130102
RCL	ROYAL CARIBBEAN CRUISES LTD	877,380	$106M	3.1%	$116.54	0.0%	COM	V7780T103
USFD	US FOODS HLDG CORP	2,953,932	$106M	3.1%	$34.53	+5.2%	COM	912008109
TMUS	T MOBILE US INC	1,422,646	$105M	3.1%	$59.95	+19.7%	COM	872590104
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	924,990	$105M	3.1%	$97.06	+6.0%	COM	874054109
FIS	FIDELITY NATL INFORMATION SV	843,420	$103M	3.0%	$103.29	0.0%	COM	31620M106
V	VISA INC	534,833	$92.82M	2.7%	$137.38	+13.8%	COM CL A	92826C839
—	GRACE W R & CO DEL NEW	1,214,198	$92.41M	2.7%	$78.02	—	COM	38388F108
HLT	HILTON WORLDWIDE HLDGS INC	903,580	$88.32M	2.6%	$75.79	+17.6%	COM	43300A203
QSR	RESTAURANT BRANDS INTL INC	971,455	$67.56M	2.0%	$66.96	0.0%	COM	76131D103