Palestra Capital Management LLC Quant / Systematic

CIK: 0001568788 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value ($000): $3,085,984 (100.0% shares, 0.0% debt)

Holdings (26)

FIS FIDELITY NATL INFORMATION SV 7.6%

Value ($000) $235,427 Shares 1,935,438 Est. Cost $111.23 Unrealized +10.7%

CHTR CHARTER COMMUNICATIONS INC N 7.4%

Value ($000) $229,165 Shares 525,235 Est. Cost $474.33 Unrealized +3.1%

LHX L3HARRIS TECHNOLOGIES INC 7.2%

Value ($000) $222,669 Shares 1,236,225 Est. Cost $180.89 Unrealized +0.6%

AMZN AMAZON COM INC 6.9%

Value ($000) $213,424 Shares 109,464 Est. Cost $96.79 Unrealized 0.0%

MSFT MICROSOFT CORP 6.5%

Value ($000) $199,404 Shares 1,264,370 Est. Cost $103.61 Unrealized +50.9%

OPTU ALTICE USA INC 6.4%

Value ($000) $197,058 Shares 8,840,624 Est. Cost $23.19 Unrealized +12.6%

LOW LOWES COS INC 5.9%

Value ($000) $182,040 Shares 2,115,515 Est. Cost $95.43 Unrealized +3.0%

CSX CSX CORP 5.8%

Value ($000) $177,510 Shares 3,097,900 Est. Cost $21.57 Unrealized 0.0%

NYT NEW YORK TIMES CO 5.1%

Value ($000) $156,040 Shares 5,081,083 Est. Cost $30.09 Unrealized +7.9%

GOOGL ALPHABET INC 5.0%

Value ($000) $155,440 Shares 133,775 Est. Cost $64.64 Unrealized +4.0%

DLTR DOLLAR TREE INC 4.9%

Value ($000) $150,153 Shares 2,043,735 Est. Cost $99.45 Unrealized -14.4%

— FLEETCOR TECHNOLOGIES INC 4.3%

Value ($000) $131,208 Shares 703,377 Est. Cost $198.34 Unrealized —

GPN GLOBAL PMTS INC 3.8%

Value ($000) $117,587 Shares 815,275 Est. Cost $158.46 Unrealized +10.0%

STZ CONSTELLATION BRANDS INC 3.1%

Value ($000) $95,962 Shares 669,380 Est. Cost $160.13 Unrealized 0.0%

NSC NORFOLK SOUTHERN CORP 3.1%

Value ($000) $95,420 Shares 653,559 Est. Cost $138.23 Unrealized +18.4%

QSR RESTAURANT BRANDS INTL INC 2.3%

Value ($000) $71,253 Shares 1,780,000 Est. Cost $56.59 Unrealized 0.0%

BABA ALIBABA GROUP HLDG LTD 2.2%

Value ($000) $67,096 Shares 345,000 Est. Cost $194.48 Unrealized —

TMUS T MOBILE US INC 2.1%

Value ($000) $65,023 Shares 775,000 Est. Cost $81.74 Unrealized 0.0%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 2.1%

Value ($000) $63,456 Shares 535,000 Est. Cost $118.20 Unrealized 0.0%

A AGILENT TECHNOLOGIES INC 1.6%

Value ($000) $48,676 Shares 679,636 Est. Cost $77.15 Unrealized 0.0%

NKE NIKE INC 1.6%

Value ($000) $47,989 Shares 580,000 Est. Cost $85.89 Unrealized 0.0%

ORLY O REILLY AUTOMOTIVE INC NEW 1.5%

Value ($000) $46,663 Shares 155,000 Est. Cost $25.56 Unrealized 0.0%

— ANAPLAN INC 1.2%

Value ($000) $37,825 Shares 1,250,000 Est. Cost $30.26 Unrealized —

WEX WEX INC 1.0%

Value ($000) $30,757 Shares 294,181 Est. Cost $186.68 Unrealized 0.0%

AAP ADVANCE AUTO PARTS INC 0.9%

Value ($000) $26,469 Shares 283,638 Est. Cost $114.23 Unrealized 0.0%

ALLY ALLY FINL INC 0.7%

Value ($000) $22,270 Shares 1,543,288 Est. Cost $21.61 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FIS	FIDELITY NATL INFORMATION SV	1,935,438	$235,427	7.6%	$111.23	+10.7%	COM	31620M106
CHTR	CHARTER COMMUNICATIONS INC N	525,235	$229,165	7.4%	$474.33	+3.1%	CL A	16119P108
LHX	L3HARRIS TECHNOLOGIES INC	1,236,225	$222,669	7.2%	$180.89	+0.6%	COM	502431109
AMZN	AMAZON COM INC	109,464	$213,424	6.9%	$96.79	0.0%	COM	023135106
MSFT	MICROSOFT CORP	1,264,370	$199,404	6.5%	$103.61	+50.9%	COM	594918104
OPTU	ALTICE USA INC	8,840,624	$197,058	6.4%	$23.19	+12.6%	CL A	02156K103
LOW	LOWES COS INC	2,115,515	$182,040	5.9%	$95.43	+3.0%	COM	548661107
CSX	CSX CORP	3,097,900	$177,510	5.8%	$21.57	0.0%	COM	126408103
NYT	NEW YORK TIMES CO	5,081,083	$156,040	5.1%	$30.09	+7.9%	CL A	650111107
GOOGL	ALPHABET INC	133,775	$155,440	5.0%	$64.64	+4.0%	CAP STK CL A	02079K305
DLTR	DOLLAR TREE INC	2,043,735	$150,153	4.9%	$99.45	-14.4%	COM	256746108
—	FLEETCOR TECHNOLOGIES INC	703,377	$131,208	4.3%	$198.34	—	COM	339041105
GPN	GLOBAL PMTS INC	815,275	$117,587	3.8%	$158.46	+10.0%	COM	37940X102
STZ	CONSTELLATION BRANDS INC	669,380	$95,962	3.1%	$160.13	0.0%	CL A	21036P108
NSC	NORFOLK SOUTHERN CORP	653,559	$95,420	3.1%	$138.23	+18.4%	COM	655844108
QSR	RESTAURANT BRANDS INTL INC	1,780,000	$71,253	2.3%	$56.59	0.0%	COM	76131D103
BABA	ALIBABA GROUP HLDG LTD	345,000	$67,096	2.2%	$194.48	—	SPONSORED ADS	01609W102
TMUS	T MOBILE US INC	775,000	$65,023	2.1%	$81.74	0.0%	COM	872590104
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	535,000	$63,456	2.1%	$118.20	0.0%	COM	874054109
A	AGILENT TECHNOLOGIES INC	679,636	$48,676	1.6%	$77.15	0.0%	COM	00846U101
NKE	NIKE INC	580,000	$47,989	1.6%	$85.89	0.0%	CL B	654106103
ORLY	O REILLY AUTOMOTIVE INC NEW	155,000	$46,663	1.5%	$25.56	0.0%	COM	67103H107
—	ANAPLAN INC	1,250,000	$37,825	1.2%	$30.26	—	COM	03272L108
WEX	WEX INC	294,181	$30,757	1.0%	$186.68	0.0%	COM	96208T104
AAP	ADVANCE AUTO PARTS INC	283,638	$26,469	0.9%	$114.23	0.0%	COM	00751Y106
ALLY	ALLY FINL INC	1,543,288	$22,270	0.7%	$21.61	0.0%	COM	02005N100