Palestra Capital Management LLC Quant / Systematic

Location: New York, NY

CIK: 0001568788 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value: $3.989B (100.0% shares, 0.0% debt)

Holdings (26)

OPTU ALTICE USA INC 6.0%

Value $241M Shares 10,671,905 Est. Cost $23.42 Unrealized +4.7%

FIS FIDELITY NATL INFORMATION SV 6.0%

Value $238M Shares 1,775,228 Est. Cost $111.23 Unrealized +5.0%

CHTR CHARTER COMMUNICATIONS INC N 5.6%

Value $225M Shares 441,393 Est. Cost $474.33 Unrealized +6.9%

STZ CONSTELLATION BRANDS INC 5.6%

Value $224M Shares 1,280,065 Est. Cost $156.20 Unrealized -2.8%

MSFT MICROSOFT CORP 5.0%

Value $201M Shares 986,585 Est. Cost $103.61 Unrealized +67.0%

CSX CSX CORP 4.7%

Value $189M Shares 2,708,770 Est. Cost $21.57 Unrealized -4.9%

— DISH NETWORK CORPORATION 4.7%

Value $188M Shares 5,449,090 Est. Cost $34.51 Unrealized —

UBER UBER TECHNOLOGIES INC 4.7%

Value $187M Shares 6,002,639 Est. Cost $31.17 Unrealized 0.0%

LHX L3HARRIS TECHNOLOGIES INC 4.6%

Value $183M Shares 1,076,065 Est. Cost $180.89 Unrealized -7.3%

DLTR DOLLAR TREE INC 4.5%

Value $181M Shares 1,948,970 Est. Cost $99.45 Unrealized -16.1%

— FLEETCOR TECHNOLOGIES INC 4.5%

Value $178M Shares 706,142 Est. Cost $198.34 Unrealized —

GOOGL ALPHABET INC 4.1%

Value $164M Shares 115,826 Est. Cost $64.64 Unrealized +3.5%

VRSN VERISIGN INC 4.1%

Value $164M Shares 792,380 Est. Cost $205.77 Unrealized 0.0%

LOW LOWES COS INC 4.1%

Value $164M Shares 1,210,770 Est. Cost $95.43 Unrealized +8.3%

AMZN AMAZON COM INC 3.6%

Value $144M Shares 52,175 Est. Cost $96.79 Unrealized +24.8%

NYT NEW YORK TIMES CO 3.3%

Value $131M Shares 3,108,231 Est. Cost $30.09 Unrealized +14.5%

A AGILENT TECHNOLOGIES INC 3.2%

Value $129M Shares 1,455,851 Est. Cost $78.07 Unrealized +1.0%

MU MICRON TECHNOLOGY INC 3.1%

Value $125M Shares 2,419,545 Est. Cost $46.01 Unrealized 0.0%

ORLY OREILLY AUTOMOTIVE INC 2.7%

Value $107M Shares 254,765 Est. Cost $25.78 Unrealized +1.4%

— NUANCE COMMUNICATIONS INC 2.7%

Value $106M Shares 4,205,635 Est. Cost $25.31 Unrealized —

TRU TRANSUNION 2.6%

Value $105M Shares 1,209,965 Est. Cost $77.66 Unrealized 0.0%

RTX RAYTHEON TECHNOLOGIES CORP 2.6%

Value $103M Shares 1,663,500 Est. Cost $54.61 Unrealized 0.0%

GPN GLOBAL PMTS INC 2.4%

Value $97.58M Shares 575,265 Est. Cost $158.46 Unrealized +0.3%

ALLY ALLY FINL INC 2.3%

Value $90.79M Shares 4,578,225 Est. Cost $16.65 Unrealized -15.1%

— IAA INC 2.0%

Value $78.38M Shares 2,032,210 Est. Cost $38.57 Unrealized —

— DISH NETWORK CORPORATION 1.2%

Value $48.31M Shares 1,400,000 Est. Cost $34.51 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OPTU	ALTICE USA INC	10,671,905	$241M	6.0%	$23.42	+4.7%	CL A	02156K103
FIS	FIDELITY NATL INFORMATION SV	1,775,228	$238M	6.0%	$111.23	+5.0%	COM	31620M106
CHTR	CHARTER COMMUNICATIONS INC N	441,393	$225M	5.6%	$474.33	+6.9%	CL A	16119P108
STZ	CONSTELLATION BRANDS INC	1,280,065	$224M	5.6%	$156.20	-2.8%	CL A	21036P108
MSFT	MICROSOFT CORP	986,585	$201M	5.0%	$103.61	+67.0%	COM	594918104
CSX	CSX CORP	2,708,770	$189M	4.7%	$21.57	-4.9%	COM	126408103
—	DISH NETWORK CORPORATION	5,449,090	$188M	4.7%	$34.51	—	CL A	25470M109
UBER	UBER TECHNOLOGIES INC	6,002,639	$187M	4.7%	$31.17	0.0%	COM	90353T100
LHX	L3HARRIS TECHNOLOGIES INC	1,076,065	$183M	4.6%	$180.89	-7.3%	COM	502431109
DLTR	DOLLAR TREE INC	1,948,970	$181M	4.5%	$99.45	-16.1%	COM	256746108
—	FLEETCOR TECHNOLOGIES INC	706,142	$178M	4.5%	$198.34	—	COM	339041105
GOOGL	ALPHABET INC	115,826	$164M	4.1%	$64.64	+3.5%	CAP STK CL A	02079K305
VRSN	VERISIGN INC	792,380	$164M	4.1%	$205.77	0.0%	COM	92343E102
LOW	LOWES COS INC	1,210,770	$164M	4.1%	$95.43	+8.3%	COM	548661107
AMZN	AMAZON COM INC	52,175	$144M	3.6%	$96.79	+24.8%	COM	023135106
NYT	NEW YORK TIMES CO	3,108,231	$131M	3.3%	$30.09	+14.5%	CL A	650111107
A	AGILENT TECHNOLOGIES INC	1,455,851	$129M	3.2%	$78.07	+1.0%	COM	00846U101
MU	MICRON TECHNOLOGY INC	2,419,545	$125M	3.1%	$46.01	0.0%	COM	595112103
ORLY	OREILLY AUTOMOTIVE INC	254,765	$107M	2.7%	$25.78	+1.4%	COM	67103H107
—	NUANCE COMMUNICATIONS INC	4,205,635	$106M	2.7%	$25.31	—	COM	67020Y100
TRU	TRANSUNION	1,209,965	$105M	2.6%	$77.66	0.0%	COM	89400J107
RTX	RAYTHEON TECHNOLOGIES CORP	1,663,500	$103M	2.6%	$54.61	0.0%	COM	75513E101
GPN	GLOBAL PMTS INC	575,265	$97.58M	2.4%	$158.46	+0.3%	COM	37940X102
ALLY	ALLY FINL INC	4,578,225	$90.79M	2.3%	$16.65	-15.1%	COM	02005N100
—	IAA INC	2,032,210	$78.38M	2.0%	$38.57	—	COM	449253103
—	DISH NETWORK CORPORATION	1,400,000	$48.31M	1.2%	$34.51	—	Call	25470M109