Palestra Capital Management LLC Quant / Systematic

CIK: 0001568788 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 17, 2021

Total Value ($000): $4,764,522 (100.0% shares, 0.0% debt)

Holdings (31)

MSFT MICROSOFT CORP 7.1%

Value ($000) $340,233 Shares 1,443,072 Est. Cost $135.76 Unrealized +64.2%

GOOGL ALPHABET INC 6.8%

Value ($000) $322,716 Shares 156,467 Est. Cost $70.44 Unrealized +39.1%

FIS FIDELITY NATL INFORMATION SV 6.3%

Value ($000) $301,337 Shares 2,143,073 Est. Cost $115.24 Unrealized +6.1%

— DISH NETWORK CORPORATION 6.1%

Value ($000) $291,103 Shares 8,041,527 Est. Cost $32.50 Unrealized —

AVTR AVANTOR INC 5.9%

Value ($000) $281,147 Shares 9,718,195 Est. Cost $22.55 Unrealized +28.0%

OPTU ALTICE USA INC 5.3%

Value ($000) $251,608 Shares 7,734,636 Est. Cost $23.47 Unrealized +48.4%

— NUANCE COMMUNICATIONS INC 5.3%

Value ($000) $250,899 Shares 5,749,300 Est. Cost $29.66 Unrealized —

UBER UBER TECHNOLOGIES INC 4.6%

Value ($000) $220,283 Shares 4,041,142 Est. Cost $33.63 Unrealized +65.9%

— ACTIVISION BLIZZARD INC 4.3%

Value ($000) $206,348 Shares 2,218,795 Est. Cost $93.00 Unrealized —

BKNG BOOKING HOLDINGS INC 4.2%

Value ($000) $201,098 Shares 86,314 Est. Cost $1831.59 Unrealized +19.3%

— L BRANDS INC 4.1%

Value ($000) $197,105 Shares 3,186,315 Est. Cost $35.35 Unrealized —

BFH ALLIANCE DATA SYSTEMS CORP 4.1%

Value ($000) $193,244 Shares 1,724,005 Est. Cost $65.89 Unrealized 0.0%

GM GENERAL MTRS CO 4.0%

Value ($000) $190,283 Shares 3,311,567 Est. Cost $51.24 Unrealized 0.0%

TRU TRANSUNION 3.9%

Value ($000) $187,227 Shares 2,080,295 Est. Cost $81.74 Unrealized +7.6%

— CIT GROUP INC 3.5%

Value ($000) $167,897 Shares 3,259,504 Est. Cost $35.90 Unrealized —

CSX CSX CORP 3.4%

Value ($000) $163,612 Shares 1,696,870 Est. Cost $21.57 Unrealized +32.5%

LVS LAS VEGAS SANDS CORP 3.3%

Value ($000) $156,506 Shares 2,575,810 Est. Cost $50.91 Unrealized +9.8%

ENTG ENTEGRIS INC 3.3%

Value ($000) $155,604 Shares 1,391,805 Est. Cost $101.00 Unrealized 0.0%

XYZ SQUARE INC 3.2%

Value ($000) $150,316 Shares 662,040 Est. Cost $233.92 Unrealized 0.0%

EXPE EXPEDIA GROUP INC 3.1%

Value ($000) $149,763 Shares 870,106 Est. Cost $92.13 Unrealized +65.7%

NSC NORFOLK SOUTHN CORP 2.6%

Value ($000) $125,877 Shares 468,780 Est. Cost $228.85 Unrealized 0.0%

ETSY ETSY INC 2.3%

Value ($000) $108,861 Shares 539,800 Est. Cost $209.31 Unrealized 0.0%

— DISH NETWORK CORPORATION 1.1%

Value ($000) $54,300 Shares 1,500,000 Est. Cost $32.50 Unrealized —

— CHURCHILL CAPITAL CORP VI 0.7%

Value ($000) $34,799 Shares 3,459,110 Est. Cost $10.06 Unrealized —

— DISCOVERY INC 0.7%

Value ($000) $31,984 Shares 867,000 Est. Cost $36.89 Unrealized —

— VIACOMCBS INC 0.2%

Value ($000) $11,140 Shares 247,000 Est. Cost — Unrealized —

— GOLDEN ARROW MERGER CORP 0.2%

Value ($000) $9,950 Shares 1,000,000 Est. Cost $9.95 Unrealized —

— FTAC ATHENA ACQUISITION CORP 0.1%

Value ($000) $4,985 Shares 498,455 Est. Cost $10.00 Unrealized —

— GORES HOLDINGS VII INC 0.1%

Value ($000) $2,482 Shares 249,230 Est. Cost $9.96 Unrealized —

CNXXW CONX CORP 0.0%

Value ($000) $1,230 Shares 1,000,000 Est. Cost $1.23 Unrealized —

— HUMANCO ACQUISITION CORP 0.0%

Value ($000) $585 Shares 450,000 Est. Cost $1.30 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	1,443,072	$340,233	7.1%	$135.76	+64.2%	COM	594918104
GOOGL	ALPHABET INC	156,467	$322,716	6.8%	$70.44	+39.1%	CAP STK CL A	02079K305
FIS	FIDELITY NATL INFORMATION SV	2,143,073	$301,337	6.3%	$115.24	+6.1%	COM	31620M106
—	DISH NETWORK CORPORATION	8,041,527	$291,103	6.1%	$32.50	—	CL A	25470M109
AVTR	AVANTOR INC	9,718,195	$281,147	5.9%	$22.55	+28.0%	COM	05352A100
OPTU	ALTICE USA INC	7,734,636	$251,608	5.3%	$23.47	+48.4%	CL A	02156K103
—	NUANCE COMMUNICATIONS INC	5,749,300	$250,899	5.3%	$29.66	—	COM	67020Y100
UBER	UBER TECHNOLOGIES INC	4,041,142	$220,283	4.6%	$33.63	+65.9%	COM	90353T100
—	ACTIVISION BLIZZARD INC	2,218,795	$206,348	4.3%	$93.00	—	COM	00507V109
BKNG	BOOKING HOLDINGS INC	86,314	$201,098	4.2%	$1831.59	+19.3%	COM	09857L108
—	L BRANDS INC	3,186,315	$197,105	4.1%	$35.35	—	COM	501797104
BFH	ALLIANCE DATA SYSTEMS CORP	1,724,005	$193,244	4.1%	$65.89	0.0%	COM	018581108
GM	GENERAL MTRS CO	3,311,567	$190,283	4.0%	$51.24	0.0%	COM	37045V100
TRU	TRANSUNION	2,080,295	$187,227	3.9%	$81.74	+7.6%	COM	89400J107
—	CIT GROUP INC	3,259,504	$167,897	3.5%	$35.90	—	COM NEW	125581801
CSX	CSX CORP	1,696,870	$163,612	3.4%	$21.57	+32.5%	COM	126408103
LVS	LAS VEGAS SANDS CORP	2,575,810	$156,506	3.3%	$50.91	+9.8%	COM	517834107
ENTG	ENTEGRIS INC	1,391,805	$155,604	3.3%	$101.00	0.0%	COM	29362U104
XYZ	SQUARE INC	662,040	$150,316	3.2%	$233.92	0.0%	CL A	852234103
EXPE	EXPEDIA GROUP INC	870,106	$149,763	3.1%	$92.13	+65.7%	COM NEW	30212P303
NSC	NORFOLK SOUTHN CORP	468,780	$125,877	2.6%	$228.85	0.0%	COM	655844108
ETSY	ETSY INC	539,800	$108,861	2.3%	$209.31	0.0%	COM	29786A106
—	DISH NETWORK CORPORATION	1,500,000	$54,300	1.1%	$32.50	—	Call	25470M109
—	CHURCHILL CAPITAL CORP VI	3,459,110	$34,799	0.7%	$10.06	—	UNIT 99/99/9999	17143W200
—	DISCOVERY INC	867,000	$31,984	0.7%	$36.89	—	COM SER C	25470F302
—	VIACOMCBS INC	247,000	$11,140	0.2%	—	—	Put	92556H206
—	GOLDEN ARROW MERGER CORP	1,000,000	$9,950	0.2%	$9.95	—	UNIT 07/31/2026	380799205
—	FTAC ATHENA ACQUISITION CORP	498,455	$4,985	0.1%	$10.00	—	UNIT 99/99/9999	G37283127
—	GORES HOLDINGS VII INC	249,230	$2,482	0.1%	$9.96	—	UNIT 02/12/2028	38286T200
CNXXW	CONX CORP	1,000,000	$1,230	0.0%	$1.23	—	*W EXP 10/30/202	212873111
—	HUMANCO ACQUISITION CORP	450,000	$585	0.0%	$1.30	—	*W EXP 99/99/999	44487N117