Palestra Capital Management LLC Quant / Systematic

Location: New York, NY

CIK: 0001568788 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value: $4.644B (100.0% shares, 0.0% debt)

Holdings (35)

— DISH NETWORK CORPORATION 8.4%

Value $389M Shares 9,312,272 Est. Cost $33.77 Unrealized —

BFH ALLIANCE DATA SYSTEMS CORP 7.6%

Value $351M Shares 3,368,315 Est. Cost $74.34 Unrealized +11.9%

AVTR AVANTOR INC 7.2%

Value $333M Shares 9,387,785 Est. Cost $22.55 Unrealized +43.4%

FIS FIDELITY NATL INFORMATION SV 6.8%

Value $315M Shares 2,220,988 Est. Cost $115.88 Unrealized +15.1%

GOOGL ALPHABET INC 6.7%

Value $310M Shares 127,010 Est. Cost $70.44 Unrealized +64.6%

MSFT MICROSOFT CORP 5.4%

Value $252M Shares 931,881 Est. Cost $135.76 Unrealized +80.3%

EXPE EXPEDIA GROUP INC 5.3%

Value $248M Shares 1,514,311 Est. Cost $125.33 Unrealized +35.8%

— L BRANDS INC 5.2%

Value $240M Shares 3,327,558 Est. Cost $36.91 Unrealized —

NSC NORFOLK SOUTHN CORP 4.7%

Value $218M Shares 821,500 Est. Cost $238.06 Unrealized +5.1%

OPTU ALTICE USA INC 4.6%

Value $213M Shares 6,248,562 Est. Cost $23.47 Unrealized +49.1%

UBER UBER TECHNOLOGIES INC 4.6%

Value $212M Shares 4,222,852 Est. Cost $34.43 Unrealized +51.7%

— ACTIVISION BLIZZARD INC 4.4%

Value $205M Shares 2,149,565 Est. Cost $93.00 Unrealized —

GM GENERAL MTRS CO 3.9%

Value $182M Shares 3,082,282 Est. Cost $51.24 Unrealized +10.7%

SNAP SNAP INC 3.3%

Value $152M Shares 2,234,270 Est. Cost $60.02 Unrealized 0.0%

WDAY WORKDAY INC 3.3%

Value $151M Shares 632,805 Est. Cost $240.49 Unrealized 0.0%

AMZN AMAZON COM INC 3.1%

Value $145M Shares 42,265 Est. Cost $166.20 Unrealized 0.0%

— CIT GROUP INC 3.1%

Value $143M Shares 2,777,569 Est. Cost $35.90 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 2.1%

Value $99.69M Shares 1,782,795 Est. Cost $48.12 Unrealized 0.0%

TWLO TWILIO INC 2.0%

Value $91.05M Shares 230,995 Est. Cost $347.16 Unrealized 0.0%

TDG TRANSDIGM GROUP INC 1.8%

Value $84.56M Shares 130,635 Est. Cost $521.39 Unrealized 0.0%

GFL GFL ENVIRONMENTAL INC 1.6%

Value $76.22M Shares 2,387,767 Est. Cost $32.52 Unrealized 0.0%

— NUANCE COMMUNICATIONS INC 1.2%

Value $55.49M Shares 1,019,352 Est. Cost $29.66 Unrealized —

XYZ SQUARE INC 1.2%

Value $54.94M Shares 225,352 Est. Cost $233.92 Unrealized -0.8%

— CHURCHILL CAPITAL CORP VI 0.7%

Value $33.91M Shares 3,439,705 Est. Cost $9.86 Unrealized —

— DISH NETWORK CORPORATION 0.7%

Value $30.62M Shares 732,500 Est. Cost $33.77 Unrealized —

— DISCOVERY INC 0.5%

Value $25.13M Shares 867,000 Est. Cost $36.89 Unrealized —

— VIACOMCBS INC 0.2%

Value $11.16M Shares 247,000 Est. Cost — Unrealized —

— GOLDEN ARROW MERGER CORP 0.2%

Value $9.631M Shares 998,000 Est. Cost $9.65 Unrealized —

— FTAC ATHENA ACQUISITION CORP 0.1%

Value $5.122M Shares 502,110 Est. Cost $10.00 Unrealized —

— GORES HOLDINGS VII INC 0.1%

Value $2.484M Shares 250,895 Est. Cost $9.90 Unrealized —

CNXXW CONX CORP 0.0%

Value $1.35M Shares 1,000,000 Est. Cost $1.23 Unrealized —

— CHURCHILL CAPITAL CORP VI 0.0%

Value $957K Shares 683,731 Est. Cost $1.40 Unrealized —

— HUMANCO ACQUISITION CORP 0.0%

Value $536K Shares 450,000 Est. Cost $1.30 Unrealized —

— GOLDEN ARROW MERGER CORP 0.0%

Value $270K Shares 332,666 Est. Cost $0.81 Unrealized —

— GORES HOLDINGS VII INC 0.0%

Value $43,000 Shares 31,190 Est. Cost $1.38 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	DISH NETWORK CORPORATION	9,312,272	$389M	8.4%	$33.77	—	CL A	25470M109
BFH	ALLIANCE DATA SYSTEMS CORP	3,368,315	$351M	7.6%	$74.34	+11.9%	COM	018581108
AVTR	AVANTOR INC	9,387,785	$333M	7.2%	$22.55	+43.4%	COM	05352A100
FIS	FIDELITY NATL INFORMATION SV	2,220,988	$315M	6.8%	$115.88	+15.1%	COM	31620M106
GOOGL	ALPHABET INC	127,010	$310M	6.7%	$70.44	+64.6%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	931,881	$252M	5.4%	$135.76	+80.3%	COM	594918104
EXPE	EXPEDIA GROUP INC	1,514,311	$248M	5.3%	$125.33	+35.8%	COM NEW	30212P303
—	L BRANDS INC	3,327,558	$240M	5.2%	$36.91	—	COM	501797104
NSC	NORFOLK SOUTHN CORP	821,500	$218M	4.7%	$238.06	+5.1%	COM	655844108
OPTU	ALTICE USA INC	6,248,562	$213M	4.6%	$23.47	+49.1%	CL A	02156K103
UBER	UBER TECHNOLOGIES INC	4,222,852	$212M	4.6%	$34.43	+51.7%	COM	90353T100
—	ACTIVISION BLIZZARD INC	2,149,565	$205M	4.4%	$93.00	—	COM	00507V109
GM	GENERAL MTRS CO	3,082,282	$182M	3.9%	$51.24	+10.7%	COM	37045V100
SNAP	SNAP INC	2,234,270	$152M	3.3%	$60.02	0.0%	CL A	83304A106
WDAY	WORKDAY INC	632,805	$151M	3.3%	$240.49	0.0%	CL A	98138H101
AMZN	AMAZON COM INC	42,265	$145M	3.1%	$166.20	0.0%	COM	023135106
—	CIT GROUP INC	2,777,569	$143M	3.1%	$35.90	—	COM NEW	125581801
PAGS	PAGSEGURO DIGITAL LTD	1,782,795	$99.69M	2.1%	$48.12	0.0%	COM CL A	G68707101
TWLO	TWILIO INC	230,995	$91.05M	2.0%	$347.16	0.0%	CL A	90138F102
TDG	TRANSDIGM GROUP INC	130,635	$84.56M	1.8%	$521.39	0.0%	COM	893641100
GFL	GFL ENVIRONMENTAL INC	2,387,767	$76.22M	1.6%	$32.52	0.0%	SUB VTG SHS	36168Q104
—	NUANCE COMMUNICATIONS INC	1,019,352	$55.49M	1.2%	$29.66	—	COM	67020Y100
XYZ	SQUARE INC	225,352	$54.94M	1.2%	$233.92	-0.8%	CL A	852234103
—	CHURCHILL CAPITAL CORP VI	3,439,705	$33.91M	0.7%	$9.86	—	COM CL A	17143W101
—	DISH NETWORK CORPORATION	732,500	$30.62M	0.7%	$33.77	—	Call	25470M109
—	DISCOVERY INC	867,000	$25.13M	0.5%	$36.89	—	COM SER C	25470F302
—	VIACOMCBS INC	247,000	$11.16M	0.2%	—	—	Put	92556H206
—	GOLDEN ARROW MERGER CORP	998,000	$9.631M	0.2%	$9.65	—	CLASS A COM	380799106
—	FTAC ATHENA ACQUISITION CORP	502,110	$5.122M	0.1%	$10.00	—	UNIT 99/99/9999	G37283127
—	GORES HOLDINGS VII INC	250,895	$2.484M	0.1%	$9.90	—	COM CL A	38286T101
CNXXW	CONX CORP	1,000,000	$1.35M	0.0%	$1.23	—	*W EXP 10/30/202	212873111
—	CHURCHILL CAPITAL CORP VI	683,731	$957K	0.0%	$1.40	—	*W EXP 02/17/202	17143W119
—	HUMANCO ACQUISITION CORP	450,000	$536K	0.0%	$1.30	—	*W EXP 99/99/999	44487N117
—	GOLDEN ARROW MERGER CORP	332,666	$270K	0.0%	$0.81	—	*W EXP 07/31/202	380799114
—	GORES HOLDINGS VII INC	31,190	$43,000	0.0%	$1.38	—	*W EXP 02/25/202	38286T119