Palestra Capital Management LLC Quant / Systematic

CIK: 0001568788 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value ($000): $4,644,202 (100.0% shares, 0.0% debt)

Holdings (35)

— DISH NETWORK CORPORATION 8.4%

Value ($000) $389,253 Shares 9,312,272 Est. Cost $33.77 Unrealized —

BFH ALLIANCE DATA SYSTEMS CORP 7.6%

Value ($000) $350,945 Shares 3,368,315 Est. Cost $74.34 Unrealized +11.9%

AVTR AVANTOR INC 7.2%

Value ($000) $333,360 Shares 9,387,785 Est. Cost $22.55 Unrealized +43.4%

FIS FIDELITY NATL INFORMATION SV 6.8%

Value ($000) $314,647 Shares 2,220,988 Est. Cost $115.88 Unrealized +15.1%

GOOGL ALPHABET INC 6.7%

Value ($000) $310,132 Shares 127,010 Est. Cost $70.44 Unrealized +64.6%

MSFT MICROSOFT CORP 5.4%

Value ($000) $252,447 Shares 931,881 Est. Cost $135.76 Unrealized +80.3%

EXPE EXPEDIA GROUP INC 5.3%

Value ($000) $247,908 Shares 1,514,311 Est. Cost $125.33 Unrealized +35.8%

— L BRANDS INC 5.2%

Value ($000) $239,784 Shares 3,327,558 Est. Cost $36.91 Unrealized —

NSC NORFOLK SOUTHN CORP 4.7%

Value ($000) $218,034 Shares 821,500 Est. Cost $238.06 Unrealized +5.1%

OPTU ALTICE USA INC 4.6%

Value ($000) $213,326 Shares 6,248,562 Est. Cost $23.47 Unrealized +49.1%

UBER UBER TECHNOLOGIES INC 4.6%

Value ($000) $211,649 Shares 4,222,852 Est. Cost $34.43 Unrealized +51.7%

— ACTIVISION BLIZZARD INC 4.4%

Value ($000) $205,154 Shares 2,149,565 Est. Cost $93.00 Unrealized —

GM GENERAL MTRS CO 3.9%

Value ($000) $182,379 Shares 3,082,282 Est. Cost $51.24 Unrealized +10.7%

SNAP SNAP INC 3.3%

Value ($000) $152,243 Shares 2,234,270 Est. Cost $60.02 Unrealized 0.0%

WDAY WORKDAY INC 3.3%

Value ($000) $151,076 Shares 632,805 Est. Cost $240.49 Unrealized 0.0%

AMZN AMAZON COM INC 3.1%

Value ($000) $145,398 Shares 42,265 Est. Cost $166.20 Unrealized 0.0%

— CIT GROUP INC 3.1%

Value ($000) $143,295 Shares 2,777,569 Est. Cost $35.90 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 2.1%

Value ($000) $99,694 Shares 1,782,795 Est. Cost $48.12 Unrealized 0.0%

TWLO TWILIO INC 2.0%

Value ($000) $91,049 Shares 230,995 Est. Cost $347.16 Unrealized 0.0%

TDG TRANSDIGM GROUP INC 1.8%

Value ($000) $84,559 Shares 130,635 Est. Cost $521.39 Unrealized 0.0%

GFL GFL ENVIRONMENTAL INC 1.6%

Value ($000) $76,218 Shares 2,387,767 Est. Cost $32.52 Unrealized 0.0%

— NUANCE COMMUNICATIONS INC 1.2%

Value ($000) $55,494 Shares 1,019,352 Est. Cost $29.66 Unrealized —

XYZ SQUARE INC 1.2%

Value ($000) $54,941 Shares 225,352 Est. Cost $233.92 Unrealized -0.8%

— CHURCHILL CAPITAL CORP VI 0.7%

Value ($000) $33,915 Shares 3,439,705 Est. Cost $9.86 Unrealized —

— DISH NETWORK CORPORATION 0.7%

Value ($000) $30,619 Shares 732,500 Est. Cost $33.77 Unrealized —

— DISCOVERY INC 0.5%

Value ($000) $25,126 Shares 867,000 Est. Cost $36.89 Unrealized —

— VIACOMCBS INC 0.2%

Value ($000) $11,164 Shares 247,000 Est. Cost — Unrealized —

— GOLDEN ARROW MERGER CORP 0.2%

Value ($000) $9,631 Shares 998,000 Est. Cost $9.65 Unrealized —

— FTAC ATHENA ACQUISITION CORP 0.1%

Value ($000) $5,122 Shares 502,110 Est. Cost $10.00 Unrealized —

— GORES HOLDINGS VII INC 0.1%

Value ($000) $2,484 Shares 250,895 Est. Cost $9.90 Unrealized —

CNXXW CONX CORP 0.0%

Value ($000) $1,350 Shares 1,000,000 Est. Cost $1.23 Unrealized —

— CHURCHILL CAPITAL CORP VI 0.0%

Value ($000) $957 Shares 683,731 Est. Cost $1.40 Unrealized —

— HUMANCO ACQUISITION CORP 0.0%

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

— GOLDEN ARROW MERGER CORP 0.0%

Value ($000) $270 Shares 332,666 Est. Cost $0.81 Unrealized —

— GORES HOLDINGS VII INC 0.0%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	DISH NETWORK CORPORATION	9,312,272	$389,253	8.4%	$33.77	—	CL A	25470M109
BFH	ALLIANCE DATA SYSTEMS CORP	3,368,315	$350,945	7.6%	$74.34	+11.9%	COM	018581108
AVTR	AVANTOR INC	9,387,785	$333,360	7.2%	$22.55	+43.4%	COM	05352A100
FIS	FIDELITY NATL INFORMATION SV	2,220,988	$314,647	6.8%	$115.88	+15.1%	COM	31620M106
GOOGL	ALPHABET INC	127,010	$310,132	6.7%	$70.44	+64.6%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	931,881	$252,447	5.4%	$135.76	+80.3%	COM	594918104
EXPE	EXPEDIA GROUP INC	1,514,311	$247,908	5.3%	$125.33	+35.8%	COM NEW	30212P303
—	L BRANDS INC	3,327,558	$239,784	5.2%	$36.91	—	COM	501797104
NSC	NORFOLK SOUTHN CORP	821,500	$218,034	4.7%	$238.06	+5.1%	COM	655844108
OPTU	ALTICE USA INC	6,248,562	$213,326	4.6%	$23.47	+49.1%	CL A	02156K103
UBER	UBER TECHNOLOGIES INC	4,222,852	$211,649	4.6%	$34.43	+51.7%	COM	90353T100
—	ACTIVISION BLIZZARD INC	2,149,565	$205,154	4.4%	$93.00	—	COM	00507V109
GM	GENERAL MTRS CO	3,082,282	$182,379	3.9%	$51.24	+10.7%	COM	37045V100
SNAP	SNAP INC	2,234,270	$152,243	3.3%	$60.02	0.0%	CL A	83304A106
WDAY	WORKDAY INC	632,805	$151,076	3.3%	$240.49	0.0%	CL A	98138H101
AMZN	AMAZON COM INC	42,265	$145,398	3.1%	$166.20	0.0%	COM	023135106
—	CIT GROUP INC	2,777,569	$143,295	3.1%	$35.90	—	COM NEW	125581801
PAGS	PAGSEGURO DIGITAL LTD	1,782,795	$99,694	2.1%	$48.12	0.0%	COM CL A	G68707101
TWLO	TWILIO INC	230,995	$91,049	2.0%	$347.16	0.0%	CL A	90138F102
TDG	TRANSDIGM GROUP INC	130,635	$84,559	1.8%	$521.39	0.0%	COM	893641100
GFL	GFL ENVIRONMENTAL INC	2,387,767	$76,218	1.6%	$32.52	0.0%	SUB VTG SHS	36168Q104
—	NUANCE COMMUNICATIONS INC	1,019,352	$55,494	1.2%	$29.66	—	COM	67020Y100
XYZ	SQUARE INC	225,352	$54,941	1.2%	$233.92	-0.8%	CL A	852234103
—	CHURCHILL CAPITAL CORP VI	3,439,705	$33,915	0.7%	$9.86	—	COM CL A	17143W101
—	DISH NETWORK CORPORATION	732,500	$30,619	0.7%	$33.77	—	Call	25470M109
—	DISCOVERY INC	867,000	$25,126	0.5%	$36.89	—	COM SER C	25470F302
—	VIACOMCBS INC	247,000	$11,164	0.2%	—	—	Put	92556H206
—	GOLDEN ARROW MERGER CORP	998,000	$9,631	0.2%	$9.65	—	CLASS A COM	380799106
—	FTAC ATHENA ACQUISITION CORP	502,110	$5,122	0.1%	$10.00	—	UNIT 99/99/9999	G37283127
—	GORES HOLDINGS VII INC	250,895	$2,484	0.1%	$9.90	—	COM CL A	38286T101
CNXXW	CONX CORP	1,000,000	$1,350	0.0%	$1.23	—	*W EXP 10/30/202	212873111
—	CHURCHILL CAPITAL CORP VI	683,731	$957	0.0%	$1.40	—	*W EXP 02/17/202	17143W119
—	HUMANCO ACQUISITION CORP	450,000	$536	0.0%	$1.30	—	*W EXP 99/99/999	44487N117
—	GOLDEN ARROW MERGER CORP	332,666	$270	0.0%	$0.81	—	*W EXP 07/31/202	380799114
—	GORES HOLDINGS VII INC	31,190	$43	0.0%	$1.38	—	*W EXP 02/25/202	38286T119