Palestra Capital Management LLC Quant / Systematic

CIK: 0001568788 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value ($000): $2,684,862 (100.0% shares, 0.0% debt)

Holdings (36)

CRM SALESFORCE INC 6.5%

Value ($000) $174,652 Shares 579,892 Est. Cost $196.75 Unrealized +44.9%

META META PLATFORMS INC 6.1%

Value ($000) $164,831 Shares 339,451 Est. Cost $212.56 Unrealized +108.5%

GOOGL ALPHABET INC 5.0%

Value ($000) $135,492 Shares 897,716 Est. Cost $116.94 Unrealized +21.4%

— DISCOVER FINL SVCS 4.5%

Value ($000) $120,846 Shares 921,858 Est. Cost $95.75 Unrealized —

CRH CRH PLC 4.4%

Value ($000) $119,455 Shares 1,384,827 Est. Cost $58.12 Unrealized +28.5%

ALL ALLSTATE CORP 4.3%

Value ($000) $115,862 Shares 669,686 Est. Cost $127.70 Unrealized +19.0%

LW LAMB WESTON HLDGS INC 4.3%

Value ($000) $115,246 Shares 1,081,819 Est. Cost $99.79 Unrealized 0.0%

PTC PTC INC 4.2%

Value ($000) $113,899 Shares 602,831 Est. Cost $115.72 Unrealized +55.7%

MSFT MICROSOFT CORP 4.2%

Value ($000) $113,570 Shares 269,942 Est. Cost $202.74 Unrealized +96.9%

STZ CONSTELLATION BRANDS INC 4.2%

Value ($000) $112,778 Shares 414,990 Est. Cost $230.57 Unrealized +5.6%

AMZN AMAZON COM INC 4.0%

Value ($000) $106,918 Shares 592,737 Est. Cost $134.51 Unrealized +24.1%

V VISA INC 3.9%

Value ($000) $105,458 Shares 377,878 Est. Cost $202.23 Unrealized +34.7%

PFGC PERFORMANCE FOOD GROUP CO 3.7%

Value ($000) $98,638 Shares 1,321,515 Est. Cost $58.91 Unrealized +24.9%

INTC INTEL CORP 3.6%

Value ($000) $96,579 Shares 2,186,523 Est. Cost $44.04 Unrealized 0.0%

T AT&T INC 3.6%

Value ($000) $95,946 Shares 5,451,491 Est. Cost $14.98 Unrealized +4.3%

AER AERCAP HOLDINGS NV 3.4%

Value ($000) $90,951 Shares 1,046,495 Est. Cost $65.29 Unrealized +18.5%

GE GENERAL ELECTRIC CO 3.3%

Value ($000) $88,421 Shares 503,737 Est. Cost $70.23 Unrealized +65.7%

PGR PROGRESSIVE CORP 3.0%

Value ($000) $80,208 Shares 387,815 Est. Cost $126.70 Unrealized +34.7%

LYV LIVE NATION ENTERTAINMENT IN 2.9%

Value ($000) $77,813 Shares 735,681 Est. Cost $94.54 Unrealized 0.0%

GOOGL ALPHABET INC 2.9%

Value ($000) $77,684 Shares 514,700 Est. Cost $116.94 Unrealized +21.4%

APO APOLLO GLOBAL MGMT INC 2.8%

Value ($000) $74,825 Shares 665,406 Est. Cost $102.73 Unrealized 0.0%

BKNG BOOKING HOLDINGS INC 2.5%

Value ($000) $68,295 Shares 18,825 Est. Cost $3508.24 Unrealized 0.0%

HLT HILTON WORLDWIDE HLDGS INC 2.5%

Value ($000) $66,167 Shares 310,190 Est. Cost $128.69 Unrealized +52.1%

VMC VULCAN MATLS CO 2.2%

Value ($000) $58,077 Shares 212,800 Est. Cost $191.79 Unrealized +26.7%

INTU INTUIT 2.0%

Value ($000) $54,809 Shares 84,322 Est. Cost $407.61 Unrealized +54.9%

CHTR CHARTER COMMUNICATIONS INC N 1.2%

Value ($000) $31,446 Shares 108,200 Est. Cost $392.69 Unrealized -18.1%

DLTR DOLLAR TREE INC 1.1%

Value ($000) $29,786 Shares 223,700 Est. Cost $133.96 Unrealized +2.8%

ASML ASML HOLDING N V 1.1%

Value ($000) $29,575 Shares 30,475 Est. Cost $970.47 Unrealized —

LUMN LUMEN TECHNOLOGIES INC 0.6%

Value ($000) $17,421 Shares 11,167,585 Est. Cost $1.61 Unrealized -3.1%

NVDA NVIDIA CORPORATION 0.6%

Value ($000) $15,044 Shares 16,650 Est. Cost $72.44 Unrealized 0.0%

CDNS CADENCE DESIGN SYSTEM INC 0.4%

Value ($000) $11,475 Shares 36,863 Est. Cost $295.79 Unrealized 0.0%

SATS ECHOSTAR CORP 0.4%

Value ($000) $10,219 Shares 717,139 Est. Cost $13.94 Unrealized 0.0%

AMD ADVANCED MICRO DEVICES INC 0.2%

Value ($000) $5,388 Shares 29,853 Est. Cost $174.81 Unrealized 0.0%

SHW SHERWIN WILLIAMS CO 0.1%

Value ($000) $3,860 Shares 11,113 Est. Cost $313.46 Unrealized 0.0%

LPLA LPL FINL HLDGS INC 0.1%

Value ($000) $2,166 Shares 8,200 Est. Cost $252.41 Unrealized 0.0%

MCO MOODYS CORP 0.0%

Value ($000) $1,061 Shares 2,700 Est. Cost $380.01 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRM	SALESFORCE INC	579,892	$174,652	6.5%	$196.75	+44.9%	COM	79466L302
META	META PLATFORMS INC	339,451	$164,831	6.1%	$212.56	+108.5%	CL A	30303M102
GOOGL	ALPHABET INC	897,716	$135,492	5.0%	$116.94	+21.4%	CAP STK CL A	02079K305
—	DISCOVER FINL SVCS	921,858	$120,846	4.5%	$95.75	—	COM	254709108
CRH	CRH PLC	1,384,827	$119,455	4.4%	$58.12	+28.5%	ORD	G25508105
ALL	ALLSTATE CORP	669,686	$115,862	4.3%	$127.70	+19.0%	COM	020002101
LW	LAMB WESTON HLDGS INC	1,081,819	$115,246	4.3%	$99.79	0.0%	COM	513272104
PTC	PTC INC	602,831	$113,899	4.2%	$115.72	+55.7%	COM	69370C100
MSFT	MICROSOFT CORP	269,942	$113,570	4.2%	$202.74	+96.9%	COM	594918104
STZ	CONSTELLATION BRANDS INC	414,990	$112,778	4.2%	$230.57	+5.6%	CL A	21036P108
AMZN	AMAZON COM INC	592,737	$106,918	4.0%	$134.51	+24.1%	COM	023135106
V	VISA INC	377,878	$105,458	3.9%	$202.23	+34.7%	COM CL A	92826C839
PFGC	PERFORMANCE FOOD GROUP CO	1,321,515	$98,638	3.7%	$58.91	+24.9%	COM	71377A103
INTC	INTEL CORP	2,186,523	$96,579	3.6%	$44.04	0.0%	COM	458140100
T	AT&T INC	5,451,491	$95,946	3.6%	$14.98	+4.3%	COM	00206R102
AER	AERCAP HOLDINGS NV	1,046,495	$90,951	3.4%	$65.29	+18.5%	SHS	N00985106
GE	GENERAL ELECTRIC CO	503,737	$88,421	3.3%	$70.23	+65.7%	COM NEW	369604301
PGR	PROGRESSIVE CORP	387,815	$80,208	3.0%	$126.70	+34.7%	COM	743315103
LYV	LIVE NATION ENTERTAINMENT IN	735,681	$77,813	2.9%	$94.54	0.0%	COM	538034109
GOOGL	ALPHABET INC	514,700	$77,684	2.9%	$116.94	+21.4%	Call	02079K305
APO	APOLLO GLOBAL MGMT INC	665,406	$74,825	2.8%	$102.73	0.0%	COM	03769M106
BKNG	BOOKING HOLDINGS INC	18,825	$68,295	2.5%	$3508.24	0.0%	COM	09857L108
HLT	HILTON WORLDWIDE HLDGS INC	310,190	$66,167	2.5%	$128.69	+52.1%	COM	43300A203
VMC	VULCAN MATLS CO	212,800	$58,077	2.2%	$191.79	+26.7%	COM	929160109
INTU	INTUIT	84,322	$54,809	2.0%	$407.61	+54.9%	COM	461202103
CHTR	CHARTER COMMUNICATIONS INC N	108,200	$31,446	1.2%	$392.69	-18.1%	CL A	16119P108
DLTR	DOLLAR TREE INC	223,700	$29,786	1.1%	$133.96	+2.8%	COM	256746108
ASML	ASML HOLDING N V	30,475	$29,575	1.1%	$970.47	—	N Y REGISTRY SHS	N07059210
LUMN	LUMEN TECHNOLOGIES INC	11,167,585	$17,421	0.6%	$1.61	-3.1%	COM	550241103
NVDA	NVIDIA CORPORATION	16,650	$15,044	0.6%	$72.44	0.0%	COM	67066G104
CDNS	CADENCE DESIGN SYSTEM INC	36,863	$11,475	0.4%	$295.79	0.0%	COM	127387108
SATS	ECHOSTAR CORP	717,139	$10,219	0.4%	$13.94	0.0%	CL A	278768106
AMD	ADVANCED MICRO DEVICES INC	29,853	$5,388	0.2%	$174.81	0.0%	COM	007903107
SHW	SHERWIN WILLIAMS CO	11,113	$3,860	0.1%	$313.46	0.0%	COM	824348106
LPLA	LPL FINL HLDGS INC	8,200	$2,166	0.1%	$252.41	0.0%	COM	50212V100
MCO	MOODYS CORP	2,700	$1,061	0.0%	$380.01	0.0%	COM	615369105