Palestra Capital Management LLC
CIK 1568788 · View on SEC EDGAR ↗
- Portfolio value
- $2.9B
- Positions
- 21
- As of
- June 30, 2026
#1,182 of 9,443 by 13F value · top 12.5%
Portfolio value QoQ: +15.0% 13F does not disclose cash
- Top 10 holdings weight
- 72.57%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 18
- Effective number of positions
- 15.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 33.18% Est. buys $1,042,760,905 · sells $914,814,614
Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 30.0% still held
- New positions
- 5
- Increased
- 10
- Decreased
- 4
- Closed
- 6
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +11.8% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 98.6% · Options excluded: 1.2%
Sector breakdown
Technology
35.0%
Industrials
14.3%
Retail
13.4%
Communication Services
8.8%
Materials
7.7%
Health Care
6.9%
Financials
6.4%
Consumer Staples
3.8%
Financial Services
3.8%
Full portfolio 21 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) | $372,608,695 | 12.63% | 386,123 | $257,431,255 | Up ×1 | ||
| LIN Linde plc - Ordinary Shares | $226,703,609 | 7.69% | 436,859 | $51,729,083 | Up ×1 | ||
| ADI Analog Devices, Inc. - Common Stock | $225,174,737 | 7.63% | 566,948 | $69,558,147 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $224,690,745 | 7.62% | 942,732 | $189,964,013 | Up ×1 | ||
| UNP Union Pacific Corporation Common Stock | $207,390,480 | 7.03% | 762,465 | $31,757,377 | Up ×3 | ||
| HSIC Henry Schein, Inc. - Common Stock | $204,347,632 | 6.93% | 2,446,691 | $-47,165,926 | Down ×1 | ||
| NU Nu Holdings Ltd. Class A Ordinary Shares | $187,530,793 | 6.36% | 14,036,736 | $27,701,862 | Up ×3 | ||
| SPOT Spotify Technology S.A. Ordinary Shares | $185,102,851 | 6.28% | 403,160 | $16,381,811 | Up ×1 | ||
| LRCX Lam Research Corporation - Common Stock | $168,515,970 | 5.71% | 388,886 | Up ×1 | |||
| AMD Advanced Micro Devices, Inc. - Common Stock | $138,232,182 | 4.69% | 237,958 | Up ×1 | |||
| CPNG Coupang, Inc. Class A Common Stock | $117,615,414 | 3.99% | 6,771,181 | $2,975,355 | Up ×1 | ||
| PRMB Primo Brands Corporation Class A Common Stock | $112,525,304 | 3.82% | 4,604,145 | $-57,883,899 | Down ×1 | ||
| V Visa Inc. | $111,357,407 | 3.78% | 324,572 | $-115,783,509 | Down ×1 | ||
| JHX James Hardie Industries plc. Ordinary Shares | $108,136,411 | 3.67% | 4,130,497 | Up ×1 | |||
| TTMI TTM Technologies, Inc. - Common Stock | $105,214,086 | 3.57% | 562,582 | Up ×1 | |||
| NVDA NVIDIA Corporation - Common Stock | $78,099,129 | 2.65% | 390,320 | $46,238,342 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $62,261,359 | 2.11% | 174,221 | $-107,575,890 | Down ×1 | ||
| CVNA Carvana Co. Class A Common Stock | $52,368,696 | 1.78% | 795,635 | $-72,756,745 | Up ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $28,969,479 | 0.98% | 77,662 | $221,336 | |||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $19,726,984 | 0.67% | 41,307 | Up ×1 | |||
| PSKY Paramount Skydance Corporation - Class B Common Stock | $12,798,280 | 0.43% | 1,298,000 | $1,090,320 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| STX | Bought more | +92K | +$257.4M |
| V | Trimmed | -427K | -$115.8M |
| GOOGL | Trimmed | -416K | -$107.6M |
| CVNA | Bought more | +398K | -$72.8M |
| ADI | Bought more | +78K | +$69.6M |
| PRMB | Trimmed | -4.4M | -$57.9M |
| LIN | Bought more | +84K | +$51.7M |
| HSIC | Trimmed | -966K | -$47.2M |
| NVDA | Bought more | +208K | +$46.2M |
| UNP | Bought more | +39K | +$31.8M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| ANSS | Sept. 30, 2025 | 494,274 | $173,598,914 | No longer tracked |
| PGR | Sept. 30, 2025 | 624,965 | $166,778,160 | -10.9% |
| SN | Dec. 31, 2025 | 1,388,046 | $143,176,945 | 61.3% |
| LPLA | Sept. 30, 2025 | 379,934 | $142,463,852 | 7.8% |
| GOOGL | March 31, 2025 | 752,488 | $142,445,978 | 121.2% |
| CLH | March 31, 2026 | 569,991 | $133,651,490 | 11.0% |
| AYI | March 31, 2026 | 370,529 | $133,405,261 | 22.4% |
| DHR | June 30, 2026 | 677,750 | $128,501,400 | 12.4% |
| PTC | June 30, 2026 | 890,595 | $126,900,882 | 34.5% |
| META | March 31, 2026 | 191,932 | $126,692,394 | -4.1% |
| PFGC | Dec. 31, 2025 | 1,159,583 | $120,643,015 | 16.5% |
| CPNG | Dec. 31, 2025 | 3,612,344 | $116,317,477 | -31.7% |
| CRS | March 31, 2026 | 367,701 | $115,766,983 | 24.4% |
| UAL | March 31, 2025 | 1,154,997 | $112,150,209 | 63.7% |
| SE | Dec. 31, 2025 | 621,330 | $111,050,311 | -8.5% |
| FLUT | Dec. 31, 2025 | 419,101 | $106,451,654 | -53.6% |
| CMCSA | March 31, 2026 | 3,476,179 | $103,902,990 | -7.8% |
| AMAT | June 30, 2026 | 286,566 | $97,945,393 | -31.7% |
| INTU | Sept. 30, 2025 | 120,479 | $94,892,875 | -47.2% |
| ATI | Sept. 30, 2025 | 1,062,298 | $91,718,809 | 160.0% |
| AMZN | March 31, 2025 | 408,896 | $89,707,693 | 35.5% |
| LUMN | March 31, 2026 | 11,167,585 | $86,772,135 | -13.5% |
| CRH | March 31, 2026 | 674,483 | $84,175,478 | -10.0% |
| GE | March 31, 2025 | 503,737 | $84,018,294 | 74.2% |
| LPX | June 30, 2025 | 911,621 | $83,850,900 | -13.9% |
| COF | March 31, 2026 | 340,394 | $82,497,890 | 19.3% |
| TLN | Dec. 31, 2025 | 191,560 | $81,485,793 | -15.8% |
| HLT | Dec. 31, 2025 | 309,390 | $80,268,142 | 15.1% |
| APO | June 30, 2025 | 470,278 | $64,399,869 | -7.3% |
| RDDT | March 31, 2025 | 362,644 | $59,270,535 | 46.1% |
| ENTG | Sept. 30, 2025 | 691,661 | $55,782,460 | 56.7% |
| VMC | March 31, 2025 | 212,800 | $54,738,544 | 17.1% |
| DAL | March 31, 2025 | 862,974 | $52,209,927 | 88.3% |
| APP | June 30, 2026 | 125,779 | $50,060,042 | -41.6% |
| INFY | March 31, 2026 | 2,709,445 | $48,282,310 | -12.3% |
| UAL | March 31, 2026 | 412,889 | $46,169,248 | 22.8% |
| GEV | March 31, 2025 | 125,934 | $41,423,471 | 217.8% |
| DOCU | March 31, 2025 | 431,000 | $38,764,140 | -25.1% |
| CHTR | March 31, 2025 | 108,200 | $37,087,714 | -60.0% |
| NVDA | March 31, 2025 | 261,777 | $35,154,033 | 100.1% |
| SNPS | June 30, 2025 | 78,408 | $33,625,271 | -22.3% |
| DLTR | March 31, 2026 | 223,700 | $27,517,337 | 18.9% |
| BKNG | March 31, 2025 | 4,659 | $23,147,869 | -95.5% |
| CRM | June 30, 2026 | 116,527 | $21,752,095 | 31.2% |
| SATS | Sept. 30, 2025 | 717,139 | $19,864,750 | No longer tracked |
| PCOR | March 31, 2026 | 250,000 | $18,185,000 | 9.2% |
| PARA | Sept. 30, 2025 | 1,298,000 | $16,744,200 | |
| ROKU | June 30, 2026 | 53,189 | $5,032,743 | 14.0% |
| KKR | Sept. 30, 2025 | 24,400 | $3,245,932 | -16.4% |
| TTAN | March 31, 2025 | 28,156 | $2,896,408 | -4.0% |
| LYV | Sept. 30, 2025 | 16,282 | $2,463,141 | 11.6% |
| FICO | Dec. 31, 2025 | 1,463 | $2,189,423 | -31.0% |