Palestra Capital Management LLC

CIK

1568788

Location

NEW YORK, NY

Portfolio Value

Mid $2,565,106,017

Diversification

Diversified

Filing Date

Global Rank

#857 / 8,232 ▼ 3

Top Industry

Internet Content & Information 13.2%

3Y Alpha vs SPY

+0.1%

Period ended 2 months ago

Filed May 15, 2026 · 29d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+77.1%

SPY

+76.5%

Annualised alpha

+0.1%

Max drawdown

−24.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

22 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.8%

+3.4 pts

Top 5

39.7%

+9.6 pts

Top 10

70.2%

+15.3 pts

HHI

623

Diversified+177

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.5%	$578,001,328	7
Communication Services	15.8%	$405,359,034	5
Financial Services	15.1%	$386,969,847	2
Healthcare	14.8%	$380,014,957	2
Consumer Cyclical	10.7%	$274,492,229	3
Consumer Defensive	7.4%	$189,660,994	1
Industrials	6.8%	$175,633,103	1
Basic Materials	6.8%	$174,974,525	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
PRMB	Primo Brands Corp	+5,052,380	10,072,278	$189,660,994
NU	Nu Holdings Ltd.	+1,941,811	11,122,403	$159,828,931
HSIC	Henry Schein Inc	+1,029,830	3,412,667	$251,513,557
PSKY	Paramount Skydance Corp	+975,000	1,298,000	$11,707,960
PTC	Ptc Inc.	+656,188	890,595	$126,900,881
V	Visa Inc.	+275,083	751,525	$227,140,916
GOOGL	Alphabet Inc.	+244,750	590,615	$169,837,249
CVNA	Carvana Co.	+105,455	398,007	$125,125,440
UNP	Union Pacific Corp	+36,604	723,902	$175,633,103
DHR	Danaher Corp /De/	+15,233	677,750	$128,501,400
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	−585,803	166,739	$34,726,731
CRM	Salesforce, Inc.	−306,995	116,527	$21,752,095
MSFT	Microsoft Corp	−69,762	77,662	$28,748,142
LIN	Linde PLC	−48,552	352,942	$174,974,525
NVDA	Nvidia Corp	−21,448	182,688	$31,860,787
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
SPOT	Spotify Technology S.A.	347,943	$168,721,040
ADI	Analog Devices Inc	489,145	$155,616,590
STX	Seagate Technology Holdings plc	294,000	$115,177,440
CPNG	Coupang, Inc.	6,072,037	$114,640,058
AMAT	Applied Materials Inc /De	286,566	$97,945,393
ROKU	Roku, Inc	53,189	$5,032,743
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
CLH	Clean Harbors Inc	569,991	$133,651,489
AYI	Acuity Inc. (De)	370,529	$133,405,261
META	Meta Platforms, Inc.	191,932	$126,692,393
CRS	Carpenter Technology Corp	367,701	$115,766,982
CMCSA	Comcast Corp	3,476,179	$97,378,549
LUMN	Lumen Technologies, Inc.	11,167,585	$86,772,135
CRH	Crh Public Ltd Co	674,483	$84,175,478
COF	Capital One Financial Corp	340,394	$82,497,889
INFY	Infosys Ltd	2,709,445	$48,282,309
UAL	United Airlines Holdings, Inc.	412,889	$46,169,247
DLTR	Dollar Tree, Inc.	223,700	$27,517,337
PCOR	Procore Technologies, Inc.	250,000	$18,185,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

22 positions · $2,565,106,017 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HSIC	Henry Schein Inc Healthcare	Added	3,412,667	+1,029,830	$251,513,557	+39.7%	9.81%
V	Visa Inc. Financial Services	Added	751,525	+275,083	$227,140,916	+35.9%	8.86%
PRMB	Primo Brands Corp Consumer Defensive	Added	10,072,278	+5,052,380	$189,660,994	+131.1%	7.39%
UNP	Union Pacific Corp Industrials	Added	723,902	+36,604	$175,633,103	+10.5%	6.85%
LIN	Linde PLC Basic Materials	Reduced	352,942	-48,552	$174,974,525	+2.2%	6.82%
GOOGL	Alphabet Inc. Communication Services	Added	590,615	+244,750	$169,837,249	+56.9%	6.62%
SPOT	Spotify Technology S.A. Communication Services	NEW	347,943	NEW	$168,721,040	NEW	6.58%
NU	Nu Holdings Ltd. Financial Services	Added	11,122,403	+1,941,811	$159,828,931	+4.0%	6.23%
ADI	Analog Devices Inc Technology	NEW	489,145	NEW	$155,616,590	NEW	6.07%
DHR	Danaher Corp /De/ Healthcare	Added	677,750	+15,233	$128,501,400	−15.3%	5.01%
PTC	Ptc Inc. Technology	Added	890,595	+656,188	$126,900,881	+210.8%	4.95%
CVNA	Carvana Co. Consumer Cyclical	Added	398,007	+105,455	$125,125,440	+1.3%	4.88%
STX	Seagate Technology Holdings plc Technology	NEW	294,000	NEW	$115,177,440	NEW	4.49%
CPNG	Coupang, Inc. Consumer Cyclical	NEW	6,072,037	NEW	$114,640,058	NEW	4.47%
AMAT	Applied Materials Inc /De Technology	NEW	286,566	NEW	$97,945,393	NEW	3.82%
APP	AppLovin Corp Communication Services	Held	125,779	0	$50,060,042	−40.9%	1.95%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	166,739	-585,803	$34,726,731	−80.0%	1.35%
NVDA	Nvidia Corp Technology	Reduced	182,688	-21,448	$31,860,787	−16.3%	1.24%
MSFT	Microsoft Corp Technology	Reduced	77,662	-69,762	$28,748,142	−59.7%	1.12%
CRM	Salesforce, Inc. Technology	Reduced	116,527	-306,995	$21,752,095	−80.6%	0.85%
PSKY	Paramount Skydance Corp Communication Services	Added	1,298,000	+975,000	$11,707,960	+170.5%	0.46%
ROKU	Roku, Inc Communication Services	NEW	53,189	NEW	$5,032,743	NEW	0.20%