Palestra Capital Management LLC

CIK

1568788

Location

NEW YORK, NY

Portfolio Value

Mid $2,465,005,665

Diversification

Diversified

Filing Date

Global Rank

#1,067 / 8,621 ▼ 63 · as of Mar 2026

Top Industry

Internet Content & Information 13.7%

3Y Alpha vs SPY

+0.9%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+68.2%

SPY

+67.5%

Annualised alpha

+0.2%

Max drawdown

−23.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 99% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

10.2%

+3.6 pts

Top 5

41.3%

+10.1 pts

Top 10

73.1%

+16.2 pts

HHI

650

Diversified+191

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	23.4%	$578,001,328	7
Communication Services	16.4%	$405,359,034	5
Financial Services	15.7%	$386,969,847	2
Healthcare	15.4%	$380,014,957	2
Consumer Defensive	7.7%	$189,660,994	1
Industrials	7.1%	$175,633,103	1
Basic Materials	7.1%	$174,974,525	1
Consumer Cyclical	7.1%	$174,391,877	3

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	$25,025,088
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 · $2,465,005,665 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%	10.20%
V	Visa Inc. Financial Services	Added	751,525	+275,083	$227,140,916	+35.9%	9.21%
PRMB	Primo Brands Corp CALL + SHARES Consumer Defensive	Added	10,072,278	+5,052,380	$189,660,994	+131.1%	7.69%
UNP	Union Pacific Corp Industrials	Added	723,902	+36,604	$175,633,103	+10.5%	7.13%
LIN	Linde PLC Basic Materials	Reduced	352,942	-48,552	$174,974,525	+2.2%	7.10%
GOOGL	Alphabet Inc. Communication Services	Added	590,615	+244,750	$169,837,249	+56.9%	6.89%
SPOT	Spotify Technology S.A. Communication Services	NEW	347,943	NEW	$168,721,040	NEW	6.84%
NU	Nu Holdings Ltd. Financial Services	Added	11,122,403	+1,941,811	$159,828,931	+4.0%	6.48%
ADI	Analog Devices Inc Technology	NEW	489,145	NEW	$155,616,590	NEW	6.31%
DHR	Danaher Corp /De/ Healthcare	Added	677,750	+15,233	$128,501,400	−15.3%	5.21%
PTC	Ptc Inc. Technology	Added	890,595	+656,188	$126,900,881	+210.8%	5.15%
STX	Seagate Technology Holdings plc Technology	NEW	294,000	NEW	$115,177,440	NEW	4.67%
CPNG	Coupang, Inc. Consumer Cyclical	NEW	6,072,037	NEW	$114,640,058	NEW	4.65%
AMAT	Applied Materials Inc /De Technology	NEW	286,566	NEW	$97,945,393	NEW	3.97%
APP	AppLovin Corp Communication Services	Held	125,779	0	$50,060,042	−40.9%	2.03%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	166,739	-585,803	$34,726,731	−80.0%	1.41%
NVDA	Nvidia Corp Technology	Reduced	182,688	-21,448	$31,860,787	−16.3%	1.29%
MSFT	Microsoft Corp Technology	Reduced	77,662	-69,762	$28,748,142	−59.7%	1.17%
CVNA	Carvana Co. Consumer Cyclical	Added	398,007	+105,455	$25,025,088	+1.3%	1.02%
CRM	Salesforce, Inc. Technology	Reduced	116,527	-306,995	$21,752,095	−80.6%	0.88%
PSKY	Paramount Skydance Corp Communication Services	Added	1,298,000	+975,000	$11,707,960	+170.5%	0.47%
ROKU	Roku, Inc Communication Services	NEW	53,189	NEW	$5,032,743	NEW	0.20%