Palestra Capital Management LLC
SEC Form 13F institutional filer · CIK 0001568788
13F-HR · 17 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$1.93B
Top-10 concentration
85.6%
Palestra Capital Management LLC — $1.93B AUM allocation strategy
Palestra Capital Management LLC files SEC Form 13F and reports $1.93B of long US equity value across 17 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 30.0%, followed by Health Care 19.7% and Communication Services 12.0%.
The top 10 holdings account for 86% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Palestra Capital Management LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$1.93B
total across 17 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
86% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$HSIC +1.03M sh · +$71.4M+$PSKY +975K sh · +$7.38M+$PTC +656K sh · +$86.1M
Biggest trims (shares)
−$AMZN −586K sh · −$139M−$CRM −307K sh · −$90.4M−$MSFT −69.8K sh · −$42.5M
Exited to nil (held last quarter, gone now)
$META ($127M last qtr)$CMCSA ($104M last qtr)$CRH ($84.2M last qtr)$COF ($82.5M last qtr)$UAL ($46.2M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Health Care Distributors13.1%—
- Transaction & Payment Processing Services11.8%—
- Semiconductors9.7%—
- Rail Transportation9.1%—
- Industrial Gases9.1%—
- Interactive Media & Services8.8%—
- Application Software7.7%—
- Life Sciences Tools & Services6.7%—
- Other holdings24.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $HSIC | Henry Schein Inc | 3.41M | $252M | +1.03M | 13.1% |
| $V | Visa Inc | 752K | $227M | +275K | 11.8% |
| $UNP | Union Pacific Corporation | 724K | $176M | +36.6K | 9.1% |
| $LIN | Linde plc | 353K | $175M | -48.6K | 9.1% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 591K | $170M | +245K | 8.8% |
| $ADI | Analog Devices Inc | 489K | $156M | — | 8.1% |
| $DHR | Danaher Corporation | 678K | $129M | +15.2K | 6.7% |
| $PTC | PTC Inc | 891K | $127M | +656K | 6.6% |
| $CVNA | Carvana Co | 398K | $125M | +105K | 6.5% |
| $STX | Seagate Technology Holdings PLC | 294K | $115M | — | 6.0% |
…and 7 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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