Palestra Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Palestra Capital Management LLC reported 36 stock positions worth $3.6 billion. Its top holding was Meta Platforms Class A (META) at 7.0% of the portfolio, followed by Salesforce (CRM, 5.2%) and Henry Schein (HSIC, 5.0%). Compared with Q3 2024, it opened 7 new positions, sold out of 7, added to 11 and reduced 9. The biggest buy was a new position in Henry Schein (HSIC) and the biggest sale an exit from Allstate (ALL).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001568788
- Portfolio Value
- $3.6B (Q4 2024)
- SEC Filing
- 0001172661-25-001248 ↗ filed Feb 14, 2025
Holdings Value
Holdings 36 stocks · $3.6B
| META Meta Platforms Inc. Class A | 7.03% | 438,062 | $256.5M | Add +14.1% |
| CRM Salesforce Inc. | 5.18% | 564,950 | $188.9M | Reduce -19.3% |
| HSIC Henry Schein Inc. | 5.01% | 2,644,336 | $183.0M | New |
| SN Sharkninja Inc. | 4.75% | 1,780,785 | $173.4M | Add +83.4% |
| FLUT Flutter Entertainment PLC-Di | 4.75% | 670,695 | $173.3M | Reduce -22.9% |
| INTU Intuit Inc. | 4.67% | 271,440 | $170.6M | Add +0.4% |
| PTC PTC Inc. | 4.61% | 914,948 | $168.2M | Add +17.0% |
| PFGC Performance Food Group Co. | 4.60% | 1,983,377 | $167.7M | Add +6.6% |
| CVNA Carvana Co. | 4.50% | 807,016 | $164.1M | Add +15.5% |
| COF Capital One Financial Corp. | 4.40% | 901,359 | $160.7M | Add +12.3% |
| PGR Progressive Corp. | 3.93% | 598,554 | $143.4M | Add +3397.7% |
| GOOGL Alphabet Inc. Class A | 3.90% | 752,488 | $142.4M | Add +17.8% |
| CRH CRH PLC | 3.70% | 1,460,956 | $135.2M | Add +15.5% |
| MSFT Microsoft Corp. | 3.45% | 298,553 | $125.8M | Reduce -3.7% |
| APO Apollo Global Management Inc. | 3.22% | 712,457 | $117.7M | New |
| UAL United Airlines Holdings Inc. | 3.07% | 1,154,997 | $112.2M | Add +41.4% |
| V Visa Inc. Class A | 2.97% | 343,053 | $108.4M | Reduce -25.0% |
| LPLA LPL Financial Holdings Inc. | 2.94% | 328,286 | $107.2M | New |
| HLT Hilton Worldwide Holdings Inc. | 2.74% | 404,413 | $100.0M | No change |
| LYV Live Nation Entertainment Inc. | 2.51% | 707,731 | $91.7M | Reduce -11.2% |
| AMZN Amazon.com Inc. | 2.46% | 408,896 | $89.7M | Reduce -28.9% |
| GE General Electric filed as GE AEROSPACE | 2.30% | 503,737 | $84.0M | No change |
| LUMN Lumen Technologies Inc. | 1.62% | 11,167,585 | $59.3M | No change |
| RDDT Reddit Inc. Class A | 1.62% | 362,644 | $59.3M | New |
| VMC Vulcan Materials Co. | 1.50% | 212,800 | $54.7M | No change |
| DAL Delta Air Lines Inc. | 1.43% | 862,974 | $52.2M | Reduce -7.3% |
| GEV GE Vernova Inc. | 1.14% | 125,934 | $41.4M | No change |
| DOCU Docusign Inc. | 1.06% | 431,000 | $38.8M | New |
| CHTR Charter Communications Inc. Class A | 1.02% | 108,200 | $37.1M | No change |
| NVDA Nvidia Corp. | 0.96% | 261,777 | $35.2M | Reduce -22.8% |
| LPX Louisiana-Pacific Corp. | 0.95% | 333,373 | $34.5M | New |
| BKNG Booking Holdings Inc. | 0.63% | 4,659 | $23.1M | Reduce -18.6% |
| DLTR Dollar Tree Inc. | 0.46% | 223,700 | $16.8M | No change |
| ECHO Echostar Corp. Class A | 0.45% | 717,139 | $16.4M | No change |
| PARAA Paramount Global Class B | 0.37% | 1,298,000 | $13.6M | No change |
| TTAN Servicetitan Inc. Class A | 0.08% | 28,156 | $2.9M | New |
Portfolio Sells Q3 2024 → Q4 2024
| ALL Allstate Corp. | Sold out | 0.00% | −3.08 |
| MMM 3M Co. | Sold out | 0.00% | −2.43 |
| VST Vistra Corp. | Sold out | 0.00% | −2.10 |
| AER Aercap Holdings NV | Sold out | 0.00% | −2.09 |
| FLUT Flutter Entertainment PLC-Di | Reduce -22.9% | 4.75% | −2.06 |
| V Visa Inc. Class A | Reduce -25.0% | 2.97% | −1.18 |
| CRM Salesforce Inc. | Reduce -19.3% | 5.18% | −1.14 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −1.12 |
| AMZN Amazon.com Inc. | Reduce -28.9% | 2.46% | −1.08 |
| MSFT Microsoft Corp. | Reduce -3.7% | 3.45% | −0.95 |
| NVDA Nvidia Corp. | Reduce -22.8% | 0.96% | −0.39 |
| LYV Live Nation Entertainment Inc. | Reduce -11.2% | 2.51% | −0.37 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.20 |
| BKNG Booking Holdings Inc. | Reduce -18.6% | 0.63% | −0.16 |
| DAL Delta Air Lines Inc. | Reduce -7.3% | 1.43% | −0.13 |
| TRU Transunion | Sold out | 0.00% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| HSIC Henry Schein Inc. | New | 5.01% | +5.01 |
| PGR Progressive Corp. | Add +3397.7% | 3.93% | +3.79 |
| APO Apollo Global Management Inc. | New | 3.22% | +3.22 |
| LPLA LPL Financial Holdings Inc. | New | 2.94% | +2.94 |
| RDDT Reddit Inc. Class A | New | 1.62% | +1.62 |
| UAL United Airlines Holdings Inc. | Add +41.4% | 3.07% | +1.54 |
| SN Sharkninja Inc. | Add +83.4% | 4.75% | +1.27 |
| DOCU Docusign Inc. | New | 1.06% | +1.06 |
| LPX Louisiana-Pacific Corp. | New | 0.95% | +0.95 |
| CVNA Carvana Co. | Add +15.5% | 4.50% | +0.48 |
| COF Capital One Financial Corp. | Add +12.3% | 4.40% | +0.44 |
| GOOGL Alphabet Inc. Class A | Add +17.8% | 3.90% | +0.41 |
| TTAN Servicetitan Inc. Class A | New | 0.08% | +0.08 |
| PTC PTC Inc. | Add +17.0% | 4.61% | −0.05 |
| CRH CRH PLC | Add +15.5% | 3.70% | −0.17 |
| PFGC Performance Food Group Co. | Add +6.6% | 4.60% | −0.22 |
| META Meta Platforms Inc. Class A | Add +14.1% | 7.03% | −0.22 |
| INTU Intuit Inc. | Add +0.4% | 4.67% | −0.86 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $2.9B | STX, LIN, ADI, AMZN, UNP |
| Q1 2026 | 22 | $2.5B | HSIC, V, UNP, LIN, PRMB |
| Q4 2025 | 28 | $2.8B | HSIC, AMZN, LIN, V, UNP |
| Q3 2025 | 27 | $3.0B | HSIC, MSFT, AMZN, COF, SN |
| Q2 2025 | 30 | $3.4B | META, HSIC, PRMB, PTC, ANSS |
| Q1 2025 | 25 | $2.5B | HSIC, META, PTC, FLUT, COF |
| Q4 2024 | 36 | $3.6B | META, CRM, HSIC, SN, FLUT |
| Q3 2024 | 36 | $3.0B | META, FLUT, CRM, INTU, PFGC |
| Q2 2024 | 33 | $2.5B | CRH, INTU, LYV, PTC, GOOGL |
| Q1 2024 | 35 | $2.6B | CRM, META, GOOGL, DFS, CRH |