Palestra Capital Management LLC

The portfolio is now highly concentrated, consisting of only 18 holdings. The allocation is remarkably even across these positions, with the top holding (Capital One) representing just 7.56% of the portfolio and the smallest position (Paramount Skydance) representing 1.27%. The top 10 positions range between 5.5% and 7.6%, indicating a "best ideas" strategy where capital is distributed almost equally among high-conviction names rather than being weighted heavily by market capitalization.

2. Key Holdings

The portfolio composition reflects a barbell strategy combining established blue-chip giants with high-growth, emerging market, and special situation plays.