13F Insight
DOSSIER · 13F-HR · Q1 2026

Palestra Capital Management LLC

$2.6B in tracked AUM across 23 positions as of Q1 2026.

PC
CIK 0001568788 · last filed Mar 31, 2026
Total AUM
$2.6B
as of Q1 2026
Holdings
23
—
positions
Whale Score
70
70
strong
Activity
—
no data
changes this Q
AI Analysis · Q1 2026
Comprehensive Analysis of Palestra Capital Management LLC 13F Filing
1. Portfolio Overview

Palestra Capital Management LLC has undergone a significant transformation in the quarter ending September 30, 2025. The firm executed a substantial deleveraging strategy, reducing the total portfolio value by 43.6% from $3.44 billion to $1.94 billion. This reduction was not merely a function of market performance but a result of active portfolio management, evidenced by the exit from 17 positions an...

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.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
HSIC
SCHEIN HENRY INC
$252M3.4M9.8%02
V
VISA INC
$227M752K8.9%03
PRMB
PRIMO BRANDS CORPORATION
$190M10.1M7.4%04
UNP
UNION PAC CORP
$176M724K6.8%05
G54950103
LINDE PLC
$175M353K6.8%06
GOOGL
ALPHABET INC
$170M591K6.6%07
L8681T102
SPOTIFY TECHNOLOGY S A
$169M348K6.6%08
G6683N103
NU HLDGS LTD
$160M11.1M6.2%09
ADI
ANALOG DEVICES INC
$156M489K6.1%10
DHR
DANAHER CORP DEL
$129M678K5.0%

Filing history

2026Q1Mar 31
$2.6B▼ 9.3%
23 positionsView →2025Q4Dec 31
$2.8B▲ 45.8%
29 positionsView →2025Q3Sep 30
$1.9B▼ 43.6%
18 positionsView →2025Q2Jun 30
$3.4B▲ 35.4%
31 positionsLocked2025Q1Mar 31
$2.5B▼ 30.4%
26 positionsLocked2024Q4Dec 31
$3.6B▲ 20.4%
36 positionsLocked2024Q3Sep 30
$3.0B▲ 19.6%
36 positionsLocked2024Q2Jun 30
$2.5B▼ 5.6%
33 positionsLocked2024Q1Mar 31
$2.7B▲ 33.3%
36 positionsLocked2023Q4Dec 31
$2.0B▲ 6.3%
24 positionsLocked2023Q3Sep 30
$1.9B▼ 6.4%
23 positionsLocked2023Q2Jun 30
$2.0B▲ 8.8%
27 positionsLocked
Showing 12 of 51