Palestra Capital Management portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Palestra Capital Management reported a $2.9 bn portfolio of 21 positions to the SEC as of the end of Q2 2026. Its largest positions are STX, LIN, ADI. During the quarter it opened Lam Research and Advanced Micro Devices and exited Danaher and PTC.
Sections with a free account
What changed this quarter
25 positions with a change (5 new, 9 added to, 5 trimmed, 6 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Amazon.com+465%more sharesIncreased1.4% → 7.6%
- Lam Research+5.7 ppof portfolioNew— → 5.7%
- Alphabet−71%fewer sharesReduced6.7% → 2.1%
- Visa−57%fewer sharesReduced8.9% → 3.8%
- Advanced Micro Devices+4.7 ppof portfolioNew— → 4.7%
- Danaher−4.4 ppof portfolioSold out5.0% → —
- PTC−4.3 ppof portfolioSold out5.0% → —
- Primo Brands−49%fewer sharesReduced6.7% → 3.8%
- James Hardie Industries+3.7 ppof portfolioNew— → 3.7%
- TTM Technologies+3.6 ppof portfolioNew— → 3.6%
- Applied Materials−3.3 ppof portfolioSold out3.8% → —
- Seagate Technology Holdings+31%more sharesIncreased4.5% → 12.6%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Seagate Technology HoldingsSTX12.6%
- LindeLIN7.7%
- Analog DevicesADI7.6%
- Amazon.comAMZN7.6%
- Union PacificUNP7.0%
- Henry ScheinHSIC6.9%
- Nu HoldingsNU6.4%
- Spotify TechnologySPOT6.3%
- Lam ResearchLRCX5.7%
- Advanced Micro DevicesAMD4.7%
- CoupangCPNG4.0%
- Primo BrandsPRMB3.8%
- VisaV3.8%
- James Hardie IndustriesJHX3.7%
- TTM TechnologiesTTMI3.6%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Information Technology 39%
- ● Consumer Discretionary 13%
- ● Materials 11%
- ● Financials 10%
- ● Communication Services 9%
- ● Industrials 7%
- ● Health Care 7%
- ● Consumer Staples 4%
How its portfolio changed (8 quarters)
Q2 2026: 21
Q2 2026: 73%
Q2 2026: 34.1%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 31, 2026 (high confidence).
The data, as reported: PALESTRA CAPITAL MANAGEMENT LLC (CRD 160535): 7.B private funds: 2 hedge (gross assets $5.4 bn); 5.D assets by client type: pooled vehicles 100% (of $5.4 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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