Institutional
Palestra Capital Management LLC
CIK 0001568788
$2.57B
Reported AUM
22
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Palestra Capital Management LLC · Q1 2026
AI · grounded in 13F
Palestra Capital Management LLC closed its position in Clean Harbors Inc CLH, reducing exposure by $133.65M. The fund also exited positions in Acuity Inc AYI and Meta Platforms Inc META, totaling $133.41M and $126.69M respectively. On the buy side, the fund established new positions in Spotify Technology S A SPOT for $168.72M and Analog Devices Inc ADI for $155.62M. Additionally, the fund doubled its stake in Primo Brands Corporation PRMB with a 100.65% increase in shares.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HSIC | SCHEIN HENRY INC | $77.45 | 1.51% | 10.06% | -3.37% | $251.5M | 9.81% | +1,029,830 | +43.2% |
| 2 | V | VISA INC | $323.57 | 1.06% | -11.91% | 36.33% | $227.1M | 8.86% | +275,083 | +57.7% |
| 3 | PRMB | PRIMO BRANDS CORPORATION | $22.95 | -0.30% | -25.29% | 57.28% | $189.7M | 7.39% | +5,052,380 | +100.6% |
| 4 | UNP | UNION PAC CORP | $272.32 | 3.19% | 24.65% | 39.36% | $175.6M | 6.85% | +36,604 | +5.3% |
| 5 | LIN | LINDE PLC | $507.90 | 0.09% | 9.24% | 76.81% | $175.0M | 6.82% | −48,552 | −12.1% |
| 6 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $169.8M | 6.62% | +244,750 | +70.8% |
| 7 | SPOT | SPOTIFY TECHNOLOGY S A | $496.95 | 0.68% | -30.23% | 117.32% | $168.7M | 6.58% | +347,943 | NEW |
| 8 | NU | NU HLDGS LTD | $11.97 | -1.24% | -1.48% | 61.32% | $159.8M | 6.23% | +1,941,811 | +21.2% |
| 9 | ADI | ANALOG DEVICES INC | $401.39 | -6.38% | 83.85% | 160.94% | $155.6M | 6.07% | +489,145 | NEW |
| 10 | DHR | DANAHER CORP DEL | $184.30 | -1.25% | -5.33% | -28.54% | $128.5M | 5.01% | +15,233 | +2.3% |
| 11 | PTC | PTC INC | $137.00 | -1.29% | -19.57% | 1.14% | $126.9M | 4.95% | +656,188 | +279.9% |
| 12 | CVNA | CARVANA CO | $66.51 | 0.48% | -2.61% | -1.48% | $125.1M | 4.88% | +105,455 | +36.0% |
| 13 | STX | SEAGATE TECHNOLOGY HLDNGS PL | $847.47 | -8.48% | 576.06% | 1018.37% | $115.2M | 4.49% | +294,000 | NEW |
| 14 | CPNG | COUPANG INC | $15.15 | -8.35% | -46.75% | -58.29% | $114.6M | 4.47% | +6,072,037 | NEW |
| 15 | AMAT | APPLIED MATLS INC | $453.01 | -9.71% | 173.68% | 237.67% | $97.9M | 3.82% | +286,566 | NEW |
| 16 | APP | APPLOVIN CORP | $557.20 | -0.30% | 33.34% | 806.46% | $50.1M | 1.95% | — | HELD |
| 17 | AMZN | AMAZON COM INC | $246.03 | -3.06% | 15.20% | 47.87% | $34.7M | 1.35% | −585,803 | −77.8% |
| 18 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | 44.92% | 955.49% | $31.9M | 1.24% | −21,448 | −10.5% |
| 19 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | $28.7M | 1.12% | −69,762 | −47.3% |
| 20 | CRM | SALESFORCE INC | $185.66 | -1.64% | -31.86% | -22.13% | $21.8M | 0.85% | −306,995 | −72.5% |
| 21 | PSKY | PARAMOUNT SKYDANCE CORP | $9.93 | -2.80% | -12.89% | -72.01% | $11.7M | 0.46% | +975,000 | +301.9% |
| 22 | ROKU | ROKU INC | $124.03 | 1.44% | 55.75% | -71.46% | $5.0M | 0.20% | +53,189 | NEW |
| 23 | CLH | CLEAN HARBORS INC | $283.03 | -1.35% | 25.25% | 197.93% | — | — | −569,991 | EXITED |
| 24 | AYI | ACUITY INC | $302.04 | -1.94% | 12.18% | 74.53% | — | — | −370,529 | EXITED |
| 25 | META | META PLATFORMS INC | $593.00 | -5.51% | -14.74% | 67.74% | — | — | −191,932 | EXITED |
| 26 | CRS | CARPENTER TECHNOLOGY CORP | $483.60 | -1.83% | 94.94% | 1250.10% | — | — | −367,701 | EXITED |
| 27 | CMCSA | COMCAST CORP NEW | $23.82 | 2.10% | -23.54% | -49.62% | — | — | −3,476,179 | EXITED |
| 28 | LUMN | LUMEN TECHNOLOGIES INC | $9.10 | 2.13% | 126.14% | -20.48% | — | — | −11,167,585 | EXITED |
| 29 | CRH | CRH PLC | $105.06 | -1.42% | 14.34% | 140.07% | — | — | −674,483 | EXITED |
| 30 | COF | CAPITAL ONE FINL CORP | $180.67 | -1.38% | -7.47% | 22.49% | — | — | −340,394 | EXITED |
| 31 | INFY | INFOSYS LTD | $12.28 | -0.93% | — | — | — | — | −2,709,445 | EXITED |
| 32 | UAL | UNITED AIRLS HLDGS INC | $105.73 | 0.75% | — | — | — | — | −412,889 | EXITED |
| 33 | DLTR | DOLLAR TREE INC | $108.80 | -0.43% | — | — | — | — | −223,700 | EXITED |
| 34 | PCOR | PROCORE TECHNOLOGIES INC | $48.57 | -4.20% | — | — | — | — | −250,000 | EXITED |
Source: SEC EDGAR · accession 0001214659-26-006485. 13F discloses long positions only — shorts, foreign equities, and options are excluded.