Q2 2026 13F · SEC CIK 1568788
Palestra Capital Management LLC
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $2.9B
- Reported positions
- 21
- Top holdings a year, 3 yrs
- +16.3%
- Assets under management
- $5.4B
Palestra Capital Management LLC is a hedge fund that reported 21 positions worth $2.9B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Seagate Technology Hldngs Pl (STX, 12.6%), Linde PLC (LIN, 7.7%), Analog Devices Inc (ADI, 7.6%). A portfolio copying its top holdings returned 16.3% a year over the last 3 years, against 22.3% for the S&P 500.
Palestra Capital Management LLC holdings all 21 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| STXSeagate Technology Hldngs Pl | 12.6% | +31.3% | $372.6M |
| LINLinde PLC | 7.7% | +23.8% | $226.7M |
| ADIAnalog Devices Inc | 7.6% | +15.9% | $225.2M |
| AMZNAmazon Com Inc | 7.6% | +465.4% | $224.7M |
| UNPUnion Pac Corp | 7.0% | +5.3% | $207.4M |
| HSICSchein Henry Inc Com | 6.9% | -28.3% | $204.3M |
| NUNu Hldgs Ltd | 6.4% | +26.2% | $187.5M |
| SPOTSpotify Technology SA | 6.3% | +15.9% | $185.1M |
| LRCXLam Research Corp | 5.7% | — | $168.5M |
| AMDAdvanced Micro Devices Inc | 4.7% | — | $138.2M |
| CPNGCoupang Inc | 4.0% | +11.5% | $117.6M |
| PRMBPrimo Brands Corporation Class A Com Shs | 3.8% | -49.1% | $112.5M |
| VVisa Inc | 3.8% | -56.8% | $111.4M |
| JHXJames Hardie Inds PLC | 3.7% | — | $108.1M |
| TTMITtm Technologies Inc | 3.6% | — | $105.2M |
| NVDANvidia Corporation | 2.6% | +113.7% | $78.1M |
| GOOGLAlphabet Inc | 2.1% | -70.5% | $62.3M |
| CVNACarvana Co | 1.8% | +99.9% | $52.4M |
| MSFTMicrosoft Corp | 1.0% | +0.0% | $29.0M |
| TSMTaiwan Semiconductor Manufac | 0.7% | — | $19.7M |
| PSKYParamount Skydance Corp | 0.4% | +0.0% | $12.8M |
What Palestra Capital Management LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- LRCX Lam Research Corp5.7% of 13F
- AMD Advanced Micro Devices Inc4.7% of 13F
- JHX James Hardie Inds PLC3.7% of 13F
- TTMI Ttm Technologies Inc3.6% of 13F
- TSM Taiwan Semiconductor Manufac0.7% of 13F
Added to
- AMZN Amazon Com Inc+465.4% shares
- NVDA Nvidia Corporation+113.7% shares
- CVNA Carvana Co+99.9% shares
- STX Seagate Technology Hldngs Pl+31.3% shares
- NU Nu Hldgs Ltd+26.2% shares
- LIN Linde PLC+23.8% shares
- ADI Analog Devices Inc+15.9% shares
- SPOT Spotify Technology SA+15.9% shares
Reduced
- GOOGL Alphabet Inc-70.5% shares
- V Visa Inc-56.8% shares
- PRMB Primo Brands Corporation Class A Com Shs-49.1% shares
- HSIC Schein Henry Inc Com-28.3% shares
Sold out
- DHR Danaher Corp Delwas 5.0%
- PTC Ptc Incwas 5.0%
- AMAT Applied Matls Incwas 3.8%
- APP Applovin Corpwas 2.0%
- CRM Salesforce Incwas 0.9%
- ROKU Roku Incwas 0.2%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -6.6% /yr
- S&P 500 +11.7%
- 3 years
- +16.3% /yr
- S&P 500 +22.3%
- 5 years
- +2.3% /yr
- S&P 500 +10.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $2.9B | 21 |
| Q1 2026 | $2.5B | 22 |
| Q4 2025 | $2.8B | 28 |
| Q3 2025 | $3.0B | 27 |
| Q2 2025 | $3.4B | 30 |
| Q1 2025 | $2.5B | 25 |
| Q4 2024 | $3.6B | 36 |
| Q3 2024 | $3.0B | 36 |
| Q2 2024 | $2.5B | 33 |
| Q1 2024 | $2.6B | 35 |
| Q4 2023 | $2.0B | 24 |
| Q3 2023 | $1.9B | 23 |
Questions about Palestra Capital Management LLC's portfolio
What stocks does Palestra Capital Management LLC own?
Palestra Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 21 positions worth $2.9B. The largest are Seagate Technology Hldngs Pl (STX) at 12.6%, Linde PLC (LIN) at 7.7%, Analog Devices Inc (ADI) at 7.6%, Amazon Com Inc (AMZN) at 7.6% and Union Pac Corp (UNP) at 7.0%.
What did Palestra Capital Management LLC buy last quarter?
In Q2 2026, Palestra Capital Management LLC added a new position in Lam Research Corp (LRCX), a new position in Advanced Micro Devices Inc (AMD), a new position in James Hardie Inds PLC (JHX), a new position in Ttm Technologies Inc (TTMI), a new position in Taiwan Semiconductor Manufac (TSM), Amazon Com Inc (AMZN) (+465.4% shares), Nvidia Corporation (NVDA) (+113.7% shares) and Carvana Co (CVNA) (+99.9% shares), compared with its Q1 2026 filing.
What did Palestra Capital Management LLC sell last quarter?
In Q2 2026, Palestra Capital Management LLC sold all of Danaher Corp Del (DHR), sold all of Ptc Inc (PTC), sold all of Applied Matls Inc (AMAT), sold all of Applovin Corp (APP), sold all of Salesforce Inc (CRM), Alphabet Inc (GOOGL) (-70.5% shares), Visa Inc (V) (-56.8% shares) and Primo Brands Corporation Class A Com Shs (PRMB) (-49.1% shares), compared with its Q1 2026 filing.
How has Palestra Capital Management LLC's portfolio performed?
A portfolio copying Palestra Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.3% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: -6.6% against +11.7%. Over 5 years: +2.3% a year against +10.6%.
When is Palestra Capital Management LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Palestra Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Palestra Capital Management LLC manage?
Palestra Capital Management LLC reported $5.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.9B.