Palestra Capital Management LLC 13F: Quarter-over-Quarter Portfolio Changes
Palestra Capital Management LLC reported a disclosed portfolio value of approximately $2.9 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 15.8% quarter on quarter. Over the quarter, the fund initiated 5 new positions, bought more shares in 10 holdings, trimmed 4 holdings, and exited 6 positions.
Palestra Capital Management LLC's top buy was Amazon.com INC (AMZN) . The fund bought 465.4% more shares, lifting the position's portfolio weight by 6.3 percentage points. Its top sell was Danaher CORP Del (DHR) . The fund exited the position completely after it had accounted for 5.0% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| LAM RESEARCH CORP | LRCX | 5.7% | History → |
| ADVANCED MICRO DEVICES INC | AMD | 4.7% | History → |
| JAMES HARDIE INDS PLC | JHX | 3.7% | Holders → |
| TTM TECHNOLOGIES INC | TTMI | 3.6% | Holders → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | 0.7% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| AMAZON.COM INC | AMZN | +6.3% | +465.4% | History → |
| NVIDIA CORPORATION | NVDA | +1.4% | +113.7% | Holders → |
| CARVANA CO | CVNA | +-3.1% | +99.9% | Holders → |
| SEAGATE TECHNOLOGY HLDNGS PL | STX | +8.1% | +31.3% | History → |
| NU HLDGS LTD | NU | +0.1% | +26.2% | History → |
| LINDE PLC | LIN | +0.8% | +23.8% | History → |
| ANALOG DEVICES INC | ADI | +1.5% | +15.9% | History → |
| SPOTIFY TECHNOLOGY S A | SPOT | +-0.4% | +15.9% | History → |
| COUPANG INC | CPNG | +-0.5% | +11.5% | Holders → |
| UNION PACIFIC CORP. | UNP | +0.1% | +5.3% | History → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| ALPHABET INC-CL A | GOOGL | -4.6% | 70.5% | Holders → |
| VISA INC-CLASS A SHRS | V | -5.1% | 56.8% | Holders → |
| PRIMO BRANDS CORPORATION | PRMB | -2.9% | 49.1% | Holders → |
| SCHEIN HENRY INC | HSIC | -3.0% | 28.3% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| DANAHER CORP DEL | DHR | 5.0% |
| PTC INC | PTC | 5.0% |
| APPLIED MATERIALS INC | AMAT | 3.8% |
| APPLOVIN CORP | APP | 2.0% |
| SALESFORCE INC | CRM | 0.9% |
| ROKU INC | ROKU | 0.2% |
Net Portfolio Value ChangeQ2 2026
- $2.5BPrior quarter
- $2.9BCurrent quarter
- +$0.4BNet delta
- +15.8%% change
Methodology & FAQ
How Palestra Capital Management LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Palestra Capital Management LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did Palestra Capital Management LLC buy in Q2 2026?
In Q2 2026, Palestra Capital Management LLC initiated 5 new positions (LAM RESEARCH CORP (LRCX), ADVANCED MICRO DEVICES INC (AMD), JAMES HARDIE INDS PLC (JHX), TTM TECHNOLOGIES INC (TTMI), TAIWAN SEMICONDUCTOR MANUFAC (TSM)); bought more shares of AMAZON.COM INC (AMZN), NVIDIA CORPORATION (NVDA), CARVANA CO (CVNA), SEAGATE TECHNOLOGY HLDNGS PL (STX), NU HLDGS LTD (NU) (the largest 5 of 10 adds).
What stocks did Palestra Capital Management LLC sell in Q2 2026?
In Q2 2026, Palestra Capital Management LLC fully sold 6 positions (DANAHER CORP DEL (DHR), PTC INC (PTC), APPLIED MATERIALS INC (AMAT), APPLOVIN CORP (APP), SALESFORCE INC (CRM), ROKU INC (ROKU)); reduced holdings in ALPHABET INC-CL A (GOOGL), VISA INC-CLASS A SHRS (V), PRIMO BRANDS CORPORATION (PRMB), SCHEIN HENRY INC (HSIC).
Which positions did Palestra Capital Management LLC initiate in Q2 2026?
Palestra Capital Management LLC established 5 new positions in Q2 2026: LAM RESEARCH CORP (LRCX, 5.7%), ADVANCED MICRO DEVICES INC (AMD, 4.7%), JAMES HARDIE INDS PLC (JHX, 3.7%), TTM TECHNOLOGIES INC (TTMI, 3.6%), TAIWAN SEMICONDUCTOR MANUFAC (TSM, 0.7%).
Which existing positions saw the largest allocation increases for Palestra Capital Management LLC in Q2 2026?
Of 10 existing positions with share-count increases in Q2 2026, the largest were: AMAZON.COM INC (AMZN, +6.3% weight, +465.4% shares), NVIDIA CORPORATION (NVDA, +1.4% weight, +113.7% shares), CARVANA CO (CVNA, +-3.1% weight, +99.9% shares), SEAGATE TECHNOLOGY HLDNGS PL (STX, +8.1% weight, +31.3% shares), NU HLDGS LTD (NU, +0.1% weight, +26.2% shares), LINDE PLC (LIN, +0.8% weight, +23.8% shares), ANALOG DEVICES INC (ADI, +1.5% weight, +15.9% shares), SPOTIFY TECHNOLOGY S A (SPOT, +-0.4% weight, +15.9% shares), COUPANG INC (CPNG, +-0.5% weight, +11.5% shares), UNION PACIFIC CORP. (UNP, +0.1% weight, +5.3% shares).
Which positions did Palestra Capital Management LLC fully exit in Q2 2026?
Palestra Capital Management LLC fully exited 6 positions in Q2 2026: DANAHER CORP DEL (DHR, last-reported weight 5.0%), PTC INC (PTC, last-reported weight 5.0%), APPLIED MATERIALS INC (AMAT, last-reported weight 3.8%), APPLOVIN CORP (APP, last-reported weight 2.0%), SALESFORCE INC (CRM, last-reported weight 0.9%), ROKU INC (ROKU, last-reported weight 0.2%).
Which existing positions saw the largest allocation reductions for Palestra Capital Management LLC in Q2 2026?
Of 4 existing positions with share-count reductions in Q2 2026, the largest were: ALPHABET INC-CL A (GOOGL, -4.6% weight, -70.5% shares), VISA INC-CLASS A SHRS (V, -5.1% weight, -56.8% shares), PRIMO BRANDS CORPORATION (PRMB, -2.9% weight, -49.1% shares), SCHEIN HENRY INC (HSIC, -3.0% weight, -28.3% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.