Palestra Capital Management LLC: UNION PACIFIC (UNP): Quarterly 13F Position History
As of Q1 2026, Palestra Capital Management LLC reported 723,902 shares of UNION PACIFIC (UNP), worth $175.6M and representing 6.9% of its 13F equity book. Quarter-over-quarter share count change: + 36,604 (+5.3%) . The position first appeared in Q1 2017 and has been disclosed across 37 13F-HR filings in Pactolio's tracked window.
- 723,902Shares Held (Latest Filing)
- $175.6MReported Market Value (Latest Filing)
- 6.9%Portfolio Weight (% of 13F Equity Book)
- +36,604Quarter-over-Quarter Share Change
- +$16.6MQuarter-over-Quarter Value Change
- 1,058,095Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 37 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 723,902 | +36,604 | +5.3% | $175.6M | 6.9% | $242.6 |
| Q4 2025 | 687,298 | +145,791 | +26.9% | $159.0M | 5.7% | $231.3 |
| Q3 2025 | 541,507 | +541,507 | — | $128.0M | 4.2% | $236.4 |
| Q2 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2023 | 0 | 607,312 | -100.0% | $0 | 0.0% | — |
| Q4 2022 | 607,312 | 328,890 | -35.1% | $125.8M | 6.9% | $207.1 |
| Q3 2022 | 936,202 | +936,202 | — | $182.4M | 8.6% | $194.8 |
| Q2 2022 | 0 | 372,855 | -100.0% | $0 | 0.0% | — |
| Q1 2022 | 372,855 | +372,855 | — | $101.9M | 3.2% | $273.2 |
| Q4 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2020 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2019 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2019 | 0 | 1,058,095 | -100.0% | $0 | 0.0% | — |
| Q2 2019 | 1,058,095 | +118,055 | +12.6% | $178.9M | 5.2% | $169.1 |
| Q1 2019 | 940,040 | +462,840 | +97.0% | $157.2M | 5.3% | $167.2 |
| Q4 2018 | 477,200 | +477,200 | — | $66.0M | 3.2% | $138.2 |
| Q3 2018 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2018 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2018 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2017 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2017 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2017 | 0 | 563,115 | -100.0% | $0 | 0.0% | — |
| Q1 2017 | 563,115 | — | — | $59.6M | 4.5% | $105.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Palestra Capital Management LLC first disclose a UNP position in 13F-HR filings?
Palestra Capital Management LLC first reported UNION PACIFIC (UNP) on its 13F-HR filing for the period ending 2017-03-31 (Q1 2017). The position has appeared on 37 reported quarters within Pactolio's tracked window.
What was Palestra Capital Management LLC's most recent quarter-over-quarter share-count change in UNP?
Between Q4 2025 and Q1 2026, Palestra Capital Management LLC added 36,604 shares of UNP (+5.3%), bringing the total reported position to 723,902 shares at a market value of $175.6M.
Does the implied price-per-share represent Palestra Capital Management LLC's cost basis in UNP?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.