Palestra Capital Management LLC
Palestra Capital Management LLC is a New York-based investment adviser registered with the SEC. Founded in 2011, the firm manages assets for institutional investors and high net worth individuals, focusing on a fundamental, research-driven approach to public equity markets. As of 2025, the firm employs about 23 professionals and is headquartered in midtown Manhattan.
Investment Strategy
Palestra Capital Management employs a fundamentally research-driven investment strategy focused on public equity markets. The firm seeks to identify opportunities through deep fundamental analysis and bottoms-up stock selection, striving to generate attractive risk-adjusted returns for clients. Its portfolio is diversified across sectors, with positions concentrated in high-conviction ideas.
Top Holdings
Equity Positions (30)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | META PLATFORMS INC | 8.25% | $283.7M | 384,323 | $394.65 | $738.09 | +$33.9M |
H HSIC | HENRY SCHEIN INC | 7.44% | $255.8M | 3,501,520 | $68.96 | $73.05 | -$18.1M |
P PRMB | PRIMO BRANDS CORPORATION | 5.40% | $185.8M | 6,273,931 | $29.62 | $29.62 | +$185.8M |
P PTC | PTC INC | 5.06% | $173.9M | 1,009,277 | $136.44 | $172.34 | +$1.4M |
A ANSS | ANSYS INC | 5.05% | $173.6M | 494,274 | $343.54 | $351.22 | +$138.9M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
H HSIC | HENRY SCHEIN INC | — | Call | $62.1M | 8,500 | $73.05 | $68.49 | 0 | +$3.9M |