Palestra Capital Management LLC Buys Las Vegas Sands Corp, Analog Devices Inc, Advanced Micro Devices Inc, Sells CarMax Inc, Alibaba Group Holding, Global Payments Inc

• New Purchases: LVS, ADI, AMD, CIT, TGT, SABR, CONXU, FCNCA, HMCOU,
• Added Positions: LBRDK, LB, FIS, GOOGL, AVTR, UBER, DISH, BKNG, EXPE, MSFT,
• Reduced Positions: KMX, A, STZ, ATUS, TRU, CSX, NUAN, PLAN, FLT, AMZN,
• Sold Out: BABA, GPN, ENTG, TSM, SQ, OUT, LHX, CHTR,

For the details of Palestra Capital Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/palestra+capital+management+llc/current-portfolio/portfolio

1. Alphabet Inc (GOOGL) - 191,807 shares, 6.62% of the total portfolio. Shares added by 22.54%
2. Altice USA Inc (ATUS) - 8,761,722 shares, 6.53% of the total portfolio. Shares reduced by 19.77%
3. DISH Network Corp (DISH) - 9,692,605 shares, 6.17% of the total portfolio. Shares added by 13.39%
4. Fidelity National Information Services Inc (FIS) - 2,173,543 shares, 6.05% of the total portfolio. Shares added by 32.76%
5. Microsoft Corp (MSFT) - 1,360,672 shares, 5.96% of the total portfolio. Shares added by 3.17%

Palestra Capital Management LLC initiated holding in Las Vegas Sands Corp. The purchase prices were between $44.81 and $60.11, with an estimated average price of $53.43. The stock is now traded at around $57.460000. The impact to a portfolio due to this purchase was 3.8%. The holding were 3,239,329 shares as of 2020-12-31.

Palestra Capital Management LLC initiated holding in Analog Devices Inc. The purchase prices were between $114.01 and $147.73, with an estimated average price of $132.86. The stock is now traded at around $160.490000. The impact to a portfolio due to this purchase was 3.28%. The holding were 1,128,575 shares as of 2020-12-31.

Palestra Capital Management LLC initiated holding in Advanced Micro Devices Inc. The purchase prices were between $74.7 and $97.12, with an estimated average price of $86.32. The stock is now traded at around $91.460000. The impact to a portfolio due to this purchase was 3.01%. The holding were 1,668,415 shares as of 2020-12-31.

Palestra Capital Management LLC initiated holding in CIT Group Inc. The purchase prices were between $19.1 and $38.93, with an estimated average price of $31.76. The stock is now traded at around $45.970000. The impact to a portfolio due to this purchase was 2.56%. The holding were 3,627,859 shares as of 2020-12-31.

Palestra Capital Management LLC initiated holding in Target Corp. The purchase prices were between $152.22 and $179.82, with an estimated average price of $166.92. The stock is now traded at around $190.590000. The impact to a portfolio due to this purchase was 2.49%. The holding were 716,015 shares as of 2020-12-31.

Palestra Capital Management LLC initiated holding in Sabre Corp. The purchase prices were between $6.25 and $12.4, with an estimated average price of $9.29. The stock is now traded at around $11.540000. The impact to a portfolio due to this purchase was 2.11%. The holding were 8,897,213 shares as of 2020-12-31.

Palestra Capital Management LLC added to a holding in Liberty Broadband Corp by 207.58%. The purchase prices were between $135.85 and $164.99, with an estimated average price of $152.25. The stock is now traded at around $150.390000. The impact to a portfolio due to this purchase was 2.17%. The holding were 1,028,805 shares as of 2020-12-31.

Palestra Capital Management LLC added to a holding in L Brands Inc by 192.12%. The purchase prices were between $31.94 and $41.58, with an estimated average price of $35.95. The stock is now traded at around $49.210000. The impact to a portfolio due to this purchase was 1.88%. The holding were 3,900,512 shares as of 2020-12-31.

Palestra Capital Management LLC added to a holding in Fidelity National Information Services Inc by 32.76%. The purchase prices were between $123.97 and $151.18, with an estimated average price of $142.64. The stock is now traded at around $133.110000. The impact to a portfolio due to this purchase was 1.49%. The holding were 2,173,543 shares as of 2020-12-31.

Palestra Capital Management LLC added to a holding in Alphabet Inc by 22.54%. The purchase prices were between $1451.02 and $1824.97, with an estimated average price of $1685.58. The stock is now traded at around $2110.700000. The impact to a portfolio due to this purchase was 1.22%. The holding were 191,807 shares as of 2020-12-31.

Palestra Capital Management LLC added to a holding in Avantor Inc by 29.12%. The purchase prices were between $22.9 and $28.15, with an estimated average price of $25.82. The stock is now traded at around $29.800000. The impact to a portfolio due to this purchase was 1.1%. The holding were 8,831,496 shares as of 2020-12-31.

Palestra Capital Management LLC added to a holding in Uber Technologies Inc by 22.07%. The purchase prices were between $33.41 and $54.86, with an estimated average price of $44.94. The stock is now traded at around $60.520000. The impact to a portfolio due to this purchase was 0.95%. The holding were 5,239,772 shares as of 2020-12-31.

Palestra Capital Management LLC sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $222 and $317.14, with an estimated average price of $277.43.

Palestra Capital Management LLC sold out a holding in Global Payments Inc. The sale prices were between $156.17 and $215.42, with an estimated average price of $186.6.

Palestra Capital Management LLC sold out a holding in Entegris Inc. The sale prices were between $74.72 and $99.03, with an estimated average price of $87.54.

Palestra Capital Management LLC sold out a holding in Taiwan Semiconductor Manufacturing Co Ltd. The sale prices were between $80.8 and $109.04, with an estimated average price of $95.04.

Palestra Capital Management LLC sold out a holding in Square Inc. The sale prices were between $154.88 and $241.58, with an estimated average price of $195.49.

Palestra Capital Management LLC sold out a holding in Outfront Media Inc. The sale prices were between $13.11 and $20.28, with an estimated average price of $17.21.