PAR Capital
Picture
Moves
Options: 1 move on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Positions
| UALUnited Airlines Holdings, Inc. | 15.53% | 16,294,711 | $1.2B | held | — | 10 q |
| EXPEExpedia Group, Inc. | 10.51% | 7,100,027 | $804M | held | — | 15 q |
| DALDelta Air Lines, Inc. | 7.12% | 11,065,809 | $544M | trimmed−3% | +0.60 pp | 15 q |
| unresolvedCigna Corporation | 5.93% | 3,400,000 | $454M | added+13% | +0.24 pp | 6 q |
| ALKAlaska Air Group, Inc. | 5.22% | 4,502,364 | $399M | trimmed−1% | +0.89 pp | 15 q |
| MCKMcKesson Corporation | 3.67% | 2,000,650 | $281M | added+89% | +1.11 pp | 4 q |
| LUVSouthwest Airlines Co. | 3.66% | 5,618,200 | $280M | added+2% | +0.57 pp | 13 q |
| unresolvedGrubhub Inc | 2.68% | 5,455,000 | $205M | held | — | 6 q |
| unresolvedPriceline Grp Inc | 2.65% | 138,005 | $202M | held | — | 15 q |
| MGMMgm Resorts International | 2.50% | 6,644,800 | $192M | trimmed−0% | 0.00 pp | 7 q |
| unresolvedGlobal Eagle Entmt Inc | 2.45% | 28,981,072 | $187M | held | — | 15 q |
| BYDBoyd Gaming Corporation | 2.41% | 9,152,986 | $185M | added+14% | +0.12 pp | 15 q |
| TRIPTripAdvisor, Inc. | 1.98% | 3,259,490 | $151M | added+1% | −0.98 pp | 15 q |
| HCAHCA Healthcare, Inc. | 1.94% | 2,000,000 | $148M | held | — | 5 q |
| ZZillow Group, Inc. Class C | 1.85% | 3,882,041 | $142M | held | — | 4 q |
| GLPIGaming and Leisure Properties, Inc. | 1.84% | 4,596,797 | $141M | added+22% | +0.02 pp | 13 q |
| OCOwens Corning | 1.76% | 2,609,762 | $135M | added+1% | −0.24 pp | 15 q |
| CHDNChurchill Downs Inc | 1.60% | 813,165 | $122M | trimmed−43% | −1.40 pp | 15 q |
| unresolvedIsle of Capri Casinos Inc. | 1.31% | 4,046,000 | $100M | added+8% | +0.10 pp | 4 q |
| unresolvedCanadian Pac Ry Ltd | 1.10% | 591,450 | $84M | trimmed−5% | −0.27 pp | 11 q |
| WMBWilliams Companies Inc. | 1.05% | 2,580,000 | $80M | added+5% | −0.04 pp | 3 q |
| ERICaesars Entertainment, Inc. | 1.03% | 4,665,000 | $79M | held | — | 10 q |
| AALAmerican Airlines Group Inc. | 1.02% | 1,666,351 | $78M | added+67% | +0.49 pp | 13 q |
| JBLUJetBlue Airways Corp | 0.97% | 3,292,490 | $74M | trimmed−3% | +0.12 pp | 3 q |
| unresolvedRite Aid Corp | 0.97% | 9,000,000 | $74M | added+13% | +0.09 pp | 10 q |
| BRSLBrightstar Lottery PLC | 0.92% | 2,750,000 | $70M | held | — | 7 q |
| WCGWellcare Health Plans, Inc. | 0.85% | 473,701 | $65M | held | — | 10 q |
| CHGGChegg, Inc. | 0.84% | 8,702,598 | $64M | held | — | 12 q |
| TRUETrueCar, Inc. | 0.81% | 4,928,447 | $62M | trimmed−2% | +0.12 pp | 9 q |
| ZGZillow Group Inc Class A | 0.77% | 1,617,910 | $59M | held | — | 4 q |
| DYDycom Industries, Inc. | 0.73% | 700,000 | $56M | added+51% | +0.18 pp | 2 q |
| WMSAdvanced Drainage Systems, Inc. | 0.70% | 2,590,000 | $53M | added+2% | −0.18 pp | 9 q |
| WEXWEX Inc. | 0.69% | 470,000 | $52M | added+8% | +0.01 pp | 9 q |
| HRIHerc Holdings Inc. | 0.68% | 1,299,000 | $52M | held | — | 2 q |
| CARAvis Budget Group, Inc. | 0.66% | 1,385,869 | $51M | held | — | 7 q |
| PENNPENN Entertainment, Inc. | 0.60% | 3,344,013 | $46M | held | — | 15 q |
| LNWOLight & Wonder Inc | 0.55% | 2,988,213 | $42M | trimmed−1% | +0.06 pp | 11 q |
| unresolvedWhiting Pete Corp New | 0.54% | 3,425,000 | $41M | added+4% | +0.12 pp | 2 q |
| SERVTerminix Global Holdings Inc | 0.53% | 1,072,500 | $40M | held | — | 7 q |
| DVADaVita Inc. | 0.50% | 600,000 | $39M | added+20% | +0.02 pp | 4 q |
| VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v. | 0.49% | 2,469,670 | $37M | trimmed−24% | −0.32 pp | 12 q |
| IVZInvesco LTD | 0.49% | 1,225,000 | $37M | held | — | 12 q |
| EXPEagle Materials, Inc. | 0.46% | 354,781 | $35M | trimmed−43% | −0.23 pp | 15 q |
| PCYOPure Cycle Corporation | 0.43% | 5,982,970 | $33M | held | — | 15 q |
| CSXCSX Corporation | 0.40% | 850,000 | $31M | added×3.4 | +0.29 pp | 3 q |
| VVISA Inc. | 0.38% | 375,000 | $29M | added+32% | +0.04 pp | 10 q |
| unresolvedAralez Pharmaceuticals Inc | 0.37% | 6,400,000 | $28M | held | — | 4 q |
| RRRRed Rock Resorts, Inc. Class A | 0.33% | 1,085,000 | $25M | added×2.0 | +0.15 pp | 2 q |
| CSGPCoStar Group Inc | 0.28% | 115,000 | $22M | added+35% | +0.01 pp | 10 q |
| unresolvedTrivago NV | 0.27% | 1,750,000 | $21M | new | +0.27 pp | new |
| PRSCModivcare Inc | 0.25% | 500,000 | $19M | added+100% | +0.07 pp | 9 q |
| TUESTuesday Morning Corp | 0.25% | 3,504,155 | $19M | added+53% | +0.05 pp | 4 q |
| SFStifel Financial Corp. | 0.24% | 375,000 | $19M | added+7% | +0.05 pp | 9 q |
| DOORMasonite International Corp | 0.23% | 267,000 | $18M | added+8% | +0.01 pp | 10 q |
| BMCHBMC Stock Holdings, Inc | 0.21% | 805,000 | $16M | added+6% | +0.02 pp | 3 q |
| SEMGSemgroup Corp-class A | 0.21% | 377,500 | $16M | added+15% | +0.04 pp | 2 q |
| ICEIntercontinental Exchange Inc. | 0.17% | 225,000 | $13M | added+50% | +0.05 pp | 12 q |
| unresolvedInvestment Tech. Group | 0.17% | 645,000 | $13M | trimmed−1% | +0.01 pp | 6 q |
| PGTIPGT, Inc. | 0.17% | 1,146,172 | $13M | held | — | 12 q |
| OLLIOllie's Bargain Outlet Holdings, Inc. | 0.14% | 384,265 | $11M | trimmed−24% | −0.05 pp | 4 q |
| XHRXenia Hotels & Resorts, Inc. | 0.12% | 474,211 | $9M | held | — | 3 q |
| TREELendingTree, Inc. | 0.11% | 82,469 | $8M | new | +0.11 pp | new |
| WEDWebster Financial Corp | 0.11% | 160,000 | $9M | held | — | 4 q |
| FRCBFirst Republic Bk CA | 0.10% | 80,000 | $7M | held | — | 10 q |
| unresolvedPennymac Finl Svcs Inc | 0.10% | 447,000 | $7M | trimmed−2% | −0.01 pp | 6 q |
| CMAComerica Incorporated | 0.08% | 94,300 | $6M | trimmed−46% | −0.04 pp | 6 q |
| METAMeta Platforms, Inc. Class A | 0.06% | 40,000 | $5M | new | +0.06 pp | new |
| unresolvedPinnacle Entmt Inc New | 0.06% | 313,428 | $5M | held | — | 3 q |
| QTWOQ2 Holdings Inc | 0.06% | 165,000 | $5M | held | — | 8 q |
| ETRAE*trade Financial Corp | 0.05% | 105,000 | $4M | held | — | 2 q |
| unresolvedRoadrunner Trnsn Svcs Hldg I | 0.04% | 330,000 | $3M | held | — | 3 q |
| ZNGAZynga Inc. Cl A | 0.03% | 750,000 | $2M | new | +0.03 pp | new |
| CTRPTrip.com Group Limited | 0.02% | 40,000 | $2M | held | — | 6 q |
| DOVDover Corporation | 0.02% | 671,931 | $2M | held | — | 2 q |
| WYNNWynn Resorts Ltd | 0.01% | 10,000 | $865,000 | trimmed−97% | −0.43 pp | 7 q |
| DKSDick's Sporting Goods, Inc. | — | −350,000 | — | exited | −0.29 pp | — |
| APCAnadarko Petroleum Corp | — | −187,444 | — | exited | −0.17 pp | — |
| WWayfair Inc. | — | −300,000 | — | exited | −0.17 pp | — |
| unresolvedNewfield Expl Co | — | −202,500 | — | exited | −0.13 pp | — |
| UNPUnion Pacific Corp. | — | −50,000 | — | exited | −0.07 pp | — |
| unresolvedPier 1 Imports, Inc. | — | −1,000,000 | — | exited | −0.06 pp | — |
| CORCencora, Inc. | — | −33,198 | — | exited | −0.04 pp | — |
| unresolvedRmg Networks Hldg Corp | — | −2,177,434 | — | exited | −0.03 pp | — |
| SPWHSportsman's Warehouse Holdings, Inc. | — | −161,419 | — | exited | −0.02 pp | — |
| MMYTMakeMyTrip Limited | — | −54,973 | — | exited | −0.02 pp | — |
| GOOGLAlphabet Inc. Class A | — | −750 | — | exited | −0.01 pp | — |
| CSBRChampions Oncology, Inc. | — | −384,282 | — | exited | −0.01 pp | — |
