PAR Capital
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- trimmed−2.17
- added−2.09
- trimmed+1.00
- added+0.70
Positions
| UALUnited Airlines Holdings, Inc. | 11.62% | 15,399,152 | $1.0B | trimmed−23% | −2.17 pp | 14 q |
| EXPEExpedia Group, Inc. | 10.68% | 7,969,191 | $954M | added+2% | −2.09 pp | 19 q |
| DALDelta Air Lines, Inc. | 8.18% | 13,055,809 | $731M | trimmed−0% | +1.00 pp | 19 q |
| MCKMcKesson Corporation | 7.29% | 4,176,500 | $651M | added+11% | +0.70 pp | 8 q |
| unresolvedGrubhub Inc | 3.99% | 4,968,300 | $357M | trimmed−17% | +0.41 pp | 10 q |
| LUVSouthwest Airlines Co. | 3.55% | 4,842,800 | $317M | trimmed−14% | −0.03 pp | 17 q |
| CARAvis Budget Group, Inc. | 3.04% | 6,181,608 | $271M | trimmed−3% | +0.27 pp | 11 q |
| ERICaesars Entertainment, Inc. | 2.77% | 7,474,779 | $248M | held | — | 14 q |
| BYDBoyd Gaming Corporation | 2.68% | 6,824,101 | $239M | trimmed−26% | −0.06 pp | 19 q |
| unresolvedPriceline Grp Inc | 2.68% | 138,005 | $240M | held | — | 19 q |
| unresolvedCigna Corporation | 2.27% | 1,000,000 | $203M | trimmed−33% | −0.92 pp | 10 q |
| CHDNChurchill Downs Inc | 2.12% | 813,165 | $189M | held | — | 19 q |
| ALKAlaska Air Group, Inc. | 2.06% | 2,500,000 | $184M | held | — | 19 q |
| OCOwens Corning | 2.00% | 1,941,015 | $178M | trimmed−10% | +0.11 pp | 19 q |
| HCAHCA Healthcare, Inc. | 1.97% | 2,000,000 | $176M | held | — | 9 q |
| GLPIGaming and Leisure Properties, Inc. | 1.92% | 4,646,797 | $172M | held | — | 17 q |
| ZZillow Group, Inc. Class C | 1.78% | 3,882,041 | $159M | held | — | 8 q |
| RRRRed Rock Resorts, Inc. Class A | 1.59% | 4,198,000 | $142M | added+6% | +0.55 pp | 6 q |
| HTZGQHertz Global Holdings Inc | 1.46% | 5,888,576 | $130M | held | — | 4 q |
| SGISomnigroup International Inc. | 1.44% | 2,048,000 | $128M | held | — | 4 q |
| TRIPTripAdvisor, Inc. | 1.28% | 3,316,569 | $114M | added+23% | +0.04 pp | 19 q |
| DYDycom Industries, Inc. | 1.27% | 1,022,000 | $114M | added+2% | +0.29 pp | 6 q |
| CONNQConn's Inc | 1.20% | 3,027,500 | $108M | trimmed−0% | +0.23 pp | 4 q |
| BRSLBrightstar Lottery PLC | 1.16% | 3,901,099 | $103M | added+2% | +0.09 pp | 11 q |
| CHGGChegg, Inc. | 1.14% | 6,241,298 | $102M | held | — | 16 q |
| MGMMgm Resorts International | 1.11% | 2,962,700 | $99M | held | — | 11 q |
| WEXWEX Inc. | 1.08% | 685,000 | $97M | added+4% | +0.24 pp | 13 q |
| HRIHerc Holdings Inc. | 0.93% | 1,329,000 | $83M | held | — | 6 q |
| CZRCaesars Entertainment, Inc. | 0.85% | 6,000,000 | $76M | new | +0.85 pp | new |
| WLLWhiting Petroleum Corp | 0.84% | 2,823,750 | $75M | new | +0.84 pp | new |
| STMPStamps.com, Inc. | 0.82% | 391,717 | $74M | added+92% | +0.35 pp | 3 q |
| WMBWilliams Companies Inc. | 0.81% | 2,360,000 | $72M | added+1% | +0.01 pp | 7 q |
| JBLUJetBlue Airways Corp | 0.80% | 3,193,290 | $71M | held | — | 7 q |
| AALAmerican Airlines Group Inc. | 0.77% | 1,318,851 | $69M | trimmed−21% | −0.13 pp | 17 q |
| unresolvedGlobal Eagle Entmt Inc | 0.74% | 28,981,072 | $66M | held | — | 19 q |
| ZGZillow Group Inc Class A | 0.74% | 1,617,910 | $66M | held | — | 8 q |
| WMSAdvanced Drainage Systems, Inc. | 0.73% | 2,737,000 | $65M | held | — | 13 q |
| PENNPENN Entertainment, Inc. | 0.63% | 1,808,113 | $57M | held | — | 19 q |
| SERVTerminix Global Holdings Inc | 0.62% | 1,072,500 | $55M | held | — | 11 q |
| DOORMasonite International Corp | 0.61% | 738,926 | $55M | held | — | 14 q |
| TRUETrueCar, Inc. | 0.61% | 4,828,447 | $54M | held | — | 13 q |
| PCYOPure Cycle Corporation | 0.56% | 5,982,970 | $50M | held | — | 19 q |
| VVISA Inc. | 0.51% | 400,000 | $46M | held | — | 14 q |
| CSXCSX Corporation | 0.38% | 615,000 | $34M | trimmed−15% | −0.07 pp | 7 q |
| CSGPCoStar Group Inc | 0.38% | 115,000 | $34M | held | — | 14 q |
| EXPEagle Materials, Inc. | 0.35% | 274,781 | $31M | held | — | 19 q |
| unresolvedCanadian Pac Ry Ltd | 0.33% | 160,000 | $29M | trimmed−35% | −0.14 pp | 15 q |
| SEMGSemgroup Corp-class A | 0.33% | 967,600 | $29M | added+10% | +0.04 pp | 6 q |
| APCAnadarko Petroleum Corp | 0.30% | 500,000 | $27M | held | — | 3 q |
| ORLYO'Reilly Automotive, Inc. | 0.30% | 110,000 | $26M | trimmed−12% | −0.01 pp | 3 q |
| BMCHBMC Stock Holdings, Inc | 0.27% | 965,200 | $24M | trimmed−1% | +0.03 pp | 7 q |
| SYFSynchrony Financial | 0.22% | 500,000 | $19M | added+67% | +0.11 pp | 3 q |
| HWAYTivity Health Inc | 0.22% | 540,000 | $20M | added+59% | +0.06 pp | 3 q |
| GRPNGroupon, Inc. | 0.19% | 3,370,200 | $17M | held | — | 3 q |
| AAPAdvance Auto Parts Inc | 0.18% | 165,000 | $16M | added+32% | +0.04 pp | 2 q |
| HOMEAt Home Group Inc. | 0.15% | 450,000 | $14M | new | +0.15 pp | new |
| unresolvedPennymac Finl Svcs Inc | 0.14% | 570,000 | $13M | added+4% | +0.03 pp | 10 q |
| TUESTuesday Morning Corp | 0.14% | 4,468,600 | $12M | added+1% | −0.02 pp | 8 q |
| SW5Southwestern Energy Co | 0.13% | 2,100,000 | $12M | new | +0.13 pp | new |
| WEDWebster Financial Corp | 0.13% | 210,100 | $12M | held | — | 8 q |
| SEMSelect Medical Holdings Corp | 0.12% | 617,208 | $11M | held | — | 4 q |
| CVNACarvana Co. | 0.11% | 505,697 | $10M | added+23% | +0.04 pp | 3 q |
| EHTHeHealth, Inc. | 0.10% | 500,858 | $9M | added+11% | −0.02 pp | 3 q |
| unresolvedRite Aid Corp | 0.10% | 4,500,000 | $9M | trimmed−50% | −0.10 pp | 14 q |
| unresolvedAralez Pharmaceuticals Inc | 0.09% | 5,942,309 | $8M | trimmed−7% | −0.08 pp | 8 q |
| METAMeta Platforms, Inc. Class A | 0.08% | 40,000 | $7M | held | — | 5 q |
| unresolvedTrivago NV | 0.06% | 750,000 | $5M | trimmed−75% | −0.31 pp | 5 q |
| CORCencora, Inc. | 0.05% | 50,000 | $5M | new | +0.05 pp | new |
| DKSDick's Sporting Goods, Inc. | 0.05% | 150,000 | $4M | held | — | 2 q |
| VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v. | 0.04% | 423,100 | $3M | new | +0.04 pp | new |
| unresolvedBonanza Creek Energy Inc | 0.03% | 100,000 | $3M | trimmed−77% | −0.13 pp | 3 q |
| LNWOLight & Wonder Inc | 0.03% | 50,000 | $3M | new | +0.03 pp | new |
| TSGIStars Group INC/THE | 0.03% | 121,089 | $3M | new | +0.03 pp | new |
| MMYTMakeMyTrip Limited | 0.03% | 101,200 | $3M | new | +0.03 pp | new |
| CTRPTrip.com Group Limited | 0.02% | 40,000 | $2M | held | — | 10 q |
| TREELendingTree, Inc. | 0.02% | 5,400 | $2M | new | +0.02 pp | new |
| unresolvedDover Motorsports, Inc. | 0.01% | 671,931 | $1M | held | — | 4 q |
| unresolvedWhiting Pete Corp New | — | −8,965,000 | — | exited | −0.56 pp | — |
| PRSCModivcare Inc | — | −350,000 | — | exited | −0.22 pp | — |
| unresolvedCaesars Acquisition Co | — | −560,719 | — | exited | −0.14 pp | — |
| PGTIPGT, Inc. | — | −761,394 | — | exited | −0.13 pp | — |
| FRCBFirst Republic Bk CA | — | −80,000 | — | exited | −0.09 pp | — |
| QTWOQ2 Holdings Inc | — | −165,000 | — | exited | −0.08 pp | — |
| XONPrecigen, Inc. | — | −176,410 | — | exited | −0.04 pp | — |
| PAGPPlains GP Holdings, L.P. Class A Units representing Limited Partner Interests | — | −100,000 | — | exited | −0.02 pp | — |
| unresolvedBankrate Inc DEL | — | −79,000 | — | exited | −0.01 pp | — |
| GDDYGoDaddy Inc | — | −17,000 | — | exited | −0.01 pp | — |
| LCHappen, Inc. | — | −80,000 | — | exited | −0.01 pp | — |
| unresolvedPinnacle Entmt Inc New | — | −50,854 | — | exited | −0.01 pp | — |
| unresolvedWeb Com Group Inc | — | −38,202 | — | exited | −0.01 pp | — |
| WIXWIX.com Ltd. | — | −9,000 | — | exited | −0.01 pp | — |
| unresolvedBazaarvoice Inc | — | −60,000 | — | exited | 0.00 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Caesars Holdings Inc | 100.00% | 5,933,044 | $11M |