PAR CAPITAL MANAGEMENT INC Diversified Active

CIK: 0001051359 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value ($000): $5,139,362 (100.0% shares, 0.0% debt)

Holdings (43)

UAL UNITED AIRLINES HLDGS INC 24.2%

Value ($000) $1,241,751 Shares 14,096,389 Est. Cost $55.80 Unrealized +60.8%

EXPE EXPEDIA GROUP INC 16.6%

Value ($000) $854,134 Shares 7,898,413 Est. Cost $92.25 Unrealized +25.5%

BKNG BOOKING HLDGS INC 6.3%

Value ($000) $324,210 Shares 157,864 Est. Cost $1885.46 Unrealized +2.4%

DVA DAVITA INC 6.1%

Value ($000) $312,050 Shares 4,159,000 Est. Cost $61.96 Unrealized +7.1%

ALGT ALLEGIANT TRAVEL CO 5.5%

Value ($000) $282,484 Shares 1,623,100 Est. Cost $124.31 Unrealized +27.7%

DAL DELTA AIR LINES INC DEL 4.6%

Value ($000) $233,920 Shares 4,000,000 Est. Cost $32.19 Unrealized +68.1%

ALK ALASKA AIR GROUP INC 3.6%

Value ($000) $183,603 Shares 2,710,000 Est. Cost $40.88 Unrealized +65.7%

JBLU JETBLUE AWYS CORP 3.2%

Value ($000) $164,334 Shares 8,778,547 Est. Cost $17.44 Unrealized +6.5%

WEX WEX INC 3.0%

Value ($000) $151,859 Shares 725,000 Est. Cost $97.26 Unrealized +106.2%

— HERTZ GLOBAL HLDGS INC 2.8%

Value ($000) $142,366 Shares 9,039,094 Est. Cost $16.48 Unrealized —

CHDN CHURCHILL DOWNS INC 2.7%

Value ($000) $137,200 Shares 1,000,000 Est. Cost $34.18 Unrealized +86.2%

— GROUPON INC 2.6%

Value ($000) $134,702 Shares 56,360,500 Est. Cost $3.38 Unrealized —

TRIP TRIPADVISOR INC 2.0%

Value ($000) $102,655 Shares 3,379,017 Est. Cost $43.09 Unrealized -27.1%

AAL AMERICAN AIRLS GROUP INC 2.0%

Value ($000) $102,105 Shares 3,560,134 Est. Cost $28.37 Unrealized 0.0%

SYF SYNCHRONY FINL 2.0%

Value ($000) $100,648 Shares 2,795,000 Est. Cost $25.79 Unrealized +19.1%

V VISA INC 1.6%

Value ($000) $84,555 Shares 450,000 Est. Cost $71.15 Unrealized +142.5%

META FACEBOOK INC 1.4%

Value ($000) $73,336 Shares 357,300 Est. Cost $175.23 Unrealized +9.8%

— TRIVAGO N V 1.1%

Value ($000) $55,098 Shares 21,029,796 Est. Cost $5.33 Unrealized —

BYD BOYD GAMING CORP 1.0%

Value ($000) $49,350 Shares 1,648,293 Est. Cost $14.18 Unrealized +90.0%

— TRUECAR INC 1.0%

Value ($000) $48,923 Shares 10,299,504 Est. Cost $9.77 Unrealized —

— TWIN RIV WORLDWIDE HLDGS INC 1.0%

Value ($000) $48,878 Shares 1,905,580 Est. Cost $28.73 Unrealized —

PFSI PENNYMAC FINL SVCS INC 0.6%

Value ($000) $32,164 Shares 944,900 Est. Cost $19.28 Unrealized +55.5%

PCYO PURECYCLE CORP 0.6%

Value ($000) $31,890 Shares 2,532,970 Est. Cost $5.95 Unrealized +97.1%

CVNA CARVANA CO 0.6%

Value ($000) $31,757 Shares 345,000 Est. Cost $18.08 Unrealized +362.8%

SKYW SKYWEST INC 0.6%

Value ($000) $29,658 Shares 458,884 Est. Cost $51.31 Unrealized +18.7%

RRR RED ROCK RESORTS INC 0.5%

Value ($000) $27,585 Shares 1,151,770 Est. Cost $23.10 Unrealized -3.8%

— SPIRIT AIRLS INC 0.4%

Value ($000) $20,566 Shares 510,200 Est. Cost $40.31 Unrealized —

BRSL INTERNATIONAL GAME TECHNOLOG 0.4%

Value ($000) $20,379 Shares 1,361,347 Est. Cost $13.48 Unrealized -28.1%

QNST QUINSTREET INC 0.4%

Value ($000) $18,006 Shares 1,176,100 Est. Cost $14.96 Unrealized -4.7%

VLRS CONTROLADORA VUELA CIA DE AV 0.3%

Value ($000) $15,275 Shares 1,465,886 Est. Cost $8.05 Unrealized —

PENN PENN NATL GAMING INC 0.3%

Value ($000) $15,114 Shares 591,300 Est. Cost $21.50 Unrealized +3.3%

— BONANZA CREEK ENERGY INC 0.3%

Value ($000) $14,044 Shares 601,714 Est. Cost $26.80 Unrealized —

SEM SELECT MED HLDGS CORP 0.3%

Value ($000) $13,250 Shares 567,708 Est. Cost $6.71 Unrealized +47.8%

TREE LENDINGTREE INC NEW 0.2%

Value ($000) $8,011 Shares 26,400 Est. Cost $330.64 Unrealized —

CAR AVIS BUDGET GROUP INC 0.1%

Value ($000) $7,254 Shares 225,000 Est. Cost $32.08 Unrealized -11.2%

— GREENSKY INC 0.1%

Value ($000) $6,230 Shares 700,000 Est. Cost $12.05 Unrealized —

EVER EVERQUOTE INC 0.1%

Value ($000) $4,294 Shares 125,000 Est. Cost $9.26 Unrealized +200.9%

CHGG CHEGG INC 0.1%

Value ($000) $3,791 Shares 100,000 Est. Cost $37.31 Unrealized -6.2%

— REALOGY HLDGS CORP 0.1%

Value ($000) $3,388 Shares 350,000 Est. Cost $7.24 Unrealized —

AM ANTERO MIDSTREAM CORP 0.1%

Value ($000) $2,657 Shares 350,000 Est. Cost $3.30 Unrealized 0.0%

— DESPEGAR COM CORP 0.0%

Value ($000) $2,474 Shares 183,526 Est. Cost $20.97 Unrealized —

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.0%

Value ($000) $2,317 Shares 101,200 Est. Cost $27.66 Unrealized -12.5%

— DOVER MOTORSPORTS INC 0.0%

Value ($000) $1,097 Shares 590,000 Est. Cost $2.20 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UAL	UNITED AIRLINES HLDGS INC	14,096,389	$1,241,751	24.2%	$55.80	+60.8%	COM	910047109
EXPE	EXPEDIA GROUP INC	7,898,413	$854,134	16.6%	$92.25	+25.5%	COM NEW	30212P303
BKNG	BOOKING HLDGS INC	157,864	$324,210	6.3%	$1885.46	+2.4%	COM	09857L108
DVA	DAVITA INC	4,159,000	$312,050	6.1%	$61.96	+7.1%	COM	23918K108
ALGT	ALLEGIANT TRAVEL CO	1,623,100	$282,484	5.5%	$124.31	+27.7%	COM	01748X102
DAL	DELTA AIR LINES INC DEL	4,000,000	$233,920	4.6%	$32.19	+68.1%	COM NEW	247361702
ALK	ALASKA AIR GROUP INC	2,710,000	$183,603	3.6%	$40.88	+65.7%	COM	011659109
JBLU	JETBLUE AWYS CORP	8,778,547	$164,334	3.2%	$17.44	+6.5%	COM	477143101
WEX	WEX INC	725,000	$151,859	3.0%	$97.26	+106.2%	COM	96208T104
—	HERTZ GLOBAL HLDGS INC	9,039,094	$142,366	2.8%	$16.48	—	COM	42806J106
CHDN	CHURCHILL DOWNS INC	1,000,000	$137,200	2.7%	$34.18	+86.2%	COM	171484108
—	GROUPON INC	56,360,500	$134,702	2.6%	$3.38	—	COM	399473107
TRIP	TRIPADVISOR INC	3,379,017	$102,655	2.0%	$43.09	-27.1%	COM	896945201
AAL	AMERICAN AIRLS GROUP INC	3,560,134	$102,105	2.0%	$28.37	0.0%	COM	02376R102
SYF	SYNCHRONY FINL	2,795,000	$100,648	2.0%	$25.79	+19.1%	COM	87165B103
V	VISA INC	450,000	$84,555	1.6%	$71.15	+142.5%	COM CL A	92826C839
META	FACEBOOK INC	357,300	$73,336	1.4%	$175.23	+9.8%	CL A	30303M102
—	TRIVAGO N V	21,029,796	$55,098	1.1%	$5.33	—	SPON ADS A SHS	89686D105
BYD	BOYD GAMING CORP	1,648,293	$49,350	1.0%	$14.18	+90.0%	COM	103304101
—	TRUECAR INC	10,299,504	$48,923	1.0%	$9.77	—	COM	89785L107
—	TWIN RIV WORLDWIDE HLDGS INC	1,905,580	$48,878	1.0%	$28.73	—	COM	90171V204
PFSI	PENNYMAC FINL SVCS INC	944,900	$32,164	0.6%	$19.28	+55.5%	COM	70932M107
PCYO	PURECYCLE CORP	2,532,970	$31,890	0.6%	$5.95	+97.1%	COM NEW	746228303
CVNA	CARVANA CO	345,000	$31,757	0.6%	$18.08	+362.8%	CL A	146869102
SKYW	SKYWEST INC	458,884	$29,658	0.6%	$51.31	+18.7%	COM	830879102
RRR	RED ROCK RESORTS INC	1,151,770	$27,585	0.5%	$23.10	-3.8%	CL A	75700L108
—	SPIRIT AIRLS INC	510,200	$20,566	0.4%	$40.31	—	COM	848577102
BRSL	INTERNATIONAL GAME TECHNOLOG	1,361,347	$20,379	0.4%	$13.48	-28.1%	SHS USD	G4863A108
QNST	QUINSTREET INC	1,176,100	$18,006	0.4%	$14.96	-4.7%	COM	74874Q100
VLRS	CONTROLADORA VUELA CIA DE AV	1,465,886	$15,275	0.3%	$8.05	—	SPON ADR RP 10	21240E105
PENN	PENN NATL GAMING INC	591,300	$15,114	0.3%	$21.50	+3.3%	COM	707569109
—	BONANZA CREEK ENERGY INC	601,714	$14,044	0.3%	$26.80	—	COM NEW	097793400
SEM	SELECT MED HLDGS CORP	567,708	$13,250	0.3%	$6.71	+47.8%	COM	81619Q105
TREE	LENDINGTREE INC NEW	26,400	$8,011	0.2%	$330.64	—	COM	52603B107
CAR	AVIS BUDGET GROUP INC	225,000	$7,254	0.1%	$32.08	-11.2%	COM	053774105
—	GREENSKY INC	700,000	$6,230	0.1%	$12.05	—	CL A	39572G100
EVER	EVERQUOTE INC	125,000	$4,294	0.1%	$9.26	+200.9%	COM CL A	30041R108
CHGG	CHEGG INC	100,000	$3,791	0.1%	$37.31	-6.2%	COM	163092109
—	REALOGY HLDGS CORP	350,000	$3,388	0.1%	$7.24	—	COM	75605Y106
AM	ANTERO MIDSTREAM CORP	350,000	$2,657	0.1%	$3.30	0.0%	COM	03676B102
—	DESPEGAR COM CORP	183,526	$2,474	0.0%	$20.97	—	ORD SHS	G27358103
MMYT	MAKEMYTRIP LIMITED MAURITIUS	101,200	$2,317	0.0%	$27.66	-12.5%	SHS	V5633W109
—	DOVER MOTORSPORTS INC	590,000	$1,097	0.0%	$2.20	—	COM	260174107