PAR CAPITAL MANAGEMENT INC Diversified Active

CIK: 0001051359 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 16, 2020

Total Value ($000): $2,637,244 (100.0% shares, 0.0% debt)

Holdings (43)

BKNG BOOKING HOLDINGS INC 10.5%

Value ($000) $277,301 Shares 162,100 Est. Cost $1804.55 Unrealized -4.2%

UAL UNITED AIRLS HLDGS INC 10.1%

Value ($000) $265,431 Shares 7,638,291 Est. Cost $55.59 Unrealized -37.8%

EXPE EXPEDIA GROUP INC 8.8%

Value ($000) $231,390 Shares 2,523,617 Est. Cost $92.13 Unrealized -3.2%

SYF SYNCHRONY FINANCIAL 6.5%

Value ($000) $172,068 Shares 6,575,000 Est. Cost $23.53 Unrealized -9.0%

CHDN CHURCHILL DOWNS INC 6.4%

Value ($000) $167,706 Shares 1,023,720 Est. Cost $35.56 Unrealized +113.8%

TRIP TRIPADVISOR INC 6.3%

Value ($000) $164,855 Shares 8,415,258 Est. Cost $27.86 Unrealized -24.6%

ALGT ALLEGIANT TRAVEL CO 5.7%

Value ($000) $150,413 Shares 1,255,535 Est. Cost $124.31 Unrealized -6.2%

WEX WEX INC 4.6%

Value ($000) $120,626 Shares 868,000 Est. Cost $109.64 Unrealized +42.9%

DAL DELTA AIR LINES INC DEL 4.1%

Value ($000) $107,839 Shares 3,526,450 Est. Cost $32.19 Unrealized -12.9%

DVA DAVITA INC 4.0%

Value ($000) $104,183 Shares 1,216,385 Est. Cost $61.96 Unrealized +37.9%

SABR SABRE CORP 3.6%

Value ($000) $96,192 Shares 14,776,044 Est. Cost $7.31 Unrealized +1.4%

LUV SOUTHWEST AIRLS CO 3.6%

Value ($000) $96,143 Shares 2,563,800 Est. Cost $29.77 Unrealized +11.1%

V VISA INC 3.4%

Value ($000) $89,987 Shares 450,000 Est. Cost $71.15 Unrealized +170.2%

ALK ALASKA AIR GROUP INC 2.9%

Value ($000) $75,481 Shares 2,060,625 Est. Cost $39.12 Unrealized -4.3%

— TWIN RIV WORLDWIDE HLDGS INC 2.7%

Value ($000) $72,300 Shares 2,752,184 Est. Cost $23.97 Unrealized —

BYD BOYD GAMING CORP 2.0%

Value ($000) $52,312 Shares 1,704,537 Est. Cost $15.92 Unrealized +51.3%

— TRUECAR INC 2.0%

Value ($000) $51,498 Shares 10,299,504 Est. Cost $9.77 Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 1.7%

Value ($000) $44,264 Shares 761,600 Est. Cost $19.28 Unrealized +140.0%

— TRIVAGO N V 1.2%

Value ($000) $32,906 Shares 21,229,796 Est. Cost $5.33 Unrealized —

SCHW SCHWAB CHARLES CORP 1.2%

Value ($000) $32,607 Shares 900,000 Est. Cost $37.35 Unrealized -13.2%

RRR RED ROCK RESORTS INC 1.1%

Value ($000) $28,550 Shares 1,669,619 Est. Cost $21.57 Unrealized -32.6%

AAL AMERICAN AIRLS GROUP INC 0.9%

Value ($000) $24,814 Shares 2,019,000 Est. Cost $19.05 Unrealized -34.2%

JBLU JETBLUE AWYS CORP 0.9%

Value ($000) $22,660 Shares 2,000,000 Est. Cost $17.44 Unrealized -35.7%

GRPN GROUPON INC 0.7%

Value ($000) $19,192 Shares 940,775 Est. Cost $22.25 Unrealized +4.8%

CVNA CARVANA CO 0.7%

Value ($000) $17,845 Shares 80,000 Est. Cost $21.87 Unrealized +710.6%

— SPIRIT AIRLS INC 0.6%

Value ($000) $16,100 Shares 1,000,000 Est. Cost $21.42 Unrealized —

PENN PENN NATL GAMING INC 0.6%

Value ($000) $14,635 Shares 201,300 Est. Cost $22.35 Unrealized +119.5%

CAR AVIS BUDGET GROUP 0.5%

Value ($000) $13,735 Shares 521,850 Est. Cost $28.61 Unrealized 0.0%

VLRS CONTROLADORA VUELA COMP DE A 0.5%

Value ($000) $12,509 Shares 1,735,000 Est. Cost $7.41 Unrealized —

TREE LENDINGTREE INC NEW 0.3%

Value ($000) $9,207 Shares 30,000 Est. Cost $320.55 Unrealized —

PCYO PURECYCLE CORP 0.3%

Value ($000) $9,010 Shares 1,000,000 Est. Cost $5.95 Unrealized +58.2%

GLPI GAMING & LEISURE PPTYS INC 0.3%

Value ($000) $9,006 Shares 243,869 Est. Cost $27.71 Unrealized —

CHGG CHEGG INC 0.3%

Value ($000) $8,930 Shares 125,000 Est. Cost $40.54 Unrealized +81.6%

CARG CARGURUS INC 0.3%

Value ($000) $8,652 Shares 400,000 Est. Cost $23.29 Unrealized +9.9%

EVER EVERQUOTE INC 0.2%

Value ($000) $4,830 Shares 125,000 Est. Cost $9.26 Unrealized +386.4%

SKYW SKYWEST INC 0.2%

Value ($000) $4,299 Shares 143,984 Est. Cost $51.31 Unrealized -39.3%

— ANGI HOMESERVICES INC 0.1%

Value ($000) $2,219 Shares 200,000 Est. Cost $12.15 Unrealized —

MMYT MAKEMYTRIP LIMITED MAURITIUS 0.1%

Value ($000) $2,017 Shares 131,288 Est. Cost $26.28 Unrealized -39.5%

— MGM GROWTH PPTYS LLC 0.0%

Value ($000) $1,212 Shares 43,300 Est. Cost $27.20 Unrealized —

— DESPEGAR COM CORP 0.0%

Value ($000) $1,167 Shares 183,526 Est. Cost $20.97 Unrealized —

TCOM TRIP COM GROUP LTD 0.0%

Value ($000) $623 Shares 20,000 Est. Cost $23.45 Unrealized —

— ZIX CORP 0.0%

Value ($000) $420 Shares 71,900 Est. Cost $4.31 Unrealized —

FLEX FLEX LTD 0.0%

Value ($000) $110 Shares 9,910 Est. Cost $7.21 Unrealized +13.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BKNG	BOOKING HOLDINGS INC	162,100	$277,301	10.5%	$1804.55	-4.2%	COM	09857L108
UAL	UNITED AIRLS HLDGS INC	7,638,291	$265,431	10.1%	$55.59	-37.8%	COM	910047109
EXPE	EXPEDIA GROUP INC	2,523,617	$231,390	8.8%	$92.13	-3.2%	COM NEW	30212P303
SYF	SYNCHRONY FINANCIAL	6,575,000	$172,068	6.5%	$23.53	-9.0%	COM	87165B103
CHDN	CHURCHILL DOWNS INC	1,023,720	$167,706	6.4%	$35.56	+113.8%	COM	171484108
TRIP	TRIPADVISOR INC	8,415,258	$164,855	6.3%	$27.86	-24.6%	COM	896945201
ALGT	ALLEGIANT TRAVEL CO	1,255,535	$150,413	5.7%	$124.31	-6.2%	COM	01748X102
WEX	WEX INC	868,000	$120,626	4.6%	$109.64	+42.9%	COM	96208T104
DAL	DELTA AIR LINES INC DEL	3,526,450	$107,839	4.1%	$32.19	-12.9%	COM NEW	247361702
DVA	DAVITA INC	1,216,385	$104,183	4.0%	$61.96	+37.9%	COM	23918K108
SABR	SABRE CORP	14,776,044	$96,192	3.6%	$7.31	+1.4%	COM	78573M104
LUV	SOUTHWEST AIRLS CO	2,563,800	$96,143	3.6%	$29.77	+11.1%	COM	844741108
V	VISA INC	450,000	$89,987	3.4%	$71.15	+170.2%	COM CL A	92826C839
ALK	ALASKA AIR GROUP INC	2,060,625	$75,481	2.9%	$39.12	-4.3%	COM	011659109
—	TWIN RIV WORLDWIDE HLDGS INC	2,752,184	$72,300	2.7%	$23.97	—	COM	90171V204
BYD	BOYD GAMING CORP	1,704,537	$52,312	2.0%	$15.92	+51.3%	COM	103304101
—	TRUECAR INC	10,299,504	$51,498	2.0%	$9.77	—	COM	89785L107
PFSI	PENNYMAC FINL SVCS INC NEW	761,600	$44,264	1.7%	$19.28	+140.0%	COM	70932M107
—	TRIVAGO N V	21,229,796	$32,906	1.2%	$5.33	—	SPON ADS A SHS	89686D105
SCHW	SCHWAB CHARLES CORP	900,000	$32,607	1.2%	$37.35	-13.2%	COM	808513105
RRR	RED ROCK RESORTS INC	1,669,619	$28,550	1.1%	$21.57	-32.6%	CL A	75700L108
AAL	AMERICAN AIRLS GROUP INC	2,019,000	$24,814	0.9%	$19.05	-34.2%	COM	02376R102
JBLU	JETBLUE AWYS CORP	2,000,000	$22,660	0.9%	$17.44	-35.7%	COM	477143101
GRPN	GROUPON INC	940,775	$19,192	0.7%	$22.25	+4.8%	COM NEW	399473206
CVNA	CARVANA CO	80,000	$17,845	0.7%	$21.87	+710.6%	CL A	146869102
—	SPIRIT AIRLS INC	1,000,000	$16,100	0.6%	$21.42	—	COM	848577102
PENN	PENN NATL GAMING INC	201,300	$14,635	0.6%	$22.35	+119.5%	COM	707569109
CAR	AVIS BUDGET GROUP	521,850	$13,735	0.5%	$28.61	0.0%	COM	053774105
VLRS	CONTROLADORA VUELA COMP DE A	1,735,000	$12,509	0.5%	$7.41	—	SPON ADR RP 10	21240E105
TREE	LENDINGTREE INC NEW	30,000	$9,207	0.3%	$320.55	—	COM	52603B107
PCYO	PURECYCLE CORP	1,000,000	$9,010	0.3%	$5.95	+58.2%	COM NEW	746228303
GLPI	GAMING & LEISURE PPTYS INC	243,869	$9,006	0.3%	$27.71	—	COM	36467J108
CHGG	CHEGG INC	125,000	$8,930	0.3%	$40.54	+81.6%	COM	163092109
CARG	CARGURUS INC	400,000	$8,652	0.3%	$23.29	+9.9%	COM CL A	141788109
EVER	EVERQUOTE INC	125,000	$4,830	0.2%	$9.26	+386.4%	COM CL A	30041R108
SKYW	SKYWEST INC	143,984	$4,299	0.2%	$51.31	-39.3%	COM	830879102
—	ANGI HOMESERVICES INC	200,000	$2,219	0.1%	$12.15	—	COM CL A	00183L102
MMYT	MAKEMYTRIP LIMITED MAURITIUS	131,288	$2,017	0.1%	$26.28	-39.5%	SHS	V5633W109
—	MGM GROWTH PPTYS LLC	43,300	$1,212	0.0%	$27.20	—	CL A COM	55303A105
—	DESPEGAR COM CORP	183,526	$1,167	0.0%	$20.97	—	ORD SHS	G27358103
TCOM	TRIP COM GROUP LTD	20,000	$623	0.0%	$23.45	—	ADS	89677Q107
—	ZIX CORP	71,900	$420	0.0%	$4.31	—	COM	98974P100
FLEX	FLEX LTD	9,910	$110	0.0%	$7.21	+13.2%	ORD	Y2573F102