PAR CAPITAL MANAGEMENT INC Diversified Active

CIK: 0001051359 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value ($000): $3,428,533 (100.0% shares, 0.0% debt)

Holdings (30)

EXPE EXPEDIA GROUP INC 12.8%

Value ($000) $440,444 Shares 3,326,617 Est. Cost $96.88 Unrealized +15.4%

BKNG BOOKING HOLDINGS INC 10.5%

Value ($000) $360,818 Shares 162,000 Est. Cost $1804.55 Unrealized +5.2%

TRIP TRIPADVISOR INC 9.8%

Value ($000) $336,810 Shares 11,702,908 Est. Cost $26.80 Unrealized -10.2%

UAL UNITED AIRLS HLDGS INC 8.9%

Value ($000) $305,141 Shares 7,055,291 Est. Cost $55.59 Unrealized -27.2%

SYF SYNCHRONY FINANCIAL 7.0%

Value ($000) $241,235 Shares 6,950,000 Est. Cost $23.70 Unrealized +12.8%

WEX WEX INC 5.9%

Value ($000) $203,530 Shares 1,000,000 Est. Cost $117.37 Unrealized +43.3%

SABR SABRE CORP 5.4%

Value ($000) $186,706 Shares 15,532,944 Est. Cost $7.40 Unrealized +24.9%

ALGT ALLEGIANT TRAVEL CO 4.5%

Value ($000) $152,622 Shares 806,500 Est. Cost $124.31 Unrealized +19.3%

ALK ALASKA AIR GROUP INC 4.3%

Value ($000) $146,200 Shares 2,811,533 Est. Cost $40.68 Unrealized +10.6%

DVA DAVITA INC 4.2%

Value ($000) $142,804 Shares 1,216,385 Est. Cost $61.96 Unrealized +64.4%

DAL DELTA AIR LINES INC DEL 4.1%

Value ($000) $140,735 Shares 3,500,000 Est. Cost $32.19 Unrealized +9.9%

— BALLYS CORPORATION 4.0%

Value ($000) $138,242 Shares 2,752,184 Est. Cost $50.23 Unrealized —

LUV SOUTHWEST AIRLS CO 3.4%

Value ($000) $116,525 Shares 2,500,000 Est. Cost $29.77 Unrealized +35.4%

V VISA INC 2.9%

Value ($000) $98,429 Shares 450,000 Est. Cost $71.15 Unrealized +177.2%

AAL AMERICAN AIRLS GROUP INC 2.2%

Value ($000) $75,004 Shares 4,756,100 Est. Cost $16.06 Unrealized -13.7%

SCHW SCHWAB CHARLES CORP 1.5%

Value ($000) $53,040 Shares 1,000,000 Est. Cost $37.85 Unrealized +11.9%

— TRIVAGO N V 1.5%

Value ($000) $51,376 Shares 21,229,796 Est. Cost $5.33 Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 1.3%

Value ($000) $45,383 Shares 691,600 Est. Cost $19.28 Unrealized +188.9%

— TRUECAR INC 1.2%

Value ($000) $39,559 Shares 9,418,804 Est. Cost $9.77 Unrealized —

— SPIRIT AIRLS INC 1.1%

Value ($000) $39,360 Shares 1,609,800 Est. Cost $22.57 Unrealized —

JBLU JETBLUE AWYS CORP 0.8%

Value ($000) $29,080 Shares 2,000,000 Est. Cost $17.44 Unrealized -21.3%

VLRS CONTROLADORA VUELA COMP DE A 0.6%

Value ($000) $21,549 Shares 1,735,000 Est. Cost $7.41 Unrealized —

RRR RED ROCK RESORTS INC 0.5%

Value ($000) $15,889 Shares 634,529 Est. Cost $21.57 Unrealized -1.3%

CVNA CARVANA CO 0.4%

Value ($000) $14,732 Shares 61,500 Est. Cost $21.87 Unrealized +944.9%

PCYO PURE CYCLE CORP 0.3%

Value ($000) $11,230 Shares 1,000,000 Est. Cost $5.95 Unrealized +66.8%

COF CAPITAL ONE FINL CORP 0.2%

Value ($000) $5,931 Shares 60,000 Est. Cost $77.69 Unrealized 0.0%

— DISCOVER FINL SVCS 0.2%

Value ($000) $5,884 Shares 65,000 Est. Cost $90.52 Unrealized —

AXP AMERICAN EXPRESS CO 0.2%

Value ($000) $5,441 Shares 45,000 Est. Cost $103.86 Unrealized 0.0%

CAR AVIS BUDGET GROUP 0.1%

Value ($000) $2,454 Shares 65,800 Est. Cost $28.61 Unrealized +16.7%

CARG CARGURUS INC 0.1%

Value ($000) $2,380 Shares 75,000 Est. Cost $23.29 Unrealized +6.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EXPE	EXPEDIA GROUP INC	3,326,617	$440,444	12.8%	$96.88	+15.4%	COM NEW	30212P303
BKNG	BOOKING HOLDINGS INC	162,000	$360,818	10.5%	$1804.55	+5.2%	COM	09857L108
TRIP	TRIPADVISOR INC	11,702,908	$336,810	9.8%	$26.80	-10.2%	COM	896945201
UAL	UNITED AIRLS HLDGS INC	7,055,291	$305,141	8.9%	$55.59	-27.2%	COM	910047109
SYF	SYNCHRONY FINANCIAL	6,950,000	$241,235	7.0%	$23.70	+12.8%	COM	87165B103
WEX	WEX INC	1,000,000	$203,530	5.9%	$117.37	+43.3%	COM	96208T104
SABR	SABRE CORP	15,532,944	$186,706	5.4%	$7.40	+24.9%	COM	78573M104
ALGT	ALLEGIANT TRAVEL CO	806,500	$152,622	4.5%	$124.31	+19.3%	COM	01748X102
ALK	ALASKA AIR GROUP INC	2,811,533	$146,200	4.3%	$40.68	+10.6%	COM	011659109
DVA	DAVITA INC	1,216,385	$142,804	4.2%	$61.96	+64.4%	COM	23918K108
DAL	DELTA AIR LINES INC DEL	3,500,000	$140,735	4.1%	$32.19	+9.9%	COM NEW	247361702
—	BALLYS CORPORATION	2,752,184	$138,242	4.0%	$50.23	—	COM	05875B106
LUV	SOUTHWEST AIRLS CO	2,500,000	$116,525	3.4%	$29.77	+35.4%	COM	844741108
V	VISA INC	450,000	$98,429	2.9%	$71.15	+177.2%	COM CL A	92826C839
AAL	AMERICAN AIRLS GROUP INC	4,756,100	$75,004	2.2%	$16.06	-13.7%	COM	02376R102
SCHW	SCHWAB CHARLES CORP	1,000,000	$53,040	1.5%	$37.85	+11.9%	COM	808513105
—	TRIVAGO N V	21,229,796	$51,376	1.5%	$5.33	—	SPON ADS A SHS	89686D105
PFSI	PENNYMAC FINL SVCS INC NEW	691,600	$45,383	1.3%	$19.28	+188.9%	COM	70932M107
—	TRUECAR INC	9,418,804	$39,559	1.2%	$9.77	—	COM	89785L107
—	SPIRIT AIRLS INC	1,609,800	$39,360	1.1%	$22.57	—	COM	848577102
JBLU	JETBLUE AWYS CORP	2,000,000	$29,080	0.8%	$17.44	-21.3%	COM	477143101
VLRS	CONTROLADORA VUELA COMP DE A	1,735,000	$21,549	0.6%	$7.41	—	SPON ADR RP 10	21240E105
RRR	RED ROCK RESORTS INC	634,529	$15,889	0.5%	$21.57	-1.3%	CL A	75700L108
CVNA	CARVANA CO	61,500	$14,732	0.4%	$21.87	+944.9%	CL A	146869102
PCYO	PURE CYCLE CORP	1,000,000	$11,230	0.3%	$5.95	+66.8%	COM NEW	746228303
COF	CAPITAL ONE FINL CORP	60,000	$5,931	0.2%	$77.69	0.0%	COM	14040H105
—	DISCOVER FINL SVCS	65,000	$5,884	0.2%	$90.52	—	COM	254709108
AXP	AMERICAN EXPRESS CO	45,000	$5,441	0.2%	$103.86	0.0%	COM	025816109
CAR	AVIS BUDGET GROUP	65,800	$2,454	0.1%	$28.61	+16.7%	COM	053774105
CARG	CARGURUS INC	75,000	$2,380	0.1%	$23.29	+6.1%	COM CL A	141788109