PAR CAPITAL MANAGEMENT INC Diversified Active

Location: Boston, MA

CIK: 0001051359 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 17, 2021

Total Value: $4.314B (100.0% shares, 0.0% debt)

Holdings (47)

TRIP TRIPADVISOR INC 14.4%

Value $622M Shares 11,572,046 Est. Cost — Unrealized —

EXPE EXPEDIA GROUP INC 13.3%

Value $576M Shares 3,344,417 Est. Cost — Unrealized —

BKNG BOOKING HOLDINGS INC 8.1%

Value $349M Shares 150,000 Est. Cost — Unrealized —

SYF SYNCHRONY FINANCIAL 7.0%

Value $301M Shares 7,400,000 Est. Cost — Unrealized —

UAL UNITED AIRLS HLDGS INC 6.7%

Value $288M Shares 5,000,000 Est. Cost — Unrealized —

SABR SABRE CORP 5.2%

Value $225M Shares 15,175,912 Est. Cost — Unrealized —

WEX WEX INC 4.8%

Value $209M Shares 1,000,000 Est. Cost — Unrealized —

ALGT ALLEGIANT TRAVEL CO 4.2%

Value $183M Shares 750,000 Est. Cost — Unrealized —

— BALLYS CORPORATION 4.1%

Value $177M Shares 2,722,184 Est. Cost — Unrealized —

LUV SOUTHWEST AIRLS CO 3.5%

Value $153M Shares 2,500,000 Est. Cost — Unrealized —

DAL DELTA AIR LINES INC DEL 3.4%

Value $145M Shares 3,000,000 Est. Cost — Unrealized —

ALK ALASKA AIR GROUP INC 3.2%

Value $139M Shares 2,007,600 Est. Cost — Unrealized —

V VISA INC 2.2%

Value $95.28M Shares 450,000 Est. Cost — Unrealized —

— TRIPADVISOR INC 1.9%

Value $82.57M Shares 15,350 Est. Cost — Unrealized —

— TRIVAGO N V 1.7%

Value $74.06M Shares 17,224,040 Est. Cost — Unrealized —

SNCY SUN CTRY AIRLS HLDGS INC 1.7%

Value $72.18M Shares 2,216,312 Est. Cost — Unrealized —

SCHW SCHWAB CHARLES CORP 1.5%

Value $65.18M Shares 1,000,000 Est. Cost — Unrealized —

GRPN GROUPON INC 1.5%

Value $63.41M Shares 1,254,500 Est. Cost — Unrealized —

AAL AMERICAN AIRLS GROUP INC 1.4%

Value $59.75M Shares 2,500,000 Est. Cost — Unrealized —

— SPIRIT AIRLS INC 1.3%

Value $55.35M Shares 1,500,000 Est. Cost — Unrealized —

ABNB AIRBNB INC 1.1%

Value $46.98M Shares 250,000 Est. Cost — Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 1.1%

Value $46.25M Shares 691,600 Est. Cost — Unrealized —

— TRUECAR INC 1.0%

Value $45.07M Shares 9,418,804 Est. Cost — Unrealized —

JBLU JETBLUE AWYS CORP 1.0%

Value $41.78M Shares 2,054,000 Est. Cost — Unrealized —

AXP AMERICAN EXPRESS CO 0.8%

Value $35.36M Shares 250,000 Est. Cost — Unrealized —

STT STATE STR CORP 0.8%

Value $33.6M Shares 400,000 Est. Cost — Unrealized —

VLRS CONTROLADORA VUELA COMP DE A 0.6%

Value $24.74M Shares 1,735,000 Est. Cost — Unrealized —

RRR RED ROCK RESORTS INC 0.5%

Value $20.68M Shares 634,529 Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 0.4%

Value $17.8M Shares 50,000 Est. Cost — Unrealized —

GDOT GREEN DOT CORP 0.3%

Value $14.25M Shares 311,154 Est. Cost — Unrealized —

— DISCOVER FINL SVCS 0.3%

Value $11M Shares 115,761 Est. Cost — Unrealized —

COF CAPITAL ONE FINL CORP 0.2%

Value $7.634M Shares 60,000 Est. Cost — Unrealized —

— WARBURG PINCUS CAPTAL CORP I 0.2%

Value $7.485M Shares 750,000 Est. Cost — Unrealized —

— WARBURG PINCUS CAPTAL CORP I 0.1%

Value $5.04M Shares 500,000 Est. Cost — Unrealized —

PCYO PURE CYCLE CORP 0.1%

Value $4.697M Shares 350,000 Est. Cost — Unrealized —

— VIRGIN GROUP ACQUISIT CORP I 0.1%

Value $3.972M Shares 400,000 Est. Cost — Unrealized —

CARG CARGURUS INC 0.1%

Value $2.502M Shares 105,000 Est. Cost — Unrealized —

WU WESTERN UN CO 0.1%

Value $2.466M Shares 100,000 Est. Cost — Unrealized —

— DMY TECHNOLOGY GROUP INC IV 0.0%

Value $1.004M Shares 100,000 Est. Cost — Unrealized —

— AUSTERLITZ ACQUISITION CORP 0.0%

Value $1.004M Shares 100,000 Est. Cost — Unrealized —

— AUSTERLITZ ACQUISITION CORP 0.0%

Value $1.003M Shares 100,000 Est. Cost — Unrealized —

— ALTIMAR ACQUISITION CORP III 0.0%

Value $1M Shares 100,000 Est. Cost — Unrealized —

— FIRST RESERVE SUSTAINABLE GW 0.0%

Value $1M Shares 100,000 Est. Cost — Unrealized —

— ORION ACQUISITION CORP 0.0%

Value $1M Shares 100,000 Est. Cost — Unrealized —

— FUSION ACQUISITION CORP 0.0%

Value $993K Shares 100,000 Est. Cost — Unrealized —

— RXR ACQUISITION CORP 0.0%

Value $985K Shares 100,000 Est. Cost — Unrealized —

— ZIX CORP 0.0%

Value $543K Shares 71,900 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TRIP	TRIPADVISOR INC	11,572,046	$622M	14.4%	—	—	COM	896945201
EXPE	EXPEDIA GROUP INC	3,344,417	$576M	13.3%	—	—	COM NEW	30212P303
BKNG	BOOKING HOLDINGS INC	150,000	$349M	8.1%	—	—	COM	09857L108
SYF	SYNCHRONY FINANCIAL	7,400,000	$301M	7.0%	—	—	COM	87165B103
UAL	UNITED AIRLS HLDGS INC	5,000,000	$288M	6.7%	—	—	COM	910047109
SABR	SABRE CORP	15,175,912	$225M	5.2%	—	—	COM	78573M104
WEX	WEX INC	1,000,000	$209M	4.8%	—	—	COM	96208T104
ALGT	ALLEGIANT TRAVEL CO	750,000	$183M	4.2%	—	—	COM	01748X102
—	BALLYS CORPORATION	2,722,184	$177M	4.1%	—	—	COM	05875B106
LUV	SOUTHWEST AIRLS CO	2,500,000	$153M	3.5%	—	—	COM	844741108
DAL	DELTA AIR LINES INC DEL	3,000,000	$145M	3.4%	—	—	COM NEW	247361702
ALK	ALASKA AIR GROUP INC	2,007,600	$139M	3.2%	—	—	COM	011659109
V	VISA INC	450,000	$95.28M	2.2%	—	—	COM CL A	92826C839
—	TRIPADVISOR INC	15,350	$82.57M	1.9%	—	—	Put	896945951
—	TRIVAGO N V	17,224,040	$74.06M	1.7%	—	—	SPON ADS A SHS	89686D105
SNCY	SUN CTRY AIRLS HLDGS INC	2,216,312	$72.18M	1.7%	—	—	COM	866683105
SCHW	SCHWAB CHARLES CORP	1,000,000	$65.18M	1.5%	—	—	COM	808513105
GRPN	GROUPON INC	1,254,500	$63.41M	1.5%	—	—	COM NEW	399473206
AAL	AMERICAN AIRLS GROUP INC	2,500,000	$59.75M	1.4%	—	—	COM	02376R102
—	SPIRIT AIRLS INC	1,500,000	$55.35M	1.3%	—	—	COM	848577102
ABNB	AIRBNB INC	250,000	$46.98M	1.1%	—	—	COM CL A	009066101
PFSI	PENNYMAC FINL SVCS INC NEW	691,600	$46.25M	1.1%	—	—	COM	70932M107
—	TRUECAR INC	9,418,804	$45.07M	1.0%	—	—	COM	89785L107
JBLU	JETBLUE AWYS CORP	2,054,000	$41.78M	1.0%	—	—	COM	477143101
AXP	AMERICAN EXPRESS CO	250,000	$35.36M	0.8%	—	—	COM	025816109
STT	STATE STR CORP	400,000	$33.6M	0.8%	—	—	COM	857477103
VLRS	CONTROLADORA VUELA COMP DE A	1,735,000	$24.74M	0.6%	—	—	SPON ADR RP 10	21240E105
RRR	RED ROCK RESORTS INC	634,529	$20.68M	0.5%	—	—	CL A	75700L108
MA	MASTERCARD INCORPORATED	50,000	$17.8M	0.4%	—	—	CL A	57636Q104
GDOT	GREEN DOT CORP	311,154	$14.25M	0.3%	—	—	CL A	39304D102
—	DISCOVER FINL SVCS	115,761	$11M	0.3%	—	—	COM	254709108
COF	CAPITAL ONE FINL CORP	60,000	$7.634M	0.2%	—	—	COM	14040H105
—	WARBURG PINCUS CAPTAL CORP I	750,000	$7.485M	0.2%	—	—	UNIT 99/99/9999	G9461D123
—	WARBURG PINCUS CAPTAL CORP I	500,000	$5.04M	0.1%	—	—	UNIT 99/99/9999	G9460M116
PCYO	PURE CYCLE CORP	350,000	$4.697M	0.1%	—	—	COM NEW	746228303
—	VIRGIN GROUP ACQUISIT CORP I	400,000	$3.972M	0.1%	—	—	UNIT 99/99/9999	G9460K110
CARG	CARGURUS INC	105,000	$2.502M	0.1%	—	—	COM CL A	141788109
WU	WESTERN UN CO	100,000	$2.466M	0.1%	—	—	COM	959802109
—	DMY TECHNOLOGY GROUP INC IV	100,000	$1.004M	0.0%	—	—	UNIT 99/99/9999	23344K201
—	AUSTERLITZ ACQUISITION CORP	100,000	$1.004M	0.0%	—	—	UNIT 99/99/9999	G0633U119
—	AUSTERLITZ ACQUISITION CORP	100,000	$1.003M	0.0%	—	—	UNIT 99/99/9999	G0633D117
—	ALTIMAR ACQUISITION CORP III	100,000	$1M	0.0%	—	—	UNIT 99/99/9999	G0370U124
—	FIRST RESERVE SUSTAINABLE GW	100,000	$1M	0.0%	—	—	UNIT 03/05/2026	336169206
—	ORION ACQUISITION CORP	100,000	$1M	0.0%	—	—	UNIT 02/19/2026	68626A207
—	FUSION ACQUISITION CORP	100,000	$993K	0.0%	—	—	CL A	36118H105
—	RXR ACQUISITION CORP	100,000	$985K	0.0%	—	—	UNIT 01/01/2025	74981W206
—	ZIX CORP	71,900	$543K	0.0%	—	—	COM	98974P100