PAR CAPITAL MANAGEMENT INC Diversified Active

CIK: 0001051359 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $2,871,996 (100.0% shares, 0.0% debt)

Holdings (45)

EXPE EXPEDIA GROUP INC 13.0%

Value ($000) $371,926 Shares 3,400,000 Est. Cost $114.25 Unrealized -14.9%

WEX WEX INC 11.8%

Value ($000) $337,558 Shares 1,854,000 Est. Cost $142.57 Unrealized +24.2%

BKNG BOOKING HOLDINGS INC 11.3%

Value ($000) $324,040 Shares 120,000 Est. Cost $1975.54 Unrealized +31.6%

UBER UBER TECHNOLOGIES INC 10.5%

Value ($000) $302,190 Shares 7,000,000 Est. Cost $34.51 Unrealized +7.7%

SYF SYNCHRONY FINANCIAL 9.9%

Value ($000) $284,928 Shares 8,400,000 Est. Cost $25.47 Unrealized +13.1%

DAL DELTA AIR LINES INC DEL 7.5%

Value ($000) $214,919 Shares 4,520,800 Est. Cost $33.10 Unrealized +8.4%

CAR AVIS BUDGET GROUP 4.0%

Value ($000) $116,190 Shares 508,114 Est. Cost $189.43 Unrealized -8.1%

UAL UNITED AIRLS HLDGS INC 4.0%

Value ($000) $113,767 Shares 2,073,400 Est. Cost $52.57 Unrealized -10.2%

TRIP TRIPADVISOR INC 3.1%

Value ($000) $89,046 Shares 5,400,000 Est. Cost $27.37 Unrealized -38.1%

LUV SOUTHWEST AIRLS CO 2.5%

Value ($000) $72,420 Shares 2,000,000 Est. Cost $33.88 Unrealized -12.9%

ALK ALASKA AIR GROUP INC 2.2%

Value ($000) $63,816 Shares 1,200,000 Est. Cost $41.35 Unrealized +9.9%

SCHW SCHWAB CHARLES CORP 2.2%

Value ($000) $63,765 Shares 1,125,000 Est. Cost $52.29 Unrealized -3.5%

AXP AMERICAN EXPRESS CO 2.1%

Value ($000) $60,970 Shares 350,000 Est. Cost $127.61 Unrealized +22.4%

AAL AMERICAN AIRLS GROUP INC 1.7%

Value ($000) $50,232 Shares 2,800,000 Est. Cost $17.22 Unrealized -14.8%

CARG CARGURUS INC 1.5%

Value ($000) $42,834 Shares 1,892,800 Est. Cost $25.37 Unrealized -25.4%

ABNB AIRBNB INC 1.3%

Value ($000) $38,448 Shares 300,000 Est. Cost $110.83 Unrealized +5.5%

SNCY SUN CTRY AIRLS HLDGS INC 1.2%

Value ($000) $33,720 Shares 1,500,000 Est. Cost $33.92 Unrealized -43.7%

ULCC FRONTIER GROUP HLDGS INC 1.1%

Value ($000) $32,126 Shares 3,322,200 Est. Cost $12.18 Unrealized -26.3%

ALGT ALLEGIANT TRAVEL CO 1.1%

Value ($000) $31,570 Shares 250,000 Est. Cost $124.31 Unrealized -18.7%

— TRIVAGO N V 1.0%

Value ($000) $29,153 Shares 22,085,827 Est. Cost $4.77 Unrealized —

— AVIDXCHANGE HOLDINGS INC 0.9%

Value ($000) $25,950 Shares 2,500,000 Est. Cost $8.01 Unrealized —

CMA COMERICA INC 0.7%

Value ($000) $21,180 Shares 500,000 Est. Cost $43.07 Unrealized -18.3%

JBLU JETBLUE AWYS CORP 0.6%

Value ($000) $17,720 Shares 2,000,000 Est. Cost $17.37 Unrealized -58.2%

GDOT GREEN DOT CORP 0.6%

Value ($000) $16,866 Shares 900,000 Est. Cost $33.92 Unrealized -47.7%

XYZ BLOCK INC 0.6%

Value ($000) $16,643 Shares 250,000 Est. Cost $62.48 Unrealized 0.0%

SABR SABRE CORP 0.6%

Value ($000) $16,441 Shares 5,154,000 Est. Cost $5.84 Unrealized -38.1%

WBS WEBSTER FINL CORP 0.5%

Value ($000) $14,156 Shares 375,000 Est. Cost $53.76 Unrealized -31.3%

H HYATT HOTELS CORP 0.5%

Value ($000) $13,192 Shares 115,134 Est. Cost $88.50 Unrealized +26.3%

ETSY ETSY INC 0.4%

Value ($000) $11,697 Shares 138,250 Est. Cost $94.41 Unrealized -0.1%

SKYW SKYWEST INC 0.3%

Value ($000) $9,709 Shares 238,441 Est. Cost $28.63 Unrealized +3.8%

CVNA CARVANA CO 0.3%

Value ($000) $7,309 Shares 282,000 Est. Cost $13.87 Unrealized 0.0%

SOFI SOFI TECHNOLOGIES INC 0.2%

Value ($000) $6,255 Shares 750,000 Est. Cost $6.73 Unrealized -3.1%

HTZ HERTZ GLOBAL HLDGS INC 0.1%

Value ($000) $3,678 Shares 200,000 Est. Cost $17.28 Unrealized -5.2%

GOOGL ALPHABET INC 0.1%

Value ($000) $3,508 Shares 29,000 Est. Cost $99.81 Unrealized +14.5%

META META PLATFORMS INC 0.1%

Value ($000) $2,525 Shares 8,800 Est. Cost $173.44 Unrealized +41.3%

— VACASA INC 0.1%

Value ($000) $1,900 Shares 2,800,000 Est. Cost $8.32 Unrealized —

WH WYNDHAM HOTELS & RESORTS INC 0.1%

Value ($000) $1,851 Shares 27,000 Est. Cost $68.28 Unrealized 0.0%

— SPIRIT AIRLS INC 0.1%

Value ($000) $1,793 Shares 104,500 Est. Cost $17.16 Unrealized —

EB EVENTBRITE INC 0.0%

Value ($000) $1,404 Shares 147,000 Est. Cost $7.94 Unrealized -1.0%

VLRS CONTROLADORA VUELA COMP DE A 0.0%

Value ($000) $1,144 Shares 82,000 Est. Cost $7.89 Unrealized —

DASH DOORDASH INC 0.0%

Value ($000) $917 Shares 12,000 Est. Cost $66.34 Unrealized 0.0%

Z ZILLOW GROUP INC 0.0%

Value ($000) $905 Shares 18,000 Est. Cost $43.07 Unrealized +6.8%

TCOM TRIP COM GROUP LTD 0.0%

Value ($000) $700 Shares 20,000 Est. Cost $35.00 Unrealized —

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $514 Shares 2,800 Est. Cost $168.95 Unrealized 0.0%

KMX CARMAX INC 0.0%

Value ($000) $419 Shares 5,000 Est. Cost $73.21 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EXPE	EXPEDIA GROUP INC	3,400,000	$371,926	13.0%	$114.25	-14.9%	COM NEW	30212P303
WEX	WEX INC	1,854,000	$337,558	11.8%	$142.57	+24.2%	COM	96208T104
BKNG	BOOKING HOLDINGS INC	120,000	$324,040	11.3%	$1975.54	+31.6%	COM	09857L108
UBER	UBER TECHNOLOGIES INC	7,000,000	$302,190	10.5%	$34.51	+7.7%	COM	90353T100
SYF	SYNCHRONY FINANCIAL	8,400,000	$284,928	9.9%	$25.47	+13.1%	COM	87165B103
DAL	DELTA AIR LINES INC DEL	4,520,800	$214,919	7.5%	$33.10	+8.4%	COM NEW	247361702
CAR	AVIS BUDGET GROUP	508,114	$116,190	4.0%	$189.43	-8.1%	COM	053774105
UAL	UNITED AIRLS HLDGS INC	2,073,400	$113,767	4.0%	$52.57	-10.2%	COM	910047109
TRIP	TRIPADVISOR INC	5,400,000	$89,046	3.1%	$27.37	-38.1%	COM	896945201
LUV	SOUTHWEST AIRLS CO	2,000,000	$72,420	2.5%	$33.88	-12.9%	COM	844741108
ALK	ALASKA AIR GROUP INC	1,200,000	$63,816	2.2%	$41.35	+9.9%	COM	011659109
SCHW	SCHWAB CHARLES CORP	1,125,000	$63,765	2.2%	$52.29	-3.5%	COM	808513105
AXP	AMERICAN EXPRESS CO	350,000	$60,970	2.1%	$127.61	+22.4%	COM	025816109
AAL	AMERICAN AIRLS GROUP INC	2,800,000	$50,232	1.7%	$17.22	-14.8%	COM	02376R102
CARG	CARGURUS INC	1,892,800	$42,834	1.5%	$25.37	-25.4%	COM CL A	141788109
ABNB	AIRBNB INC	300,000	$38,448	1.3%	$110.83	+5.5%	COM CL A	009066101
SNCY	SUN CTRY AIRLS HLDGS INC	1,500,000	$33,720	1.2%	$33.92	-43.7%	COM	866683105
ULCC	FRONTIER GROUP HLDGS INC	3,322,200	$32,126	1.1%	$12.18	-26.3%	COM	35909R108
ALGT	ALLEGIANT TRAVEL CO	250,000	$31,570	1.1%	$124.31	-18.7%	COM	01748X102
—	TRIVAGO N V	22,085,827	$29,153	1.0%	$4.77	—	SPON ADS A SHS	89686D105
—	AVIDXCHANGE HOLDINGS INC	2,500,000	$25,950	0.9%	$8.01	—	COM	05368X102
CMA	COMERICA INC	500,000	$21,180	0.7%	$43.07	-18.3%	COM	200340107
JBLU	JETBLUE AWYS CORP	2,000,000	$17,720	0.6%	$17.37	-58.2%	COM	477143101
GDOT	GREEN DOT CORP	900,000	$16,866	0.6%	$33.92	-47.7%	CL A	39304D102
XYZ	BLOCK INC	250,000	$16,643	0.6%	$62.48	0.0%	CL A	852234103
SABR	SABRE CORP	5,154,000	$16,441	0.6%	$5.84	-38.1%	COM	78573M104
WBS	WEBSTER FINL CORP	375,000	$14,156	0.5%	$53.76	-31.3%	COM	947890109
H	HYATT HOTELS CORP	115,134	$13,192	0.5%	$88.50	+26.3%	COM CL A	448579102
ETSY	ETSY INC	138,250	$11,697	0.4%	$94.41	-0.1%	COM	29786A106
SKYW	SKYWEST INC	238,441	$9,709	0.3%	$28.63	+3.8%	COM	830879102
CVNA	CARVANA CO	282,000	$7,309	0.3%	$13.87	0.0%	CL A	146869102
SOFI	SOFI TECHNOLOGIES INC	750,000	$6,255	0.2%	$6.73	-3.1%	COM	83406F102
HTZ	HERTZ GLOBAL HLDGS INC	200,000	$3,678	0.1%	$17.28	-5.2%	COM NEW	42806J700
GOOGL	ALPHABET INC	29,000	$3,508	0.1%	$99.81	+14.5%	CAP STK CL A	02079K305
META	META PLATFORMS INC	8,800	$2,525	0.1%	$173.44	+41.3%	CL A	30303M102
—	VACASA INC	2,800,000	$1,900	0.1%	$8.32	—	CLASS A COM	91854V107
WH	WYNDHAM HOTELS & RESORTS INC	27,000	$1,851	0.1%	$68.28	0.0%	COM	98311A105
—	SPIRIT AIRLS INC	104,500	$1,793	0.1%	$17.16	—	COM	848577102
EB	EVENTBRITE INC	147,000	$1,404	0.0%	$7.94	-1.0%	COM CL A	29975E109
VLRS	CONTROLADORA VUELA COMP DE A	82,000	$1,144	0.0%	$7.89	—	SPON ADR RP 10	21240E105
DASH	DOORDASH INC	12,000	$917	0.0%	$66.34	0.0%	CL A	25809K105
Z	ZILLOW GROUP INC	18,000	$905	0.0%	$43.07	+6.8%	CL C CAP STK	98954M200
TCOM	TRIP COM GROUP LTD	20,000	$700	0.0%	$35.00	—	ADS	89677Q107
MAR	MARRIOTT INTL INC NEW	2,800	$514	0.0%	$168.95	0.0%	CL A	571903202
KMX	CARMAX INC	5,000	$419	0.0%	$73.21	0.0%	COM	143130102