PAR CAPITAL MANAGEMENT INC Diversified Active

Location: Boston, MA

CIK: 0001051359 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $2.99B (100.0% shares, 0.0% debt)

Holdings (49)

EXPE EXPEDIA GROUP INC 13.4%

Value $401M Shares 2,387,750 Est. Cost — Unrealized —

SYF SYNCHRONY FINANCIAL 13.3%

Value $397M Shares 7,500,000 Est. Cost — Unrealized —

UAL UNITED AIRLS HLDGS INC 11.2%

Value $334M Shares 4,841,050 Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 11.0%

Value $330M Shares 4,529,829 Est. Cost — Unrealized —

WEX WEX INC 9.7%

Value $291M Shares 1,850,500 Est. Cost — Unrealized —

LUV SOUTHWEST AIRLS CO 6.6%

Value $199M Shares 5,916,492 Est. Cost — Unrealized —

BKNG BOOKING HOLDINGS INC 5.8%

Value $174M Shares 37,731 Est. Cost — Unrealized —

DAL DELTA AIR LINES INC DEL 5.2%

Value $155M Shares 3,564,000 Est. Cost — Unrealized —

CARG CARGURUS INC 2.7%

Value $81.88M Shares 2,810,956 Est. Cost — Unrealized —

CVNA CARVANA CO 2.6%

Value $78.86M Shares 377,200 Est. Cost — Unrealized —

SCHW SCHWAB CHARLES CORP 2.4%

Value $70.84M Shares 905,000 Est. Cost — Unrealized —

CAR AVIS BUDGET GROUP 1.9%

Value $57.06M Shares 751,770 Est. Cost — Unrealized —

ALK ALASKA AIR GROUP INC 1.8%

Value $52.94M Shares 1,075,576 Est. Cost — Unrealized —

TRIP TRIPADVISOR INC 1.4%

Value $41.04M Shares 2,896,475 Est. Cost — Unrealized —

WBS WEBSTER FINL CORP 1.2%

Value $36.09M Shares 700,000 Est. Cost — Unrealized —

SABR SABRE CORP 1.2%

Value $34.47M Shares 12,267,052 Est. Cost — Unrealized —

SKYW SKYWEST INC 1.1%

Value $31.75M Shares 363,451 Est. Cost — Unrealized —

— AVIDXCHANGE HOLDINGS INC 0.9%

Value $27.98M Shares 3,300,000 Est. Cost — Unrealized —

ALGT ALLEGIANT TRAVEL CO 0.9%

Value $27.19M Shares 526,430 Est. Cost — Unrealized —

SNCY SUN CTRY AIRLS HLDGS INC 0.8%

Value $24.14M Shares 1,959,372 Est. Cost — Unrealized —

MAR MARRIOTT INTL INC NEW 0.6%

Value $18.84M Shares 79,100 Est. Cost — Unrealized —

LYFT LYFT INC 0.6%

Value $18.7M Shares 1,575,000 Est. Cost — Unrealized —

RYAAY RYANAIR HOLDINGS PLC 0.5%

Value $15.08M Shares 356,000 Est. Cost — Unrealized —

TRVG TRIVAGO N V 0.5%

Value $14.63M Shares 3,567,969 Est. Cost — Unrealized —

LTM LATAM AIRLINES GROUP SA 0.5%

Value $14.62M Shares 467,500 Est. Cost — Unrealized —

JBLU JETBLUE AWYS CORP 0.4%

Value $12.88M Shares 2,672,555 Est. Cost — Unrealized —

ULCC FRONTIER GROUP HLDGS INC 0.3%

Value $9.357M Shares 2,156,100 Est. Cost — Unrealized —

H HYATT HOTELS CORP 0.2%

Value $6.978M Shares 56,961 Est. Cost — Unrealized —

UAL UNITED AIRLS HLDGS INC 0.2%

Value $6.905M Shares 100,000 Est. Cost — Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 0.2%

Value $5.421M Shares 746,730 Est. Cost — Unrealized —

HTZ HERTZ GLOBAL HLDGS INC 0.1%

Value $3.942M Shares 1,000,571 Est. Cost — Unrealized —

CART MAPLEBEAR INC 0.1%

Value $3.45M Shares 86,500 Est. Cost — Unrealized —

GOOG ALPHABET INC 0.1%

Value $3.421M Shares 21,900 Est. Cost — Unrealized —

WH WYNDHAM HOTELS & RESORTS INC 0.1%

Value $2.444M Shares 27,000 Est. Cost — Unrealized —

UBER UBER TECHNOLOGIES INC 0.0%

Value $1.129M Shares 15,500 Est. Cost — Unrealized —

META META PLATFORMS INC 0.0%

Value $790K Shares 1,370 Est. Cost — Unrealized —

V VISA INC 0.0%

Value $750K Shares 2,140 Est. Cost — Unrealized —

DASH DOORDASH INC 0.0%

Value $731K Shares 4,000 Est. Cost — Unrealized —

C CITIGROUP INC 0.0%

Value $710K Shares 10,000 Est. Cost — Unrealized —

BAC BANK AMERICA CORP 0.0%

Value $638K Shares 15,300 Est. Cost — Unrealized —

SEIC SEI INVTS CO 0.0%

Value $582K Shares 7,500 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.0%

Value $531K Shares 27,200 Est. Cost — Unrealized —

GRAB GRAB HOLDINGS LIMITED 0.0%

Value $530K Shares 117,000 Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.0%

Value $495K Shares 2,600 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.0%

Value $459K Shares 23,500 Est. Cost — Unrealized —

FLEX FLEX LTD 0.0%

Value $328K Shares 9,910 Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 0.0%

Value $274K Shares 500 Est. Cost — Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 0.0%

Value $216K Shares 950 Est. Cost — Unrealized —

EB EVENTBRITE INC 0.0%

Value $112K Shares 53,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EXPE	EXPEDIA GROUP INC	2,387,750	$401M	13.4%	—	—	COM NEW	30212P303
SYF	SYNCHRONY FINANCIAL	7,500,000	$397M	13.3%	—	—	COM	87165B103
UAL	UNITED AIRLS HLDGS INC	4,841,050	$334M	11.2%	—	—	COM	910047109
UBER	UBER TECHNOLOGIES INC	4,529,829	$330M	11.0%	—	—	COM	90353T100
WEX	WEX INC	1,850,500	$291M	9.7%	—	—	COM	96208T104
LUV	SOUTHWEST AIRLS CO	5,916,492	$199M	6.6%	—	—	COM	844741108
BKNG	BOOKING HOLDINGS INC	37,731	$174M	5.8%	—	—	COM	09857L108
DAL	DELTA AIR LINES INC DEL	3,564,000	$155M	5.2%	—	—	COM NEW	247361702
CARG	CARGURUS INC	2,810,956	$81.88M	2.7%	—	—	COM CL A	141788109
CVNA	CARVANA CO	377,200	$78.86M	2.6%	—	—	CL A	146869102
SCHW	SCHWAB CHARLES CORP	905,000	$70.84M	2.4%	—	—	COM	808513105
CAR	AVIS BUDGET GROUP	751,770	$57.06M	1.9%	—	—	COM	053774105
ALK	ALASKA AIR GROUP INC	1,075,576	$52.94M	1.8%	—	—	COM	011659109
TRIP	TRIPADVISOR INC	2,896,475	$41.04M	1.4%	—	—	COM	896945201
WBS	WEBSTER FINL CORP	700,000	$36.09M	1.2%	—	—	COM	947890109
SABR	SABRE CORP	12,267,052	$34.47M	1.2%	—	—	COM	78573M104
SKYW	SKYWEST INC	363,451	$31.75M	1.1%	—	—	COM	830879102
—	AVIDXCHANGE HOLDINGS INC	3,300,000	$27.98M	0.9%	—	—	COM	05368X102
ALGT	ALLEGIANT TRAVEL CO	526,430	$27.19M	0.9%	—	—	COM	01748X102
SNCY	SUN CTRY AIRLS HLDGS INC	1,959,372	$24.14M	0.8%	—	—	COM	866683105
MAR	MARRIOTT INTL INC NEW	79,100	$18.84M	0.6%	—	—	CL A	571903202
LYFT	LYFT INC	1,575,000	$18.7M	0.6%	—	—	CL A COM	55087P104
RYAAY	RYANAIR HOLDINGS PLC	356,000	$15.08M	0.5%	—	—	SPONSORED ADR	783513203
TRVG	TRIVAGO N V	3,567,969	$14.63M	0.5%	—	—	SPON ADS A SHS N	89686D303
LTM	LATAM AIRLINES GROUP SA	467,500	$14.62M	0.5%	—	—	SPONSORED ADR	51817R205
JBLU	JETBLUE AWYS CORP	2,672,555	$12.88M	0.4%	—	—	COM	477143101
ULCC	FRONTIER GROUP HLDGS INC	2,156,100	$9.357M	0.3%	—	—	COM	35909R108
H	HYATT HOTELS CORP	56,961	$6.978M	0.2%	—	—	COM CL A	448579102
UAL	UNITED AIRLS HLDGS INC	100,000	$6.905M	0.2%	—	—	Put	910047109
GBTG	GLOBAL BUSINESS TRAVEL GROUP	746,730	$5.421M	0.2%	—	—	COM CL A	37890B100
HTZ	HERTZ GLOBAL HLDGS INC	1,000,571	$3.942M	0.1%	—	—	COM NEW	42806J700
CART	MAPLEBEAR INC	86,500	$3.45M	0.1%	—	—	COM	565394103
GOOG	ALPHABET INC	21,900	$3.421M	0.1%	—	—	CAP STK CL C	02079K107
WH	WYNDHAM HOTELS & RESORTS INC	27,000	$2.444M	0.1%	—	—	COM	98311A105
UBER	UBER TECHNOLOGIES INC	15,500	$1.129M	0.0%	—	—	Put	90353T100
META	META PLATFORMS INC	1,370	$790K	0.0%	—	—	CL A	30303M102
V	VISA INC	2,140	$750K	0.0%	—	—	COM CL A	92826C839
DASH	DOORDASH INC	4,000	$731K	0.0%	—	—	CL A	25809K105
C	CITIGROUP INC	10,000	$710K	0.0%	—	—	COM NEW	172967424
BAC	BANK AMERICA CORP	15,300	$638K	0.0%	—	—	COM	060505104
SEIC	SEI INVTS CO	7,500	$582K	0.0%	—	—	COM	784117103
CCL	CARNIVAL CORP	27,200	$531K	0.0%	—	—	UNIT 99/99/9999	143658300
GRAB	GRAB HOLDINGS LIMITED	117,000	$530K	0.0%	—	—	CLASS A ORD	G4124C109
AMZN	AMAZON COM INC	2,600	$495K	0.0%	—	—	COM	023135106
CCL	CARNIVAL CORP	23,500	$459K	0.0%	—	—	Put	143658300
FLEX	FLEX LTD	9,910	$328K	0.0%	—	—	ORD	Y2573F102
MA	MASTERCARD INCORPORATED	500	$274K	0.0%	—	—	CL A	57636Q104
HLT	HILTON WORLDWIDE HLDGS INC	950	$216K	0.0%	—	—	COM	43300A203
EB	EVENTBRITE INC	53,000	$112K	0.0%	—	—	COM CL A	29975E109