Filed: 2/14/2023ACC: 0001051359-23-000003
📋 What this filing means
PAR CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 39 equity positions with a total reported market value of $2.78B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
39
Positions
$2.78B
Total AUM (reported)
96.37M
Total Shares
Allocation by class
COM$1.93B69.3%
COM NEW$475.33M17.1%
MSCI USA QLT FCT$186.55M6.7%
COM CL A$129.02M4.6%
SPON ADS A SHS$29.82M1.1%
SPON ADR RP 10$13.38M0.5%
CL A$11.07M0.4%
Portfolio Concentration
Top 3$891.15M32.1%
4–10$1.21B43.5%
11–25$608.12M21.9%
Rest$70.85M2.5%
Top 3 weight
32.1%
Top 10 weight
75.6%
Voting Authority Distribution
Total shares with voting rights: 96.37M
Sole
Full voting authority
96.37M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole39
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings39
Rows:
EXPEDIA GROUP INC
SOLEShares3.50M
TypeSH
Market value$306.60M
11.03%
Sole
3.50M
Shared
0.00
None
0.00
WEX INC
SOLEShares1.86M
TypeSH
Market value$303.77M
10.93%
Sole
1.86M
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
SOLEShares139.32K
TypeSH
Market value$280.78M
10.10%
Sole
139.32K
Shared
0.00
None
0.00
SYNCHRONY FINANCIAL
SOLEShares8.15M
TypeSH
Market value$267.81M
9.63%
Sole
8.15M
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares9.83M
TypeSH
Market value$242.98M
8.74%
Sole
9.83M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.64M
TypeSH
Market value$186.55M
6.71%
Sole
1.64M
Shared
0.00
None
0.00
DELTA AIR LINES INC DEL
SOLEShares5.13M
TypeSH
Market value$168.73M
6.07%
Sole
5.13M
Shared
0.00
None
0.00
TRIPADVISOR INC
SOLEShares8.50M
TypeSH
Market value$152.83M
5.50%
Sole
8.50M
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares1.16M
TypeSH
Market value$96.54M
3.47%
Sole
1.16M
Shared
0.00
None
0.00
CARGURUS INC
SOLEShares6.74M
TypeSH
Market value$94.49M
3.40%
Sole
6.74M
Shared
0.00
None
0.00
UNITED AIRLS HLDGS INC
SOLEShares2.30M
TypeSH
Market value$86.71M
3.12%
Sole
2.30M
Shared
0.00
None
0.00
AVIS BUDGET GROUP
SOLEShares424.40K
TypeSH
Market value$69.57M
2.50%
Sole
424.40K
Shared
0.00
None
0.00
SOUTHWEST AIRLS CO
SOLEShares2M
TypeSH
Market value$67.34M
2.42%
Sole
2M
Shared
0.00
None
0.00
ALASKA AIR GROUP INC
SOLEShares1.50M
TypeSH
Market value$64.41M
2.32%
Sole
1.50M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares350K
TypeSH
Market value$51.71M
1.86%
Sole
350K
Shared
0.00
None
0.00
AMERICAN AIRLS GROUP INC
SOLEShares2.94M
TypeSH
Market value$37.34M
1.34%
Sole
2.94M
Shared
0.00
None
0.00
FRONTIER GROUP HLDGS INC
SOLEShares3.33M
TypeSH
Market value$34.19M
1.23%
Sole
3.33M
Shared
0.00
None
0.00
SUN CTRY AIRLS HLDGS INC
SOLEShares1.90M
TypeSH
Market value$30.13M
1.08%
Sole
1.90M
Shared
0.00
None
0.00
TRIVAGO N V
SOLEShares22.09M
TypeSH
Market value$29.82M
1.07%
Sole
22.09M
Shared
0.00
None
0.00
AIRBNB INC
SOLEShares300K
TypeSH
Market value$25.65M
0.92%
Sole
300K
Shared
0.00
None
0.00
AVIDXCHANGE HOLDINGS INC
SOLEShares2.50M
TypeSH
Market value$24.85M
0.89%
Sole
2.50M
Shared
0.00
None
0.00
PAYPAL HLDGS INC
SOLEShares331K
TypeSH
Market value$23.57M
0.85%
Sole
331K
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares335K
TypeSH
Market value$22.78M
0.82%
Sole
335K
Shared
0.00
None
0.00
WEBSTER FINL CORP
SOLEShares458K
TypeSH
Market value$21.68M
0.78%
Sole
458K
Shared
0.00
None
0.00
FLEETCOR TECHNOLOGIES INC
SOLEShares100K
TypeSH
Market value$18.37M
0.66%
Sole
100K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
EXPEDIA GROUP INCSOLE | COM NEW | 3.50M | SH | $306.60M 11.03% | 3.50M | 0.00 | 0.00 |
WEX INCSOLE | COM | 1.86M | SH | $303.77M 10.93% | 1.86M | 0.00 | 0.00 |
BOOKING HOLDINGS INCSOLE | COM | 139.32K | SH | $280.78M 10.10% | 139.32K | 0.00 | 0.00 |
SYNCHRONY FINANCIALSOLE | COM | 8.15M | SH | $267.81M 9.63% | 8.15M | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 9.83M | SH | $242.98M 8.74% | 9.83M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI USA QLT FCT | 1.64M | SH | $186.55M 6.71% | 1.64M | 0.00 | 0.00 |
DELTA AIR LINES INC DELSOLE | COM NEW | 5.13M | SH | $168.73M 6.07% | 5.13M | 0.00 | 0.00 |
TRIPADVISOR INCSOLE | COM | 8.50M | SH | $152.83M 5.50% | 8.50M | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 1.16M | SH | $96.54M 3.47% | 1.16M | 0.00 | 0.00 |
CARGURUS INCSOLE | COM CL A | 6.74M | SH | $94.49M 3.40% | 6.74M | 0.00 | 0.00 |
UNITED AIRLS HLDGS INCSOLE | COM | 2.30M | SH | $86.71M 3.12% | 2.30M | 0.00 | 0.00 |
AVIS BUDGET GROUPSOLE | COM | 424.40K | SH | $69.57M 2.50% | 424.40K | 0.00 | 0.00 |
SOUTHWEST AIRLS COSOLE | COM | 2M | SH | $67.34M 2.42% | 2M | 0.00 | 0.00 |
ALASKA AIR GROUP INCSOLE | COM | 1.50M | SH | $64.41M 2.32% | 1.50M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 350K | SH | $51.71M 1.86% | 350K | 0.00 | 0.00 |
AMERICAN AIRLS GROUP INCSOLE | COM | 2.94M | SH | $37.34M 1.34% | 2.94M | 0.00 | 0.00 |
FRONTIER GROUP HLDGS INCSOLE | COM | 3.33M | SH | $34.19M 1.23% | 3.33M | 0.00 | 0.00 |
SUN CTRY AIRLS HLDGS INCSOLE | COM | 1.90M | SH | $30.13M 1.08% | 1.90M | 0.00 | 0.00 |
TRIVAGO N VSOLE | SPON ADS A SHS | 22.09M | SH | $29.82M 1.07% | 22.09M | 0.00 | 0.00 |
AIRBNB INCSOLE | COM CL A | 300K | SH | $25.65M 0.92% | 300K | 0.00 | 0.00 |
AVIDXCHANGE HOLDINGS INCSOLE | COM | 2.50M | SH | $24.85M 0.89% | 2.50M | 0.00 | 0.00 |
PAYPAL HLDGS INCSOLE | COM | 331K | SH | $23.57M 0.85% | 331K | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 335K | SH | $22.78M 0.82% | 335K | 0.00 | 0.00 |
WEBSTER FINL CORPSOLE | COM | 458K | SH | $21.68M 0.78% | 458K | 0.00 | 0.00 |
FLEETCOR TECHNOLOGIES INCSOLE | COM | 100K | SH | $18.37M 0.66% | 100K | 0.00 | 0.00 |
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