Filed: 5/15/2023ACC: 0001051359-23-000005
📋 What this filing means
PAR CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 42 equity positions with a total reported market value of $2.72B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
42
Positions
$2.72B
Total AUM (reported)
92.88M
Total Shares
Allocation by class
COM$2.03B74.6%
COM NEW$513.48M18.9%
COM CL A$119.62M4.4%
SPON ADS A SHS$33.35M1.2%
CL A$17.53M0.6%
CLASS A COM$2.69M0.1%
CAP STK CL A$2.29M0.1%
Portfolio Concentration
Top 3$1.01B37.3%
4–10$1.08B39.9%
11–25$559.87M20.6%
Rest$60.13M2.2%
Top 3 weight
37.3%
Top 10 weight
77.2%
Voting Authority Distribution
Total shares with voting rights: 92.88M
Sole
Full voting authority
92.88M
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)
Sole42
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings42
Rows:
WEX INC
SOLEShares1.86M
TypeSH
Market value$341.34M
12.56%
Sole
1.86M
Shared
0.00
None
0.00
EXPEDIA GROUP INC
SOLEShares3.50M
TypeSH
Market value$339.61M
12.50%
Sole
3.50M
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
SOLEShares125K
TypeSH
Market value$331.55M
12.20%
Sole
125K
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares8.59M
TypeSH
Market value$272.16M
10.02%
Sole
8.59M
Shared
0.00
None
0.00
SYNCHRONY FINANCIAL
SOLEShares8.30M
TypeSH
Market value$241.23M
8.88%
Sole
8.30M
Shared
0.00
None
0.00
DELTA AIR LINES INC DEL
SOLEShares4.90M
TypeSH
Market value$171.11M
6.30%
Sole
4.90M
Shared
0.00
None
0.00
TRIPADVISOR INC
SOLEShares5.70M
TypeSH
Market value$113.20M
4.17%
Sole
5.70M
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares1.86M
TypeSH
Market value$97.43M
3.59%
Sole
1.86M
Shared
0.00
None
0.00
UNITED AIRLS HLDGS INC
SOLEShares2.20M
TypeSH
Market value$97.36M
3.58%
Sole
2.20M
Shared
0.00
None
0.00
AVIS BUDGET GROUP
SOLEShares472.20K
TypeSH
Market value$91.98M
3.39%
Sole
472.20K
Shared
0.00
None
0.00
SOUTHWEST AIRLS CO
SOLEShares2.57M
TypeSH
Market value$83.52M
3.07%
Sole
2.57M
Shared
0.00
None
0.00
CARGURUS INC
SOLEShares3.79M
TypeSH
Market value$70.84M
2.61%
Sole
3.79M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares350K
TypeSH
Market value$57.73M
2.12%
Sole
350K
Shared
0.00
None
0.00
ALASKA AIR GROUP INC
SOLEShares1.20M
TypeSH
Market value$50.35M
1.85%
Sole
1.20M
Shared
0.00
None
0.00
AMERICAN AIRLS GROUP INC
SOLEShares2.80M
TypeSH
Market value$41.30M
1.52%
Sole
2.80M
Shared
0.00
None
0.00
AIRBNB INC
SOLEShares300K
TypeSH
Market value$37.32M
1.37%
Sole
300K
Shared
0.00
None
0.00
TRIVAGO N V
SOLEShares22.09M
TypeSH
Market value$33.35M
1.23%
Sole
22.09M
Shared
0.00
None
0.00
FRONTIER GROUP HLDGS INC
SOLEShares3.33M
TypeSH
Market value$32.72M
1.20%
Sole
3.33M
Shared
0.00
None
0.00
SUN CTRY AIRLS HLDGS INC
SOLEShares1.50M
TypeSH
Market value$30.75M
1.13%
Sole
1.50M
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares300K
TypeSH
Market value$27.59M
1.02%
Sole
300K
Shared
0.00
None
0.00
SABRE CORP
SOLEShares5.35M
TypeSH
Market value$22.97M
0.85%
Sole
5.35M
Shared
0.00
None
0.00
FIRST REP BK SAN FRANCISCO C
SOLEShares1.55M
TypeSH
Market value$21.68M
0.80%
Sole
1.55M
Shared
0.00
None
0.00
AVIDXCHANGE HOLDINGS INC
SOLEShares2.50M
TypeSH
Market value$19.50M
0.72%
Sole
2.50M
Shared
0.00
None
0.00
GREEN DOT CORP
SOLEShares900K
TypeSH
Market value$15.46M
0.57%
Sole
900K
Shared
0.00
None
0.00
WEBSTER FINL CORP
SOLEShares375K
TypeSH
Market value$14.78M
0.54%
Sole
375K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
WEX INCSOLE | COM | 1.86M | SH | $341.34M 12.56% | 1.86M | 0.00 | 0.00 |
EXPEDIA GROUP INCSOLE | COM NEW | 3.50M | SH | $339.61M 12.50% | 3.50M | 0.00 | 0.00 |
BOOKING HOLDINGS INCSOLE | COM | 125K | SH | $331.55M 12.20% | 125K | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 8.59M | SH | $272.16M 10.02% | 8.59M | 0.00 | 0.00 |
SYNCHRONY FINANCIALSOLE | COM | 8.30M | SH | $241.23M 8.88% | 8.30M | 0.00 | 0.00 |
DELTA AIR LINES INC DELSOLE | COM NEW | 4.90M | SH | $171.11M 6.30% | 4.90M | 0.00 | 0.00 |
TRIPADVISOR INCSOLE | COM | 5.70M | SH | $113.20M 4.17% | 5.70M | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 1.86M | SH | $97.43M 3.59% | 1.86M | 0.00 | 0.00 |
UNITED AIRLS HLDGS INCSOLE | COM | 2.20M | SH | $97.36M 3.58% | 2.20M | 0.00 | 0.00 |
AVIS BUDGET GROUPSOLE | COM | 472.20K | SH | $91.98M 3.39% | 472.20K | 0.00 | 0.00 |
SOUTHWEST AIRLS COSOLE | COM | 2.57M | SH | $83.52M 3.07% | 2.57M | 0.00 | 0.00 |
CARGURUS INCSOLE | COM CL A | 3.79M | SH | $70.84M 2.61% | 3.79M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 350K | SH | $57.73M 2.12% | 350K | 0.00 | 0.00 |
ALASKA AIR GROUP INCSOLE | COM | 1.20M | SH | $50.35M 1.85% | 1.20M | 0.00 | 0.00 |
AMERICAN AIRLS GROUP INCSOLE | COM | 2.80M | SH | $41.30M 1.52% | 2.80M | 0.00 | 0.00 |
AIRBNB INCSOLE | COM CL A | 300K | SH | $37.32M 1.37% | 300K | 0.00 | 0.00 |
TRIVAGO N VSOLE | SPON ADS A SHS | 22.09M | SH | $33.35M 1.23% | 22.09M | 0.00 | 0.00 |
FRONTIER GROUP HLDGS INCSOLE | COM | 3.33M | SH | $32.72M 1.20% | 3.33M | 0.00 | 0.00 |
SUN CTRY AIRLS HLDGS INCSOLE | COM | 1.50M | SH | $30.75M 1.13% | 1.50M | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 300K | SH | $27.59M 1.02% | 300K | 0.00 | 0.00 |
SABRE CORPSOLE | COM | 5.35M | SH | $22.97M 0.85% | 5.35M | 0.00 | 0.00 |
FIRST REP BK SAN FRANCISCO CSOLE | COM | 1.55M | SH | $21.68M 0.80% | 1.55M | 0.00 | 0.00 |
AVIDXCHANGE HOLDINGS INCSOLE | COM | 2.50M | SH | $19.50M 0.72% | 2.50M | 0.00 | 0.00 |
GREEN DOT CORPSOLE | CL A | 900K | SH | $15.46M 0.57% | 900K | 0.00 | 0.00 |
WEBSTER FINL CORPSOLE | COM | 375K | SH | $14.78M 0.54% | 375K | 0.00 | 0.00 |
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