Filed: 8/14/2023ACC: 0001051359-23-000007
📋 What this filing means
PAR CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 45 equity positions with a total reported market value of $2.87B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
45
Positions
$2.87B
Total AUM (reported)
86.76M
Total Shares
Allocation by class
COM$2.10B73.2%
COM NEW$590.52M20.6%
COM CL A$95.88M3.3%
CL A$44.77M1.6%
SPON ADS A SHS$29.15M1.0%
CAP STK CL A$3.51M0.1%
CLASS A COM$1.90M0.1%
Portfolio Concentration
Top 3$1.03B36.0%
4–10$1.19B41.6%
11–25$544.99M19.0%
Rest$100.02M3.5%
Top 3 weight
36.0%
Top 10 weight
77.5%
Voting Authority Distribution
Total shares with voting rights: 86.76M
Sole
Full voting authority
86.76M
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)
Sole45
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings45
Rows:
EXPEDIA GROUP INC
SOLEShares3.40M
TypeSH
Market value$371.93M
12.95%
Sole
3.40M
Shared
0.00
None
0.00
WEX INC
SOLEShares1.85M
TypeSH
Market value$337.56M
11.75%
Sole
1.85M
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
SOLEShares120K
TypeSH
Market value$324.04M
11.28%
Sole
120K
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares7M
TypeSH
Market value$302.19M
10.52%
Sole
7M
Shared
0.00
None
0.00
SYNCHRONY FINANCIAL
SOLEShares8.40M
TypeSH
Market value$284.93M
9.92%
Sole
8.40M
Shared
0.00
None
0.00
DELTA AIR LINES INC DEL
SOLEShares4.52M
TypeSH
Market value$214.92M
7.48%
Sole
4.52M
Shared
0.00
None
0.00
AVIS BUDGET GROUP
SOLEShares508.11K
TypeSH
Market value$116.19M
4.05%
Sole
508.11K
Shared
0.00
None
0.00
UNITED AIRLS HLDGS INC
SOLEShares2.07M
TypeSH
Market value$113.77M
3.96%
Sole
2.07M
Shared
0.00
None
0.00
TRIPADVISOR INC
SOLEShares5.40M
TypeSH
Market value$89.05M
3.10%
Sole
5.40M
Shared
0.00
None
0.00
SOUTHWEST AIRLS CO
SOLEShares2M
TypeSH
Market value$72.42M
2.52%
Sole
2M
Shared
0.00
None
0.00
ALASKA AIR GROUP INC
SOLEShares1.20M
TypeSH
Market value$63.82M
2.22%
Sole
1.20M
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares1.13M
TypeSH
Market value$63.77M
2.22%
Sole
1.13M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares350K
TypeSH
Market value$60.97M
2.12%
Sole
350K
Shared
0.00
None
0.00
AMERICAN AIRLS GROUP INC
SOLEShares2.80M
TypeSH
Market value$50.23M
1.75%
Sole
2.80M
Shared
0.00
None
0.00
CARGURUS INC
SOLEShares1.89M
TypeSH
Market value$42.83M
1.49%
Sole
1.89M
Shared
0.00
None
0.00
AIRBNB INC
SOLEShares300K
TypeSH
Market value$38.45M
1.34%
Sole
300K
Shared
0.00
None
0.00
SUN CTRY AIRLS HLDGS INC
SOLEShares1.50M
TypeSH
Market value$33.72M
1.17%
Sole
1.50M
Shared
0.00
None
0.00
FRONTIER GROUP HLDGS INC
SOLEShares3.32M
TypeSH
Market value$32.13M
1.12%
Sole
3.32M
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares250K
TypeSH
Market value$31.57M
1.10%
Sole
250K
Shared
0.00
None
0.00
TRIVAGO N V
SOLEShares22.09M
TypeSH
Market value$29.15M
1.02%
Sole
22.09M
Shared
0.00
None
0.00
AVIDXCHANGE HOLDINGS INC
SOLEShares2.50M
TypeSH
Market value$25.95M
0.90%
Sole
2.50M
Shared
0.00
None
0.00
COMERICA INC
SOLEShares500K
TypeSH
Market value$21.18M
0.74%
Sole
500K
Shared
0.00
None
0.00
JETBLUE AWYS CORP
SOLEShares2M
TypeSH
Market value$17.72M
0.62%
Sole
2M
Shared
0.00
None
0.00
GREEN DOT CORP
SOLEShares900K
TypeSH
Market value$16.87M
0.59%
Sole
900K
Shared
0.00
None
0.00
BLOCK INC
SOLEShares250K
TypeSH
Market value$16.64M
0.58%
Sole
250K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
EXPEDIA GROUP INCSOLE | COM NEW | 3.40M | SH | $371.93M 12.95% | 3.40M | 0.00 | 0.00 |
WEX INCSOLE | COM | 1.85M | SH | $337.56M 11.75% | 1.85M | 0.00 | 0.00 |
BOOKING HOLDINGS INCSOLE | COM | 120K | SH | $324.04M 11.28% | 120K | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 7M | SH | $302.19M 10.52% | 7M | 0.00 | 0.00 |
SYNCHRONY FINANCIALSOLE | COM | 8.40M | SH | $284.93M 9.92% | 8.40M | 0.00 | 0.00 |
DELTA AIR LINES INC DELSOLE | COM NEW | 4.52M | SH | $214.92M 7.48% | 4.52M | 0.00 | 0.00 |
AVIS BUDGET GROUPSOLE | COM | 508.11K | SH | $116.19M 4.05% | 508.11K | 0.00 | 0.00 |
UNITED AIRLS HLDGS INCSOLE | COM | 2.07M | SH | $113.77M 3.96% | 2.07M | 0.00 | 0.00 |
TRIPADVISOR INCSOLE | COM | 5.40M | SH | $89.05M 3.10% | 5.40M | 0.00 | 0.00 |
SOUTHWEST AIRLS COSOLE | COM | 2M | SH | $72.42M 2.52% | 2M | 0.00 | 0.00 |
ALASKA AIR GROUP INCSOLE | COM | 1.20M | SH | $63.82M 2.22% | 1.20M | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 1.13M | SH | $63.77M 2.22% | 1.13M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 350K | SH | $60.97M 2.12% | 350K | 0.00 | 0.00 |
AMERICAN AIRLS GROUP INCSOLE | COM | 2.80M | SH | $50.23M 1.75% | 2.80M | 0.00 | 0.00 |
CARGURUS INCSOLE | COM CL A | 1.89M | SH | $42.83M 1.49% | 1.89M | 0.00 | 0.00 |
AIRBNB INCSOLE | COM CL A | 300K | SH | $38.45M 1.34% | 300K | 0.00 | 0.00 |
SUN CTRY AIRLS HLDGS INCSOLE | COM | 1.50M | SH | $33.72M 1.17% | 1.50M | 0.00 | 0.00 |
FRONTIER GROUP HLDGS INCSOLE | COM | 3.32M | SH | $32.13M 1.12% | 3.32M | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 250K | SH | $31.57M 1.10% | 250K | 0.00 | 0.00 |
TRIVAGO N VSOLE | SPON ADS A SHS | 22.09M | SH | $29.15M 1.02% | 22.09M | 0.00 | 0.00 |
AVIDXCHANGE HOLDINGS INCSOLE | COM | 2.50M | SH | $25.95M 0.90% | 2.50M | 0.00 | 0.00 |
COMERICA INCSOLE | COM | 500K | SH | $21.18M 0.74% | 500K | 0.00 | 0.00 |
JETBLUE AWYS CORPSOLE | COM | 2M | SH | $17.72M 0.62% | 2M | 0.00 | 0.00 |
GREEN DOT CORPSOLE | CL A | 900K | SH | $16.87M 0.59% | 900K | 0.00 | 0.00 |
BLOCK INCSOLE | CL A | 250K | SH | $16.64M 0.58% | 250K | 0.00 | 0.00 |
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