Filed: 8/14/2026ACC: 0001051359-26-000008
📋 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 $4.03B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
45
Positions
$4.03B
Total AUM (reported)
55.91M
Total Shares
Allocation by class
COM$2.68B66.4%
COM NEW$817.15M20.3%
COM CL A$217.40M5.4%
CL A$180.28M4.5%
CL C CAP STK$25.94M0.6%
SPON ADS A SHS N$23.48M0.6%
CL A COM$23.45M0.6%
Portfolio Concentration
Top 3$1.79B44.4%
4–10$1.60B39.7%
11–25$573.29M14.2%
Rest$67.13M1.7%
Top 3 weight
44.4%
Top 10 weight
84.1%
Voting Authority Distribution
Total shares with voting rights: 55.91M
Sole
Full voting authority
55.91M
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:
UNITED AIRLS HLDGS INC
SOLEShares5.36M
TypeSH
Market value$728.87M
18.07%
Sole
5.36M
Shared
0.00
None
0.00
SYNCHRONY FINANCIAL
SOLEShares7.61M
TypeSH
Market value$578.90M
14.35%
Sole
7.61M
Shared
0.00
None
0.00
EXPEDIA GROUP INC
SOLEShares1.90M
TypeSH
Market value$485.11M
12.03%
Sole
1.90M
Shared
0.00
None
0.00
DELTA AIR LINES INC
SOLEShares3.49M
TypeSH
Market value$327.18M
8.11%
Sole
3.49M
Shared
0.00
None
0.00
WEX INC
SOLEShares2.25M
TypeSH
Market value$318.16M
7.89%
Sole
2.25M
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares4.22M
TypeSH
Market value$304.35M
7.54%
Sole
4.22M
Shared
0.00
None
0.00
SOUTHWEST AIRLS CO
SOLEShares4.91M
TypeSH
Market value$252.25M
6.25%
Sole
4.91M
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
SOLEShares992.10K
TypeSH
Market value$176.83M
4.38%
Sole
992.10K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares1.74M
TypeSH
Market value$114.48M
2.84%
Sole
1.74M
Shared
0.00
None
0.00
AIRBNB INC
SOLEShares750K
TypeSH
Market value$107.33M
2.66%
Sole
750K
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares844.63K
TypeSH
Market value$99.33M
2.46%
Sole
844.63K
Shared
0.00
None
0.00
ALASKA AIR GROUP INC
SOLEShares1.58M
TypeSH
Market value$82.46M
2.04%
Sole
1.58M
Shared
0.00
None
0.00
HYATT HOTELS CORP
SOLEShares338.50K
TypeSH
Market value$65.61M
1.63%
Sole
338.50K
Shared
0.00
None
0.00
TRIPADVISOR INC
SOLEShares4.07M
TypeSH
Market value$55.83M
1.38%
Sole
4.07M
Shared
0.00
None
0.00
VISA INC
SOLEShares127.60K
TypeSH
Market value$43.78M
1.09%
Sole
127.60K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares54.98K
TypeSH
Market value$30.97M
0.77%
Sole
54.98K
Shared
0.00
None
0.00
ZILLOW GROUP INC
SOLEShares823K
TypeSH
Market value$25.94M
0.64%
Sole
823K
Shared
0.00
None
0.00
TRIVAGO N V
SOLEShares4.29M
TypeSH
Market value$23.48M
0.58%
Sole
4.29M
Shared
0.00
None
0.00
LYFT INC
SOLEShares1.60M
TypeSH
Market value$23.45M
0.58%
Sole
1.60M
Shared
0.00
None
0.00
JETBLUE AIRWAYS CORP
SOLEShares4M
TypeSH
Market value$22.92M
0.57%
Sole
4M
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares245K
TypeSH
Market value$22.61M
0.56%
Sole
245K
Shared
0.00
None
0.00
RYANAIR HOLDINGS PLC
SOLEShares340K
TypeSH
Market value$22.02M
0.55%
Sole
340K
Shared
0.00
None
0.00
GRUPO AEROMEXICO SAB DE CV
SOLEShares1.19M
TypeSH
Market value$21.42M
0.53%
Sole
1.19M
Shared
0.00
None
0.00
AMERICAN AIRLINES GROUP INC
SOLEShares1M
TypeSH
Market value$18.07M
0.45%
Sole
1M
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares30K
TypeSH
Market value$15.41M
0.38%
Sole
30K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
UNITED AIRLS HLDGS INCSOLE | COM | 5.36M | SH | $728.87M 18.07% | 5.36M | 0.00 | 0.00 |
SYNCHRONY FINANCIALSOLE | COM | 7.61M | SH | $578.90M 14.35% | 7.61M | 0.00 | 0.00 |
EXPEDIA GROUP INCSOLE | COM NEW | 1.90M | SH | $485.11M 12.03% | 1.90M | 0.00 | 0.00 |
DELTA AIR LINES INCSOLE | COM NEW | 3.49M | SH | $327.18M 8.11% | 3.49M | 0.00 | 0.00 |
WEX INCSOLE | COM | 2.25M | SH | $318.16M 7.89% | 2.25M | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 4.22M | SH | $304.35M 7.54% | 4.22M | 0.00 | 0.00 |
SOUTHWEST AIRLS COSOLE | COM | 4.91M | SH | $252.25M 6.25% | 4.91M | 0.00 | 0.00 |
BOOKING HOLDINGS INCSOLE | COM | 992.10K | SH | $176.83M 4.38% | 992.10K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 1.74M | SH | $114.48M 2.84% | 1.74M | 0.00 | 0.00 |
AIRBNB INCSOLE | COM CL A | 750K | SH | $107.33M 2.66% | 750K | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 844.63K | SH | $99.33M 2.46% | 844.63K | 0.00 | 0.00 |
ALASKA AIR GROUP INCSOLE | COM | 1.58M | SH | $82.46M 2.04% | 1.58M | 0.00 | 0.00 |
HYATT HOTELS CORPSOLE | COM CL A | 338.50K | SH | $65.61M 1.63% | 338.50K | 0.00 | 0.00 |
TRIPADVISOR INCSOLE | COM | 4.07M | SH | $55.83M 1.38% | 4.07M | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 127.60K | SH | $43.78M 1.09% | 127.60K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 54.98K | SH | $30.97M 0.77% | 54.98K | 0.00 | 0.00 |
ZILLOW GROUP INCSOLE | CL C CAP STK | 823K | SH | $25.94M 0.64% | 823K | 0.00 | 0.00 |
TRIVAGO N VSOLE | SPON ADS A SHS N | 4.29M | SH | $23.48M 0.58% | 4.29M | 0.00 | 0.00 |
LYFT INCSOLE | CL A COM | 1.60M | SH | $23.45M 0.58% | 1.60M | 0.00 | 0.00 |
JETBLUE AIRWAYS CORPSOLE | COM | 4M | SH | $22.92M 0.57% | 4M | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 245K | SH | $22.61M 0.56% | 245K | 0.00 | 0.00 |
RYANAIR HOLDINGS PLCSOLE | SPONSORED ADR | 340K | SH | $22.02M 0.55% | 340K | 0.00 | 0.00 |
GRUPO AEROMEXICO SAB DE CVSOLE | SPONSORED ADS | 1.19M | SH | $21.42M 0.53% | 1.19M | 0.00 | 0.00 |
AMERICAN AIRLINES GROUP INCSOLE | COM | 1M | SH | $18.07M 0.45% | 1M | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 30K | SH | $15.41M 0.38% | 30K | 0.00 | 0.00 |
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