PAR Capital Management’s Charles Schwab SCHW Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$23.8M	Sell	253,300 -658,700	-72%	-$64.6M	0.69%	21
2025 Q4	$91.1M	Buy	912,000 +2,000	+0.2%	+$190K	2.42%	10
2025 Q3	$86.9M	Buy	910,000 +1,000	+0.1%	+$94.9K	2.56%	10
2025 Q2	$82.9M	Buy	909,000 +4,000	+0.4%	+$335K	2.71%	9
2025 Q1	$70.8M	Hold	905,000	–	–	2.38%	11
2024 Q4	$67M	Sell	905,000 -395,000	-30%	-$29.6M	1.98%	10
2024 Q3	$84.3M	Buy	1,300,000 +100,000	+8%	+$6.57M	2.39%	9
2024 Q2	$88.4M	Hold	1,200,000	–	–	2.78%	9
2024 Q1	$86.8M	Hold	1,200,000	–	–	2.7%	9
2023 Q4	$82.6M	Buy	1,200,000 +75,000	+7%	+$4.33M	2.71%	10
2023 Q3	$61.8M	Hold	1,125,000	–	–	2.31%	10
2023 Q2	$63.8M	Sell	1,125,000 -735,000	-40%	-$38.5M	2.22%	12
2023 Q1	$97.4M	Buy	1,860,000 +700,500	+60%	+$51.3M	3.59%	8
2022 Q4	$96.5M	Buy	1,159,500 +5,000	+0.4%	+$388K	3.47%	9
2022 Q3	$83M	Buy	1,154,500 +4,500	+0.4%	+$312K	3.08%	11
2022 Q2	$72.7M	Buy	1,150,000 +150,000	+15%	+$10.3M	2.44%	13
2022 Q1	$84.3M	Hold	1,000,000	–	–	2.01%	15
2021 Q4	$84.1M	Hold	1,000,000	–	–	2.27%	13
2021 Q3	$72.8M	Hold	1,000,000	–	–	1.75%	16
2021 Q2	$72.8M	Hold	1,000,000	–	–	1.81%	15
2021 Q1	$65.2M	Hold	1,000,000	–	–	1.54%	17
2020 Q4	$53M	Buy	1,000,000 +100,000	+11%	+$4.53M	1.55%	16
2020 Q3	$32.6M	Buy	900,000 +125,000	+16%	+$4.35M	1.24%	20
2020 Q2	$26.1M	Buy	775,000 +75,000	+11%	+$2.69M	1%	22
2020 Q1	$23.5M	Buy	+700,000	New	+$29.4M	1.01%	18