We are live on ! Find out more
PCM

PAR Capital Management Portfolio holdings

AUM $3.45B
1-Year Est. Return 28.5%
This Fund
S&P 500
This Quarter Est. Return
-2.59%
1 Year Est. Return
+28.5%
3 Year Est. Return
+123.74%
5 Year Est. Return
+64.51%
10 Year Est. Return
+369.64%
AUM
$4.42B
AUM Growth
+$85.4M
Cap. Flow
+$261M
Cap. Flow %
5.91%
Top 10 Hldgs %
55.21%
Holding
76
New
6
Increased
22
Reduced
14
Closed
3

Top Buys

Rank Stock Value
1
TRUE
TrueCar
TRUE
+$109M
2
LUV icon
Southwest Airlines
LUV
+$58.7M
3
CLH icon
Clean Harbors
CLH
+$53.7M
4
DAL icon
Delta Air Lines
DAL
+$48.5M
5
UAL icon
United Airlines
UAL
+$43.9M

Top Sells

Rank Stock Value
1
TRIP icon
TripAdvisor
TRIP
+$70.1M
2
GBX icon
The Greenbrier Companies
GBX
+$28.7M
3
THC icon
Tenet Healthcare
THC
+$25.5M
4
URI icon
United Rentals
URI
+$23.9M
5
SGY
Stone Energy
SGY
+$18.1M

Sector Composition

Rank Sector Weight
1 Industrials 43.35%
2 Consumer Discretionary 29.08%
3 Communication Services 4.81%
4 Real Estate 3.38%
5 Financials 1.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SGY
51
DELISTED
Stone Energy
SGY
$11.3M 0.26%
15,840
-21,301
-57% -$18.1M
MLI icon
52
Mueller Industries
MLI
$14.5B
$11.1M 0.25%
1,280,000
-372,000
-23% -$3.32M
CSGP icon
53
CoStar Group
CSGP
$12.2B
$10.9M 0.25%
540,000
– –
WEX icon
54
WEX
WEX
$6.42B
$9.35M 0.21%
82,000
+2,600
+3% +$295K
NFX
55
DELISTED
Newfield Exploration
NFX
$7.31M 0.17%
202,500
– –
SF
56
Stifel
SF
$12.4B
$6.93M 0.16%
270,000
+11,250
+4% +$277K
MODV
57
DELISTED
ModivCare
MODV
$6.64M 0.15%
150,066
-2,652
-2% -$126K
MGM icon
58
MGM Resorts International
MGM
$11.7B
$6.57M 0.15%
+360,100
New +$7.31M
FRC
59
DELISTED
First Republic Bank
FRC
$6.3M 0.14%
100,000
– –
GDEN
60
DELISTED
Golden Entertainment
GDEN
$5.98M 0.14%
658,457
– –
VRTS icon
61
Virtus Investment Partners
VRTS
$1.12B
$5.69M 0.13%
43,000
+23,500
+121% +$3.07M
WYNN icon
62
Wynn Resorts
WYNN
$10.3B
$4.93M 0.11%
+50,000
New +$5.64M
FCX icon
63
Freeport-McMoran
FCX
$86.2B
$4.47M 0.1%
240,000
-300,000
-56% -$6.19M
STT icon
64
State Street
STT
$48.4B
$4.44M 0.1%
57,700
– –
QTWO icon
65
Q2 Holdings
QTWO
$3.78B
$3.53M 0.08%
125,000
+17,900
+17% +$418K
WP
66
DELISTED
Worldpay, Inc.
WP
$3.44M 0.08%
90,000
– –
BHR
67
Braemar Hotels & Resorts
BHR
$163M
$3.4M 0.08%
228,521
– –
ANGI icon
68
Angi Inc
ANGI
$247M
$3.39M 0.08%
55,100
-44,900
-45% -$2.76M
BRSL
69
Brightstar Lottery PLC
BRSL
$1.9B
$3.09M 0.07%
+174,100
New +$3.32M
RMGN
70
DELISTED
RMG Networks Holding Corporation
RMGN
$3.05M 0.07%
896,823
+612,562
+215% +$2.99M
MMYT icon
71
MakeMyTrip
MMYT
$5.38B
$1.57M 0.04%
79,973
+7,019
+10% +$147K
DVD
72
DELISTED
Dover Motorsports
DVD
$1.49M 0.03%
671,931
– –
FMD
73
DELISTED
FIRST MARBLEHEAD CORP COM STK NEW (DE)
FMD
$346K 0.01%
60,000
– –
FNCX
74
DELISTED
Function(x) Inc.
FNCX
– –
-9,348
Closed -$267K
ISLE
75
DELISTED
Isle of Capri Casinos Inc
ISLE
– –
-326,900
Closed -$4.59M
1 2
3
4

Similar funds

LNC
Lincoln National Corp Radnor, Pennsylvania $3.45B AUM 12.55% 1-Year Est. Return
RBA
Richard Bernstein Advisors New York $3.45B AUM 16.24% 1-Year Est. Return
DAM
Davis Asset Management Sausalito, California $3.46B AUM 9.77% 1-Year Est. Return
PWP
Perfromance Wealth Partners Hinsdale, Illinois $3.45B AUM 29.14% 1-Year Est. Return
OTPPB
Ontario Teachers' Pension Plan Board Toronto, Ontario, Canada $3.46B AUM 7.79% 1-Year Est. Return
JGC
J. Goldman & Co New York $3.44B AUM 33.8% 1-Year Est. Return
CIA
Caledonia Investments (Australia) Sydney NSW, Australia $3.44B AUM 20.03% 1-Year Est. Return
CCM
Check Capital Management Costa Mesa, California $3.44B AUM 9.15% 1-Year Est. Return

PAR Capital Management's Q2 2015 Portfolio in Review

As of Q2 2015, PAR Capital Management held 76 positions worth $4.42B, up 2% from $4.34B the previous quarter. Its ten largest holdings account for 55% of the portfolio.

PAR Capital Management deployed $261M of net new capital in Q2 2015, opening 6 new positions and adding to 22 existing holdings. Its largest new stake was Clean Harbors: 962,337 shares worth $51.7M.

By sector, the portfolio is most concentrated in Industrials at 43% of assets, down from 44% a quarter earlier, followed by Consumer Discretionary and Communication Services.

On the sell side, the largest reduction was TripAdvisor, an estimated $70.1M trimmed.

  • PAR Capital Management's largest Q2 2015 buy was Clean Harbors: 962,337 shares worth $51.7M.
  • PAR Capital Management added most to TrueCar in Q2 2015, an estimated $109M increase.
  • PAR Capital Management's biggest Q2 2015 reduction was TripAdvisor, cutting an estimated $70.1M.
  • PAR Capital Management fully exited ELONG, INC. AMERICAN DEPOSITARY SHARES in Q2 2015, selling an estimated $15M.
  • PAR Capital Management's ten largest holdings make up 55% of its $4.42B portfolio in Q2 2015.
  • PAR Capital Management opened 6 new positions and closed 3 in Q2 2015.
  • PAR Capital Management's portfolio value rose 2% quarter-over-quarter to $4.42B.

Based on PAR Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.