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
+1.78%
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
$9.11B
AUM Growth
+$161M
Cap. Flow
+$191M
Cap. Flow %
2.1%
Top 10 Hldgs %
56.67%
Holding
87
New
9
Increased
30
Reduced
6
Closed
5

Top Buys

Rank Stock Value
1
GLPI icon
Gaming and Leisure Properties
GLPI
+$106M
2
META icon
Meta Platforms (Facebook)
META
+$101M
3
CZR
Caesars Entertainment Corporation
CZR
+$83.8M
4
DVA icon
DaVita
DVA
+$77.1M
5
EVHC
Envision Healthcare Holdings Inc
EVHC
+$74.7M

Top Sells

Rank Stock Value
1
CI icon
Cigna
CI
+$203M
2
HCA icon
HCA Healthcare
HCA
+$176M
3
RRR icon
Red Rock Resorts
RRR
+$51.6M
4
MGM icon
MGM Resorts International
MGM
+$35.1M
5
CP icon
Canadian Pacific Kansas City
CP
+$29.2M

Sector Composition

Rank Sector Weight
1 Industrials 42.23%
2 Consumer Discretionary 30.28%
3 Healthcare 8.62%
4 Communication Services 5.78%
5 Real Estate 3.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TVTY
51
DELISTED
Tivity Health, Inc. Common Stock
TVTY
$26.8M 0.29%
675,000
+135,000
+25% +$5.24M
SEMG
52
DELISTED
SEMGROUP CORPORATION
SEMG
$24.4M 0.27%
1,140,279
+172,679
+18% +$4.45M
TSG
53
DELISTED
The Stars Group Inc.
TSG
$23.2M 0.25%
841,400
+720,311
+595% +$18.8M
CSX icon
54
CSX Corp
CSX
$93B
$23.1M 0.25%
1,245,000
-600,000
-33% -$11.2M
GRPN icon
55
Groupon
GRPN
$1.06B
$21.1M 0.23%
243,510
+75,000
+45% +$7.27M
CIVI
56
DELISTED
Civitas Resources
CIVI
$20.9M 0.23%
753,000
+653,000
+653% +$18M
WYNN icon
57
Wynn Resorts
WYNN
$10.5B
$20.1M 0.22%
+110,000
New +$19M
AAP icon
58
Advance Auto Parts
AAP
$3.39B
$19.6M 0.21%
165,000
– –
TUES
59
DELISTED
Tuesday Morning Corp
TUES
$17.7M 0.19%
4,468,600
– –
CVNA icon
60
Carvana
CVNA
$44B
$15.4M 0.17%
3,361,815
+833,330
+33% +$3.33M
BMCH
61
DELISTED
BMC Stock Holdings, Inc
BMCH
$15.4M 0.17%
785,200
-180,000
-19% -$3.85M
PFSI icon
62
PennyMac Financial
PFSI
$3.94B
$12.9M 0.14%
570,000
– –
EHTH icon
63
eHealth
EHTH
$43.8M
$11.6M 0.13%
813,856
+312,998
+62% +$5.15M
WBS icon
64
Webster Financial
WBS
$12.5B
$11.6M 0.13%
210,100
– –
ANGI icon
65
Angi Inc
ANGI
$229M
$10.9M 0.12%
+80,204
New +$11.2M
SEM
66
DELISTED
Select Medical
SEM
$10.6M 0.12%
1,145,538
– –
SWN
67
DELISTED
Southwestern Energy Company
SWN
$10.4M 0.11%
2,400,000
+300,000
+14% +$1.35M
TREE icon
68
LendingTree
TREE
$443M
$8.66M 0.1%
26,400
+21,000
+389% +$7.56M
TRVG
69
trivago
TRVG
$378M
$7.89M 0.09%
227,195
+77,195
+51% +$3.04M
ARLZ
70
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
$6.65M 0.07%
4,431,301
-1,511,008
-25% -$2.64M
DKS icon
71
Dick's Sporting Goods
DKS
$17.9B
$5.26M 0.06%
150,000
– –
VLRS
72
Controladora Vuela Compania de Aviacion
VLRS
$914M
$5.13M 0.06%
629,600
+206,500
+49% +$1.71M
COR icon
73
Cencora
COR
$60.7B
$4.31M 0.05%
50,000
– –
GWR
74
DELISTED
Genesee & Wyoming Inc.
GWR
$3.54M 0.04%
+50,000
New +$3.77M
MMYT icon
75
MakeMyTrip
MMYT
$5.37B
$3.51M 0.04%
101,200
– –
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 Q1 2018 Portfolio in Review

As of Q1 2018, PAR Capital Management held 87 positions worth $9.11B, up 1.8% from $8.95B the previous quarter. Its ten largest holdings account for 57% of the portfolio.

PAR Capital Management's Q1 2018 filing shows 9 new, 30 increased, 6 reduced and 5 closed positions. Its largest new stake was DaVita: 1,050,000 shares worth $69.2M. The largest sale was Cigna, an estimated $203M.

By sector, the portfolio is most concentrated in Industrials at 42% of assets, down from 42% a quarter earlier, followed by Consumer Discretionary and Healthcare.

  • PAR Capital Management's largest Q1 2018 buy was DaVita: 1,050,000 shares worth $69.2M.
  • PAR Capital Management added most to Gaming and Leisure Properties in Q1 2018, an estimated $106M increase.
  • PAR Capital Management's biggest Q1 2018 reduction was Red Rock Resorts, cutting an estimated $51.6M.
  • PAR Capital Management fully exited Cigna in Q1 2018, selling an estimated $203M.
  • PAR Capital Management's ten largest holdings make up 57% of its $9.11B portfolio in Q1 2018.
  • PAR Capital Management opened 9 new positions and closed 5 in Q1 2018.
  • PAR Capital Management's portfolio value rose 1.8% quarter-over-quarter to $9.11B.

Based on PAR Capital Management's 13F filing for Q1 2018, filed 15 May 2018.