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PAR Capital Management Portfolio holdings

AUM $3.45B
1-Year Est. Return 28.5%
This Fund
S&P 500
This Quarter Est. Return
+13.14%
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
$8.9B
AUM Growth
+$676M
Cap. Flow
-$187M
Cap. Flow %
-2.11%
Top 10 Hldgs %
61.06%
Holding
91
New
14
Increased
20
Reduced
12
Closed
6

Top Buys

Rank Stock Value
1
DAL icon
Delta Air Lines
DAL
+$98M
2
MCK icon
McKesson
MCK
+$88.9M
3
CZR icon
Caesars Entertainment
CZR
+$69.2M
4
CAR icon
Avis
CAR
+$49.4M
5
BRSL
Brightstar Lottery PLC
BRSL
+$40.7M

Top Sells

Rank Stock Value
1
ALK icon
Alaska Air
ALK
+$176M
2
CI icon
Cigna
CI
+$120M
3
ISLE
Isle of Capri Casinos Inc
ISLE
+$107M
4
MGM icon
MGM Resorts International
MGM
+$92.7M
5
TRIP icon
TripAdvisor
TRIP
+$85.3M

Sector Composition

Rank Sector Weight
1 Industrials 41.92%
2 Consumer Discretionary 28.73%
3 Healthcare 13.81%
4 Communication Services 5.91%
5 Real Estate 2.31%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVNA icon
76
Carvana
CVNA
$47.5B
$1.05M 0.01%
+256,500
New +$702K
PNK
77
DELISTED
Pinnacle Entertainment Inc.
PNK
$1M 0.01%
50,854
-262,574
-84% -$5.27M
HUBS icon
78
HubSpot
HUBS
$12.9B
$658K 0.01%
10,000
+6,000
+150% +$405K
VLRS
79
Controladora Vuela Compania de Aviacion
VLRS
$869M
$503K 0.01%
34,600
-215,400
-86% -$2.95M
BV
80
DELISTED
Bazaarvoice, Inc.
BV
$446K 0.01%
90,000
– –
TWLO icon
81
Twilio
TWLO
$28.6B
$437K ﹤0.01%
+15,000
New +$410K
CCRN
82
DELISTED
Cross Country Healthcare
CCRN
$310K ﹤0.01%
+24,000
New +$309K
WIX icon
83
WIX.com
WIX
$2.56B
$278K ﹤0.01%
4,000
– –
NCI
84
DELISTED
Navigant Consulting, Inc.
NCI
$237K ﹤0.01%
+12,000
New +$253K
BV
85
PUT
DELISTED
Bazaarvoice, Inc.
BV
$147K ﹤0.01%
+30,000
New +$138K
RHI icon
86
Robert Half
RHI
$4.11B
– –
-5,000
Closed -$244K
XHR
87
Xenia Hotels & Resorts
XHR
$2.01B
– –
-474,211
Closed -$8.1M
RRTS
88
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
– –
-2,520
Closed -$433K
PIR
89
DELISTED
Pier 1 Imports, Inc.
PIR
– –
-44,520
Closed -$6.38M
ISLE
90
DELISTED
Isle of Capri Casinos Inc
ISLE
– –
-4,046,000
Closed -$107M
SGY
91
DELISTED
Stone Energy
SGY
– –
-288,141
Closed -$6.29M
1 2 3
4

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OTPPB
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PAR Capital Management's Q2 2017 Portfolio in Review

As of Q2 2017, PAR Capital Management held 91 positions worth $8.9B, up 8.2% from $8.23B the previous quarter. Its ten largest holdings account for 61% of the portfolio.

PAR Capital Management's Q2 2017 filing shows 14 new, 20 increased, 12 reduced and 6 closed positions. Its largest new stake was O'Reilly Automotive: 1,125,000 shares worth $16.4M. The largest sale was Alaska Air, an estimated $176M.

By sector, the portfolio is most concentrated in Industrials at 42% of assets, down from 43% a quarter earlier, followed by Consumer Discretionary and Healthcare.

  • PAR Capital Management's largest Q2 2017 buy was O'Reilly Automotive: 1,125,000 shares worth $16.4M.
  • PAR Capital Management added most to Delta Air Lines in Q2 2017, an estimated $98M increase.
  • PAR Capital Management's biggest Q2 2017 reduction was Alaska Air, cutting an estimated $176M.
  • PAR Capital Management fully exited Isle of Capri Casinos Inc in Q2 2017, selling an estimated $107M.
  • PAR Capital Management's ten largest holdings make up 61% of its $8.9B portfolio in Q2 2017.
  • PAR Capital Management opened 14 new positions and closed 6 in Q2 2017.
  • PAR Capital Management's portfolio value rose 8.2% quarter-over-quarter to $8.9B.

Based on PAR Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.