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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
+1.08%
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
$8.8B
AUM Growth
-$102M
(-1.1%)
Cap. Flow
+$55.2M
Cap. Flow
% of AUM
0.63%
Top 10 Holdings %
Top 10 Hldgs %
59.06%
Holding
91
New
6
Increased
22
Reduced
12
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
United Airlines
UAL
|
+$242M |
| 2 |
McKesson
MCK
|
+$79.6M |
| 3 |
Red Rock Resorts
RRR
|
+$36.6M |
| 4 |
STMP
Stamps.com, Inc.
STMP
|
+$25.3M |
| 5 |
Dycom Industries
DY
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cigna
CI
|
+$214M |
| 2 |
TRVG
trivago
TRVG
|
+$54.5M |
| 3 |
GRUB
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
|
+$37.2M |
| 4 |
Williams Companies
WMB
|
+$31.9M |
| 5 |
MGM Resorts International
MGM
|
+$31.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 42.58% |
| 2 | Consumer Discretionary | 30.82% |
| 3 | Healthcare | 12.3% |
| 4 | Communication Services | 4.04% |
| 5 | Real Estate | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RATE
76
DELISTED
Bankrate Inc
RATE
| $1.1M | 0.01% |
79,000
-129,794
| -62% | -$1.8M |
|
|
PNK
77
DELISTED
Pinnacle Entertainment Inc.
PNK
| $1.08M | 0.01% |
50,854
| – | – |
|
|
WEB
78
DELISTED
Web.com Group, Inc.
WEB
| $955K | 0.01% |
+38,202
| New | +$916K |
|
79
GoDaddy
GDDY
$13.9B
| $740K | 0.01% |
+17,000
| New | +$733K |
|
80
WIX.com
WIX
$2.56B
| $647K | 0.01% |
9,000
+5,000
| +125% | +$332K |
|
|
HAPN
81
Happen Inc
HAPN
$2.14B
| $487K | 0.01% |
+16,000
| New | +$461K |
|
|
BV
82
DELISTED
Bazaarvoice, Inc.
BV
| $297K | ﹤0.01% |
60,000
-30,000
| -33% | -$143K |
|
|
CCRN
83
DELISTED
Cross Country Healthcare
CCRN
| – | – |
-24,000
| Closed | -$310K |
|
84
HubSpot
HUBS
$12.9B
| – | – |
-10,000
| Closed | -$658K |
|
85
Ollie's Bargain Outlet
OLLI
$4.31B
| – | – |
-76,665
| Closed | -$3.27M |
|
86
Tenet Healthcare
THC
$22.2B
| – | – |
-600,000
| Closed | -$11.6M |
|
87
LendingTree
TREE
$551M
| – | – |
-82,469
| Closed | -$14.2M |
|
88
Twilio
TWLO
$28.6B
| – | – |
-15,000
| Closed | -$437K |
|
|
VLRS
89
Controladora Vuela Compania de Aviacion
VLRS
$869M
| – | – |
-34,600
| Closed | -$503K |
|
|
NCI
90
DELISTED
Navigant Consulting, Inc.
NCI
| – | – |
-12,000
| Closed | -$237K |
|
|
BV
91
PUT
DELISTED
Bazaarvoice, Inc.
BV
| – | – |
-30,000
| Closed | -$147K |
|
Similar funds
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RBA
DAM
PWP
OTPPB
JGC
CIA
CCM
PAR Capital Management's Q3 2017 Portfolio in Review
As of Q3 2017, PAR Capital Management held 91 positions worth $8.8B, down 1.1% from $8.9B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
PAR Capital Management's Q3 2017 filing shows 6 new, 22 increased, 12 reduced and 9 closed positions. Its largest new stake was Advance Auto Parts: 125,000 shares worth $12.4M. The largest sale was Cigna, an estimated $214M.
By sector, the portfolio is most concentrated in Industrials at 43% of assets, up from 42% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- PAR Capital Management's largest Q3 2017 buy was Advance Auto Parts: 125,000 shares worth $12.4M.
- PAR Capital Management added most to United Airlines in Q3 2017, an estimated $242M increase.
- PAR Capital Management's biggest Q3 2017 reduction was Cigna, cutting an estimated $214M.
- PAR Capital Management fully exited LendingTree in Q3 2017, selling an estimated $14.2M.
- PAR Capital Management's ten largest holdings make up 59% of its $8.8B portfolio in Q3 2017.
- PAR Capital Management opened 6 new positions and closed 9 in Q3 2017.
- PAR Capital Management's portfolio value fell 1.1% quarter-over-quarter to $8.8B.
Based on PAR Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.