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
MLCO icon
76
Melco Resorts & Entertainment
MLCO
$2.22B
$2.9M 0.03%
+100,000
New +$2.8M
SGRY icon
77
Surgery Partners
SGRY
$2.01B
$2.37M 0.03%
+138,400
New +$2.16M
PAGP icon
78
Plains GP Holdings
PAGP
$5.21B
$2.17M 0.02%
+100,000
New +$2.21M
TCOM icon
79
Trip.com Group
TCOM
$29.6B
$1.86M 0.02%
40,000
– –
DVD
80
DELISTED
Dover Motorsports
DVD
$1.41M 0.02%
671,931
– –
DORM icon
81
Dorman Products
DORM
$3.98B
$1.32M 0.01%
+20,000
New +$1.42M
CI icon
82
Cigna
CI
$73.8B
– –
-1,000,000
Closed -$203M
CP icon
83
Canadian Pacific Kansas City
CP
$78.1B
– –
-800,000
Closed -$29.2M
HCA icon
84
HCA Healthcare
HCA
$87.2B
– –
-2,000,000
Closed -$176M
LNW
85
DELISTED
Light & Wonder
LNW
– –
-50,000
Closed -$2.56M
RAD
86
DELISTED
Rite Aid Corporation
RAD
– –
-225,000
Closed -$8.87M
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.