Q1 2025 · 13F-HR
PAR CAPITAL MANAGEMENT INCholdings as filed
Filed 2025-05-15 · accession 0001051359-25-000005
$2.99B
Reported value
49
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 30212P303 | EXPE | EXPEDIA GROUP INC | $401.4M | 13.4% | 2,387,750 | Common | SOLE |
| 87165B103 | SYF | SYNCHRONY FINANCIAL | $397.1M | 13.3% | 7,500,000 | Common | SOLE |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $334.3M | 11.2% | 4,841,050 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $330.0M | 11.0% | 4,529,829 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $290.6M | 9.72% | 1,850,500 | Common | SOLE |
| 844741108 | LUV | SOUTHWEST AIRLS CO | $198.7M | 6.64% | 5,916,492 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $173.8M | 5.81% | 37,731 | Common | SOLE |
| 247361702 | DAL | DELTA AIR LINES INC DEL | $155.4M | 5.20% | 3,564,000 | Common | SOLE |
| 141788109 | CARG | CARGURUS INC | $81.9M | 2.74% | 2,810,956 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $78.9M | 2.64% | 377,200 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $70.8M | 2.37% | 905,000 | Common | SOLE |
| 053774105 | CAR | AVIS BUDGET GROUP | $57.1M | 1.91% | 751,770 | Common | SOLE |
| 011659109 | ALK | ALASKA AIR GROUP INC | $52.9M | 1.77% | 1,075,576 | Common | SOLE |
| 896945201 | TRIP | TRIPADVISOR INC | $41.0M | 1.37% | 2,896,475 | Common | SOLE |
| 947890109 | WBS | WEBSTER FINL CORP | $36.1M | 1.21% | 700,000 | Common | SOLE |
| 78573M104 | SABR | SABRE CORP | $34.5M | 1.15% | 12,267,052 | Common | SOLE |
| 830879102 | SKYW | SKYWEST INC | $31.8M | 1.06% | 363,451 | Common | SOLE |
| 05368X102 | AVDX | AVIDXCHANGE HOLDINGS INC | $28.0M | 0.94% | 3,300,000 | Common | SOLE |
| 01748X102 | ALGT | ALLEGIANT TRAVEL CO | $27.2M | 0.91% | 526,430 | Common | SOLE |
| 866683105 | SNCY | SUN CTRY AIRLS HLDGS INC | $24.1M | 0.81% | 1,959,372 | Common | SOLE |
| 571903202 | MAR | MARRIOTT INTL INC NEW | $18.8M | 0.63% | 79,100 | Common | SOLE |
| 55087P104 | LYFT | LYFT INC | $18.7M | 0.63% | 1,575,000 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $15.1M | 0.50% | 356,000 | Common | SOLE |
| 89686D303 | TRVG | TRIVAGO N V | $14.6M | 0.49% | 3,567,969 | Common | SOLE |
| 51817R205 | LTM | LATAM AIRLINES GROUP SA | $14.6M | 0.49% | 467,500 | Common | SOLE |
| 477143101 | JBLU | JETBLUE AWYS CORP | $12.9M | 0.43% | 2,672,555 | Common | SOLE |
| 35909R108 | ULCC | FRONTIER GROUP HLDGS INC | $9.4M | 0.31% | 2,156,100 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP | $7.0M | 0.23% | 56,961 | Common | SOLE |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $6.9M | 0.23% | 100,000 | PUT | SOLE |
| 37890B100 | GBTG | GLOBAL BUSINESS TRAVEL GROUP | $5.4M | 0.18% | 746,730 | Common | SOLE |
| 42806J700 | HTZ | HERTZ GLOBAL HLDGS INC | $3.9M | 0.13% | 1,000,571 | Common | SOLE |
| 565394103 | CART | MAPLEBEAR INC | $3.5M | 0.12% | 86,500 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $3.4M | 0.11% | 21,900 | Common | SOLE |
| 98311A105 | WH | WYNDHAM HOTELS & RESORTS INC | $2.4M | 0.08% | 27,000 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $1.1M | 0.04% | 15,500 | PUT | SOLE |
| 30303M102 | META | META PLATFORMS INC | $789,613 | 0.03% | 1,370 | Common | SOLE |
| 92826C839 | V | VISA INC | $749,984 | 0.03% | 2,140 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $731,080 | 0.02% | 4,000 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $709,900 | 0.02% | 10,000 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $638,469 | 0.02% | 15,300 | Common | SOLE |
| 784117103 | SEIC | SEI INVTS CO | $582,225 | 0.02% | 7,500 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $531,216 | 0.02% | 27,200 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $530,010 | 0.02% | 117,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $494,676 | 0.02% | 2,600 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $458,955 | 0.02% | 23,500 | PUT | SOLE |
| Y2573F102 | FLEX | FLEX LTD | $327,823 | 0.01% | 9,910 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $274,060 | 0.01% | 500 | Common | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $216,173 | 0.01% | 950 | Common | SOLE |
| 29975E109 | EB4 | EVENTBRITE INC | $111,830 | 0.00% | 53,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.