Par Capital Management Q2 2019

Par Capital Management holdings Q2 2019
Name ValueChangeSharesChangeWeightingChange
UNITED CONTL HLDGS INC$1,318,825
5.84%
15,063,683
-3.56%
22.09%
-4.47%
EXPEDIA GROUP INC$1,265,066
33.48%
9,509,627
19.40%
21.19%
20.48%
DELTA AIR LINES INC DEL$561,325
-9.93%
9,891,190
-18.02%
9.40%
-18.70%
BOOKING HLDGS INC$295,949
2.26%
157,864
-4.82%
4.96%
-7.70%
CHURCHILL DOWNS INC$248,085
27.49%
2,155,9510.00%4.16%
15.07%
DAVITA INC$233,985
45.72%
4,159,000
40.62%
3.92%
31.53%
ALLEGIANT TRAVEL CO$233,188
10.84%
1,625,0000.00%3.91%
0.04%
GROUPON INC$202,789
4.54%
56,645,000
3.66%
3.40%
-5.64%
ALASKA AIR GROUP INC$173,196
13.88%
2,710,0000.00%2.90%
2.79%
JETBLUE AWYS CORP$162,316
13.02%
8,778,6000.00%2.72%
2.01%
WEX INC$150,873
8.39%
725,0000.00%2.53%
-2.16%
TRIPADVISOR INC$106,653
-10.03%
2,304,0170.00%1.79%
-18.79%
HERTZ GLOBAL HLDGS INC$93,982
-8.12%
5,888,5760.00%1.57%
-17.07%
SYNCHRONY FINL$91,876
20.01%
2,650,000
10.42%
1.54%
8.32%
TRIVAGO N V$87,037
49.74%
20,673,796
53.65%
1.46%
35.16%
VISA INC$78,098
11.11%
450,0000.00%1.31%
0.29%
FACEBOOK INCcl a$69,055
15.78%
357,8000.00%1.16%
4.51%
BOYD GAMING CORP$63,557
5.87%
2,359,195
7.52%
1.06%
-4.44%
PURECYCLE CORP$63,419
7.50%
5,982,9700.00%1.06%
-2.97%
TRUECAR INC$56,235
-13.73%
10,299,504
4.92%
0.94%
-22.13%
EHEALTH INC$45,731
38.11%
531,1420.00%0.77%
24.66%
TWIN RIV WORLDWIDE HLDGS INC$43,650
1.76%
1,467,232
2.44%
0.73%
-8.15%
RED ROCK RESORTS INCcl a$35,362
-13.39%
1,646,257
4.23%
0.59%
-21.82%
QUINSTREET INC$28,018
18.37%
1,767,6970.00%0.47%
6.85%
SKYWEST INC$27,840
11.75%
458,8840.00%0.47%
0.87%
GRUBHUB INCNew $27,297350,0000.46%
INTERNATIONAL GAME TECHNOLOG$26,754
0.83%
2,062,747
0.98%
0.45%
-8.99%
CARVANA COcl a$21,594
7.80%
345,0000.00%0.36%
-2.70%
PENNYMAC FINL SVCS INC$21,071
25.27%
950,000
25.61%
0.35%
13.07%
BONANZA CREEK ENERGY INC$19,732
1.88%
945,014
10.71%
0.33%
-8.04%
CONTROLADORA VUELA CIA DE AVspon adr rp 10$12,737
43.52%
1,357,889
30.36%
0.21%
29.54%
LENDINGTREE INC NEW$11,089
19.48%
26,4000.00%0.19%
7.84%
WEBSTER FINL CORP CONN$10,036
-5.73%
210,1000.00%0.17%
-14.91%
SELECT MED HLDGS CORP$9,010
12.64%
567,7080.00%0.15%
1.67%
GREENSKY INCcl a$8,891
52.69%
723,400
60.76%
0.15%
37.82%
STARS GROUP INC$8,605
-11.31%
504,100
-9.02%
0.14%
-19.94%
AVIS BUDGET GROUP INC$7,911
0.85%
225,0000.00%0.13%
-8.97%
ZILLOW GROUP INCcl c cap stkNew $7,190155,0000.12%
SEMGROUP CORPcl a$6,453
-21.52%
537,779
-3.59%
0.11%
-29.16%
AMERISOURCEBERGEN CORP$6,395
7.23%
75,0000.00%0.11%
-3.22%
ANTHEM INC$5,644
-1.67%
20,0000.00%0.09%
-11.25%
HERTZ GLOBAL HLDGS INC (CALL)New $4,7883,0000.08%
TEMPUR SEALY INTL INC$3,669
-79.80%
50,000
-84.12%
0.06%
-81.76%
ISHARES TR (PUT)russell 2000 etfNew $3,1102000.05%
DESPEGAR COM CORP$2,549
-6.80%
183,5260.00%0.04%
-15.88%
REALOGY HLDGS CORPNew $2,534350,0000.04%
MAKEMYTRIP LIMITED MAURITIUS$2,510
-10.13%
101,2000.00%0.04%
-18.88%
EVERQUOTE INC$1,625
-11.30%
125,000
-49.25%
0.03%
-19.94%
PENN NATL GAMING INCNew $1,44575,0000.02%
DOVER MOTORSPORTS INC$1,227
2.94%
590,0000.00%0.02%
-7.09%
ZIX CORP$654
32.12%
71,9000.00%0.01%
19.25%
FLEX LTDord$95
-4.04%
9,9100.00%0.00%
-13.39%
GLOBAL EAGLE ENTMT INCSold $0-28,981,072-0.38%
CAESARS ENTMT CORPSold $0-3,603,967-0.58%
CIGNA CORP NEWSold $0-70,000-0.21%
Portfolio Information
QuarterQ2 2019
Total value$5,970,725,000
Holdings52
Managers
Paul Reeder
Edward Shapiro
Quarters
2019-06-30
$5,970,725
2019-03-31
$5,389,260
2018-12-31
$5,980,371
2018-09-30
$8,712,384
2018-06-30
$8,889,204
2018-03-31
$9,107,444
2017-12-31
$8,946,298
2017-09-30
$8,801,640
2017-06-30
$8,903,195
2017-03-31
$8,227,237
2016-12-31
$7,649,246
2016-09-30
$6,924,907
2016-06-30
$6,025,994
2016-03-31
$6,240,471
2015-12-31
$5,434,983
2015-09-30
$4,742,625
2015-06-30
$4,421,842
2015-03-31
$4,336,401
2014-12-31
$4,330,333
2014-09-30
$3,748,805
2014-06-30
$3,624,238
2014-03-31
$3,308,514
2013-12-31
$3,006,624
2013-09-30
$3,256,398
2013-06-30
$3,560,766
SEC Filings