Par Capital Management Q4 2019

Par Capital Management holdings Q4 2019
Name ValueChangeSharesChangeWeightingChange
UNITED AIRLINES HLDGS INC$1,241,751
-0.01%
14,096,389
0.36%
24.16%
12.37%
EXPEDIA GROUP INC$854,134
-33.35%
7,898,413
-17.16%
16.62%
-25.10%
BOOKING HLDGS INC$324,210
4.64%
157,8640.00%6.31%
17.60%
DAVITA INC$312,050
31.47%
4,159,0000.00%6.07%
47.74%
ALLEGIANT TRAVEL CO$282,484
16.15%
1,623,100
-0.12%
5.50%
30.53%
DELTA AIR LINES INC DEL$233,920
-52.22%
4,000,000
-52.94%
4.55%
-46.31%
ALASKA AIR GROUP INC$183,603
4.38%
2,710,0000.00%3.57%
17.29%
JETBLUE AWYS CORP$164,334
-1.68%
8,778,547
-12.03%
3.20%
10.49%
WEX INC$151,859
3.66%
725,0000.00%2.95%
16.49%
HERTZ GLOBAL HLDGS INC$142,366
28.99%
9,039,094
13.35%
2.77%
44.96%
CHURCHILL DOWNS INC$137,200
-48.45%
1,000,000
-53.62%
2.67%
-42.07%
GROUPON INC$134,702
-10.60%
56,360,500
-0.50%
2.62%
0.46%
TRIPADVISOR INC$102,655
15.19%
3,379,017
46.66%
2.00%
29.45%
AMERICAN AIRLS GROUP INCNew $102,1053,560,1341.99%
SYNCHRONY FINL$100,648
5.63%
2,795,0000.00%1.96%
18.71%
VISA INC$84,555
9.24%
450,0000.00%1.65%
22.76%
FACEBOOK INCcl a$73,336
15.10%
357,300
-0.14%
1.43%
29.34%
TRIVAGO N V$55,098
-36.25%
21,029,7960.00%1.07%
-28.36%
BOYD GAMING CORP$49,350
-15.00%
1,648,293
-32.01%
0.96%
-4.48%
TRUECAR INC$48,923
39.71%
10,299,5040.00%0.95%
57.00%
TWIN RIV WORLDWIDE HLDGS INC$48,878
32.36%
1,905,580
17.81%
0.95%
48.75%
PENNYMAC FINL SVCS INC$32,164
11.44%
944,900
-0.54%
0.63%
25.24%
PURECYCLE CORP$31,890
-48.15%
2,532,970
-57.66%
0.62%
-41.73%
CARVANA COcl a$31,757
39.47%
345,0000.00%0.62%
56.73%
SKYWEST INC$29,658
12.60%
458,8840.00%0.58%
26.53%
RED ROCK RESORTS INCcl a$27,585
-23.30%
1,151,770
-34.97%
0.54%
-13.81%
SPIRIT AIRLS INCNew $20,566510,2000.40%
INTERNATIONAL GAME TECHNOLOG$20,379
-32.76%
1,361,347
-36.17%
0.40%
-24.43%
QUINSTREET INC$18,006
-19.09%
1,176,100
-33.47%
0.35%
-9.08%
CONTROLADORA VUELA CIA DE AVspon adr rp 10$15,275
4.10%
1,465,8860.00%0.30%
16.98%
PENN NATL GAMING INC$15,114
407.18%
591,300
269.56%
0.29%
469.96%
BONANZA CREEK ENERGY INC$14,044
4.25%
601,7140.00%0.27%
17.15%
SELECT MED HLDGS CORP$13,250
40.85%
567,7080.00%0.26%
58.29%
LENDINGTREE INC NEW$8,011
-2.25%
26,4000.00%0.16%
9.85%
AVIS BUDGET GROUP INC$7,254
14.07%
225,0000.00%0.14%
28.19%
GREENSKY INCcl a$6,230
11.97%
700,000
-13.89%
0.12%
25.83%
EVERQUOTE INC$4,294
60.94%
125,0000.00%0.08%
80.87%
CHEGG INC$3,791
153.07%
100,000
100.00%
0.07%
184.39%
REALOGY HLDGS CORP$3,388
44.91%
350,0000.00%0.07%
62.85%
ANTERO MIDSTREAM CORPNew $2,657350,0000.05%
DESPEGAR COM CORP$2,474
19.06%
183,5260.00%0.05%
33.79%
MAKEMYTRIP LIMITED MAURITIUS$2,317
0.91%
101,2000.00%0.05%
13.41%
DOVER MOTORSPORTS INC$1,097
-6.08%
590,0000.00%0.02%
5.55%
EHEALTH INCSold $0-531,142-0.61%
ANTHEM INCSold $0-20,000-0.08%
AVIS BUDGET GROUP INC (PUT)Sold $0-4,547-0.22%
FLEX LTDordSold $0-9,910-0.00%
MGM RESORTS INTERNATIONALSold $0-70,000-0.03%
ZIX CORPSold $0-71,900-0.01%
ISHARES TR (PUT)russell 2000 etfSold $0-200-0.06%
STARS GROUP INCSold $0-454,100-0.12%
GRUBHUB INCSold $0-350,000-0.34%
AMERISOURCEBERGEN CORPSold $0-75,000-0.11%
WEBSTER FINL CORP CONNSold $0-210,100-0.17%
HERTZ GLOBAL HLDGS INC (CALL)Sold $0-8,000-0.20%
Portfolio Information
QuarterQ4 2019
Total value$5,139,362,000
Holdings43
Managers
Paul Reeder
Edward Shapiro
Quarters
2019-12-31
$5,139,362
2019-09-30
$5,775,488
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