Par Capital Management Q1 2020

Par Capital Management holdings Q1 2020
Name ValueChangeSharesChangeWeightingChange
BOOKING HLDGS INC$432,445
33.38%
321,444
103.62%
18.36%
191.05%
DAVITA INC$316,334
1.37%
4,159,0000.00%13.43%
121.20%
UNITED AIRLS HLDGS INC$248,481
-79.99%
7,875,791
-44.13%
10.55%
-56.34%
EXPEDIA GROUP INC$222,415
-73.96%
3,952,639
-49.96%
9.44%
-43.18%
ALLEGIANT TRAVEL CO$130,024
-53.97%
1,589,541
-2.07%
5.52%
0.44%
DELTA AIR LINES INC DEL$115,076
-50.81%
4,033,500
0.84%
4.89%
7.34%
CHURCHILL DOWNS INC$108,098
-21.21%
1,050,000
5.00%
4.59%
71.92%
WEX INC$83,640
-44.92%
800,000
10.34%
3.55%
20.18%
SYNCHRONY FINL$80,450
-20.07%
5,000,000
78.89%
3.42%
74.41%
VISA INC$72,504
-14.25%
450,0000.00%3.08%
87.10%
TRIPADVISOR INC$58,761
-42.76%
3,379,0170.00%2.49%
24.90%
JETBLUE AWYS CORP$57,983
-64.72%
6,478,547
-26.20%
2.46%
-23.01%
ALASKA AIR GROUP INC$54,530
-70.30%
1,915,361
-29.32%
2.32%
-35.19%
TWIN RIV WORLDWIDE HLDGS INC$35,566
-27.24%
2,733,780
43.46%
1.51%
58.77%
TRIVAGO N V$30,704
-44.27%
21,029,7960.00%1.30%
21.60%
BOYD GAMING CORP$27,462
-44.35%
1,904,465
15.54%
1.17%
21.42%
TRUECAR INC$24,925
-49.05%
10,299,5040.00%1.06%
11.17%
SCHWAB CHARLES CORPNew $23,534700,0001.00%
PURECYCLE CORP$21,853
-31.47%
1,959,926
-22.62%
0.93%
49.53%
GROUPON INC$21,384
-84.12%
21,815,500
-61.29%
0.91%
-65.36%
SPIRIT AIRLS INC$21,139
2.79%
1,639,921
221.43%
0.90%
124.28%
PENNYMAC FINL SVCS INC$20,892
-35.05%
944,9000.00%0.89%
41.73%
CARVANA COcl a$20,306
-36.06%
368,588
6.84%
0.86%
39.52%
RED ROCK RESORTS INCcl a$16,777
-39.18%
1,962,235
70.37%
0.71%
32.71%
CARVANA CO (CALL)cl aNew $16,6213,0170.71%
GAMING & LEISURE PPTYS INCNew $14,093508,6000.60%
AMERICAN AIRLS GROUP INC$14,019
-86.27%
1,150,000
-67.70%
0.60%
-70.04%
SOUTHWEST AIRLS CO (PUT)New $9,3983,5000.40%
SELECT MED HLDGS CORP$8,516
-35.73%
567,7080.00%0.36%
40.24%
SKYWEST INC$8,063
-72.81%
307,884
-32.91%
0.34%
-40.68%
LENDINGTREE INC NEW$4,841
-39.57%
26,4000.00%0.21%
31.86%
RYMAN HOSPITALITY PPTYS INCNew $4,643129,5120.20%
HERTZ GLOBAL HLDGS INC (CALL)New $4,3267,0000.18%
CHEGG INC$3,578
-5.62%
100,0000.00%0.15%
105.94%
PENN NATL GAMING INC$3,495
-76.88%
276,300
-53.27%
0.15%
-49.54%
EVERQUOTE INC$3,281
-23.59%
125,0000.00%0.14%
66.73%
CONTROLADORA VUELA CIA DE AVspon adr rp 10$3,259
-78.66%
950,000
-35.19%
0.14%
-53.45%
PLAINS GP HLDGS L Pltd partnr int aNew $2,356420,0000.10%
MAKEMYTRIP LIMITED MAURITIUS$1,570
-32.24%
131,288
29.73%
0.07%
47.85%
GREENSKY INCcl a$1,333
-78.60%
349,000
-50.14%
0.06%
-53.31%
SOUTHWEST AIRLS CONew $1,10431,0000.05%
MELCO RESORTS AND ENTMNT LTDadrNew $1,05485,0000.04%
DESPEGAR COM CORP$1,041
-57.92%
183,5260.00%0.04%
-8.19%
SEI INVESTMENTS CONew $74015,9650.03%
DOVER MOTORSPORTS INC$738
-32.73%
590,0000.00%0.03%
46.79%
LYFT INC (CALL)New $7122000.03%
TRIP COM GROUP LTDadsNew $46920,0000.02%
UNITED AIRLS HLDGS INC (PUT)New $4261350.02%
ZIX CORPNew $31071,9000.01%
ANTERO MIDSTREAM CORP$48
-98.19%
22,950
-93.44%
0.00%
-96.06%
INTERNATIONAL GAME TECHNOLOGSold $0-1,361,347-0.40%
HERTZ GLOBAL HLDGS INCSold $0-9,039,094-2.77%
FACEBOOK INCcl aSold $0-357,300-1.43%
REALOGY HLDGS CORPSold $0-350,000-0.07%
BONANZA CREEK ENERGY INCSold $0-601,714-0.27%
AVIS BUDGET GROUP INCSold $0-225,000-0.14%
QUINSTREET INCSold $0-1,176,100-0.35%
Portfolio Information
QuarterQ1 2020
Total value$2,355,317,000
Holdings50
Managers
Paul Reeder
Edward Shapiro
Quarters
2020-03-31
$2,355,317
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