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Par Capital Management Inc Top Holdings and 13F Report (2025)

About Par Capital Management Inc

Investment Activity

  • Par Capital Management Inc has $3.07 billion in total holdings as of June 30, 2025.
  • Par Capital Management Inc owns shares of 53 different stocks, but just 10 companies or ETFs make up 80% of its holdings.
  • Approximately 6.86% of the portfolio was purchased this quarter.
  • About 16.35% of the portfolio was sold this quarter.
  • This quarter, Par Capital Management Inc has purchased 46 new stocks and bought additional shares in 26 stocks.
  • Par Capital Management Inc sold shares of 7 stocks and completely divested from 3 stocks this quarter.

Largest Holdings

Synchrony Financial
$500,550,000
United Airlines
$407,534,396
Expedia Group
$402,765,670
WEX
$271,908,079
Booking
$218,983,792

Largest New Holdings this Quarter

14575E105 - Cars.com
$14,220,000 Holding
02376R102 - American Airlines Group
$14,025,000 Holding
P31076105 - Copa
$5,828,410 Holding
064058100 - Bank of New York Mellon
$2,402,024 Holding
590479135 - Mesa Air Group
$2,090,817 Holding

Largest Purchases this Quarter

Hyatt Hotels
314,300 shares (about $43.89M)
Carvana
92,772 shares (about $31.26M)
Sabre
7,082,948 shares (about $22.38M)
Marriott International
57,000 shares (about $15.57M)
Cars.com
1,200,000 shares (about $14.22M)

Largest Sales this Quarter

CarGurus
2,474,165 shares (about $82.81M)
Avis Budget Group
431,770 shares (about $72.99M)
LATAM AIRLINES GROUP SA
302,500 shares (about $12.29M)
Ryanair
11,000 shares (about $634.37K)
Meta Platforms
710 shares (about $524.04K)

Sector Allocation Over Time

Map of 500 Largest Holdings ofPar Capital Management Inc

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
Synchrony Financial stock logo
SYF
Synchrony Financial
$500,550,0000.0%7,500,00016.3%Finance
United Airlines Holdings Inc stock logo
UAL
United Airlines
$407,534,396$14,078,584 3.6%5,117,85013.3%Transportation
Expedia Group, Inc. stock logo
EXPE
Expedia Group
$402,765,6700.0%2,387,75013.1%Retail/Wholesale
WEX Inc. stock logo
WEX
WEX
$271,908,079$88,134 0.0%1,851,1008.9%Business Services
Booking Holdings Inc. stock logo
BKNG
Booking
$218,983,792$549,978 0.3%37,8267.1%Retail/Wholesale
Southwest Airlines Co. stock logo
LUV
Southwest Airlines
$191,963,440$32,440 0.0%5,917,4926.3%Transportation
Delta Air Lines, Inc. stock logo
DAL
Delta Air Lines
$175,277,5200.0%3,564,0005.7%Transportation
Carvana Co. stock logo
CVNA
Carvana
$158,361,765$31,260,453 24.6%469,9725.2%Retail/Wholesale
The Charles Schwab Corporation stock logo
SCHW
Charles Schwab
$82,937,160$364,960 0.4%909,0002.7%Finance
Sabre Corporation stock logo
SABR
Sabre
$61,146,000$22,382,116 57.7%19,350,0002.0%Computer and Technology
Alaska Air Group, Inc. stock logo
ALK
Alaska Air Group
$55,383,063$2,163,562 4.1%1,119,3021.8%Transportation
Avis Budget Group, Inc. stock logo
CAR
Avis Budget Group
$54,096,000$72,990,719 -57.4%320,0001.8%Transportation
Hyatt Hotels Corporation stock logo
H
Hyatt Hotels
$51,846,599$43,891,995 551.8%371,2611.7%Consumer Discretionary
Webster Financial Corporation stock logo
WBS
Webster Financial
$40,950,000$2,730,000 7.1%750,0001.3%Finance
TripAdvisor, Inc. stock logo
TRIP
TripAdvisor
$37,798,9990.0%2,896,4751.2%Retail/Wholesale
SkyWest, Inc. stock logo
SKYW
SkyWest
$37,424,5490.0%363,4511.2%Transportation
Marriott International, Inc. stock logo
MAR
Marriott International
$37,183,881$15,572,970 72.1%136,1001.2%Consumer Discretionary
AvidXchange Holdings, Inc. stock logo
AVDX
AvidXchange
$32,307,0000.0%3,300,0001.1%Computer and Technology
Allegiant Travel Company stock logo
ALGT
Allegiant Travel
$32,145,530$3,218,202 11.1%584,9961.0%Transportation
Lyft, Inc. stock logo
LYFT
Lyft
$30,022,800$5,200,800 21.0%1,905,0001.0%Computer and Technology
JetBlue Airways Corporation stock logo
JBLU
JetBlue Airways
$23,211,808$11,906,900 105.3%5,487,4250.8%Transportation
Sun Country Airlines Holdings, Inc. stock logo
SNCY
Sun Country Airlines
$23,022,6210.0%1,959,3720.7%Transportation
Ryanair Holdings PLC stock logo
RYAAY
Ryanair
$19,896,150$634,370 -3.1%345,0000.6%Transportation
Hertz Global Holdings, Inc. stock logo
HTZ
Hertz Global
$15,649,968$8,816,068 129.0%2,291,3570.5%Transportation
Cars.com Inc. stock logo
CARS
Cars.com
$14,220,000$14,220,000 New Holding1,200,0000.5%Retail/Wholesale
American Airlines Group Inc. stock logo
AAL
American Airlines Group
$14,025,000$14,025,000 New Holding1,250,0000.5%Transportation
TRIVAGO N V
$13,484,796$33,553 0.2%3,576,8690.4%SPON ADS A SHS N
CarGurus, Inc. stock logo
CARG
CarGurus
$11,272,395$82,810,304 -88.0%336,7910.4%Auto/Tires/Trucks
Frontier Group Holdings, Inc. stock logo
ULCC
Frontier Group
$7,917,393$90,750 1.2%2,181,1000.3%Transportation
LATAM AIRLINES GROUP SA
$6,705,600$12,293,600 -64.7%165,0000.2%SPONSORED ADR
Global Business Travel Group, Inc. stock logo
GBTG
Global Business Travel Group
$6,451,288$1,746,889 37.1%1,024,0140.2%Computer and Technology
Alphabet Inc. stock logo
GOOG
Alphabet
$6,190,911$2,306,070 59.4%34,9000.2%Computer and Technology
Copa Holdings, S.A. stock logo
CPA
Copa
$5,828,410$5,828,410 New Holding53,0000.2%Transportation
MAPLEBEAR INC
$4,139,460$226,200 5.8%91,5000.1%COM
The Bank of New York Mellon Corporation stock logo
BK
Bank of New York Mellon
$2,402,024$2,402,024 New Holding26,3640.1%Finance
Wyndham Hotels & Resorts stock logo
WH
Wyndham Hotels & Resorts
$2,192,6700.0%27,0000.1%Consumer Discretionary
Mesa Air Group, Inc. stock logo
MESA
Mesa Air Group
$2,090,817$2,090,817 New Holding2,248,1900.1%Transportation
Citigroup Inc. stock logo
C
Citigroup
$1,702,400$851,200 100.0%20,0000.1%Financial Services
SoFi Technologies, Inc. stock logo
SOFI
SoFi Technologies
$1,502,325$1,502,325 New Holding82,5000.0%Finance
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$1,382,157$811,743 142.3%6,3000.0%Retail/Wholesale
Visa Inc. stock logo
V
Visa
$1,008,342$248,535 32.7%2,8400.0%Business Services
DOORDASH INC
$986,0400.0%4,0000.0%CL A
Grab Holdings Limited stock logo
GRAB
Grab
$809,830$221,320 37.6%161,0000.0%Computer and Technology
Bank of America Corporation stock logo
BAC
Bank of America
$790,244$66,248 9.2%16,7000.0%Finance
Pinterest, Inc. stock logo
PINS
Pinterest
$537,900$537,900 New Holding15,0000.0%Computer and Technology
Mastercard Incorporated stock logo
MA
Mastercard
$505,746$224,776 80.0%9000.0%Business Services
Flex Ltd. stock logo
FLEX
Flex
$494,7070.0%9,9100.0%Computer and Technology
Meta Platforms, Inc. stock logo
META
Meta Platforms
$487,139$524,043 -51.8%6600.0%Computer and Technology
Wayfair Inc. stock logo
W
Wayfair
$460,260$460,260 New Holding9,0000.0%Retail/Wholesale
SEI Investments Company stock logo
SEIC
SEI Investments
$314,510$359,440 -53.3%3,5000.0%Finance
Airbnb, Inc. stock logo
ABNB
Airbnb
$238,212$238,212 New Holding1,8000.0%Consumer Discretionary
Zillow Group, Inc. stock logo
Z
Zillow Group
$224,160$224,160 New Holding3,2000.0%Computer and Technology
Eventbrite, Inc. stock logo
EB
Eventbrite
$81,530$57,860 -41.5%31,0000.0%Computer and Technology
Uber Technologies, Inc. stock logo
UBER
Uber Technologies
$0$331,172,671 -100.0%00.0%Computer and Technology
Carnival Corporation stock logo
CCL
Carnival
$0$990,171 -100.0%00.0%Consumer Discretionary
Hilton Worldwide Holdings Inc. stock logo
HLT
Hilton Worldwide
$0$216,173 -100.0%00.0%Consumer Discretionary

Showing largest 100 holdings. View all holdings.
SEC Filings and Trading Data