PAR CAPITAL MANAGEMENT INC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| UBER TECHNOLOGIES INC(UBER) | 995,200 | 3,736,973 | +2,741,773 | 81,317,792 | 268,800,468 | 7.81% | +187,482,676 |
| BOOKING HOLDINGS INC(BKNG) | 24,487 | 42,573 | +18,086 | 131,135,966 | 179,245,953 | 5.21% | +48,109,987 |
| VISA INC(V) | 1,040 | 80,000 | +78,960 | 364,738 | 24,179,200 | 0.70% | +23,814,462 |
| ALLEGIANT TRAVEL CO(ALGT) | 624,081 | 846,191 | +222,110 | 53,215,387 | 68,575,319 | 1.99% | +15,359,932 |
| TRIPADVISOR INC(TRIP) | 2,180,564 | 4,072,054 | +1,891,490 | 31,749,012 | 43,408,096 | 1.26% | +11,659,084 |
| WEX INC(WEX) | 2,252,000 | 2,254,984 | +2,984 | 335,502,960 | 345,102,751 | 10.03% | +9,599,791 |
| REPUBLIC AWYS HLDGS INC(RJET) | 177,301 | 506,844 | +329,543 | 3,257,019 | 9,062,371 | 0.26% | +5,805,352 |
| AVIS BUDGET GROUP INC | 200,000 | 200,000 | 0 | 25,664,000 | 29,170,000 | 0.85% | +3,506,000 |
| GLOBAL BUSINESS TRAVEL GROUP(GBTG) | 883,244 | 1,686,634 | +803,390 | 6,756,817 | 9,411,418 | 0.27% | +2,654,601 |
| CITIZENS FINL GROUP INC(CFG) | 0 | 16,000 | +16,000 | 0 | 959,520 | 0.03% | +959,520 |
| MAPLEBEAR INC(CART) | 0 | 20,336 | +20,336 | 0 | 761,787 | 0.02% | +761,787 |
| TRUIST FINL CORP(TFC) | 0 | 15,000 | +15,000 | 0 | 689,550 | 0.02% | +689,550 |
| PINTEREST INC(PINS) | 0 | 31,825 | +31,825 | 0 | 583,671 | 0.02% | +583,671 |
| SNAP INC(SNAP) | 0 | 110,693 | +110,693 | 0 | 509,188 | 0.01% | +509,188 |
| TRIP COM GROUP LTD(TCOM) | 4,500 | 13,523 | +9,023 | 323,595 | 673,310 | 0.02% | +349,715 |
| NEXTPOWER INC | 0 | 1,726 | +1,726 | 0 | 208,069 | 0.01% | +208,069 |
| CITIGROUP INC(C) | 10,000 | 10,000 | 0 | 1,166,900 | 1,134,100 | 0.03% | -32,800 |
| CITIGROUP INC(C)(Put) | 10,000 | 10,000 | 0 | 1,166,900 | 1,134,100 | — | -32,800 |
| DELTA AIR LINES INC(DAL)(Put) | 18,000 | 18,000 | 0 | 1,249,200 | 1,196,640 | — | -52,560 |
| TRIVAGO N V | 3,970,806 | 4,193,114 | +222,308 | 11,515,337 | 11,363,339 | 0.33% | -151,998 |
| SUN CTRY AIRLS HLDGS INC(Put) | 18,000 | 0 | -18,000 | 259,020 | 0 | — | -259,020 |
| DOCUSIGN INC(DOCU) | 5,300 | 0 | -5,300 | 362,520 | 0 | — | -362,520 |
| META PLATFORMS INC(META) | 700 | 0 | -700 | 462,063 | 0 | — | -462,063 |
| MASTERCARD INCORPORATED(MA) | 900 | 0 | -900 | 513,792 | 0 | — | -513,792 |
| DOORDASH INC(DASH)(Put) | 2,400 | 0 | -2,400 | 543,552 | 0 | — | -543,552 |
| ZOOM COMMUNICATIONS INC(ZM) | 11,900 | 6,000 | -5,900 | 1,026,851 | 482,340 | 0.01% | -544,511 |
| JETBLUE AIRWAYS CORP(JBLU) | 4,457,425 | 4,457,425 | 0 | 20,281,284 | 19,701,819 | 0.57% | -579,465 |
| HERTZ GLOBAL HLDGS INC(HTZ) | 1,400,000 | 1,400,000 | 0 | 7,196,000 | 6,454,000 | 0.19% | -742,000 |
| KLAVIYO INC(KVYO) | 23,000 | 0 | -23,000 | 746,810 | 0 | — | -746,810 |
| LATAM AIRLINES GROUP SA(LTM) | 165,000 | 165,000 | 0 | 8,911,650 | 8,157,600 | 0.24% | -754,050 |
| TESLA INC(TSLA) | 1,700 | 0 | -1,700 | 764,524 | 0 | — | -764,524 |
| DOORDASH INC(DASH) | 3,500 | 0 | -3,500 | 792,680 | 0 | — | -792,680 |
| ALPHABET INC(GOOG)(Put) | 33,600 | 33,600 | 0 | 10,543,680 | 9,638,496 | — | -905,184 |
| BANK AMERICA CORP | 18,500 | 0 | -18,500 | 1,017,500 | 0 | — | -1,017,500 |
| COPA HOLDINGS SA(CPA) | 157,197 | 157,197 | 0 | 18,959,530 | 17,859,151 | 0.52% | -1,100,379 |
| ALPHABET INC(GOOG) | 36,700 | 35,600 | -1,100 | 11,516,460 | 10,212,216 | 0.30% | -1,304,244 |
| AMAZON COM INC(AMZN) | 6,300 | 0 | -6,300 | 1,454,166 | 0 | — | -1,454,166 |
| BILL HOLDINGS INC | 325,000 | 400,000 | +75,000 | 17,725,500 | 15,320,000 | 0.45% | -2,405,500 |
| FRONTIER GROUP HLDGS INC(ULCC) | 2,156,100 | 2,131,100 | -25,000 | 10,155,231 | 7,522,783 | 0.22% | -2,632,448 |
| SKYWEST INC(SKYW) | 359,881 | 357,923 | -1,958 | 36,135,651 | 32,868,069 | 0.96% | -3,267,582 |
| SUN CTRY AIRLS HLDGS INC | 2,000,000 | 1,467,800 | -532,200 | 28,780,000 | 24,248,056 | 0.70% | -4,531,944 |
| AIRBNB INC | 729,900 | 747,500 | +17,600 | 99,062,028 | 94,394,300 | 2.74% | -4,667,728 |
| RYANAIR HOLDINGS PLC(RYAAY) | 345,000 | 345,000 | 0 | 24,905,550 | 19,941,000 | 0.58% | -4,964,550 |
| HYATT HOTELS CORP(H) | 338,800 | 338,500 | -300 | 54,316,416 | 48,672,915 | 1.42% | -5,643,501 |
| AMERICAN AIRLINES GROUP INC(AAL) | 1,250,000 | 1,250,000 | 0 | 19,162,500 | 13,425,000 | 0.39% | -5,737,500 |
| SOUTHWEST AIRLS CO(LUV) | 4,950,192 | 5,219,192 | +269,000 | 204,591,435 | 196,085,043 | 5.70% | -8,506,392 |
| MARRIOTT INTL INC NEW(MAR) | 134,900 | 90,000 | -44,900 | 41,851,376 | 29,436,300 | 0.86% | -12,415,076 |
| CARGURUS INC(CARG) | 348,098 | 10,376 | -337,722 | 13,349,558 | 353,303 | 0.01% | -12,996,255 |
| DELTA AIR LINES INC(DAL) | 3,574,210 | 3,514,445 | -59,765 | 248,050,174 | 233,640,304 | 6.79% | -14,409,870 |
| LYFT INC(LYFT) | 3,140,000 | 3,130,000 | -10,000 | 60,821,800 | 41,629,000 | 1.21% | -19,192,800 |
| ALASKA AIR GROUP INC | 1,581,500 | 1,581,500 | 0 | 79,549,450 | 58,167,570 | 1.69% | -21,381,880 |
| GRUPO AEROMEXICO SAB DE CV(AERO) | 13,850,410 | 0 | -13,850,410 | 30,415,500 | 0 | — | -30,415,500 |
| CARS COM INC | 2,697,648 | 246,299 | -2,451,349 | 32,911,306 | 1,999,948 | 0.06% | -30,911,358 |
| CARVANA CO(CVNA) | 350,672 | 347,872 | -2,800 | 147,990,597 | 109,363,999 | 3.18% | -38,626,598 |
| WEBSTER FINL CORP(WBS) | 755,500 | 50,000 | -705,500 | 47,551,170 | 3,471,000 | 0.10% | -44,080,170 |
| SCHWAB CHARLES CORP(SCHW) | 912,000 | 253,300 | -658,700 | 91,117,920 | 23,805,134 | 0.69% | -67,312,786 |
| UNITED AIRLS HLDGS INC(UAL) | 4,894,850 | 4,996,850 | +102,000 | 547,342,127 | 460,059,980 | 13.38% | -87,282,147 |
| EXPEDIA GROUP INC(EXPE) | 1,948,446 | 1,952,120 | +3,674 | 552,014,236 | 450,724,987 | 13.10% | -101,289,249 |
| SYNCHRONY FINANCIAL(SYF) | 7,500,000 | 7,612,137 | +112,137 | 625,725,000 | 517,777,559 | 15.05% | -107,947,441 |