Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q1 2025 ▲▼ | Q2 2025 ▲▼ | Change ▲▼ | Q1 2025 ▲▼ | Q2 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| SYNCHRONY FINANCIAL(SYF) | 7,500,000 | 7,500,000 | 0 | 397,050 | 500,550 | 16.30% | +103,500 |
| CARVANA CO(CVNA) | 377,200 | 467,172 | +89,972 | 78,865 | 157,418 | 5.13% | +78,553 |
| UNITED AIRLS HLDGS INC(UAL) | 4,841,050 | 4,968,850 | +127,800 | 334,275 | 395,670 | 12.88% | +61,395 |
| BOOKING HOLDINGS INC(BKNG) | 37,731 | 37,826 | +95 | 173,823 | 218,984 | 7.13% | +45,160 |
| HYATT HOTELS CORP(H) | 56,961 | 371,261 | +314,300 | 6,978 | 51,847 | 1.69% | +44,869 |
| SABRE CORP | 12,267,052 | 19,350,000 | +7,082,948 | 34,470 | 61,146 | 1.99% | +26,676 |
| DELTA AIR LINES INC DEL(DAL) | 3,564,000 | 3,564,000 | 0 | 155,390 | 175,278 | 5.71% | +19,887 |
| MARRIOTT INTL INC NEW(MAR) | 79,100 | 136,100 | +57,000 | 18,842 | 37,184 | 1.21% | +18,342 |
| CARS COM INC | 0 | 1,200,000 | +1,200,000 | 0 | 14,220 | 0.46% | +14,220 |
| AMERICAN AIRLS GROUP INC(AAL) | 0 | 1,250,000 | +1,250,000 | 0 | 14,025 | 0.46% | +14,025 |
| SCHWAB CHARLES CORP(SCHW) | 905,000 | 909,000 | +4,000 | 70,843 | 82,937 | 2.70% | +12,094 |
| HERTZ GLOBAL HLDGS INC | 1,000,571 | 2,291,357 | +1,290,786 | 3,942 | 15,650 | 0.51% | +11,708 |
| LYFT INC(LYFT) | 1,575,000 | 1,905,000 | +330,000 | 18,695 | 30,023 | 0.98% | +11,328 |
| JETBLUE AWYS CORP(JBLU) | 2,672,555 | 5,487,425 | +2,814,870 | 12,882 | 23,212 | 0.76% | +10,330 |
| COPA HOLDINGS SA(CPA) | 0 | 53,000 | +53,000 | 0 | 5,828 | 0.19% | +5,828 |
| SKYWEST INC(SKYW) | 363,451 | 363,451 | 0 | 31,755 | 37,425 | 1.22% | +5,670 |
| UNITED AIRLS HLDGS INC(UAL)(Put) | 100,000 | 149,000 | +49,000 | 6,905 | 11,865 | — | +4,960 |
| ALLEGIANT TRAVEL CO(ALGT) | 526,430 | 584,996 | +58,566 | 27,190 | 32,146 | 1.05% | +4,955 |
| WEBSTER FINL CORP(WBS) | 700,000 | 750,000 | +50,000 | 36,085 | 40,950 | 1.33% | +4,865 |
| RYANAIR HOLDINGS PLC(RYAAY) | 356,000 | 345,000 | -11,000 | 15,084 | 19,896 | 0.65% | +4,812 |
| AVIDXCHANGE HOLDINGS INC | 3,300,000 | 3,300,000 | 0 | 27,984 | 32,307 | 1.05% | +4,323 |
| ALPHABET INC(GOOG) | 21,900 | 34,900 | +13,000 | 3,421 | 6,191 | 0.20% | +2,769 |
| ALASKA AIR GROUP INC | 1,075,576 | 1,119,302 | +43,726 | 52,940 | 55,383 | 1.80% | +2,443 |
| BANK NEW YORK MELLON CORP | 0 | 26,364 | +26,364 | 0 | 2,402 | 0.08% | +2,402 |
| MESA AIR GROUP INC | 0 | 2,248,190 | +2,248,190 | 0 | 2,091 | 0.07% | +2,091 |
| EXPEDIA GROUP INC(EXPE) | 2,387,750 | 2,387,750 | 0 | 401,381 | 402,766 | 13.12% | +1,385 |
| GLOBAL BUSINESS TRAVEL GROUP(GBTG) | 746,730 | 1,024,014 | +277,284 | 5,421 | 6,451 | 0.21% | +1,030 |
| SOFI TECHNOLOGIES INC(SOFI) | 0 | 55,000 | +55,000 | 0 | 1,002 | 0.03% | +1,002 |
| CARVANA CO(CVNA)(Put) | 0 | 2,800 | +2,800 | 0 | 943 | — | +943 |
| AMAZON COM INC(AMZN) | 2,600 | 6,300 | +3,700 | 495 | 1,382 | 0.05% | +887 |
| CITIGROUP INC(C)(Put) | 0 | 10,000 | +10,000 | 0 | 851 | — | +851 |
| MAPLEBEAR INC(CART) | 86,500 | 91,500 | +5,000 | 3,450 | 4,139 | 0.13% | +689 |
| PINTEREST INC(PINS) | 0 | 15,000 | +15,000 | 0 | 538 | 0.02% | +538 |
| SOFI TECHNOLOGIES INC(SOFI)(Put) | 0 | 27,500 | +27,500 | 0 | 501 | — | +501 |
| WAYFAIR INC(W) | 0 | 9,000 | +9,000 | 0 | 460 | 0.01% | +460 |
| GRAB HOLDINGS LIMITED CLASS A ORD | 117,000 | 161,000 | +44,000 | 530 | 810 | 0.03% | +280 |
| VISA INC(V) | 2,140 | 2,840 | +700 | 750 | 1,008 | 0.03% | +258 |
| DOORDASH INC(DASH) | 4,000 | 4,000 | 0 | 731 | 986 | 0.03% | +255 |
| AIRBNB INC | 0 | 1,800 | +1,800 | 0 | 238 | 0.01% | +238 |
| MASTERCARD INCORPORATED(MA) | 500 | 900 | +400 | 274 | 506 | 0.02% | +232 |
| ZILLOW GROUP INC(Z) | 0 | 3,200 | +3,200 | 0 | 224 | 0.01% | +224 |
| FLEX LTD(FLEX) | 9,910 | 9,910 | 0 | 328 | 495 | 0.02% | +167 |
| BANK AMERICA CORP | 15,300 | 16,700 | +1,400 | 638 | 790 | 0.03% | +152 |
| CITIGROUP INC(C) | 10,000 | 10,000 | 0 | 710 | 851 | 0.03% | +141 |
| EVENTBRITE INC | 53,000 | 31,000 | -22,000 | 112 | 82 | 0.00% | -30 |
| HILTON WORLDWIDE HLDGS INC(HLT) | 950 | 0 | -950 | 216 | 0 | — | -216 |
| WYNDHAM HOTELS & RESORTS INC(WH) | 27,000 | 27,000 | 0 | 2,444 | 2,193 | 0.07% | -251 |
| SEI INVTS CO(SEIC) | 7,500 | 3,500 | -4,000 | 582 | 315 | 0.01% | -268 |
| META PLATFORMS INC(META) | 1,370 | 660 | -710 | 790 | 487 | 0.02% | -302 |
| CARNIVAL CORP(Put) | 23,500 | 0 | -23,500 | 459 | 0 | — | -459 |
| CARNIVAL CORP | 27,200 | 0 | -27,200 | 531 | 0 | — | -531 |
| SUN CTRY AIRLS HLDGS INC | 1,959,372 | 1,959,372 | 0 | 24,139 | 23,023 | 0.75% | -1,117 |
| UBER TECHNOLOGIES INC(UBER)(Put) | 15,500 | 0 | -15,500 | 1,129 | 0 | — | -1,129 |
| TRIVAGO N V | 3,567,969 | 3,576,869 | +8,900 | 14,629 | 13,485 | 0.44% | -1,144 |
| FRONTIER GROUP HLDGS INC(ULCC) | 2,156,100 | 2,181,100 | +25,000 | 9,357 | 7,917 | 0.26% | -1,440 |
| AVIS BUDGET GROUP | 751,770 | 320,000 | -431,770 | 57,059 | 54,096 | 1.76% | -2,963 |
| TRIPADVISOR INC(TRIP) | 2,896,475 | 2,896,475 | 0 | 41,043 | 37,799 | 1.23% | -3,244 |
| SOUTHWEST AIRLS CO(LUV) | 5,916,492 | 5,917,492 | +1,000 | 198,676 | 191,963 | 6.25% | -6,712 |
| LATAM AIRLINES GROUP SA(LTM) | 467,500 | 165,000 | -302,500 | 14,623 | 6,706 | 0.22% | -7,918 |
| WEX INC(WEX) | 1,850,500 | 1,851,100 | +600 | 290,566 | 271,908 | 8.85% | -18,657 |
| CARGURUS INC(CARG) | 2,810,956 | 336,791 | -2,474,165 | 81,883 | 11,272 | 0.37% | -70,611 |
| UBER TECHNOLOGIES INC(UBER) | 4,529,829 | 0 | -4,529,829 | 330,043 | 0 | — | -330,043 |