Latest PAR CAPITAL MANAGEMENT INC Stock Portfolio
PAR CAPITAL MANAGEMENT INC Performance:
2024 Q3: 8.44%YTD: 12.33%2023: 29.01%
Performance for 2024 Q3 is 8.44%, and YTD is 12.33%, and 2023 is 29.01%.
About PAR CAPITAL MANAGEMENT INC and 13F Hedge Fund Stock Holdings
PAR CAPITAL MANAGEMENT INC is a hedge fund based in BOSTON, MA. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.1 Billions. In it's latest 13F Holdings report, PAR CAPITAL MANAGEMENT INC reported an equity portfolio of $3.5 Billions as of 30 Sep, 2024.
The top stock holdings of PAR CAPITAL MANAGEMENT INC are BKNG, EXPE, SYF. The fund has invested 14.7% of it's portfolio in BOOKING HOLDINGS INC and 13.7% of portfolio in EXPEDIA GROUP INC.
The fund managers got completely rid off HAWAIIAN HOLDINGS INC (HA), CITIGROUP INC (C) and WELLS FARGO CO NEW (WFC) stocks. They significantly reduced their stock positions in META PLATFORMS INC (META), CONTROLADORA VUELA COMP DE A (VLRS) and ALASKA AIR GROUP INC (ALK). PAR CAPITAL MANAGEMENT INC opened new stock positions in MARRIOTT INTL INC NEW (MAR), LATAM AIRLINES GROUP SA and PNC FINL SVCS GROUP INC (PNC). The fund showed a lot of confidence in some stocks as they added substantially to TRIPADVISOR INC (TRIP), SPIRIT AIRLS INC (SAVE) and CARNIVAL CORP (CCL).
The top stock holdings of PAR CAPITAL MANAGEMENT INC are BKNG, EXPE, SYF. The fund has invested 14.7% of it's portfolio in BOOKING HOLDINGS INC and 13.7% of portfolio in EXPEDIA GROUP INC.
The fund managers got completely rid off HAWAIIAN HOLDINGS INC (HA), CITIGROUP INC (C) and WELLS FARGO CO NEW (WFC) stocks. They significantly reduced their stock positions in META PLATFORMS INC (META), CONTROLADORA VUELA COMP DE A (VLRS) and ALASKA AIR GROUP INC (ALK). PAR CAPITAL MANAGEMENT INC opened new stock positions in MARRIOTT INTL INC NEW (MAR), LATAM AIRLINES GROUP SA and PNC FINL SVCS GROUP INC (PNC). The fund showed a lot of confidence in some stocks as they added substantially to TRIPADVISOR INC (TRIP), SPIRIT AIRLS INC (SAVE) and CARNIVAL CORP (CCL).
PAR CAPITAL MANAGEMENT INC Annual Return Estimates Vs S&P 500
Our best estimate is that PAR CAPITAL MANAGEMENT INC made a return of 8.44% in the last quarter. In trailing 12 months, it's portfolio return was 27.39%.
New Buys
| Ticker | $ Bought |
|---|---|
| marriott intl inc new | 19,589,700 |
| latam airlines group sa | 12,346,700 |
| wix com ltd | 585,095 |
| pnc finl svcs group inc | 554,550 |
| sei invts co | 518,925 |
| ebay inc. | 455,770 |
| truist finl corp | 427,700 |
| shopify inc | 400,700 |
New stocks bought by PAR CAPITAL MANAGEMENT INC
Additions
| Ticker | % Inc. |
|---|---|
| tripadvisor inc | 948 |
| spirit airls inc | 667 |
| carnival corp | 112 |
| eventbrite inc | 32.26 |
| avidxchange holdings inc | 28.85 |
| trivago n v | 28.15 |
| trip com group ltd | 20.00 |
| cargurus inc | 18.57 |
Additions to existing portfolio by PAR CAPITAL MANAGEMENT INC
Reductions
| Ticker | % Reduced |
|---|---|
| meta platforms inc | -62.00 |
| controladora vuela comp de a | -23.24 |
| alaska air group inc | -2.00 |
| avis budget group | -1.73 |
| jetblue awys corp | -1.00 |
| carvana co | -0.32 |
| airbnb inc | -0.3 |
PAR CAPITAL MANAGEMENT INC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| hawaiian holdings inc | -36,974,700 |
| upwork inc | -322,500 |
| fastly inc | -140,030 |
| citigroup inc | -761,520 |
| wells fargo co new | -593,900 |
| visa inc | -472,446 |
PAR CAPITAL MANAGEMENT INC got rid off the above stocks
Sector Distribution
PAR CAPITAL MANAGEMENT INC has about 37.6% of it's holdings in Consumer Cyclical sector.
| Sector | % |
|---|---|
| Consumer Cyclical | 37.6 |
| Industrials | 22.7 |
| Technology | 22.2 |
| Financial Services | 16.1 |
| Others | 1.1 |
Market Cap. Distribution
PAR CAPITAL MANAGEMENT INC has about 74.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 73 |
| MID-CAP | 20.4 |
| SMALL-CAP | 3.9 |
| MEGA-CAP | 1.6 |
| UNALLOCATED | 1.1 |
Stocks belong to which Index?
About 73.9% of the stocks held by PAR CAPITAL MANAGEMENT INC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 64.6 |
| Others | 26.2 |
| RUSSELL 2000 | 9.3 |
PAR CAPITAL MANAGEMENT INC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of PAR CAPITAL MANAGEMENT INC
PAR CAPITAL MANAGEMENT INC has 56 stocks in it's portfolio. About 81.9% of the portfolio is in top 10 stocks. CAR proved to be the most loss making stock for the portfolio. EXPE was the most profitable stock for PAR CAPITAL MANAGEMENT INC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAL | american airls group inc | 0.64 | 2,000,000 | 22,480,000 | unchanged | 0.00 | ||
| ABNB | airbnb inc | 1.08 | 299,100 | 37,928,900 | reduced | -0.3 | ||
| ALGT | allegiant travel co | 0.80 | 509,884 | 28,074,200 | added | 1.31 | ||
| ALK | alaska air group inc | 1.21 | 945,654 | 42,753,000 | reduced | -2.00 | ||
| ANGI | angi inc | 0.01 | 85,000 | 219,300 | new | |||
| AVDX | avidxchange holdings inc | 0.77 | 3,350,000 | 27,168,500 | added | 28.85 | ||
| BKNG | booking holdings inc | 14.72 | 123,230 | 519,060,000 | added | 0.02 | ||
| C | citigroup inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CAR | avis budget group | 2.08 | 835,300 | 73,163,900 | reduced | -1.73 | ||
| CARG | cargurus inc | 2.27 | 2,663,960 | 79,998,600 | added | 18.57 | ||
| CCL | carnival corp | 0.01 | 25,500 | 471,240 | added | 112 | ||
| CFG | citizens finl group inc | 0.01 | 7,000 | 287,490 | new | |||
| CMA | comerica inc | 0.85 | 500,000 | 29,955,000 | unchanged | 0.00 | ||
| CVNA | carvana co | 2.49 | 504,400 | 87,821,100 | reduced | -0.32 | ||
| DAL | delta air lines inc del | 6.42 | 4,455,000 | 226,269,000 | unchanged | 0.00 | ||
| DASH | doordash inc | 0.02 | 4,000 | 570,920 | unchanged | 0.00 | ||
| EB | eventbrite inc | 0.00 | 41,000 | 111,930 | added | 32.26 | ||
| EBAY | ebay inc. | 0.01 | 7,000 | 455,770 | new | |||
| ETSY | etsy inc | 0.22 | 138,250 | 7,677,020 | unchanged | 0.00 | ||
| EXPE | expedia group inc | 13.66 | 3,253,610 | 481,599,000 | added | 5.51 | ||