Par Capital Management Inc Portfolio Stock Holdings

According to the SEC 13F filed on August 14, 2026, Par Capital Management Inc disclosed 45 stock positions valued at approximately $4.03B as of quarter-end June 30, 2026. The largest holdings include UNITED AIRLS HLDGS INC, SYNCHRONY FINANCIAL, and EXPEDIA GROUP INC.

Report Period
June 30, 2026
No. of Stocks
45
Portfolio Value
$4.03B
Holdings by Sector
Par Capital Management Inc Portfolio Holdings in Q2 2026
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
UNITED AIRLS HLDGS INCUALIndustrials18.08%5,359,741+362,891+7.26%$728,871,179
SYNCHRONY FINANCIALSYFFinancial Services14.36%7,612,137--$578,903,019
EXPEDIA GROUP INCEXPEConsumer Cyclical12.04%1,895,847-56,273-2.88%$485,109,330
DELTA AIR LINES INCDALIndustrials8.09%3,482,745-31,700-0.90%$326,193,897
WEX INCWEXTechnology7.89%2,254,984--$318,155,693
UBER TECHNOLOGIES INCUBERTechnology7.55%4,217,700+480,727+12.86%$304,349,232
SOUTHWEST AIRLS COLUVIndustrials6.26%4,905,756-313,436-6.01%$252,253,974
BOOKING HOLDINGS INCBKNGConsumer Cyclical4.39%992,100+949,527+2230.35%$176,831,904
CARVANA COCVNAConsumer Cyclical2.84%1,739,360+1,391,488+400.00%$114,484,675
AIRBNB INCABNBConsumer Cyclical2.66%750,000+2,500+0.33%$107,325,000
ALLEGIANT TRAVEL COALGTIndustrials2.46%844,632-1,559-0.18%$99,328,723
ALASKA AIR GROUP INCALKIndustrials2.05%1,579,636-1,864-0.12%$82,456,999
HYATT HOTELS CORPHConsumer Cyclical1.63%338,500--$65,614,840
TRIPADVISOR INCTRIPConsumer Cyclical1.39%4,072,054--$55,827,860
VISA INCVFinancial Services1.09%127,600+47,600+59.50%$43,778,284
META PLATFORMS INCMETACommunication Services0.77%54,983+54,283+7754.71%$30,971,374
ZILLOW GROUP INCZCommunication Services0.64%823,000+823,000+100.00%$25,940,960
TRIVAGO N VTRVGCommunication Services0.58%4,292,733+99,619+2.38%$23,481,250
LYFT INCLYFTTechnology0.58%1,605,000-1,525,000-48.72%$23,449,050
JETBLUE AIRWAYS CORPJBLUIndustrials0.57%4,000,000-457,425-10.26%$22,920,000
SCHWAB CHARLES CORPSCHWFinancial Services0.56%245,000-8,300-3.28%$22,606,150
RYANAIR HOLDINGS PLCRYAAYIndustrials0.55%340,000-5,000-1.45%$22,015,000
GRUPO AEROMEXICO SAB DE CVAEROOther0.53%1,189,824-12,660,586-91.41%$21,416,832
AMERICAN AIRLINES GROUP INCAALIndustrials0.45%1,000,000-250,000-20.00%$18,070,000
MASTERCARD INCORPORATEDMAFinancial Services0.38%30,000+29,100+3233.33%$15,408,000
MARRIOTT INTL INC NEWMARConsumer Cyclical0.37%40,000-50,000-55.56%$14,823,600
REPUBLIC AWYS HLDGS INCRJETOther0.26%506,844--$10,648,792
ALPHABET INCGOOGCommunication Services0.22%25,200-10,400-29.21%$8,903,916
BILL HOLDINGS INCBILLTechnology0.18%200,000-200,000-50.00%$7,232,000
SKYWEST INCSKYWIndustrials0.14%54,881-303,042-84.67%$5,451,330
Showing 30 of 45 holdings in the latest reporting period.
Par Capital Management Inc Options Holdings in Q2 2026
QuarterSymbolCompanyOptionContractsNotional Value
Q2 2026DALDelta Air Lines, Inc.PUT10,500$983,430
Q2 2026GOOGAlphabet Inc.PUT2,500$883,325
Showing 2 of 2 options positions in the latest reporting period.

Notional value represents the total exposure of the options position.