PAR CAPITAL MANAGEMENT INC

Est. AUM

$3.45B

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

View filings ↗

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	SYNCHRONY FINANCIAL	COM	$517.8M	7612137	15.00%	SOLE
2	UNITED AIRLS HLDGS INC	COM	$460.1M	4996850	13.33%	SOLE
3	EXPEDIA GROUP INC	COM NEW	$450.7M	1952120	13.06%	SOLE
4	WEX INC	COM	$345.1M	2254984	10.00%	SOLE
5	UBER TECHNOLOGIES INC	COM	$268.8M	3736973	7.79%	SOLE
6	DELTA AIR LINES INC	COM NEW	$233.6M	3514445	6.77%	SOLE
7	SOUTHWEST AIRLS CO	COM	$196.1M	5219192	5.68%	SOLE
8	BOOKING HOLDINGS INC	COM	$179.2M	42573	5.19%	SOLE
9	CARVANA CO	CL A	$109.4M	347872	3.17%	SOLE
10	AIRBNB INC	COM CL A	$94.4M	747500	2.73%	SOLE
11	ALLEGIANT TRAVEL CO	COM	$68.6M	846191	1.99%	SOLE
12	ALASKA AIR GROUP INC	COM	$58.2M	1581500	1.69%	SOLE
13	HYATT HOTELS CORP	COM CL A	$48.7M	338500	1.41%	SOLE
14	TRIPADVISOR INC	COM	$43.4M	4072054	1.26%	SOLE
15	LYFT INC	CL A COM	$41.6M	3130000	1.21%	SOLE
16	SKYWEST INC	COM	$32.9M	357923	0.95%	SOLE
17	MARRIOTT INTL INC NEW	CL A	$29.4M	90000	0.85%	SOLE
18	AVIS BUDGET GROUP INC	COM	$29.2M	200000	0.85%	SOLE
19	SUN CTRY AIRLS HLDGS INC	COM	$24.2M	1467800	0.70%	SOLE
20	VISA INC	COM CL A	$24.2M	80000	0.70%	SOLE
21	SCHWAB CHARLES CORP	COM	$23.8M	253300	0.69%	SOLE
22	RYANAIR HOLDINGS PLC	SPONSORED ADR	$19.9M	345000	0.58%	SOLE
23	JETBLUE AIRWAYS CORP	COM	$19.7M	4457425	0.57%	SOLE
24	COPA HOLDINGS SA	CL A	$17.9M	157197	0.52%	SOLE
25	BILL HOLDINGS INC	COM	$15.3M	400000	0.44%	SOLE
26	AMERICAN AIRLINES GROUP INC	COM	$13.4M	1250000	0.39%	SOLE
27	TRIVAGO N V	SPON ADS A SHS N	$11.4M	4193114	0.33%	SOLE
28	ALPHABET INC	CAP STK CL C	$10.2M	35600	0.30%	SOLE
29	ALPHABET INCPUT	CAP STK CL C	$9.6M	33600	0.28%	SOLE
30	GLOBAL BUSINESS TRAVEL GROUP	COM CL A	$9.4M	1686634	0.27%	SOLE
31	REPUBLIC AWYS HLDGS INC	COM SHS	$9.1M	506844	0.26%	SOLE
32	LATAM AIRLINES GROUP SA	SPONSORED ADR	$8.2M	165000	0.24%	SOLE
33	FRONTIER GROUP HLDGS INC	COM	$7.5M	2131100	0.22%	SOLE
34	HERTZ GLOBAL HLDGS INC	COM NEW	$6.5M	1400000	0.19%	SOLE
35	WEBSTER FINL CORP	COM	$3.5M	50000	0.10%	SOLE
36	CARS COM INC	COM	$2.0M	246299	0.06%	SOLE
37	DELTA AIR LINES INCPUT	COM NEW	$1.2M	18000	0.03%	SOLE
38	CITIGROUP INC	COM NEW	$1.1M	10000	0.03%	SOLE
39	CITIGROUP INCPUT	COM NEW	$1.1M	10000	0.03%	SOLE
40	CITIZENS FINL GROUP INC	COM	$960K	16000	0.03%	SOLE
41	MAPLEBEAR INC	COM	$762K	20336	0.02%	SOLE
42	TRUIST FINL CORP	COM	$690K	15000	0.02%	SOLE
43	TRIP COM GROUP LTD	ADS	$673K	13523	0.02%	SOLE
44	PINTEREST INC	CL A	$584K	31825	0.02%	SOLE
45	SNAP INC	CL A	$509K	110693	0.01%	SOLE
46	ZOOM COMMUNICATIONS INC	CL A	$482K	6000	0.01%	SOLE
47	CARGURUS INC	COM CL A	$353K	10376	0.01%	SOLE
48	NEXTPOWER INC	CLASS A COM	$208K	1726	0.01%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.