Q4 2025 · 13F-HR
HG Vora Capital Management, LLCholdings as filed
Filed 2026-02-17 · accession 0001214659-26-002005
$264.9M
Reported value
7
Positions
2025-12-31
Period end
The Brief · HG Vora Capital Management, LLC · Q4 2025
AI · grounded in 13F
HG Vora Capital Management, LLC closed its position in CZR, reducing exposure by $94.59M. The fund also exited positions in R and FUN, selling $63.19M and $49.42M respectively. To add to the portfolio, the fund established a new position in FOSL valued at $8.13M. Additionally, the fund trimmed its holding in PENN by 13.79%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 707569109 | PENN | PENN ENTERTAINMENT INC | $92.2M | 34.8% | 6,250,000 | Common | SOLE |
| 26210V102 | DRVN | DRIVEN BRANDS HLDGS INC | $77.8M | 29.4% | 5,250,000 | Common | SOLE |
| 31847R102 | FAF | FIRST AMERN FINL CORP | $41.5M | 15.7% | 675,000 | Common | SOLE |
| 415864107 | NVRI | ENVIRI CORP | $22.4M | 8.46% | 1,250,000 | Common | SOLE |
| 29452E101 | EQH | EQUITABLE HLDGS INC | $19.1M | 7.20% | 400,000 | Common | SOLE |
| 34988V106 | FOSL | FOSSIL GROUP INC | $8.1M | 3.07% | 2,163,349 | Common | SOLE |
| 02156K103 | OPTU | OPTIMUM COMMUNICATIONS INC | $3.8M | 1.43% | 2,300,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.