Institutional
PAR CAPITAL MANAGEMENT INC
CIK 0001051359
$3.45B
Reported AUM
45
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · PAR CAPITAL MANAGEMENT INC · Q1 2026
AI · grounded in 13F
PAR CAPITAL MANAGEMENT INC increased its position in V by 7,592.31%. The fund also accumulated shares in UBER and TRIP, increasing those holdings by 275.50% and 86.74% respectively. On the sell side, the fund trimmed its positions in WBS by 93.38% and SCHW by 72.23%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | SYF | SYNCHRONY FINANCIAL | $517.8M | 15.00% | +112,137 | +1.5% |
| 2 | UAL | UNITED AIRLS HLDGS INC | $460.1M | 13.33% | +102,000 | +2.1% |
| 3 | EXPE | EXPEDIA GROUP INC | $450.7M | 13.06% | +3,674 | +0.2% |
| 4 | WEX | WEX INC | $345.1M | 10.00% | +2,984 | +0.1% |
| 5 | UBER | UBER TECHNOLOGIES INC | $268.8M | 7.79% | +2,741,773 | +275.5% |
| 6 | DAL | DELTA AIR LINES INC | $234.8M | 6.80% | -59,765 | -1.7% |
| 7 | LUV | SOUTHWEST AIRLS CO | $196.1M | 5.68% | +269,000 | +5.4% |
| 8 | BKNG | BOOKING HOLDINGS INC | $179.2M | 5.19% | +18,086 | +73.9% |
| 9 | CVNA | CARVANA CO | $109.4M | 3.17% | -2,800 | -0.8% |
| 10 | ABNB | AIRBNB INC | $94.4M | 2.73% | +17,600 | +2.4% |
| 11 | ALGT | ALLEGIANT TRAVEL CO | $68.6M | 1.99% | +222,110 | +35.6% |
| 12 | ALK | ALASKA AIR GROUP INC | $58.2M | 1.69% | — | HELD |
| 13 | H | HYATT HOTELS CORP | $48.7M | 1.41% | -300 | -0.1% |
| 14 | TRIP | TRIPADVISOR INC | $43.4M | 1.26% | +1,891,490 | +86.7% |
| 15 | LYFT | LYFT INC | $41.6M | 1.21% | -10,000 | -0.3% |
| 16 | SKYW | SKYWEST INC | $32.9M | 0.95% | -1,958 | -0.5% |
| 17 | MAR | MARRIOTT INTL INC NEW | $29.4M | 0.85% | -44,900 | -33.3% |
| 18 | CAR | AVIS BUDGET GROUP INC | $29.2M | 0.85% | — | HELD |
| 19 | SNCY | SUN CTRY AIRLS HLDGS INC | $24.2M | 0.70% | -550,200 | -27.3% |
| 20 | V | VISA INC | $24.2M | 0.70% | +78,960 | +7592.3% |
| 21 | SCHW | SCHWAB CHARLES CORP | $23.8M | 0.69% | -658,700 | -72.2% |
| 22 | RYAAY | RYANAIR HOLDINGS PLC | $19.9M | 0.58% | — | HELD |
| 23 | GOOG | ALPHABET INC | $19.9M | 0.58% | -1,100 | -1.6% |
| 24 | JBLU | JETBLUE AIRWAYS CORP | $19.7M | 0.57% | — | HELD |
| 25 | CPA | COPA HOLDINGS SA | $17.9M | 0.52% | — | HELD |
| 26 | BILL | BILL HOLDINGS INC | $15.3M | 0.44% | +75,000 | +23.1% |
| 27 | AAL | AMERICAN AIRLINES GROUP INC | $13.4M | 0.39% | — | HELD |
| 28 | TRVG | TRIVAGO N V | $11.4M | 0.33% | +222,308 | +5.6% |
| 29 | GBTG | GLOBAL BUSINESS TRAVEL GROUP | $9.4M | 0.27% | +803,390 | +91.0% |
| 30 | RJET | REPUBLIC AWYS HLDGS INC | $9.1M | 0.26% | +329,543 | +185.9% |
| 31 | LTM | LATAM AIRLINES GROUP SA | $8.2M | 0.24% | — | HELD |
| 32 | ULCC | FRONTIER GROUP HLDGS INC | $7.5M | 0.22% | -25,000 | -1.2% |
| 33 | HTZ | HERTZ GLOBAL HLDGS INC | $6.5M | 0.19% | — | HELD |
| 34 | WBS | WEBSTER FINL CORP | $3.5M | 0.10% | -705,500 | -93.4% |
| 35 | C | CITIGROUP INC | $2.3M | 0.07% | — | HELD |
| 36 | CARS | CARS COM INC | $2.0M | 0.06% | -2,451,349 | -90.9% |
| 37 | CFG | CITIZENS FINL GROUP INC | $960K | 0.03% | +16,000 | NEW |
| 38 | CART | MAPLEBEAR INC | $762K | 0.02% | +20,336 | NEW |
| 39 | TFC | TRUIST FINL CORP | $690K | 0.02% | +15,000 | NEW |
| 40 | TCOM | TRIP COM GROUP LTD | $673K | 0.02% | +9,023 | +200.5% |
| 41 | PINS | PINTEREST INC | $584K | 0.02% | +31,825 | NEW |
| 42 | SNAP | SNAP INC | $509K | 0.01% | +110,693 | NEW |
| 43 | ZNGA | ZOOM COMMUNICATIONS INC | $482K | 0.01% | -5,900 | -49.6% |
| 44 | CARG | CARGURUS INC | $353K | 0.01% | -337,722 | -97.0% |
| 45 | NXT | NEXTPOWER INC | $208K | 0.01% | +1,726 | NEW |
| 46 | AERO | GRUPO AEROMEXICO SAB DE CV | — | — | -13,850,410 | EXITED |
| 47 | AMZN | AMAZON COM INC | — | — | -6,300 | EXITED |
| 48 | DASH | DOORDASH INC | — | — | -5,900 | EXITED |
| 49 | BAC | BANK AMERICA CORP | — | — | -18,500 | EXITED |
| 50 | TSLA | TESLA INC | — | — | -1,700 | EXITED |
| 51 | KVYO | KLAVIYO INC | — | — | -23,000 | EXITED |
| 52 | MA | MASTERCARD INCORPORATED | — | — | -900 | EXITED |
| 53 | META | META PLATFORMS INC | — | — | -700 | EXITED |
| 54 | DOCU | DOCUSIGN INC | — | — | -5,300 | EXITED |
Source: SEC EDGAR · accession 0001051359-26-000005. 13F discloses long positions only — shorts, foreign equities, and options are excluded.