AI Portfolio Summary
In 2026 Q1, PAR CAPITAL MANAGEMENT INC maintained a portfolio of 59 distinct positions. The most significant new addition to the portfolio was CITIZENS FINL GROUP , which now represents 0.03% of the total fund value. They heavily accumulated shares in SYNCHRONY FINANCIAL, increasing their position by 1.5%. Conversely, PAR CAPITAL MANAGEMENT INC completely exited their position in SUN CTRY AIRLS HLDGS.
Total Positions
59
Quarter
2026 Q1
Top Holding
SYF (15.0%)
Top 10 Concentration
82.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 59
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
SYF
SYNCHRONY FINAN...
|
Financial Services | 15.00% | 16.54% |
#1
Prev: #1
|
6.5 | 112,137 | 1.5% |
P
S
|
7,612,137 | $517,777,559 | 2017 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
UAL
UNITED AIRLS HL...
|
Industrials | 13.33% | 14.47% |
#2
1
Prev: #3
|
6.0 | 102,000 | 2.1% |
P
S
|
4,996,850 | $460,059,980 | 2002 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EXPE
EXPEDIA GROUP I...
|
Consumer Cyclical | 13.06% | 14.59% |
#3
1
Prev: #2
|
5.5 | 3,674 | 0.2% |
P
S
|
1,952,120 | $450,724,987 | 2007 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
WEX
WEX INC
|
Technology | 10.00% | 8.87% |
#4
Prev: #4
|
5.0 | 2,984 | 0.1% |
P
S
|
2,254,984 | $345,102,751 | 2014 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
UBER
UBER TECHNOLOGI...
|
Technology | 7.79% | 2.15% |
#5
6
Prev: #11
|
6.6 | 2,741,773 | 275.5% |
P
S
|
3,736,973 | $268,800,468 | 2021 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
DAL
DELTA AIR LINES...
|
Industrials | 6.77% | 6.56% |
#6
1
Prev: #5
|
3.2 | -59,765 | -1.7% |
P
S
|
3,514,445 | $233,640,304 | 2003 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
LUV
SOUTHWEST AIRLS...
|
Industrials | 5.68% | 5.41% |
#7
1
Prev: #6
|
4.3 | 269,000 | 5.4% |
P
S
|
5,219,192 | $196,085,043 | 2002 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BKNG
BOOKING HOLDING...
|
Consumer Cyclical | 5.19% | 3.47% |
#8
Prev: #8
|
5.1 | 18,086 | 73.9% |
P
S
|
42,573 | $179,245,953 | 2018 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CVNA
CARVANA CO
|
Consumer Cyclical | 3.17% | 3.91% |
#9
2
Prev: #7
|
1.8 | -2,800 | -0.8% |
P
S
|
347,872 | $109,363,999 | 2017 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ABNB
AIRBNB INC
|
Consumer Cyclical | 2.73% | 2.62% |
#10
1
Prev: #9
|
1.6 | 17,600 | 2.4% |
P
S
|
747,500 | $94,394,300 | 2021 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ALGT
ALLEGIANT TRAVE...
|
Industrials | 1.99% | 1.41% |
#11
4
Prev: #15
|
3.3 | 222,110 | 35.6% |
P
S
|
846,191 | $68,575,319 | 2006 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ALK
ALASKA AIR GROU...
|
Industrials | 1.69% | 2.10% |
#12
Prev: #12
|
1.7 | no change | no change |
P
S
|
1,581,500 | $58,167,570 | 1999 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
H
HYATT HOTELS CO...
|
Consumer Cyclical | 1.41% | 1.44% |
#13
1
Prev: #14
|
1.1 | -300 | -0.1% |
P
S
|
338,500 | $48,672,915 | 2016 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
TRIP
TRIPADVISOR INC
|
Consumer Cyclical | 1.26% | 0.84% |
#14
6
Prev: #20
|
3.5 | 1,891,490 | 86.7% |
P
S
|
4,072,054 | $43,408,096 | 2011 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
LYFT
LYFT INC
|
Technology | 1.21% | 1.61% |
#15
2
Prev: #13
|
1.0 | -10,000 | -0.3% |
P
S
|
3,130,000 | $41,629,000 | 2020 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SKYW
SKYWEST INC
|
Industrials | 0.95% | 0.96% |
#16
2
Prev: #18
|
0.9 | -1,958 | -0.5% |
P
S
|
357,923 | $32,868,069 | 2019 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
MAR
MARRIOTT INTL I...
|
Consumer Cyclical | 0.85% | 1.11% |
#17
Prev: #17
|
0.3 | -44,900 | -33.3% |
P
S
|
90,000 | $29,436,300 | 2023 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CAR
AVIS BUDGET GRO...
|
Industrials | 0.85% | 0.68% |
#18
5
Prev: #23
|
1.3 | no change | no change |
P
S
|
200,000 | $29,170,000 | 2007 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SNCY
SUN CTRY AIRLS ...
|
Industrials | 0.70% | 0.76% |
#19
3
Prev: #22
|
0.3 | -532,200 | -26.6% |
P
S
|
1,467,800 | $24,248,056 | 2021 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
V
VISA INC
|
Financial Services | 0.70% | 0.01% |
#20
30
Prev: #50
|
3.3 | 78,960 | 7592.3% |
P
S
|
80,000 | $24,179,200 | 2014 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SCHW
SCHWAB CHARLES ...
|
Financial Services | 0.69% | 2.41% |
#21
11
Prev: #10
|
0.3 | -658,700 | -72.2% |
P
S
|
253,300 | $23,805,134 | 2001 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
RYAAY
RYANAIR HOLDING...
|
Industrials | 0.58% | 0.66% |
#22
2
Prev: #24
|
1.2 | no change | no change |
P
S
|
345,000 | $19,941,000 | 2024 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
JBLU
JETBLUE AIRWAYS...
|
Industrials | 0.57% | 0.54% |
#23
2
Prev: #25
|
1.2 | no change | no change |
P
S
|
4,457,425 | $19,701,819 | 2002 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CPA
COPA HOLDINGS S...
|
Industrials | 0.52% | 0.50% |
#24
3
Prev: #27
|
1.2 | no change | no change |
P
S
|
157,197 | $17,859,151 | 2014 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BILL
BILL HOLDINGS I...
|
Technology | 0.44% | 0.47% |
#25
3
Prev: #28
|
2.7 | 75,000 | 23.1% |
P
S
|
400,000 | $15,320,000 | 2024 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
AAL
AMERICAN AIRLIN...
|
Industrials | 0.39% | 0.51% |
#26
Prev: #26
|
1.2 | no change | no change |
P
S
|
1,250,000 | $13,425,000 | 2013 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
TRVG
TRIVAGO N V
|
Communication Services | 0.33% | 0.30% |
#27
4
Prev: #31
|
2.1 | 222,308 | 5.6% |
P
S
|
4,193,114 | $11,363,339 | 2016 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
GOOG
ALPHABET INC
|
Communication Services | 0.30% | 0.30% |
#28
2
Prev: #30
|
0.6 | -1,100 | -3.0% |
P
S
|
35,600 | $10,212,216 | 2006 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
GOOG
PUT
ALPHABET INC
|
PUT Option | 0.28% | 0.28% |
#29
3
Prev: #32
|
1.1 | no change | no change |
P
S
|
33,600 | $9,638,496 | 2006 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
GBTG
GLOBAL BUSINESS...
|
Consumer Cyclical | 0.27% | 0.18% |
#30
6
Prev: #36
|
3.1 | 803,390 | 91.0% |
P
S
|
1,686,634 | $9,411,418 | 2023 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
RJET
REPUBLIC AWYS H...
|
Industrials | 0.26% | 0.09% |
#31
6
Prev: #37
|
3.1 | 329,543 | 185.9% |
P
S
|
506,844 | $9,062,371 | 2005 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
LTM
LATAM AIRLINES ...
|
Industrials | 0.24% | 0.24% |
#32
2
Prev: #34
|
1.1 | no change | no change |
P
S
|
165,000 | $8,157,600 | 2004 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ULCC
FRONTIER GROUP ...
|
Industrials | 0.22% | 0.27% |
#33
Prev: #33
|
0.6 | -25,000 | -1.2% |
P
S
|
2,131,100 | $7,522,783 | 2022 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
HTZ
HERTZ GLOBAL HL...
|
Industrials | 0.19% | 0.19% |
#34
1
Prev: #35
|
1.1 | no change | no change |
P
S
|
1,400,000 | $6,454,000 | 2009 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
WBS
WEBSTER FINL CO...
|
Financial Services | 0.10% | 1.26% |
#35
19
Prev: #16
|
0.0 | -705,500 | -93.4% |
P
S
|
50,000 | $3,471,000 | 2016 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CARS
CARS COM INC
|
Communication Services | 0.06% | 0.87% |
#36
17
Prev: #19
|
0.0 | -2,451,349 | -90.9% |
P
S
|
246,299 | $1,999,948 | 2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
DAL
PUT
DELTA AIR LINES...
|
PUT Option | 0.03% | 0.03% |
#37
2
Prev: #39
|
1.0 | no change | no change |
P
S
|
18,000 | $1,196,640 | 2003 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
C
PUT
CITIGROUP INC
|
PUT Option | 0.03% | 0.03% |
#39
2
Prev: #41
|
1.0 | no change | no change |
P
S
|
10,000 | $1,134,100 | 2005 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
C
CITIGROUP INC
|
Financial Services | 0.03% | 0.03% |
#38
2
Prev: #40
|
1.0 | no change | no change |
P
S
|
10,000 | $1,134,100 | 2005 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CFG
CITIZENS FINL G...
|
Financial Services | 0.03% | — |
#40
Prev: #—
|
3.5 | 16,000 | no change |
NEW
|
16,000 | $959,520 | 2024 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CART
MAPLEBEAR INC
|
Consumer Cyclical | 0.02% | — |
#41
Prev: #—
|
3.5 | 20,336 | no change |
NEW
|
20,336 | $761,787 | 2024 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
TFC
TRUIST FINL COR...
|
Financial Services | 0.02% | — |
#42
Prev: #—
|
3.5 | 15,000 | no change |
NEW
|
15,000 | $689,550 | 2021 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
TCOM
TRIP COM GROUP ...
|
Consumer Cyclical | 0.02% | 0.01% |
#43
9
Prev: #52
|
3.0 | 9,023 | 200.5% |
P
S
|
13,523 | $673,310 | 2020 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
PINS
PINTEREST INC
|
Communication Services | 0.02% | — |
#44
Prev: #—
|
3.5 | 31,825 | no change |
NEW
|
31,825 | $583,671 | 2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SNAP
SNAP INC
|
Communication Services | 0.01% | — |
#45
Prev: #—
|
3.5 | 110,693 | no change |
NEW
|
110,693 | $509,188 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ZM
ZOOM COMMUNICAT...
|
Technology | 0.01% | 0.03% |
#46
4
Prev: #42
|
0.0 | -5,900 | -49.6% |
P
S
|
6,000 | $482,340 | 2025 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CARG
CARGURUS INC
|
Consumer Cyclical | 0.01% | 0.35% |
#47
18
Prev: #29
|
0.0 | -337,722 | -97.0% |
P
S
|
10,376 | $353,303 | 2020 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
NXT
NEXTPOWER INC
|
Technology | 0.01% | — |
#48
Prev: #—
|
3.5 | 1,726 | no change |
NEW
|
1,726 | $208,069 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SNCY
PUT
SUN CTRY AIRLS ...
|
PUT Option | 0.00% | 0.01% |
Sold All 😨
(Was: #53) |
0.0 | -18,000 | -100.0% |
CLOSED
|
— | $— | 2021 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
DOCU
DOCUSIGN INC
|
Technology | 0.00% | 0.01% |
Sold All 😨
(Was: #51) |
0.0 | -5,300 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 |
Showing 1-50 of 59 holdings