PAR CAPITAL MANAGEMENT INC
Q1 2014 13F-HR Holdings
Net value change ($000)
+301,890
(10.0%)
New positions
14
Sold out positions
5
Turnover %
5.5%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q4 2013
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| EXPE | 74,049 | 62.8% |
| LUV | 51,537 | 82.9% |
| ALK | 46,883 | 27.2% |
| PENN | 45,481 | 92.1% |
| VECO | 41,321 | NEW |
| AAL | 41,000 | 81.2% |
| DAL | 40,194 | 27.1% |
| BYD | 28,046 | 36.1% |
| Global Eagle Entertainment Inc. | 26,698 | 6.2% |
| FLYYQ | 24,299 | 48.6% |
Top Reduces (Value $000, Stocks/ETFs)
| BOOKING HLDGS INC | -174,472 | -61.7% |
| CAR | -94,070 | -43.6% |
| GLPI | -27,001 | -25.1% |
| WELLCARE HEALTH PLANS, INC. | -21,126 | -100.0% |
| BALLY TECHNOLOGIES | -11,592 | -15.5% |
| ISLE OF CAPRI CASINOS | -10,946 | -49.4% |
| *VALUEVISION MEDIA INC | -7,587 | -30.5% |
| SSYS | -7,185 | -46.8% |
| NEWFIELD EXPLOR | -6,526 | -79.1% |
| FFIV | -5,444 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|