§ 13F · FUND PROFILE
PAR CAPITAL MANAGEMENT INC.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · — (13F)Positions · 53Turnover · — · Q4Filed · Feb 17, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$3783.3T deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 17, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | SYF | SYNCHRONY FINANCIAL | 7.50M | $625.7T | 16.5% | NEW |
| 2 | EXPE | EXPEDIA GROUP INC | 1.95M | $552.0T | 14.6% | NEW |
| 3 | UAL | UNITED AIRLS HLDGS INC | 4.89M | $547.3T | 14.5% | NEW |
| 4 | WEX | WEX INC | 2.25M | $335.5T | 8.9% | NEW |
| 5 | DAL | DELTA AIR LINES INC DEL | 3.57M | $248.1T | 6.6% | NEW |
| 6 | LUV | SOUTHWEST AIRLS CO | 4.95M | $204.6T | 5.4% | NEW |
| 7 | CVNA | CARVANA CO | 351K | $148.0T | 3.9% | NEW |
| 8 | BKNG | BOOKING HOLDINGS INC | 24K | $131.1T | 3.5% | NEW |
| 9 | ABNB | AIRBNB INC | 730K | $99.1T | 2.6% | NEW |
| 10 | SCHW | SCHWAB CHARLES CORP | 912K | $91.1T | 2.4% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE PAR SIGNAL
AC read
PAR CAPITAL MANAGEMENT INC is classified as a Other fund.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed