PAR CAPITAL MANAGEMENT, INC.

Adviser information for PAR CAPITAL MANAGEMENT, INC. last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 13
Investment Advisory/Research 7
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 1 $2.8B
Non-Discretionary 0 $0
Total 1 $2.8B

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 1 $2.8B
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0

Services

Advisory Services Portfolio management for pooled investment vehicles
Compensation % of AUMPerformance-based fees
Other Business Activities Commodity pool operator or commodity trading advisor

Identifiers

SEC RIA File Number 801-73100
SEC ERA File Number 801-73100
SEC CIK Numbers 1051359
SEC CRD Numbers 156596
Legal Entity Identifier 549300XEMCYZJNMGVD45

Principal Office

200 CLARENDON STREET, 48FL
BOSTON
MA
United States
Monday - Friday, 8AM-5PM
Tel: 6175268990, Fax: 617-556-8875

Chief Compliance Officer

STEVEN M. SMITH
CHIEF OPERATING OFFICER AND GENERAL COUNSEL
200 CLARENDON STREET, FL 48
BOSTON
MA
United States
Tel: 617-526-8995
Fax: 617-556-8875
(Full email address available in API data)

Industry Affiliates

PAR GROUP II, L.P. Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
PAR INVESTMENT PARTNERS, L.P. Hedge Fund $2,830.1M $1.0M 85

Control Persons

Name Type Entity Title Since Ownership
REEDER, PAUL, ARLINGTON Individual SHAREHOLDER/PRESIDENT 05/1992 > 75%
SMITH, STEVEN, MICHAEL Individual SHAREHOLDER / CHIEF OPERATING OFFICER, GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER 11/2010 5-10%
MOEYKENS, WILLIAM, DAVID Individual VICE PRESIDENT OF FINANCE 01/2012 < 5%
ZIMMAN, MARC, DANIEL Individual SHAREHOLDER/VICE PRESIDENT 01/2020 10-25%

No. Employees, Historic

2010020202021202220232024202517 on 1/9/202016 on 3/30/202013 on 1/7/202113 on 3/29/202113 on 3/31/202213 on 3/31/202313 on 3/28/2024

RAUM, Historic

3B2B02020202120222023202420252314218820 on 1/9/20202314218820 on 3/30/20201675257203 on 1/7/20211675257203 on 3/29/20212616365760 on 3/31/20222087080116 on 3/31/20232830095878 on 3/28/2024

No. Clients, Historic

10502020202120222023202420251 on 1/9/20201 on 3/30/20201 on 1/7/20211 on 3/29/20211 on 3/31/20221 on 3/31/20231 on 3/28/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
AIRBNB INC COM CL A 45M 300K N/A
ALASKA AIR GROUP INC COM 39M 965K N/A
ALLEGIANT TRAVEL CO COM 25M 503K N/A
ALPHABET INC CAP STK CL C 7M 39K N/A
AMERICAN AIRLS GROUP INC COM 23M 2M N/A
AVIDXCHANGE HOLDINGS INC COM 31M 3M N/A
AVIS BUDGET GROUP COM 89M 850K N/A
BLOCK INC CL A 32M 500K N/A
BOOKING HOLDINGS INC COM 488M 123K N/A
CARGURUS INC COM CL A 59M 2M N/A
CARNIVAL CORP UNIT 99/99/9999 225K 12K N/A
CARVANA CO CL A 65M 506K N/A
CITIGROUP INC COM NEW 762K 12K N/A
COMERICA INC COM 26M 500K N/A
CONTROLADORA VUELA COMP DE A SPON ADR RP 10 19M 3M N/A
DELTA AIR LINES INC DEL COM NEW 211M 4M N/A
DOORDASH INC CL A 435K 4K N/A
ETSY INC COM 8M 138K N/A
EVENTBRITE INC COM CL A 150K 31K N/A
EXPEDIA GROUP INC COM NEW 389M 3M N/A
FASTLY INC CL A 140K 19K N/A
FRONTIER GROUP HLDGS INC COM 9M 2M N/A
GLOBAL BUSINESS TRAVEL GROUP COM CL A 5M 747K N/A
HAWAIIAN HOLDINGS INC COM 37M 3M N/A
HERTZ GLOBAL HLDGS INC COM NEW 4M 1M N/A
HYATT HOTELS CORP COM CL A 9M 57K N/A
JETBLUE AWYS CORP COM 18M 3M N/A
LYFT INC CL A COM 776K 55K N/A
MAPLEBEAR INC COM 2M 75K N/A
META PLATFORMS INC CL A 504K 1K N/A
SABRE CORP COM 13M 5M N/A
SCHWAB CHARLES CORP COM 88M 1M N/A
SKYWEST INC COM 20M 240K N/A
SOUTHWEST AIRLS CO COM 44M 2M N/A
SPIRIT AIRLS INC COM 366K 100K N/A
SUN CTRY AIRLS HLDGS INC COM 31M 3M N/A
SYNCHRONY FINANCIAL COM 396M 8M N/A
TESLA INC COM 38M 192K N/A
TRIP COM GROUP LTD ADS 940K 20K N/A
TRIPADVISOR INC COM 2M 85K N/A
TRIVAGO N V SPON ADS A SHS N 5M 2M N/A
UBER TECHNOLOGIES INC COM 315M 4M N/A
UNITED AIRLS HLDGS INC COM 222M 5M N/A
UPWORK INC COM 323K 30K N/A
VACASA INC CL A NEW 2M 318K N/A
VISA INC COM CL A 472K 2K N/A
WEBSTER FINL CORP COM 26M 600K N/A
WELLS FARGO CO NEW COM 594K 10K N/A
WEX INC COM 326M 2M N/A
WYNDHAM HOTELS & RESORTS INC COM 2M 27K N/A