other names
  • PAR CAPITAL MANAGEMENT, INC.

Adviser Profile

As of Date 03/12/2026
Registration SEC, Approved, 02/10/2012
ADV Location BOSTON, MA, United States
Contact Info 617 xxxxxxx
Websites
AUM* 1,471,249,761 -48%
of that, discretionary 1,471,249,761 -48%
Private Fund GAV* 1,471,249,761 8%
Avg Account Size 1,471,249,761 -48%
SMA’s No
Private Funds 1

Adviser Type

- Large advisory firm

Number of Employees 12 -8%

of those in investment advisory functions 7

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

8B 6B 5B 4B 3B 2B 1B
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Discretionary
Non-discretionary

Private Funds

Employees

Private Funds Structure

SEC Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$1,471,249,761

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser SSI INVESTMENT MANAGEMENT LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM2.6b #Funds-
Adviser TREE LINE CAPITAL PARTNERS, LLC Hedge Fund2.8b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.8b AUM3.8b #Funds17
Adviser GAM SYSTEMATIC LLP Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM2.0b #Funds-
Adviser PRANA CAPITAL MANAGEMENT LP Hedge Fund3.3b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV3.3b AUM4.3b #Funds2
Adviser TOMS CAPITAL INVESTMENT MANAGEMENT LP Hedge Fund1.4b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.4b AUM2.7b #Funds7
Adviser 140 SUMMER PARTNERS LP Hedge Fund6.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV6.6b AUM3.9b #Funds3
Adviser GHISALLO CAPITAL MANAGEMENT LLC Hedge Fund4.9b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV4.9b AUM4.9b #Funds7
Adviser CARLSON CAPITAL, L.P. Hedge Fund180.8m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV180.8m AUM429.3m #Funds12
Adviser ABRAMS BISON INVESTMENTS, L.L.C. Hedge Fund2.5b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.5b AUM2.5b #Funds3
Adviser TRUST ASSET MANAGEMENT LLC Hedge Fund1.8b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.8b AUM3.2b #Funds6

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker87165B103 Stock NameSYNCHRONY FINANCIAL $ Position$517,777,559 % Position15.00% $ Change-17.00% # Change1.00%
Stck Ticker910047109 Stock NameUNITED AIRLS HLDGS INC $ Position$460,059,980 % Position13.00% $ Change-16.00% # Change2.00%
Stck Ticker30212P303 Stock NameEXPEDIA GROUP INC $ Position$450,724,987 % Position13.00% $ Change-18.00% # Change0.00%
Stck Ticker96208T104 Stock NameWEX INC $ Position$345,102,751 % Position10.00% $ Change3.00% # Change0.00%
Stck Ticker90353T100 Stock NameUBER TECHNOLOGIES INC $ Position$268,800,468 % Position8.00% $ Change231.00% # Change275.00%
Stck Ticker247361702 Stock NameDELTA AIR LINES INC $ Position$233,640,304 % Position7.00% $ Change-6.00% # Change-2.00%
Stck Ticker844741108 Stock NameSOUTHWEST AIRLS CO $ Position$196,085,043 % Position6.00% $ Change-4.00% # Change5.00%
Stck Ticker09857L108 Stock NameBOOKING HOLDINGS INC $ Position$179,245,953 % Position5.00% $ Change37.00% # Change74.00%
Stck Ticker009066101 Stock NameAIRBNB INC $ Position$94,394,300 % Position3.00% $ Change-5.00% # Change2.00%
Stck Ticker146869102 Stock NameCARVANA CO $ Position$109,363,999 % Position3.00% $ Change-26.00% # Change-1.00%

Brochure Summary