Institutional Manager · CIK 0001676292
Hill Path Capital LP
New York, NY · File #028-17763
Latest AUM
$1.55B
Positions
7
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | TOPGOLF CALLAWAY BRANDS CORP | 131193104 | -4,685,985 | -$44.5M | $0 |
| REDUCE | GOLDEN ENTMT INC | NVGLF | -187,784 | -$5.1M | +$2.4M |
| REDUCE | ACCEL ENTERTAINMENT INC | ACEL | 0 | $0 | +$948,298 |
| REDUCE | CARS COM INC | CARS | 0 | $0 | -$49,621 |
| REDUCE | DAVE & BUSTERS ENTMT INC | 238337109 | 0 | $0 | -$13.9M |
| REDUCE | HILTON GRAND VACATIONS INC | HGV | 0 | $0 | +$19.1M |
| REDUCE | PENN ENTERTAINMENT INC | PENN | 0 | $0 | -$26.0M |
| REDUCE | UNITED PARKS & RESORTS INC | PRKS | 0 | $0 | -$419.0M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20257 pos · $1.55B
- 13F HOLDINGS REPORTQ/E Sep 20258 pos · $2.04B
- 13F HOLDINGS REPORTQ/E Jun 20258 pos · $1.94B
- 13F HOLDINGS REPORTQ/E Mar 20254 pos · $1.61B
- 13F HOLDINGS REPORTQ/E Dec 20245 pos · $2.01B
- 13F HOLDINGS REPORTQ/E Sep 20245 pos · $1.89B
- 13F HOLDINGS REPORTQ/E Jun 20245 pos · $2.06B
- 13F HOLDINGS REPORTQ/E Mar 20245 pos · $2.33B
- 13F HOLDINGS REPORTQ/E Dec 20236 pos · $1.85B
Top 7 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | UNITED PARKS & RESORTS INC | PRKS | 27,205,306 | $987.6M | 63.55% |
| 2 | HILTON GRAND VACATIONS INC | HGV | 6,509,913 | $291.3M | 18.75% |
| 3 | DAVE & BUSTERS ENTMT INC | 238337109 | 7,119,255 | $115.4M | 7.43% |
| 4 | PENN ENTERTAINMENT INC | PENN | 5,759,820 | $85.0M | 5.47% |
| 5 | ACCEL ENTERTAINMENT INC | ACEL | 2,789,113 | $31.8M | 2.05% |
| 6 | CARS COM INC | CARS | 2,481,032 | $30.3M | 1.95% |
| 7 | GOLDEN ENTMT INC | NVGLF | 467,841 | $12.7M | 0.82% |