Checking Up On PAR Capital's Recent Moves
I was recently contacted by PAR Capital asking me to update their hedge fund page. Ed Shapiro is retired in 2016 and the fund is currently solely managed by Paul Reeder.
PAR Capital Management, founded in 1990 and based in Boston, is an investment firm specializing in hedge fund strategies with a long/short equity approach across global markets. The firm distinguishes itself through rigorous fundamental research, disciplined portfolio management, and a commitment to aligning incentives with its clients' interests.
Paul Arlington Reeder founded PAR Capital Management, Inc. in 1990 and PAR Capital Ventures LLC in 2009, where he serves as President. Additionally, he acts as an Advisor at Thayer Ventures Management Co. LLC. Reeder earned his undergraduate degree from Oberlin College in 1983 and his graduate degree from MIT Sloan School of Management in 1985.
PAR Capital Management reported $3,215,410,374 in managed 13F securities for Q1 2024, with the top 10 holdings comprising 81.79% of their portfolio. The firm's largest holding is Booking Holdings Inc., with 121,200 shares held.
