Hill Path Capital LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Hill Path Capital LP disclosed 8 US equity positions worth $2.0bn in its Q3 2025 13F filing. The largest position was PRKS at 68.9% of the reported book, followed by HGV and PLAY. Against the Q2 2025 filing, it opened 0 new positions, added to 2 and reduced 0 among the top 8 holdings.
What did Hill Path Capital LP own in Q3 2025? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | PRKS UNITED PARKS & RESORTS INC | Consumer Cyclical | 68.9% | $1.4bn | 27,205,306 | 0% | held |
| 2 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 13.3% | $272.2m | 6,509,913 | 0% | held |
| 3 | PLAY DAVE & BUSTERS ENTMT INC | Communication Services | 6.3% | $129.3m | 7,119,255 | 0% | held |
| 4 | PENN PENN ENTERTAINMENT INC | Consumer Cyclical | 5.4% | $110.9m | 5,759,820 | 64% | added |
| 5 | CALY TOPGOLF CALLAWAY BRANDS CORP | Consumer Cyclical | 2.2% | $44.5m | 4,685,985 | 0% | held |
| 6 | ACEL ACCEL ENTERTAINMENT INC | Consumer Cyclical | 1.5% | $30.9m | 2,789,113 | 0% | held |
| 7 | CARS CARS COM INC | Communication Services | 1.5% | $30.3m | 2,481,032 | 23% | added |
| 8 | GDEN GOLDEN ENTMT INC | 0.8% | $15.5m | 655,625 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.