Hill Path Capital LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Hill Path Capital LP disclosed 7 US equity positions worth $1.6bn in its Q4 2025 13F filing. The largest position was PRKS at 63.5% of the reported book, followed by HGV and PLAY. Against the Q3 2025 filing, it opened 0 new positions, added to 0 and reduced 1 among the top 7 holdings.
What did Hill Path Capital LP own in Q4 2025? Top 7 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | PRKS UNITED PARKS & RESORTS INC | Consumer Cyclical | 63.5% | $987.6m | 27,205,306 | 0% | held |
| 2 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 18.7% | $291.3m | 6,509,913 | 0% | held |
| 3 | PLAY DAVE & BUSTERS ENTMT INC | Communication Services | 7.4% | $115.4m | 7,119,255 | 0% | held |
| 4 | PENN PENN ENTERTAINMENT INC | Consumer Cyclical | 5.5% | $85.0m | 5,759,820 | 0% | held |
| 5 | ACEL ACCEL ENTERTAINMENT INC | Consumer Cyclical | 2.0% | $31.8m | 2,789,113 | 0% | held |
| 6 | CARS CARS COM INC | Communication Services | 1.9% | $30.3m | 2,481,032 | 0% | held |
| 7 | GDEN GOLDEN ENTMT INC | 0.8% | $12.7m | 467,841 | -29% | reduced |
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.