HG Vora Capital Management, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), HG Vora Capital Management, LLC reported 4 stock positions worth $172.0 million. Its top holding was Penn Entertainment (PENN) at 67.0% of the portfolio, followed by First American Financial (FAF, 26.9%) and Fossil (FOSL, 5.2%). Compared with Q1 2026, it sold out of 2 and reduced 2. The biggest sale was an exit from United Parks & Resorts (PRKS).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001525362
Portfolio Value
$172.0M (Q2 2026)
SEC Filing
0001214659-26-010409 ↗ filed Aug 14, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.7B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $978.5M Q1 2025 Q2 2025: $907.9M Q2 2025 Q3 2025: $738.0M Q3 2025 Q4 2025: $264.9M Q4 2025 Q1 2026: $169.9M Q1 2026 Q2 2026: $172.0M $172.0M Q2 2026

Holdings 4 stocks · $172.0M
PENN Penn Entertainment Inc. 67.03% 5,398,590 $115.3M Reduce -4.9%
FAF First American Financial 26.91% 675,000 $46.3M No change
FOSL Fossil Group Inc. 5.21% 2,163,349 $9.0M No change
OPTU Optimum Communications Inc. Class A 0.84% 1,001,744 $1.5M Reduce -56.5%
Other holdings (1): bonds, preferreds, convertibles and warrants · $24.8M (not counted above)
SecurityClassShares / PrincipalValueChange
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal 18,380,000$24.8MAdd +23.5%

Total filed on the 13F, all lines: $196.8M.

Portfolio Sells Q1 2026 → Q2 2026
PRKS United Parks & Resorts Inc. Sold out 0.00% −11.54
DRVN Driven Brands Holdings Inc. Sold out 0.00% −7.05
OPTU Optimum Communications Inc. Class A Reduce -56.5% 0.84% −0.92
PENN Penn Entertainment Inc. Reduce -4.9% 67.03% +16.83

Portfolio Buys Q1 2026 → Q2 2026
None this quarter.

Notes & Other Activity Q1 2026 → Q2 2026
UGI CORP (UGI 5 06/01/28) NOTE 5.000% 6/0 · principal Add +23.5% 18,380,000 $24.8M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$172.0MPENN, FAF, FOSL, OPTU
Q1 2026 6$169.9MPENN, FAF, PRKS, DRVN, FOSL
Q4 2025 7$264.9MPENN, DRVN, FAF, NVRI, EQH
Q3 2025 14$738.0MPENN, CZR, DRVN, FAF, R
Q2 2025 16$907.9MPENN, R, DRVN, CZR, FAF
Q1 2025 13$978.5MFAF, PENN, R, DRVN, CZR
Q4 2024 10$1.3BPENN, FAF, R, PLYA, BYD
Q3 2024 10$1.4BPENN, FAF, R, BYD, DRVN
Q2 2024 10$1.5BPENN, FAF, R, BYD, CZR
Q1 2024 12$1.7BFAF, PENN, R, CZR, BYD