HG Vora Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), HG Vora Capital Management, LLC reported 10 stock positions worth $1.4 billion. Its top holding was Penn Entertainment (PENN) at 20.0% of the portfolio, followed by First American Financial (FAF, 18.4%) and Ryder System (R, 17.6%). Compared with Q2 2024, it opened 2 new positions, sold out of 2, added to 1 and reduced 5. The biggest buy was a new position in MGM Resorts International (MGM) and the biggest sale Caesars Entertainment (CZR, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001525362
- Portfolio Value
- $1.4B (Q3 2024)
- SEC Filing
- 0001214659-24-019165 ↗ filed Nov 14, 2024
Holdings Value
Holdings 10 stocks · $1.4B
| PENN Penn Entertainment Inc. | 20.04% | 14,500,000 | $273.5M | No change |
| FAF First American Financial | 18.38% | 3,800,000 | $250.8M | Reduce -25.1% |
| R Ryder System Inc. | 17.62% | 1,650,000 | $240.6M | Reduce -24.1% |
| BYD Boyd Gaming Corp. | 14.21% | 3,000,000 | $193.9M | Reduce -25.0% |
| DRVN Driven Brands Holdings Inc. | 7.89% | 7,550,000 | $107.7M | Add +4.9% |
| MGM MGM Resorts International | 7.16% | 2,500,000 | $97.7M | New |
| PLYA Playa Hotels & Resorts NV | 7.10% | 12,500,000 | $96.9M | No change |
| PRKS United Parks & Resorts Inc. | 4.82% | 1,300,000 | $65.8M | Reduce -18.8% |
| CZR Caesars Entertainment Inc. | 1.53% | 500,000 | $20.9M | Reduce -84.8% |
| MODVQ Modivcare Inc. | 1.26% | 1,200,000 | $17.1M | New |
Portfolio Sells Q2 2024 → Q3 2024
| CZR Caesars Entertainment Inc. | Reduce -84.8% | 1.53% | −6.98 |
| RSI Rush Street Interactive Inc. | Sold out | 0.00% | −4.36 |
| GBTG Global Business Travel Group | Sold out | 0.00% | −0.93 |
| PRKS United Parks & Resorts Inc. | Reduce -18.8% | 4.82% | −0.82 |
| BYD Boyd Gaming Corp. | Reduce -25.0% | 14.21% | −0.10 |
| R Ryder System Inc. | Reduce -24.1% | 17.62% | +0.13 |
| FAF First American Financial | Reduce -25.1% | 18.38% | +0.60 |
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4 | $172.0M | PENN, FAF, FOSL, OPTU |
| Q1 2026 | 6 | $169.9M | PENN, FAF, PRKS, DRVN, FOSL |
| Q4 2025 | 7 | $264.9M | PENN, DRVN, FAF, NVRI, EQH |
| Q3 2025 | 14 | $738.0M | PENN, CZR, DRVN, FAF, R |
| Q2 2025 | 16 | $907.9M | PENN, R, DRVN, CZR, FAF |
| Q1 2025 | 13 | $978.5M | FAF, PENN, R, DRVN, CZR |
| Q4 2024 | 10 | $1.3B | PENN, FAF, R, PLYA, BYD |
| Q3 2024 | 10 | $1.4B | PENN, FAF, R, BYD, DRVN |
| Q2 2024 | 10 | $1.5B | PENN, FAF, R, BYD, CZR |
| Q1 2024 | 12 | $1.7B | FAF, PENN, R, CZR, BYD |