Hill Path Capital LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Hill Path Capital LP reported 7 stock positions worth $1.4 billion. Its top holding was United Parks & Resorts (PRKS) at 64.9% of the portfolio, followed by Hilton Grand Vacations (HGV, 18.6%) and Penn Entertainment (PENN, 6.3%). Its holdings were unchanged from Q4 2025.

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001676292
Portfolio Value
$1.4B (Q1 2026)
SEC Filing
0000921895-26-001392 ↗ filed May 15, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $2.3B Q1 2024 Q2 2024: $2.1B Q2 2024 Q3 2024: $1.9B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $1.6B Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $2.0B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.4B $1.4B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 7 stocks · $1.4B

PRKS United Parks & Resorts Inc. 64.86% 27,205,306 $888.5M No change
HGV Hilton Grand Vacations Inc. 18.59% 6,509,913 $254.7M No change
PENN Penn Entertainment Inc. 6.32% 5,759,820 $86.6M No change
PLAY Dave & Buster's Entertainmen 5.63% 7,119,255 $77.1M No change
ACEL Accel Entertainment Inc. 2.22% 2,789,113 $30.4M No change
CARS Cars.com Inc. 1.47% 2,481,032 $20.1M No change
GDEN Golden Entertainment Inc. 0.91% 467,841 $12.5M No change

Portfolio Sells Q4 2025 → Q1 2026

None this quarter.

Portfolio Buys Q4 2025 → Q1 2026

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 7$1.9BPRKS, HGV, PENN, PLAY, ACEL
Q1 2026 7$1.4BPRKS, HGV, PENN, PLAY, ACEL
Q4 2025 7$1.6BPRKS, HGV, PLAY, PENN, ACEL
Q3 2025 8$2.0BPRKS, HGV, PLAY, PENN, CALY
Q2 2025 8$1.9BPRKS, HGV, PLAY, PENN, CALY
Q1 2025 4$1.6BPRKS, HGV, PLAY, GDEN
Q4 2024 5$2.0BPRKS, HGV, PLAY, GDEN, PLYA
Q3 2024 5$1.9BPRKS, PLAY, HGV, GDEN, PLYA
Q2 2024 5$2.1BPRKS, PLAY, HGV, GDEN, PLYA
Q1 2024 5$2.3BPRKS, PLAY, HGV, GDEN, PLYA