Orvieto Partners, L.P.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Orvieto Partners, L.P. reported 38 stock positions worth $112.5 million. Its top holding was Penn Entertainment (PENN) at 9.8% of the portfolio, followed by Churchill Downs (CHDN, 9.3%) and Brightstar Lottery (BRSL, 8.4%). Compared with Q1 2025, it opened 4 new positions, sold out of 3, added to 12 and reduced 12. The biggest buy was Churchill Downs (CHDN, shares +167%) and the biggest sale Kodiak Gas Services (KGS, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0002052484
- Portfolio Value
- $112.5M (Q2 2025)
- SEC Filing
- 0001085146-25-005017 ↗ filed Aug 13, 2025
Holdings Value
Holdings 38 stocks · $112.5M
| PENN Penn Entertainment Inc. | 9.85% | 620,000 | $11.1M | Add +40.9% |
| CHDN Churchill Downs Inc. | 9.33% | 103,900 | $10.5M | Add +167.1% |
| BRSL Brightstar Lottery PLC filed as INTERNATIONAL GAME TECHNOLOG | 8.37% | 595,218 | $9.4M | Add +19.0% |
| KGS Kodiak Gas Services Inc. | 5.81% | 190,681 | $6.5M | Reduce -35.2% |
| KRP Kimbell Royalty Partners LP | 5.72% | 460,659 | $6.4M | Reduce -3.2% |
| FUN Six Flags Entertainment Corp. | 5.13% | 189,453 | $5.8M | Add +15.2% |
| WYNN WYNN Resorts Ltd. | 4.58% | 55,000 | $5.2M | Add +10.0% |
| UHAL.B U-Haul Holding Co.-Non Voting | 4.37% | 90,402 | $4.9M | Add +57.9% |
| TTSH Tile Shop Hldgs Inc. | 4.19% | 741,165 | $4.7M | No change |
| SDRL Seadrill Limited | 4.19% | 179,500 | $4.7M | Add +16.3% |
| PRKS United Parks & Resorts Inc. | 3.44% | 82,000 | $3.9M | Add +22.4% |
| BYD Boyd Gaming Corp. | 2.78% | 40,000 | $3.1M | No change |
| H Hyatt Hotels Corp. Class A | 2.48% | 20,000 | $2.8M | New |
| GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED | 2.33% | 220,000 | $2.6M | No change |
| FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC | 2.29% | 704,797 | $2.6M | Add +3.6% |
| GLPI Gaming and Leisure Propertie | 2.08% | 50,000 | $2.3M | Reduce -16.7% |
| MCRI Monarch Casino & Resort Inc. | 1.94% | 25,206 | $2.2M | No change |
| LVS Las Vegas Sands Corp. | 1.93% | 50,000 | $2.2M | Add +11.1% |
| LYFT LYFT Inc. Class A | 1.82% | 130,000 | $2.0M | Add +18.2% |
| CZR Caesars Entertainment Inc. | 1.79% | 70,847 | $2.0M | Reduce -60.8% |
| CNK Cinemark Holdings Inc. | 1.74% | 65,000 | $2.0M | Reduce -23.5% |
| CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP | 1.25% | 175,000 | $1.4M | No change |
| UBER Uber Technologies Inc. | 1.24% | 15,000 | $1.4M | New |
| CRC California Resources Corp. | 1.22% | 30,000 | $1.4M | Add +20.0% |
| BHR Braemar Hotels & Resorts Inc. | 1.11% | 510,581 | $1.3M | No change |
| VIK Viking Holdings Ltd. | 0.95% | 20,000 | $1.1M | No change |
| ACEL Accel Entertainment Inc. | 0.92% | 88,077 | $1.0M | Reduce -76.2% |
| MGM MGM Resorts International | 0.92% | 30,000 | $1.0M | Reduce -70.0% |
| MTCH Match Group Inc. | 0.82% | 30,000 | $927K | Reduce -14.3% |
| IBIT iShares Bitcoin Trust ETF | 0.82% | 15,000 | $918K | No change |
| TALO Talos Energy Inc. | 0.81% | 107,900 | $915K | No change |
| FLOC Flowco Holdings Inc. Class A | 0.79% | 50,000 | $891K | Reduce -66.7% |
| AESI Atlas Energy Solutions Inc. | 0.71% | 60,000 | $802K | New |
| EVRI Everi Holdings Inc. | 0.70% | 55,068 | $784K | Reduce -45.0% |
| UHAL U-Haul Holding Co. | 0.59% | 11,000 | $666K | No change |
| MESA AIR GROUP INC | 0.39% | 477,194 | $444K | New |
| ECHO Echostar Corp. Class A | 0.37% | 15,000 | $416K | Reduce -50.0% |
| TNL Travel + Leisure Co. | 0.23% | 5,000 | $258K | Reduce -80.0% |
Portfolio Sells Q1 2025 → Q2 2025
| KGS Kodiak Gas Services Inc. | Reduce -35.2% | 5.81% | −3.82 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −3.68 |
| FLOC Flowco Holdings Inc. Class A | Reduce -66.7% | 0.79% | −2.58 |
| ACEL Accel Entertainment Inc. | Reduce -76.2% | 0.92% | −2.30 |
| CZR Caesars Entertainment Inc. | Reduce -60.8% | 1.79% | −2.18 |
| ARLP Alliance Resource Partners | Sold out | 0.00% | −1.88 |
| MGM MGM Resorts International | Reduce -70.0% | 0.92% | −1.68 |
| TNL Travel + Leisure Co. | Reduce -80.0% | 0.23% | −0.79 |
| GLPI Gaming and Leisure Propertie | Reduce -16.7% | 2.08% | −0.60 |
| NFE New Fortress Energy Inc. | Sold out | 0.00% | −0.58 |
| EVRI Everi Holdings Inc. | Reduce -45.0% | 0.70% | −0.50 |
| ECHO Echostar Corp. Class A | Reduce -50.0% | 0.37% | −0.30 |
| MTCH Match Group Inc. | Reduce -14.3% | 0.82% | −0.13 |
| KRP Kimbell Royalty Partners LP | Reduce -3.2% | 5.72% | −0.13 |
| CNK Cinemark Holdings Inc. | Reduce -23.5% | 1.74% | −0.11 |
Portfolio Buys Q1 2025 → Q2 2025
| CHDN Churchill Downs Inc. | Add +167.1% | 9.33% | +5.54 |
| PENN Penn Entertainment Inc. | Add +40.9% | 9.85% | +3.56 |
| H Hyatt Hotels Corp. Class A | New | 2.48% | +2.48 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +57.9% | 4.37% | +1.40 |
| UBER Uber Technologies Inc. | New | 1.24% | +1.24 |
| BRSL Brightstar Lottery PLC | Add +19.0% | 8.37% | +1.23 |
| WYNN WYNN Resorts Ltd. | Add +10.0% | 4.58% | +0.92 |
| SDRL Seadrill Limited | Add +16.3% | 4.19% | +0.80 |
| PRKS United Parks & Resorts Inc. | Add +22.4% | 3.44% | +0.77 |
| AESI Atlas Energy Solutions Inc. | New | 0.71% | +0.71 |
| LYFT LYFT Inc. Class A | Add +18.2% | 1.82% | +0.68 |
| LVS Las Vegas Sands Corp. | Add +11.1% | 1.93% | +0.41 |
| MESA AIR GROUP INC | New | 0.39% | +0.39 |
| CRC California Resources Corp. | Add +20.0% | 1.22% | +0.25 |
| FUN Six Flags Entertainment Corp. | Add +15.2% | 5.13% | −0.02 |
| FLL Full House Resorts Inc. | Add +3.6% | 2.29% | −0.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 41 | $131.9M | CHDN, BRSL, PENN, WYNN, MTN |
| Q1 2026 | 43 | $116.1M | PENN, BRSL, CHDN, PPLI, GLPI |
| Q4 2025 | 41 | $120.3M | BRSL, CHDN, PENN, KGS, UHAL |
| Q3 2025 | 40 | $118.0M | BRSL, PENN, KGS, CHDN, WYNN |
| Q2 2025 | 38 | $112.5M | PENN, CHDN, BRSL, KGS, KRP |
| Q1 2025 | 37 | $114.0M | KGS, BRSL, PENN, KRP, FUN |
| Q4 2024 | 35 | $118.6M | KGS, BRSL, FUN, PENN, KRP |