Q1 2026 13F · SEC CIK 1525362
HG Vora Capital Management, LLC
Hedge fundFiled 2026-05-15 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $169.9M
- Reported positions
- 6
- Top holdings a year, 3 yrs
- +7.0%
- Assets under management
- $5.9B
HG Vora Capital Management, LLC is a hedge fund that reported 6 positions worth $169.9M in its Q1 2026 13F, filed 2026-05-15. Its largest holdings were Penn Entertainment Inc (PENN, 50.2%), First American Financial (FAF, 24.0%), United Parks & Resorts Inc (PRKS, 11.5%). A portfolio copying its top holdings returned 7.0% a year over the last 3 years, against 22.3% for the S&P 500.
HG Vora Capital Management, LLC holdings all 6 positions.
Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| PENNPenn Entertainment Inc | 50.2% | -9.2% | $85.3M |
| FAFFirst American Financial | 24.0% | +0.0% | $40.7M |
| PRKSUnited Parks & Resorts Inc | 11.5% | — | $19.6M |
| DRVNDriven Brands Hldgs Inc | 7.1% | -81.9% | $12.0M |
| FOSLFossil Group Inc | 5.5% | +0.0% | $9.3M |
| ATUSOptimum Communications Inc | 1.8% | +0.0% | $3.0M |
What HG Vora Capital Management, LLC bought and sold in Q1 2026, against Q4 2025.
New positions
- PRKS United Parks & Resorts Inc11.5% of 13F
Added to
No position grew by more than 5%.
Reduced
- DRVN Driven Brands Hldgs Inc-81.9% shares
- PENN Penn Entertainment Inc-9.2% shares
Sold out
- HSC Enviri Corpwas 8.5%
- EQH Equitable Hldgs Incwas 7.2%
Share counts compared with the Q4 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -2.4% /yr
- S&P 500 +11.7%
- 3 years
- +7.0% /yr
- S&P 500 +22.3%
- 5 years
- -2.5% /yr
- S&P 500 +10.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $169.9M | 6 |
| Q4 2025 | $264.9M | 7 |
| Q3 2025 | $738.0M | 14 |
| Q2 2025 | $907.9M | 16 |
| Q1 2025 | $978.5M | 13 |
| Q4 2024 | $1.3B | 10 |
| Q3 2024 | $1.4B | 10 |
| Q2 2024 | $1.5B | 10 |
| Q1 2024 | $1.7B | 12 |
| Q4 2023 | $2.0B | 11 |
| Q3 2023 | $1.9B | 13 |
| Q2 2023 | $2.3B | 12 |
Questions about HG Vora Capital Management, LLC's portfolio
What stocks does HG Vora Capital Management, LLC own?
HG Vora Capital Management, LLC's latest 13F, for Q1 2026 and filed May 15, 2026, lists 6 positions worth $169.9M. The largest are Penn Entertainment Inc (PENN) at 50.2%, First American Financial (FAF) at 24.0%, United Parks & Resorts Inc (PRKS) at 11.5%, Driven Brands Hldgs Inc (DRVN) at 7.1% and Fossil Group Inc (FOSL) at 5.5%.
What did HG Vora Capital Management, LLC buy last quarter?
In Q1 2026, HG Vora Capital Management, LLC added a new position in United Parks & Resorts Inc (PRKS), compared with its Q4 2025 filing.
What did HG Vora Capital Management, LLC sell last quarter?
In Q1 2026, HG Vora Capital Management, LLC sold all of Enviri Corp (HSC), sold all of Equitable Hldgs Inc (EQH), Driven Brands Hldgs Inc (DRVN) (-81.9% shares) and Penn Entertainment Inc (PENN) (-9.2% shares), compared with its Q4 2025 filing.
How has HG Vora Capital Management, LLC's portfolio performed?
A portfolio copying HG Vora Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +7.0% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: -2.4% against +11.7%. Over 5 years: -2.5% a year against +10.6%.
When is HG Vora Capital Management, LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. HG Vora Capital Management, LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.
How much money does HG Vora Capital Management, LLC manage?
HG Vora Capital Management, LLC reported $5.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $169.9M.