Q2 2026 13F · SEC CIK 1676292
Hill Path Capital LP
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $1.9B
- Reported positions
- 7
- Top holdings a year, 3 yrs
- -9.8%
- Assets under management
- $3.4B
Hill Path Capital LP is a hedge fund that reported 7 positions worth $1.9B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were United Parks & Resorts Inc (PRKS, 67.7%), Hilton Grand Vacations Inc (HGV, 17.8%), Penn Entertainment Inc (PENN, 6.4%). A portfolio copying its top holdings returned -9.8% a year over the last 3 years, against 22.3% for the S&P 500.
Hill Path Capital LP holdings all 7 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. 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 |
|---|---|---|---|
| PRKSUnited Parks & Resorts Inc | 67.7% | +0.0% | $1.3B |
| HGVHilton Grand Vacations Inc | 17.8% | +0.0% | $340.9M |
| PENNPenn Entertainment Inc | 6.4% | +0.0% | $123.0M |
| PLAYDave & Busters Entmt Inc | 4.2% | +0.0% | $81.2M |
| ACELAccel Entertainment Inc | 1.8% | +0.0% | $35.2M |
| CARSCars.com Inc | 1.4% | +0.0% | $27.1M |
| VICIVici Pptys Inc | 0.6% | — | $11.2M |
What Hill Path Capital LP bought and sold in Q2 2026, against Q1 2026.
New positions
- VICI Vici Pptys Inc0.6% of 13F
Added to
No position grew by more than 5%.
Reduced
No position shrank by more than 5%.
Sold out
- GDEN Golden Entertainment, Inc.was 0.9%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -26.8% /yr
- S&P 500 +11.7%
- 3 years
- -9.8% /yr
- S&P 500 +22.3%
- 5 years
- -12.7% /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 |
|---|---|---|
| Q2 2026 | $1.9B | 7 |
| Q1 2026 | $1.4B | 7 |
| Q4 2025 | $1.6B | 7 |
| Q3 2025 | $2.0B | 8 |
| Q2 2025 | $1.9B | 8 |
| Q4 2024 | $2.0B | 5 |
| Q3 2024 | $1.9B | 5 |
| Q2 2024 | $2.1B | 5 |
| Q1 2024 | $2.3B | 5 |
| Q4 2023 | $2.2B | 6 |
| Q3 2023 | $1.8B | 6 |
| Q2 2023 | $2.2B | 6 |
Questions about Hill Path Capital LP's portfolio
What stocks does Hill Path Capital LP own?
Hill Path Capital LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 7 positions worth $1.9B. The largest are United Parks & Resorts Inc (PRKS) at 67.7%, Hilton Grand Vacations Inc (HGV) at 17.8%, Penn Entertainment Inc (PENN) at 6.4%, Dave & Busters Entmt Inc (PLAY) at 4.2% and Accel Entertainment Inc (ACEL) at 1.8%.
What did Hill Path Capital LP buy last quarter?
In Q2 2026, Hill Path Capital LP added a new position in Vici Pptys Inc (VICI), compared with its Q1 2026 filing.
What did Hill Path Capital LP sell last quarter?
In Q2 2026, Hill Path Capital LP sold all of Golden Entertainment, Inc. (GDEN), compared with its Q1 2026 filing.
How has Hill Path Capital LP's portfolio performed?
A portfolio copying Hill Path Capital LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned -9.8% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: -26.8% against +11.7%. Over 5 years: -12.7% a year against +10.6%.
When is Hill Path Capital LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Hill Path Capital LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Hill Path Capital LP manage?
Hill Path Capital LP reported $3.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.9B.