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Hedge Fund - PAR Capital Management

Paul Reeder And Edward Shapiro Bio, Returns, Net Worth

Par Capital is a Boston-based private investment partnership that focuses mainly on travel and online media industries and manages over $2.5 billion in assets. Paul Reeder, 48 years old, started the hedge fund in 1990. Prior to founding Par Capital, Mr. Reeder worked as an airline analyst at Loomis Sayles & Co. Mr. Reeder holds a master’s degree from MIT’s Sloan School of Management and currently serves as President and Director at Par Capital.

Par Capital is a Boston-based private investment partnership that focuses mainly on travel and online media industries and manages over $2.5 billion in assets. Paul Reeder, 48 years old, started the hedge fund in 1990. Prior to founding Par Capital, Mr. Reeder worked as an airline analyst at Loomis Sayles & Co. Mr. Reeder holds a master’s degree from MIT’s Sloan School of Management and currently serves as President and Director at Par Capital.

In 1997, Edward Shapiro, 45 years old, joined the fund. Before joining Par Capital, Mr. Shapiro served as Vice President of Wellington Management Company between 1990 and 1997. Mr. Shapiro earned a BS in economics from University of Pennsylvania’s Wharton School of Business in 1986 and an MBA from UCLA’s Anderson School of Management in 1990 and currently serves as VP and Partner at Par Capital.

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Paul Reeder And Edward Shapiro
Fund Profile
Filing Period:
Fund Name: PAR Capital Management
Manager Paul Reeder And Edward Shapiro
Portfolio Value $6,924,907,000
Change This QTR +99.00%
Fund Holdings Sector Distribution
Filing Period:
Last update:
No. Security Ticker Shares Value (x$1000) Activity % Port
1. UAL 16,294,711 $854,983 12.34%
2. EXPE 7,100,027 $828,715 11.96%
3. DAL 11,465,809 $451,294 6.51%
4. CI 3,017,739 $393,272 5.67%
5. ALK 4,552,364 $299,819 4.32%
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