Skip to content
Disclosery

HG Vora Capital Management, LLC

Follow

13F filer, CIK 1525362, NEW YORK, NY

HG Vora Capital Management, LLC reported $190,792,039 across 7 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-15.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001214659-26-006482

Period
2026-03-31
Reported value
$191M
Holdings
7
Top 10 weight
100%
New
2
Sold out
2

Largest buys vs the previous quarter

SecurityShares changeApprox. value
PRKSnew+600,000$19.6M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
DRVNreduced-4,300,000-$54.2M
NVRIexited-1,250,000-$22.4M
EQHexited-400,000-$19.1M
PENNreduced-575,000-$8.64M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2026

Share positions as resolved from 13F-HR 0001214659-26-006482, largest first. % of portfolio is the value over $190,792,039, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
PENNPENN ENTERTAINMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 14,500,000 shares; 2024Q4: 14,500,000 shares; 2025Q1: 7,250,000 shares; 2025Q2: 7,250,000 shares; 2025Q3: 7,250,000 shares; 2025Q4: 6,250,000 shares; 2026Q1: 5,675,000 shares 5,675,000$85.3M44.71%-575,000Timeline
FAFFIRST AMERN FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 3,800,000 shares; 2024Q4: 3,345,000 shares; 2025Q1: 2,175,000 shares; 2025Q2: 1,400,000 shares; 2025Q3: 1,025,000 shares; 2025Q4: 675,000 shares; 2026Q1: 675,000 shares 675,000$40.7M21.33%0Timeline
PRKSUNITED PARKS & RESORTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,300,000 shares; 2024Q4: 500,000 shares; 2025Q1: 1,400,000 shares; 2025Q2: 1,600,000 shares; 2025Q3: 425,000 shares; 2025Q4: not reported; 2026Q1: 600,000 shares 600,000$19.6M10.27%newTimeline
DRVNDRIVEN BRANDS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 7,550,000 shares; 2024Q4: 7,400,000 shares; 2025Q1: 6,250,000 shares; 2025Q2: 5,700,000 shares; 2025Q3: 5,600,000 shares; 2025Q4: 5,250,000 shares; 2026Q1: 950,000 shares 950,000$12M6.28%-4,300,000Timeline
FOSLFOSSIL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 2,163,349 shares; 2026Q1: 2,163,349 shares 2,163,349$9.32M4.89%0Timeline
OPTUOPTIMUM COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,700,000 shares; 2025Q2: 3,225,000 shares; 2025Q3: 3,100,000 shares; 2025Q4: 2,300,000 shares; 2026Q1: 2,300,000 shares 2,300,000$2.99M1.57%0Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
UGI CORP NEWUGI CORP NEW NOTE 5.000% 6/0principal14,878,000$20.9Mnew

Sold out in Q1 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
NVRIENVIRI CORP1,250,000$22.4Mshares
EQHEQUITABLE HLDGS INC400,000$19.1Mshares

How Q1 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001214659-26-006482 base2026-05-15acceptance time not in the bulk data set