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Hill Path Capital LP

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13F filer, CIK 1676292, New York, NY

Hill Path Capital LP reported $2,040,083,775 across 8 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000921895-25-003093

Period
2025-09-30
Reported value
$2.04B
Holdings
8
Top 10 weight
100%
New
0
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
PENNadded+2,257,000$43.5M
CARSadded+468,000$5.72M

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

None.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0000921895-25-003093, largest first. % of portfolio is the value over $2,040,083,775, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
PRKSUNITED PARKS & RESORTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 27,205,306 shares; 2024Q4: 27,205,306 shares; 2025Q1: 27,205,306 shares; 2025Q2: 27,205,306 shares; 2025Q3: 27,205,306 shares 27,205,306$1.41B68.94%0Timeline
HGVHILTON GRAND VACATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,509,913 shares; 2024Q4: 6,509,913 shares; 2025Q1: 6,509,913 shares; 2025Q2: 6,509,913 shares; 2025Q3: 6,509,913 shares 6,509,913$272M13.34%0Timeline
PLAYDAVE & BUSTERS ENTMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,119,255 shares; 2024Q4: 7,119,255 shares; 2025Q1: 7,119,255 shares; 2025Q2: 7,119,255 shares; 2025Q3: 7,119,255 shares 7,119,255$129M6.34%0Timeline
PENNPENN ENTERTAINMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 3,502,820 shares; 2025Q3: 5,759,820 shares 5,759,820$111M5.44%+2,257,000Timeline
CALYCALLAWAY GOLF COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 4,685,985 shares; 2025Q3: 4,685,985 shares 4,685,985$44.5M2.18%0Timeline
ACELACCEL ENTERTAINMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,789,113 shares; 2025Q3: 2,789,113 shares 2,789,113$30.9M1.51%0Timeline
CARSCARS COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,013,032 shares; 2025Q3: 2,481,032 shares 2,481,032$30.3M1.49%+468,000Timeline
GDENGOLDEN ENTMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,069,376 shares; 2024Q4: 325,975 shares; 2025Q1: 113,475 shares; 2025Q2: 655,625 shares; 2025Q3: 655,625 shares 655,625$15.5M0.76%0Timeline

How Q3 2025 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 0000921895-25-003093 base2025-11-14acceptance time not in the bulk data set