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Hill Path Capital LP

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13F filer, CIK 1676292, New York, NY

Hill Path Capital LP reported $1,554,044,650 across 7 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000921895-26-000465

Period
2025-12-31
Reported value
$1.55B
Holdings
7
Top 10 weight
100%
New
0
Sold out
1

Largest buys vs the previous quarter

None.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
CALYexited-4,685,985-$44.5M
GDENreduced-187,784-$5.11M

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, Q4 2025

Share positions as resolved from 13F-HR 0000921895-26-000465, largest first. % of portfolio is the value over $1,554,044,650, 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; 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; 2025Q4: 27,205,306 shares 27,205,306$988M63.55%0Timeline
HGVHILTON GRAND VACATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 6,509,913 shares 6,509,913$291M18.75%0Timeline
PLAYDAVE & BUSTERS ENTMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 7,119,255 shares 7,119,255$115M7.43%0Timeline
PENNPENN ENTERTAINMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 3,502,820 shares; 2025Q3: 5,759,820 shares; 2025Q4: 5,759,820 shares 5,759,820$85M5.47%0Timeline
ACELACCEL ENTERTAINMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,789,113 shares; 2025Q3: 2,789,113 shares; 2025Q4: 2,789,113 shares 2,789,113$31.8M2.05%0Timeline
CARSCARS COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,013,032 shares; 2025Q3: 2,481,032 shares; 2025Q4: 2,481,032 shares 2,481,032$30.3M1.95%0Timeline
GDENGOLDEN ENTMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 467,841 shares 467,841$12.7M0.82%-187,784Timeline

Sold out in Q4 2025

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

SecurityShares beforeValue beforeType
CALYCALLAWAY GOLF CO4,685,985$44.5Mshares

How Q4 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 0000921895-26-000465 base2026-02-17acceptance time not in the bulk data set