DOSSIER · 13F-HR · Q1 2026

HG Vora Capital Management, LLC

$191M in tracked AUM across 7 positions as of Q1 2026.

HV
CIK 0001525362 · last filed Mar 31, 2026
Total AUM
$191M
as of Q1 2026
Holdings
7
positions
Whale Score
69
69
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026

Portfolio Overview

As of the report date September 30, 2025, HG Vora Capital Management, LLC reported a total portfolio value of $387.31 million, spread across exactly 8 holdings. This represents a dramatic contraction in assets under management (AUM) of 57.3%, down from $907.88 million in the previous quarter. The reduction is driven not only by market performance but by significant capital reallocation decisions. The portfolio is characterized by an exceptionally high concentration level;...

Key Holdings

The portfolio is heavily anchored in the consumer cyclical sector, with the top two positions dominating the landscape:

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
PENN
PENN ENTERTAINMENT INC
$85M5.7M44.7%
02
FAF
FIRST AMERN FINL CORP
$41M675K21.3%
03
UGI 5 06/01/28
UGI CORP NEW
$21M14.9M11.0%
04
PRKS
UNITED PARKS & RESORTS INC
$20M600K10.3%
05
DRVN
DRIVEN BRANDS HLDGS INC
$12M950K6.3%
06
FOSL
FOSSIL GROUP INC
$9M2.2M4.9%
07
OPTU
OPTIMUM COMMUNICATIONS INC
$3M2.3M1.6%

Filing history

2026Q1Mar 31
$191M 28.0%
7 positionsView →
2025Q4Dec 31
$265M 31.6%
7 positionsView →
2025Q3Sep 30
$387M 57.3%
8 positionsView →
2025Q2Jun 30
$908M 92.9%
16 positionsLocked
2025Q1Mar 31
$471M 64.5%
6 positionsLocked
2024Q4Dec 31
$1.3B 2.8%
10 positionsLocked
2024Q3Sep 30
$1.4B 11.4%
10 positionsLocked
2024Q2Jun 30
$1.5B 11.7%
10 positionsLocked
2024Q1Mar 31
$1.7B 10.8%
13 positionsLocked
2023Q4Dec 31
$2.0B 38.1%
12 positionsLocked
2023Q3Sep 30
$3.2B 10.2%
16 positionsLocked
2023Q2Jun 30
$3.5B 1.5%
14 positionsLocked
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