Managers / Q2 2025 · view latest →
PERRY CREEK CAPITAL LP
CIK 0001769704 · 150 EAST 58TH STREET, FL 17, NEW YORK, NY, 10155 · 212-356-6051
Summary
Perry Creek Capital LP reported $187M in U.S.-listed holdings across 11 positions for Q2 2025.
The portfolio is heavily concentrated: FAF alone accounts for 33.1% of reported value.
Compared with Q1 2025, the fund opened 2 new positions and exited 1.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 72.7% · $136M
- REIT · 26.6% · $50M
- Other · 0.7% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MTNVAIL RESORTS INC | NEW | +76.2K | 76.2K | +$12M | $12M |
| PROCAP ACQUISITION CORP | NEW | +125.0K | 125.0K | +$1M | $1M |
| SABRE GLBL INC | SOLD OUT | −1.00M | 0 | −$998,290 | $0 |
| OUTOUTFRONT MEDIA INC | HELD | −70.0K | 1.87M | −$794,047 | $30M |
| PFGCPERFORMANCE FOOD GROUP CO | HELD | +0 | 505.3K | +$4M | $44M |
| FAFFIRST AMERN FINL CORP | HELD | +0 | 1.01M | −$4M | $62M |
| GOOGLALPHABET INC | HELD | +0 | 51.8K | +$1M | $9M |
| PKPARK HOTELS & RESORTS INC | HELD | +0 | 1.76M | −$792,937 | $18M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | FAFFIRST AMERN FINL CORPhistory → | COM | 33.13% | $62M | 1.01M |
| 2 | PFGCPERFORMANCE FOOD GROUP COhistory → | COM | 23.64% | $44M | 505.3K |
| 3 | OUTOUTFRONT MEDIA INChistory → | COM NEW | 16.28% | $30M | 1.87M |
| 4 | PKPARK HOTELS & RESORTS INChistory → | COM | 9.64% | $18M | 1.76M |
| 5 | MTNVAIL RESORTS INChistory → | COM | 6.41% | $12M | 76.2K |
| 6 | GOOGLALPHABET INChistory → | CAP STK CL A | 4.89% | $9M | 51.8K |
| 7 | SABRSABRE CORPhistory → | COM | 2.75% | $5M | 1.63M |
| 8 | AMTBAMERANT BANCORP INChistory → | CL A | 1.91% | $4M | 196.1K |
| 9 | PROCAP ACQUISITION CORP | UNIT 05/16/2030 | 0.72% | $1M | 125.0K |
| 10 | PEBPEBBLEBROOK HOTEL TR | COM | 0.39% | $730,469 | 73.1K |
| 11 | CLDTCHATHAM LODGING TR | COM | 0.24% | $453,127 | 65.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $160M | 12 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $167M | 13 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $173M | 12 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $187M | 11 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $175M | 10 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $193M | 11 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $236M | 12 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $212M | 13 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $238M | 13 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $258M | 14 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $261M | 15 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $312M | 16 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $318M | 16 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $342M | 16 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $327M | 18 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $435M | 20 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $618M | 24 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $633M | 24 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $706M | 27 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $742M | 25 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $655M | 22 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020REVEALED | $635M | 24 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.