HG Vora Capital Management, LLC
โขCIK: 1525362โขFiling: Q4 2025
**HG Vora Capital Management, LLC** manages $265M across a concentrated portfolio of seven positions. The fund exhibits significant conviction in its top holdings, led by PENN, representing $92.2M, followed by DRVN at $77.8M. These top two names alone account for over 70% of the disclosed assets. The remaining allocation is diversified across FAF ($41.5M) and other strategic names, signaling a focused, high-conviction investment mandate.
Total AUM
$264.9M
QoQ Performance
-64.1%
Positions
7
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
PENN
DRVN
FAF
NVRI
EQH
PENN34.8%
DRVN29.4%
FAF15.7%
NVRI8.5%
EQH7.2%
FOSL3.1%
OPTU1.4%
๐ Biggest Buys
FOSL
FOSSIL GROUP INC
NEW
3.1% of portfolio
๐ Biggest Sells
Sector Breakdown
Other100.0%
๐ช Exited Positionssold since Q3 2025
+3 more exited positions
Changes from Q3 2025
NEW1 new position
โ6 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023