Orvieto Partners, L.P.

BOSTON, MA · CIK 2052484 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityORVIETO PARTNERS, L.P. (US)

Others nearbyBoston, MA

$132.6m reported value +13.5% vs Q1 2026

42positions

56.3%in top 10

6 new 12 added 10 reduced 8 sold out vs Q1 2026

Options: 0 call positions (— notional), 4 put positions ($21.0m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	CHURCHILL DOWNS INC COM CHDN	CHDN	145,120	$13.0m9.81%	9.81%	Added +49.4k	+49,420 51.6%
2	INTERNATIONAL GAME TECHNOLOG SHS USD BRSL	BRSL	837,820	$9.0m6.77%	6.77%	Added +84.2k	+84,224 11.2%
3	PENN ENTERTAINMENT INC COM PENN	PENN	403,400	$8.6m6.50%	6.50%	Reduced -240.0k	-240,000 -37.3%
4	WYNN RESORTS LTD COM WYNN	WYNN	82,000	$8.0m6.00%	6.00%	Added +57.0k	+57,000 228.0%
5	VAIL RESORTS INC COM MTN	MTN	58,000	$7.9m5.95%	5.95%	Added +18.0k	+18,000 45.0%
6	GAMING & LEISURE PPTYS INC COM GLPI	GLPI	133,874	$6.0m4.50%	4.50%	Unchanged
7	HYATT HOTELS CORP COM CL A H	H	30,000	$5.8m4.39%	4.39%	Unchanged
8	KIMBELL RTY PARTNERS LP UNIT KRP	KRP	397,554	$5.8m4.36%	4.36%	Unchanged
9	UNITED PARKS & RESORTS INC COM PRKS	PRKS	120,000	$5.7m4.32%	4.32%	Reduced -57.0k	-57,000 -32.2%
10	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	84,944	$4.9m3.70%	3.70%	Added +24.3k	+24,345 40.2%
11	MGM RESORTS INTERNATIONAL COM MGM	MGM	100,000	$4.8m3.61%	3.61%	Unchanged
12	IAC INC COM NEW PPLI	PPLI	95,000	$4.4m3.31%	3.31%	Reduced -75.0k	-75,000 -44.1%
13	WYNDHAM HOTELS & RESORTS INC COM WH	WH	50,000	$4.2m3.17%	3.17%	Added +15.0k	+15,000 42.9%
14	CAESARS ENTERTAINMENT INC NE COM CZR	CZR	135,000	$4.1m3.07%	3.07%	Reduced -22.1k	-22,111 -14.1%
15	RED ROCK RESORTS INC CL A RRR	RRR	55,000	$3.6m2.70%	2.70%	Added +5.0k	+5,000 10.0%
16	ALLIANCE RESOURCE PARTNERS L UT LTD PART ARLP	ARLP	149,064	$3.6m2.70%	2.70%	Unchanged
17	U HAUL HOLDING COMPANY COM UHAL	UHAL	51,418	$3.4m2.54%	2.54%	Reduced -27.8k	-27,785 -35.1%
18	ATLAS ENERGY SOLUTIONS INC COM NEW AESI	AESI	170,000	$2.8m2.13%	2.13%	Added +40.0k	+40,000 30.8%
19	NORWEGIAN CRUISE LINE HLDG L SHS NCLH	NCLH	100,000	$2.1m1.59%	1.59%	Added +20.0k	+20,000 25.0%
20	KODIAK GAS SVCS INC COM KGS	KGS	27,981	$2.1m1.59%	1.59%	Reduced -20.0k	-20,000 -41.7%
21	VIKING HOLDINGS LTD ORD SHS VIK	VIK	20,000	$2.1m1.58%	1.58%	Unchanged
22	ACCEL ENTERTAINMENT INC COM CL A1 ACEL	ACEL	158,838	$2.0m1.51%	1.51%	Added +25.0k	+25,000 18.7%
23	FULL HSE RESORTS INC COM FLL	FLL	714,897	$2.0m1.50%	1.50%	Unchanged
24	REPUBLIC AWYS HLDGS INC COM SHS RJET	RJET	82,602	$1.7m1.31%	1.31%	Reduced -34.4k	-34,387 -29.4%
25	SIX FLAGS ENTERTAINMENT CORP COM FUN	FUN	80,000	$1.7m1.28%	1.28%	Added +15.0k	+15,000 23.1%
26	PERSHING SQUARE USA LTD COM SHS PSUS	PSUS	40,000	$1.5m1.13%	1.13%	New
27	MADISON SQUARE GRDN SPRT COR CL A MSGS	MSGS	3,265	$1.3m0.99%	0.99%	Unchanged
28	VICI PPTYS INC COM VICI	VICI	49,145	$1.3m0.98%	0.98%	New
29	PELOTON INTERACTIVE INC CL A COM PTON	PTON	205,000	$1.2m0.91%	0.91%	New
30	NINE ENERGY SERVICE INC COMMON STOCK NINE	NINE	80,559	$1.0m0.79%	0.79%	New
31	SEADRILL LTD COM SDRL	SDRL	25,000	$945.5k0.71%	0.71%	Reduced -30.0k	-30,000 -54.5%
32	BOYD GAMING CORP COM BYD	BYD	10,000	$883.3k0.67%	0.67%	Unchanged
33	WHITEHAWK MINERALS CORP CL A WHK	WHK	30,000	$834.6k0.63%	0.63%	New
34	CARMAX INC COM KMX	KMX	15,000	$793.4k0.60%	0.60%	Added +5.0k	+5,000 50.0%
35	UBER TECHNOLOGIES INC COM UBER	UBER	10,000	$721.6k0.54%	0.54%	Reduced -5.0k	-5,000 -33.3%
36	BRAEMAR HOTELS & RESORTS INC 5.5 CUM CV PFD B BHR 5.5 PERP b	BHR 5.5 PERP b	50,000	$694.0k0.52%	0.52%	Unchanged
37	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	20,000	$665.8k0.50%	0.50%	Unchanged
38	CALIFORNIA RES CORP COM STOCK CRC	CRC	10,000	$528.7k0.40%	0.40%	New
39	LAS VEGAS SANDS CORP COM LVS	LVS	10,000	$461.9k0.35%	0.35%	Unchanged
40	BRAEMAR HOTELS & RESORTS INC COM BHR	BHR	99,380	$214.7k0.16%	0.16%	Reduced -50.0k	-50,000 -33.5%
41	GALIANO GOLD INC COM GAU	GAU	100,000	$187.0k0.14%	0.14%	Unchanged
42	TALOS ENERGY INC COM TALO	TALO	10,000	$129.1k0.10%	0.10%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
LYFT INC LYFT	LYFT	110,000	$1.5m110.0k shares
GOLDEN ENTMT INC GDEN	GDEN	54,485	$1.5m54.5k shares
MATCH GROUP INC NEW MTCH	MTCH	30,000	$921.3k30.0k shares
TOPGOLF CALLAWAY BRANDS CORP CALY	CALY	60,000	$832.8k60.0k shares
FLUTTER ENTMT PLC FLUT	FLUT	7,000	$713.6k7.0k shares
ECHOSTAR CORP ECHO	ECHO	5,000	$585.4k5.0k shares
LINDBLAD EXPEDITIONS HLDGS I LIND	LIND	13,780	$238.4k13.8k shares
HERTZ GLOBAL HLDGS INC HTZ	HTZ	20,000	$92.2k20.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	10,000	$7.5m10.0k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	10,000	$7.4m10.0k shares	New
UNITED STS OIL FD LP USO · Put	USO	Put	30,000	$3.2m30.0k shares	New
ISHARES TR IWM · Put	IWM	Put	10,000	$3.0m10.0k shares	New