CARRONADE CAPITAL MANAGEMENT, LP
Follow13F filer, CIK 1866872, DARIEN, CT
CARRONADE CAPITAL MANAGEMENT, LP reported $1,518,495,000 across 32 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 76.9% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001866872-24-000017
- Period
- 2024-09-30
- Reported value
- $1.52B
- Holdings
- 32
- Top 10 weight
- 76.9%
- New
- 8
- Sold out
- 7
Part of the filer group CARRONADE CAPITAL MANAGEMENT, LP
CARRONADE CAPITAL GP, LLCCARRONADE CAPITAL MANAGEMENT GP, LLC
- CARRONADE CAPITAL GP, LLC
- CARRONADE CAPITAL MANAGEMENT GP, LLC
- Carronade Capital Master, LP
- GROPPER DAN
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TLNnew | +400,000 | $71.3M |
| FYBRnew | +1,151,721 | $40.9M |
| CNNEnew | +704,263 | $13.4M |
| BKDnew | +1,529,834 | $10.4M |
| VISNnew | +1,261,100 | $7.71M |
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.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| BKLNreduced | -3,429,608 | -$72.1M |
| DISH NETWORK CORPORATIONreduced | -15,000,000 | -$13M |
| EBSexited | -550,597 | -$3.75M |
| BHCexited | -62,841 | -$438K |
| EXEELreduced | -200 | -$13K |
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, Q3 2024
Share positions as resolved from 13F-HR 0001866872-24-000017, largest first. % of portfolio is the value over $372,840,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| TLNTALEN ENERGY CORP | 400,000 | $71.3M | 19.12% | new | Timeline | ||
| FYBRFRONTIER COMMUNICATIONS PARE | 1,151,721 | $40.9M | 10.98% | new | Timeline | ||
| EXEELCHESAPEAKE ENERGY CORP -CW26 | 456,802 | $29.8M | 7.99% | -200 | Timeline | ||
| GBTGGLOBAL BUSINESS TRAVEL GROUP | 3,583,320 | $27.6M | 7.39% | +383,249 | Timeline | ||
| TRANSOCEAN INCTRANSOCEAN INC | 22,500,000 | $24.9M | 6.69% | 0 | |||
| BKLNINVESCO EXCH TRADED FD TR II | 1,150,000 | $24.2M | 6.48% | -3,429,608 | Timeline | ||
| GEOGEO GROUP INC | 1,701,935 | $21.9M | 5.87% | +301,774 | Timeline | ||
| CTRICENTURI HOLDINGS INC | 1,196,791 | $19.3M | 5.18% | +91,491 | Timeline | ||
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 15,490,000 | $13.4M | 3.6% | -15,000,000 | |||
| CNNECANNAE HLDGS INC | 704,263 | $13.4M | 3.6% | new | 2026-10-01, 13D/A: 3,533,733 shares, 8.8% of the class, 13D/A filed 2026-10-05 | Timeline | |
| BKDBROOKDALE SR LIVING INC | 1,529,834 | $10.4M | 2.79% | new | Timeline | ||
| ONYX ACQUISITION CO IONYX ACQUISITION CO I | 814,082 | $9.21M | 2.47% | 0 | |||
| CPTCAMDEN PPTY TR | 69,162 | $8.54M | 2.29% | 0 | Timeline | ||
| UDRUDR INC | 185,241 | $8.4M | 2.25% | 0 | Timeline | ||
| AVBAVALONBAY CMNTYS INC | 36,972 | $8.33M | 2.23% | 0 | Timeline | ||
| VMRKVIVMARK RESIDENTIAL | 109,626 | $8.16M | 2.19% | 0 | Timeline | ||
| VISNVISTANCE NETWORKS INC | 1,261,100 | $7.71M | 2.07% | new | Timeline | ||
| VALWSVALARIS LTD | 686,633 | $5.77M | 1.55% | 0 | Timeline | ||
| OPTUOPTIMUM COMMUNICATIONS INC | 1,888,450 | $4.65M | 1.25% | +1,630,678 | Timeline | ||
| MAAMID-AMER APT CMNTYS INC | 27,331 | $4.34M | 1.16% | 0 | Timeline | ||
| ESSESSEX PPTY TR INC | 13,665 | $4.04M | 1.08% | 0 | Timeline | ||
| VALVALARIS LTD | 57,500 | $3.21M | 0.86% | +7,500 | Timeline | ||
| BROOKDALE SR LIVING INCBROOKDALE SR LIVING INC | 2,000,000 | $2.08M | 0.56% | new | |||
| SBGISINCLAIR INC | 85,000 | $1.3M | 0.35% | new | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 700,000 | $402M | -700,000 |
| IWMISHARES TR SHS | put | 1,750,000 | $387M | -250,000 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 500,000 | $287M | 0 |
| FYBRFRONTIER COMMUNICATIONS PARE COM | put | 700,000 | $24.9M | 0 |
| MPTMEDICAL PROPERTIES TRUST INC REIT | call | 4,000,000 | $23.4M | 0 |
| KSSKOHLS CORP COM | put | 640,000 | $13.5M | 0 |
| FYBRFRONTIER COMMUNICATIONS PARE COM | call | 149,900 | $5.33M | new |
| OPTUOPTIMUM COMMUNICATIONS INC CL A | call | 1,400,000 | $3.44M | 0 |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| RSPINVESCO EXCHANGE TRADED FD T | 200,000 | $32.9M | put |
| RSPINVESCO EXCHANGE TRADED FD T | 200,000 | $32.9M | call |
| XLESELECT SECTOR SPDR TR | 300,000 | $27.3M | put |
| VSATVIASAT INC | 650,000 | $8.26M | put |
| EBSEMERGENT BIOSOLUTIONS INC | 550,597 | $3.75M | shares |
| BHCBAUSCH HEALTH COS INC | 400,000 | $2.79M | call |
| BHCBAUSCH HEALTH COS INC | 62,841 | $438K | shares |
How Q3 2024 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).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001866872-24-000017 | base | 2024-11-14 | acceptance time not in the bulk data set |