Knighthead Capital Management, LLC Hedge Fund

Name: Knighthead Capital Management, LLC Q4 2024 13F Filing | 13F Explorer
Creator: Knighthead Capital Management, LLC
Published: 2025-02-14

Location: NEW YORK, NY

CIK: 0001512397 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value: $2.102B (99.7% shares, 0.3% debt)

Holdings (8)

HTZ HERTZ GLOBAL HLDGS INC 31.6%

Value $664M Shares 181,455,469 Est. Cost $25.48 Unrealized -85.8%

UP WHEELS UP EXPERIENCE INC 20.3%

Value $426M Shares 258,169,208 Est. Cost $1.95 Unrealized +7.7%

IWM ISHARES TR 15.8%

Value $331M Shares 1,500,000 Est. Cost $220.89 Unrealized —

HYG ISHARES TR 15.0%

Value $315M Shares 4,000,000 Est. Cost $80.30 Unrealized —

SPY SPDR S&P 500 ETF TR 13.9%

Value $293M Shares 500,000 Est. Cost $573.76 Unrealized —

— GLOBAL BLUE GROUP HOLDING AG 3.1%

Value $64.36M Shares 9,286,969 Est. Cost $4.78 Unrealized —

— BRAEMAR HOTELS & RESORTS INC 0.3%

Value $5.944M Shares 6,500,000 Est. Cost $0.97 Unrealized —

SATS ECHOSTAR CORP 0.1%

Value $2.862M Shares 125,000 Est. Cost $21.05 Unrealized +15.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HTZ	HERTZ GLOBAL HLDGS INC	181,455,469	$664M	31.6%	$25.48	-85.8%	COM NEW	42806J700
UP	WHEELS UP EXPERIENCE INC	258,169,208	$426M	20.3%	$1.95	+7.7%	COM CL A	96328L205
IWM	ISHARES TR	1,500,000	$331M	15.8%	$220.89	—	Put	464287655
HYG	ISHARES TR	4,000,000	$315M	15.0%	$80.30	—	Put	464288513
SPY	SPDR S&P 500 ETF TR	500,000	$293M	13.9%	$573.76	—	Put	78462F103
—	GLOBAL BLUE GROUP HOLDING AG	9,286,969	$64.36M	3.1%	$4.78	—	ORD SHS	H33700107
—	BRAEMAR HOTELS & RESORTS INC	6,500,000	$5.944M	0.3%	$0.97	—	NOTE 4.500% 6/0	10482BAB7
SATS	ECHOSTAR CORP	125,000	$2.862M	0.1%	$21.05	+15.1%	CL A	278768106