CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001866872 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $411,554 (75.0% shares, 25.0% debt)

Holdings (18)

XLE SELECT SECTOR SPDR TR 15.8%

Value ($000) $64,936 Shares 800,000 Est. Cost — Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 10.9%

Value ($000) $44,892 Shares 300,000 Est. Cost — Unrealized —

— DISH NETWORK CORPORATION 9.7%

Value ($000) $40,050 Shares 45,000,000 Est. Cost $0.89 Unrealized —

— TRANSOCEAN INC 8.8%

Value ($000) $36,209 Shares 22,500,000 Est. Cost $1.00 Unrealized —

EXEEL CHESAPEAKE ENERGY CORP 7.2%

Value ($000) $29,542 Shares 456,252 Est. Cost $50.19 Unrealized —

SWX SOUTHWEST GAS HLDGS INC 6.8%

Value ($000) $27,788 Shares 436,568 Est. Cost $74.72 Unrealized -20.9%

— AURORA CANNABIS INC 6.5%

Value ($000) $26,755 Shares 27,582,000 Est. Cost $0.85 Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 5.8%

Value ($000) $23,838 Shares 3,297,158 Est. Cost $5.85 Unrealized +16.5%

FE FIRSTENERGY CORP 4.7%

Value ($000) $19,440 Shares 500,000 Est. Cost — Unrealized —

FE FIRSTENERGY CORP 4.7%

Value ($000) $19,440 Shares 500,000 Est. Cost — Unrealized —

HTZ HERTZ GLOBAL HLDGS INC 3.8%

Value ($000) $15,448 Shares 840,000 Est. Cost $22.07 Unrealized -25.7%

HTZWW HERTZ GLOBAL HLDGS INC 3.6%

Value ($000) $14,949 Shares 1,481,597 Est. Cost $14.89 Unrealized —

— ONYX ACQUISITION CO I 2.6%

Value ($000) $10,810 Shares 1,000,000 Est. Cost $10.52 Unrealized —

VAL/WS VALARIS LIMITED 2.5%

Value ($000) $10,431 Shares 988,688 Est. Cost $5.48 Unrealized —

— COMPANHIA BRASILEIRA DE DIST 2.2%

Value ($000) $9,009 Shares 2,340,000 Est. Cost $2.94 Unrealized —

MPT MEDICAL PPTYS TRUST INC 1.8%

Value ($000) $7,269 Shares 785,000 Est. Cost — Unrealized —

SPHR SPHERE ENTERTAINMENT CO 1.3%

Value ($000) $5,478 Shares 200,000 Est. Cost $26.52 Unrealized 0.0%

PSEC PROSPECT CAP CORP 1.3%

Value ($000) $5,270 Shares 850,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XLE	SELECT SECTOR SPDR TR	800,000	$64,936	15.8%	—	—	Put	81369Y506
RSP	INVESCO EXCHANGE TRADED FD T	300,000	$44,892	10.9%	—	—	Put	46137V357
—	DISH NETWORK CORPORATION	45,000,000	$40,050	9.7%	$0.89	—	NOTE 2.375% 3/1	25470MAD1
—	TRANSOCEAN INC	22,500,000	$36,209	8.8%	$1.00	—	DEB 4.000%12/1	893830BT5
EXEEL	CHESAPEAKE ENERGY CORP	456,252	$29,542	7.2%	$50.19	—	*W EXP 02/09/202	165167180
SWX	SOUTHWEST GAS HLDGS INC	436,568	$27,788	6.8%	$74.72	-20.9%	COM	844895102
—	AURORA CANNABIS INC	27,582,000	$26,755	6.5%	$0.85	—	NOTE 5.500% 2/2	05156XAG3
GBTG	GLOBAL BUSINESS TRAVEL GROUP	3,297,158	$23,838	5.8%	$5.85	+16.5%	COM CL A	37890B100
FE	FIRSTENERGY CORP	500,000	$19,440	4.7%	—	—	Put	337932107
FE	FIRSTENERGY CORP	500,000	$19,440	4.7%	—	—	Call	337932107
HTZ	HERTZ GLOBAL HLDGS INC	840,000	$15,448	3.8%	$22.07	-25.7%	COM NEW	42806J700
HTZWW	HERTZ GLOBAL HLDGS INC	1,481,597	$14,949	3.6%	$14.89	—	*W EXP 06/30/205	42806J148
—	ONYX ACQUISITION CO I	1,000,000	$10,810	2.6%	$10.52	—	SHS CL A	G6755Q109
VAL/WS	VALARIS LIMITED	988,688	$10,431	2.5%	$5.48	—	*W EXP 04/29/202	G9460G119
—	COMPANHIA BRASILEIRA DE DIST	2,340,000	$9,009	2.2%	$2.94	—	SPONSORED ADR	20440T300
MPT	MEDICAL PPTYS TRUST INC	785,000	$7,269	1.8%	—	—	Put	58463J304
SPHR	SPHERE ENTERTAINMENT CO	200,000	$5,478	1.3%	$26.52	0.0%	CL A	55826T102
PSEC	PROSPECT CAP CORP	850,000	$5,270	1.3%	—	—	Put	74348T102