CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001866872 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $872,143 (93.0% shares, 7.0% debt)

Holdings (22)

SPY SPDR S&P 500 ETF TR 62.7%

Value ($000) $546,607 Shares 1,150,000 Est. Cost — Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 7.0%

Value ($000) $60,990 Shares 2,879,608 Est. Cost $21.18 Unrealized —

— TRANSOCEAN INC 3.7%

Value ($000) $32,556 Shares 22,500,000 Est. Cost $1.00 Unrealized —

SWX SOUTHWEST GAS HLDGS INC 3.6%

Value ($000) $31,592 Shares 498,685 Est. Cost $71.94 Unrealized -16.5%

EXEEL CHESAPEAKE ENERGY CORP 3.1%

Value ($000) $27,301 Shares 457,002 Est. Cost $50.19 Unrealized —

AAL AMERICAN AIRLS GROUP INC 2.4%

Value ($000) $20,610 Shares 1,500,000 Est. Cost — Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 2.2%

Value ($000) $19,350 Shares 3,000,000 Est. Cost $5.88 Unrealized -3.1%

— GEO CORRECTIONS HOLDINGS INC 2.1%

Value ($000) $18,530 Shares 13,300,000 Est. Cost $1.18 Unrealized —

MPT MEDICAL PPTYS TRUST INC 1.4%

Value ($000) $12,275 Shares 2,500,000 Est. Cost — Unrealized —

— ONYX ACQUISITION CO I 1.3%

Value ($000) $10,975 Shares 994,082 Est. Cost $10.52 Unrealized —

— DISH NETWORK CORPORATION 1.1%

Value ($000) $9,820 Shares 10,000,000 Est. Cost $0.89 Unrealized —

VAL/WS VALARIS LTD 1.1%

Value ($000) $9,661 Shares 788,688 Est. Cost $5.48 Unrealized —

VSAT VIASAT INC 1.0%

Value ($000) $9,084 Shares 325,000 Est. Cost — Unrealized —

SATS ECHOSTAR CORP 0.9%

Value ($000) $8,285 Shares 500,000 Est. Cost $12.88 Unrealized 0.0%

— DISH NETWORK CORPORATION 0.9%

Value ($000) $8,222 Shares 1,425,000 Est. Cost — Unrealized —

OGN ORGANON & CO 0.8%

Value ($000) $7,316 Shares 507,343 Est. Cost $12.33 Unrealized 0.0%

BHC BAUSCH HEALTH COS INC 0.8%

Value ($000) $7,218 Shares 900,000 Est. Cost $8.62 Unrealized -15.5%

PSEC PROSPECT CAP CORP 0.8%

Value ($000) $7,188 Shares 1,200,000 Est. Cost — Unrealized —

VAL VALARIS LTD 0.8%

Value ($000) $6,857 Shares 100,000 Est. Cost $69.76 Unrealized -1.8%

HE HAWAIIAN ELEC INDUSTRIES 0.7%

Value ($000) $6,113 Shares 430,800 Est. Cost $20.39 Unrealized -36.2%

HE HAWAIIAN ELEC INDUSTRIES 0.7%

Value ($000) $6,113 Shares 430,800 Est. Cost $20.39 Unrealized -36.2%

HTZWW HERTZ GLOBAL HLDGS INC 0.6%

Value ($000) $5,480 Shares 1,000,000 Est. Cost $14.53 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,150,000	$546,607	62.7%	—	—	Put	78462F103
BKLN	INVESCO EXCH TRADED FD TR II	2,879,608	$60,990	7.0%	$21.18	—	SR LN ETF	46138G508
—	TRANSOCEAN INC	22,500,000	$32,556	3.7%	$1.00	—	DEB 4.000%12/1	893830BT5
SWX	SOUTHWEST GAS HLDGS INC	498,685	$31,592	3.6%	$71.94	-16.5%	COM	844895102
EXEEL	CHESAPEAKE ENERGY CORP	457,002	$27,301	3.1%	$50.19	—	*W EXP 02/09/202	165167180
AAL	AMERICAN AIRLS GROUP INC	1,500,000	$20,610	2.4%	—	—	Call	02376R102
GBTG	GLOBAL BUSINESS TRAVEL GROUP	3,000,000	$19,350	2.2%	$5.88	-3.1%	COM CL A	37890B100
—	GEO CORRECTIONS HOLDINGS INC	13,300,000	$18,530	2.1%	$1.18	—	NOTE 6.500% 2/2	36166WAB9
MPT	MEDICAL PPTYS TRUST INC	2,500,000	$12,275	1.4%	—	—	Put	58463J304
—	ONYX ACQUISITION CO I	994,082	$10,975	1.3%	$10.52	—	SHS CL A	G6755Q109
—	DISH NETWORK CORPORATION	10,000,000	$9,820	1.1%	$0.89	—	NOTE 2.375% 3/1	25470MAD1
VAL/WS	VALARIS LTD	788,688	$9,661	1.1%	$5.48	—	*W EXP 04/29/202	G9460G119
VSAT	VIASAT INC	325,000	$9,084	1.0%	—	—	Put	92552V100
SATS	ECHOSTAR CORP	500,000	$8,285	0.9%	$12.88	0.0%	CL A	278768106
—	DISH NETWORK CORPORATION	1,425,000	$8,222	0.9%	—	—	Put	25470M109
OGN	ORGANON & CO	507,343	$7,316	0.8%	$12.33	0.0%	COMMON STOCK	68622V106
BHC	BAUSCH HEALTH COS INC	900,000	$7,218	0.8%	$8.62	-15.5%	Call	071734107
PSEC	PROSPECT CAP CORP	1,200,000	$7,188	0.8%	—	—	Put	74348T102
VAL	VALARIS LTD	100,000	$6,857	0.8%	$69.76	-1.8%	CL A	G9460G101
HE	HAWAIIAN ELEC INDUSTRIES	430,800	$6,113	0.7%	$20.39	-36.2%	Put	419870100
HE	HAWAIIAN ELEC INDUSTRIES	430,800	$6,113	0.7%	$20.39	-36.2%	COM	419870100
HTZWW	HERTZ GLOBAL HLDGS INC	1,000,000	$5,480	0.6%	$14.53	—	*W EXP 06/30/205	42806J148