KING STREET CAPITAL MANAGEMENT, L.P. Hedge Fund

CIK: 0001218199 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $2,337,682 (95.2% shares, 4.8% debt)

Holdings (18)

HYG ISHARES TR 33.0%

Value ($000) $771,305 Shares 9,500,000 Est. Cost — Unrealized —

LQD ISHARES TR 31.0%

Value ($000) $724,555 Shares 6,500,000 Est. Cost — Unrealized —

SGRY SURGERY PARTNERS INC 8.6%

Value ($000) $202,116 Shares 9,339,930 Est. Cost $24.31 Unrealized -8.2%

BA BOEING CO 5.4%

Value ($000) $126,045 Shares 584,000 Est. Cost $164.11 Unrealized +37.4%

— BOEING CO 5.1%

Value ($000) $118,490 Shares 1,700,000 Est. Cost $61.09 Unrealized —

NVDA NVIDIA CORPORATION 4.8%

Value ($000) $111,948 Shares 600,000 Est. Cost — Unrealized —

— PG&E CORP 4.8%

Value ($000) $111,486 Shares 110,000,000 Est. Cost $1.07 Unrealized —

UNIT UNITI GROUP LLC 1.2%

Value ($000) $27,488 Shares 4,491,482 Est. Cost $7.16 Unrealized 0.0%

SLG SL GREEN RLTY CORP 1.2%

Value ($000) $26,934 Shares 450,330 Est. Cost $59.81 Unrealized —

KRE SPDR SERIES TRUST 0.7%

Value ($000) $17,408 Shares 275,000 Est. Cost $63.30 Unrealized —

ALLY ALLY FINL INC 0.7%

Value ($000) $17,287 Shares 441,000 Est. Cost $39.39 Unrealized 0.0%

UWMC UWM HOLDINGS CORPORATION 0.7%

Value ($000) $17,052 Shares 2,800,000 Est. Cost $5.24 Unrealized 0.0%

AGNC AGNC INVT CORP 0.6%

Value ($000) $12,972 Shares 1,325,000 Est. Cost $9.79 Unrealized —

NLY ANNALY CAPITAL MANAGEMENT IN 0.5%

Value ($000) $12,126 Shares 600,000 Est. Cost $20.21 Unrealized —

VNO VORNADO RLTY TR 0.5%

Value ($000) $11,911 Shares 293,879 Est. Cost $40.53 Unrealized —

AVAH AVEANNA HEALTHCARE HLDGS INC 0.5%

Value ($000) $11,407 Shares 1,286,000 Est. Cost $1.45 Unrealized +336.2%

OPTU ALTICE USA INC 0.4%

Value ($000) $9,733 Shares 4,038,574 Est. Cost $2.45 Unrealized 0.0%

VLY VALLEY NATL BANCORP 0.3%

Value ($000) $7,420 Shares 700,000 Est. Cost $9.99 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HYG	ISHARES TR	9,500,000	$771,305	33.0%	—	—	Put	464288513
LQD	ISHARES TR	6,500,000	$724,555	31.0%	—	—	Put	464287242
SGRY	SURGERY PARTNERS INC	9,339,930	$202,116	8.6%	$24.31	-8.2%	COM	86881A100
BA	BOEING CO	584,000	$126,045	5.4%	$164.11	+37.4%	COM	097023105
—	BOEING CO	1,700,000	$118,490	5.1%	$61.09	—	DEP CONV PFD A	097023204
NVDA	NVIDIA CORPORATION	600,000	$111,948	4.8%	—	—	Put	67066G104
—	PG&E CORP	110,000,000	$111,486	4.8%	$1.07	—	NOTE 4.250%12/0	69331CAL2
UNIT	UNITI GROUP LLC	4,491,482	$27,488	1.2%	$7.16	0.0%	COM SHS	912932100
SLG	SL GREEN RLTY CORP	450,330	$26,934	1.2%	$59.81	—	COM	78440X887
KRE	SPDR SERIES TRUST	275,000	$17,408	0.7%	$63.30	—	S&P REGL BKG	78464A698
ALLY	ALLY FINL INC	441,000	$17,287	0.7%	$39.39	0.0%	COM	02005N100
UWMC	UWM HOLDINGS CORPORATION	2,800,000	$17,052	0.7%	$5.24	0.0%	COM CL A	91823B109
AGNC	AGNC INVT CORP	1,325,000	$12,972	0.6%	$9.79	—	COM	00123Q104
NLY	ANNALY CAPITAL MANAGEMENT IN	600,000	$12,126	0.5%	$20.21	—	COM NEW	035710839
VNO	VORNADO RLTY TR	293,879	$11,911	0.5%	$40.53	—	SH BEN INT	929042109
AVAH	AVEANNA HEALTHCARE HLDGS INC	1,286,000	$11,407	0.5%	$1.45	+336.2%	COM	05356F105
OPTU	ALTICE USA INC	4,038,574	$9,733	0.4%	$2.45	0.0%	CL A	02156K103
VLY	VALLEY NATL BANCORP	700,000	$7,420	0.3%	$9.99	0.0%	COM	919794107