CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001866872 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value ($000): $1,402,219 (93.1% shares, 6.9% debt)

Holdings (32)

— INVESCO QQQ TR 51.7%

Value ($000) $725,080 Shares 2,000,000 Est. Cost — Unrealized —

— ISHARES TR 12.2%

Value ($000) $171,444 Shares 2,100,000 Est. Cost — Unrealized —

— SPDR S&P 500 ETF TR 6.4%

Value ($000) $90,328 Shares 200,000 Est. Cost — Unrealized —

— SPDR SER TR 5.8%

Value ($000) $80,730 Shares 600,000 Est. Cost — Unrealized —

— NUCOR CORP 3.2%

Value ($000) $44,595 Shares 300,000 Est. Cost — Unrealized —

FE FIRSTENERGY CORP 2.1%

Value ($000) $29,192 Shares 636,540 Est. Cost $32.61 Unrealized +10.7%

SWX SOUTHWEST GAS HLDGS INC 1.9%

Value ($000) $26,430 Shares 337,591 Est. Cost $70.06 Unrealized 0.0%

— SOUTHWESTERN ENERGY CO 1.8%

Value ($000) $25,095 Shares 3,500,000 Est. Cost — Unrealized —

— TRANSOCEAN INC 1.7%

Value ($000) $24,180 Shares 20,000,000 Est. Cost $0.99 Unrealized —

— AURORA CANNABIS INC 1.7%

Value ($000) $23,316 Shares 25,482,000 Est. Cost $0.84 Unrealized —

Value ($000) $22,332 Shares 150,000 Est. Cost — Unrealized —

— DISH NETWORK CORPORATION 1.6%

Value ($000) $21,825 Shares 22,500,000 Est. Cost $0.98 Unrealized —

HTZWW HERTZ GLOBAL HLDGS INC 1.4%

Value ($000) $19,115 Shares 1,255,097 Est. Cost $15.95 Unrealized —

— MICROSTRATEGY INC 1.4%

Value ($000) $18,951 Shares 26,353,000 Est. Cost $0.72 Unrealized —

EXEEL CHESAPEAKE ENERGY CORP 0.8%

Value ($000) $11,078 Shares 198,987 Est. Cost $38.62 Unrealized —

HTZ HERTZ GLOBAL HLDGS INC 0.7%

Value ($000) $10,300 Shares 465,000 Est. Cost $25.48 Unrealized -17.6%

— BEYOND MEAT INC 0.6%

Value ($000) $8,925 Shares 15,000,000 Est. Cost $0.59 Unrealized —

— BEYOND MEAT INC 0.5%

Value ($000) $7,488 Shares 155,000 Est. Cost — Unrealized —

VAL/WS VALARIS LIMITED 0.5%

Value ($000) $6,608 Shares 771,075 Est. Cost $3.96 Unrealized —

— YPF SOCIEDAD ANONIMA 0.3%

Value ($000) $4,830 Shares 1,000,000 Est. Cost — Unrealized —

— APOLLO STRATEGIC GROWTH CAPT 0.3%

Value ($000) $4,108 Shares 2,998,632 Est. Cost $1.34 Unrealized —

NEE NEXTERA ENERGY INC 0.3%

Value ($000) $3,812 Shares 45,000 Est. Cost $72.07 Unrealized 0.0%

— CHEGG INC 0.3%

Value ($000) $3,628 Shares 100,000 Est. Cost — Unrealized —

EXE CHESAPEAKE ENERGY CORP 0.2%

Value ($000) $3,480 Shares 40,000 Est. Cost $60.07 Unrealized 0.0%

— HERTZ GLOBAL HLDGS INC 0.2%

Value ($000) $3,323 Shares 150,000 Est. Cost — Unrealized —

— BEYOND MEAT INC 0.2%

Value ($000) $3,019 Shares 62,500 Est. Cost — Unrealized —

— GOL LINHAS AEREAS INTELIGENT 0.2%

Value ($000) $2,700 Shares 375,000 Est. Cost — Unrealized —

— PBF ENERGY INC 0.2%

Value ($000) $2,681 Shares 110,000 Est. Cost — Unrealized —

BYND BEYOND MEAT INC 0.1%

Value ($000) $1,449 Shares 30,000 Est. Cost $54.96 Unrealized 0.0%

GBTG APOLLO STRATEGIC GROWTH CAPT 0.1%

Value ($000) $1,105 Shares 111,101 Est. Cost $9.95 Unrealized —

— BERRY CORP 0.1%

Value ($000) $1,032 Shares 100,000 Est. Cost $8.42 Unrealized —

— FORTRESS CAPITAL ACQUISITION 0.0%

Value ($000) $40 Shares 100,000 Est. Cost $0.78 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INVESCO QQQ TR	2,000,000	$725,080	51.7%	—	—	Put	46090E953
—	ISHARES TR	2,100,000	$171,444	12.2%	—	—	Call	464288903
—	SPDR S&P 500 ETF TR	200,000	$90,328	6.4%	—	—	Put	78462F953
—	SPDR SER TR	600,000	$80,730	5.8%	—	—	Put	78468R956
—	NUCOR CORP	300,000	$44,595	3.2%	—	—	Put	670346955
FE	FIRSTENERGY CORP	636,540	$29,192	2.1%	$32.61	+10.7%	COM	337932107
SWX	SOUTHWEST GAS HLDGS INC	337,591	$26,430	1.9%	$70.06	0.0%	COM	844895102
—	SOUTHWESTERN ENERGY CO	3,500,000	$25,095	1.8%	—	—	Call	845467909
—	TRANSOCEAN INC	20,000,000	$24,180	1.7%	$0.99	—	DEB 4.000%12/1	893830BT5
—	AURORA CANNABIS INC	25,482,000	$23,316	1.7%	$0.84	—	NOTE 5.500% 2/2	05156XAG3
—	3M CO	150,000	$22,332	1.6%	—	—	Put	88579Y951
—	DISH NETWORK CORPORATION	22,500,000	$21,825	1.6%	$0.98	—	NOTE 12/1	25470MAF6
HTZWW	HERTZ GLOBAL HLDGS INC	1,255,097	$19,115	1.4%	$15.95	—	*W EXP 06/30/205	42806J148
—	MICROSTRATEGY INC	26,353,000	$18,951	1.4%	$0.72	—	NOTE 2/1	594972AE1
EXEEL	CHESAPEAKE ENERGY CORP	198,987	$11,078	0.8%	$38.62	—	*W EXP 02/09/202	165167180
HTZ	HERTZ GLOBAL HLDGS INC	465,000	$10,300	0.7%	$25.48	-17.6%	COM NEW	42806J700
—	BEYOND MEAT INC	15,000,000	$8,925	0.6%	$0.59	—	NOTE 3/1	08862EAB5
—	BEYOND MEAT INC	155,000	$7,488	0.5%	—	—	Put	08862E959
VAL/WS	VALARIS LIMITED	771,075	$6,608	0.5%	$3.96	—	*W EXP 04/29/202	G9460G119
—	YPF SOCIEDAD ANONIMA	1,000,000	$4,830	0.3%	—	—	Call	984245900
—	APOLLO STRATEGIC GROWTH CAPT	2,998,632	$4,108	0.3%	$1.34	—	*W EXP 10/29/202	G0411R114
NEE	NEXTERA ENERGY INC	45,000	$3,812	0.3%	$72.07	0.0%	COM	65339F101
—	CHEGG INC	100,000	$3,628	0.3%	—	—	Call	163092909
EXE	CHESAPEAKE ENERGY CORP	40,000	$3,480	0.2%	$60.07	0.0%	COM	165167735
—	HERTZ GLOBAL HLDGS INC	150,000	$3,323	0.2%	—	—	Call	42806J900
—	BEYOND MEAT INC	62,500	$3,019	0.2%	—	—	Call	08862E909
—	GOL LINHAS AEREAS INTELIGENT	375,000	$2,700	0.2%	—	—	Call	38045R906
—	PBF ENERGY INC	110,000	$2,681	0.2%	—	—	Put	69318G956
BYND	BEYOND MEAT INC	30,000	$1,449	0.1%	$54.96	0.0%	COM	08862E109
GBTG	APOLLO STRATEGIC GROWTH CAPT	111,101	$1,105	0.1%	$9.95	—	SHS CL A	G0411R106
—	BERRY CORP	100,000	$1,032	0.1%	$8.42	—	COM	08579X101
—	FORTRESS CAPITAL ACQUISITION	100,000	$40	0.0%	$0.78	—	*W EXP 99/99/999	G36427121