CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001866872 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Aug 16, 2022

Total Value ($000): $706,009 (88.7% shares, 11.3% debt)

Holdings (26)

— SPDR S&P 500 ETF TR 53.4%

Value ($000) $377,250 Shares 1,000,000 Est. Cost — Unrealized —

— SPDR SER TR 10.2%

Value ($000) $71,688 Shares 600,000 Est. Cost — Unrealized —

SWX SOUTHWEST GAS HLDGS INC 5.7%

Value ($000) $40,282 Shares 462,591 Est. Cost $74.98 Unrealized +17.7%

FE FIRSTENERGY CORP 4.0%

Value ($000) $28,276 Shares 736,540 Est. Cost $33.18 Unrealized +10.8%

EXEEL CHESAPEAKE ENERGY CORP 3.6%

Value ($000) $25,467 Shares 485,370 Est. Cost $46.79 Unrealized —

— AURORA CANNABIS INC 3.4%

Value ($000) $24,126 Shares 26,082,000 Est. Cost $0.84 Unrealized —

— TRANSOCEAN INC 2.8%

Value ($000) $19,840 Shares 20,000,000 Est. Cost $0.99 Unrealized —

— DISH NETWORK CORPORATION 2.4%

Value ($000) $17,231 Shares 24,500,000 Est. Cost $0.95 Unrealized —

— NUCOR CORP 2.2%

Value ($000) $15,662 Shares 150,000 Est. Cost — Unrealized —

— MICROSTRATEGY INC 1.8%

Value ($000) $12,733 Shares 28,853,000 Est. Cost $0.70 Unrealized —

HTZWW HERTZ GLOBAL HLDGS INC 1.7%

Value ($000) $12,287 Shares 1,255,097 Est. Cost $15.95 Unrealized —

— SABRE CORP 1.7%

Value ($000) $11,660 Shares 2,000,000 Est. Cost — Unrealized —

Value ($000) $9,706 Shares 75,000 Est. Cost — Unrealized —

HTZ HERTZ GLOBAL HLDGS INC 1.3%

Value ($000) $8,950 Shares 565,000 Est. Cost $24.46 Unrealized -19.4%

— BEYOND MEAT INC 0.8%

Value ($000) $5,663 Shares 15,000,000 Est. Cost $0.59 Unrealized —

VAL/WS VALARIS LIMITED 0.6%

Value ($000) $3,932 Shares 771,075 Est. Cost $3.96 Unrealized —

CMLS CUMULUS MEDIA INC 0.5%

Value ($000) $3,834 Shares 495,975 Est. Cost $11.73 Unrealized 0.0%

NEE NEXTERA ENERGY INC 0.5%

Value ($000) $3,486 Shares 45,000 Est. Cost $72.07 Unrealized -4.5%

— GLOBAL BUSINESS TRAVEL GROUP 0.5%

Value ($000) $3,359 Shares 3,198,632 Est. Cost $1.05 Unrealized —

— YPF SOCIEDAD ANONIMA 0.5%

Value ($000) $3,260 Shares 1,000,000 Est. Cost — Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 0.3%

Value ($000) $2,175 Shares 344,675 Est. Cost $6.31 Unrealized —

— BEYOND MEAT INC 0.3%

Value ($000) $1,796 Shares 75,000 Est. Cost — Unrealized —

— LUCID GROUP INC 0.2%

Value ($000) $1,287 Shares 75,000 Est. Cost — Unrealized —

— GOL LINHAS AEREAS INTELIGENT 0.2%

Value ($000) $1,279 Shares 375,000 Est. Cost — Unrealized —

— BERRY CORP 0.1%

Value ($000) $762 Shares 100,000 Est. Cost $8.42 Unrealized —

— FORTRESS CAPITAL ACQUISITION 0.0%

Value ($000) $18 Shares 100,000 Est. Cost $0.78 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR S&P 500 ETF TR	1,000,000	$377,250	53.4%	—	—	Put	78462F953
—	SPDR SER TR	600,000	$71,688	10.2%	—	—	Put	78468R956
SWX	SOUTHWEST GAS HLDGS INC	462,591	$40,282	5.7%	$74.98	+17.7%	COM	844895102
FE	FIRSTENERGY CORP	736,540	$28,276	4.0%	$33.18	+10.8%	COM	337932107
EXEEL	CHESAPEAKE ENERGY CORP	485,370	$25,467	3.6%	$46.79	—	*W EXP 02/09/202	165167180
—	AURORA CANNABIS INC	26,082,000	$24,126	3.4%	$0.84	—	NOTE 5.500% 2/2	05156XAG3
—	TRANSOCEAN INC	20,000,000	$19,840	2.8%	$0.99	—	DEB 4.000%12/1	893830BT5
—	DISH NETWORK CORPORATION	24,500,000	$17,231	2.4%	$0.95	—	NOTE 12/1	25470MAF6
—	NUCOR CORP	150,000	$15,662	2.2%	—	—	Put	670346955
—	MICROSTRATEGY INC	28,853,000	$12,733	1.8%	$0.70	—	NOTE 2/1	594972AE1
HTZWW	HERTZ GLOBAL HLDGS INC	1,255,097	$12,287	1.7%	$15.95	—	*W EXP 06/30/205	42806J148
—	SABRE CORP	2,000,000	$11,660	1.7%	—	—	Call	78573M904
—	3M CO	75,000	$9,706	1.4%	—	—	Put	88579Y951
HTZ	HERTZ GLOBAL HLDGS INC	565,000	$8,950	1.3%	$24.46	-19.4%	COM NEW	42806J700
—	BEYOND MEAT INC	15,000,000	$5,663	0.8%	$0.59	—	NOTE 3/1	08862EAB5
VAL/WS	VALARIS LIMITED	771,075	$3,932	0.6%	$3.96	—	*W EXP 04/29/202	G9460G119
CMLS	CUMULUS MEDIA INC	495,975	$3,834	0.5%	$11.73	0.0%	COM CL A	231082801
NEE	NEXTERA ENERGY INC	45,000	$3,486	0.5%	$72.07	-4.5%	COM	65339F101
—	GLOBAL BUSINESS TRAVEL GROUP	3,198,632	$3,359	0.5%	$1.05	—	*W EXP 99/99/999	37890B118
—	YPF SOCIEDAD ANONIMA	1,000,000	$3,260	0.5%	—	—	Call	984245900
GBTG	GLOBAL BUSINESS TRAVEL GROUP	344,675	$2,175	0.3%	$6.31	—	COM CL A	37890B100
—	BEYOND MEAT INC	75,000	$1,796	0.3%	—	—	Put	08862E959
—	LUCID GROUP INC	75,000	$1,287	0.2%	—	—	Put	549498953
—	GOL LINHAS AEREAS INTELIGENT	375,000	$1,279	0.2%	—	—	Call	38045R906
—	BERRY CORP	100,000	$762	0.1%	$8.42	—	COM	08579X101
—	FORTRESS CAPITAL ACQUISITION	100,000	$18	0.0%	$0.78	—	*W EXP 99/99/999	G36427121