CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001866872 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $246,831 (59.2% shares, 40.8% debt)

Holdings (21)

SWX SOUTHWEST GAS HLDGS INC 15.5%

Value ($000) $38,192 Shares 611,568 Est. Cost $74.72 Unrealized -14.7%

— TRANSOCEAN INC 13.7%

Value ($000) $33,750 Shares 22,500,000 Est. Cost $1.00 Unrealized —

— DISH NETWORK CORPORATION 11.9%

Value ($000) $29,480 Shares 33,500,000 Est. Cost $0.89 Unrealized —

— AURORA CANNABIS INC 10.8%

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

EXEEL CHESAPEAKE ENERGY CORP 10.8%

Value ($000) $26,590 Shares 456,252 Est. Cost $50.19 Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 8.3%

Value ($000) $20,418 Shares 3,079,597 Est. Cost $5.78 Unrealized +18.6%

HTZ HERTZ GLOBAL HLDGS INC 5.2%

Value ($000) $12,951 Shares 795,000 Est. Cost $22.39 Unrealized -22.1%

HTZWW HERTZ GLOBAL HLDGS INC 5.0%

Value ($000) $12,402 Shares 1,396,597 Est. Cost $15.18 Unrealized —

VAL/WS VALARIS LIMITED 4.4%

Value ($000) $10,876 Shares 988,688 Est. Cost $5.48 Unrealized —

— ONYX ACQUISITION CO I 4.3%

Value ($000) $10,520 Shares 1,000,000 Est. Cost $10.52 Unrealized —

— MICROSTRATEGY INC 4.0%

Value ($000) $9,945 Shares 18,853,000 Est. Cost $0.70 Unrealized —

— COMPANHIA BRASILEIRA DE DIST 2.8%

Value ($000) $6,880 Shares 2,340,000 Est. Cost $2.94 Unrealized —

— ACTIVISION BLIZZARD INC 1.5%

Value ($000) $3,799 Shares 4,416 Est. Cost — Unrealized —

MSTR MICROSTRATEGY INC 0.6%

Value ($000) $1,549 Shares 5,300 Est. Cost $24.41 Unrealized 0.0%

Value ($000) $1,433 Shares 3,000 Est. Cost — Unrealized —

— AVAYA HLDGS CORP 0.3%

Value ($000) $725 Shares 10,000,000 Est. Cost $0.07 Unrealized —

FRCB FIRST REP BK SAN FRANCISCO C 0.1%

Value ($000) $199 Shares 1,500 Est. Cost — Unrealized —

— DISH NETWORK CORPORATION 0.1%

Value ($000) $137 Shares 2,000 Est. Cost — Unrealized —

VLU SPDR SER TR 0.0%

Value ($000) $97 Shares 2,400 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 0.0%

Value ($000) $85 Shares 10,000 Est. Cost — Unrealized —

LQD ISHARES TR 0.0%

Value ($000) $50 Shares 5,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SWX	SOUTHWEST GAS HLDGS INC	611,568	$38,192	15.5%	$74.72	-14.7%	COM	844895102
—	TRANSOCEAN INC	22,500,000	$33,750	13.7%	$1.00	—	DEB 4.000%12/1	893830BT5
—	DISH NETWORK CORPORATION	33,500,000	$29,480	11.9%	$0.89	—	NOTE 2.375% 3/1	25470MAD1
—	AURORA CANNABIS INC	27,582,000	$26,755	10.8%	$0.85	—	NOTE 5.500% 2/2	05156XAG3
EXEEL	CHESAPEAKE ENERGY CORP	456,252	$26,590	10.8%	$50.19	—	*W EXP 02/09/202	165167180
GBTG	GLOBAL BUSINESS TRAVEL GROUP	3,079,597	$20,418	8.3%	$5.78	+18.6%	COM CL A	37890B100
HTZ	HERTZ GLOBAL HLDGS INC	795,000	$12,951	5.2%	$22.39	-22.1%	COM NEW	42806J700
HTZWW	HERTZ GLOBAL HLDGS INC	1,396,597	$12,402	5.0%	$15.18	—	*W EXP 06/30/205	42806J148
VAL/WS	VALARIS LIMITED	988,688	$10,876	4.4%	$5.48	—	*W EXP 04/29/202	G9460G119
—	ONYX ACQUISITION CO I	1,000,000	$10,520	4.3%	$10.52	—	SHS CL A	G6755Q109
—	MICROSTRATEGY INC	18,853,000	$9,945	4.0%	$0.70	—	NOTE 2/1	594972AE1
—	COMPANHIA BRASILEIRA DE DIST	2,340,000	$6,880	2.8%	$2.94	—	SPONSORED ADR	20440T300
—	ACTIVISION BLIZZARD INC	4,416	$3,799	1.5%	—	—	Call	00507V109
MSTR	MICROSTRATEGY INC	5,300	$1,549	0.6%	$24.41	0.0%	CL A NEW	594972408
MMM	3M CO	3,000	$1,433	0.6%	—	—	Put	88579Y101
—	AVAYA HLDGS CORP	10,000,000	$725	0.3%	$0.07	—	NOTE 2.250% 6/1	05351XAB7
FRCB	FIRST REP BK SAN FRANCISCO C	1,500	$199	0.1%	—	—	Put	33616C100
—	DISH NETWORK CORPORATION	2,000	$137	0.1%	—	—	Call	25470M109
VLU	SPDR SER TR	2,400	$97	0.0%	—	—	Put	78464A128
SPY	SPDR S&P 500 ETF TR	10,000	$85	0.0%	—	—	Put	78462F103
LQD	ISHARES TR	5,000	$50	0.0%	—	—	Put	464287242