CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

Location: Darien, CT

CIK: 0001866872 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value: $1.597B (100.0% shares, 0.0% debt)

Holdings (24)

RSP INVESCO EXCHANGE TRADED FD T 25.4%

Value $406M Shares 2,400,000 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 18.0%

Value $288M Shares 550,000 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 16.4%

Value $262M Shares 500,000 Est. Cost — Unrealized —

TLT ISHARES TR 14.8%

Value $237M Shares 2,500,000 Est. Cost — Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 5.7%

Value $90.51M Shares 4,279,608 Est. Cost $21.17 Unrealized —

XLE SELECT SECTOR SPDR TR 4.4%

Value $70.81M Shares 750,000 Est. Cost — Unrealized —

SWX SOUTHWEST GAS HLDGS INC 2.4%

Value $37.96M Shares 498,685 Est. Cost $71.94 Unrealized -9.9%

EXEEL CHESAPEAKE ENERGY CORP 2.1%

Value $33.52M Shares 457,002 Est. Cost $50.19 Unrealized —

— TRANSOCEAN INC 2.0%

Value $32.06M Shares 22,500,000 Est. Cost $1.00 Unrealized —

— DISH NETWORK CORPORATION 1.5%

Value $24.68M Shares 34,490,000 Est. Cost $0.72 Unrealized —

— GEO CORRECTIONS HOLDINGS INC 1.4%

Value $22.71M Shares 13,300,000 Est. Cost $1.18 Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 1.1%

Value $18.29M Shares 3,043,779 Est. Cost $5.88 Unrealized -0.5%

VSAT VIASAT INC 0.7%

Value $11.76M Shares 650,000 Est. Cost — Unrealized —

— ONYX ACQUISITION CO I 0.7%

Value $11.06M Shares 994,082 Est. Cost $10.52 Unrealized —

MPT MEDICAL PPTYS TRUST INC 0.6%

Value $9.4M Shares 2,000,000 Est. Cost — Unrealized —

MPT MEDICAL PPTYS TRUST INC 0.6%

Value $9.4M Shares 2,000,000 Est. Cost — Unrealized —

VAL/WS VALARIS LTD 0.6%

Value $9.132M Shares 686,633 Est. Cost $5.48 Unrealized —

OGN ORGANON & CO 0.3%

Value $4.7M Shares 250,000 Est. Cost $12.33 Unrealized +28.6%

HTZWW HERTZ GLOBAL HLDGS INC 0.3%

Value $4.44M Shares 1,000,000 Est. Cost $14.53 Unrealized —

BHC BAUSCH HEALTH COS INC 0.3%

Value $4.244M Shares 400,000 Est. Cost — Unrealized —

OGN ORGANON & CO 0.2%

Value $3.863M Shares 205,463 Est. Cost $12.33 Unrealized +28.6%

VAL VALARIS LTD 0.2%

Value $3.763M Shares 50,000 Est. Cost $69.76 Unrealized -3.9%

— PELOTON INTERACTIVE INC 0.1%

Value $1.655M Shares 1,959,000 Est. Cost $0.84 Unrealized —

— SUNNOVA ENERGY INTL INC. 0.1%

Value $1.226M Shares 200,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RSP	INVESCO EXCHANGE TRADED FD T	2,400,000	$406M	25.4%	—	—	Put	46137V357
SPY	SPDR S&P 500 ETF TR	550,000	$288M	18.0%	—	—	Put	78462F103
SPY	SPDR S&P 500 ETF TR	500,000	$262M	16.4%	—	—	Call	78462F103
TLT	ISHARES TR	2,500,000	$237M	14.8%	—	—	Put	464287432
BKLN	INVESCO EXCH TRADED FD TR II	4,279,608	$90.51M	5.7%	$21.17	—	SR LN ETF	46138G508
XLE	SELECT SECTOR SPDR TR	750,000	$70.81M	4.4%	—	—	Put	81369Y506
SWX	SOUTHWEST GAS HLDGS INC	498,685	$37.96M	2.4%	$71.94	-9.9%	COM	844895102
EXEEL	CHESAPEAKE ENERGY CORP	457,002	$33.52M	2.1%	$50.19	—	*W EXP 02/09/202	165167180
—	TRANSOCEAN INC	22,500,000	$32.06M	2.0%	$1.00	—	DEB 4.000%12/1	893830BT5
—	DISH NETWORK CORPORATION	34,490,000	$24.68M	1.5%	$0.72	—	NOTE 12/1	25470MAF6
—	GEO CORRECTIONS HOLDINGS INC	13,300,000	$22.71M	1.4%	$1.18	—	NOTE 6.500% 2/2	36166WAB9
GBTG	GLOBAL BUSINESS TRAVEL GROUP	3,043,779	$18.29M	1.1%	$5.88	-0.5%	COM CL A	37890B100
VSAT	VIASAT INC	650,000	$11.76M	0.7%	—	—	Put	92552V100
—	ONYX ACQUISITION CO I	994,082	$11.06M	0.7%	$10.52	—	SHS CL A	G6755Q109
MPT	MEDICAL PPTYS TRUST INC	2,000,000	$9.4M	0.6%	—	—	Call	58463J304
MPT	MEDICAL PPTYS TRUST INC	2,000,000	$9.4M	0.6%	—	—	Put	58463J304
VAL/WS	VALARIS LTD	686,633	$9.132M	0.6%	$5.48	—	*W EXP 04/29/202	G9460G119
OGN	ORGANON & CO	250,000	$4.7M	0.3%	$12.33	+28.6%	Call	68622V106
HTZWW	HERTZ GLOBAL HLDGS INC	1,000,000	$4.44M	0.3%	$14.53	—	*W EXP 06/30/205	42806J148
BHC	BAUSCH HEALTH COS INC	400,000	$4.244M	0.3%	—	—	Call	071734107
OGN	ORGANON & CO	205,463	$3.863M	0.2%	$12.33	+28.6%	COMMON STOCK	68622V106
VAL	VALARIS LTD	50,000	$3.763M	0.2%	$69.76	-3.9%	CL A	G9460G101
—	PELOTON INTERACTIVE INC	1,959,000	$1.655M	0.1%	$0.84	—	NOTE 2/1	70614WAB6
—	SUNNOVA ENERGY INTL INC.	200,000	$1.226M	0.1%	—	—	Call	86745K104