CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001866872 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 19, 2025

Total Value ($000): $1,401,729 (100.0% shares, 0.0% debt)

Holdings (27)

ITB ISHARES TR 46.2%

Value ($000) $647,370 Shares 3,000,000 Est. Cost $45.17 Unrealized —

TLN TALEN ENERGY CORP 11.3%

Value ($000) $157,813 Shares 542,743 Est. Cost $230.45 Unrealized +3.0%

TDS TELEPHONE & DATA SYS INC 8.6%

Value ($000) $120,705 Shares 3,392,500 Est. Cost $33.72 Unrealized +4.1%

CNNE CANNAE HLDGS INC 4.7%

Value ($000) $66,491 Shares 3,189,027 Est. Cost $18.67 Unrealized -3.2%

GEO GEO GROUP INC NEW 3.8%

Value ($000) $53,477 Shares 2,232,854 Est. Cost $22.44 Unrealized +21.7%

EXEEL EXPAND ENERGY CORPORATION 3.5%

Value ($000) $49,271 Shares 456,802 Est. Cost $105.24 Unrealized —

BKD BROOKDALE SR LIVING INC 3.4%

Value ($000) $48,043 Shares 6,902,737 Est. Cost $6.49 Unrealized +0.2%

CTRI CENTURI HOLDINGS INC 2.2%

Value ($000) $30,371 Shares 1,353,425 Est. Cost $19.89 Unrealized -1.7%

— SPHERE ENTERTAINMENT CO 2.0%

Value ($000) $28,452 Shares 20,200,000 Est. Cost $1.40 Unrealized —

— ECHOSTAR CORP 1.9%

Value ($000) $26,633 Shares 22,728,496 Est. Cost $1.06 Unrealized —

GEO GEO GROUP INC NEW 1.7%

Value ($000) $23,950 Shares 1,000,000 Est. Cost $22.44 Unrealized +21.7%

— TRANSOCEAN INC 1.7%

Value ($000) $23,581 Shares 23,625,000 Est. Cost $1.00 Unrealized —

GBTG GLOBAL BUSINESS TRAVEL GROUP 1.2%

Value ($000) $16,455 Shares 2,611,864 Est. Cost $6.15 Unrealized +4.4%

VISN COMMSCOPE HLDG CO INC 0.9%

Value ($000) $12,254 Shares 1,479,923 Est. Cost $4.53 Unrealized +15.7%

CPT CAMDEN PPTY TR 0.8%

Value ($000) $10,811 Shares 95,936 Est. Cost $112.96 Unrealized -0.8%

UDR UDR INC 0.8%

Value ($000) $10,539 Shares 258,116 Est. Cost $39.15 Unrealized +3.3%

AVB AVALONBAY CMNTYS INC 0.7%

Value ($000) $10,388 Shares 51,047 Est. Cost $189.62 Unrealized +5.0%

EQR EQUITY RESIDENTIAL 0.7%

Value ($000) $10,296 Shares 152,549 Est. Cost $62.75 Unrealized +6.2%

VSAT VIASAT INC 0.7%

Value ($000) $9,490 Shares 650,000 Est. Cost $9.64 Unrealized +5.0%

OPTU ALTICE USA INC 0.6%

Value ($000) $8,675 Shares 4,053,609 Est. Cost $2.45 Unrealized -4.4%

CZR CAESARS ENTERTAINMENT INC NE 0.5%

Value ($000) $7,046 Shares 248,173 Est. Cost $32.53 Unrealized -16.4%

SBGI SINCLAIR INC 0.5%

Value ($000) $6,461 Shares 467,513 Est. Cost $16.26 Unrealized -12.6%

MAA MID-AMER APT CMNTYS INC 0.5%

Value ($000) $6,392 Shares 43,184 Est. Cost $153.17 Unrealized -0.4%

ESS ESSEX PPTY TR INC 0.4%

Value ($000) $6,220 Shares 21,947 Est. Cost $281.34 Unrealized -3.0%

DHC DIVERSIFIED HEALTHCARE TR 0.4%

Value ($000) $5,794 Shares 1,618,448 Est. Cost $6.69 Unrealized —

VAL/WS VALARIS LTD 0.2%

Value ($000) $2,653 Shares 687,260 Est. Cost $1.14 Unrealized —

— BROOKDALE SR LIVING INC 0.1%

Value ($000) $2,098 Shares 2,000,000 Est. Cost $1.04 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ITB	ISHARES TR	3,000,000	$647,370	46.2%	$45.17	—	Put	464288752
TLN	TALEN ENERGY CORP	542,743	$157,813	11.3%	$230.45	+3.0%	COM	87422Q109
TDS	TELEPHONE & DATA SYS INC	3,392,500	$120,705	8.6%	$33.72	+4.1%	COM NEW	879433829
CNNE	CANNAE HLDGS INC	3,189,027	$66,491	4.7%	$18.67	-3.2%	COM	13765N107
GEO	GEO GROUP INC NEW	2,232,854	$53,477	3.8%	$22.44	+21.7%	COM	36162J106
EXEEL	EXPAND ENERGY CORPORATION	456,802	$49,271	3.5%	$105.24	—	*W EXP 02/09/202	165167180
BKD	BROOKDALE SR LIVING INC	6,902,737	$48,043	3.4%	$6.49	+0.2%	COM	112463104
CTRI	CENTURI HOLDINGS INC	1,353,425	$30,371	2.2%	$19.89	-1.7%	COM SHS	155923105
—	SPHERE ENTERTAINMENT CO	20,200,000	$28,452	2.0%	$1.40	—	NOTE 3.500%12/0	55826TAB8
—	ECHOSTAR CORP	22,728,496	$26,633	1.9%	$1.06	—	NOTE 3.875%11/3	278768AB2
GEO	GEO GROUP INC NEW	1,000,000	$23,950	1.7%	$22.44	+21.7%	Call	36162J106
—	TRANSOCEAN INC	23,625,000	$23,581	1.7%	$1.00	—	DEB 4.000%12/1	893830BT5
GBTG	GLOBAL BUSINESS TRAVEL GROUP	2,611,864	$16,455	1.2%	$6.15	+4.4%	COM CL A	37890B100
VISN	COMMSCOPE HLDG CO INC	1,479,923	$12,254	0.9%	$4.53	+15.7%	COM	20337X109
CPT	CAMDEN PPTY TR	95,936	$10,811	0.8%	$112.96	-0.8%	SH BEN INT	133131102
UDR	UDR INC	258,116	$10,539	0.8%	$39.15	+3.3%	COM	902653104
AVB	AVALONBAY CMNTYS INC	51,047	$10,388	0.7%	$189.62	+5.0%	COM	053484101
EQR	EQUITY RESIDENTIAL	152,549	$10,296	0.7%	$62.75	+6.2%	SH BEN INT	29476L107
VSAT	VIASAT INC	650,000	$9,490	0.7%	$9.64	+5.0%	Call	92552V100
OPTU	ALTICE USA INC	4,053,609	$8,675	0.6%	$2.45	-4.4%	CL A	02156K103
CZR	CAESARS ENTERTAINMENT INC NE	248,173	$7,046	0.5%	$32.53	-16.4%	COM	12769G100
SBGI	SINCLAIR INC	467,513	$6,461	0.5%	$16.26	-12.6%	CL A	829242106
MAA	MID-AMER APT CMNTYS INC	43,184	$6,392	0.5%	$153.17	-0.4%	COM	59522J103
ESS	ESSEX PPTY TR INC	21,947	$6,220	0.4%	$281.34	-3.0%	COM	297178105
DHC	DIVERSIFIED HEALTHCARE TR	1,618,448	$5,794	0.4%	$6.69	—	COM SH BEN INT	25525P107
VAL/WS	VALARIS LTD	687,260	$2,653	0.2%	$1.14	—	*W EXP 04/29/202	G9460G119
—	BROOKDALE SR LIVING INC	2,000,000	$2,098	0.1%	$1.04	—	NOTE 2.000%10/1	112463AC8