CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001866872 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $4,327,707 (100.0% shares, 0.0% debt)

Holdings (33)

SPY SPDR S&P 500 ETF TR 72.3%

Value ($000) $3,131,046 Shares 4,700,000 Est. Cost — Unrealized —

TLN TALEN ENERGY CORP 5.5%

Value ($000) $238,529 Shares 560,743 Est. Cost $234.65 Unrealized +54.0%

TDS TELEPHONE & DATA SYS INC 3.3%

Value ($000) $144,423 Shares 3,680,500 Est. Cost $34.09 Unrealized +12.9%

VSAT VIASAT INC 1.8%

Value ($000) $78,671 Shares 2,685,000 Est. Cost $23.92 Unrealized 0.0%

VSAT VIASAT INC 1.7%

Value ($000) $75,380 Shares 2,572,692 Est. Cost $23.92 Unrealized 0.0%

CTRI CENTURI HOLDINGS INC 1.5%

Value ($000) $64,628 Shares 3,052,817 Est. Cost $20.63 Unrealized +2.9%

BKD BROOKDALE SR LIVING INC 1.4%

Value ($000) $60,372 Shares 7,127,737 Est. Cost $6.53 Unrealized +16.8%

— ECHOSTAR CORP 1.3%

Value ($000) $58,415 Shares 23,728,496 Est. Cost $1.12 Unrealized —

CNNE CANNAE HLDGS INC 1.3%

Value ($000) $58,391 Shares 3,189,027 Est. Cost $18.67 Unrealized +4.2%

SATS ECHOSTAR CORP 1.1%

Value ($000) $47,725 Shares 625,000 Est. Cost $45.28 Unrealized 0.0%

EXEEL EXPAND ENERGY CORPORATION 1.0%

Value ($000) $43,848 Shares 456,802 Est. Cost $105.24 Unrealized —

— SPHERE ENTERTAINMENT CO 0.9%

Value ($000) $38,178 Shares 20,200,000 Est. Cost $1.40 Unrealized —

GEO GEO GROUP INC NEW 0.8%

Value ($000) $35,858 Shares 1,750,000 Est. Cost $22.44 Unrealized +1.8%

— TRANSOCEAN INC 0.5%

Value ($000) $23,663 Shares 23,625,000 Est. Cost $1.00 Unrealized —

SATS ECHOSTAR CORP 0.5%

Value ($000) $22,908 Shares 300,000 Est. Cost $45.28 Unrealized 0.0%

VISN COMMSCOPE HLDG CO INC 0.5%

Value ($000) $20,372 Shares 1,316,023 Est. Cost $4.53 Unrealized +186.9%

DHC DIVERSIFIED HEALTHCARE TR 0.5%

Value ($000) $20,117 Shares 4,561,748 Est. Cost $5.22 Unrealized —

JEF JEFFERIES FINL GROUP INC 0.5%

Value ($000) $19,626 Shares 300,000 Est. Cost — Unrealized —

JEF JEFFERIES FINL GROUP INC 0.4%

Value ($000) $16,355 Shares 250,000 Est. Cost — Unrealized —

GEO GEO GROUP INC NEW 0.4%

Value ($000) $15,368 Shares 750,000 Est. Cost $22.44 Unrealized +1.8%

OPTU ALTICE USA INC 0.3%

Value ($000) $13,903 Shares 5,768,682 Est. Cost $2.45 Unrealized +0.0%

GBTG GLOBAL BUSINESS TRAVEL GROUP 0.3%

Value ($000) $13,777 Shares 1,705,039 Est. Cost $6.15 Unrealized +20.4%

WW WW INTL INC 0.3%

Value ($000) $12,219 Shares 446,615 Est. Cost $34.35 Unrealized 0.0%

KSS KOHLS CORP 0.3%

Value ($000) $11,528 Shares 750,000 Est. Cost — Unrealized —

CPT CAMDEN PPTY TR 0.2%

Value ($000) $10,244 Shares 95,936 Est. Cost $112.96 Unrealized -4.6%

EQR EQUITY RESIDENTIAL 0.2%

Value ($000) $9,874 Shares 152,549 Est. Cost $62.75 Unrealized +2.0%

AVB AVALONBAY CMNTYS INC 0.2%

Value ($000) $9,861 Shares 51,047 Est. Cost $189.62 Unrealized +0.8%

UDR UDR INC 0.2%

Value ($000) $9,617 Shares 258,116 Est. Cost $39.15 Unrealized -1.6%

CZR CAESARS ENTERTAINMENT INC NE 0.2%

Value ($000) $6,707 Shares 248,173 Est. Cost $32.53 Unrealized -16.7%

MAA MID-AMER APT CMNTYS INC 0.1%

Value ($000) $6,034 Shares 43,184 Est. Cost $153.17 Unrealized -6.9%

ESS ESSEX PPTY TR INC 0.1%

Value ($000) $5,874 Shares 21,947 Est. Cost $281.34 Unrealized -5.8%

— BROOKDALE SR LIVING INC 0.1%

Value ($000) $2,272 Shares 2,000,000 Est. Cost $1.04 Unrealized —

VAL/WS VALARIS LTD 0.0%

Value ($000) $1,924 Shares 687,260 Est. Cost $1.14 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	4,700,000	$3,131,046	72.3%	—	—	Put	78462F103
TLN	TALEN ENERGY CORP	560,743	$238,529	5.5%	$234.65	+54.0%	COM	87422Q109
TDS	TELEPHONE & DATA SYS INC	3,680,500	$144,423	3.3%	$34.09	+12.9%	COM NEW	879433829
VSAT	VIASAT INC	2,685,000	$78,671	1.8%	$23.92	0.0%	Call	92552V100
VSAT	VIASAT INC	2,572,692	$75,380	1.7%	$23.92	0.0%	COM	92552V100
CTRI	CENTURI HOLDINGS INC	3,052,817	$64,628	1.5%	$20.63	+2.9%	COM SHS	155923105
BKD	BROOKDALE SR LIVING INC	7,127,737	$60,372	1.4%	$6.53	+16.8%	COM	112463104
—	ECHOSTAR CORP	23,728,496	$58,415	1.3%	$1.12	—	NOTE 3.875%11/3	278768AB2
CNNE	CANNAE HLDGS INC	3,189,027	$58,391	1.3%	$18.67	+4.2%	COM	13765N107
SATS	ECHOSTAR CORP	625,000	$47,725	1.1%	$45.28	0.0%	CL A	278768106
EXEEL	EXPAND ENERGY CORPORATION	456,802	$43,848	1.0%	$105.24	—	*W EXP 02/09/202	165167180
—	SPHERE ENTERTAINMENT CO	20,200,000	$38,178	0.9%	$1.40	—	NOTE 3.500%12/0	55826TAB8
GEO	GEO GROUP INC NEW	1,750,000	$35,858	0.8%	$22.44	+1.8%	Call	36162J106
—	TRANSOCEAN INC	23,625,000	$23,663	0.5%	$1.00	—	DEB 4.000%12/1	893830BT5
SATS	ECHOSTAR CORP	300,000	$22,908	0.5%	$45.28	0.0%	Call	278768106
VISN	COMMSCOPE HLDG CO INC	1,316,023	$20,372	0.5%	$4.53	+186.9%	COM	20337X109
DHC	DIVERSIFIED HEALTHCARE TR	4,561,748	$20,117	0.5%	$5.22	—	COM SH BEN INT	25525P107
JEF	JEFFERIES FINL GROUP INC	300,000	$19,626	0.5%	—	—	Call	47233W109
JEF	JEFFERIES FINL GROUP INC	250,000	$16,355	0.4%	—	—	Put	47233W109
GEO	GEO GROUP INC NEW	750,000	$15,368	0.4%	$22.44	+1.8%	COM	36162J106
OPTU	ALTICE USA INC	5,768,682	$13,903	0.3%	$2.45	+0.0%	CL A	02156K103
GBTG	GLOBAL BUSINESS TRAVEL GROUP	1,705,039	$13,777	0.3%	$6.15	+20.4%	COM CL A	37890B100
WW	WW INTL INC	446,615	$12,219	0.3%	$34.35	0.0%	COM NEW	98262P200
KSS	KOHLS CORP	750,000	$11,528	0.3%	—	—	Put	500255104
CPT	CAMDEN PPTY TR	95,936	$10,244	0.2%	$112.96	-4.6%	SH BEN INT	133131102
EQR	EQUITY RESIDENTIAL	152,549	$9,874	0.2%	$62.75	+2.0%	SH BEN INT	29476L107
AVB	AVALONBAY CMNTYS INC	51,047	$9,861	0.2%	$189.62	+0.8%	COM	053484101
UDR	UDR INC	258,116	$9,617	0.2%	$39.15	-1.6%	COM	902653104
CZR	CAESARS ENTERTAINMENT INC NE	248,173	$6,707	0.2%	$32.53	-16.7%	COM	12769G100
MAA	MID-AMER APT CMNTYS INC	43,184	$6,034	0.1%	$153.17	-6.9%	COM	59522J103
ESS	ESSEX PPTY TR INC	21,947	$5,874	0.1%	$281.34	-5.8%	COM	297178105
—	BROOKDALE SR LIVING INC	2,000,000	$2,272	0.1%	$1.04	—	NOTE 2.000%10/1	112463AC8
VAL/WS	VALARIS LTD	687,260	$1,924	0.0%	$1.14	—	*W EXP 04/29/202	G9460G119