CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund

Location: DARIEN, CT

CIK: 0001866872 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: May 15, 2026

Total Value: $7.339B (100.0% shares, 0.0% debt)

Holdings (31)

SPY SPDR S&P 500 ETF TR 66.2%

Value $4.859B Shares 7,125,000 Est. Cost — Unrealized —

IEF ISHARES TR 15.1%

Value $1.106B Shares 11,500,000 Est. Cost — Unrealized —

TLN TALEN ENERGY CORP 2.9%

Value $216M Shares 577,239 Est. Cost $239.05 Unrealized +62.6%

TDS TELEPHONE & DATA SYS INC 2.3%

Value $172M Shares 4,203,594 Est. Cost $34.69 Unrealized +12.3%

CMCSA COMCAST CORP NEW 2.3%

Value $168M Shares 6,000,000 Est. Cost — Unrealized —

VSAT VIASAT INC 1.4%

Value $103M Shares 2,974,801 Est. Cost $25.46 Unrealized +38.7%

CTRI CENTURI HOLDINGS INC 1.4%

Value $101M Shares 3,988,664 Est. Cost $21.04 Unrealized +6.3%

— ECHOSTAR CORP 1.1%

Value $82.5M Shares 24,638,496 Est. Cost $1.20 Unrealized —

BKD BROOKDALE SR LIVING INC 1.1%

Value $79.31M Shares 7,349,874 Est. Cost $6.63 Unrealized +48.4%

SATS ECHOSTAR CORP 1.0%

Value $69.99M Shares 643,915 Est. Cost $46.34 Unrealized +75.7%

VSAT VIASAT INC 0.8%

Value $59.85M Shares 1,736,700 Est. Cost $25.46 Unrealized +38.7%

— SPHERE ENTERTAINMENT CO 0.8%

Value $58.36M Shares 21,150,000 Est. Cost $1.46 Unrealized —

CNNE CANNAE HLDGS INC 0.7%

Value $51.32M Shares 3,262,648 Est. Cost $18.63 Unrealized -9.4%

SATS ECHOSTAR CORP 0.6%

Value $43.48M Shares 400,000 Est. Cost $46.34 Unrealized +75.7%

VISN COMMSCOPE HLDG CO INC 0.4%

Value $28.05M Shares 1,546,923 Est. Cost $4.53 Unrealized +281.1%

DHC DIVERSIFIED HEALTHCARE TR 0.3%

Value $23.1M Shares 4,763,537 Est. Cost $5.20 Unrealized —

GEO GEO GROUP INC NEW 0.2%

Value $16.01M Shares 992,931 Est. Cost $21.03 Unrealized -20.7%

KSS KOHLS CORP 0.2%

Value $15.31M Shares 750,000 Est. Cost — Unrealized —

WW WW INTL INC 0.2%

Value $13.38M Shares 457,835 Est. Cost $34.19 Unrealized -18.3%

CPT CAMDEN PPTY TR 0.1%

Value $10.83M Shares 98,344 Est. Cost $112.72 Unrealized -8.5%

OPTU OPTIMUM COMMUNICATIONS INC 0.1%

Value $9.926M Shares 6,015,682 Est. Cost $2.44 Unrealized -16.4%

EQR EQUITY RESIDENTIAL 0.1%

Value $9.858M Shares 156,378 Est. Cost $62.70 Unrealized -3.2%

UDR UDR INC 0.1%

Value $9.705M Shares 264,595 Est. Cost $39.06 Unrealized -9.0%

AVB AVALONBAY CMNTYS INC 0.1%

Value $9.488M Shares 52,328 Est. Cost $189.38 Unrealized -5.1%

MAA MID-AMER APT CMNTYS INC 0.1%

Value $6.149M Shares 44,268 Est. Cost $152.68 Unrealized -12.9%

CZR CAESARS ENTERTAINMENT INC NE 0.1%

Value $6.015M Shares 257,160 Est. Cost $32.18 Unrealized -30.1%

ESS ESSEX PPTY TR INC 0.1%

Value $5.887M Shares 22,498 Est. Cost $280.72 Unrealized -8.7%

— BROOKDALE SR LIVING INC 0.0%

Value $2.629M Shares 2,000,000 Est. Cost $1.04 Unrealized —

CORZ CORE SCIENTIFIC INC NEW 0.0%

Value $1.456M Shares 100,000 Est. Cost $17.44 Unrealized 0.0%

VAL/WS VALARIS LTD 0.0%

Value $1.21M Shares 687,260 Est. Cost $1.14 Unrealized —

CYH COMMUNITY HEALTH SYS INC NEW 0.0%

Value $1.014M Shares 325,000 Est. Cost $3.36 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	7,125,000	$4.859B	66.2%	—	—	Put	78462F103
IEF	ISHARES TR	11,500,000	$1.106B	15.1%	—	—	Put	464287440
TLN	TALEN ENERGY CORP	577,239	$216M	2.9%	$239.05	+62.6%	COM	87422Q109
TDS	TELEPHONE & DATA SYS INC	4,203,594	$172M	2.3%	$34.69	+12.3%	COM NEW	879433829
CMCSA	COMCAST CORP NEW	6,000,000	$168M	2.3%	—	—	Call	20030N101
VSAT	VIASAT INC	2,974,801	$103M	1.4%	$25.46	+38.7%	COM	92552V100
CTRI	CENTURI HOLDINGS INC	3,988,664	$101M	1.4%	$21.04	+6.3%	COM SHS	155923105
—	ECHOSTAR CORP	24,638,496	$82.5M	1.1%	$1.20	—	NOTE 3.875%11/3	278768AB2
BKD	BROOKDALE SR LIVING INC	7,349,874	$79.31M	1.1%	$6.63	+48.4%	COM	112463104
SATS	ECHOSTAR CORP	643,915	$69.99M	1.0%	$46.34	+75.7%	CL A	278768106
VSAT	VIASAT INC	1,736,700	$59.85M	0.8%	$25.46	+38.7%	Call	92552V100
—	SPHERE ENTERTAINMENT CO	21,150,000	$58.36M	0.8%	$1.46	—	NOTE 3.500%12/0	55826TAB8
CNNE	CANNAE HLDGS INC	3,262,648	$51.32M	0.7%	$18.63	-9.4%	COM	13765N107
SATS	ECHOSTAR CORP	400,000	$43.48M	0.6%	$46.34	+75.7%	Call	278768106
VISN	COMMSCOPE HLDG CO INC	1,546,923	$28.05M	0.4%	$4.53	+281.1%	COM	20337X109
DHC	DIVERSIFIED HEALTHCARE TR	4,763,537	$23.1M	0.3%	$5.20	—	COM SH BEN INT	25525P107
GEO	GEO GROUP INC NEW	992,931	$16.01M	0.2%	$21.03	-20.7%	COM	36162J106
KSS	KOHLS CORP	750,000	$15.31M	0.2%	—	—	Put	500255104
WW	WW INTL INC	457,835	$13.38M	0.2%	$34.19	-18.3%	COM NEW	98262P200
CPT	CAMDEN PPTY TR	98,344	$10.83M	0.1%	$112.72	-8.5%	SH BEN INT	133131102
OPTU	OPTIMUM COMMUNICATIONS INC	6,015,682	$9.926M	0.1%	$2.44	-16.4%	CL A	02156K103
EQR	EQUITY RESIDENTIAL	156,378	$9.858M	0.1%	$62.70	-3.2%	SH BEN INT	29476L107
UDR	UDR INC	264,595	$9.705M	0.1%	$39.06	-9.0%	COM	902653104
AVB	AVALONBAY CMNTYS INC	52,328	$9.488M	0.1%	$189.38	-5.1%	COM	053484101
MAA	MID-AMER APT CMNTYS INC	44,268	$6.149M	0.1%	$152.68	-12.9%	COM	59522J103
CZR	CAESARS ENTERTAINMENT INC NE	257,160	$6.015M	0.1%	$32.18	-30.1%	COM	12769G100
ESS	ESSEX PPTY TR INC	22,498	$5.887M	0.1%	$280.72	-8.7%	COM	297178105
—	BROOKDALE SR LIVING INC	2,000,000	$2.629M	0.0%	$1.04	—	NOTE 2.000%10/1	112463AC8
CORZ	CORE SCIENTIFIC INC NEW	100,000	$1.456M	0.0%	$17.44	0.0%	COM	21874A106
VAL/WS	VALARIS LTD	687,260	$1.21M	0.0%	$1.14	—	*W EXP 04/29/202	G9460G119
CYH	COMMUNITY HEALTH SYS INC NEW	325,000	$1.014M	0.0%	$3.36	0.0%	COM	203668108