CARRONADE CAPITAL MANAGEMENT, LP

CIK: 0001866872SEC EDGAR →

Portfolio Value

$7.3B

Holdings

29

As of

Q4 2025

New Positions

5

Closed Positions

2

Top 10 Holdings

RankStockSharesValue% of Portfolio
1
SPYPut

SPDR S&P 500 ETF TR

7,125,000$4.9B
66.44%
2
IEFPut

ISHARES TR

11,500,000$1.1B
15.12%
3

TALEN ENERGY CORP

577,239$216.4M
2.96%
4

TELEPHONE & DATA SYS INC

4,203,594$172.3M
2.36%
5
CMCSACall

COMCAST CORP NEW

6,000,000$168.0M
2.30%
6
VSATCall

VIASAT INC

4,711,501$162.4M
2.22%
7
SATSCall

ECHOSTAR CORP

1,043,915$113.5M
1.55%
8

CENTURI HOLDINGS INC

3,988,664$100.7M
1.38%
9

ECHOSTAR CORP

24,638,496$82.5M
1.13%
10

BROOKDALE SR LIVING INC

7,349,874$79.3M
1.08%

Quarterly Changes

Top Buys

SPY↑ Increased
$1.7B
IEFNEW
$1.1B
$168.0M
SATS↑ Increased
$42.8M
CTRI↑ Increased
$36.1M

Top Sells

GEGCLOSED
$51.2M
EXEELCLOSED
$43.8M
JEFCLOSED
$36.0M
$23.7M
VISN↓ Decreased
$18.8M

New Positions (5)

$1.1B · 11.5M shares
$168.0M · 6.0M shares
$16.0M · 993K shares
$1.5M · 100K shares
$1.0M · 325K shares

Closed Positions (5)

$51.2M · 2.5M shares
$43.8M · 457K shares
$36.0M · 550K shares
$23.7M · 23.6M shares
$13.8M · 1.7M shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services2$6.0B81.6%
Communication Services3$350.3M4.8%
Utilities2$317.1M4.3%
Technology5$302.0M4.1%
Unknown4$222.8M3.0%
Consumer Cyclical4$86.0M1.2%
Real Estate6$51.9M0.7%
Healthcare2$17.0M0.2%
Energy1$1.2M0.0%