Filed: 2/14/2023ACC: 0001420506-23-000681
📋 What this filing means
CARRONADE CAPITAL MANAGEMENT, LP filed this quarterly 13F‑HR report disclosing 24 equity positions with a total reported market value of $458.51M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$458.51M
Total AUM (reported)
109.62M
Total Shares
Allocation by class
PUT$83.00M18.1%
COM$79.40M17.3%
ENERGY$61.23M13.4%
*W EXP 02/09/202$35.30M7.7%
DEB 4.000%12/1$27.03M5.9%
NOTE 5.500% 2/2$26.34M5.7%
COM CL A$21.51M4.7%
Portfolio Concentration
Top 3$139.35M30.4%
4–10$195.51M42.6%
11–25$123.64M27.0%
Top 3 weight
30.4%
Top 10 weight
73.0%
Voting Authority Distribution
Total shares with voting rights: 109.62M
Sole
Full voting authority
109.62M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole24
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings24
Rows:
SELECT SECTOR SPDR TR
SOLEShares700K
TypeSH
Market value$61.23M
13.35%
Sole
700K
Shared
0.00
None
0.00
SPDR SER TR
SOLEShares300K
TypeSH
Market value$40.76M
8.89%
Sole
300K
Shared
0.00
None
0.00
FIRSTENERGY CORP
SOLEShares890.84K
TypeSH
Market value$37.36M
8.15%
Sole
890.84K
Shared
0.00
None
0.00
SOUTHWEST GAS HLDGS INC
SOLEShares594.09K
TypeSH
Market value$36.76M
8.02%
Sole
594.09K
Shared
0.00
None
0.00
CHESAPEAKE ENERGY CORP
SOLEShares456.25K
TypeSH
Market value$35.30M
7.70%
Sole
456.25K
Shared
0.00
None
0.00
3M CO
SOLEShares250K
TypeSH
Market value$29.98M
6.54%
Sole
250K
Shared
0.00
None
0.00
TRANSOCEAN INC
SOLEShares22.50M
TypePRN
Market value$27.03M
5.89%
Sole
22.50M
Shared
0.00
None
0.00
AURORA CANNABIS INC
SOLEShares27.58M
TypePRN
Market value$26.34M
5.74%
Sole
27.58M
Shared
0.00
None
0.00
DISH NETWORK CORPORATION
SOLEShares23M
TypePRN
Market value$20.72M
4.52%
Sole
23M
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares275K
TypeSH
Market value$19.39M
4.23%
Sole
275K
Shared
0.00
None
0.00
GLOBAL BUSINESS TRAVEL GROUP
SOLEShares2.82M
TypeSH
Market value$19.00M
4.14%
Sole
2.82M
Shared
0.00
None
0.00
ACTIVISION BLIZZARD INC
SOLEShares201.60K
TypeSH
Market value$15.43M
3.37%
Sole
201.60K
Shared
0.00
None
0.00
SHAW COMMUNICATIONS INC
SOLEShares498.50K
TypeSH
Market value$14.36M
3.13%
Sole
498.50K
Shared
0.00
None
0.00
MEDICAL PPTYS TRUST INC
SOLEShares1.10M
TypeSH
Market value$12.25M
2.67%
Sole
1.10M
Shared
0.00
None
0.00
HERTZ GLOBAL HLDGS INC
SOLEShares745K
TypeSH
Market value$11.47M
2.50%
Sole
745K
Shared
0.00
None
0.00
VALARIS LIMITED
SOLEShares953.87K
TypeSH
Market value$11.35M
2.48%
Sole
953.87K
Shared
0.00
None
0.00
HERTZ GLOBAL HLDGS INC
SOLEShares1.40M
TypeSH
Market value$10.41M
2.27%
Sole
1.40M
Shared
0.00
None
0.00
SPDR SER TR
SOLEShares75K
TypeSH
Market value$10.19M
2.22%
Sole
75K
Shared
0.00
None
0.00
MICROSTRATEGY INC
SOLEShares18.85M
TypePRN
Market value$6.88M
1.50%
Sole
18.85M
Shared
0.00
None
0.00
NEXTERA ENERGY INC
SOLEShares53.50K
TypeSH
Market value$4.47M
0.98%
Sole
53.50K
Shared
0.00
None
0.00
DISH NETWORK CORPORATION
SOLEShares5.50M
TypePRN
Market value$3.50M
0.76%
Sole
5.50M
Shared
0.00
None
0.00
CUMULUS MEDIA INC
SOLEShares404.38K
TypeSH
Market value$2.51M
0.55%
Sole
404.38K
Shared
0.00
None
0.00
GOL LINHAS AEREAS INTELIGENT
SOLEShares375K
TypeSH
Market value$1.00M
0.22%
Sole
375K
Shared
0.00
None
0.00
BERRY CORP
SOLEShares100K
TypeSH
Market value$800.0K
0.17%
Sole
100K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SELECT SECTOR SPDR TRSOLE | ENERGY | 700K | SH | $61.23M 13.35% | 700K | 0.00 | 0.00 |
SPDR SER TRSOLE | PUT | 300K | SH | $40.76M 8.89% | 300K | 0.00 | 0.00 |
FIRSTENERGY CORPSOLE | COM | 890.84K | SH | $37.36M 8.15% | 890.84K | 0.00 | 0.00 |
SOUTHWEST GAS HLDGS INCSOLE | COM | 594.09K | SH | $36.76M 8.02% | 594.09K | 0.00 | 0.00 |
CHESAPEAKE ENERGY CORPSOLE | *W EXP 02/09/202 | 456.25K | SH | $35.30M 7.70% | 456.25K | 0.00 | 0.00 |
3M COSOLE | PUT | 250K | SH | $29.98M 6.54% | 250K | 0.00 | 0.00 |
TRANSOCEAN INCSOLE | DEB 4.000%12/1 | 22.50M | PRN | $27.03M 5.89% | 22.50M | 0.00 | 0.00 |
AURORA CANNABIS INCSOLE | NOTE 5.500% 2/2 | 27.58M | PRN | $26.34M 5.74% | 27.58M | 0.00 | 0.00 |
DISH NETWORK CORPORATIONSOLE | NOTE 2.375% 3/1 | 23M | PRN | $20.72M 4.52% | 23M | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | SBI INT-UTILS | 275K | SH | $19.39M 4.23% | 275K | 0.00 | 0.00 |
GLOBAL BUSINESS TRAVEL GROUPSOLE | COM CL A | 2.82M | SH | $19.00M 4.14% | 2.82M | 0.00 | 0.00 |
ACTIVISION BLIZZARD INCSOLE | CALL | 201.60K | SH | $15.43M 3.37% | 201.60K | 0.00 | 0.00 |
SHAW COMMUNICATIONS INCSOLE | CL B CONV | 498.50K | SH | $14.36M 3.13% | 498.50K | 0.00 | 0.00 |
MEDICAL PPTYS TRUST INCSOLE | PUT | 1.10M | SH | $12.25M 2.67% | 1.10M | 0.00 | 0.00 |
HERTZ GLOBAL HLDGS INCSOLE | COM NEW | 745K | SH | $11.47M 2.50% | 745K | 0.00 | 0.00 |
VALARIS LIMITEDSOLE | *W EXP 04/29/202 | 953.87K | SH | $11.35M 2.48% | 953.87K | 0.00 | 0.00 |
HERTZ GLOBAL HLDGS INCSOLE | *W EXP 06/30/205 | 1.40M | SH | $10.41M 2.27% | 1.40M | 0.00 | 0.00 |
SPDR SER TRSOLE | S&P OILGAS EXP | 75K | SH | $10.19M 2.22% | 75K | 0.00 | 0.00 |
MICROSTRATEGY INCSOLE | NOTE 2/1 | 18.85M | PRN | $6.88M 1.50% | 18.85M | 0.00 | 0.00 |
NEXTERA ENERGY INCSOLE | COM | 53.50K | SH | $4.47M 0.98% | 53.50K | 0.00 | 0.00 |
DISH NETWORK CORPORATIONSOLE | NOTE 12/1 | 5.50M | PRN | $3.50M 0.76% | 5.50M | 0.00 | 0.00 |
CUMULUS MEDIA INCSOLE | COM CL A | 404.38K | SH | $2.51M 0.55% | 404.38K | 0.00 | 0.00 |
GOL LINHAS AEREAS INTELIGENTSOLE | CALL | 375K | SH | $1.00M 0.22% | 375K | 0.00 | 0.00 |
BERRY CORPSOLE | COM | 100K | SH | $800.0K 0.17% | 100K | 0.00 | 0.00 |