Filed: 2/17/2026ACC: 0001012975-26-000167
📋 What this filing means
KNIGHTHEAD CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 6 equity positions with a total reported market value of $1.39B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
6
Positions
$1.39B
Total AUM (reported)
443.27M
Total Shares
Allocation by class
COM NEW$953.84M68.9%
COM CL A$169.44M12.2%
IBOXX HI YD ETF$161.26M11.6%
20 YR TR BD ETF$87.16M6.3%
CL A$13.59M1.0%
Portfolio Concentration
Top 3$1.26B91.2%
4–10$121.91M8.8%
Top 3 weight
91.2%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 443.27M
Sole
Full voting authority
443.27M
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)
Sole0
Shared0
Other6
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings6
Rows:
HERTZ GLOBAL HLDGS INC
DFNDShares181.46M
TypeSH
Market value$932.68M
67.33%
Sole
181.46M
Shared
0.00
None
0.00
WHEELS UP EXPERIENCE INC
DFNDShares258.17M
TypeSH
Market value$169.44M
12.23%
Sole
258.17M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares2M
TypeSH
Market value$161.26M
11.64%
Sole
2M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares1M
TypeSH
Market value$87.16M
6.29%
Sole
1M
Shared
0.00
None
0.00
TELEPHONE & DATA SYS INC
DFNDShares516K
TypeSH
Market value$21.16M
1.53%
Sole
516K
Shared
0.00
None
0.00
ECHOSTAR CORP
DFNDShares125.03K
TypeSH
Market value$13.59M
0.98%
Sole
125.03K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
HERTZ GLOBAL HLDGS INCDFND | COM NEW | 181.46M | SH | $932.68M 67.33% | 181.46M | 0.00 | 0.00 |
WHEELS UP EXPERIENCE INCDFND | COM CL A | 258.17M | SH | $169.44M 12.23% | 258.17M | 0.00 | 0.00 |
ISHARES TRDFND | IBOXX HI YD ETF | 2M | SH | $161.26M 11.64% | 2M | 0.00 | 0.00 |
ISHARES TRDFND | 20 YR TR BD ETF | 1M | SH | $87.16M 6.29% | 1M | 0.00 | 0.00 |
TELEPHONE & DATA SYS INCDFND | COM NEW | 516K | SH | $21.16M 1.53% | 516K | 0.00 | 0.00 |
ECHOSTAR CORPDFND | CL A | 125.03K | SH | $13.59M 0.98% | 125.03K | 0.00 | 0.00 |