Filed: 11/14/2025ACC: 0000935836-25-000675
📋 What this filing means
LONESTAR CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $684.94M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$684.94M
Total AUM (reported)
12.22M
Total Shares
Allocation by class
UNIT SER 1$210.13M30.7%
TR UNIT$199.85M29.2%
RUS 2000 VAL ETF$77.43M11.3%
20 YR TR BD ETF$53.62M7.8%
COM$43.85M6.4%
COM SH BEN INT$23.29M3.4%
COM UT LTD PTN$18.88M2.8%
Portfolio Concentration
Top 3$487.41M71.2%
4–10$129.09M18.8%
11–25$66.58M9.7%
Rest$1.85M0.3%
Top 3 weight
71.2%
Top 10 weight
90.0%
Voting Authority Distribution
Total shares with voting rights: 12.22M
Sole
Full voting authority
12.22M
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)
Sole27
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings27
Rows:
INVESCO QQQ TR
SOLEShares3.50K
TypeSH
Market value$210.13M
30.68%
Sole
3.50K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares3K
TypeSH
Market value$199.85M
29.18%
Sole
3K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.20K
TypeSH
Market value$77.43M
11.30%
Sole
3.20K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares6K
TypeSH
Market value$53.62M
7.83%
Sole
6K
Shared
0.00
None
0.00
ENERGY TRANSFER L P
SOLEShares1.10M
TypeSH
Market value$18.88M
2.76%
Sole
1.10M
Shared
0.00
None
0.00
DIVERSIFIED HEALTHCARE TR
SOLEShares3.60M
TypeSH
Market value$15.88M
2.32%
Sole
3.60M
Shared
0.00
None
0.00
GARRETT MOTION INC
SOLEShares1.01M
TypeSH
Market value$13.76M
2.01%
Sole
1.01M
Shared
0.00
None
0.00
NRG ENERGY INC
SOLEShares60K
TypeSH
Market value$9.72M
1.42%
Sole
60K
Shared
0.00
None
0.00
GLOBAL SHIP LEASE INC NEW
SOLEShares288K
TypeSH
Market value$8.84M
1.29%
Sole
288K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares110K
TypeSH
Market value$8.40M
1.23%
Sole
110K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares84K
TypeSH
Market value$8.32M
1.21%
Sole
84K
Shared
0.00
None
0.00
GOLAR LNG LTD
SOLEShares200K
TypeSH
Market value$8.08M
1.18%
Sole
200K
Shared
0.00
None
0.00
SERVICE PPTYS TR
SOLEShares2.73M
TypeSH
Market value$7.41M
1.08%
Sole
2.73M
Shared
0.00
None
0.00
LUMEN TECHNOLOGIES INC
SOLEShares1M
TypeSH
Market value$6.12M
0.89%
Sole
1M
Shared
0.00
None
0.00
GENERAC HLDGS INC
SOLEShares30K
TypeSH
Market value$5.02M
0.73%
Sole
30K
Shared
0.00
None
0.00
ADT INC DEL
SOLEShares520K
TypeSH
Market value$4.53M
0.66%
Sole
520K
Shared
0.00
None
0.00
EXPAND ENERGY CORPORATION
SOLEShares40K
TypeSH
Market value$4.25M
0.62%
Sole
40K
Shared
0.00
None
0.00
GENIUS SPORTS LIMITED
SOLEShares300K
TypeSH
Market value$3.71M
0.54%
Sole
300K
Shared
0.00
None
0.00
EQT CORP
SOLEShares60K
TypeSH
Market value$3.27M
0.48%
Sole
60K
Shared
0.00
None
0.00
ANTERO RESOURCES CORP
SOLEShares90K
TypeSH
Market value$3.02M
0.44%
Sole
90K
Shared
0.00
None
0.00
JD.COM INC
SOLEShares80K
TypeSH
Market value$2.80M
0.41%
Sole
80K
Shared
0.00
None
0.00
UNITED PARCEL SERVICE INC
SOLEShares33K
TypeSH
Market value$2.76M
0.40%
Sole
33K
Shared
0.00
None
0.00
HERTZ GLOBAL HLDGS INC
SOLEShares400K
TypeSH
Market value$2.72M
0.40%
Sole
400K
Shared
0.00
None
0.00
FLUTTER ENTMT PLC
SOLEShares10K
TypeSH
Market value$2.54M
0.37%
Sole
10K
Shared
0.00
None
0.00
PG&E CORP
SOLEShares135K
TypeSH
Market value$2.04M
0.30%
Sole
135K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO QQQ TRSOLE | UNIT SER 1 | 3.50K | SH | $210.13M 30.68% | 3.50K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 3K | SH | $199.85M 29.18% | 3K | 0.00 | 0.00 |
ISHARES TRSOLE | RUS 2000 VAL ETF | 3.20K | SH | $77.43M 11.30% | 3.20K | 0.00 | 0.00 |
ISHARES TRSOLE | 20 YR TR BD ETF | 6K | SH | $53.62M 7.83% | 6K | 0.00 | 0.00 |
ENERGY TRANSFER L PSOLE | COM UT LTD PTN | 1.10M | SH | $18.88M 2.76% | 1.10M | 0.00 | 0.00 |
DIVERSIFIED HEALTHCARE TRSOLE | COM SH BEN INT | 3.60M | SH | $15.88M 2.32% | 3.60M | 0.00 | 0.00 |
GARRETT MOTION INCSOLE | COM | 1.01M | SH | $13.76M 2.01% | 1.01M | 0.00 | 0.00 |
NRG ENERGY INCSOLE | COM NEW | 60K | SH | $9.72M 1.42% | 60K | 0.00 | 0.00 |
GLOBAL SHIP LEASE INC NEWSOLE | COM CL A | 288K | SH | $8.84M 1.29% | 288K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 110K | SH | $8.40M 1.23% | 110K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | JUNIOR GOLD MINE | 84K | SH | $8.32M 1.21% | 84K | 0.00 | 0.00 |
GOLAR LNG LTDSOLE | SHS | 200K | SH | $8.08M 1.18% | 200K | 0.00 | 0.00 |
SERVICE PPTYS TRSOLE | COM SH BEN INT | 2.73M | SH | $7.41M 1.08% | 2.73M | 0.00 | 0.00 |
LUMEN TECHNOLOGIES INCSOLE | COM | 1M | SH | $6.12M 0.89% | 1M | 0.00 | 0.00 |
GENERAC HLDGS INCSOLE | COM | 30K | SH | $5.02M 0.73% | 30K | 0.00 | 0.00 |
ADT INC DELSOLE | COM | 520K | SH | $4.53M 0.66% | 520K | 0.00 | 0.00 |
EXPAND ENERGY CORPORATIONSOLE | COM | 40K | SH | $4.25M 0.62% | 40K | 0.00 | 0.00 |
GENIUS SPORTS LIMITEDSOLE | SHARES CL A | 300K | SH | $3.71M 0.54% | 300K | 0.00 | 0.00 |
EQT CORPSOLE | COM | 60K | SH | $3.27M 0.48% | 60K | 0.00 | 0.00 |
ANTERO RESOURCES CORPSOLE | COM | 90K | SH | $3.02M 0.44% | 90K | 0.00 | 0.00 |
JD.COM INCSOLE | SPON ADS CL A | 80K | SH | $2.80M 0.41% | 80K | 0.00 | 0.00 |
UNITED PARCEL SERVICE INCSOLE | CL B | 33K | SH | $2.76M 0.40% | 33K | 0.00 | 0.00 |
HERTZ GLOBAL HLDGS INCSOLE | COM NEW | 400K | SH | $2.72M 0.40% | 400K | 0.00 | 0.00 |
FLUTTER ENTMT PLCSOLE | SHS | 10K | SH | $2.54M 0.37% | 10K | 0.00 | 0.00 |
PG&E CORPSOLE | COM | 135K | SH | $2.04M 0.30% | 135K | 0.00 | 0.00 |
Page 1 of 2