CARRONADE CAPITAL MANAGEMENT, LP Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$4.3T

Holdings

29

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (29 positions)

#StockSharesValue% PortfolioType
1
SPYSPDR S&P 500 ETF TR
4,700,000$3.1T72.35%Put
2
TLNTALEN ENERGY CORP
560,743$238.5B5.51%
3
VSATVIASAT INC
5,257,692$154.1B3.56%Call
4
TDSTELEPHONE & DATA SYS INC
3,680,500$144.4B3.34%
5
SATSECHOSTAR CORP
925,000$70.6B1.63%Call
6
CTRICENTURI HOLDINGS INC
3,052,817$64.6B1.49%
7
B7SBROOKDALE SR LIVING INC
7,127,737$60.4B1.40%
8
SATS 3.875 11/30/30ECHOSTAR CORP
23,728,496$58.4B1.35%
9
CNNECANNAE HLDGS INC
3,189,027$58.4B1.35%
10
GEGGEO GROUP INC NEW
2,500,000$51.2B1.18%Call
11
EXEELEXPAND ENERGY CORPORATION
456,802$43.8B1.01%
12
SPHR 3.5 12/01/28SPHERE ENTERTAINMENT CO
20,200,000$38.2B0.88%
13
JEFJEFFERIES FINL GROUP INC
550,000$36.0B0.83%Put
14
RIG 4 12/15/25 *TRANSOCEAN INC
23,625,000$23.7B0.55%
15
VISNCOMMSCOPE HLDG CO INC
1,316,023$20.4B0.47%
16
DHCDIVERSIFIED HEALTHCARE TR
4,561,748$20.1B0.46%
17
OPTUALTICE USA INC
5,768,682$13.9B0.32%
18
GBTGGLOBAL BUSINESS TRAVEL GROUP
1,705,039$13.8B0.32%
19
WWWW INTL INC
446,615$12.2B0.28%
20
KSSKOHLS CORP
750,000$11.5B0.27%Put
21
CPTCAMDEN PPTY TR
95,936$10.2B0.24%
22
EQREQUITY RESIDENTIAL
152,549$9.9B0.23%
23
AVBAVALONBAY CMNTYS INC
51,047$9.9B0.23%
24
UDRUDR INC
258,116$9.6B0.22%
25
CZRCAESARS ENTERTAINMENT INC NE
248,173$6.7B0.15%
26
MAAMID-AMER APT CMNTYS INC
43,184$6.0B0.14%
27
ESSESSEX PPTY TR INC
21,947$5.9B0.14%
28
BKD 2 10/15/26BROOKDALE SR LIVING INC
2,000,000$2.3B0.05%
29
VALVALARIS LTD
687,260$1.9B0.04%