CARRONADE CAPITAL MANAGEMENT, LP
CIK 1866872 · View on SEC EDGAR ↗
- Portfolio value
- $5.3B
- Positions
- 23
- As of
- June 30, 2026
#774 of 9,443 by 13F value · top 8.2%
Portfolio value QoQ: -30.5% 13F does not disclose cash
- Top 10 holdings weight
- 91.64%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 13
- Effective number of positions
- 2.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.22% Est. buys $3,812,537,036 · sells $79,298,458
Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 35.4% still held
- New positions
- 5
- Increased
- 14
- Decreased
- 2
- Closed
- 8
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 86.7% · Options excluded: 83.5%
Sector breakdown
Utilities
5.8%
Telecommunication
5.3%
Health Care
5.3%
Communications
5.0%
Industrials
3.0%
Communication Services
2.3%
Real Estate
1.1%
Financial Services
0.9%
Technology
0.5%
Diversified Consumer Services
0.1%
Other/Unmapped
70.7%
Full portfolio 23 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPY SPY | $3,360,465,000 | 63.23% | 4,500,000 | Up ×1 | |||
| TLN Talen Energy Corporation - Common Stock | $305,684,000 | 5.75% | 795,514 | $99,945,000 | Up ×5 | ||
| VSAT ViaSat, Inc. - Common Stock | $267,632,000 | 5.04% | 2,979,976 | $119,730,000 | Down ×1 | ||
| TDS Telephone and Data Systems, Inc. Common Shares | $196,863,000 | 3.70% | 5,319,175 | $2,195,000 | Up ×5 | ||
| CTRI Centuri Holdings, Inc. Common Stock | $160,146,000 | 3.01% | 5,295,841 | $26,852,000 | Up ×5 | ||
| BKD Brookdale Senior Living Inc. Common Stock | $158,940,000 | 2.99% | 9,878,207 | $41,472,000 | Up ×5 | ||
| VISN Vistance Networks, Inc. - Common Stock | $141,935,000 | 2.67% | 11,106,021 | $2,765,000 | Up ×3 | ||
| Unknown issuer (CUSIP: 55826TAB8) | $104,322,000 | 1.96% | 21,384,000 | $32,418,000 | |||
| ACHC Acadia Healthcare Company, Inc. - Common Stock | $88,532,000 | 1.67% | 2,998,035 | $33,864,000 | Up ×1 | ||
| Unknown issuer (CUSIP: 278768AB2) | $86,097,000 | 1.62% | 27,638,496 | $-5,808,000 | Up ×6 | ||
| VZ Verizon Communications Inc. Common Stock | $85,569,000 | 1.61% | 2,021,000 | Up ×1 | |||
| SATS EchoStar Corporation - Common stock | $70,817,000 | 1.33% | 697,709 | $2,555,000 | Up ×1 | ||
| DHC Diversified Healthcare Trust - Common Shares of Beneficial Interest | $57,096,000 | 1.07% | 6,139,329 | $22,114,000 | Up ×5 | ||
| BNO | $50,910,000 | 0.96% | 1,251,165 | Up ×1 | |||
| CNNE Cannae Holdings, Inc. Common Stock | $46,514,000 | 0.88% | 3,230,148 | $9,418,000 | Down ×1 | ||
| UHS Universal Health Services, Inc. Common Stock | $29,738,000 | 0.56% | 200,000 | Up ×1 | |||
| SPHR Sphere Entertainment Co. Class A Common Stock | $27,222,000 | 0.51% | 157,326 | $21,857,000 | Up ×1 | ||
| CORZ Core Scientific, Inc. - Common Stock | $25,406,000 | 0.48% | 992,827 | $23,893,000 | Up ×2 | ||
| CMCSA Comcast Corporation - Class A Common Stock | $24,550,000 | 0.46% | 1,000,000 | Up ×1 | |||
| VALWS | $9,922,000 | 0.19% | 1,184,013 | $-6,169,000 | Up ×2 | ||
| WW WW International, Inc. - Common Stock | $7,472,000 | 0.14% | 467,583 | $1,197,000 | Up ×1 | ||
| CYH Community Health Systems, Inc. Common Stock | $5,230,000 | 0.10% | 1,565,847 | $1,344,000 | Up ×2 | ||
| Unknown issuer (CUSIP: 112463AC8) | $3,963,000 | 0.07% | 2,000,000 | $534,000 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VSAT | Trimmed | -249K | +$119.7M |
| TLN | Bought more | +151K | +$99.9M |
| BKD | Bought more | +1.3M | +$41.5M |
| ACHC | Bought more | +661K | +$33.9M |
| — | Price move only | +0 | +$32.4M |
| CTRI | Bought more | +733K | +$26.9M |
| DHC | Bought more | +871K | +$22.1M |
| CNNE | Trimmed | -32K | +$9.4M |
| VALWS | Bought more | +178K | -$6.2M |
| — | Bought more | +2.1M | -$5.8M |
2 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPY | June 30, 2025 | 2,000,000 | $1,118,780,000 | No longer tracked |
| IEF | March 31, 2026 | 11,500,000 | $1,105,840,000 | |
| ITB | Sept. 30, 2025 | 3,000,000 | $647,370,000 | No longer tracked |
| IWM | March 31, 2025 | 500,000 | $110,480,000 | No longer tracked |
| RSP | March 31, 2025 | 616,000 | $107,942,000 | No longer tracked |
| MTUM | March 31, 2025 | 500,000 | $103,460,000 | No longer tracked |
| FYBR | March 31, 2025 | 1,484,894 | $51,526,000 | No longer tracked |
| CHKEL | Dec. 31, 2025 | 456,802 | $43,848,000 | No longer tracked |
| JEF | Dec. 31, 2025 | 550,000 | $35,981,000 | -15.4% |
| TQQQ | March 31, 2025 | 425,000 | $33,630,000 | |
| BKLN | March 31, 2025 | 1,150,000 | $24,231,000 | No longer tracked |
| GEO | March 31, 2026 | 992,931 | $16,006,000 | 90.1% |
| KSS | March 31, 2026 | 750,000 | $15,308,000 | 36.6% |
| GBTG | Dec. 31, 2025 | 1,705,039 | $13,777,000 | 23.7% |
| KSS | June 30, 2025 | 1,600,000 | $13,088,000 | 107.8% |
| JBLU | June 30, 2026 | 2,433,500 | $10,756,000 | -16.4% |
| OPTU | June 30, 2026 | 6,573,682 | $8,546,000 | -41.4% |
| MPT | March 31, 2025 | 2,000,000 | $7,900,000 | -32.1% |
| CPT | June 30, 2026 | 77,393 | $7,558,000 | -5.5% |
| EQR | June 30, 2026 | 123,062 | $7,279,000 | -6.3% |
| UDR | June 30, 2026 | 208,225 | $7,034,000 | -5.5% |
| AVB | June 30, 2026 | 41,180 | $6,727,000 | No longer tracked |
| SBGI | Sept. 30, 2025 | 467,513 | $6,461,000 | -4.7% |
| NBIS | March 31, 2025 | 220,000 | $6,094,000 | 981.7% |
| CZR | March 31, 2026 | 257,160 | $6,015,000 | 12.3% |
| SPHR | March 31, 2025 | 115,560 | $4,659,000 | 376.4% |
| ESS | June 30, 2026 | 17,705 | $4,285,000 | -0.9% |
| MAA | June 30, 2026 | 34,837 | $4,254,000 | -5.0% |
| VNO | March 31, 2025 | 75,000 | $3,153,000 | 4.2% |
| VAL | March 31, 2025 | 10,696 | $473,000 | 128.6% |