LONESTAR CAPITAL MANAGEMENT LLC
CIK 1317410 · View on SEC EDGAR ↗
- Portfolio value
- $345.4M
- Positions
- 29
- As of
- June 30, 2026
#4,764 of 9,443 by 13F value · top 50.5%
Portfolio value QoQ: -48.5% 13F does not disclose cash
- Top 10 holdings weight
- 79.38%
- Top 25 holdings weight
- 97.93%
- Positions above 1%
- 22
- Effective number of positions
- 6.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.28% Est. buys $26,844,816 · sells $413,360,111
Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 43.9% still held
- New positions
- 6
- Increased
- 3
- Decreased
- 16
- Closed
- 8
Put-notional exposure: 53.8% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
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.
- 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.
Performance vs S&P 500
Annualized: +30.5% · S&P 500: +18.0%
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: 95.8% · Options excluded: 70.1%
Sector breakdown
Energy
9.9%
Consumer Discretionary
9.8%
Utilities
4.8%
Diversified Consumer Services
4.7%
Materials
3.6%
Real Estate
3.3%
Industrials
3.2%
Health Care
2.5%
Telecommunication
2.2%
Financial Services
0.6%
Other/Unmapped
55.5%
Full portfolio 29 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPY SPY | $112,015,500 | 32.43% | 1,500 | Put option | $7,961,100 | Down ×3 | |
| QQQ Invesco QQQ Trust, Series 1 | $73,640,000 | 21.32% | 1,000 | Put option | $-41,796,000 | Down ×3 | |
| GTX Garrett Motion Inc. - Common Stock | $19,926,500 | 5.77% | 550,000 | $5,390,500 | Down ×3 | ||
| ET Energy Transfer LP Common Units | $17,208,000 | 4.98% | 900,000 | $-162,000 | |||
| GSL Global Ship Lease Inc New Class A Common Shares | $10,904,000 | 3.16% | 290,000 | $4,947,200 | Up ×1 | ||
| DHC Diversified Healthcare Trust - Common Shares of Beneficial Interest | $9,765,000 | 2.83% | 1,050,000 | $-859,000 | Down ×6 | ||
| TH Target Hospitality Corp. - Common Stock | $8,817,916 | 2.55% | 433,100 | $5,337,916 | Up ×1 | ||
| BKD Brookdale Senior Living Inc. Common Stock | $8,688,600 | 2.52% | 540,000 | $-340,200 | Down ×1 | ||
| CVSA Covista Inc. Common Shares | $6,856,300 | 1.99% | 55,000 | Up ×1 | |||
| VST Vistra Corp. Common Stock | $6,345,200 | 1.84% | 40,000 | $-1,171,300 | Down ×1 | ||
| TLN Talen Energy Corporation - Common Stock | $6,148,160 | 1.78% | 16,000 | $-3,428,740 | Down ×1 | ||
| GDX GDX | $6,036,000 | 1.75% | 80,000 | $-1,305,600 | |||
| DCH Dauch Corporation Common Stock | $5,149,000 | 1.49% | 950,000 | $-3,746,000 | Down ×2 | ||
| CE Celanese Corporation Common Stock | $5,060,000 | 1.47% | 110,000 | $-8,094,000 | Down ×2 | ||
| EXE Expand Energy Corporation - Common Stock | $5,015,450 | 1.45% | 55,000 | $-4,315,850 | Down ×1 | ||
| RIG Transocean Ltd (Switzerland) Common Stock | $4,401,000 | 1.27% | 9,000 | Call option | Up ×1 | ||
| LINC Lincoln Educational Services Corporation - Common Stock | $4,187,159 | 1.21% | 83,911 | $-1,914,841 | Down ×2 | ||
| DOW Dow Inc. Common Stock | $4,104,000 | 1.19% | 150,000 | $-3,393,000 | Down ×1 | ||
| NRG NRG Energy, Inc. Common Stock | $3,943,620 | 1.14% | 27,000 | $-4,824,780 | Down ×1 | ||
| KYIV Kyivstar Group Ltd. - Common Shares | $3,880,800 | 1.12% | 240,000 | Up ×1 | |||
| LUMN Lumen Technologies, Inc. Common Stock | $3,840,000 | 1.11% | 500,000 | $886,250 | Up ×1 | ||
| UTI Universal Technical Institute Inc Common Stock | $3,635,450 | 1.05% | 85,000 | $566,950 | |||
| EQT EQT Corporation Common Stock | $3,190,200 | 0.92% | 60,000 | $-2,537,400 | Down ×1 | ||
| LYB LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) | $3,159,000 | 0.91% | 60,000 | $-1,674,600 | |||
| RIG Transocean Ltd (Switzerland) Common Stock | $2,322,750 | 0.67% | 475,000 | $-3,644,250 | Down ×2 | ||
| SDRL Seadrill Limited Common Shares | $2,080,100 | 0.60% | 55,000 | $-2,469,900 | Down ×2 | ||
| GLXY Galaxy Digital Inc. - Class A common stock | $1,913,800 | 0.55% | 70,000 | Up ×1 | |||
| ADT ADT Inc. Common Stock | $1,625,000 | 0.47% | 250,000 | ||||
| SVC Service Properties Trust - Shares of Beneficial Interest | $1,521,000 | 0.44% | 900,000 | ||||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
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 |
|---|---|---|---|---|
| HYG | June 30, 2026 | 14,000 | $111,384,000 | No longer tracked |
| AAPL | June 30, 2025 | 4,000 | $88,852,000 | 50.2% |
| TLT | June 30, 2026 | 10,000 | $86,690,000 | |
| IWN | Dec. 31, 2025 | 3,200 | $77,427,200 | No longer tracked |
| QQQ | March 31, 2025 | 1,500 | $76,684,500 | |
| SPY | March 31, 2025 | 1,000 | $58,608,000 | No longer tracked |
| HYG | June 30, 2025 | 7,000 | $55,223,000 | No longer tracked |
| IWM | June 30, 2026 | 2,000 | $49,600,000 | No longer tracked |
| TLT | June 30, 2025 | 4,000 | $36,412,000 | |
| PCG | June 30, 2026 | 390,000 | $24,246,600 | 6.3% |
| DRVN | March 31, 2026 | 560,000 | $8,299,200 | 3.2% |
| GLNG | Dec. 31, 2025 | 200,000 | $8,082,000 | 43.2% |
| SVC | Dec. 31, 2025 | 2,735,000 | $7,411,850 | 334.0% |
| GDXJ | June 30, 2026 | 60,000 | $7,202,400 | No longer tracked |
| CZR | March 31, 2025 | 200,000 | $6,684,000 | 18.7% |
| DESP | March 31, 2025 | 333,000 | $6,410,250 | No longer tracked |
| HPE | March 31, 2025 | 300,000 | $6,405,000 | 247.2% |
| GNRC | Dec. 31, 2025 | 30,000 | $5,022,000 | 54.7% |
| ADT | March 31, 2026 | 520,000 | $4,196,400 | 12.4% |
| FSLR | June 30, 2025 | 30,000 | $3,792,900 | 29.8% |
| GENI | Dec. 31, 2025 | 300,000 | $3,714,000 | -28.9% |
| POOL | June 30, 2026 | 15,000 | $3,034,950 | -11.1% |
| AR | Dec. 31, 2025 | 90,000 | $3,020,400 | 9.4% |
| COMP | March 31, 2026 | 270,000 | $2,853,900 | 59.9% |
| JD | Dec. 31, 2025 | 80,000 | $2,798,400 | 2.1% |
| UPS | Dec. 31, 2025 | 33,000 | $2,756,490 | 4.2% |
| HTZ | Dec. 31, 2025 | 400,000 | $2,720,000 | -58.2% |
| GOLD | March 31, 2025 | 175,000 | $2,712,500 | 84.0% |
| HPP | March 31, 2026 | 250,000 | $2,707,500 | 146.7% |
| FLUT | Dec. 31, 2025 | 10,000 | $2,540,000 | -53.6% |
| WLAC | March 31, 2026 | 194,185 | $2,454,498 | No longer tracked |
| PUMP | Sept. 30, 2025 | 400,000 | $2,388,000 | 116.6% |
| COTY | March 31, 2026 | 750,000 | $2,310,000 | 35.3% |
| PTON | June 30, 2025 | 350,000 | $2,212,000 | -21.2% |
| LUMN | March 31, 2025 | 400,000 | $2,124,000 | 53.4% |
| BAK | June 30, 2026 | 500,000 | $1,830,000 | -19.1% |
| STRA | March 31, 2026 | 17,900 | $1,435,580 | -1.3% |
| CHRD | March 31, 2025 | 10,000 | $1,169,200 | 32.5% |
| SMCI | June 30, 2026 | 45,000 | $1,024,650 | 26.9% |
| SBLK | June 30, 2025 | 50,000 | $778,000 | 76.5% |
| CORZ | June 30, 2025 | 75,000 | $543,000 | 11.7% |
| TDAY | Sept. 30, 2025 | 126,866 | $454,180 | 60.2% |