Carronade Capital Management, LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Carronade Capital Management, LP disclosed 26 US equity positions worth $619.4m in its Q1 2025 13F filing. The largest position was GEO at 23.7% of the reported book, followed by TALEN ENERGY CORP and CNNE. Against the Q4 2024 filing, it opened 4 new positions, added to 12 and reduced 9 among the top 26 holdings.
What did Carronade Capital Management, LP own in Q1 2025? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | GEO FRONTIER COMMUNICATIONS PARE | Industrials | 23.7% | $146.9m | 3,867,186 | 134% | added |
| 2 | TALEN ENERGY CORP | 12.9% | $79.9m | 400,000 | -98% | reduced | |
| 3 | CNNE CANNAE HLDGS INC | Consumer Cyclical | 8.9% | $55.3m | 3,015,647 | 69% | added |
| 4 | GBTG GEO GROUP INC NEW | 7.9% | $49.1m | 1,682,104 | -43% | reduced | |
| 5 | SBGI EXPAND ENERGY CORPORATION | Communication Services | 7.4% | $45.7m | 456,802 | 1% | added |
| 6 | ECHOSTAR CORP | 4.0% | $24.9m | 22,254,204 | 2% | added | |
| 7 | CPT BROOKDALE SR LIVING INC | Real Estate | 4.0% | $24.7m | 3,949,011 | 5161% | added |
| 8 | TRANSOCEAN INC | 3.9% | $23.9m | 23,625,000 | 3341% | added | |
| 9 | CZR CENTURI HOLDINGS INC | Consumer Cyclical | 3.4% | $21.1m | 1,285,724 | – | new |
| 10 | SPHR GLOBAL BUSINESS TRAVEL GROUP | 2.9% | $17.9m | 2,461,182 | -77% | reduced | |
| 11 | OPTU ALTICE USA INC | Communication Services | 2.4% | $15.0m | 5,638,859 | 180% | added |
| 12 | MAA SPHERE ENTERTAINMENT CO | Real Estate | 2.4% | $14.8m | 12,300,000 | 41364% | added |
| 13 | CTRI CAMDEN PPTY TR | Utilities | 1.8% | $11.1m | 90,558 | -93% | reduced |
| 14 | ITB UDR INC | 1.8% | $11.0m | 243,655 | – | new | |
| 15 | UDR ECHOSTAR CORP | Real Estate | 1.8% | $10.9m | 427,500 | 113% | added |
| 16 | AVBC AVALONBAY CMNTYS INC | Financial Services | 1.7% | $10.3m | 48,185 | 20% | added |
| 17 | EQR EQUITY RESIDENTIAL | Real Estate | 1.7% | $10.3m | 144,001 | 21% | added |
| 18 | VSAT SINCLAIR INC | Technology | 1.2% | $7.2m | 454,398 | – | new |
| 19 | TLN MID-AMER APT CMNTYS INC | Utilities | 1.1% | $6.8m | 40,776 | -91% | reduced |
| 20 | ESSEX PPTY TR INC | 1.0% | $6.4m | 20,724 | -95% | reduced | |
| 21 | DHC CAESARS ENTERTAINMENT INC NE | 0.9% | $5.9m | 235,000 | – | new | |
| 22 | VISN COMMSCOPE HLDG CO INC | Technology | 0.9% | $5.8m | 1,090,051 | -47% | reduced |
| 23 | ESS DIVERSIFIED HEALTHCARE TR | Real Estate | 0.8% | $5.1m | 2,124,704 | 14226% | added |
| 24 | TDS LUMEN TECHNOLOGIES INC | Communication Services | 0.6% | $3.9m | 1,000,000 | -47% | reduced |
| 25 | BKD VALARIS LTD | Healthcare | 0.6% | $3.5m | 687,260 | -79% | reduced |
| 26 | BROOKDALE SR LIVING INC | 0.3% | $2.0m | 2,000,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.