Carronade Capital Management, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Carronade Capital Management, LP disclosed 24 US equity positions worth $720.9m in its Q2 2025 13F filing. The largest position was TLN at 21.9% of the reported book, followed by TDS and CNNE. Against the Q1 2025 filing, it opened 0 new positions, added to 15 and reduced 8 among the top 24 holdings.
What did Carronade Capital Management, LP own in Q2 2025? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TLN TALEN ENERGY CORP | Utilities | 21.9% | $157.8m | 542,743 | 1231% | added |
| 2 | TDS TELEPHONE & DATA SYS INC | Communication Services | 16.7% | $120.7m | 3,392,500 | 239% | added |
| 3 | CNNE CANNAE HLDGS INC | Consumer Cyclical | 9.2% | $66.5m | 3,189,027 | 6% | added |
| 4 | GEO GEO GROUP INC NEW | Industrials | 7.4% | $53.5m | 2,232,854 | -42% | reduced |
| 5 | EXPAND ENERGY CORPORATION | 6.8% | $49.3m | 456,802 | 2104% | added | |
| 6 | BKD BROOKDALE SR LIVING INC | Healthcare | 6.7% | $48.0m | 6,902,737 | 904% | added |
| 7 | CTRI CENTURI HOLDINGS INC | Utilities | 4.2% | $30.4m | 1,353,425 | 1395% | added |
| 8 | SPHR SPHERE ENTERTAINMENT CO | 3.9% | $28.5m | 20,200,000 | 721% | added | |
| 9 | ECHOSTAR CORP | 3.7% | $26.6m | 22,728,496 | 2% | added | |
| 10 | TRANSOCEAN INC | 3.3% | $23.6m | 23,625,000 | 5806% | added | |
| 11 | GBTG GLOBAL BUSINESS TRAVEL GROUP | 2.3% | $16.5m | 2,611,864 | 55% | added | |
| 12 | VISN COMMSCOPE HLDG CO INC | Technology | 1.7% | $12.3m | 1,479,923 | 36% | added |
| 13 | CPT CAMDEN PPTY TR | Real Estate | 1.5% | $10.8m | 95,936 | -98% | reduced |
| 14 | UDR UDR INC | Real Estate | 1.5% | $10.5m | 258,116 | -40% | reduced |
| 15 | AVBC AVALONBAY CMNTYS INC | Financial Services | 1.4% | $10.4m | 51,047 | 6% | added |
| 16 | EQR EQUITY RESIDENTIAL | Real Estate | 1.4% | $10.3m | 152,549 | 6% | added |
| 17 | OPTU ALTICE USA INC | Communication Services | 1.2% | $8.7m | 4,053,609 | -28% | reduced |
| 18 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 1.0% | $7.0m | 248,173 | -81% | reduced |
| 19 | SBGI SINCLAIR INC | Communication Services | 0.9% | $6.5m | 467,513 | 2% | added |
| 20 | MAA MID-AMER APT CMNTYS INC | Real Estate | 0.9% | $6.4m | 43,184 | -100% | reduced |
| 21 | ESS ESSEX PPTY TR INC | Real Estate | 0.9% | $6.2m | 21,947 | -99% | reduced |
| 22 | DHC DIVERSIFIED HEALTHCARE TR | 0.8% | $5.8m | 1,618,448 | 589% | added | |
| 23 | VALARIS LTD | 0.4% | $2.7m | 687,260 | -97% | reduced | |
| 24 | BROOKDALE SR LIVING INC | 0.3% | $2.1m | 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.