Carronade Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Carronade Capital Management, LP disclosed 25 US equity positions worth $1.1bn in its Q4 2025 13F filing. The largest position was TLN at 19.9% of the reported book, followed by TDS and VSAT. Against the Q3 2025 filing, it opened 2 new positions, added to 21 and reduced 0 among the top 25 holdings.
What did Carronade Capital Management, LP own in Q4 2025? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TLN TALEN ENERGY CORP | Utilities | 19.9% | $216.4m | 577,239 | 3% | added |
| 2 | TDS TELEPHONE & DATA SYS INC | Communication Services | 15.8% | $172.3m | 4,203,594 | 14% | added |
| 3 | VSAT VIASAT INC | Technology | 9.4% | $102.5m | 2,974,801 | 16% | added |
| 4 | CTRI CENTURI HOLDINGS INC | Utilities | 9.3% | $100.7m | 3,988,664 | 31% | added |
| 5 | ECHOSTAR CORP | 7.6% | $82.5m | 24,638,496 | 4% | added | |
| 6 | BKD BROOKDALE SR LIVING INC | Healthcare | 7.3% | $79.3m | 7,349,874 | 3% | added |
| 7 | ECHO ECHOSTAR CORP | Communication Services | 6.4% | $70.0m | 643,915 | 3% | added |
| 8 | SPHR SPHERE ENTERTAINMENT CO | 5.4% | $58.4m | 21,150,000 | 5% | added | |
| 9 | CNNE CANNAE HLDGS INC | Consumer Cyclical | 4.7% | $51.3m | 3,262,648 | 2% | added |
| 10 | VISN COMMSCOPE HLDG CO INC | Technology | 2.6% | $28.0m | 1,546,923 | 18% | added |
| 11 | DHC DIVERSIFIED HEALTHCARE TR | 2.1% | $23.1m | 4,763,537 | 4% | added | |
| 12 | GEO GEO GROUP INC NEW | Industrials | 1.5% | $16.0m | 992,931 | 32% | added |
| 13 | WW INTL INC | 1.2% | $13.4m | 457,835 | 3% | added | |
| 14 | CPT CAMDEN PPTY TR | Real Estate | 1.0% | $10.8m | 98,344 | 3% | added |
| 15 | OPTU OPTIMUM COMMUNICATIONS INC | Communication Services | 0.9% | $9.9m | 6,015,682 | 4% | added |
| 16 | EQR EQUITY RESIDENTIAL | Real Estate | 0.9% | $9.9m | 156,378 | 3% | added |
| 17 | UDR UDR INC | Real Estate | 0.9% | $9.7m | 264,595 | 3% | added |
| 18 | AVBC AVALONBAY CMNTYS INC | Financial Services | 0.9% | $9.5m | 52,328 | 3% | added |
| 19 | MAA MID-AMER APT CMNTYS INC | Real Estate | 0.6% | $6.1m | 44,268 | 3% | added |
| 20 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 0.6% | $6.0m | 257,160 | 4% | added |
| 21 | ESS ESSEX PPTY TR INC | Real Estate | 0.5% | $5.9m | 22,498 | 3% | added |
| 22 | BROOKDALE SR LIVING INC | 0.2% | $2.6m | 2,000,000 | 0% | held | |
| 23 | CORZ CORE SCIENTIFIC INC NEW | Technology | 0.1% | $1.5m | 100,000 | – | new |
| 24 | VALARIS LTD | 0.1% | $1.2m | 687,260 | 0% | held | |
| 25 | CYH COMMUNITY HEALTH SYS INC NEW | Healthcare | 0.1% | $1.0m | 325,000 | – | new |
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.