Knighthead Capital Management, LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1512397) · Explore on the interactive board
Knighthead Capital Management, LLC disclosed 4 US equity positions worth $560.1m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is HTZ at 73.5% of the reported book, followed by WHEELS UP EXPERIENCE INC, TDS. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 2 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 0, reduced 0 and exited 1. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Knighthead Capital Management, LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 2 new, 0 added, 0 reduced, 1 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 73.5% | $411.9m | 181,455,469 | 0% | held |
| 2 | WHEELS UP EXPERIENCE INC | 20.7% | $115.8m | 12,908,460 | – | new | |
| 3 | TDS TELEPHONE & DATA SYS INC | Communication Services | 2.9% | $16.5m | 445,695 | 0% | held |
| 4 | AZUL S A | 2.8% | $16.0m | 1,773,734 | – | new |
What did Knighthead Capital Management, LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| UP WHEELS UP EXPERIENCE INC | 100.0% | $133.3m |
Sector mix
| Sector | Weight |
|---|---|
| Industrials | 73.5% |
| Communication Services | 2.9% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Knighthead Capital Management, LLC's portfolio?
Across every quarter Knighthead Capital Management, LLC has filed, its median largest position is 79.1% of the book and its median top-ten weight is 100.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 1.0 completed holding spells, the median lasted 1.0 quarters; 4.0 positions are still open and their final length is unknown.