Knighthead Capital Management, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Knighthead Capital Management, LLC disclosed 4 US equity positions worth $1.1bn in its Q4 2025 13F filing. The largest position was HTZ at 82.0% of the reported book, followed by UP and TDS. Against the Q3 2025 filing, it opened 0 new positions, added to 1 and reduced 0 among the top 4 holdings.
What did Knighthead Capital Management, LLC own in Q4 2025? Top 4 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 82.0% | $932.7m | 181,455,469 | 0% | held |
| 2 | UP WHEELS UP EXPERIENCE INC | 14.9% | $169.4m | 258,169,208 | 0% | held | |
| 3 | TDS TELEPHONE & DATA SYS INC | Communication Services | 1.9% | $21.2m | 516,000 | 200% | added |
| 4 | ECHO ECHOSTAR CORP | Communication Services | 1.2% | $13.6m | 125,031 | 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.