CARRONADE CAPITAL MANAGEMENT, LP

DARIEN, CT · CIK 1866872 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2020 · limited partnership

Assets managed$4.8bn
Staff17 · 8 in investment roles
Main clients (by assets)Private funds 92%
Private funds2 (2 hedge) · $3.2bn gross assets
Form ADV · 2026-08-05SEC adviser record

Legal entityCARRONADE CAPITAL MANAGEMENT, LP (US)

$5.8bn reported value +318.6% vs Q1 2026

23positions

91.2%in top 10

5 new 15 added 1 reduced 7 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	4,500,000	$3.4bn58.20%	58.20%	New
2	VIASAT INC COM VSAT	VSAT	5,399,976	$485.0m8.40%	8.40%	Added +2.2m	+2,170,680 67.2%
3	TALEN ENERGY CORP COM TLN	TLN	795,514	$305.7m5.29%	5.29%	Added +151.0k	+151,030 23.4%
4	COMCAST CORP NEW CL A CMCSA	CMCSA	8,299,000	$203.7m3.53%	3.53%	New
5	TELEPHONE & DATA SYS INC COM NEW TDS	TDS	5,319,175	$196.9m3.41%	3.41%	Added +695.2k	+695,241 15.0%
6	CENTURI HOLDINGS INC COM SHS CTRI	CTRI	5,516,741	$166.8m2.89%	2.89%	Added +953.4k	+953,429 20.9%
7	BROOKDALE SR LIVING INC COM BKD	BKD	9,878,207	$158.9m2.75%	2.75%	Added +1.3m	+1,291,333 15.0%
8	COMMSCOPE HLDG CO INC COM VISN	VISN	11,106,021	$141.9m2.46%	2.46%	Added +3.5m	+3,459,299 45.2%
9	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	4,762,635	$140.6m2.44%	2.44%	Added +2.4m	+2,425,399 103.8%
10	SPHERE ENTERTAINMENT CO NOTE 3.500%12/0 SPHR 3.5 12.01.28	SPHR 3.5 12.01.28	21,384,000	$104.3m1.81%	1.81%	Unchanged
11	ECHOSTAR CORP NOTE 3.875%11/3 ECHO 3.875 11.30.30	ECHO 3.875 11.30.30	27,638,496	$86.1m1.49%	1.49%	Added +2.1m	+2,100,000 8.2%
12	VERIZON COMMUNICATIONS INC COM VZ	VZ	2,021,000	$85.6m1.48%	1.48%	New
13	ECHOSTAR CORP CL A ECHO	ECHO	697,709	$70.8m1.23%	1.23%	Added +114.6k	+114,624 19.7%
14	DIVERSIFIED HEALTHCARE TR COM SH BEN INT DHC	DHC	6,139,329	$57.1m0.99%	0.99%	Added +870.9k	+870,894 16.5%
15	UNITED STS BRENT OIL FD LP UNIT BNO	BNO	1,350,365	$54.9m0.95%	0.95%	New
16	CANNAE HLDGS INC COM CNNE	CNNE	3,230,148	$46.5m0.81%	0.81%	Reduced -32.5k	-32,500 -1.0%
17	UNIVERSAL HLTH SVCS INC CL B UHS	UHS	200,000	$29.7m0.51%	0.51%	New
18	SPHERE ENTERTAINMENT CO CL A SPHR	SPHR	157,326	$27.2m0.47%	0.47%	Added +111.6k	+111,631 244.3%
19	CORE SCIENTIFIC INC NEW COM CORZ	CORZ	992,827	$25.4m0.44%	0.44%	Added +891.7k	+891,724 882.0%
20	VALARIS LTD *W EXP 04/29/202 VAL.WS	VAL.WS	1,184,013	$9.9m0.17%	0.17%	Added +177.7k	+177,694 17.7%
21	WW INTL INC COM NEW WW	WW	467,583	$7.5m0.13%	0.13%	Added +10.9k	+10,863 2.4%
22	COMMUNITY HEALTH SYS INC NEW COM CYH	CYH	1,565,847	$5.2m0.09%	0.09%	Added +243.9k	+243,924 18.4%
23	BROOKDALE SR LIVING INC NOTE 2.000%10/1 BKD 2 10.15.26	BKD 2 10.15.26	2,000,000	$4.0m0.07%	0.07%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ALTICE USA INC OPTU	OPTU	6,573,682	$8.5m6.6m shares
CAMDEN PPTY TR CPT	CPT	77,393	$7.6m77.4k shares
EQUITY RESIDENTIAL VMRK	VMRK	123,062	$7.3m123.1k shares
UDR INC UDR	UDR	208,225	$7.0m208.2k shares
AVALONBAY CMNTYS INC AVB	AVB	41,180	$6.7m41.2k shares
ESSEX PPTY TR INC ESS	ESS	17,705	$4.3m17.7k shares
MID-AMER APT CMNTYS INC MAA	MAA	34,837	$4.3m34.8k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
CANNAE HLDGS INC CNNE · 13D · filed 2026-10-05	CNNE	8.8%≈ $50.9m	+1.0 pts	13D	2026-10-05
UNITED STS BRENT OIL FD LP BNO · 13G · filed 2026-08-14	BNO	8.6%≈ $54.9m	new	13G	2026-08-14
CENTURI HOLDINGS INC CTRI · 13G · filed 2026-08-14	CTRI	5.5%≈ $166.8m	new	13G	2026-08-14