CARRONADE CAPITAL MANAGEMENT, LP

$7.7B reported 13(f) long value · latest quarter 2026-03-31 · CIK 1866872 · EDGAR ↗

sum of disclosed values for 2026-03-31; 0 positions carry a NULL value and are excluded from the sum, surfaced here rather than folded away: $7.7B
ALL retained default holdings for this (filer, period), including NULL-value ones: 32
positions with no comparable holding in the prior quarter (kind new), 2026-03-31: 5
positions absent from this quarter's filing after being held last quarter (kind exit), 2026-03-31 — inferred from absence, not a sale record: 4

A quarter-end snapshot. Filed up to 45 days later, so this page is not current holdings and never a complete portfolio. what a 13F is — and is not ↓ methodology §13F ↗

Position changes — into 2026-03-31

by shares · Δ value · filing link · how changes are classified §

Position changes into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	reported unit changed across the pair (SH↔PRN); the share delta is withheld rather than fabricated `shares_unit_mismatch`	Prev value	Curr value	Prev shares	Curr shares
position key `pos:11570` · issuer key `iss:1599` TR UNIT PUT	ADD	+$1.0B	+1,950,000	$4.9B	$5.9B	7,125,000	9,075,000
position key `pos:15958` · issuer key `iss:1753` COM	ADD	−$10.6M	+67,245	$216M	$206M	577,239	644,484
position key `pos:15119` · issuer key `iss:489` CL A CALL	ADD	+$32.5M	+985,200	$168M	$201M	6,000,000	6,985,200
position key `pos:15600` · issuer key `iss:1769` COM NEW	ADD	+$22.3M	+420,340	$172M	$195M	4,203,594	4,623,934
position key `pos:17991` · issuer key `iss:1911` COM	ADD	+$45.4M	+254,495	$103M	$148M	2,974,801	3,229,296
position key `pos:15513` · issuer key `iss:492` COM	ADD	+$138M	+7,558,332	$1.6M	$139M	88,390	7,646,722
position key `pos:16782` · issuer key `iss:424` COM SHS	ADD	+$32.6M	+574,648	$101M	$133M	3,988,664	4,563,312
position key `pos:10784` · issuer key `iss:324` COM	ADD	+$38.2M	+1,237,000	$79.3M	$117M	7,349,874	8,586,874
position key `pos:17991` · issuer key `iss:1911` COM CALL	ADD	+$33.5M	+302,400	$59.8M	$93.4M	1,736,700	2,039,100
position key `pos:15957` · issuer key `iss:632` NOTE 3.875%11/3	ADD	+$9.4M	+900,000	$82.5M	$91.9M	24,638,496	25,538,496
position key `pos:12624` · issuer key `iss:1169` NOTE 3.500%12/0	ADD	+$13.5M	+234,000	$58.4M	$71.9M	21,150,000	21,384,000
position key `pos:13249` · issuer key `iss:632` CL A	TRIM	−$1.7M	−60,830	$70.0M	$68.3M	643,915	583,085
position key `pos:12414` · issuer key `iss:29` COM	NEW	+$54.7M	+2,337,236	$0	$54.7M	—	2,337,236
position key `pos:12414` · issuer key `iss:29` COM PUT	NEW	+$35.1M	+1,500,000	$0	$35.1M	—	1,500,000
position key `pos:16601` · issuer key `iss:589` COM SH BEN INT	ADD	+$11.9M	+504,898	$23.1M	$35.0M	4,763,537	5,268,435
position key `pos:13249` · issuer key `iss:632` CL A CALL	TRIM	−$18.3M	−185,300	$43.5M	$25.1M	400,000	214,700
position key `pos:14268` · issuer key `iss:2243` *W EXP 04/29/202	ADD	+$14.9M	+319,059	$1.2M	$16.1M	687,260	1,006,319
position key `pos:13323` · issuer key `iss:1033` COM CALL	NEW	+$10.8M	+2,433,500	$0	$10.8M	—	2,433,500
position key `pos:15166` · issuer key `iss:90` CL A	ADD	−$1.4M	+558,000	$9.9M	$8.5M	6,015,682	6,573,682
position key `pos:14024` · issuer key `iss:380` SH BEN INT	TRIM	−$3.3M	−20,951	$10.8M	$7.6M	98,344	77,393
position key `pos:11676` · issuer key `iss:679` SH BEN INT	TRIM	−$2.6M	−33,316	$9.9M	$7.3M	156,378	123,062
position key `pos:10761` · issuer key `iss:1839` COM	TRIM	−$2.7M	−56,370	$9.7M	$7.0M	264,595	208,225
position key `pos:10931` · issuer key `iss:198` COM	TRIM	−$2.8M	−11,148	$9.5M	$6.7M	52,328	41,180
position key `sid:sec:prov:a0b3c684a12a746c1ff3e3d41aec69b9` · issuer key `cusip6:98262P` COM NEW	TRIM	−$7.1M	−1,115	$13.4M	$6.3M	457,835	456,720
position key `pos:16782` · issuer key `iss:424` COM SHS CALL	NEW	+$5.8M	+200,000	$0	$5.8M	—	200,000
position key `pos:10575` · issuer key `iss:1169` CL A	NEW	+$5.4M	+45,695	$0	$5.4M	—	45,695
position key `pos:16599` · issuer key `iss:689` COM	TRIM	−$1.6M	−4,793	$5.9M	$4.3M	22,498	17,705
position key `pos:12698` · issuer key `iss:1230` COM	TRIM	−$1.9M	−9,431	$6.1M	$4.3M	44,268	34,837
position key `pos:17870` · issuer key `iss:493` COM	ADD	+$2.9M	+996,923	$1.0M	$3.9M	325,000	1,321,923
position key `pos:11505` · issuer key `iss:516` COM	ADD	+$57.0K	+1,103	$1.5M	$1.5M	100,000	101,103
pos:11163	EXIT‡e	−$6.0M	−257,160	$6.0M	$0	257,160	—
pos:13071	EXIT‡e	−$16.0M	−992,931	$16.0M	$0	992,931	—
pos:16327 PUT	EXIT‡e	−$1.1B	−11,500,000	$1.1B	$0	11,500,000	—
pos:17567 PUT	EXIT‡e	−$15.3M	−750,000	$15.3M	$0	750,000	—

Flags: no row carries a flag.

1–20 of the 34 changes on this page

Mark-to-market only (no share change) · 2

Positions whose share count is identical in both quarters; the value changed with price, not with a decision.

Positions held with no share change into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	reported unit changed across the pair (SH↔PRN); the share delta is withheld rather than fabricated `shares_unit_mismatch`	Prev value	Curr value	Prev shares	Curr shares
position key `pos:10703` · issuer key `iss:389` COM	NO CHANGE	−$14.2M	0	$51.3M	$37.1M	3,262,648	3,262,648
position key `pos:10356` · issuer key `iss:324` NOTE 2.000%10/1	NO CHANGE	+$800K	0	$2.6M	$3.4M	2,000,000	2,000,000

Flags: no row carries a flag.

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Truncated by Public Filings. Changes compare every position with a security identifier, new and exited included; holdings without one are counted, not compared. methodology §13F ↗

Reported positions — 2026-03-31

1–25 of 25 issuers · $7.7B disclosed value over 32 rows · 0 undisclosed-value rows

View

This build carries one quarter for this manager: 2026-03-31. Notable managers carry four published quarters, others two.

This list carries reported issuer names and security identities, without a dated ticker mapping. Symbols are not inferred from names.

a position composed from a base filing plus NEW-HOLDINGS amendments keeps every source row here; the composition's latest filed date is the one shown served from this build's published holdings (derived from the filer's own reported rows); every row resolves to its filing

Share of total reported value, calculated only when the full position list has disclosed values. This is 13F long value, not total assets.

value undisclosed on the filing: retained and counted, excluded from sums, never shown as $0

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

STATE STR SPDR S&P 500 ETF T · TR UNIT · PUT CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$5.9B

9,075,000

77.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

VIASAT INC

2 positions · 2 reported rows

Rows CARRONADE CAPITAL MANAGEMENT, LP reported for VIASAT INC, as it reported them
VIASAT INC · COM CUSIP — src ↗	$148M	3,229,296
VIASAT INC · COM · CALL CUSIP — src ↗	$93.4M	2,039,100

$241M

5,268,396

3.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TALEN ENERGY CORP · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$206M

644,484

2.7%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

COMCAST CORP NEW · CL A · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$201M

6,985,200

2.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TELEPHONE & DATA SYS INC · COM NEW CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$195M

4,623,934

2.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ECHOSTAR CORP

3 positions · 3 reported rows

Rows CARRONADE CAPITAL MANAGEMENT, LP reported for ECHOSTAR CORP, as it reported them
ECHOSTAR CORP · NOTE 3.875%11/3 CUSIP — src ↗	$91.9M	25,538,496
ECHOSTAR CORP · CL A CUSIP — src ↗	$68.3M	583,085
ECHOSTAR CORP · CL A · CALL CUSIP — src ↗	$25.1M	214,700

$185M

26,336,281

2.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

VISTANCE NETWORKS INC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$139M

7,646,722

1.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CENTURI HOLDINGS INC

2 positions · 2 reported rows

Rows CARRONADE CAPITAL MANAGEMENT, LP reported for CENTURI HOLDINGS INC, as it reported them
CENTURI HOLDINGS INC · COM SHS CUSIP — src ↗	$133M	4,563,312
CENTURI HOLDINGS INC · COM SHS · CALL CUSIP — src ↗	$5.8M	200,000

$139M

4,763,312

1.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BROOKDALE SR LIVING INC

2 positions · 2 reported rows

Rows CARRONADE CAPITAL MANAGEMENT, LP reported for BROOKDALE SR LIVING INC, as it reported them
BROOKDALE SR LIVING INC · COM CUSIP — src ↗	$117M	8,586,874
BROOKDALE SR LIVING INC · NOTE 2.000%10/1 CUSIP — src ↗	$3.4M	2,000,000

$121M

10,586,874

1.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ACADIA HEALTHCARE COMPANY IN

2 positions · 2 reported rows

Rows CARRONADE CAPITAL MANAGEMENT, LP reported for ACADIA HEALTHCARE COMPANY IN, as it reported them
ACADIA HEALTHCARE COMPANY IN · COM CUSIP — src ↗	$54.7M	2,337,236
ACADIA HEALTHCARE COMPANY IN · COM · PUT CUSIP — src ↗	$35.1M	1,500,000

$89.8M

3,837,236

1.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

SPHERE ENTERTAINMENT CO

2 positions · 2 reported rows

Rows CARRONADE CAPITAL MANAGEMENT, LP reported for SPHERE ENTERTAINMENT CO, as it reported them
SPHERE ENTERTAINMENT CO · NOTE 3.500%12/0 CUSIP — src ↗	$71.9M	21,384,000
SPHERE ENTERTAINMENT CO · CL A CUSIP — src ↗	$5.4M	45,695

$77.3M

21,429,695

1.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CANNAE HLDGS INC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$37.1M

3,262,648

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

DIVERSIFIED HEALTHCARE TR · COM SH BEN INT CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$35.0M

5,268,435

0.5%

—

VALARIS LTD · *W EXP 04/29/202 CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$16.1M

1,006,319

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

JETBLUE AIRWAYS CORP · COM · CALL CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$10.8M

2,433,500

0.1%

—

OPTIMUM COMMUNICATIONS INC · CL A CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$8.5M

6,573,682

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CAMDEN PPTY TR · SH BEN INT CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$7.6M

77,393

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

EQUITY RESIDENTIAL · SH BEN INT CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$7.3M

123,062

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

UDR INC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$7.0M

208,225

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AVALONBAY CMNTYS INC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$6.7M

41,180

0.1%

—

WW INTL INC · COM NEW CUSIP 98262P200
2026-03-31 filed 2026-05-15 +45d

src ↗

ticker not yet mapped

$6.3M

456,720

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ESSEX PPTY TR INC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$4.3M

17,705

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MID-AMER APT CMNTYS INC · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$4.3M

34,837

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

COMMUNITY HEALTH SYS INC NEW · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$3.9M

1,321,923

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CORE SCIENTIFIC INC NEW · COM CUSIP —
2026-03-31 filed 2026-05-15 +45d

src ↗

$1.5M

101,103

0.0%

1–20 of 25 issuers

Change kind and share change are in Position changes above; Congress overlap is planned.

One line per issuer, largest first; a row with no issuer key stands on its own line. Open a line for its rows as this filer reported them. The list holds every row this filer reported for the quarter. Issuer totals on the holders pages count each manager's own report once; that never removes a row here. how positions are grouped ↗

Book shape

2026-03-31 · concentration · vs tracked median · tick = median

Top-25 concentration: 99.6%above median 80.0%
Concentration index: 5,987 bpsabove median 446 bps
Positions with value: 32 / 32median book 97.5 positions

Concentration uses reported 13F long value, not total assets. The index is withheld when any position lacks a value. Medians are over the 8,748 tracked filers with a 2026-03-31 book; the index median over the 8,662 with a complete book.

holdings whose <value> did not parse — retained and counted, never zero-filled: 0 · share of the period's disclosed value held in the top-N positions; denominator is reported 13F value, not total assets: 99.6% · integer Herfindahl–Hirschman index in basis points over disclosed position values: 5,987 · QoQ moves: 36

Filing history

AVAILABLE QUARTERS

Available filing periods
Period	Source
2026-03-31	EDGAR ↗

PLANNED sector rotation · Congress overlap · signals for this filer

Complete source filings on SEC EDGAR

The complete filing on EDGAR.

The position list above is served from the published Public Filings build, each position as this filer reported it; where the page cannot embed every reported row, the list says how many it leaves out. This block is provenance, not a substitute: the filing itself is the record, and it is one click away. Public Filings decided on 2026-08-01 to serve this list from its published build; filings newer than this build are on EDGAR.

Open CARRONADE CAPITAL MANAGEMENT, LP's 13F filings on SEC EDGAR ↗

Notes on this data

Reported positions

Quarter-end holdings as filed

Explore the full published position list and its source filing. This record excludes the manager’s cash, shorts and non-13(f) assets.

Share changes

Compare consecutive quarters

Position changes retain the producer’s classification and comparability flags. Share counts and reported values describe different changes.

Coverage

A snapshot, not current holdings

Use the quarter selector to inspect available periods. Unknown values stay unknown and each table states its coverage.

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).