CARRONADE CAPITAL MANAGEMENT, LP

CIK

1866872

Location

DARIEN, CT

Portfolio Value

Mid $5,570,077,632

Diversification

Highly concentrated

Filing Date

Global Rank

#691 / 8,700 ▼ 101

Top Industry

Communication Equipment 29.1%

3Y Alpha vs SPY

-10.5%

Period ended 2 months ago

Filed Aug 14, 2026 · 30d

19 quarters · since Dec 2021

Clone Performance

Sep 2023–Sep 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of CARRONADE CAPITAL MANAGEMENT, LP's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 29% that is ordinary stock — as little as 11% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+31.7%

SPY

+71.2%

Annualised alpha

-10.0%

Max drawdown

−20.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 29% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

19 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

60.3%

−18.7 pts

Top 5

81.7%

−8.6 pts

Top 10

94.2%

−3.9 pts

HHI

3,809

Highly concentrated−2,481

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	61.3%	$3,415,411,351	2
Technology	11.7%	$652,313,234	3
Communication Services	10.5%	$584,211,836	5
Utilities	8.5%	$472,510,456	2
Healthcare	6.1%	$342,020,865	5
Real Estate	1.0%	$57,095,759	1
Consumer Cyclical	0.8%	$46,514,131	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
VISN	Vistance Networks, Inc.	+3,459,299	11,106,021	$141,934,948
CMCSA	Comcast Corp	+1,313,800	8,299,000	$203,740,450
BKD	Brookdale Senior Living Inc.	+1,291,333	9,878,207	$158,940,350
ACHC	Acadia Healthcare Company, Inc.	+925,399	4,762,635	$140,640,611
CORZ	Core Scientific, Inc./tx	+891,724	992,827	$25,406,442
DHC	Diversified Healthcare Trust	+870,894	6,139,329	$57,095,759
CTRI	Centuri Holdings, Inc.	+753,429	5,516,741	$166,826,247
TDS	Telephone & Data Systems Inc /De/	+695,241	5,319,175	$196,862,666
CYH	Community Health Systems Inc	+243,924	1,565,847	$5,229,928
TLN	Talen Energy Corp	+151,030	795,514	$305,684,209
VSAT	Viasat Inc	+131,580	5,399,976	$484,971,844
SPHR	Sphere Entertainment Co.	+111,631	157,326	$27,222,117
WW	Ww International, Inc.	+10,863	467,583	$7,471,976
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−4,575,000	4,500,000	$3,360,465,000
ECHO	EchoStar CORP	−100,076	697,709	$70,817,463
CNNE	Cannae Holdings, Inc.	−32,500	3,230,148	$46,514,131
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
VZ	Verizon Communications Inc	2,021,000	$85,569,140
BNO	United States Brent Oil Fund, LP	1,350,365	$54,946,351
UHS	Universal Health Services Inc	200,000	$29,738,000
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
JBLU	Jetblue Airways Corp	2,433,500	$10,756,070
OPTU	Optimum Communications, Inc.	6,573,682	$8,545,786
CPT	Camden Property Trust	77,393	$7,558,200
VMRK	Vivmark Residential	123,062	$7,279,117
UDR	UDR, Inc.	208,225	$7,033,840
—		41,180	$6,726,753
ESS	Essex Property Trust, Inc.	17,705	$4,284,610
MAA	Mid America Apartment Communities Inc.	34,837	$4,254,294
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

19 tracked positions · $5,570,077,632 total · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Healthcare Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	4,500,000	-4,575,000	$3,360,465,000	−43.1%	60.33%
VSAT	Viasat Inc Technology	Added	5,399,976	+131,580	$484,971,844	+101.0%	8.71%
TLN	Talen Energy Corp Utilities	Added	795,514	+151,030	$305,684,209	+48.6%	5.49%
CMCSA	Comcast Corp Communication Services	Added	8,299,000	+1,313,800	$203,740,450	+1.6%	3.66%
TDS	Telephone & Data Systems Inc /De/ Communication Services	Added	5,319,175	+695,241	$196,862,666	+1.1%	3.53%
CTRI	Centuri Holdings, Inc. Utilities	Added	5,516,741	+753,429	$166,826,247	+19.9%	3.00%
BKD	Brookdale Senior Living Inc. Healthcare	Added	9,878,207	+1,291,333	$158,940,350	+35.3%	2.85%
VISN	Vistance Networks, Inc. Technology	Added	11,106,021	+3,459,299	$141,934,948	+2.0%	2.55%
ACHC	Acadia Healthcare Company, Inc. Healthcare	Added	4,762,635	+925,399	$140,640,611	+56.7%	2.52%
VZ	Verizon Communications Inc Communication Services	NEW	2,021,000	NEW	$85,569,140	NEW	1.54%
ECHO	EchoStar CORP Communication Services	Reduced	697,709	-100,076	$70,817,463	−24.2%	1.27%
DHC	Diversified Healthcare Trust Real Estate	Added	6,139,329	+870,894	$57,095,759	+63.2%	1.03%
BNO	United States Brent Oil Fund, LP	NEW	1,350,365	NEW	$54,946,351	NEW	0.99%
CNNE	Cannae Holdings, Inc. Consumer Cyclical	Reduced	3,230,148	-32,500	$46,514,131	+25.4%	0.84%
UHS	Universal Health Services Inc Healthcare	NEW	200,000	NEW	$29,738,000	NEW	0.53%
SPHR	Sphere Entertainment Co. Communication Services	Added	157,326	+111,631	$27,222,117	+407.4%	0.49%
CORZ	Core Scientific, Inc./tx Technology	Added	992,827	+891,724	$25,406,442	+1579.8%	0.46%
WW	Ww International, Inc. Healthcare	Added	467,583	+10,863	$7,471,976	+19.1%	0.13%
CYH	Community Health Systems Inc Healthcare	Added	1,565,847	+243,924	$5,229,928	+34.6%	0.09%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.