CARRONADE CAPITAL MANAGEMENT, LP

CIK

1866872

Location

DARIEN, CT

Portfolio Value

Small $381,975,376

Diversification

Highly concentrated

Filing Date

Global Rank

#370 / 8,232 ▲ 121

Top Industry

Telecom Services 31.7%

3Y Alpha vs SPY

-7.9%

Period ended 2 months ago

Filed May 15, 2026 · 30d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+44.0%

SPY

+76.3%

Annualised alpha

-7.9%

Max drawdown

−27.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

79.0%

−0.8 pts

Top 5

90.3%

−1.3 pts

Top 10

98.1%

+0.3 pts

HHI

6,290

Highly concentrated−123

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	79.0%	$5,901,835,500	1
Communication Services	6.7%	$502,519,781	5
Technology	5.1%	$381,975,376	3
Utilities	4.6%	$344,874,970	2
Healthcare	2.9%	$217,383,171	4
Real Estate	1.0%	$72,119,222	7
Consumer Cyclical	0.5%	$37,096,307	1
Industrials	0.1%	$10,756,070	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
VISN	Vistance Networks, Inc.	+6,099,799	7,646,722	$139,170,340
SPY	Spdr S&P 500 ETF Trust	+1,950,000	9,075,000	$5,901,835,500
BKD	Brookdale Senior Living Inc.	+1,237,000	8,586,874	$117,468,436
CYH	Community Health Systems Inc	+996,923	1,321,923	$3,886,453
CMCSA	Comcast Corp	+985,200	6,985,200	$200,545,092
CTRI	Centuri Holdings, Inc.	+774,648	4,763,312	$139,136,343
OPTU	Optimum Communications, Inc.	+558,000	6,573,682	$8,545,786
VSAT	Viasat Inc	+556,895	5,268,396	$241,292,536
DHC	Diversified Healthcare Trust	+504,898	5,268,435	$34,982,408
TDS	Telephone & Data Systems Inc /De/	+420,340	4,623,934	$194,667,621
TLN	Talen Energy Corp	+67,245	644,484	$205,738,627
CORZ	Core Scientific, Inc./tx	+1,103	101,103	$1,512,500
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
SATS	EchoStar CORP	−246,130	797,785	$93,396,689
UDR	UDR, Inc.	−56,370	208,225	$7,033,840
EQR	Equity Residential	−33,316	123,062	$7,279,117
CPT	Camden Property Trust	−20,951	77,393	$7,558,200
AVB	Avalonbay Communities Inc	−11,148	41,180	$6,726,753
MAA	Mid America Apartment Communities Inc.	−9,431	34,837	$4,254,294
ESS	Essex Property Trust, Inc.	−4,793	17,705	$4,284,610
WW	Ww International, Inc.	−1,115	456,720	$6,275,332
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
ACHC	Acadia Healthcare Company, Inc.	3,837,236	$89,752,950
JBLU	Jetblue Airways Corp	2,433,500	$10,756,070
SPHR	Sphere Entertainment Co.	45,695	$5,364,593
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
GEO	Geo Group Inc	992,931	$16,006,047
KSS	KOHLS Corp	750,000	$15,307,500
CZR	Caesars Entertainment, Inc.	257,160	$6,014,972
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3 positions · $381,975,376 total · Technology only · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VSAT	Viasat Inc Technology	Added	5,268,396	+556,895	$241,292,536	+48.6%	63.17%
VISN	Vistance Networks, Inc. Technology	Added	7,646,722	+6,099,799	$139,170,340	+396.2%	36.43%
CORZ	Core Scientific, Inc./tx Technology	Added	101,103	+1,103	$1,512,500	+3.9%	0.40%