Latest Carronade Capital Management, LP Stock Portfolio
Carronade Capital Management, LP Performance:
2024 Q3: 3.71%YTD: 12.46%2023: -3.19%
Performance for 2024 Q3 is 3.71%, and YTD is 12.46%, and 2023 is -3.19%.
About Carronade Capital Management, LP and 13F Hedge Fund Stock Holdings
CARRONADE CAPITAL MANAGEMENT, LP is a hedge fund based in DARIEN, CT. On 20-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.5 Billions. In it's latest 13F Holdings report, CARRONADE CAPITAL MANAGEMENT, LP reported an equity portfolio of $1.5 Billions as of 30 Sep, 2024.
The top stock holdings of CARRONADE CAPITAL MANAGEMENT, LP are , FYBR, CHK. The fund has invested 4.7% of it's portfolio in TALEN ENERGY CORP and 2.7% of portfolio in FRONTIER COMMUNICATIONS PARE.
The fund managers got completely rid off EMERGENT BIOSOLUTIONS INC (EBS) and BAUSCH HEALTH COS INC (BHC) stocks. They significantly reduced their stock positions in INVESCO EXCH TRADED FD TR II (BAB) and CHESAPEAKE ENERGY CORP (CHK). CARRONADE CAPITAL MANAGEMENT, LP opened new stock positions in TALEN ENERGY CORP, FRONTIER COMMUNICATIONS PARE (FYBR) and CANNAE HLDGS INC (CNNE). The fund showed a lot of confidence in some stocks as they added substantially to ALTICE USA INC (ATUS), GEO GROUP INC NEW (GEO) and VALARIS LTD (VAL).
The top stock holdings of CARRONADE CAPITAL MANAGEMENT, LP are , FYBR, CHK. The fund has invested 4.7% of it's portfolio in TALEN ENERGY CORP and 2.7% of portfolio in FRONTIER COMMUNICATIONS PARE.
The fund managers got completely rid off EMERGENT BIOSOLUTIONS INC (EBS) and BAUSCH HEALTH COS INC (BHC) stocks. They significantly reduced their stock positions in INVESCO EXCH TRADED FD TR II (BAB) and CHESAPEAKE ENERGY CORP (CHK). CARRONADE CAPITAL MANAGEMENT, LP opened new stock positions in TALEN ENERGY CORP, FRONTIER COMMUNICATIONS PARE (FYBR) and CANNAE HLDGS INC (CNNE). The fund showed a lot of confidence in some stocks as they added substantially to ALTICE USA INC (ATUS), GEO GROUP INC NEW (GEO) and VALARIS LTD (VAL).
Carronade Capital Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that CARRONADE CAPITAL MANAGEMENT, LP made a return of 3.71% in the last quarter. In trailing 12 months, it's portfolio return was 9.56%.
New Buys
| Ticker | $ Bought |
|---|---|
| talen energy corp | 71,296,000 |
| frontier communications pare | 40,921,000 |
| cannae hldgs inc | 13,423,000 |
| brookdale sr living inc | 10,388,000 |
| commscope hldg co inc | 7,705,000 |
| brookdale sr living inc | 2,084,000 |
| sinclair inc | 1,301,000 |
New stocks bought by Carronade Capital Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| altice usa inc | 632 |
| geo group inc new | 21.55 |
| valaris ltd | 15.00 |
| global business travel group | 11.98 |
| centuri holdings inc | 8.28 |
Additions to existing portfolio by Carronade Capital Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| invesco exch traded fd tr ii | -74.89 |
| dish network corporation | -49.2 |
| chesapeake energy corp | -0.04 |
Carronade Capital Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| emergent biosolutions inc | -3,755,000 |
| bausch health cos inc | -438,000 |
Carronade Capital Management, LP got rid off the above stocks
Sector Distribution
CARRONADE CAPITAL MANAGEMENT, LP has about 37.3% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 37.3 |
| Communication Services | 14.1 |
| Real Estate | 12.6 |
| Energy | 11.7 |
| Technology | 10.6 |
| Industrials | 6.6 |
| Consumer Cyclical | 4 |
| Healthcare | 3.1 |
Market Cap. Distribution
CARRONADE CAPITAL MANAGEMENT, LP has about 12.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 37.3 |
| MID-CAP | 32.3 |
| SMALL-CAP | 17.9 |
| LARGE-CAP | 12.6 |
Stocks belong to which Index?
About 40% of the stocks held by CARRONADE CAPITAL MANAGEMENT, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 60 |
| RUSSELL 2000 | 27.4 |
| S&P 500 | 12.6 |
Carronade Capital Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Carronade Capital Management, LP
CARRONADE CAPITAL MANAGEMENT, LP has 21 stocks in it's portfolio. About 17.6% of the portfolio is in top 10 stocks. VAL proved to be the most loss making stock for the portfolio. FYBR was the most profitable stock for CARRONADE CAPITAL MANAGEMENT, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ATUS | altice usa inc | 0.31 | 1,888,450 | 4,646,000 | added | 632 | ||
| AVB | avalonbay cmntys inc | 0.55 | 36,972 | 8,328,000 | unchanged | 0.00 | ||
| BAB | invesco exch traded fd tr ii | 1.59 | 1,150,000 | 24,162,000 | reduced | -74.89 | ||
| BHC | bausch health cos inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BKD | brookdale sr living inc | 0.68 | 1,529,830 | 10,388,000 | new | |||
| BKD | brookdale sr living inc | 0.14 | 2,000,000 | 2,084,000 | new | |||
| CHK | chesapeake energy corp | 1.96 | 456,802 | 29,774,000 | reduced | -0.04 | ||
| CNNE | cannae hldgs inc | 0.88 | 704,263 | 13,423,000 | new | |||
| COMM | commscope hldg co inc | 0.51 | 1,261,100 | 7,705,000 | new | |||
| CPT | camden ppty tr | 0.56 | 69,162 | 8,544,000 | unchanged | 0.00 | ||
| DISH | dish network corporation | 0.88 | 15,490,000 | 13,438,000 | reduced | -49.2 | ||
| EBS | emergent biosolutions inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EQR | equity residential | 0.54 | 109,626 | 8,163,000 | unchanged | 0.00 | ||
| ESS | essex ppty tr inc | 0.27 | 13,665 | 4,037,000 | unchanged | 0.00 | ||
| FYBR | frontier communications pare | 2.69 | 1,151,720 | 40,921,000 | new | |||
| GBTG | global business travel group | 1.81 | 3,583,320 | 27,556,000 | added | 11.98 | ||
| GEO | geo group inc new | 1.44 | 1,701,940 | 21,870,000 | added | 21.55 | ||
| MAA | mid-amer apt cmntys inc | 0.29 | 27,331 | 4,343,000 | unchanged | 0.00 | ||
| ONYX | onyx acquisition co i | 0.61 | 814,082 | 9,215,000 | unchanged | 0.00 | ||
| SBGI | sinclair inc | 0.09 | 85,000 | 1,301,000 | new | |||