Carronade Capital Management, LP
DARIEN, CT
$5.8bn in 23 US stocks at the end of 30 June 2026. The top 10 are 91.2% of the money. It changed about 65.1% of the portfolio this quarter.
Value
$5.8bn
Stocks
23
Top 10 share
91.2%
Turnover
65.1%
What changed this quarter
New
Bought for the first time this quarter.
- State STR Spdr S&P 500 ETF TSPY58.2% of the fund
- ComcastCMCSA3.5% of the fund
- Verizon CommunicationsVZ1.5% of the fund
- United STS Brent Oil FD LPBNO1.0% of the fund
- Universal Health ServicesUHS0.5% of the fund
Added
Bought more of a stock they already held.
- ViasatVSAT8.4% of the fund+67%
- Talen EnergyTLN5.3% of the fund+23%
- Telephone & Data SystemsTDS3.4% of the fund+15%
- Centuri HoldingsCTRI2.9% of the fund+21%
- Brookdale Senior LivingBKD2.8% of the fund+15%
- Vistance NetworksVISN2.5% of the fund+45%
- Acadia Healthcare CompanyACHC2.4% of the fund+104%
- Echostar1.5% of the fund+8%
- EchoStarECHO1.2% of the fund+20%
- Diversified Healthcare TrustDHC1.0% of the fund+17%
- Sphere EntertainmentSPHR0.5% of the fund+244%
- Core ScientificCORZ0.4% of the fund+882%
- ValarisVAL-WS0.2% of the fund+18%
- WW InternationalWW0.1% of the fund+2%
- Community Health SystemsCYH<0.1% of the fund+18%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
- Optimum CommunicationsOPTU-100%
- Camden Property TrustCPT-100%
- Vivmark ResidentialVMRK-100%
- UDRUDR-100%
- Avalonbay CommunitiesAVB-100%
- Essex Property TrustESS-100%
- MID America Apartment CommunitiesMAA-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 58.2%
- Value
- $3.4bn
- Shares
- 4,500,000
New
- Sphere Entertainment
- Share
- 1.8%
- Value
- $104m
- Shares
- 21,384,000
Held
- Echostar
- Share
- 1.5%
- Value
- $86m
- Shares
- 27,638,496
+8%
- United STS Brent Oil FD LPBNO
- Share
- 1.0%
- Value
- $55m
- Shares
- 1,350,365
New
- ValarisVAL-WS
- Share
- 0.2%
- Value
- $10m
- Shares
- 1,184,013
+18%
- Brookdale SR Living
- Share
- <0.1%
- Value
- $4m
- Shares
- 2,000,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| State STR Spdr S&P 500 ETF TSPY | 58.2% | $3.4bn | 4,500,000 | New |
| ViasatVSAT | 8.4% | $485m | 5,399,976 | +67% |
| Talen EnergyTLN | 5.3% | $306m | 795,514 | +23% |
| ComcastCMCSA | 3.5% | $204m | 8,299,000 | New |
| Telephone & Data SystemsTDS | 3.4% | $197m | 5,319,175 | +15% |
| Centuri HoldingsCTRI | 2.9% | $167m | 5,516,741 | +21% |
| Brookdale Senior LivingBKD | 2.8% | $159m | 9,878,207 | +15% |
| Vistance NetworksVISN | 2.5% | $142m | 11,106,021 | +45% |
| Acadia Healthcare CompanyACHC | 2.4% | $141m | 4,762,635 | +104% |
| Sphere Entertainment | 1.8% | $104m | 21,384,000 | Held |
| Echostar | 1.5% | $86m | 27,638,496 | +8% |
| Verizon CommunicationsVZ | 1.5% | $86m | 2,021,000 | New |
| EchoStarECHO | 1.2% | $71m | 697,709 | +20% |
| Diversified Healthcare TrustDHC | 1.0% | $57m | 6,139,329 | +17% |
| United STS Brent Oil FD LPBNO | 1.0% | $55m | 1,350,365 | New |
| Cannae HoldingsCNNE | 0.8% | $47m | 3,230,148 | Held |
| Universal Health ServicesUHS | 0.5% | $30m | 200,000 | New |
| Sphere EntertainmentSPHR | 0.5% | $27m | 157,326 | +244% |
| Core ScientificCORZ | 0.4% | $25m | 992,827 | +882% |
| ValarisVAL-WS | 0.2% | $10m | 1,184,013 | +18% |
| WW InternationalWW | 0.1% | $7m | 467,583 | +2% |
| Community Health SystemsCYH | <0.1% | $5m | 1,565,847 | +18% |
| Brookdale SR Living | <0.1% | $4m | 2,000,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 701.0% since 30 June 2025.
Where the money is
Media & telecom18.0%
Utilities8.2%
Health care5.8%
Technology2.5%
Retail & consumer1.4%
Real estate1.0%
Financial services0.4%
Other62.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.