Managers / Q1 2020 · view latest →
LONESTAR CAPITAL MANAGEMENT LLC
CIK 0001317410 · 601 CALIFORNIA STREET, 5TH FLOOR, SAN FRANCISCO, CA, 94108 · (415) 433-2010
Summary
Lonestar Capital Management LLC reported $99M in U.S.-listed holdings across 19 positions for Q1 2020.
Its largest position, NRA, represents 12.4% of the portfolio.
Compared with Q4 2019, the fund opened 9 new positions and exited 9.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 48.0% · $48M
- Other · 46.4% · $46M
- ETP · 3.9% · $4M
- Ltd Part · 1.7% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPDR GOLD TRUST | NEW | +2.0K | 2.0K | +$30M | $30M |
| NRANRG ENERGY INC | NEW | +450.0K | 450.0K | +$12M | $12M |
| VSTVISTRA ENERGY CORP | NEW | +700.0K | 700.0K | +$11M | $11M |
| SMCIUSDSUPER MICRO COMPUTER INC | NEW | +200.0K | 200.0K | +$4M | $4M |
| DANAOS CORPORATION | NEW | +618.7K | 618.7K | +$2M | $2M |
| GOOGLALPHABET INC | NEW | +2.0K | 2.0K | +$2M | $2M |
| FTAIEURFORTRESS TRANS INFRST INVS L | NEW | +200.0K | 200.0K | +$2M | $2M |
| GOOGALPHABET INC | NEW | +1.0K | 1.0K | +$1M | $1M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NRANRG ENERGY INChistory → | COM NEW | 12.36% | $12M | 450.0K |
| 2 | VSTVISTRA ENERGY CORPhistory → | COM | 11.26% | $11M | 700.0K |
| 3 | WILLSCOT CORP | COM | 6.64% | $7M | 650.0K |
| 4 | BERYEURBERRY GLOBAL GROUP INChistory → | COM | 5.98% | $6M | 176.0K |
| 5 | IHRTIHEARTMEDIA INChistory → | COM CL A | 5.16% | $5M | 700.0K |
| 6 | SMCIUSDSUPER MICRO COMPUTER INChistory → | COM | 4.29% | $4M | 200.0K |
| 7 | VANECK VECTORS ETF TR | GOLD MINERS ETF | 3.95% | $4M | 170.0K |
| 8 | BROADMARK RLTY CAP INC | COM | 3.79% | $4M | 500.0K |
| 9 | PROTHENA CORP PLC | SHS | 3.67% | $4M | 340.0K |
| 10 | GOOGLALPHABET INChistory → | CAP STK CL A · CAP STK CL C | 3.51% | $3M | 3.0K |
| 11 | DANAOS CORPORATION | SHS | 2.49% | $2M | 618.7K |
| 12 | CHS1USDCHICOS FAS INChistory → | COM | 2.08% | $2M | 1.60M |
| 13 | FPHFIVE POINT HOLDINGS LLChistory → | COM CL A | 1.99% | $2M | 390.0K |
| 14 | FTAIEURFORTRESS TRANS INFRST INVS Lhistory → | COM REP LTD LIAB | 1.65% | $2M | 200.0K |
| 15 | ETMUSDENTERCOM COMMUNICATIONS CORPhistory → | CL A | 1.29% | $1M | 750.0K |
| 16 | MINIEURMOBILE MINI INC | COM | 0.04% | $37,000 | 1.4K |
| 17 | REGIEURRENEWABLE ENERGY GROUP INC | COM NEW | 0.01% | $12,000 | 585 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $671M | 32 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $624M | 31 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $685M | 27 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $270M | 18 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $261M | 18 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $274M | 22 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $591M | 20 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $90M | 13 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $1.1B | 22 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $684M | 21 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $704M | 27 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $1.1B | 29 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $622M | 27 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $438M | 28 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $371M | 25 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $499M | 23 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $784M | 30 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $418M | 28 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $999M | 27 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $680M | 24 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $491M | 20 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $584M | 27 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $576M | 25 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $306M | 17 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $99M | 19 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $166M | 19 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $302M | 23 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $447M | 26 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $394M | 26 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $210M | 17 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.