SEC 13F Intelligence

Managers / Q4 2022 · view latest →

LONESTAR CAPITAL MANAGEMENT LLC

CIK 0001317410 · 601 CALIFORNIA STREET, 5TH FLOOR, SAN FRANCISCO, CA, 94108 · (415) 433-2010

Reported Value
$438M
Q4 2022
Positions
28
Filings on Record
30
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Lonestar Capital Management LLC reported $438M in U.S.-listed holdings across 28 positions for Q4 2022.

Its largest position, ET, represents 6.9% of the portfolio.

Compared with Q3 2022, the fund opened 13 new positions and exited 10.

Portfolio Metrics

Turnover
+57.9%
vs prior filed quarter
Top-10 Concentration
+30.3%
share of reported value
Largest Position
+6.9%
Energy Transfer L P
New / Exited
13 / 10
positions this quarter

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

13F Reported Value
Q4 ’18: $210MQ4 ’18Q1 ’19: $394MQ2 ’19: $447MQ3 ’19: $302MQ4 ’19: $166MQ4 ’19Q1 ’20: $99MQ2 ’20: $306MQ3 ’20: $576MQ4 ’20: $584MQ4 ’20Q1 ’21: $491MQ2 ’21: $680MQ3 ’21: $999MQ4 ’21: $418MQ4 ’21Q1 ’22: $784MQ2 ’22: $499MQ3 ’22: $371MQ4 ’22: $438MQ4 ’22Q1 ’23: $622MQ2 ’23: $1.1BQ3 ’23: $704MQ4 ’23: $684MQ4 ’23Q1 ’24: $1.1BQ2 ’24: $90MQ3 ’24: $591MQ4 ’24: $274MQ4 ’24Q1 ’25: $261MQ2 ’25: $270MQ3 ’25: $685MQ4 ’25: $624MQ4 ’25Q1 ’26: $671Mfilingsflow.com

Portfolio Composition

By security type
ETP: 60.2%Common Stock: 20.7%MLP: 7.9%PUBLIC: 5.7%Other: 4.8%Other: 0.7%
  • ETP · 60.2% · $264M
  • Common Stock · 20.7% · $91M
  • MLP · 7.9% · $34M
  • PUBLIC · 5.7% · $25M
  • Other · 4.8% · $21M
  • Other · 0.7% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLESELECT SECTOR SPDR TRNEW+13.0K13.0K+$114M$114M
ISHARES TRNEW+10.0K10.0K+$74M$74M
ISHARES TRNEW+5.0K5.0K+$50M$50M
ARK ETF TRNEW+5.0K5.0K+$16M$16M
VANECK ETF TRUSTNEW+160.0K160.0K+$6M$6M
VANECK ETF TRUSTNEW+190.0K190.0K+$5M$5M
DCHAMERICAN AXLE & MFG HLDGS INNEW+671.0K671.0K+$5M$5M
GNRCGENERAC HLDGS INCNEW+45.0K45.0K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ETENERGY TRANSFER L Phistory →COM UT LTD PTN6.94%$30M2.56M
2GARRETT MOTION INCPFD CONV SER A5.74%$25M2.89M
3EQTEQT CORPhistory →COM3.01%$13M390.0K
4MURMURPHY OIL CORPhistory →COM2.94%$13M300.0K
5VANECK ETF TRUSTJUNIOR GOLD MINE · GOLD MINERS ETF2.54%$11M350.0K
6CHRDCHORD ENERGY CORPORATIONhistory →COM NEW2.34%$10M75.0K
7KOSKOSMOS ENERGY LTDhistory →COM2.32%$10M1.60M
8GOLAR LNG LTDSHS1.82%$8M350.0K
9BTUPEABODY ENERGY CORPhistory →COM1.81%$8M300.0K
10ADTADT INC DELhistory →COM1.76%$8M850.0K
11TALOTALOS ENERGY INChistory →COM1.62%$7M375.0K
12DCHAMERICAN AXLE & MFG HLDGS INhistory →COM1.20%$5M671.0K
13GLOBAL SHIP LEASE INC NEWCOM CL A1.14%$5M300.0K
14GNRCGENERAC HLDGS INChistory →COM1.03%$5M45.0K
15WSCWILLSCOT MOBIL MINI HLDNG COCOM CL A0.98%$4M95.0K
16WESWESTERN MIDSTREAM PARTNERS LCOM UNIT LP INT0.92%$4M150.0K
17UBERUBER TECHNOLOGIES INCCOM0.90%$4M160.0K
18SPOTIFY TECHNOLOGY S ASHS0.90%$4M50.0K
19HTZHERTZ GLOBAL HLDGS INCCOM NEW0.74%$3M210.0K
20LIBERTY MEDIA CORP DELDEB 4.000%11/1 · DEB 3.750% 2/10.73%$3M9.33M
21DANAOS CORPORATIONSHS0.55%$2M45.5K
22ZEROFOX HLDGS INCCOM0.38%$2M332.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$671M32May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$624M31Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$685M27Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$270M18Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$261M18May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$274M22Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$591M20Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$90M13Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B22May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$684M21Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$704M27Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B29Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$622M27May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$438M28Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$371M25Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$499M23Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$784M30May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$418M28Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$999M27Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$680M24Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$491M20May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$584M27Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$576M25Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$306M17Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$99M19May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$166M19Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$302M23Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$447M26Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$394M26May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$210M17Feb 14, 201913F-HRchanges · 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 ↗.