SEC 13F Intelligence

Managers / Q1 2022 · view latest →

CARRONADE CAPITAL MANAGEMENT, LP

CIK 0001866872 · 17 OLD KINGS HIGHWAY SOUTH, SUITE 140, DARIEN, CT, 06820 · 475-259-0060

Reported Value
$1.4B
Q1 2022
Positions
32
Filings on Record
23
2019–present window
Filed
May 16, 2022
original filing

Summary

Carronade Capital Management, LP reported $1.4B in U.S.-listed holdings across 32 positions for Q1 2022.

Its largest position, FE, represents 2.1% of the portfolio.

Compared with Q4 2021, the fund opened 13 new positions and exited 7.

Portfolio Metrics

Turnover
+9.7%
vs prior filed quarter
Top-10 Concentration
+13.8%
share of reported value
Largest Position
+2.1%
Firstenergy
New / Exited
13 / 7
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 ’21: $337MQ4 ’21Q1 ’22: $1.4BQ2 ’22: $706MQ3 ’22: $899MQ3 ’22Q4 ’22: $459MQ1 ’23: $247MQ2 ’23: $412MQ2 ’23Q3 ’23: $680MQ4 ’23: $872MQ1 ’24: $1.6BQ1 ’24Q2 ’24: $1.9BQ3 ’24: $1.5BQ4 ’24: $1.8BQ4 ’24Q1 ’25: $1.7BQ2 ’25: $1.9BQ3 ’25: $4.3BQ3 ’25Q4 ’25: $7.3BQ1 ’26: $7.7Bfilingsflow.com

Portfolio Composition

By security type
Other: 85.5%Common Stock: 5.4%US DOMESTIC: 3.5%GLOBAL: 3.4%Equity WRT: 2.2%
  • Other · 85.5% · $1.2B
  • Common Stock · 5.4% · $76M
  • US DOMESTIC · 3.5% · $50M
  • GLOBAL · 3.4% · $47M
  • Equity WRT · 2.2% · $30M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+2.10M2.10M+$171M$171M
SPDR S&P 500 ETF TRNEW+200.0K200.0K+$90M$90M
SPDR SER TRNEW+600.0K600.0K+$81M$81M
SWXSOUTHWEST GAS HLDGS INCNEW+337.6K337.6K+$26M$26M
SOUTHWESTERN ENERGY CONEW+3.50M3.50M+$25M$25M
MICROSTRATEGY INCNEW+26.35M26.35M+$19M$19M
BEYOND MEAT INCNEW+15.00M15.00M+$9M$9M
NEENEXTERA ENERGY INCNEW+45.0K45.0K+$4M$4M

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

Holdings — Q1 2022

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HTZWWHERTZ GLOBAL HLDGS INC*W EXP 06/30/205 · COM NEW2.10%$29M1.72M
2FEFIRSTENERGY CORPhistory →COM2.08%$29M636.5K
3SWXSOUTHWEST GAS HLDGS INChistory →COM1.88%$26M337.6K
4TRANSOCEAN INCDEB 4.000%12/11.72%$24M20.00M
5AURORA CANNABIS INCNOTE 5.500% 2/21.66%$23M25.48M
6DISH NETWORK CORPORATIONNOTE 12/11.56%$22M22.50M
7MICROSTRATEGY INCNOTE 2/11.35%$19M26.35M
8EXECHESAPEAKE ENERGY CORP*W EXP 02/09/202 · COM1.04%$15M239.0K
9BYNDBEYOND MEAT INCNOTE 3/1 · COM0.74%$10M15.03M
10VALARIS LIMITED*W EXP 04/29/2020.47%$7M771.1K
11APOLLO STRATEGIC GROWTH CAPT*W EXP 10/29/202 · SHS CL A0.37%$5M3.11M
12NEENEXTERA ENERGY INCCOM0.27%$4M45.0K
13BRYGBPBERRY CORPCOM0.07%$1M100.0K
14FORTRESS CAPITAL ACQUISITION*W EXP 99/99/9990.00%$40,000100.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$7.7B32May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$7.3B31Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.3B33Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.9B38Aug 19, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$1.7B31May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.8B37Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.5B32Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.9B31Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.6B24May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$872M22Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$680M28Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$412M18Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$247M21May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$459M24Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$899M30Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$706M26Aug 16, 2022RESTATEMENTchanges · EDGAR ↗
Q1 2022$1.4B32May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$337M26Feb 14, 202213F-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 ↗.