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Portfolio (Quarterly) Guide ↗

CARRONADE CAPITAL MANAGEMENT, LP

· CIK 0001866872
13F Portfolio $4.3B AUM Filed Nov 14, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 33 New
Page 2 of 2  ·  33 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 OPTU ALTICE USA INC Communication Services 5,768,682.0 $13.9M 0.32% NEW $2.41 -70.4%
22 GBTG GLOBAL BUSINESS TRAVEL GROUP Technology 1,705,039.0 $13.8M 0.32% NEW $8.08 +16.7%
23 WW INTL INC 446,615.0 $12.2M 0.28% NEW $27.36
24 KSS PUT KOHLS CORP Consumer Cyclical 750,000.0 $11.5M 0.27% NEW $15.37 -17.4%
25 CPT CAMDEN PPTY TR Real Estate 95,936.0 $10.2M 0.24% NEW $106.78 -0.6%
26 EQR EQUITY RESIDENTIAL Real Estate 152,549.0 $9.9M 0.23% NEW $64.73 +1.6%
27 AVB AVALONBAY CMNTYS INC Real Estate 51,047.0 $9.9M 0.23% NEW $193.17 -4.7%
28 UDR UDR INC Real Estate 258,116.0 $9.6M 0.22% NEW $37.26 +1.5%
29 CZR CAESARS ENTERTAINMENT INC NE Consumer Cyclical 248,173.0 $6.7M 0.15% NEW $27.03 +3.2%
30 MAA MID-AMER APT CMNTYS INC Real Estate 43,184.0 $6.0M 0.14% NEW $139.73 -7.0%
31 ESS ESSEX PPTY TR INC Real Estate 21,947.0 $5.9M 0.14% NEW $267.64 +2.3%
32 BROOKDALE SR LIVING INC 2,000,000.0 $2.3M 0.05% NEW $1.14
33 VALARIS LTD 687,260.0 $1.9M 0.04% NEW $2.80
Page 2 of 2  ·  33 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Utilities 36.5%
Communication Services 19.0%
Technology 18.9%
Real Estate 8.6%
Consumer Cyclical 7.8%
Healthcare 7.3%
Industrials 1.8%