Carronade Capital Management, LP
Carronade Capital Management, LP is a hedge fund and investment management firm headquartered in Darien, Connecticut. Founded in 2019, the firm primarily manages portfolios for high-net-worth individuals, family offices, and institutional investors. It employs a team of experienced investment professionals and provides customized solutions tailored to clients’ specific objectives. The firm is known for its proactive and disciplined approach, and as of recent data, it employs between 10 and 15 employees.
Investment Strategy
Carronade Capital Management employs a proactive and disciplined investment approach focused on long-term capital appreciation. The firm utilizes in-depth research and a combination of fundamental analysis, macroeconomic analysis, and quantitative strategies to identify attractive investment opportunities across a variety of asset classes, including equities, fixed income, real estate, and alternatives. Their process is highly customized to each client’s objectives and risk tolerance, emphasizing risk-adjusted returns, transparency, and partnership-driven client relationships.
Top Holdings
Equity Positions (18)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TLN | TALEN ENERGY CORP | 11.26% | $157.8M | 542,743 | $282.55 | $290.77 | +$151.0M |
T TDS | TELEPHONE & DATA SYS INC | 8.61% | $120.7M | 3,392,500 | $35.15 | $35.58 | +$116.8M |
C CNNE | CANNAE HLDGS INC | 4.74% | $66.5M | 3,189,027 | $19.15 | $20.85 | +$11.2M |
G GEO | GEO GROUP INC NEW | 3.82% | $53.5M | 2,232,854 | $22.98 | $23.95 | -$93.5M |
B BKD | BROOKDALE SR LIVING INC | 3.43% | $48.0M | 6,902,737 | $6.85 | $6.96 | +$44.5M |
Options Positions (3)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
I ITB | ISHARES TR | New | Put | $647.4M | 30,000 | $93.17 | $93.17 | +30,000 | +$647.4M |
G GEO | GEO GROUP INC NEW | New | Call | $23.9M | 10,000 | $23.95 | $23.95 | +10,000 | +$23.9M |
V VSAT | VIASAT INC | — | Call | $9.5M | 6,500 | $14.60 | $10.42 | 0 | +$2.7M |
Industry Allocation
Investment Team (8)
| Name | Role | Location | |
|---|---|---|---|
A Andy Taylor | Managing Director | New York, NY , United States | |
 | Managing Partner and Chief Investment Officer | Darien, CT , United States | |
 | Senior Analyst | New York, NY , United States | |
S Suhas Thalapaneni | Analyst | Darien, CT , United States | |
T Tom Lyon | Managing Director - Trading | New York, NY , United States | |
 | Senior Analyst | Atlanta, GA , United States | |
R Ryan Eckert | Managing Director | New York, NY , United States | |
 | Senior Analyst | New York, NY , United States |