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Carronade Capital Management, LP

CIK:0001866872
Hedge Fund
$2B AUM
27 holdings
Darien, CT, United States
Founded:2019
15 employees
Latest filing:Jun 30, 2025

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.

Latest 13F Filing Activity

Carronade Capital Management, LP filed their most recent 13F report on Jun 30, 2025 disclosing 18 equity positions and 3 options positions with a total 13F market value of $1B. The fund increased holdings in Talen Energy Corp., Telephone & Data SYS Inc., Brookdale SR Living Inc. among other positions. Carronade Capital Management, LP reduced exposure to Geo Group Inc. New, Sinclair Inc., Frontier Communications Pare among others.

Top Buys
T
TLNTALEN ENERGY CORP
+$151.0M
T
TDSTELEPHONE & DATA SYS INC
+$116.8M
B
BKDBROOKDALE SR LIVING INC
+$44.5M
C
CTRICENTURI HOLDINGS INC
+$19.3M
C
CNNECANNAE HLDGS INC
+$11.2M
Top Sells
G
GEOGEO GROUP INC NEW
-$93.5M
S
SBGISINCLAIR INC
-$39.3M
F
FYBRFRONTIER COMMUNICATIONS PARE
-$34.1M
G
GBTGGLOBAL BUSINESS TRAVEL GROUP
-$32.7M
C
CZRCAESARS ENTERTAINMENT INC NE
-$14.0M

Top Holdings

T
TLNTALEN ENERGY CORP
+11.3%$157.8M
T
TDSTELEPHONE & DATA SYS INC
+8.6%$120.7M
C
CNNECANNAE HLDGS INC
+4.7%$66.5M
G
GEOGEO GROUP INC NEW
+3.8%$53.5M
B
BKDBROOKDALE SR LIVING INC
+3.4%$48.0M

Equity Positions (18)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
TALEN ENERGY CORP11.26%$157.8M542,743$282.55$290.77+$151.0M
TELEPHONE & DATA SYS INC8.61%$120.7M3,392,500$35.15$35.58+$116.8M
CANNAE HLDGS INC4.74%$66.5M3,189,027$19.15$20.85+$11.2M
GEO GROUP INC NEW3.82%$53.5M2,232,854$22.98$23.95-$93.5M
BROOKDALE SR LIVING INC3.43%$48.0M6,902,737$6.85$6.96+$44.5M

Options Positions (3)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
ISHARES TRNew
Put
$647.4M30,000$93.17$93.17+30,000+$647.4M
GEO GROUP INC NEWNew
Call
$23.9M10,000$23.95$23.95+10,000+$23.9M
VIASAT INC
Call
$9.5M6,500$14.60$10.420+$2.7M

Industry Allocation

ELECTRIC SERVICES
+5.5%
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
+4.0%
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
+3.3%
REAL ESTATE INVESTMENT TRUSTS
+1.7%
COMMUNICATIONS SERVICES, NEC
+1.6%

Investment Team (8)

NameRoleLocationLinkedIn
A
Andy Taylor
Managing DirectorNew York, NY , United States
Dan Gropper
Dan Gropper
Managing Partner and Chief Investment OfficerDarien, CT , United States
Khalil AbuManneh
Khalil AbuManneh
Senior AnalystNew York, NY , United States
S
Suhas Thalapaneni
AnalystDarien, CT , United States
T
Tom Lyon
Managing Director - TradingNew York, NY , United States
Win Rollins
Win Rollins
Senior AnalystAtlanta, GA , United States
R
Ryan Eckert
Managing DirectorNew York, NY , United States
Stas Futoransky
Stas Futoransky
Senior AnalystNew York, NY , United States