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King Street Capital Management, L.P.

CIK:0001218199
Hedge Fund
$29B AUM
12 holdings
New York, NY, United States
Founded:1995
250 employees
Latest filing:Jun 30, 2025

King Street Capital Management, L.P. is a leading global alternative asset manager founded in 1995 and headquartered in New York, NY. The firm oversees more than $29 billion in assets and operates across an institutional platform spanning public and private markets. With over 250 employees worldwide—including 90+ investment professionals—it maintains offices in key global financial centers, including London, Singapore, Tokyo, Charlottesville, Dublin, Dubai, and Menlo Park. King Street specializes as a global credit and event-driven specialist, serving institutional investors such as pension funds, sovereign wealth funds, endowments, and foundations.

Investment Strategy

King Street Capital Management employs a fundamental, research-intensive approach focused on identifying dislocations and mispriced opportunities across asset classes, capital structures, and geographies. The firm leverages its deep expertise in credit, restructurings, bankruptcies, and event-driven investing, combining rigorous research with tactical trading and robust sourcing to deliver risk-adjusted returns for institutional clients. Their investment strategy spans both public and private markets, often emphasizing bespoke lending, distressed assets, and complex financial situations where their analytical edge and global reach add value.

Latest 13F Filing Activity

King Street Capital Management, L.P. filed their most recent 13F report on Jun 30, 2025 disclosing 7 equity positions and 2 options positions with a total 13F market value of $1B. The fund increased holdings in Surgery Partners Inc., Anywhere Real Estate Inc., Uniti Group Inc. among other positions. King Street Capital Management, L.P. reduced exposure to PG&E Corp., Aveanna Healthcare HLDGS Inc., Altice USA Inc. among others.

Top Buys
S
SGRYSURGERY PARTNERS INC
+$19.6M
H
HOUSANYWHERE REAL ESTATE INC
+$11.5M
A
AVAHAVEANNA HEALTHCARE HLDGS INC
-$10.1M
U
UNITUNITI GROUP INC
+$3.7M
B
BABOEING CO
+$3.7M
Top Sells
S
SGRYSURGERY PARTNERS INC
+$19.6M
P
PCGPG&E CORP
-$17.2M
H
HOUSANYWHERE REAL ESTATE INC
+$11.5M
A
AVAHAVEANNA HEALTHCARE HLDGS INC
-$10.1M
A
ATUSALTICE USA INC
-$10.1M

Top Holdings

B
BABOEING CO
+15.0%$157.1M
S
SGRYSURGERY PARTNERS INC
+13.2%$138.4M
U
UNITUNITI GROUP INC
+2.5%$25.9M
A
AVAHAVEANNA HEALTHCARE HLDGS INC
+2.3%$23.8M
H
HOUSANYWHERE REAL ESTATE INC
+1.7%$17.4M

Equity Positions (7)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
BOEING CO14.97%$157.1M750,000$174.13$209.53+$3.7M
SURGERY PARTNERS INC13.18%$138.4M6,225,000$24.87$22.23+$19.6M
UNITI GROUP INC2.47%$25.9M6,000,000$8.45$7.18+$3.7M
AVEANNA HEALTHCARE HLDGS INC2.27%$23.8M4,550,000$1.66$5.23-$10.1M
ANYWHERE REAL ESTATE INC1.66%$17.4M4,800,000$3.51$3.62+$11.5M

Options Positions (2)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
ISHARES TRNew
Put
$322.6M40,000$80.65$80.65+40,000+$322.6M
NVIDIA CORPORATION
Put
$94.8M6,000$157.99$134.290+$29.8M

Industry Allocation

SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC
+8.6%
AIRCRAFT
+5.4%
SEMICONDUCTORS & RELATED DEVICES
+4.8%
REAL ESTATE INVESTMENT TRUSTS
+3.9%
STATE COMMERCIAL BANKS
+0.7%

Investment Team (31)

NameRoleLocationLinkedIn
David Suggs
David Suggs
Research AnalystNew York, NY , United States
Ed Testerman
Ed Testerman
PartnerNew York, NY , United States
Eric Zhao
Eric Zhao
Quantitative AnalystNew York, NY , United States
K
Katherine Gummeson
Research AnalystNew York, NY , United States
Keith Kobyra
Keith Kobyra
Research AnalystCharlottesville, VA , United States
Kyle Phillips
Kyle Phillips
Trader, Real EstateNY , United States
Matthew Dibenedetto
Matthew Dibenedetto
Investment AnalystNew York, NY , United States
Matthew Porter
Matthew Porter
Research AnalystNew York, NY , United States
Max Nowicki
Max Nowicki
Chief Investment OfficerSeattle, WA , United States
Ross Solomon
Ross Solomon
Senior AnalystNew York, NY , United States
Showing 1-10 of 31 team members