Q3 2025 · 13F-HR
KING STREET CAPITAL MANAGEMENT, L.P.holdings as filed
Filed 2025-11-14 · accession 0001172661-25-004996
$2.34B
Reported value
18
Positions
2025-09-30
Period end
The Brief · KING STREET CAPITAL MANAGEMENT, L.P. · Q3 2025
AI · grounded in 13F
KING STREET CAPITAL MANAGEMENT, L.P. established a new position in HYG valued at $771.3M. The fund also initiated a new stake in LQD for $724.6M. Other new additions include SGRY at $202.1M and BA at $126M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464288513 | HYG | ISHARES TR | $771.3M | 33.0% | 9,500,000 | PUT | SOLE |
| 464287242 | LQD | ISHARES TR | $724.6M | 31.0% | 6,500,000 | PUT | SOLE |
| 86881A100 | SGRY | SURGERY PARTNERS INC | $202.1M | 8.65% | 9,339,930 | Common | SOLE |
| 097023105 | BA | BOEING CO | $126.0M | 5.39% | 584,000 | Common | SOLE |
| 097023204 | BA 6 10/15/27 | BOEING CO | $118.5M | 5.07% | 1,700,000 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $111.9M | 4.79% | 600,000 | PUT | SOLE |
| 69331CAL2 | PCG 4.25 12/01/27 | PG&E CORP | $111.5M | 4.77% | 110,000,000 | Common | SOLE |
| 912932100 | UNIT | UNITI GROUP LLC | $27.5M | 1.18% | 4,491,482 | Common | SOLE |
| 78440X887 | SLG | SL GREEN RLTY CORP | $26.9M | 1.15% | 450,330 | Common | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $17.4M | 0.74% | 275,000 | Common | SOLE |
| 02005N100 | ALLY | ALLY FINL INC | $17.3M | 0.74% | 441,000 | Common | SOLE |
| 91823B109 | UWMC | UWM HOLDINGS CORPORATION | $17.1M | 0.73% | 2,800,000 | Common | SOLE |
| 00123Q104 | AGNC | AGNC INVT CORP | $13.0M | 0.55% | 1,325,000 | Common | SOLE |
| 035710839 | NLY | ANNALY CAPITAL MANAGEMENT IN | $12.1M | 0.52% | 600,000 | Common | SOLE |
| 929042109 | VNO | VORNADO RLTY TR | $11.9M | 0.51% | 293,879 | Common | SOLE |
| 05356F105 | AVAH | AVEANNA HEALTHCARE HLDGS INC | $11.4M | 0.49% | 1,286,000 | Common | SOLE |
| 02156K103 | OPTU | ALTICE USA INC | $9.7M | 0.42% | 4,038,574 | Common | SOLE |
| 919794107 | VLY | VALLEY NATL BANCORP | $7.4M | 0.32% | 700,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.