Q4 2025 · 13F-HR
LONESTAR CAPITAL MANAGEMENT LLCholdings as filed
Filed 2026-02-17 · accession 0000935836-26-000100
$624.2M
Reported value
31
Positions
2025-12-31
Period end
The Brief · LONESTAR CAPITAL MANAGEMENT LLC · Q4 2025
AI · grounded in 13F
LONESTAR CAPITAL MANAGEMENT LLC closed its position in IWN, reducing exposure by $77.4M. The fund established new positions in CE for $9.9M, DRVN for $8.3M, and RIG for $7.4M. Additionally, the fund trimmed its holdings in QQQ by 28.57% and SPY by 16.67%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $170.5M | 27.3% | 2,500 | PUT | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $153.6M | 24.6% | 2,500 | PUT | SOLE |
| 464287432 | TLT | ISHARES TR | $113.3M | 18.2% | 13,000 | PUT | SOLE |
| 366505105 | GTX | GARRETT MOTION INC | $15.7M | 2.51% | 900,000 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $15.3M | 2.45% | 929,000 | Common | SOLE |
| 25525P107 | DHC | DIVERSIFIED HEALTHCARE TR | $14.6M | 2.33% | 3,000,000 | Common | SOLE |
| 024061103 | DCH | AMERICAN AXLE & MFG HLDGS IN | $13.8M | 2.21% | 2,156,574 | Common | SOLE |
| 150870103 | CE | CELANESE CORP DEL | $9.9M | 1.59% | 235,000 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP | $8.8M | 1.42% | 550,000 | Common | SOLE |
| 26210V102 | DRVN | DRIVEN BRANDS HLDGS INC | $8.3M | 1.33% | 560,000 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $8.3M | 1.33% | 75,000 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $7.4M | 1.19% | 1,800,000 | Common | SOLE |
| 112463104 | BKD | BROOKDALE SR LIVING INC | $7.1M | 1.14% | 660,000 | Common | SOLE |
| G7997W102 | SDRL | SEADRILL LTD | $6.9M | 1.11% | 200,000 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $6.9M | 1.10% | 80,000 | Common | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $6.8M | 1.09% | 60,000 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $6.0M | 0.96% | 16,000 | Common | SOLE |
| 629377508 | NRG | NRG ENERGY INC | $5.9M | 0.94% | 37,000 | Common | SOLE |
| Y27183600 | GSL | GLOBAL SHIP LEASE INC NEW | $5.6M | 0.90% | 160,000 | Common | SOLE |
| 533535100 | LINC | LINCOLN EDL SVCS CORP | $4.8M | 0.77% | 200,000 | Common | SOLE |
| 00090Q103 | ADT | ADT INC DEL | $4.2M | 0.67% | 520,000 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC CMN | $4.1M | 0.65% | 525,000 | Common | SOLE |
| 87615L107 | TH | TARGET HOSPITALITY CORP | $4.0M | 0.64% | 500,000 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $3.9M | 0.62% | 24,000 | Common | SOLE |
| 260557103 | DOW | DOW INC | $3.5M | 0.56% | 150,000 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $3.2M | 0.52% | 60,000 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $2.9M | 0.46% | 270,000 | Common | SOLE |
| 444097406 | HPP | HUDSON PAC PPTYS INC | $2.7M | 0.43% | 250,000 | Common | SOLE |
| G9675P102 | WLAC | WILLOW LANE ACQUISITION CORP | $2.5M | 0.39% | 194,185 | Common | SOLE |
| 222070203 | COTY | COTY INC | $2.3M | 0.37% | 750,000 | Common | SOLE |
| 86272C103 | STRA | STRATEGIC ED INC | $1.4M | 0.23% | 17,900 | 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.