Q1 2026 · 13F-HR
Knighthead Capital Management, LLCholdings as filed
Filed 2026-05-15 · accession 0001012975-26-000450
$1.52B
Reported value
5
Positions
2026-03-31
Period end
The Brief · Knighthead Capital Management, LLC · Q1 2026
AI · grounded in 13F
Knighthead Capital Management, LLC established a new position in HTZ valued at $836.5M. The fund also added new holdings in IWM for $372M and HYG for $159.1M. Additional new positions include 2CH at $133.3M and TDS at $18.8M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 42806J700 | HTZ | HERTZ GLOBAL HLDGS INC | $836.5M | 55.0% | 181,455,469 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $372.0M | 24.5% | 1,500,000 | PUT | SOLE |
| 464288513 | HYG | ISHARES TR | $159.1M | 10.5% | 2,000,000 | PUT | SOLE |
| 96328L205 | 2CH | WHEELS UP EXPERIENCE INC | $133.3M | 8.77% | 258,169,208 | Common | SOLE |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $18.8M | 1.23% | 445,695 | 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.