Institutional
KING STREET CAPITAL MANAGEMENT, L.P.
CIK 0001218199
$328.0M
Reported AUM
11
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · KING STREET CAPITAL MANAGEMENT, L.P. · Q1 2026
AI · grounded in 13F
KING STREET CAPITAL MANAGEMENT, L.P. exited its position in BOEING CO [[stock:BA 6 10/15/27]] for a reduction of $118.4M. The fund also closed positions in PG&E CORP [[stock:PCG 4.25 12/01/27]] for $113.5M and LPL FINL HLDGS INC LPLA for $37.1M. On the buy side, the fund established new positions in BLACKSTONE SECD LENDING FD BXSL for $29.6M and SELECT SECTOR SPDR TR XLI for $18.9M. Additionally, it increased its stake in UWM HOLDINGS CORPORATION UWMC by 69.8%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SGRY | SURGERY PARTNERS INC | $16.41 | 5.33% | -23.14% | -66.76% | $121.9M | 37.17% | — | HELD |
| 2 | BA | BOEING CO | $214.01 | -3.41% | -4.86% | -3.82% | $51.4M | 15.68% | — | HELD |
| 3 | BXSL | BLACKSTONE SECD LENDING FD | $23.03 | -1.24% | -16.54% | 23.12% | $29.6M | 9.03% | — | HELD |
| 4 | UWMC | UWM HOLDINGS CORPORATION | $1.98 | 6.45% | -50.30% | -61.82% | $28.2M | 8.61% | — | HELD |
| 5 | UNIT | UNITI GROUP LLC | $10.37 | -0.38% | 27.14% | -35.75% | $23.4M | 7.14% | — | HELD |
| 6 | XLI | SELECT SECTOR SPDR TR | $176.66 | -3.19% | 23.44% | 88.31% | $18.9M | 5.75% | — | HELD |
| 7 | TLN | TALEN ENERGY CORP | $316.19 | -3.02% | -13.75% | 501.01% | $15.0M | 4.57% | — | HELD |
| 8 | VG | VENTURE GLOBAL INC | $13.05 | 7.23% | -11.47% | -12.21% | $14.0M | 4.28% | — | HELD |
| 9 | OPTU | OPTIMUM COMMUNICATIONS INC | $0.76 | 0.00% | -69.64% | -97.27% | $10.4M | 3.18% | — | HELD |
| 10 | VST | VISTRA CORP | $142.81 | -3.92% | -30.78% | 723.26% | $8.9M | 2.70% | — | HELD |
| 11 | AGNC | AGNC INVT CORP | $10.90 | -1.54% | 30.37% | 30.92% | $6.2M | 1.88% | — | HELD |
Source: SEC EDGAR · accession 0001172661-26-002091. 13F discloses long positions only — shorts, foreign equities, and options are excluded.