Institutional
Knighthead Capital Management, LLC
CIK 0001512397
$1.52B
Reported AUM
5
Positions
Q1 2026
Period
2026-05-15
Filed
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.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HTZ | HERTZ GLOBAL HLDGS INC | $5.09 | -0.20% | -16.01% | -72.85% | $836.5M | 55.04% | — | HELD |
| 2 | IWM | ISHARES TR | $281.65 | -3.55% | 34.35% | 35.27% | $372.0M | 24.48% | — | HELD |
| 3 | HYG | ISHARES TR | $79.43 | -0.50% | 6.72% | 19.17% | $159.1M | 10.47% | — | HELD |
| 4 | 2CH | WHEELS UP EXPERIENCE INC | — | — | — | — | $133.3M | 8.77% | — | HELD |
| 5 | TDS | TELEPHONE & DATA SYS INC | $39.16 | -1.26% | 12.29% | 104.13% | $18.8M | 1.23% | — | HELD |
Source: SEC EDGAR · accession 0001012975-26-000450. 13F discloses long positions only — shorts, foreign equities, and options are excluded.