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Knighthead Capital Management, LLC

Q3 2025 · Filed 2025-11-14
Market Value
$1.3B
-4.7%
Holdings
4
+1
New Purchases
1
Added To
0
Closed
1
Reduced
0
Top 10 Concentration
100.0%
Turnover
50.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
HTZ 98.70% 94.45% +4.25% $1.2B
TDS 0.54% 0.00% +0.54% $7M
SATS 0.76% 0.26% +0.50% $10M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GB 0.00% 5.29% -5.29% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $10M 0.8%
Mid Cap 1 $7M 0.5%
Small Cap 2 $1.2B 98.7%

Portfolio Analytics

Avg Market Cap
$10.8B
Median Market Cap
$2.9B
Avg P/E
31.5
Median P/E
31.5
Avg Dividend Yield
0.07%
Avg Beta
0.99
# Stocks
4
# ETFs / Funds
0

Top Holdings (4 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 HTZ 98.70% 181,455,469 $1.2B $6.80 -$5M
2 SATS 0.76% 125,000 $10M $76.36 $6M
3 TDS 0.54% 171,939 $7M $39.24 +171,939 NEW
4 GB —% -$69M -9,286,969 -100.0% SOLD

Options Breakdown

1 Calls $0 Call Value 3 Puts $833M Put Value

Top Calls

SymbolSharesValueStatus
TLT $0 SOLD

Top Puts

SymbolSharesValueStatus
IWM 2,000,000 $484M
EFA 2,000,000 $187M NEW
HYG 2,000,000 $162M

New Positions

SymbolValue% Port
TDS $7M 0.54%

Sold Out Positions

SymbolValue% Port
GB —%
View SEC EDGAR Filings for Knighthead Capital Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms