We are live on ! Find out more
KCM

Knighthead Capital Management Portfolio holdings

AUM $1.52B
1-Year Est. Return 19.8%
This Fund
S&P 500
This Quarter Est. Return
-44.39%
1 Year Est. Return
+19.8%
3 Year Est. Return
-51.34%
5 Year Est. Return
-74.51%
10 Year Est. Return
-80.74%
AUM
$713M
AUM Growth
-$6.37M
Cap. Flow
+$211M
Cap. Flow %
29.66%
Top 10 Hldgs %
100%
Holding
11
New
–
Increased
3
Reduced
1
Closed
3

Top Buys

Rank Stock Value
1
PCG icon
PG&E
PCG
+$11M
2
AMR icon
Alpha Metallurgical Resources
AMR
+$3.79M

Top Sells

Rank Stock Value
1
AVYA
Avaya Holdings Corp. Common Stock
AVYA
+$15.9M
2
SMTA
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
+$10.7M
3
HUM icon
Humana
HUM
+$2.65M

Sector Composition

Rank Sector Weight
1 Utilities 20.18%
2 Communication Services 4.03%
3 Materials 3.93%
4 Healthcare 0%
5 Real Estate 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$784B
$475M 66.63%
1,600,000
+1,000,000
+167% +$295M
PCG icon
2
PG&E
PCG
$39.2B
$144M 20.18%
14,383,521
+729,000
+5% +$11M
MERC icon
3
Mercer International
MERC
$39.5M
$24.4M 3.43%
1,948,179
– –
OIBR.C
4
DELISTED
OI S.A. American Depositary Shares, each representing five shares of common stock
OIBR.C
$21.9M 3.07%
19,900,953
– –
PCG icon
5
CALL
PG&E
PCG
$39.2B
$17M 2.38%
1,698,200
-1,749,800
-51% -$26.5M
DISH
6
DELISTED
DISH Network Corp.
DISH
$6.81M 0.96%
200,000
– –
AMR icon
7
Alpha Metallurgical Resources
AMR
$1.82B
$3.57M 0.5%
127,812
+109,138
+584% +$3.79M
HUM icon
8
Humana
HUM
$44B
– –
-10,000
Closed -$2.65M
AVYA
9
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
– –
-1,332,069
Closed -$15.9M
SMTA
10
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
– –
-1,286,908
Closed -$10.7M

Similar funds

MCIL
MFF Capital Investments Ltd Sydney $1.52B AUM
ACL
Azora Capital LP Miami, Florida $1.52B AUM 39.16% 1-Year Est. Return
GAI
General American Investors New York $1.52B AUM 37.94% 1-Year Est. Return
ARAM
Ardmore Road Asset Management New York $1.52B AUM 56.21% 1-Year Est. Return
AM
Ares Management Los Angeles, California $1.52B AUM 12.97% 1-Year Est. Return
PP
PDS Planning Dublin, Ohio $1.52B AUM 18.08% 1-Year Est. Return
PAG
Private Advisory Group Redmond, Washington $1.52B AUM 41.01% 1-Year Est. Return
FCM
Fairholme Capital Management South Miami, Florida $1.51B AUM 28.27% 1-Year Est. Return

Knighthead Capital Management's Q3 2019 Portfolio in Review

As of Q3 2019, Knighthead Capital Management held 11 positions worth $713M, down 0.89% from $719M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Knighthead Capital Management deployed $211M of net new capital in Q3 2019, adding to 3 existing holdings.

By sector, the portfolio is most concentrated in Utilities at 20% of assets, down from 44% a quarter earlier, followed by Communication Services and Materials.

On the sell side, the most notable exit was Avaya Holdings Corp. Common Stock, an estimated $15.9M sold.

  • Knighthead Capital Management added most to PG&E in Q3 2019, an estimated $11M increase.
  • Knighthead Capital Management fully exited Avaya Holdings Corp. Common Stock in Q3 2019, selling an estimated $15.9M.
  • Knighthead Capital Management's ten largest holdings make up 100% of its $713M portfolio in Q3 2019.
  • Knighthead Capital Management opened 0 new positions and closed 3 in Q3 2019.
  • Knighthead Capital Management's portfolio value fell 0.89% quarter-over-quarter to $713M.

Based on Knighthead Capital Management's 13F filing for Q3 2019, filed 14 Nov 2019.