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
+58.35%
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
$2.05B
AUM Growth
+$356M
Cap. Flow
-$206M
Cap. Flow %
-10.01%
Top 10 Hldgs %
100%
Holding
9
New
1
Increased
1
Reduced
1
Closed
2

Top Buys

No buys this quarter

Top Sells

No sells this quarter

Sector Composition

Rank Sector Weight
1 Industrials 73.8%
2 Technology 3.38%
3 Communication Services 0.17%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HTZ icon
1
Hertz
HTZ
$524M
$1.24B 60.35%
181,455,469
– –
UP icon
2
Wheels Up
UP
$217M
$276M 13.45%
12,908,460
– –
IWM icon
3
PUT
iShares Russell 2000 ETF
IWM
$80.2B
$216M 10.51%
1,000,000
+500,000
+100% +$101M
HYG icon
4
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
$161M 7.85%
2,000,000
-1,000,000
-33% -$78.8M
TLT icon
5
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
$88.3M 4.3%
+1,000,000
New +$87.2M
GB
6
DELISTED
Global Blue Group Holding
GB
$69.4M 3.38%
9,286,969
– –
ECHO
7
EchoStar
ECHO
$25B
$3.46M 0.17%
125,000
– –
DAL icon
8
CALL
Delta Air Lines
DAL
$58.3B
– –
-800,000
Closed -$34.9M
SPY icon
9
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$784B
– –
-500,000
Closed -$280M

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 Q2 2025 Portfolio in Review

As of Q2 2025, Knighthead Capital Management held 9 positions worth $2.05B, up 21% from $1.7B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Knighthead Capital Management withdrew a net $206M in Q2 2025, closing 2 positions and reducing 1 holding.

By sector, the portfolio is most concentrated in Industrials at 74% of assets, up from 57% a quarter earlier, followed by Technology and Communication Services.

  • Knighthead Capital Management's ten largest holdings make up 100% of its $2.05B portfolio in Q2 2025.
  • Knighthead Capital Management opened 1 new position and closed 2 in Q2 2025.
  • Knighthead Capital Management's portfolio value rose 21% quarter-over-quarter to $2.05B.

Based on Knighthead Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.