Arkolith/Funds/Lonestar Capital Management LLC

Lonestar Capital Management LLC

CIK 1317410Hedge fund
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Lonestar Capital Management LLC holds a focused book of 26 stocks worth $186.0M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Lyondellbasell Indu-CL A and trimmed Energy Transfer LP. Their largest long position is Energy Transfer LP at 9% of the equity book. They also disclosed $467.2M in put options (a bearish bet) and $17.6M in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show LONESTAR CAPITAL MANAGEMENT LLC's latest
holdings, largest changes, and filing provenance.
Opened
5
new positions
Added to
6
existing
Trimmed
11
reduced
Sold out
7
exited

Concentration

Top-heavy: focused book

Top 5 holdings
35%
Top 10 holdings
58%
Top 20 holdings
92%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

92% mapped to company sectors

Utilities
27%
Consumer Discretionary
19%
Materials
15%
Energy
14%
ETF / fund or unclassified
8%
Real Estate
6%
Health Care
5%
Industrials
5%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

26 positions
#SecurityValueShares% PortLast moveHistory
1Energy Transfer L P
COM UT LTD PTN
$17.4M900.0K
9.3%
−3.1%
Reduced · −29K sh
2Garrett Motion Inc
COM
$14.5M800.0K
7.8%
−11%
Reduced · −100K sh
3Celanese Corp Del
COM
$13.2M200.0K
7.1%
−15%
Reduced · −35K sh
4Diversified Healthcare TR
COM SH BEN INT
$10.6M1.60M
5.7%
−47%
Reduced · −1.4M sh
5Talen Energy Corp
COM
$9.6M30.0K
5.1%
+88%
Added · +14K sh
6Expand Energy Corporation
COM
$9.3M85.0K
5.0%
+13%
Added · +10K sh
7Brookdale SR Living Inc
COM
$9.0M660.0K
4.9%
Held
8Dauch Corp
COM
$8.9M1.50M
4.8%
−30%
Reduced · −657K sh
9NRG Energy Inc
COM NEW
$8.8M60.0K
4.7%
+62%
Added · +23K sh
10Vistra Corp
COM
$7.5M50.0K
4.0%
+108%
Added · +26K sh
11Dow Hldgs Inc
COM
$7.5M180.0K
4.0%
+20%
Added · +30K sh
12Vaneck ETF Trust
GOLD MINERS ETF
$7.3M80.0K
3.9%
Held
13Vaneck ETF Trust
JUNIOR GOLD MINE
$7.2M60.0K
3.9%
Held
14PG&E Corp
COM
$6.7M380.0K
3.6%
−31%
Reduced · −170K sh
15Lincoln Edl Svcs Corp
COM
$6.1M150.0K
3.3%
−25%
Reduced · −50K sh
16Transocean Ltd
REGISTERED SHS
$6.0M900.0K
3.2%
−50%
Reduced · −900K sh
17Global Ship Lease Inc
COM CL A
$6.0M160.0K
3.2%
Held
18Eqt Corp
COM
$5.7M90.0K
3.1%
+50%
Added · +30K sh
19Lyondellbasell Industries NV
SHS - A -
$4.8M60.0K
2.6%
New
New position
20Seadrill Ltd
COM
$4.5M100.0K
2.4%
−50%
Reduced · −100K sh
21Target Hospitality Corp
COM
$3.5M375.0K
1.9%
−25%
Reduced · −125K sh
22Universal Technical Inst Inc
COM
$3.1M85.0K
1.6%
New
New position
23Pool Corp
COM
$3.0M15.0K
1.6%
New
New position
24Lumen Technologies Inc
COM
$3.0M425.0K
1.6%
−19%
Reduced · −100K sh
25Braskem Sa
SP ADR PFD A
$1.8M500.0K
1.0%
New
New position
26Super Micro Computer Inc
COM NEW
$1.0M45.0K
0.6%
New
New position
Showing all 26 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$467.2M
Call notional (bullish)$17.6M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$115.4M2K
PUT · bearishISHR IBX USD HIYLD CB ETF-UIHYG$111.4M14K
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$104.1M2K
PUT · bearishISHARES 20+ YEAR TREASURY BDTLT$86.7M10K
PUT · bearishISHARES RUSSELL 2000 ETFIWM$49.6M2K
CALL · bullishP G & E CORPPCG$17.6M10K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202632$670.8M13F-HR
Q4 2025Dec 31, 2025Feb 17, 202631$624.2M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202527$684.9M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202518$269.6M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.