KING STREET CAPITAL MANAGEMENT, L.P. — 13F Holdings & Portfolio
CIK 1218199 · latest 13F-HR filed 2026-08-14
KING STREET CAPITAL MANAGEMENT, L.P. manages $189.7M in 13F-reported U.S. long-equity assets across 6 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SGRY (53.66%), USHY (19.50%), HYG (10.00%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 7; 2 existing positions rose in reported value and 2 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Loading holdings…
AUM
$189.7M
Long-equity book
Holdings
6
Distinct positions
Period
2026-06-30
Filed 2026-08-14
Q/Q Activity
+2 / −7 / ↑2 / ↓2
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 31, 2026.
Assets Under Management
$34.57B
Discretionary
$34.57B
Employees
247
Accounts
73
Address
299 PARK AVENUE
40TH FLOOR
NEW YORK, NY 10171
40TH FLOOR
NEW YORK, NY 10171
Phone
(212) 812-3100
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| CHARNIN, DAVID, BENJAMIN Control | GENERAL COUNSEL AND MANAGING DIRECTOR since Oct 2023 | Less than 5% | Individual |
| HIGGINS, BRIAN, JOSEPH Control | MANAGING MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. since Jan 2009 | Less than 5% | Individual |
| KAUFMAN, BENNETT, JOSEPH Control | CHIEF FINANCIAL OFFICER AND MANAGING DIRECTOR since Apr 2022 | Less than 5% | Individual |
| KING STREET CAPITAL MANAGEMENT GP, L.L.C. Control | GENERAL PARTNER since Jan 2009 | Less than 5% | Domestic Entity |
| KING STREET MEMBERSHIP HOLDINGS IV, L.L.C. Control | LIMITED PARTNER since Oct 2022 | 75% or more | Domestic Entity |
| MARANO, RICARDO, NMN Control | CHIEF COMPLIANCE OFFICER; MANAGING DIRECTOR & COUNSEL since Jan 2012 | Less than 5% | Individual |
| MASTRONARDI, KRISTERFOR, TOMIE Control | CHIEF OPERATING OFFICER AND MANAGING DIRECTOR since May 2024 | Less than 5% | Individual |
| HIGGINS, BRIAN, JOSEPH Control Indirect owner via KING STREET MEMBERSHIP HOLDINGS II, L.L.C. | MANAGING MEMBER since Jan 2009 | 75% or more | Individual |
| HIGGINS, BRIAN, JOSEPH Control Indirect owner via KING STREET CAPITAL MANAGEMENT GP, L.L.C. | MANAGING MEMBER since Jan 2009 | General partner, trustee or manager | Individual |
| HIGGINS, BRIAN, JOSEPH Control Indirect owner via KING STREET GP MH I, L.L.C. | MANAGING MEMBER since Oct 2022 | 75% or more | Individual |
| HIGGINS, BRIAN, JOSEPH Control Indirect owner via KING STREET GP MH II, L.L.C. | MANAGING MEMBER since Oct 2022 | 75% or more | Individual |
| HIGGINS, BRIAN, JOSEPH Control Indirect owner via KING STREET MEMBERSHIP HOLDINGS III, L.L.C. | MANAGING MEMBER since Oct 2022 | 75% or more | Individual |
| KING STREET GP MH I, L.L.C. Control Indirect owner via KING STREET CAPITAL MANAGEMENT GP, L.L.C. | MEMBER since Oct 2022 | 25–50% | Domestic Entity |
| KING STREET GP MH II, L.L.C. Control Indirect owner via KING STREET CAPITAL MANAGEMENT GP, L.L.C. | MEMBER since Oct 2022 | 25–50% | Domestic Entity |
| KING STREET MEMBERSHIP HOLDINGS II, L.L.C. Control Indirect owner via KING STREET MEMBERSHIP HOLDINGS IV, L.L.C. | MEMBER since Oct 2022 | 25–50% | Domestic Entity |
| KING STREET MEMBERSHIP HOLDINGS III, L.L.C. Control Indirect owner via KING STREET MEMBERSHIP HOLDINGS IV, L.L.C. | MEMBER since Oct 2022 | 25–50% | Domestic Entity |
Ownership & leadership changes · 15 filings with changes since Feb 14, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
May 9, 2024 filing
- No longer listedDARRINGER, BRUCE, SCOTT · CHIEF OPERATING OFFICER AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person · listed since Jan 2009
- AddedMASTRONARDI, KRISTERFOR, TOMIE · CHIEF OPERATING OFFICER AND MANAGING DIRECTOR · Less than 5% · control person
Nov 27, 2023 filing
- ChangedCHARNIN, DAVID, BENJAMIN · title GENERAL COUNSEL → GENERAL COUNSEL AND MANAGING DIRECTOR
Oct 2, 2023 filing
- AddedCHARNIN, DAVID, BENJAMIN · GENERAL COUNSEL · Less than 5% · control person
Sep 14, 2023 filing
- No longer listedSTUZIN, RANDOLPH, ARTHUR · GENERAL COUNSEL AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person · listed since Jan 2020
Oct 13, 2022 filing
- No longer listedBIONDI, OTTAVIO, FRANCIS · MEMBER (RETIRED) · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C. · control person · listed since Jul 2020
- No longer listedBIONDI, OTTAVIO, FRANCIS · MANAGING MEMBER · 75% or more · indirect via KING STREET MEMBERSHIP HOLDINGS I, L.L.C. · control person · listed since Jan 2009
- No longer listedKING STREET MEMBERSHIP HOLDINGS I, L.L.C. · LIMITED PARTNER · 25–50% · control person · listed since Jan 2009
- No longer listedKING STREET MEMBERSHIP HOLDINGS II, L.L.C. · LIMITED PARTNER · 50–75% · control person · listed since Jan 2009
- AddedHIGGINS, BRIAN, JOSEPH · MANAGING MEMBER · 75% or more · indirect via KING STREET GP MH I, L.L.C. · control person
- AddedHIGGINS, BRIAN, JOSEPH · MANAGING MEMBER · 75% or more · indirect via KING STREET GP MH II, L.L.C. · control person
- AddedHIGGINS, BRIAN, JOSEPH · MANAGING MEMBER · 75% or more · indirect via KING STREET MEMBERSHIP HOLDINGS III, L.L.C. · control person
- AddedKING STREET GP MH I, L.L.C. · MEMBER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C. · control person
- AddedKING STREET GP MH II, L.L.C. · MEMBER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C. · control person
- AddedKING STREET MEMBERSHIP HOLDINGS II, L.L.C. · MEMBER · 25–50% · indirect via KING STREET MEMBERSHIP HOLDINGS IV, L.L.C. · control person
- AddedKING STREET MEMBERSHIP HOLDINGS III, L.L.C. · MEMBER · 25–50% · indirect via KING STREET MEMBERSHIP HOLDINGS IV, L.L.C. · control person
- AddedKING STREET MEMBERSHIP HOLDINGS IV, L.L.C. · LIMITED PARTNER · 75% or more · control person
- ChangedHIGGINS, BRIAN, JOSEPH · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C.: ownership 50–75% → General partner, trustee or manager
Mar 31, 2022 filing
- No longer listedRYAN, JOHN, JAMES · CHIEF FINANCIAL OFFICER AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person · listed since Apr 2012
- AddedKAUFMAN, BENNETT, JOSEPH · CHIEF FINANCIAL OFFICER AND MANAGING DIRECTOR · Less than 5% · control person
- ChangedMARANO, RICARDO, NMN · title CHIEF COMPLIANCE OFFICER & COUNSEL → CHIEF COMPLIANCE OFFICER; MANAGING DIRECTOR & COUNSEL
Oct 1, 2021 filing
- ChangedHIGGINS, BRIAN, JOSEPH · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C.: ownership 25–50% → 50–75%
Apr 19, 2021 filing
- ChangedKING STREET MEMBERSHIP HOLDINGS II, L.L.C. · ownership 25–50% → 50–75%
Jul 7, 2020 filing
- No longer listedBIONDI, OTTAVIO, FRANCIS · MANAGING MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person · listed since Jan 2009
- ChangedBIONDI, OTTAVIO, FRANCIS · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C.: title MANAGING MEMBER → MEMBER (RETIRED)
Mar 30, 2020 filing
- ChangedSTUZIN, RANDOLPH, ARTHUR · title GENERAL COUNSEL → GENERAL COUNSEL AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C.
Older changes (6 more filings)
Mar 28, 2019 filing
- ChangedRYAN, JOHN, JAMES · title CHIEF FINANCIAL OFFICER → CHIEF FINANCIAL OFFICER AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C.
Mar 29, 2018 filing
- No longer listedBIONDI, OTTAVIO, FRANCIS · MEMBER · 25–50% · indirect via KING STREET ADVISORS, L.L.C. · control person · listed since Apr 1995
- No longer listedHIGGINS, BRIAN, JOSEPH · MEMBER · 25–50% · indirect via KING STREET ADVISORS, L.L.C. · control person · listed since Apr 1995
- No longer listedKING STREET ADVISORS, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via KING STREET CAPITAL, L.P. · control person · listed since Apr 1995
- No longer listedKING STREET CAPITAL MANAGEMENT GP, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via KING STREET CAPITAL MANAGEMENT, L.P. · control person · listed since Jan 2009
- No longer listedKING STREET CAPITAL MANAGEMENT, L.P. · SOLE SHAREHOLDER OF KING STREET (JAPAN) LIMITED / SOLE SHAREHOLDER OF KING STREET (SINGAPORE) PTE. LTD. · 75% or more · control person · listed since Apr 2006
- No longer listedKING STREET CAPITAL MANAGEMENT, L.P. · SOLE SHAREHOLDER · 75% or more · indirect via KING STREET EUROPEAN ADVISORS, LTD. · control person · listed since Apr 2005
- No longer listedKING STREET CAPITAL MANAGEMENT, L.P. · SHAREHOLDER · 75% or more · indirect via ROCKFORD TOWER HOLDINGS GP, LTD. · control person · listed since Jan 2017
- No longer listedKING STREET CAPITAL MASTER FUND, LTD. · LIMITED PARTNER · 25–50% · indirect via ROCKFORD TOWER HOLDINGS, L.P. · control person · listed since Feb 2017
- No longer listedKING STREET CAPITAL, L.P. · LIMITED PARTNER · 25–50% · indirect via ROCKFORD TOWER HOLDINGS, L.P. · control person · listed since Feb 2017
- No longer listedKING STREET CAPITAL, LTD. · SHAREHOLDER · 75% or more · indirect via KING STREET CAPITAL MASTER FUND, LTD. · control person · listed since Jan 2009
- No longer listedKING STREET EUROPEAN ADVISORS, LTD. · MANAGING MEMBER OF KING STREET (EUROPE) LLP · 75% or more · control person · listed since May 2005
- No longer listedKING STREET MEMBERSHIP HOLDINGS I, L.L.C. · LIMITED PARTNER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT, L.P. · control person · listed since Jan 2009
- No longer listedKING STREET MEMBERSHIP HOLDINGS II, L.L.C. · LIMITED PARTNER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT, L.P. · control person · listed since Jan 2009
- No longer listedNASH, DAVID, JAKOB · EXECUTIVE DIRECTOR OF KING STREET (SINGAPORE) PTE. LTD. · Less than 5% · control person · listed since Jan 2011
- No longer listedROCKFORD TOWER HOLDINGS GP, LTD. · GENERAL PARTNER · General partner, trustee or manager · indirect via ROCKFORD TOWER HOLDINGS, L.P. · control person · listed since Feb 2017
- No longer listedROCKFORD TOWER HOLDINGS, L.P. · MANAGING MEMBER OF ROCKFORD TOWER CAPITAL MANAGEMENT, L.L.C. · 75% or more · control person · listed since Feb 2017
Mar 30, 2017 filing
- AddedBIONDI, OTTAVIO, FRANCIS · MEMBER · 25–50% · indirect via KING STREET ADVISORS, L.L.C. · control person
- AddedHIGGINS, BRIAN, JOSEPH · MEMBER · 25–50% · indirect via KING STREET ADVISORS, L.L.C. · control person
- AddedKING STREET ADVISORS, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via KING STREET CAPITAL, L.P. · control person
- AddedKING STREET CAPITAL MANAGEMENT GP, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via KING STREET CAPITAL MANAGEMENT, L.P. · control person
- AddedKING STREET CAPITAL MANAGEMENT, L.P. · SHAREHOLDER · 75% or more · indirect via ROCKFORD TOWER HOLDINGS GP, LTD. · control person
- AddedKING STREET CAPITAL MASTER FUND, LTD. · LIMITED PARTNER · 25–50% · indirect via ROCKFORD TOWER HOLDINGS, L.P. · control person
- AddedKING STREET CAPITAL, L.P. · LIMITED PARTNER · 25–50% · indirect via ROCKFORD TOWER HOLDINGS, L.P. · control person
- AddedKING STREET CAPITAL, LTD. · SHAREHOLDER · 75% or more · indirect via KING STREET CAPITAL MASTER FUND, LTD. · control person
- AddedKING STREET MEMBERSHIP HOLDINGS I, L.L.C. · LIMITED PARTNER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT, L.P. · control person
- AddedKING STREET MEMBERSHIP HOLDINGS II, L.L.C. · LIMITED PARTNER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT, L.P. · control person
- AddedROCKFORD TOWER HOLDINGS GP, LTD. · GENERAL PARTNER · General partner, trustee or manager · indirect via ROCKFORD TOWER HOLDINGS, L.P. · control person
- AddedROCKFORD TOWER HOLDINGS, L.P. · MANAGING MEMBER OF ROCKFORD TOWER CAPITAL MANAGEMENT, L.L.C. · 75% or more · control person
Mar 5, 2014 filing
- No longer listedFELDMAN, JOSHUA, JAC · GENERAL COUNSEL · Less than 5% · control person · listed since Jan 2009
- AddedSTUZIN, RANDOLPH, ARTHUR · GENERAL COUNSEL · Less than 5% · control person
Mar 28, 2013 filing
- No longer listedEDMONDS, FRANKLIN, SPICER · SENIOR RESEARCH ANALYST AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person · listed since Jan 2009
Feb 14, 2012 filing (earliest on record)
- ListedBIONDI, OTTAVIO, FRANCIS · MANAGING MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person
- ListedBIONDI, OTTAVIO, FRANCIS · MANAGING MEMBER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C. · control person
- ListedBIONDI, OTTAVIO, FRANCIS · MANAGING MEMBER · 75% or more · indirect via KING STREET MEMBERSHIP HOLDINGS I, L.L.C. · control person
- ListedDARRINGER, BRUCE, SCOTT · CHIEF OPERATING OFFICER AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person
- ListedEDMONDS, FRANKLIN, SPICER · SENIOR RESEARCH ANALYST AND MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person
- ListedFELDMAN, JOSHUA, JAC · GENERAL COUNSEL · Less than 5% · control person
- ListedHIGGINS, BRIAN, JOSEPH · MANAGING MEMBER OF KING STREET CAPITAL MANAGEMENT GP, L.L.C. · Less than 5% · control person
- ListedHIGGINS, BRIAN, JOSEPH · MANAGING MEMBER · 75% or more · indirect via KING STREET MEMBERSHIP HOLDINGS II, L.L.C. · control person
- ListedHIGGINS, BRIAN, JOSEPH · MANAGING MEMBER · 25–50% · indirect via KING STREET CAPITAL MANAGEMENT GP, L.L.C. · control person
- ListedKING STREET CAPITAL MANAGEMENT GP, L.L.C. · GENERAL PARTNER · Less than 5% · control person
- ListedKING STREET CAPITAL MANAGEMENT, L.P. · SOLE SHAREHOLDER OF KING STREET (JAPAN) LIMITED / SOLE SHAREHOLDER OF KING STREET (SINGAPORE) PTE. LTD. · 75% or more · control person
- ListedKING STREET CAPITAL MANAGEMENT, L.P. · SOLE SHAREHOLDER · 75% or more · indirect via KING STREET EUROPEAN ADVISORS, LTD. · control person
- ListedKING STREET EUROPEAN ADVISORS, LTD. · MANAGING MEMBER OF KING STREET (EUROPE) LLP · 75% or more · control person
- ListedKING STREET MEMBERSHIP HOLDINGS I, L.L.C. · LIMITED PARTNER · 25–50% · control person
- ListedKING STREET MEMBERSHIP HOLDINGS II, L.L.C. · LIMITED PARTNER · 25–50% · control person
- ListedMARANO, RICARDO, NMN · CHIEF COMPLIANCE OFFICER & COUNSEL · Less than 5% · control person
- ListedNASH, DAVID, JAKOB · EXECUTIVE DIRECTOR OF KING STREET (SINGAPORE) PTE. LTD. · Less than 5% · control person
- ListedRYAN, JOHN, JAMES · CHIEF FINANCIAL OFFICER · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Exited Positions
- BOEING CO$51.4M
- BLACKSTONE SECD LENDING FD$29.6M
- UWM HOLDINGS CORPORATION$28.2M
- UNITI GROUP LLC$23.4M
- SELECT SECTOR SPDR TR$18.9M
KING STREET CAPITAL MANAGEMENT, L.P. Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SURGERY PARTNERS INC | SGRY | 86881A100 | $101.8M | 53.66% | 6,058,141 | SH |
| 2 | ISHARES TR | USHY | 46435U853 | $37.0M | 19.50% | 999,000 | SH |
| 3 | ISHARES TR | HYG | 464288513 | $19.0M | 10.00% | 237,100 | SH |
| 4 | TALEN ENERGY CORP | TLN | 87422Q109 | $18.1M | 9.52% | 47,000 | SH |
| 5 | VISTRA CORP | VST | 92840M102 | $9.4M | 4.93% | 59,000 | SH |
| 6 | OPTIMUM COMMUNICATIONS INC | OPTU | 02156K103 | $4.5M | 2.39% | 3,125,000 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $189.7M | 6 | 0001172661-26-003543 |
| 2026-03-31 | 2026-05-15 | $328.0M | 11 | 0001172661-26-002091 |
| 2025-12-31 | 2026-02-17 | $724.3M | 12 | 0001172661-26-000871 |
| 2025-09-30 | 2025-11-14 | $2.34B | 18 | 0001172661-25-004996 |
Filer Information
Address
299 PARK AVENUE40TH FLOOR
NEW YORK, NY 10171
Phone
(212) 812-3100
Filing Manager
KING STREET CAPITAL MANAGEMENT, L.P.
New York, NY
Signatory
Bennett Kaufman
Chief Financial Officer and Managing Director