Kite Lake Capital Management (UK) LLP
Kite Lake Capital Management (UK) LLP reported 5 US-listed holdings worth $259.8 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Caesars Entertainment, Inc. (64.0%), Abivax SA (15.4%) and Altice USA Inc. (7.9%). Against the quarter before, it opened 0 positions, added to 4, trimmed 1 and sold out of 0.
The fund asked the SEC to keep some positions private for now; they are not in this filing and appear in an amendment once released.
The 5 largest of its 5 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +513.1% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Added to 4
- Caesars Entertainment, Inc. CZR+5.0 million shares · +940%
- Abivax SA ABVX+200,600 shares · +201%
- Altice USA Inc. OPTU+11.6 million shares · +466%
- EchoStar Corp. ECHO+31,000 shares · +18%
Trimmed 1
- Silicon Motion Technology Corporation SIMO-414,869 shares · -92%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Caesars Entertainment, Inc. CZR | 5.5M | $166.3 million | 64.01% | +5.0M |
| Abivax SA ABVX | 300.6K | $40.1 million | 15.42% | +200.6K |
| Altice USA Inc. OPTU | 14.1M | $20.4 million | 7.87% | +11.6M |
| EchoStar Corp. ECHO | 201.2K | $20.4 million | 7.86% | +31.0K |
| Silicon Motion Technology Corporation SIMO | 37.7K | $12.6 million | 4.84% | -414.9K |
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Change is shares against its 13F for the quarter before.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| EchoStar Corp. ECHO | Puts | 39.0K | $4.0 million |
| Abivax SA ABVX | Calls | 29.7K | $4.0 million |
2 option lines. A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.