Kite Lake Capital Management (UK) LLP

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Kite Lake Capital Management (UK) LLP reported 21 stock positions worth $616.0 million. Its top holding was R1 RCM (RCM) at 12.2% of the portfolio, followed by Endeavor Group Hold Class A (EDR, 9.4%) and Amedisys (AMED, 8.4%). Compared with Q2 2024, it opened 16 new positions, added to 2 and reduced 1. The biggest buy was a new position in R1 RCM (RCM) and the biggest sale Albertsons Cos Class A (ACI, shares −50%).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001687444
Portfolio Value
$616.0M (Q3 2024)
SEC Filing
0000919574-24-006488 ↗ filed Nov 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $17.0M Q1 2024 Q2 2024: $55.7M Q2 2024 Q3 2024: $616.0M $616.0M Q3 2024 Q4 2024: $48.9M Q4 2024 Q1 2025: $54.5M Q1 2025 Q2 2025: $59.2M Q2 2025 Q3 2025: $83.8M Q3 2025 Q4 2025: $51.1M Q4 2025 Q1 2026: $99.1M Q1 2026 Q2 2026: $259.8M Q2 2026

Holdings 21 stocks · $616.0M
RCM R1 RCM Inc. 12.19% 5,300,000 $75.1M New
EDR Endeavor Group Hold Class A 9.40% 2,026,376 $57.9M New
AMED Amedisys Inc. 8.45% 539,105 $52.0M New
AXONICS INC 8.20% 726,002 $50.5M New
SRCL Stericycle Inc. 8.02% 810,000 $49.4M New
X United States Steel Corp. 7.89% 1,375,000 $48.6M New
HCP Hashicorp Inc. Class A 7.54% 1,371,672 $46.4M New
JNPR Juniper Networks Inc. 6.16% 974,167 $38.0M New
SQSP Squarespace Inc. Class A 6.01% 798,000 $37.1M New
SMAR Smartsheet Inc. Class A 5.93% 660,000 $36.5M New
SIMO Silicon Motion Technol-ADR 5.09% 516,420 $31.4M Add +8.4%
EVRI Everi Holdings Inc. 4.48% 2,100,000 $27.6M New
INFN Infinera Corp. 2.83% 2,585,935 $17.5M New
VSTO Vista Outdoor Inc. 1.91% 300,000 $11.8M Add +63.8%
VZIO Vizio Holding Corp. Class A 1.88% 1,037,000 $11.6M New
ECHO Echostar Corp. Class A 1.61% 400,000 $9.9M New
IAUX I-80 Gold Corp. 0.79% 4,183,500 $4.9M No change
MGRC McGrath Rentcorp 0.68% 40,000 $4.2M New
ACI Albertsons Cos Inc. Class A 0.33% 109,831 $2.0M Reduce -49.9%
EWW iShares MSCI Mexico ETF 0.31% 35,000 $1.9M New
OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 0.29% 730,000 $1.8M No change

Options reported separately and not counted above: SNPS calls ($20.3M), ACI calls ($10.2M), WELL puts ($8.3M).

Portfolio Sells Q2 2024 → Q3 2024
ACI Albertsons Cos Inc. Class A Reduce -49.9% 0.33% −7.45

Portfolio Buys Q2 2024 → Q3 2024
RCM R1 RCM Inc. New 12.19% +12.19
EDR Endeavor Group Hold Class A New 9.40% +9.40
AMED Amedisys Inc. New 8.45% +8.45
AXONICS INC New 8.20% +8.20
SRCL Stericycle Inc. New 8.02% +8.02
X United States Steel Corp. New 7.89% +7.89
HCP Hashicorp Inc. Class A New 7.54% +7.54
JNPR Juniper Networks Inc. New 6.16% +6.16
SQSP Squarespace Inc. Class A New 6.01% +6.01
SMAR Smartsheet Inc. Class A New 5.93% +5.93
EVRI Everi Holdings Inc. New 4.48% +4.48
INFN Infinera Corp. New 2.83% +2.83
VZIO Vizio Holding Corp. Class A New 1.88% +1.88
ECHO Echostar Corp. Class A New 1.61% +1.61
MGRC McGrath Rentcorp New 0.68% +0.68
EWW iShares MSCI Mexico ETF New 0.31% +0.31
VSTO Vista Outdoor Inc. Add +63.8% 1.91% −10.47
SIMO Silicon Motion Technol-ADR Add +8.4% 5.09% −64.18

Options Activity Q2 2024 → Q3 2024
IP International Paper Co. call Sold out 670,000 $28.9Mbefore exit
SNPS Synopsys Inc. call New 40,000 $20.3M
ACI Albertsons Cos Inc. Class A call New 550,000 $10.2M
WELL Welltower Inc. put New 65,000 $8.3M
BA The Boeing Co. put Sold out 23,000 $4.2Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5$259.8MCZR, ABVX, OPTU, ECHO, SIMO
Q1 2026 5$99.1MSIMO, ECHO, CZR, ABVX, OPTU
Q4 2025 3$51.1MSIMO, ECHO, OPTU
Q3 2025 2$83.8MECHO, SIMO
Q2 2025 6$59.2MSIMO, ECHO, ARGT, FXI, EIDO
Q1 2025 6$54.5MSIMO, ECHO, TUR, ARGT, ACI
Q4 2024 4$48.9MSIMO, ECHO, ACI, OPTU
Q3 2024Amended 21$616.0MRCM, EDR, AMED, AXONICS INC, SRCL
Q2 2024Amended 5$55.7MSIMO, VSTO, IAUX, ACI, OPTU
Q1 2024 3$17.0MUBS, IAUX, OPTU