The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 03-31-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: LONESTAR CAPITAL MANAGEMENT LLC
Address: 3000 SAND HILL ROAD,
BUILDING 4, SUITE 110
MENLO PARK , CA94025
Form 13F File Number: 028-11133

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Yedi Wong
Title: CFO
Phone: 4153627677
Signature, Place, and Date of Signing:
Yedi Wong Menlo Park , CA 05-16-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 30
Form 13F Information Table Value Total: 784,297
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALGOMA STL GROUP INC COM 015658107 7,875 700,000 SH SOLE 700,000 0 0
ARCH RESOURCES INC CL A 03940R107 6,182 45,000 SH SOLE 45,000 0 0
ATLAS AIR WORLDWIDE HLDGS IN COM NEW 049164205 8,637 100,000 SH SOLE 100,000 0 0
BGC PARTNERS INC CL A 05541T101 8,360 1,900,000 SH SOLE 1,850,000 0 0
COHERUS BIOSCIENCES INC NOTE 1.500% 4/1 19249HAB9 7,938 8,000,000 PRN SOLE 8,000,000 0 0
COTY INC COM CL A 222070203 4,495 500,000 SH SOLE 500,000 0 0
EQT CORP COM 26884L109 17,205 500,000 SH SOLE 500,000 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 22,380 2,000,000 SH SOLE 2,000,000 0 0
ENERGY TRANSFER L P CALL 29273V900 39,794 35,562 SH Call SOLE 35,562 0 0
GARRETT MOTION INC PFD CONV SER A 366505204 24,853 3,005,225 SH SOLE 3,005,225 0 0
HARLEY DAVIDSON INC COM 412822108 11,032 280,000 SH SOLE 280,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 17,720 800,000 SH SOLE 800,000 0 0
KOSMOS ENERGY LTD COM 500688106 19,773 2,750,000 SH SOLE 2,750,000 0 0
MURPHY OIL CORP COM 626717102 11,309 280,000 SH SOLE 280,000 0 0
NEW FORTRESS ENERGY INC COM CL A 644393100 17,044 400,000 SH SOLE 400,000 0 0
SOUTHWESTERN ENERGY CO COM 845467109 5,378 750,000 SH SOLE 750,000 0 0
STANDARD LITHIUM LTD COM 853606101 5,280 600,000 SH SOLE 600,000 0 0
TALOS ENERGY INC COM 87484T108 3,158 200,000 SH SOLE 200,000 0 0
UNITED STATES STL CORP NEW COM 912909108 11,322 300,000 SH SOLE 300,000 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 6,305 250,000 SH SOLE 250,000 0 0
WILLSCOT MOBIL MINI HLDNG CO COM CL A 971378104 11,348 290,000 SH SOLE 290,000 0 0
GOLAR LNG LTD SHS G9456A100 19,824 800,000 SH SOLE 800,000 0 0
TRANSOCEAN LTD REG SHS H8817H100 8,912 1,950,000 SH SOLE 1,950,000 0 0
STELLANTIS N.V SHS N82405106 6,508 400,000 SH SOLE 400,000 0 0
GLOBAL SHIP LEASE INC NEW COM CL A Y27183600 11,396 400,000 SH SOLE 400,000 0 0
ZIM INTEGRATED SHIPPING SERV SHS M9T951109 7,998 110,000 SH SOLE 110,000 0 0
DANAOS CORPORATION SHS Y1968P121 4,665 45,475 SH SOLE 45,475 0 0
SPDR S&P 500 ETF TR PUT 78462F953 225,820 5,000 SH Put SOLE 5,000 0 0
ARK ETF TR PUT 00214Q954 26,516 4,000 SH Put SOLE 4,000 0 0
ISHARES TR PUT 464287955 205,270 10,000 SH Put SOLE 10,000 0 0