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:
12-31-2022
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:
Knighthead Capital Management, LLC
Address:
280 PARK AVENUE, FLOOR 22E
NEW YORK, NY 10017
Form 13F File Number:

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:
Thomas Wagner
Title:
Managing Member
Phone:
212-356-2900


Signature, Place, and Date of Signing:

/s/ Thomas Wagner
                         [Signature]
New York, NEW YORK
                 [City, State]
02-14-2023
                           [Date]
                          

Report Type (Check only one.):

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:
7
Form 13F Information table Entry Total:
11
Form 13F Information table Value Total:
3809622044
          (thousands)

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 NumberNameCIK
1
Knighthead GP, LLC
0001512396
2
Wagner Thomas
0001512348
3
Cohen Ara
0001512398
4
Certares Opportunities LLC
0001871984
5
Certares Management LLC
0001807622
6
OHara Michael Gregory
0001295598
7
FARMER COLIN MICHAEL
0001446492


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 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ATI PHYSICAL THERAPY INCCOM CL A00216W1093,943,61312,929,880SHDFND1,2,312,929,880 0 0
BRAEMAR HOTELS & RESORTS INCNOTE 4.500% 6/010482BAB74,716,9055,000,000PRNDFND1,2,35,000,000 0 0
BRAEMAR HOTELS & RESORTS INCCOM10482B1016,160,6311,498,937SHDFND1,2,31,498,937 0 0
COINBASE GLOBAL INCNOTE 0.500% 6/019260QAB338,987,97969,025,000PRNDFND1,2,369,025,000 0 0
GLOBAL BLUE GROUP HOLDING AGORD SHSH3370010742,998,6669,286,969SHDFND1,2,3,4,5, 6, 79,286,969 0 0
HERTZ GLOBAL HLDGS INCCOM NEW42806J7002,792,599,668181,455,469SHDFND1,2,3,4,5, 6, 7181,455,469 0 0
ISHARES TRIBOXX HI YD ETF464288513184,075,0002,500,000SHPutDFND1,2,32,500,000 0 0
SABRE CORPCOM78573M10474,160,00012,000,000SHCallDFND1,2,312,000,000 0 0
SABRE CORPCOM78573M104864,582139,900SHDFND1,2,3139,900 0 0
SPDR S&P 500 ETF TRTR UNIT78462F103573,645,0001,500,000SHPutDFND1,2,31,500,000 0 0
SELECT SECTOR SPDR TR ENERGY81369Y50687,470,0001,000,000SHPutDFND1,2,31,000,000 0 0