Monarch Alternative Capital LP — 13F Holdings

2026 Q1  ·  9 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, Monarch Alternative Capital LP maintained a portfolio of 9 distinct positions. The most significant new addition was STATE STR SPDR S&P 500 ETF T, now representing 32.10% of the total fund value. They heavily accumulated shares in GLOBAL BUSINESS TRAVEL GROUP, increasing the position by 9.3%. The fund also reduced its exposure to ECHOSTAR CORP by 43.0%.
Position History hover any row below to update
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PCA Score Concentration Risk
Risk ENB
Total Positions
9
Quarter
2026 Q1
Top Holding
SPY (32.1%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-9 of 9

Monarch Alternative Capital LP Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
STATE STR SPDR ...
PUT
PUT Option 32.10% #1
Prev: #—
9.5
805,000
NEW
805,000 $523,523,700
$253.85 +192.0%
$650.34 +14.0%
2017 Q1 13F Filing 2026-03-31 2026-05-15
QQQ
INVESCO QQQ TR
PUT
PUT Option 31.85% #2
Prev: #—
9.0
900,000
NEW
900,000 $519,462,000 2021 Q1 13F Filing 2026-03-31 2026-05-15
N/A
ECHOSTAR CORP
Bond/Debt 13.42% 46.42% #3 2
Prev: #1
5.0
-45,230,000 -43.0%
P
S
60,000,000 $218,942,400 13F Filing 2026-03-31 2026-05-15
COMM
VISTANCE NETWOR...
Unknown 11.39% 23.16% #4 2
Prev: #2
5.0
398,444 4.1%
P
S
10,208,303 $185,791,115 2024 Q3 13F Filing 2026-03-31 2026-05-15
SATS
ECHOSTAR CORP
Communication Services 5.96% 20.45% #5 2
Prev: #3
2.9
-614,345 -42.5%
P
S
830,655 $97,244,781 2024 Q1 13F Filing 2026-03-31 2026-05-15
GBTG
GLOBAL BUSINESS...
Consumer Cyclical 2.67% 7.11% #6 2
Prev: #4
3.1
661,418 9.3%
P
S
7,800,000 $43,524,000 2025 Q3 13F Filing 2026-03-31 2026-05-15
MBC
MASTERBRAND INC
Consumer Cyclical 1.02% #7
Prev: #—
3.9
2,000,000
NEW
2,000,000 $16,620,000 2026 Q1 13F Filing 2026-03-31 2026-05-15
BITF
BITFARMS LTD
Financial Services 0.85% #8
Prev: #—
3.8
7,150,000
NEW
7,150,000 $13,942,500 2026 Q1 13F Filing 2026-03-31 2026-05-15
AMBP
ARDAGH METAL PA...
Consumer Cyclical 0.73% 2.86% #9 4
Prev: #5
0.3
-2,394,262 -44.8%
P
S
2,955,738 $11,970,739 2025 Q3 13F Filing 2026-03-31 2026-05-15
Showing 1-9 of 9 holdings

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