Monarch Alternative Capital LP — 13F Holdings & Portfolio
CIK 1281084 · latest 13F-HR filed 2026-05-15
Monarch Alternative Capital LP manages $1.63B in 13F-reported U.S. long-equity assets across 9 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (32.10%), QQQ (31.85%), ECHOSTAR CORP (13.42%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 2 new positions, exited 0, added to 0, and trimmed 4.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.63B
Long-equity book
9
Distinct positions
2026-03-31
Filed 2026-05-15
+2 / −0 / ↑0 / ↓4
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Trims
- ECHOSTAR CORP-$137.6M -38.6%
- ECHOSTAR CORP-$59.8M -38.1%
- GLOBAL BUSINESS TRAVEL GROUP-$11.1M -20.3%
- ARDAGH METAL PACKAGING S A-$10.0M -45.4%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $523.5M | 32.10% | 805,000 | SH |
| 2 | INVESCO QQQ TR Put | QQQ | 46090E103 | $519.5M | 31.85% | 900,000 | SH |
| 3 | ECHOSTAR CORP | — | 278768AB2 | $218.9M | 13.42% | 60,000,000 | PRN |
| 4 | VISTANCE NETWORKS INC | VISN | 20337X109 | $185.8M | 11.39% | 10,208,303 | SH |
| 5 | ECHOSTAR CORP | SATS | 278768106 | $97.2M | 5.96% | 830,655 | SH |
| 6 | GLOBAL BUSINESS TRAVEL GROUP | GBTG | 37890B100 | $43.5M | 2.67% | 7,800,000 | SH |
| 7 | MASTERBRAND INC | MBC | 57638P104 | $16.6M | 1.02% | 2,000,000 | SH |
| 8 | BITFARMS LTD | KEEL | 09173B107 | $13.9M | 0.85% | 7,150,000 | SH |
| 9 | ARDAGH METAL PACKAGING S A | AMBP | L02235106 | $12.0M | 0.73% | 2,955,738 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $1.63B | 9 | 0000899140-26-000579 |
| 2025-12-31 | 2026-02-17 | $768.0M | 5 | 0000899140-26-000259 |
| 2025-09-30 | 2026-02-05 | $744.9M | 5 | 0000899140-26-000101 |