Alta Fundamental Advisers LLC In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Alta Fundamental Advisers LLC reported 22 stock positions worth $275.6 million . Its top holding was USA Today (TDAY) at 33.3% of the portfolio, followed by Liberty Latin Americ Class C (LILAK, 9.0% ) and Propetro (PUMP, 8.1% ). Compared with Q1 2026, it opened 5 new positions, sold out of 3, added to 2 and reduced 6. The biggest buy was a new position in T1 Energy (TE) and the biggest sale an exit from Delta Air Lines (DAL).
Location NEW YORK, NY
CIK 0001641604
Portfolio Value $275.6M (Q2 2026) Holdings 22 stocks · $275.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 TDAY USA Today Co. Inc. 10,748,543 $91.9M No change LILAK Liberty Latin Americ Class C 3,187,731 $24.8M Add +2.8% PUMP Propetro Holding Corp. 1,553,385 $22.3M Reduce -12.4% INDV Indivior Pharmaceuticals Inc. 404,529 $16.6M Reduce -1.2% CC The Chemours Co. 700,000 $14.4M No change CORZ Core Scientific Inc. 546,382 $14.0M Reduce -8.4% BTU Peabody Energy Corp. 600,000 $13.9M Add +20.0% ABX Abacus Global Management Inc. 1,097,639 $11.8M No change GNW Genworth Financial Inc. 1,209,988 $11.5M No change AMR Alpha Metallurgical Resource 69,198 $11.4M No change HPP Hudson Pacific Properties Inc. 529,390 $8.0M No change EXE Expand Energy Corp. 82,960 $7.6M No change BATRK Atlanta Braves Holdings in-C 99,400 $5.2M Reduce -0.6% ACHR Archer Aviation Inc. Class A 1,000,000 $4.7M Reduce -6.4% TE T1 Energy Inc. 400,000 $3.8M New CHTR Charter Communications Inc. Class A 25,000 $3.6M New LILA Liberty Latin Americ Class A 384,500 $3.0M New MEOH Methanex Corp. 60,000 $2.8M New CYH Community Health Systems Inc. 647,129 $2.2M Reduce -23.1% MBI Mbia Inc. 148,662 $969K No change IHRT Iheartmedia Inc. Class A 200,000 $858K New MINE Mayfair Gold Corp. 150,700 $526K No change
Options reported separately and not counted above: METHANEX CORP calls ($37.5M), CORE SCIENTIFIC INC NEW calls ($14.6M), CHEMOURS CO calls ($5.0M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $812K (not counted above) Security Class Shares / Principal Value Change HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 745,105 $812K No change
Total filed on the 13F, all lines: $276.4M.
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ DAL Delta Air Lines Inc. Sold out 0.00% −2.63 PUMP Propetro Holding Corp. Reduce -12.4% 8.08% −2.04 PEG Public Service Enterprise GP Sold out 0.00% −1.60 ACHR Archer Aviation Inc. Class A Reduce -6.4% 1.72% −0.47 OPTU Optimum Communications Inc. Class A Sold out 0.00% −0.39 CYH Community Health Systems Inc. Reduce -23.1% 0.78% −0.20 BATRK Atlanta Braves Holdings in-C Reduce -0.6% 1.87% +0.18 INDV Indivior Pharmaceuticals Inc. Reduce -1.2% 6.02% +1.08 CORZ Core Scientific Inc. Reduce -8.4% 5.07% +1.54
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ TE T1 Energy Inc. New 1.38% +1.38 CHTR Charter Communications Inc. Class A New 1.29% +1.29 LILA Liberty Latin Americ Class A New 1.09% +1.09 MEOH Methanex Corp. New 1.00% +1.00 IHRT Iheartmedia Inc. Class A New 0.31% +0.31 BTU Peabody Energy Corp. Add +20.0% 5.03% −1.49 LILAK Liberty Latin Americ Class C Add +2.8% 9.01% −1.83
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ METHANEX CORP call New 500,000 $37.5M CORE SCIENTIFIC INC NEW call Add +143.0% 607,500 $14.6M DELTA AIR LINES INC put Sold out 100,000 $6.0Mbefore exit CHEMOURS CO call New 200,000 $5.0M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 22 $275.6M TDAY, LILAK, PUMP, INDV, CC Q1 2026 20 $252.4M TDAY, LILAK, PUMP, BTU, CC Q4 2025 20 $211.5M TDAY, PUMP, BTU, LILAK, INDV Q3 2025 19 $203.0M TDAY, LILAK, BTU, ACHR, CC Q2 2025 18 $180.2M TDAY, LUCK, ACHR, ARQ, PEG Q1 2025 18 $153.5M TDAY, LUCK, PEG, ACHR, AMR Q4 2024 17 $268.4M TDAY, LUCK, PEG, ACHR, AMR Q3 2024 21 $240.1M TDAY, LUCK, AMR, BTU, PEG Q2 2024 21 $227.1M TDAY, LUCK, AMR, PEG, ARQ Q1 2024 15 $197.7M LUCK, AMR, TDAY, EXE, PEG