Alta Fundamental Advisers LLC In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Alta Fundamental Advisers LLC reported 21 stock positions worth $227.1 million . Its top holding was USA Today (TDAY) at 26.7% of the portfolio, followed by Lucky Strike Entertainment C (LUCK, 21.7% ) and Alpha Metallurgical Resource (AMR, 14.2% ). Compared with Q1 2024, it opened 6 new positions, added to 5 and reduced 6. The biggest buy was a new position in Peabody Energy (BTU) and the biggest sale Alpha Metallurgical Resource (AMR, shares −12% ).
Location NEW YORK, NY
CIK 0001641604
Portfolio Value $227.1M (Q2 2024) Holdings 21 stocks · $227.1M 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 2024 TDAY USA Today Co. Inc. filed as GANNETT CO INC 13,146,482 $60.6M No change LUCK Lucky Strike Entertainment C filed as BOWLERO CORP 3,400,927 $49.3M Reduce -1.0% AMR Alpha Metallurgical Resource 115,000 $32.3M Reduce -11.7% PEG Public Service Enterprise GP 202,400 $14.9M Add +1.2% ARQ Arq Inc. 2,031,614 $12.3M No change BTU Peabody Energy Corp. 450,000 $10.0M New EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 100,740 $8.3M Reduce -52.9% ANIK Anika Therapeutics Inc. 296,082 $7.5M Add +13.3% AQN Algonquin Power & Utilities 750,000 $4.4M No change INDV Indivior Ltd. 325,000 $4.0M Add +116.7% ABX Abacus Global Management Inc. 452,087 $3.9M Add +151.2% JRVR James River Group Holdings I 463,625 $3.6M New MIST Milestone Pharmaceuticals Inc. 2,658,589 $3.5M Add +12.1% HNRG Hallador Energy Co. 420,355 $3.3M New ACHR Archer Aviation Inc. Class A 695,019 $2.4M Reduce -3.7% GNW Genworth Financial Inc. 384,000 $2.3M Reduce -4.0% MURA Mural Oncology PLC 720,143 $2.3M Reduce -0.4% CLMT Calumet Specialty Products 75,287 $1.2M New TSEOQ Trinseo PLC 269,997 $624K New DNA Ginkgo Bioworks Holdings Inc. 1,000,000 $334K New DK Delek US Holdings Inc. 5,000 $124K No change
Options reported separately and not counted above: PUBLIC SVC ENTERPRISE GRP IN calls ($48.8M), VALLEY NATL BANCORP calls ($16.9M), VALLEY NATL BANCORP puts ($10.5M), PEABODY ENERGY CORP puts ($6.7M), CITIGROUP INC puts ($2.0M), PROSPECT CAP CORP calls ($1.5M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.1M (not counted above) Security Class Shares / Principal Value Change HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 870,293 $2.1M Add +67.3%
Total filed on the 13F, all lines: $229.3M.
Portfolio Sells Q1 2024 → Q2 2024 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 2024 % Of Portfolio Change To Portfolio ▲ AMR Alpha Metallurgical Resource Reduce -11.7% 14.20% −7.61 EXE Expand Energy Corp. Reduce -52.9% 3.65% −5.97 LUCK Lucky Strike Entertainment C Reduce -1.0% 21.70% −2.10 MURA Mural Oncology PLC Reduce -0.4% 1.00% −0.79 ACHR Archer Aviation Inc. Class A Reduce -3.7% 1.08% −0.61 GNW Genworth Financial Inc. Reduce -4.0% 1.02% −0.28
Portfolio Buys Q1 2024 → Q2 2024 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 2024 % Of Portfolio Change To Portfolio ▼ BTU Peabody Energy Corp. New 4.38% +4.38 JRVR James River Group Holdings I New 1.58% +1.58 HNRG Hallador Energy Co. New 1.44% +1.44 ABX Abacus Global Management Inc. Add +151.2% 1.72% +0.61 CLMT Calumet Specialty Products New 0.53% +0.53 INDV Indivior Ltd. Add +116.7% 1.77% +0.49 TSEOQ Trinseo PLC New 0.27% +0.27 DNA Ginkgo Bioworks Holdings Inc. New 0.15% +0.15 ANIK Anika Therapeutics Inc. Add +13.3% 3.30% −0.06 PEG Public Service Enterprise GP Add +1.2% 6.57% −0.19 MIST Milestone Pharmaceuticals Inc. Add +12.1% 1.54% −0.60
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ VALLEY NATL BANCORP call New 1,750,000 $16.9M VALLEY NATL BANCORP put Add +75.0% 3,500,500 $10.5M MEDICAL PPTYS TRUST INC call Sold out 1,159,500 $7.0Mbefore exit PEABODY ENERGY CORP put New 350,000 $6.7M CITIGROUP INC put New 100,000 $2.0M CITIGROUP INC put Sold out 100,000 $2.0Mbefore exit PROSPECT CAP CORP call New 250,000 $1.5M ENVIVA INC call Sold out 254,500 $636Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 Add +67.3% 870,293 $2.1M
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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