Alta Fundamental Advisers LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Alta Fundamental Advisers LLC reported 21 stock positions worth $240.1 million . Its top holding was USA Today (TDAY) at 30.8% of the portfolio, followed by Lucky Strike Entertainment C (LUCK, 16.6% ) and Alpha Metallurgical Resource (AMR, 8.7% ). Compared with Q2 2024, it opened 3 new positions, sold out of 3, added to 5 and reduced 1. The biggest buy was Peabody Energy (BTU, shares +70% ) and the biggest sale Alpha Metallurgical Resource (AMR, shares −23% ).
Location NEW YORK, NY
CIK 0001641604
Portfolio Value $240.1M (Q3 2024) Holdings 21 stocks · $240.1M 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 Q2 2024 TDAY USA Today Co. Inc. filed as GANNETT CO INC 13,146,482 $73.9M No change LUCK Lucky Strike Entertainment C filed as BOWLERO CORP 3,400,927 $39.9M No change AMR Alpha Metallurgical Resource 88,600 $20.9M Reduce -23.0% BTU Peabody Energy Corp. 766,000 $20.3M Add +70.2% PEG Public Service Enterprise GP 202,400 $18.1M No change ARQ Arq Inc. 2,044,122 $12.0M Add +0.6% CLMT Calumet Inc. 577,221 $10.3M Add +666.7% EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 100,740 $8.3M No change ANIK Anika Therapeutics Inc. 296,082 $7.3M No change ACHR Archer Aviation Inc. Class A 2,187,539 $6.6M Add +214.8% ABX Abacus Global Management Inc. 452,087 $4.6M No change MIST Milestone Pharmaceuticals Inc. 2,658,589 $4.0M No change JRVR James River Group Holdings I 463,625 $2.9M No change GNW Genworth Financial Inc. 384,000 $2.6M No change INDV Indivior Ltd. 325,000 $2.4M No change MURA Mural Oncology PLC 720,143 $2.3M No change TSEOQ Trinseo PLC 393,200 $2.0M Add +45.6% OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 500,000 $1.2M New CCJ Cameco Corp. 6,000 $287K New DK Delek US Holdings Inc. 5,000 $94K No change 23ANDME HOLDING CO 266,420 $93K New
Options reported separately and not counted above: PUBLIC SVC ENTERPRISE GRP IN calls ($50.1M), PEABODY ENERGY CORP calls ($12.5M), VALLEY NATL BANCORP calls ($11.3M), VALLEY NATL BANCORP puts ($10.5M), MEDICAL PPTYS TRUST INC calls ($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 · $1.9M (not counted above) Security Class Shares / Principal Value Change HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 870,293 $1.9M No change
Total filed on the 13F, all lines: $242.1M.
Portfolio Sells Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ AMR Alpha Metallurgical Resource Reduce -23.0% 8.71% −5.49 AQN Algonquin Power & Utilities Sold out 0.00% −1.93 HNRG Hallador Energy Co. Sold out 0.00% −1.44 DNA Ginkgo Bioworks Holdings Inc. Sold out 0.00% −0.15
Portfolio Buys Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ BTU Peabody Energy Corp. Add +70.2% 8.47% +4.08 CLMT Calumet Inc. Add +666.7% 4.28% +3.75 ACHR Archer Aviation Inc. Class A Add +214.8% 2.76% +1.68 TSEOQ Trinseo PLC Add +45.6% 0.84% +0.56 OPTU Optimum Communications Inc. Class A New 0.51% +0.51 CCJ Cameco Corp. New 0.12% +0.12 23ANDME HOLDING CO New 0.04% +0.04 ARQ Arq Inc. Add +0.6% 5.00% −0.43
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ PUBLIC SVC ENTERPRISE GRP IN call Reduce -7.7% 600,000 $50.1M PEABODY ENERGY CORP call New 500,000 $12.5M VALLEY NATL BANCORP call Reduce -35.7% 1,125,000 $11.3M MEDICAL PPTYS TRUST INC call New 1,500,000 $10.5M PROSPECT CAP CORP call Add +0.2% 250,400 $1.5M
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