Anchorage Capital Advisors, L.P.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Anchorage Capital Advisors, L.P. reported 2 stock positions worth $58.7 million. Its top holding was Frontier Communications Pare (FYBR) at 90.1% of the portfolio, followed by Ardagh Metal Packaging (AMBP, 9.9%). Compared with Q3 2024, it opened 1 new position and reduced 1. The biggest buy was a new position in Ardagh Metal Packaging (AMBP) and the biggest sale Frontier Communications Pare (FYBR, shares −12%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0002007642
Portfolio Value
$58.7M (Q4 2024)
SEC Filing
0000905148-25-000655 ↗ filed Feb 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $33.5M Q1 2024 Q2 2024: $35.8M Q2 2024 Q3 2024: $61.5M Q3 2024 Q4 2024: $58.7M $58.7M Q4 2024 Q1 2025: $14.2M Q1 2025 Q2 2025: $13.9M Q2 2025 Q3 2025: $101.3M Q3 2025 Q4 2025: $96.5M Q4 2025 Q1 2026: $172.0M Q1 2026 Q2 2026: $152.8M Q2 2026

Holdings 2 stocks · $58.7M
FYBR Frontier Communications Pare 90.07% 1,523,287 $52.9M Reduce -11.9%
AMBP Ardagh Metal Packaging SA 9.93% 1,937,000 $5.8M New
Other holdings (4): bonds, preferreds, convertibles and warrants · $89.9M (not counted above)
SecurityClassShares / PrincipalValueChange
LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) DEB 3.750% 2/1 · principal 122,933,000$36.9MNo change
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal 66,801,000$21.0MNo change
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 16,742,448$17.7MNew
THE REALREAL INC (REAL 1 03/01/28) NOTE 1.000% 3/0 · principal 18,470,000$14.3MReduce -18.7%

Total filed on the 13F, all lines: $148.6M.

Portfolio Sells Q3 2024 → Q4 2024
FYBR Frontier Communications Pare Reduce -11.9% 90.07% −9.93

Portfolio Buys Q3 2024 → Q4 2024
AMBP Ardagh Metal Packaging SA New 9.93% +9.93

Notes & Other Activity Q3 2024 → Q4 2024
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal Sold out 90,500,000 $73.7Mbefore exit
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal New 16,742,448 $17.7M
THE REALREAL INC (REAL 1 03/01/28) NOTE 1.000% 3/0 · principal Reduce -18.7% 18,470,000 $14.3M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$152.8MXIFR, EQPT
Q1 2026 3$172.0MXIFR, EQPT, GBTG
Q4 2025 2$96.5MXIFR, GBTG
Q3 2025 3$101.3MGBTG, XIFR, AMBP
Q2 2025 2$13.9MAMBP, FYBR
Q1 2025 2$14.2MAMBP, FYBR
Q4 2024 2$58.7MFYBR, AMBP
Q3 2024 1$61.5MFYBR
Q2 2024 1$35.8MFYBR
Q1 2024 1$33.5MFYBR