Anchorage Capital Advisors, L.P.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Anchorage Capital Advisors, L.P. reported 3 stock positions worth $172.0 million. Its top holding was XPLR Infrastructure (XIFR) at 47.9% of the portfolio, followed by Equipmentshare.com Class A (EQPT, 40.5%) and Global Business Travel (GBTG, 11.7%). Compared with Q4 2025, it opened 1 new position and added to 1. The biggest buy was a new position in Equipmentshare.com Class A (EQPT).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0002007642
Portfolio Value
$172.0M (Q1 2026)
SEC Filing
0000905148-26-002368 ↗ filed May 15, 2026

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 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 $172.0M Q1 2026 Q2 2026: $152.8M Q2 2026

Holdings 3 stocks · $172.0M

XIFR XPLR Infrastructure LP 47.89% 7,753,653 $82.3M Add +12.4%
EQPT Equipmentshare.com Inc. Class A 40.45% 3,414,655 $69.6M New
GBTG Global Business Travel Group 11.66% 3,593,635 $20.1M No change

Options reported separately and not counted above: HYG calls ($198.9M).

Other holdings (2): bonds, preferreds, convertibles and warrants · $7.0M (not counted above)
SecurityClassShares / PrincipalValueChange
LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) DEB 3.750% 2/1 · principal 95,578,000$3.9MNo change
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal 54,668,000$3.1MNo change

Total filed on the 13F, all lines: $179.0M.

Portfolio Sells Q4 2025 → Q1 2026

None this quarter.

Portfolio Buys Q4 2025 → Q1 2026

EQPT Equipmentshare.com Inc. Class A New 40.45% +40.45
XIFR XPLR Infrastructure LP Add +12.4% 47.89% −23.62

Options Activity Q4 2025 → Q1 2026

HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Sold out 8,700,000 $701.5Mbefore exit
HYG Ishr Ibx Usd Hiyld CB ETF-Ui call New 2,500,000 $198.9M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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