Monarch Alternative Capital LP

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Monarch Alternative Capital LP reported 4 stock positions worth $423.8 million. Its top holding was Talen Energy (TLN) at 61.0% of the portfolio, followed by Latam Airlines Group SA-ADR (LTM, 24.2%) and Echostar Class A (ECHO, 10.9%). Compared with Q2 2024, it opened 3 new positions and sold out of 1. The biggest buy was a new position in Talen Energy (TLN) and the biggest sale an exit from Berry Global (BERY).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001281084
Portfolio Value
$423.8M (Q3 2024)
SEC Filing
0000899140-24-001276 ↗ filed Nov 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $81.9M Q1 2024 Q2 2024: $63.7M Q2 2024 Q3 2024: $423.8M $423.8M Q3 2024 Q4 2024: $478.9M Q4 2024 Q1 2025: $189.4M Q1 2025 Q2 2025: $82.8M Q2 2025 Q3 2025: $420.7M Q3 2025 Q4 2025: $411.5M Q4 2025 Q1 2026: $369.1M Q1 2026 Q2 2026: $516.2M Q2 2026

Holdings 4 stocks · $423.8M
TLN Talen Energy Corp. 60.99% 1,450,000 $258.4M New
LTM Latam Airlines Group SA-ADR 24.23% 3,888,228 $102.7M New
ECHO Echostar Corp. Class A 10.86% 1,854,000 $46.0M No change
VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 3.92% 2,720,575 $16.6M New
Other holdings (3): bonds, preferreds, convertibles and warrants · $230.8M (not counted above)
SecurityClassShares / PrincipalValueChange
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal 178,812,000$155.6MAdd +44.4%
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 71,810,000$57.5MNo change
TPI COMPOSITES INC (TPIC 5.25 03/15/28) NOTE 5.250% 3/1 · principal 31,875,000$17.7MReduce -23.2%

Total filed on the 13F, all lines: $654.5M.

Portfolio Sells Q2 2024 → Q3 2024
BERY Berry Global Group Inc. Sold out 0.00% −48.20

Portfolio Buys Q2 2024 → Q3 2024
TLN Talen Energy Corp. New 60.99% +60.99
LTM Latam Airlines Group SA-ADR New 24.23% +24.23
VISN Vistance Networks Inc. New 3.92% +3.92

Notes & Other Activity Q2 2024 → Q3 2024
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal Add +44.4% 178,812,000 $155.6M
TPI COMPOSITES INC (TPIC 5.25 03/15/28) NOTE 5.250% 3/1 · principal Reduce -23.2% 31,875,000 $17.7M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$516.2MECHO, KEEL, CORZ, VISN, MBC
Q1 2026 6$369.1MVISN, ECHO, GBTG, MBC, BITF
Q4 2025 4$411.5MVISN, ECHO, GBTG, AMBP
Q3 2025Amended 4$420.7MECHO, VISN, GBTG, AMBP
Q2 2025 1$82.8MVISN
Q1 2025 3$189.4MLTM, ECHO, VISN
Q4 2024 4$478.9MTLN, LTM, ECHO, VISN
Q3 2024 4$423.8MTLN, LTM, ECHO, VISN
Q2 2024 2$63.7MECHO, BERY
Q1 2024 3$81.9MBERY, AVPT, ECHO