Stonehill Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Stonehill Capital Management LLC reported 15 stock positions worth $350.1 million. Its top holding was Echostar Class A (ECHO) at 57.7% of the portfolio, followed by Masterbrand (MBC, 7.8%) and USA Today (TDAY, 7.3%). Compared with Q1 2026, it opened 6 new positions, sold out of 5, added to 5 and reduced 3. The biggest buy was Echostar Class A (ECHO, shares +140%) and the biggest sale an exit from Hologic (HOLX).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001266227
- Portfolio Value
- $350.1M (Q2 2026)
- SEC Filing
- 0001266227-26-000003 ↗ filed Aug 14, 2026
Holdings Value
Holdings 15 stocks · $350.1M
| ECHO Echostar Corp. Class A | 57.75% | 1,992,095 | $202.2M | Add +139.6% |
| MBC Masterbrand Inc. | 7.83% | 2,662,946 | $27.4M | Add +82.8% |
| TDAY USA Today Co. Inc. | 7.28% | 2,981,555 | $25.5M | No change |
| SVC Service Pptys TR | 6.82% | 14,138,345 | $23.9M | Add +11213.8% |
| FBIN Fortune Brands Innovations I | 5.49% | 350,000 | $19.2M | New |
| RHI Robert Half Inc. | 3.19% | 363,307 | $11.2M | Reduce -10.5% |
| MAN Manpowergroup Inc. | 2.89% | 299,945 | $10.1M | Reduce -44.4% |
| CDZI Cadiz Inc. | 2.54% | 2,125,937 | $8.9M | Add +9.3% |
| DDI Doubledown Interactive -ADR | 2.22% | 677,132 | $7.8M | Add +255.3% |
| HTZ Hertz Global Hldgs Inc. | 1.26% | 1,950,000 | $4.4M | New |
| VSAT Viasat Inc. | 0.81% | 31,477 | $2.8M | New |
| ELME Elme Communities | 0.77% | 1,823,835 | $2.7M | Reduce -10.5% |
| ZD Ziff Davis Inc. | 0.75% | 50,000 | $2.6M | New |
| IRS Irsa -SP ADR filed as IRSA INVERSIONES Y REP S A | 0.36% | 80,673 | $1.2M | New |
| ZIP Ziprecruiter Inc. Class A | 0.06% | 51,630 | $194K | New |
Portfolio Sells Q1 2026 → Q2 2026
| HOLX Hologic Inc. | Sold out | 0.00% | −5.90 |
| MAN Manpowergroup Inc. | Reduce -44.4% | 2.89% | −5.20 |
| AMWD American Woodmark Corp. | Sold out | 0.00% | −4.28 |
| RHI Robert Half Inc. | Reduce -10.5% | 3.19% | −2.07 |
| MOMO Hello Group Inc. -SPN ADR | Sold out | 0.00% | −1.83 |
| ELME Elme Communities | Reduce -10.5% | 0.77% | −1.32 |
| NFE New Fortress Energy Inc. | Sold out | 0.00% | −0.24 |
| SEAT Vivid Seats Inc. Class A | Sold out | 0.00% | −0.08 |
Portfolio Buys Q1 2026 → Q2 2026
| ECHO Echostar Corp. Class A | Add +139.6% | 57.75% | +8.16 |
| SVC Service Pptys TR | Add +11213.8% | 6.82% | +6.74 |
| FBIN Fortune Brands Innovations I | New | 5.49% | +5.49 |
| MBC Masterbrand Inc. | Add +82.8% | 7.83% | +1.66 |
| DDI Doubledown Interactive -ADR | Add +255.3% | 2.22% | +1.40 |
| HTZ Hertz Global Hldgs Inc. | New | 1.26% | +1.26 |
| VSAT Viasat Inc. | New | 0.81% | +0.81 |
| ZD Ziff Davis Inc. | New | 0.75% | +0.75 |
| IRS Irsa -SP ADR | New | 0.36% | +0.36 |
| ZIP Ziprecruiter Inc. Class A | New | 0.06% | +0.06 |
| CDZI Cadiz Inc. | Add +9.3% | 2.54% | −2.33 |
Notes & Other Activity Q1 2026 → Q2 2026
| IRS.WS Irsa Inversiones Y Rep -CW26 | *W EXP 05/12/202 | Sold out | 602,130 | $981Kbefore exit |
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 | 15 | $350.1M | ECHO, MBC, TDAY, SVC, FBIN |
| Q1 2026 | 14 | $196.3M | ECHO, TDAY, MAN, MBC, HOLX |
| Q4 2025 | 20 | $311.0M | ECHO, JOYY, ELME, LBRDK, MBC |
| Q3 2025 | 13 | $254.4M | JOYY, ECHO, LBRDK, MBC, AMWD |
| Q2 2025 | 12 | $221.0M | JOYY, LBRDK, ECHO, LBRDA, HOUS |
| Q1 2025 | 10 | $316.6M | LBRDK, JOYY, SGI, ECHO, LBRDA |
| Q4 2024 | 8 | $214.7M | LBRDK, JOYY, ECHO, ATEX, LBRDA |
| Q3 2024 | 10 | $166.3M | LBRDK, JOYY, ATEX, EQC, LBRDA |
| Q2 2024 | 9 | $133.3M | LBRDK, JOYY, ATEX, V, LBRDA |
| Q1 2024 | 5 | $44.1M | ATEX, JOYY, NXDT, VATE, TRINITY BIOTECH INVT LTD |