Stonehill Capital Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Stonehill Capital Management LLC reported 10 stock positions worth $166.3 million. Its top holding was Liberty Broadband-C (LBRDK) at 40.1% of the portfolio, followed by Joyy Inc.-ADR (JOYY, 24.1%) and Anterix (ATEX, 13.4%). Compared with Q2 2024, it opened 3 new positions, sold out of 2, added to 1 and reduced 2. The biggest buy was a new position in Equity Commonwealth (EQC) and the biggest sale Anterix (ATEX, shares −16%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001266227
Portfolio Value
$166.3M (Q3 2024)
SEC Filing
0001266227-24-000006 ↗ filed Nov 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $44.1M Q1 2024 Q2 2024: $133.3M Q2 2024 Q3 2024: $166.3M $166.3M Q3 2024 Q4 2024: $214.7M Q4 2024 Q1 2025: $316.6M Q1 2025 Q2 2025: $221.0M Q2 2025 Q3 2025: $254.4M Q3 2025 Q4 2025: $311.0M Q4 2025 Q1 2026: $196.3M Q1 2026 Q2 2026: $350.1M Q2 2026

Holdings 10 stocks · $166.3M
LBRDK Liberty Broadband-C 40.10% 863,042 $66.7M No change
JOYY Joyy Inc.-ADR 24.06% 1,104,325 $40.0M No change
ATEX Anterix Inc. 13.35% 589,851 $22.2M Reduce -16.3%
EQC Equity Commonwealth 7.84% 655,007 $13.0M New
LBRDA Liberty Broadband-A 6.41% 138,878 $10.7M No change
ECHO Echostar Corp. Class A 5.55% 372,089 $9.2M New
NXDT Nexpoint Diversified Real Es 1.65% 439,796 $2.7M Add +1.7%
NOTE Fiscalnote Holdings Inc. 0.60% 777,286 $995K New
VATE Innovate Corp. 0.33% 146,307 $541K No change
OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 0.11% 74,898 $184K Reduce -92.2%
Other holdings (1): bonds, preferreds, convertibles and warrants · $524K (not counted above)
SecurityClassShares / PrincipalValueChange
IRS.WS Irsa Inversiones Y Rep -CW26 *W EXP 05/12/202 602,130$524KNo change

Total filed on the 13F, all lines: $166.9M.

Portfolio Sells Q2 2024 → Q3 2024
ATEX Anterix Inc. Reduce -16.3% 13.35% −7.57
V Visa Inc. Class A Sold out 0.00% −6.87
MODVQ Modivcare Inc. Sold out 0.00% −2.16
OPTU Optimum Communications Inc. Class A Reduce -92.2% 0.11% −1.36

Portfolio Buys Q2 2024 → Q3 2024
EQC Equity Commonwealth New 7.84% +7.84
ECHO Echostar Corp. Class A New 5.55% +5.55
NOTE Fiscalnote Holdings Inc. New 0.60% +0.60
NXDT Nexpoint Diversified Real Es Add +1.7% 1.65% −0.14

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 15$350.1MECHO, MBC, TDAY, SVC, FBIN
Q1 2026 14$196.3MECHO, TDAY, MAN, MBC, HOLX
Q4 2025 20$311.0MECHO, JOYY, ELME, LBRDK, MBC
Q3 2025 13$254.4MJOYY, ECHO, LBRDK, MBC, AMWD
Q2 2025 12$221.0MJOYY, LBRDK, ECHO, LBRDA, HOUS
Q1 2025 10$316.6MLBRDK, JOYY, SGI, ECHO, LBRDA
Q4 2024 8$214.7MLBRDK, JOYY, ECHO, ATEX, LBRDA
Q3 2024 10$166.3MLBRDK, JOYY, ATEX, EQC, LBRDA
Q2 2024 9$133.3MLBRDK, JOYY, ATEX, V, LBRDA
Q1 2024 5$44.1MATEX, JOYY, NXDT, VATE, TRINITY BIOTECH INVT LTD