Stonehill Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Stonehill Capital Management LLC reported 8 stock positions worth $214.7 million. Its top holding was Liberty Broadband-C (LBRDK) at 42.6% of the portfolio, followed by Joyy Inc.-ADR (JOYY, 24.4%) and Echostar Class A (ECHO, 11.0%). Compared with Q3 2024, it sold out of 2 and added to 8. The biggest buy was Echostar Class A (ECHO, shares +177%) and the biggest sale an exit from Innovate (VATE).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001266227
- Portfolio Value
- $214.7M (Q4 2024)
- SEC Filing
- 0001266227-25-000002 ↗ filed Feb 14, 2025
Holdings Value
Holdings 8 stocks · $214.7M
| LBRDK Liberty Broadband-C | 42.59% | 1,223,071 | $91.4M | Add +41.7% |
| JOYY Joyy Inc.-ADR | 24.40% | 1,251,947 | $52.4M | Add +13.4% |
| ECHO Echostar Corp. Class A | 11.01% | 1,032,425 | $23.6M | Add +177.5% |
| ATEX Anterix Inc. | 8.65% | 605,664 | $18.6M | Add +2.7% |
| LBRDA Liberty Broadband-A | 8.62% | 248,878 | $18.5M | Add +79.2% |
| EQC Equity Commonwealth | 2.99% | 3,630,975 | $6.4M | Add +454.3% |
| NXDT Nexpoint Diversified Real Es | 1.27% | 446,705 | $2.7M | Add +1.6% |
| NOTE Fiscalnote Holdings Inc. | 0.46% | 920,853 | $985K | Add +18.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $21.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 19,433,950 | $20.6M | New |
| IRS.WS Irsa Inversiones Y Rep -CW26 | *W EXP 05/12/202 | 602,130 | $1.1M | No change |
Total filed on the 13F, all lines: $236.4M.
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
| ECHO Echostar Corp. Class A | Add +177.5% | 11.01% | +5.46 |
| LBRDK Liberty Broadband-C | Add +41.7% | 42.59% | +2.49 |
| LBRDA Liberty Broadband-A | Add +79.2% | 8.62% | +2.21 |
| JOYY Joyy Inc.-ADR | Add +13.4% | 24.40% | +0.35 |
| NOTE Fiscalnote Holdings Inc. | Add +18.5% | 0.46% | −0.14 |
| NXDT Nexpoint Diversified Real Es | Add +1.6% | 1.27% | −0.38 |
| ATEX Anterix Inc. | Add +2.7% | 8.65% | −4.70 |
| EQC Equity Commonwealth | Add +454.3% | 2.99% | −4.84 |
Notes & Other Activity Q3 2024 → Q4 2024
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | New | 19,433,950 | $20.6M |
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 |