Strategic Value Partners, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 4, 2024), Strategic Value Partners, LLC reported 2 stock positions worth $1.1 billion. Its top holding was Latam Airlines Group SA-ADR (LTM) at 96.5% of the portfolio, followed by CBL & Associates Properties (CBL, 3.5%). Compared with Q2 2024, it opened 1 new position and reduced 1. The biggest buy was a new position in Latam Airlines Group SA-ADR (LTM) and the biggest sale CBL & Associates Properties (CBL, shares −51%).

Most Recent 13F
Q2 2026
Location
Greenwich, CT
CIK
0001301912
Portfolio Value
$1.1B (Q3 2024)
SEC Filing
0001172661-24-004459 ↗ filed Nov 4, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $73.7M Q1 2024 Q2 2024: $75.2M Q2 2024 Q3 2024: $1.1B $1.1B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.6B Q2 2025 Q3 2025: $0 Q3 2025 Q4 2025: $208.3M Q4 2025 Q1 2026: $132.9M Q1 2026 Q2 2026: $170.8M Q2 2026

Holdings 2 stocks · $1.1B

LTM Latam Airlines Group SA-ADR 96.51% 41,800,343 $1.1B New
CBL CBL & Associates Properties 3.49% 1,584,027 $39.9M Reduce -50.7%

Options reported separately and not counted above: SPY puts ($34.4M).

Portfolio Sells Q2 2024 → Q3 2024

CBL CBL & Associates Properties Reduce -50.7% 3.49% −96.51

Portfolio Buys Q2 2024 → Q3 2024

LTM Latam Airlines Group SA-ADR New 96.51% +96.51

Options Activity Q2 2024 → Q3 2024

SPY SS SPDR S&P 500 ETF Trust-US put Add +50.0% 60,000 $34.4M

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 1$170.8MAERO
Q1 2026 1$132.9MAERO
Q4 2025 1$208.3MAERO
Q3 2025 0$0
Q2 2025 1$1.6BLTM
Q1 2025 1$1.3BLTM
Q4 2024 1$1.2BLTM
Q3 2024 2$1.1BLTM, CBL
Q2 2024 1$75.2MCBL
Q1 2024 1$73.7MCBL