Monarch Alternative Capital LP holds a concentrated book of 7 stocks worth $588.0M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Masterbrand Inc and trimmed Echostar Corp. Their largest long position is Echostar Corp at 37% of the equity book. They also disclosed $1.0B in put options (a bearish bet), shown separately below and excluded from the equity book.
Top-heavy: concentrated book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
60% mapped to company sectors
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices, no cost basis
Other tracked managers holding the same core names as Monarch Alternative Capital LP
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| MILLENNIUM MANAGEMENT LLC | 7 / 7 | $588.4M |
| JPMORGAN CHASE & CO | 7 / 7 | $521.7M |
| GOLDMAN SACHS GROUP INC | 7 / 7 | $471.5M |
| TWO SIGMA INVESTMENTS, LP | 7 / 7 | $365.4M |
| MORGAN STANLEY | 7 / 7 | $341.9M |
| WELLS FARGO & COMPANY/MN | 7 / 7 | $203.8M |
| BARCLAYS PLC | 7 / 7 | $200.7M |
| CITIGROUP INC | 7 / 7 | $130.0M |
Ranked by how many of Monarch Alternative Capital LP's top 7 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Echostar Corp NOTE 3.875%11/3 | $218.9M | 60.00M | 37.2% | ▼−43% Reduced · −45.2M sh | |
| 2 | Vistance Networks Inc COM | $185.8M | 10.21M | 31.6% | ▲+4.1% Added · +398K sh | |
| 3 | Echostar Corp CL A | $97.2M | 830.7K | 16.5% | ▼−43% Reduced · −614K sh | |
| 4 | Global Business Travel Group COM CL A | $43.5M | 7.80M | 7.4% | ▲+9.3% Added · +661K sh | |
| 5 | Masterbrand Inc COMMON STOCK | $16.6M | 2.00M | 2.8% | ▲New New position | |
| 6 | Bitfarms Ltd COM | $13.9M | 7.15M | 2.4% | ▲New New position | |
| 7 | Ardagh Metal Packaging S A SHS | $12.0M | 2.96M | 2.0% | ▼−45% Reduced · −2.4M sh |
The public view is the crawlable proof. The same sourced dataset is available through REST and MCP for agents, research scripts, and back-office tools.
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1281084/holdings"
Use Arkolith to show Monarch Alternative Capital LP's latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | SS SPDR S&P 500 ETF TRUST-USSPY | $523.5M | 805K |
| PUT · bearish | INVESCO QQQ TRUST SERIES 1QQQ | $519.5M | 900K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
| Quarter | As of | Filed | Positions | Value | Form |
|---|---|---|---|---|---|
| Q1 2026 | Mar 31, 2026 | May 15, 2026 | 9 | $1.6B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 5 | $768.0M | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Feb 5, 2026 | 5 | $744.9M | 13F-HR/A |
| Q2 2025 | Jun 30, 2025 | Aug 14, 2025 | 3 | $214.8M | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 15, 2025 | 7 | $1.3B | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 14, 2025 | 6 | $582.6M | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 14, 2024 | 7 | $654.5M | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 14, 2024 | 5 | $223.6M | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 15, 2024 | 6 | $224.9M | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 14, 2024 | 2 | $73.2M | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 14, 2023 | 3 | $109.4M | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Aug 14, 2023 | 6 | $1.0B | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 15, 2023 | 4 | $171.8M | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 14, 2023 | 8 | $290.8M | 13F-HR |
| Q3 2022 | Sep 30, 2022 | Nov 14, 2022 | 8 | $306.1M | 13F-HR |
| Q2 2022 | Jun 30, 2022 | Aug 15, 2022 | 9 | $349.5M | 13F-HR |
| Q1 2022 | Mar 31, 2022 | May 16, 2022 | 10 | $564.1M | 13F-HR |
| Q4 2021 | Dec 31, 2021 | Feb 14, 2022 | 14 | $942.3M | 13F-HR |
| Q3 2021 | Sep 30, 2021 | Nov 15, 2021 | 9 | $444.1M | 13F-HR |
| Q2 2021 | Jun 30, 2021 | Aug 16, 2021 | 8 | $486.1M | 13F-HR |
| Q1 2021 | Mar 31, 2021 | May 17, 2021 | 9 | $1.5B | 13F-HR |
| Q4 2020 | Dec 31, 2020 | Feb 16, 2021 | 11 | $867.3M | 13F-HR |
| Q3 2020 | Sep 30, 2020 | Nov 16, 2020 | 7 | $587.6M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.