Monarch Alternative Capital LP

CIK

1281084

Location

New York, NY

Portfolio Value

Small $199,733,614

Diversification

Highly concentrated

Filing Date

Global Rank

#1,455 / 8,586 ▲ 1512

Top Industry

Communication Equipment 50.3%

3Y Alpha vs SPY

+52.8%

Period ended 3 months ago

Filed May 15, 2026 · 33d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+426.9%

SPY

+78.1%

Annualised alpha

+52.8%

Max drawdown

−28.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

8 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

37.1%

−6.1 pts

Top 5

97.0%

−3.0 pts

Top 10

100.0%

0.0 pts

HHI

2,961

Highly concentrated−569

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	73.9%	$1,042,985,700	2
Technology	14.1%	$199,733,614	2
Communication Services	6.9%	$97,244,780	1
Consumer Cyclical	5.1%	$72,114,738	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
GBTG	Global Business Travel Group, Inc.	+661,418	7,800,000	$43,524,000
VISN	Vistance Networks, Inc.	+398,444	10,208,303	$185,791,114
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
AMBP	Ardagh Metal Packaging S.A.	−2,394,262	2,955,738	$11,970,738
SATS	EchoStar CORP	−614,345	830,655	$97,244,780
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	805,000	$523,523,700
QQQ	Invesco Qqq Trust, Series 1	900,000	$519,462,000
MBC	MasterBrand, Inc.	2,000,000	$16,620,000
KEEL	Keel Infrastructure Corp.	7,150,000	$13,942,500
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

2 positions · $199,733,614 total · Technology only · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio	History
VISN	Vistance Networks, Inc. Technology	Added	10,208,303	+398,444	$185,791,114	+4.5%	93.02%
KEEL	Keel Infrastructure Corp. Technology	NEW	7,150,000	NEW	$13,942,500	NEW	6.98%