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Stonehill Capital Management LLC

CIK:0001266227
Hedge Fund
$4B AUM
14 holdings
New York, NY, United States
Founded:1986
23 employees
Latest filing:Jun 30, 2025

Stonehill Capital Management LLC is a New York-based hedge fund founded in 1986, specializing in alternative investments. The firm manages several billion dollars in assets and serves institutional clients such as pension funds, endowments, family offices, and high-net-worth individuals. With approximately 23 employees, Stonehill focuses on event-driven and credit-oriented investment strategies.

Investment Strategy

Stonehill Capital Management employs a deep value, opportunistic approach focusing primarily on credit and event-driven strategies. The firm is known for investing in distressed debt, special situations, and undervalued securities across multiple asset classes, aiming to generate superior risk-adjusted returns through rigorous research and active portfolio management. They target investments with strong fundamentals and significant catalysts for value realization.

Latest 13F Filing Activity

Stonehill Capital Management LLC filed their most recent 13F report on Jun 30, 2025 disclosing 11 equity positions with a total 13F market value of $228M. The fund increased holdings in Telephone and Data Systems Common, Masterbrand Inc. Common, Doubledown Interactive Co. LTD Adr among other positions. Stonehill Capital Management LLC reduced exposure to Liberty Broadband Corp. CL C Common, Liberty Broadband Corp. CL A Common, Equity Commonwealth Real Estate Fund among others.

Top Buys
L
LBRDALIBERTY BROADBAND CORP CL A COMMON
-$10.9M
T
TDSTELEPHONE AND DATA SYSTEMS COMMON
+$6.7M
M
MBCMASTERBRAND INC COMMON
+$5.2M
S
SATSECHOSTAR CORP CL A COMMON
-$3.0M
P
PCGP G & E CORP COMMON
-$1.8M
Top Sells
L
LBRDKLIBERTY BROADBAND CORP CL C COMMON
-$61.0M
L
LBRDALIBERTY BROADBAND CORP CL A COMMON
-$10.9M
E
EQCEQUITY COMMONWEALTH REAL ESTATE FUND
-$5.1M
S
SATSECHOSTAR CORP CL A COMMON
-$3.0M
P
PCGP G & E CORP COMMON
-$1.8M

Top Holdings

L
LBRDKLIBERTY BROADBAND CORP CL C COMMON
+25.2%$57.5M
S
SATSECHOSTAR CORP CL A COMMON
+9.1%$20.8M
L
LBRDALIBERTY BROADBAND CORP CL A COMMON
+4.5%$10.2M
H
HOUSANYWHERE REAL ESTATE INC COMMON
+3.3%$7.6M
T
TDSTELEPHONE AND DATA SYSTEMS COMMON
+2.9%$6.7M

Equity Positions (11)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
LIBERTY BROADBAND CORP CL C COMMON25.19%$57.5M584,370$63.22$92.10-$61.0M
ECHOSTAR CORP CL A COMMON9.12%$20.8M751,418$23.59$27.70-$3.0M
LIBERTY BROADBAND CORP CL A COMMON4.48%$10.2M104,493$62.95$91.64-$10.9M
ANYWHERE REAL ESTATE INC COMMON3.35%$7.6M2,110,000$3.33$3.62+$711.0K
TELEPHONE AND DATA SYSTEMS COMMON2.93%$6.7M188,198$35.58$35.58+$6.7M

Industry Allocation

COMMUNICATIONS SERVICES, NEC
+23.3%
CABLE & OTHER PAY TELEVISION SERVICES
+11.6%
WOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED)
+9.2%
MILLWOOD, VENEER, PLYWOOD, & STRUCTURAL WOOD MEMBERS
+5.5%
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
+4.5%