Stonehill Capital Management LLC
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.
Top Holdings
Equity Positions (11)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
L LBRDK | LIBERTY BROADBAND CORP CL C COMMON | 25.19% | $57.5M | 584,370 | $63.22 | $92.10 | -$61.0M |
S SATS | ECHOSTAR CORP CL A COMMON | 9.12% | $20.8M | 751,418 | $23.59 | $27.70 | -$3.0M |
L LBRDA | LIBERTY BROADBAND CORP CL A COMMON | 4.48% | $10.2M | 104,493 | $62.95 | $91.64 | -$10.9M |
H HOUS | ANYWHERE REAL ESTATE INC COMMON | 3.35% | $7.6M | 2,110,000 | $3.33 | $3.62 | +$711.0K |
T TDS | TELEPHONE AND DATA SYSTEMS COMMON | 2.93% | $6.7M | 188,198 | $35.58 | $35.58 | +$6.7M |