Monarch Alternative Capital L.P. is an investment fund managing more than $63.7 billion ran by Christopher Santana. There are currently 2 companies in Mr. Santana’s portfolio. The largest investments include EchoStar Corp and Berry Global Inc, together worth $63.7 billion.
As of 7th August 2024, Monarch Alternative Capital L.P.’s top holding is 1,854,000 shares of EchoStar Corp currently worth over $33 billion and making up 51.8% of the portfolio value.
Relative to the number of outstanding shares of EchoStar Corp, Monarch Alternative Capital L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 522,000 shares of Berry Global Inc worth $30.7 billion, whose value grew 8.8% in the past six months.
Currently, Monarch Alternative Capital L.P.'s portfolio is worth at least $63.7 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Monarch Alternative Capital L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Christopher Santana serves as the Managing Principal at Monarch Alternative Capital L.P..
In the most recent 13F filing, Monarch Alternative Capital L.P. revealed that it had increased its stake in
EchoStar Corp and bought 354,000 additional shares worth around $6 million.
This means they effectively own approximately 0.1% of the company.
EchoStar Corp makes up
100.0%
of the fund's Technology sector allocation and has decreased its share price by 24.9% in the past year.
On the other hand, there are companies that Monarch Alternative Capital L.P. is getting rid of from its portfolio.
Monarch Alternative Capital L.P. closed its position in AvePoint Inc on 14th August 2024.
It sold the previously owned 3,655,597 shares for $29 billion.
The two most similar investment funds to Monarch Alternative Capital L.P. are Touchstone Capital and Rpo. They manage $63.7 billion and $63.7 billion respectively.
Monarch Alternative Capital L.P.’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Technology — making up 51.8% of
the total portfolio value.
The fund focuses on investments in the United States as
100.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $4.76 billion.
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| EchoStar Corp |
23.60%
1,854,000
|
$33,019,740,000 | 51.80% |
| Berry Global Group Inc |
No change
522,000
|
$30,719,700,000 | 48.20% |
| AvePoint Inc |
Closed
3,655,597
|
$28,952,328,000 | |
| No transactions found | |||
| Showing first 500 out of 3 holdings | |||