1y return+112.5%S&P 500 +20.9%
3y return+376.3%S&P 500 +68.5%
5y return+336.2%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since September 30, 2020: $772 against $223 in the S&P 500.2
Monarch Alternative Capital LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| ECHOEchostar Corp | $165.5M | 32.1% | +96.2% |
| KEELKeel Infrastructure Corp | $150.9M | 29.2% | New |
| CORZCore Scientific Inc New | $117.7M | 22.8% | New |
| VISNVistance Networks Inc | $41.5M | 8.0% | −68.2% |
| MBCMasterbrand Inc | $38.1M | 7.4% | +85.0% |
| FWRDForward Air Corp | $2.6M | 0.5% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| VISNVistance Networks Inc | September 30, 2024 | +109.2% | $41.5M |
| ECHOEchostar Corp | September 30, 2025 | +32.9% | $165.5M |
| MBCMasterbrand Inc | March 31, 2026 | +23.8% | $38.1M |
Sold off last quarter
- Global Business Travel GroupCUSIP 37890B100 was $43.5M
- Bitfarms LtdCUSIP 09173B107 was $13.9M
- Ardagh Metal Packaging S ACUSIP L02235106 was $12.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −9.2% | +14.8% |
| March 31, 2026 | −0.5% | −4.6% |
| December 31, 2025 | +25.8% | +2.4% |
| September 30, 2025 | +87.0% | +7.8% |
| June 30, 2025 | +24.7% | +10.5% |
| March 31, 2025 | +4.1% | −4.6% |
| December 31, 2024 | +7.6% | +2.1% |
| September 30, 2024 | +27.9% | +5.4% |
| June 30, 2024 | +16.6% | +4.0% |
| March 31, 2024 | −6.8% | +10.0% |
| December 31, 2023 | +13.3% | +11.2% |
| September 30, 2023 | +1.9% | −3.6% |
| June 30, 2023 | +12.3% | +8.3% |
| March 31, 2023 | −4.5% | +7.0% |
| December 31, 2022 | +12.9% | +7.1% |
| September 30, 2022 | −12.3% | −5.3% |
| June 30, 2022 | −22.1% | −16.5% |
| March 31, 2022 | −4.8% | −4.9% |
| December 31, 2021 | +8.4% | +10.7% |
| September 30, 2021 | +7.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Monarch Alternative Capital LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1281084&type=13F-HR&dateb=&owner=include&count=40CIK 1281084
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1281084/000089914026000881/Filed August 14, 2026 · accession 0000899140-26-000881