Stonehill Capital Management 13F annual report

Stonehill Capital Management is an investment fund managing more than $134 million ran by Paul Malek. There are currently 10 companies in Mr. Malek’s portfolio. The largest investments include Liberty Broadband Corp Cl C Common and Joyy Inc Adr, together worth $80.5 million.

$134 million Assets Under Management (AUM)

As of 7th August 2024, Stonehill Capital Management’s top holding is 863,042 shares of Liberty Broadband Corp Cl C Common currently worth over $47.3 million and making up 35.4% of the portfolio value. In addition, the fund holds 1,104,325 shares of Joyy Inc Adr worth $33.2 million. The third-largest holding is Anterix Inc Common worth $27.9 million and the next is Visa Class A Stock worth $9.15 million, with 34,857 shares owned.

Currently, Stonehill Capital Management's portfolio is worth at least $134 million. 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.

Careers at Stonehill Capital Management

The Stonehill Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Paul Malek serves as the General Counsel at Stonehill Capital Management.

Recent trades

In the most recent 13F filing, Stonehill Capital Management revealed that it had opened a new position in Liberty Broadband Corp Cl C Common and bought 863,042 shares worth $47.3 million.

The investment fund also strengthened its position in Joyy Inc Adr by buying 619,738 additional shares. This makes their stake in Joyy Inc Adr total 1,104,325 shares worth $33.2 million.

On the other hand, there are companies that Stonehill Capital Management is getting rid of from its portfolio. Stonehill Capital Management closed its position in Trinity Biotech Plc Adr on 14th August 2024. It sold the previously owned 248,399 shares for $507 thousand. Paul Malek also disclosed a decreased stake in Anterix Inc Common by approximately 0.1%. This leaves the value of the investment at $27.9 million and 704,404 shares.

One of the smallest hedge funds

The two most similar investment funds to Stonehill Capital Management are Unc Management and Aurora Investment Managers,. They manage $134 million and $134 million respectively.

The complete list of Stonehill Capital Management trades based on 13F SEC filings

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
Liberty Broadband Corp Cl C Common	Opened 863,042	$47,312,000	35.39%
Joyy Inc Adr	127.89% 1,104,325	$33,229,000	24.85%
Anterix Inc Common	5.00% 704,404	$27,887,000	20.86%
Visa Class A Stock	Opened 34,857	$9,149,000	6.84%
Liberty Broadband Corp Cl A Common	Opened 138,878	$7,583,000	5.67%
Modivcare Inc Common	Opened 109,539	$2,874,000	2.15%
Nextpoint Diversified Real Estate Closed-end Fund	2.34% 432,500	$2,392,000	1.79%
Altice Usa Inc - Cl A Common	Opened 958,992	$1,956,000	1.46%
Innovate Corp Common	No change 1,463,068	$885,000	0.66%
Trinity Biotech Plc Adr	Closed 248,399	$507,000
Irsa Inversiones Sa Wts Exp 03/25/2026	No change 602,130	$435,000	0.33%
No transactions found
Showing first 500 out of 11 holdings