STONEHILL CAPITAL MANAGEMENT LLC Diversified Active

Name: STONEHILL CAPITAL MANAGEMENT LLC Q1 2026 13F Filing | 13F Explorer
Creator: STONEHILL CAPITAL MANAGEMENT LLC
Published: 2026-05-15

Location: NEW YORK, NY

CIK: 0001266227 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $197K (100.0% shares, 0.0% debt)

Holdings (15)

New Positions (3)

HOLX HOLOGIC INC COMMON 5.9%

Value $11,585 Shares 153,267 Est. Cost $75.02 Unrealized 0.0%

MOMO HELLO GROUP INC SPN ADR 1.8%

Value $3,595 Shares 624,196 Est. Cost $0.01 Unrealized —

SVC SERVICE PROPERTIES TRUST REIT 0.1%

Value $169 Shares 124,966 Est. Cost $0.00 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HOLX	HOLOGIC INC COMMON	153,267	$11,585	5.9%	$75.02	0.0%	CMN	436440101
MOMO	HELLO GROUP INC SPN ADR	624,196	$3,595	1.8%	$0.01	—	CMN	423403104
SVC	SERVICE PROPERTIES TRUST REIT	124,966	$169	0.1%	$0.00	—	CMN	81761L102

Increased Positions (6)

ELME ELME COMMUNITIES REIT 2.1%

Value $4,097 (-100.0%) Shares 2,038,246 (+17.2%) Est. Cost $14.75 Unrealized —

MAN MANPOWERGROUP INC COMMON 8.1%

Value $15,884 (-99.8%) Shares 539,162 (+70.3%) Est. Cost $31.10 Unrealized -0.7%

RHI ROBERT HALF INC COMMON 5.2%

Value $10,307 (-99.9%) Shares 405,807 (+17.6%) Est. Cost $28.46 Unrealized -1.7%

TDAY USA TODAY CO INC COMMON 10.7%

Value $21,020 (-99.7%) Shares 2,981,555 (+100.1%) Est. Cost $5.31 Unrealized +11.4%

CDZI CADIZ INC COMMON 4.8%

Value $9,552 (-99.5%) Shares 1,945,410 (+487.2%) Est. Cost $5.63 Unrealized +1.0%

NFE NEW FORTRESS ENERGY INC COMMON 0.2%

Value $465 (-99.9%) Shares 788,842 (+69.6%) Est. Cost $2.20 Unrealized -40.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ELME	ELME COMMUNITIES REIT	2,038,246 (+17.2%)	$4,097 (-100.0%)	2.1%	$14.75	—	CMN	939653101
MAN	MANPOWERGROUP INC COMMON	539,162 (+70.3%)	$15,884 (-99.8%)	8.1%	$31.10	-0.7%	CMN	56418H100
RHI	ROBERT HALF INC COMMON	405,807 (+17.6%)	$10,307 (-99.9%)	5.2%	$28.46	-1.7%	CMN	770323103
TDAY	USA TODAY CO INC COMMON	2,981,555 (+100.1%)	$21,020 (-99.7%)	10.7%	$5.31	+11.4%	CMN	36472T109
CDZI	CADIZ INC COMMON	1,945,410 (+487.2%)	$9,552 (-99.5%)	4.8%	$5.63	+1.0%	CMN	127537207
NFE	NEW FORTRESS ENERGY INC COMMON	788,842 (+69.6%)	$465 (-99.9%)	0.2%	$2.20	-40.7%	CMN	644393100

Exited Positions (10)

JOYY JOYY INC ADR 36226.9%

Value $71.47M Shares 1,103,571 Est. Cost $29.86 Unrealized —

— ECHOSTAR SR UNSEC CONV PIK 3.875 11/30/2030 11005.4%

Value $21.71M Shares 6,466,378 Est. Cost $1.71 Unrealized —

LBRDK LIBERTY BROADBAND CORP CL C COMMON 10680.0%

Value $21.07M Shares 433,513 Est. Cost $59.31 Unrealized -16.1%

— ANYWHERE REAL ESTATE INC COMMON 6844.7%

Value $13.5M Shares 953,635 Est. Cost $3.33 Unrealized —

XNET XUNLEI LTD ADR 3509.3%

Value $6.923M Shares 976,385 Est. Cost $7.70 Unrealized —

SABR SABRE CORP COMMON 3376.0%

Value $6.66M Shares 4,897,216 Est. Cost $1.72 Unrealized -30.7%

LBRDA LIBERTY BROADBAND CORP CL A COMMON 1909.0%

Value $3.766M Shares 78,011 Est. Cost $61.35 Unrealized -19.1%

SG SWEETGREEN INC CL A COMMON 1285.0%

Value $2.535M Shares 375,000 Est. Cost $6.87 Unrealized -5.5%

ACH OWENS & MINOR INC COMMON 486.1%

Value $959K Shares 342,583 Est. Cost $3.57 Unrealized -35.0%

NOTE FISCALNOTE HOLDINGS INC COMMON 164.7%

Value $325K Shares 221,050 Est. Cost $3.50 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JOYY	JOYY INC ADR	1,103,571	$71.47M	36226.9%	$29.86	—	—	46591M109
—	ECHOSTAR SR UNSEC CONV PIK 3.875 11/30/2030	6,466,378	$21.71M	11005.4%	$1.71	—	—	278768AB2
LBRDK	LIBERTY BROADBAND CORP CL C COMMON	433,513	$21.07M	10680.0%	$59.31	-16.1%	—	530307305
—	ANYWHERE REAL ESTATE INC COMMON	953,635	$13.5M	6844.7%	$3.33	—	—	75605Y106
XNET	XUNLEI LTD ADR	976,385	$6.923M	3509.3%	$7.70	—	—	98419E108
SABR	SABRE CORP COMMON	4,897,216	$6.66M	3376.0%	$1.72	-30.7%	—	78573M104
LBRDA	LIBERTY BROADBAND CORP CL A COMMON	78,011	$3.766M	1909.0%	$61.35	-19.1%	—	530307107
SG	SWEETGREEN INC CL A COMMON	375,000	$2.535M	1285.0%	$6.87	-5.5%	—	87043Q108
ACH	OWENS & MINOR INC COMMON	342,583	$959K	486.1%	$3.57	-35.0%	—	690732102
NOTE	FISCALNOTE HOLDINGS INC COMMON	221,050	$325K	164.7%	$3.50	—	—	337655302

Decreased Positions (3)

MBC MASTERBRAND INC COMMON 6.1%

Value $12,105 (-99.9%) Shares 1,456,640 (-18.2%) Est. Cost $12.05 Unrealized +0.8%

AMWD AMERICAN WOODMARK CORP COMMON 4.3%

Value $8,406 (-99.9%) Shares 211,036 (-9.2%) Est. Cost $60.95 Unrealized -1.6%

SEAT VIVID SEATS INC CL A COMMON 0.1%

Value $158 (-100.0%) Shares 26,738 (-58.1%) Est. Cost $9.83 Unrealized -30.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MBC	MASTERBRAND INC COMMON	1,456,640 (-18.2%)	$12,105 (-99.9%)	6.1%	$12.05	+0.8%	CMN	57638P104
AMWD	AMERICAN WOODMARK CORP COMMON	211,036 (-9.2%)	$8,406 (-99.9%)	4.3%	$60.95	-1.6%	CMN	030506109
SEAT	VIVID SEATS INC CL A COMMON	26,738 (-58.1%)	$158 (-100.0%)	0.1%	$9.83	-30.4%	CMN	92854T209

Unchanged Positions (3)

SATS ECHOSTAR CORP CL A COMMON 49.3%

Value $97,341 Shares 831,480 Est. Cost $25.62 Unrealized +354.2%

DDI DOUBLEDOWN INTERACTIVE CO LTD ADR 0.8%

Value $1,611 Shares 190,605 Est. Cost $9.50 Unrealized —

IRS/WS IRSA INVERSIONES SA WTS EXP 03/25/2026 0.5%

Value $981 Shares 602,130 Est. Cost $0.19 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SATS	ECHOSTAR CORP CL A COMMON	831,480	$97,341	49.3%	$25.62	+354.2%	CMN	278768106
DDI	DOUBLEDOWN INTERACTIVE CO LTD ADR	190,605	$1,611	0.8%	$9.50	—	CMN	25862B109
IRS/WS	IRSA INVERSIONES SA WTS EXP 03/25/2026	602,130	$981	0.5%	$0.19	—	CMN	P5880C134