Monarch Alternative Capital LP Hedge Fund

CIK: 0001281084 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $767,979 (53.6% shares, 46.4% debt)

Holdings (5)

Increased Positions (1)

AMBP ARDAGH METAL PACKAGING S A 2.9%

Value ($000) $21,935 (+463.8%) Shares 5,350,000 (+448.7%) Est. Cost $3.82 Unrealized -0.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMBP	ARDAGH METAL PACKAGING S A	5,350,000 (+448.7%)	$21,935 (+463.8%)	2.9%	$3.82	-0.7%	SHS	L02235106

Decreased Positions (3)

SATS ECHOSTAR CORP 20.5%

Value ($000) $157,072 (-20.8%) Shares 1,445,000 (-44.4%) Est. Cost $45.28 Unrealized +79.8%

— ECHOSTAR CORP 46.4%

Value ($000) $356,510 (+9.9%) Shares 105,230,000 (-20.4%) Est. Cost $1.31 Unrealized —

VISN COMMSCOPE HLDG CO INC 23.2%

Value ($000) $177,853 (+10.7%) Shares 9,809,859 (-5.5%) Est. Cost $5.06 Unrealized +241.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SATS	ECHOSTAR CORP	1,445,000 (-44.4%)	$157,072 (-20.8%)	20.5%	$45.28	+79.8%	CL A	278768106
—	ECHOSTAR CORP	105,230,000 (-20.4%)	$356,510 (+9.9%)	46.4%	$1.31	—	NOTE 3.875% 11/3	278768AB2
VISN	COMMSCOPE HLDG CO INC	9,809,859 (-5.5%)	$177,853 (+10.7%)	23.2%	$5.06	+241.1%	COM	20337X109

Unchanged Positions (1)

GBTG GLOBAL BUSINESS TRAVEL GROUP 7.1%

Value ($000) $54,610 Shares 7,138,582 Est. Cost $7.41 Unrealized +4.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GBTG	GLOBAL BUSINESS TRAVEL GROUP	7,138,582	$54,610	7.1%	$7.41	+4.7%	COM CL A	37890B100