SEC 13F Intelligence

Managers / Q2 2023 · view latest →

STONEHILL CAPITAL MANAGEMENT LLC

CIK 0001266227 · 320 PARK AVE., 26TH FLOOR, NEW YORK, NY, 10022 · 212 739 7474

Reported Value
$169M
Q2 2023
Positions
11
Filings on Record
29
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Stonehill Capital Management LLC reported $169M in U.S.-listed holdings across 11 positions for Q2 2023.

Its largest position, Iqiyi Inc Sr Unsec Conv, represents 17.3% of the portfolio.

Compared with Q1 2023, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+11.1%
vs prior filed quarter
Top-10 Concentration
+54.0%
share of reported value
Largest Position
+17.3%
Iqiyi Inc Sr Unsec Conv
New / Exited
1 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $332MQ1 ’19Q2 ’19: $349MQ3 ’19: $368MQ4 ’19: $294MQ1 ’20: $302MQ1 ’20Q2 ’20: $383MQ3 ’20: $185MQ4 ’20: $330MQ1 ’21: $213MQ1 ’21Q2 ’21: $206MQ3 ’21: $210MQ4 ’21: $455MQ1 ’22: $216MQ1 ’22Q2 ’22: $150MQ3 ’22: $123MQ4 ’22: $93MQ1 ’23: $193MQ1 ’23Q2 ’23: $169MQ3 ’23: $63MQ4 ’23: $51MQ1 ’24: $45MQ1 ’24Q2 ’24: $134MQ3 ’24: $167MQ4 ’24: $236MQ1 ’25: $328MQ1 ’25Q2 ’25: $228MQ3 ’25: $280MQ4 ’25: $334MQ1 ’26: $197MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 49.1%Common Stock: 29.6%US DOMESTIC: 17.3%REIT: 3.0%ADR: 0.9%Other: 0.2%
  • ETP · 49.1% · $83M
  • Common Stock · 29.6% · $50M
  • US DOMESTIC · 17.3% · $29M
  • REIT · 3.0% · $5M
  • ADR · 0.9% · $1M
  • Other · 0.2% · $265,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES IBOXX HIGH YEILD CORPORATE BOND ETFNEW+70.0K70.0K+$5M$5M
THCTENET HEALTHCARE CORP COMMONSOLD OUT−262.7K0−$16M$0
BEYOND MEAT INC SR UNSEC CONVSOLD OUT−9.10M0−$2M$0
IRSA ADRSOLD OUT−83.8K0−$487,000$0
INNOVATE CORP COMMONADDED+227.4K498.6K+$67,000$873,000
NBISYANDEX NV - CL A COMMONTRIMMED−300.0K442.1K+$0$0
SPYSPDR S&P 500 ETFTRIMMED−75.0K175.0K−$25M$78M
IQIYI INC SR UNSEC CONVADDED+5.00M30.97M+$6M$29M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IQIYI INC SR UNSEC CONVNOTE17.27%$29M30.97M
2ATEXANTERIX INC COMMONhistory →CMN16.45%$28M874.9K
3FISCALNOTE HOLDINGS INC COMMONCMN12.57%$21M5.82M
4ISHARES IBOXX HIGH YEILD CORPORATE BOND ETFCMN3.12%$5M70.0K
5NXDTNEXTPOINT DIVERSIFIED REAL ESTATE CLOSED-END FUNDhistory →CMN3.01%$5M405.2K
6TRIBGBPTRINITY BIOTECH PLC ADRCMN0.85%$1M1.51M
7INNOVATE CORP COMMONCMN0.52%$873,000498.6K
8IRSA INVERSIONES SA WTS EXP 03/25/2026CMN0.16%$265,000602.1K
9FPHFIVE POINTS HOLDINGS LLC - CL A COMMONCMN0.03%$57,00019.8K
10NBISYANDEX NV - CL A COMMONCMN0.00%$0442.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$197M15May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$334M22Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$280M15Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$228M14Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$328M12May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$236M10Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$167M11Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$134M10Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$45M6May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$51M9Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$63M9Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$169M11Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$193M13May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$93M13Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$123M14Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$150M14Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$216M16May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$455M25Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$210M18Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$206M17Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$213M13May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$330M19Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$185M14Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$383M20Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$302M31May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$294M16Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$368M16Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$349M12Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$332M14May 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.