SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Alta Fundamental Advisers LLC

CIK 0001641604 · 780 THIRD AVENUE, SUITE 2203, NEW YORK, NY, 10017 · 2123191778

Reported Value
$206M
Q2 2023
Positions
13
Filings on Record
31
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Alta Fundamental Advisers LLC reported $206M in U.S.-listed holdings across 13 positions for Q2 2023.

The portfolio is heavily concentrated: AMR alone accounts for 36.7% of reported value.

Compared with Q1 2023, the fund opened 3 new positions and exited 8.

Portfolio Metrics

Turnover
+20.5%
vs prior filed quarter
Top-10 Concentration
+87.4%
share of reported value
Largest Position
+36.7%
Alpha Metallurgical Resource
New / Exited
3 / 8
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. 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
Q4 ’18: $173MQ4 ’18Q1 ’19: $149MQ2 ’19: $154MQ3 ’19: $149MQ4 ’19: $108MQ4 ’19Q1 ’20: $68MQ2 ’20: $81MQ3 ’20: $95MQ4 ’20: $142MQ4 ’20Q1 ’21: $168MQ2 ’21: $383MQ3 ’21: $232MQ4 ’21: $292MQ4 ’21Q1 ’22: $303MQ2 ’22: $270MQ3 ’22: $230MQ4 ’22: $231MQ4 ’22Q1 ’23: $236MQ2 ’23: $206MQ3 ’23: $210MQ4 ’23: $221MQ4 ’23Q1 ’24: $264MQ2 ’24: $316MQ3 ’24: $347MQ4 ’24: $334MQ4 ’24Q1 ’25: $156MQ2 ’25: $195MQ3 ’25: $234MQ4 ’25: $222MQ4 ’25Q1 ’26: $265Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 83.3%Other: 16.7%
  • Common Stock · 83.3% · $171M
  • Other · 16.7% · $34M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SBGI OPTIONSNEW+2.12M2.12M+$24M$24M
INDIVIOR PLCNEW+150.0K150.0K+$3M$3M
NEOLEUKIN THERAPEUTICS INCNEW+89.7K89.7K+$74,453$74,453
MALLINCKRODT PLCADDED+1.22M1.95M−$3M$2M
HTZHERTZ GLOBAL HLDGS INCSOLD OUT−827.8K0−$13M$0
NY4BClearway Energy Inc - Class ASOLD OUT−436.3K0−$13M$0
JBGSJBG SMITH PROPERTIESSOLD OUT−378.6K0−$6M$0
B RILEY PRINCIPAL 250 MERG-ASOLD OUT−247.0K0−$3M$0

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

Holdings — Q2 2023

12 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMRALPHA METALLURGICAL RESOURCEhistory →COM36.66%$75M458.4K
2LUCKBOWLERO CORPhistory →CL A COM18.31%$38M3.23M
3TDAYGannett Co Inc NEWhistory →COM14.39%$30M13.15M
4EXECHESAPEAKE ENERGY CORPhistory →COM8.71%$18M213.9K
5ODP1ODP CORP/THEhistory →COM2.16%$4M94.8K
6OXQ1Advanced Emissions Solutions, Inc.history →COM1.82%$4M2.01M
7EAST RESOURCES ACQUISITION-ACOM CL A1.71%$4M350.0K
8INDIVIOR PLCORD1.33%$3M150.0K
9MISTMILESTONE PHARMACEUTICALS INhistory →COM1.25%$3M898.0K
10MALLINCKRODT PLCORD SHS1.12%$2M1.95M
11ORIGIN MATERIALS INCCOM0.94%$2M452.0K
12NEOLEUKIN THERAPEUTICS INCCOM0.04%$74,45389.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$265M23May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$222M23Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$234M27Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$195M22Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$156M20May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$334M27Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$347M30Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$316M28Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$264M21May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$221M18Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$210M17Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$206M13Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$236M18May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$231M24Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$230M22Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$270M24Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$303M24May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$292M19Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$232M24Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021REVEALED$383M51Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$168M20May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$142M22Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$95M15Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$81M14Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$68M16May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$108M19Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$149M18Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$154M18Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$149M18May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$173M23Feb 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 ↗.