Managers / Q1 2026
Anchorage Capital Advisors, L.P.
CIK 0002007642 · 610 BROADWAY, 6TH FLOOR, NEW YORK, NY, 10012 · (212) 432-4600
Summary
Anchorage Capital Advisors, L.P. reported $378M in U.S.-listed holdings across 6 positions for Q1 2026.
The portfolio is heavily concentrated: XIFR alone accounts for 21.8% of reported value.
Compared with Q4 2025, the fund opened 1 new position and exited 0.
Portfolio Metrics
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
Portfolio Composition
- ETP · 52.6% · $199M
- Common Stock · 45.5% · $172M
- US DOMESTIC · 1.9% · $7M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| EQPTEQUIPMENTSHARE COM INC | NEW | +3.41M | 3.41M | +$70M | $70M |
| ISHARES TR | TRIMMED | −6.20M | 2.50M | −$503M | $199M |
| XIFRXPLR INFRASTRUCTURE LP | ADDED | +854.3K | 7.75M | +$13M | $82M |
| GBTGGLOBAL BUSINESS TRAVEL GROUP | HELD | +0 | 3.59M | −$7M | $20M |
| LIBERTY MEDIA CORP DEL | HELD | +0 | 95.58M | −$2M | $4M |
| LIBERTY MEDIA CORP DEL | HELD | +0 | 54.67M | −$358,808 | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | XIFRXPLR INFRASTRUCTURE LPhistory → | COM UNIT PART IN | 21.79% | $82M | 7.75M |
| 2 | EQPTEQUIPMENTSHARE COM INChistory → | COM CL A | 18.41% | $70M | 3.41M |
| 3 | GBTGGLOBAL BUSINESS TRAVEL GROUPhistory → | COM CL A | 5.31% | $20M | 3.59M |
| 4 | LIBERTY MEDIA CORP DEL | DEB 3.750% 2/1 · DEB 4.000%11/1 | 1.86% | $7M | 150.25M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $378M | 6 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $807M | 5 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $117M | 5 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $763M | 6 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $74M | 5 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $149M | 6 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $213M | 10 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $363M | 11 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $216M | 12 | May 15, 2024 | 13F-HR | changes · 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 ↗.