Alta Fundamental Advisers portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 12, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Alta Fundamental Advisers reported a $276M portfolio of 22 companies (23 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are TDAY, LILAK, PUMP. During the quarter it opened T1 Energy and Charter Communications and exited Delta Air Lines and Public Service Enterprise Group.
Sections with a free account
What changed this quarter
15 positions with a change (5 new, 2 added to, 5 trimmed, 3 sold). 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Delta Air Lines−2.4 ppof portfolioSold out2.6% → —
- Public Service Enterprise Group−1.5 ppof portfolioSold out1.6% → —
- T1 Energy+1.4 ppof portfolioNew— → 1.4%
- Liberty Latin America+1.3 ppof portfolioIncreased10.8% → 10.1%
- Charter Communications+1.3 ppof portfolioNew— → 1.3%
- ProPetro Holding−12%fewer sharesReduced10.1% → 8.1%
- Methanex+1.0 ppof portfolioNew— → 1.0%
- Peabody Energy+20%more sharesIncreased6.5% → 5.0%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- USA TodayTDAY33.2%
- Liberty Latin AmericaLILAK · LILA10.1%
- ProPetro HoldingPUMP8.1%
- Indivior PharmaceuticalsINDV6.0%
- ChemoursCC5.2%
- Core ScientificCORZ5.1%
- Peabody EnergyBTU5.0%
- Abacus Global ManagementABX4.3%
- Genworth FinancialGNW4.1%
- Alpha Metallurgical ResourcesAMR4.1%
- Hudson Pacific PropertiesHPP2.9%
- Expand EnergyEXE2.7%
- Atlanta Braves HoldingsBATRK1.9%
- Archer AviationACHR1.7%
- T1 EnergyTE1.4%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Communication Services 47%
- ● Energy 16%
- ● Materials 11%
- ● Financials 9%
- ● Health Care 7%
- ● Information Technology 6%
- ● Real Estate 3%
- ● Industrials 2%
How its portfolio changed (8 quarters)
Q2 2026: 23
Q2 2026: 84%
Q2 2026: 6.2%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Declared options (3)
Besides stocks, Alta Fundamental Advisers declared 3 calls (they gain if it rises) with a notional of $57.1M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- CALLMeoh Optionsnew this quarter$37.5M
- CALLCorz Options$14.6M
- CALLCC Optionsnew this quarter$5.0M
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 24, 2026 (medium confidence).
The data, as reported: ALTA FUNDAMENTAL ADVISERS LLC (CRD 168642): Institutional mandates; 5.D assets by client type: pension plans 65%, pooled vehicles 33% (of $466M); 5.F 18 accounts, 0% non-discretionary; 5.D 18 clients, 0 individuals
The type comes from a rule applied to that data. If it looks wrong, tell us.
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