Anchorage Capital Advisors, L.P.
Long book
$172.0M
Q1 2026
Positions
3
Top-10 weight
100%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
33%
of book per quarter
Strategy in plain words
auto-generated from filingsAnchorage Capital Advisors, L.P. is a diversified fundamental manager, running a $172.0M US long book across 3 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: XPLR INFRASTRUCTURE LP, EQUIPMENTSHARE.COM INC-A, GLOBAL BUSINESS TRAVEL GROUP.
Over the last 6 quarters its long book ran on average 4.1pp per quarter ahead of the S&P 500, beating the index in 3 of 6 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
+4.1%
Q1 2025
+45.7%
Q2 2025
-4.3%
Q3 2025
-3.3%
Q4 2025
-3.3%
Q1 2026
+13.4%
Sector allocation
Utilities 48%
Services media 40%
Industrials 12%
Long book by quarter
What does Anchorage Capital own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 6 | $377.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 5 | $807.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 5 | $116.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 6 | $763.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 5 | $74.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 6 | $148.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 10 | $212.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 11 | $363.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 12 | $216.2M | canonical | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC