STONEHILL CAPITAL MANAGEMENT LLC

PrivateCIK: 1266227

Location

NEW YORK, NY

Positions

$350.1K

Total AUM (reported)

29.58M

Total Shares

Allocation by class

CMN$350.1K100.0%

Portfolio Concentration

Top 3$255.1K72.9%

4–10$85.5K24.4%

11–25$9.6K2.7%

Top 3 weight

72.9%

Top 10 weight

97.3%

Voting Authority Distribution

Total shares with voting rights: 29.58M

Sole

Full voting authority

29.58M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole15

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings15

Rows:

ECHOSTAR CORP CL A COMMON

SOLE

CMN

Shares1.99M

TypeSH

Market value$202.2K

57.75%

Sole

1.99M

Shared

0.00

None

0.00

MASTERBRAND INC COMMON

SOLE

CMN

Shares2.66M

TypeSH

Market value$27.4K

7.83%

Sole

2.66M

Shared

0.00

None

0.00

USA TODAY CO INC COMMON

SOLE

CMN

Shares2.98M

TypeSH

Market value$25.5K

7.28%

Sole

2.98M

Shared

0.00

None

0.00

SERVICE PROPERTIES TRUST REIT

SOLE

CMN

Shares14.14M

TypeSH

Market value$23.9K

6.82%

Sole

14.14M

Shared

0.00

None

0.00

FORTUNE BRANDS INNOVATIONS INC COMMON

SOLE

CMN

Shares350K

TypeSH

Market value$19.2K

5.49%

Sole

350K

Shared

0.00

None

0.00

ROBERT HALF INC COMMON

SOLE

CMN

Shares363.31K

TypeSH

Market value$11.2K

3.19%

Sole

363.31K

Shared

0.00

None

0.00

MANPOWERGROUP INC COMMON

SOLE

CMN

Shares299.94K

TypeSH

Market value$10.1K

2.89%

Sole

299.94K

Shared

0.00

None

0.00

CADIZ INC COMMON

SOLE

CMN

Shares2.13M

TypeSH

Market value$8.9K

2.54%

Sole

2.13M

Shared

0.00

None

0.00

DOUBLEDOWN INTERACTIVE CO LTD ADR

SOLE

CMN

Shares677.13K

TypeSH

Market value$7.8K

2.22%

Sole

677.13K

Shared

0.00

None

0.00

HERTZ GLOBAL HOLDINGS INC COMMON

SOLE

CMN

Shares1.95M

TypeSH

Market value$4.4K

1.26%

Sole

1.95M

Shared

0.00

None

0.00

VIASAT INC COMMON

SOLE

CMN

Shares31.48K

TypeSH

Market value$2.8K

0.81%

Sole

31.48K

Shared

0.00

None

0.00

ELME COMMUNITIES REIT

SOLE

CMN

Shares1.82M

TypeSH

Market value$2.7K

0.77%

Sole

1.82M

Shared

0.00

None

0.00

ZIFF DAVIS INC COMMON

SOLE

CMN

Shares50K

TypeSH

Market value$2.6K

0.75%

Sole

50K

Shared

0.00

None

0.00

IRSA SA ADR

SOLE

CMN

Shares80.67K

TypeSH

Market value$1.2K

0.36%

Sole

80.67K

Shared

0.00

None

0.00

ZIPRECRUITER INC CL A COMMON

SOLE

CMN

Shares51.63K

TypeSH

Market value$194.00

0.06%

Sole

51.63K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ECHOSTAR CORP CL A COMMONSOLE	CMN	1.99M	SH	$202.2K 57.75%	1.99M
MASTERBRAND INC COMMONSOLE	CMN	2.66M	SH	$27.4K 7.83%	2.66M
USA TODAY CO INC COMMONSOLE	CMN	2.98M	SH	$25.5K 7.28%	2.98M
SERVICE PROPERTIES TRUST REITSOLE	CMN	14.14M	SH	$23.9K 6.82%	14.14M
FORTUNE BRANDS INNOVATIONS INC COMMONSOLE	CMN	350K	SH	$19.2K 5.49%	350K
ROBERT HALF INC COMMONSOLE	CMN	363.31K	SH	$11.2K 3.19%	363.31K
MANPOWERGROUP INC COMMONSOLE	CMN	299.94K	SH	$10.1K 2.89%	299.94K
CADIZ INC COMMONSOLE	CMN	2.13M	SH	$8.9K 2.54%	2.13M
DOUBLEDOWN INTERACTIVE CO LTD ADRSOLE	CMN	677.13K	SH	$7.8K 2.22%	677.13K
HERTZ GLOBAL HOLDINGS INC COMMONSOLE	CMN	1.95M	SH	$4.4K 1.26%	1.95M
VIASAT INC COMMONSOLE	CMN	31.48K	SH	$2.8K 0.81%	31.48K
ELME COMMUNITIES REITSOLE	CMN	1.82M	SH	$2.7K 0.77%	1.82M
ZIFF DAVIS INC COMMONSOLE	CMN	50K	SH	$2.6K 0.75%	50K
IRSA SA ADRSOLE	CMN	80.67K	SH	$1.2K 0.36%	80.67K
ZIPRECRUITER INC CL A COMMONSOLE	CMN	51.63K	SH	$194.00 0.06%	51.63K