Cruiser Capital Advisors, LLC
Long book
$257.3M
Q1 2026
Positions
52
Top-10 weight
88%
concentration
Last quarter
+11.2%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsCruiser Capital Advisors, LLC is a concentrated fundamental stock-picker, running a $257.3M US long book across 52 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: IWM 270115P00245000, State Street SPDR S&P 500 ETF Trust 04/17/2026 620 Put, FTAI AVIATION LTD, API GROUP CORP, CRH PLC.
Over the last 9 quarters its long book ran on average 0.5pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+7.1%
Q2 2024
+6.6%
Q3 2024
+4.7%
Q4 2024
-16.6%
Q1 2025
+8.1%
Q2 2025
+13.0%
Q3 2025
+4.3%
Q4 2025
+6.6%
Q1 2026
+11.2%
Sector allocation
Services media 51%
Industrials 16%
Technology 10%
Financials 9%
Utilities 6%
Consumer discretionary 5%
Other 3%
Materials 0%
Long book by quarter
What does Cruiser Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| FTAI FTAI AVIATION LTD | Services media | 122.7K | $33.7M | 13.1% | -27.9% |
| APG API GROUP CORP | Services media | 240.7K | $9.8M | 3.8% | +0.3% |
| CRH CRH PLC | Industrials | 62.8K | $6.6M | 2.6% | Held |
| GFL GFL ENVIRONMENTAL INC-SUB VT | Utilities | 118.8K | $4.9M | 1.9% | +0.8% |
| NBIS NEBIUS GROUP NV | Technology | 47.4K | $4.9M | 1.9% | -10.5% |
| KINS KINGSTONE COS INC | Financials | 333.7K | $4.9M | 1.9% | -3.0% |
| ASH ASHLAND INC | Consumer discretionary | 66.8K | $3.7M | 1.4% | +123.7% |
| FIP FTAI INFRASTRUCTURE INC | Industrials | 654.4K | $3.2M | 1.3% | +11.4% |
| ORN ORION GROUP HOLDINGS INC | Industrials | 244.1K | $2.7M | 1.0% | Held |
| AGM FEDERAL AGRIC MTG CORP-CL C | Financials | 11.0K | $1.6M | 0.6% | +18.7% |
| AVD AMERICAN VANGUARD CORP | Other | 571.8K | $1.4M | 0.6% | Held |
| NN NEXTNAV INC | Technology | 88.9K | $1.4M | 0.6% | Held |
| TIC TIC SOLUTIONS INC | Services media | 172.7K | $1.1M | 0.4% | -24.9% |
| KD KYNDRYL HOLDINGS INC | Technology | 86.0K | $1.1M | 0.4% | New |
| MOD MODINE MANUFACTURING CO | Industrials | 5.0K | $1.1M | 0.4% | Held |
| GDOT GREEN DOT CORP-CLASS A | Financials | 73.5K | $825K | 0.3% | Held |
| DUOT DUOS TECHNOLOGIES GROUP INC | Technology | 94.9K | $651K | 0.3% | +533.3% |
| GECC GREAT ELM CAPITAL CORP | — | 127.5K | $639K | 0.2% | -2.6% |
| NVRI ENVIRI CORP | Utilities | 32.3K | $633K | 0.2% | -39.7% |
| QXO QXO INC | Consumer discretionary | 10.0K | $550K | 0.2% | Held |
| OSG OCTAVE SPECIALTY GROUP INC | Financials | 108.8K | $506K | 0.2% | +1.5% |
| GTLS CHART INDUSTRIES INC | Industrials | 2.2K | $455K | 0.2% | Held |
| LODE COMSTOCK INC | Other | 95.8K | $292K | 0.1% | +88.6% |
| CECO CECO ENVIRONMENTAL CORP | Industrials | 4.4K | $264K | 0.1% | Held |
| GPGI GPGI INC | Financials | 13.9K | $237K | 0.1% | Held |
| CE CELANESE CORP | Materials | 4.8K | $221K | 0.1% | New |
| BODI BEACHBODY CO INC/THE | Consumer discretionary | 19.8K | $215K | 0.1% | Held |
| SKIL SKILLSOFT CORP | Technology | 44.8K | $192K | 0.1% | -22.5% |
| INVE IDENTIV INC | Technology | 31.8K | $118K | 0.0% | Held |
| TDAY USA TODAY CO INC | Other | 11.1K | $78K | 0.0% | Held |
| STIM NEURONETICS INC | Healthcare | 48.9K | $71K | 0.0% | Held |
| ALITEUR ALIGHT INC - CLASS A | — | 95.9K | $56K | 0.0% | -71.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 53 | $257.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 55 | $118.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 57 | $100.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 49 | $225.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 50 | $74.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 50 | $181.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 52 | $123.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 45 | $72.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 45 | $68.2M | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP