Cygnus Capital Advisors, LLC

Quant stat arb Low signal CIK 2114319
Long book
$146K
Q1 2026
Positions
111
Top-10 weight
61%
concentration
Last quarter
+14.6%
SPY +14.8%
Turnover
69%
of book per quarter

Strategy in plain words

auto-generated from filings

Cygnus Capital Advisors, LLC is a quantitative fund whose holdings reflect models, not opinions, running a $146K US long book across 111 positions.

The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: HUSQVARNA AB-B SHS, NOVO NORDISK A/S-B, TARGET CORP, ADVANCE AUTO PARTS INC, UNITED PARCEL SERVICE-CL B.

Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2025
+7.8%
Q1 2026
+14.6%

Sector allocation

Other
48%
Technology
16%
Consumer discretionary
12%
Industrials
6%
Healthcare
4%
Services media
4%
Energy
3%
Communications
2%

Long book by quarter

$137.0M
Q4 2025
$146K
Q1 2026

What does Cygnus Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
HUSQBUSD HUSQVARNA AB-B SHS1.0M$37K25.4%Held
NO NOVO NORDISK A/S-B54.8K$13K8.6%New
TGT TARGET CORPConsumer discretionary58.8K$7K4.9%Held
AAP ADVANCE AUTO PARTS INCConsumer discretionary126.2K$7K4.5%+8.0%
UPS UNITED PARCEL SERVICE-CL BIndustrials58.8K$6K4.0%+444.4%
KD KYNDRYL HOLDINGS INCTechnology386.0K$5K3.5%New
S92D SMA SOLAR TECHNOLOGY AG94.8K$4K3.0%-20.2%
PFE PFIZER INCHealthcare142.8K$4K2.7%+1.9%
NINE NINE ENERGY SERVICE INCEnergy455.1K$4K2.5%New
ADBE ADOBE INCTechnology13.8K$3K2.3%New
VSNT VERSANT MEDIA GROUP INCCommunications84.6K$3K2.1%New
TRIP TRIPADVISOR INCTechnology284.1K$3K2.1%+79.1%
WDAY WORKDAY INC-CLASS ATechnology21.8K$3K1.9%New
EZJ EASYJET PLC800.0K$3K1.9%New
WW WW INTERNATIONAL INC-NEWServices media198.2K$3K1.9%+89.5%
NBIS NEBIUS GROUP NVTechnology25.0K$3K1.8%-5.3%
GOOG ALPHABET INC-CL CTechnology8.8K$3K1.7%Held
CNNE CANNAE HOLDINGS INCConsumer discretionary214.8K$2K1.7%+172.6%
SRG SERITAGE GROWTH PROP- AReal estate851.4K$2K1.6%+15.9%
NGL NGL ENERGY PARTNERS LPUtilities180.9K$2K1.5%-29.6%
LHA DEUTSCHE LUFTHANSA-REG308.0K$2K1.5%New
MX MAGNACHIP SEMICONDUCTOR CORPTechnology734.0K$2K1.4%+20.2%
NWL NEWELL BRANDS INCOther559.1K$2K1.3%+740.8%
KVUE KENVUE INCOther102.8K$2K1.2%+66.3%
LYFT LYFT INC-AServices media119.9K$2K1.1%+97.2%
HSAI HESAI GROUPIndustrials8.8K$1K0.8%-12.0%
DALXF SPARTAN DELTA CORP92.8K$1K0.8%-27.5%
NRP NATURAL RESOURCE PARTNERS LPMaterials9.8K$1K0.8%+104.2%
CALY CALLAWAY GOLF COMPANYOther83.1K$1K0.8%-53.7%
GTE GRAN TIERRA ENERGY INCEnergy81.6K$7320.5%-49.0%
SPWR SUNPOWER INCIndustrials526.2K$6680.5%+54.7%
QMCO QUANTUM CORPTechnology124.1K$5900.4%+78.7%
PNDORA PANDORA A/S1.3K$5670.4%New
JLL JONES LANG LASALLE INCReal estate1.8K$5480.4%New
MNRO MONRO INCServices media32.9K$5270.4%+57.5%
VITL VITAL FARMS INCConsumer staples28.3K$4000.3%New
ARLP ALLIANCE RESOURCE PARTNERSMaterials13.6K$3770.3%+3.0%
KMX CARMAX INCConsumer discretionary7.8K$3240.2%+56.0%
AAPL APPLE INCTechnology1.1K$2840.2%Held
PENN PENN ENTERTAINMENT INCServices media18.6K$2800.2%Held
LOECF LOGAN ENERGY CORP CA270.0K$2590.2%-11.5%
CEIEF COELACANTH ENERGY INC258.0K$2170.1%-2.6%
M MACY'S INCConsumer discretionary11.8K$2130.1%-57.9%
CRML CRITICAL METALS CORPMaterials26.6K$2110.1%New
ZYME ZYMEWORKS INCHealthcare8.2K$2050.1%+36.7%
ALITEUR ALIGHT INC - CLASS A350.0K$2040.1%+132.1%
SION SIONNA THERAPEUTICS INCHealthcare3.8K$1520.1%+58.3%
IMNM IMMUNOME INCHealthcare6.9K$1500.1%-13.8%
CYPH CYPHERPUNK TECHNOLOGIES INCHealthcare11.5K$1350.1%New
GPRO GOPRO INC-CLASS AOther161.0K$1240.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026113$146K canonicalSEC ↗
Q4 202513F-HRMay 12, 2026164$137.0M $K fixed canonicalSEC ↗