CYRUS CAPITAL PARTNERS, L.P.

Fundamental diversified ★Signal CIK 1166564
Long book
$150.0M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+17.0%
SPY +14.8%
Turnover
20%
of book per quarter

Strategy in plain words

auto-generated from filings

CYRUS CAPITAL PARTNERS, L.P. is a diversified fundamental manager, running a $150.0M US long book across 5 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ECHOSTAR CORP-A, GARRETT MOTION INC, CAESARS ENTERTAINMENT INC, METHANEX CORP, NEBIUS GROUP NV.

Over the last 9 quarters its long book ran on average 7.9pp per quarter ahead of the S&P 500, beating the index in 6 of 9 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
Q1 2024
-13.2%
Q2 2024
-4.8%
Q3 2024
+8.3%
Q4 2024
-4.9%
Q1 2025
+23.4%
Q2 2025
+47.4%
Q3 2025
+30.6%
Q4 2025
+7.4%
Q1 2026
+17.0%

Sector allocation

Communications
45%
Industrials
26%
Services media
25%
Other
3%
Technology
0%

Long book by quarter

$323.8M
Q1 2024
$234.9M
Q2 2024
$254.4M
Q3 2024
$291.8M
Q4 2024
$274.4M
Q1 2025
$307.4M
Q2 2025
$337.2M
Q3 2025
$190.3M
Q4 2025
$150.0M
Q1 2026

What does CYRUS CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ECHO ECHOSTAR CORP-ACommunications576.6K$67.5M45.0%Held
GTX GARRETT MOTION INCIndustrials2.2M$39.2M26.2%-68.5%
CZR CAESARS ENTERTAINMENT INCServices media1.4M$37.8M25.2%New
MEOH METHANEX CORPOther82.5K$4.9M3.3%-49.7%
NBIS NEBIUS GROUP NVTechnology5.0K$519K0.3%-75.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 28, 20266$196.2M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20265$272.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 20254$416.9M canonicalSEC ↗
Q2 202513F-HRAug 14, 20256$381.7M canonicalSEC ↗
Q1 202513F-HRMay 15, 20255$329.0M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20256$343.1M canonicalSEC ↗
Q3 202413F-HRNov 14, 20246$463.0M canonicalSEC ↗
Q2 202413F-HRAug 14, 20244$367.1M canonicalSEC ↗
Q1 202413F-HRMay 15, 20248$371.2M canonicalSEC ↗