CYRUS CAPITAL PARTNERS, L.P. Quant / Systematic

Location: New York, NY

CIK: 0001166564 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $528M (96.4% shares, 3.6% debt)

Holdings (9)

— GARRETT MOTION INC 39.8%

Value $210M Shares 23,636,315 Est. Cost $8.38 Unrealized —

— DENBURY INC 22.5%

Value $119M Shares 1,359,726 Est. Cost $32.21 Unrealized —

GTX GARRETT MOTION INC 14.8%

Value $78.29M Shares 10,220,254 Est. Cost $6.62 Unrealized +16.9%

— SPIRIT AIRLS INC 6.8%

Value $36.12M Shares 2,115,870 Est. Cost $17.07 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 5.8%

Value $30.88M Shares 740,976 Est. Cost $8.64 Unrealized +251.5%

— OVERSEAS SHIPHOLDING GROUP I 5.3%

Value $28.24M Shares 7,240,767 Est. Cost $2.60 Unrealized —

— CORENERGY INFRASTRUCTURE TR 3.6%

Value $19.28M Shares 28,170,000 Est. Cost $0.74 Unrealized —

ICMB INVESTCORP CR MGMT BDC INC 0.8%

Value $4.398M Shares 1,204,836 Est. Cost $7.11 Unrealized -45.9%

FET FORUM ENERGY TECHNOLOGIES IN 0.4%

Value $2M Shares 78,641 Est. Cost $29.30 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	GARRETT MOTION INC	23,636,315	$210M	39.8%	$8.38	—	PFD CONV SER A	366505204
—	DENBURY INC	1,359,726	$119M	22.5%	$32.21	—	COM	24790A101
GTX	GARRETT MOTION INC	10,220,254	$78.29M	14.8%	$6.62	+16.9%	COM	366505105
—	SPIRIT AIRLS INC	2,115,870	$36.12M	6.8%	$17.07	—	COM	848577102
INSW	INTERNATIONAL SEAWAYS INC	740,976	$30.88M	5.8%	$8.64	+251.5%	COM	Y41053102
—	OVERSEAS SHIPHOLDING GROUP I	7,240,767	$28.24M	5.3%	$2.60	—	CL A NEW	69036R863
—	CORENERGY INFRASTRUCTURE TR	28,170,000	$19.28M	3.6%	$0.74	—	NOTE 5.875% 8/1	21870UAC0
ICMB	INVESTCORP CR MGMT BDC INC	1,204,836	$4.398M	0.8%	$7.11	-45.9%	COM	46090R104
FET	FORUM ENERGY TECHNOLOGIES IN	78,641	$2M	0.4%	$29.30	0.0%	COM	34984V209