Sycale Advisors (NY) LLC Diversified Active

Location: New York, NY

CIK: 0001811522 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value: $331M (95.7% shares, 4.3% debt)

Holdings (20)

SPY SPDR S&P 500 ETF TR 32.3%

Value $107M Shares 224,300 Est. Cost — Unrealized —

NNI NELNET INC 9.5%

Value $31.51M Shares 357,139 Est. Cost $91.28 Unrealized -5.2%

ICE INTERCONTINENTAL EXCHANGE IN 9.2%

Value $30.25M Shares 235,568 Est. Cost $111.07 Unrealized -0.6%

TKO TKO GROUP HOLDINGS INC 8.1%

Value $26.88M Shares 329,523 Est. Cost $93.74 Unrealized -16.4%

BUR BURFORD CAP LTD 5.7%

Value $18.8M Shares 1,204,858 Est. Cost $9.60 Unrealized +37.1%

GOOGL ALPHABET INC 5.0%

Value $16.56M Shares 118,555 Est. Cost $114.25 Unrealized +16.7%

— LIONS GATE ENTMNT CORP 4.5%

Value $14.89M Shares 1,461,227 Est. Cost $8.92 Unrealized —

CNK CINEMARK HLDGS INC 4.4%

Value $14.4M Shares 1,022,104 Est. Cost $15.98 Unrealized -3.9%

— BALLYS CORPORATION 3.2%

Value $10.67M Shares 765,507 Est. Cost $27.17 Unrealized —

ACWI ISHARES TR 2.9%

Value $9.487M Shares 93,216 Est. Cost $90.20 Unrealized —

— WAYFAIR INC 2.9%

Value $9.485M Shares 10,750,000 Est. Cost $0.88 Unrealized —

PYPL PAYPAL HLDGS INC 2.2%

Value $7.265M Shares 118,307 Est. Cost $114.05 Unrealized -49.9%

GOGO GOGO INC 2.2%

Value $7.138M Shares 704,600 Est. Cost $15.26 Unrealized -30.5%

W WAYFAIR INC 1.9%

Value $6.251M Shares 101,310 Est. Cost $52.26 Unrealized 0.0%

FERG1GBX FERGUSON PLC NEW 1.8%

Value $5.947M Shares 30,800 Est. Cost $170.04 Unrealized —

— AIR TRANS SVCS GROUP INC 1.5%

Value $4.883M Shares 5,100,000 Est. Cost $0.94 Unrealized —

EXPE EXPEDIA GROUP INC 1.4%

Value $4.554M Shares 30,000 Est. Cost $105.41 Unrealized +15.2%

GRND GRINDR INC 0.9%

Value $2.99M Shares 340,521 Est. Cost $6.76 Unrealized 0.0%

— LIONS GATE ENTMNT CORP 0.5%

Value $1.749M Shares 160,474 Est. Cost $10.90 Unrealized —

— AIR TRANSPORT SERVICES GRP I 0.1%

Value $223K Shares 12,651 Est. Cost $24.44 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	224,300	$107M	32.3%	—	—	Put	78462F103
NNI	NELNET INC	357,139	$31.51M	9.5%	$91.28	-5.2%	CL A	64031N108
ICE	INTERCONTINENTAL EXCHANGE IN	235,568	$30.25M	9.2%	$111.07	-0.6%	COM	45866F104
TKO	TKO GROUP HOLDINGS INC	329,523	$26.88M	8.1%	$93.74	-16.4%	CL A	87256C101
BUR	BURFORD CAP LTD	1,204,858	$18.8M	5.7%	$9.60	+37.1%	ORD SHS	G17977110
GOOGL	ALPHABET INC	118,555	$16.56M	5.0%	$114.25	+16.7%	CAP STK CL A	02079K305
—	LIONS GATE ENTMNT CORP	1,461,227	$14.89M	4.5%	$8.92	—	CL B NON VTG	535919500
CNK	CINEMARK HLDGS INC	1,022,104	$14.4M	4.4%	$15.98	-3.9%	COM	17243V102
—	BALLYS CORPORATION	765,507	$10.67M	3.2%	$27.17	—	COM	05875B106
ACWI	ISHARES TR	93,216	$9.487M	2.9%	$90.20	—	MSCI ACWI ETF	464288257
—	WAYFAIR INC	10,750,000	$9.485M	2.9%	$0.88	—	NOTE 1.000% 8/1	94419LAF8
PYPL	PAYPAL HLDGS INC	118,307	$7.265M	2.2%	$114.05	-49.9%	COM	70450Y103
GOGO	GOGO INC	704,600	$7.138M	2.2%	$15.26	-30.5%	Put	38046C109
W	WAYFAIR INC	101,310	$6.251M	1.9%	$52.26	0.0%	CL A	94419L101
FERG1GBX	FERGUSON PLC NEW	30,800	$5.947M	1.8%	$170.04	—	SHS	G3421J106
—	AIR TRANS SVCS GROUP INC	5,100,000	$4.883M	1.5%	$0.94	—	NOTE 1.125%10/1	00922RAB1
EXPE	EXPEDIA GROUP INC	30,000	$4.554M	1.4%	$105.41	+15.2%	COM NEW	30212P303
GRND	GRINDR INC	340,521	$2.99M	0.9%	$6.76	0.0%	COM	39854F101
—	LIONS GATE ENTMNT CORP	160,474	$1.749M	0.5%	$10.90	—	CL A VTG	535919401
—	AIR TRANSPORT SERVICES GRP I	12,651	$223K	0.1%	$24.44	—	COM	00922R105