Sycale Advisors (NY) LLC Diversified Active

Location: New York, NY

CIK: 0001811522 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value: $386M (92.3% shares, 7.7% debt)

Holdings (21)

SPY SPDR S&P 500 ETF TR 12.8%

Value $49.47M Shares 84,400 Est. Cost — Unrealized —

EPR EPR PPTYS 8.3%

Value $31.87M Shares 719,758 Est. Cost $42.20 Unrealized —

CAE CAE INC 8.2%

Value $31.48M Shares 1,240,361 Est. Cost $19.29 Unrealized +9.3%

NNI NELNET INC 7.1%

Value $27.56M Shares 258,038 Est. Cost $95.34 Unrealized +15.9%

BUR BURFORD CAP LTD 7.1%

Value $27.51M Shares 2,157,950 Est. Cost $11.86 Unrealized +12.4%

ICE INTERCONTINENTAL EXCHANGE IN 7.0%

Value $27.19M Shares 182,443 Est. Cost $123.04 Unrealized +27.0%

— WAYFAIR INC 5.1%

Value $19.8M Shares 18,500,000 Est. Cost $1.20 Unrealized —

FERG FERGUSON ENTERPRISES INC 5.1%

Value $19.71M Shares 113,533 Est. Cost $197.26 Unrealized -1.4%

UBER UBER TECHNOLOGIES INC 5.0%

Value $19.26M Shares 319,338 Est. Cost $69.92 Unrealized +2.1%

IWM ISHARES TR 4.4%

Value $16.84M Shares 76,200 Est. Cost — Unrealized —

APG API GROUP CORP 4.1%

Value $15.63M Shares 434,630 Est. Cost $23.78 Unrealized 0.0%

NCMI NATIONAL CINEMEDIA INC 3.7%

Value $14.15M Shares 2,130,528 Est. Cost $6.88 Unrealized 0.0%

VRRM VERRA MOBILITY CORP 3.3%

Value $12.65M Shares 523,308 Est. Cost $24.77 Unrealized 0.0%

GENI GENIUS SPORTS LIMITED 3.1%

Value $12.11M Shares 1,400,342 Est. Cost $8.35 Unrealized 0.0%

HHH HOWARD HUGHES HOLDINGS INC 2.7%

Value $10.57M Shares 137,426 Est. Cost $70.63 Unrealized +12.7%

— AIR TRANS SVCS GROUP INC 2.6%

Value $9.934M Shares 10,000,000 Est. Cost $0.94 Unrealized —

LH LABCORP HOLDINGS INC 2.5%

Value $9.734M Shares 42,449 Est. Cost $199.50 Unrealized +13.5%

SLM SLM CORP 2.4%

Value $9.213M Shares 334,035 Est. Cost $21.55 Unrealized +14.8%

GRND GRINDR INC 2.3%

Value $8.858M Shares 496,506 Est. Cost $8.66 Unrealized +68.3%

TKO TKO GROUP HOLDINGS INC 1.6%

Value $6.257M Shares 44,029 Est. Cost $93.74 Unrealized +37.6%

W WAYFAIR INC 1.6%

Value $6.023M Shares 135,903 Est. Cost $51.77 Unrealized -8.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	84,400	$49.47M	12.8%	—	—	Put	78462F103
EPR	EPR PPTYS	719,758	$31.87M	8.3%	$42.20	—	COM SH BEN INT	26884U109
CAE	CAE INC	1,240,361	$31.48M	8.2%	$19.29	+9.3%	COM	124765108
NNI	NELNET INC	258,038	$27.56M	7.1%	$95.34	+15.9%	CL A	64031N108
BUR	BURFORD CAP LTD	2,157,950	$27.51M	7.1%	$11.86	+12.4%	ORD SHS	G17977110
ICE	INTERCONTINENTAL EXCHANGE IN	182,443	$27.19M	7.0%	$123.04	+27.0%	COM	45866F104
—	WAYFAIR INC	18,500,000	$19.8M	5.1%	$1.20	—	NOTE 3.250% 9/1	94419LAP6
FERG	FERGUSON ENTERPRISES INC	113,533	$19.71M	5.1%	$197.26	-1.4%	COMMON STOCK NEW	31488V107
UBER	UBER TECHNOLOGIES INC	319,338	$19.26M	5.0%	$69.92	+2.1%	COM	90353T100
IWM	ISHARES TR	76,200	$16.84M	4.4%	—	—	Put	464287655
APG	API GROUP CORP	434,630	$15.63M	4.1%	$23.78	0.0%	COM STK	00187Y100
NCMI	NATIONAL CINEMEDIA INC	2,130,528	$14.15M	3.7%	$6.88	0.0%	COM NEW	635309206
VRRM	VERRA MOBILITY CORP	523,308	$12.65M	3.3%	$24.77	0.0%	CL A COM STK	92511U102
GENI	GENIUS SPORTS LIMITED	1,400,342	$12.11M	3.1%	$8.35	0.0%	SHARES CL A	G3934V109
HHH	HOWARD HUGHES HOLDINGS INC	137,426	$10.57M	2.7%	$70.63	+12.7%	COM	44267T102
—	AIR TRANS SVCS GROUP INC	10,000,000	$9.934M	2.6%	$0.94	—	NOTE 3.875% 8/1	00922RAD7
LH	LABCORP HOLDINGS INC	42,449	$9.734M	2.5%	$199.50	+13.5%	COM SHS	504922105
SLM	SLM CORP	334,035	$9.213M	2.4%	$21.55	+14.8%	COM	78442P106
GRND	GRINDR INC	496,506	$8.858M	2.3%	$8.66	+68.3%	COM	39854F101
TKO	TKO GROUP HOLDINGS INC	44,029	$6.257M	1.6%	$93.74	+37.6%	CL A	87256C101
W	WAYFAIR INC	135,903	$6.023M	1.6%	$51.77	-8.9%	CL A	94419L101