Sycale Advisors (NY) LLC Diversified Active

CIK: 0001811522 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $362,995 (92.2% shares, 7.8% debt)

Holdings (23)

SPY SPDR S&P 500 ETF TR 14.5%

Value ($000) $52,750 Shares 94,300 Est. Cost — Unrealized —

CAE CAE INC 8.4%

Value ($000) $30,340 Shares 1,233,825 Est. Cost $19.29 Unrealized +26.3%

NNI NELNET INC 6.8%

Value ($000) $24,723 Shares 222,871 Est. Cost $95.34 Unrealized +17.4%

BUR BURFORD CAP LTD 6.6%

Value ($000) $23,870 Shares 1,806,988 Est. Cost $11.86 Unrealized +17.7%

MSFT MICROSOFT CORP 5.9%

Value ($000) $21,313 Shares 56,775 Est. Cost $405.08 Unrealized 0.0%

APG API GROUP CORP 5.6%

Value ($000) $20,296 Shares 567,570 Est. Cost $24.08 Unrealized +4.0%

FERG FERGUSON ENTERPRISES INC 5.5%

Value ($000) $20,034 Shares 125,033 Est. Cost $194.81 Unrealized -12.4%

CP CANADIAN PACIFIC KANSAS CITY 4.7%

Value ($000) $17,220 Shares 245,265 Est. Cost $75.61 Unrealized 0.0%

ICE INTERCONTINENTAL EXCHANGE IN 4.6%

Value ($000) $16,759 Shares 97,152 Est. Cost $123.04 Unrealized +31.7%

VRRM VERRA MOBILITY CORP 4.6%

Value ($000) $16,664 Shares 740,305 Est. Cost $24.57 Unrealized -2.0%

TKO TKO GROUP HOLDINGS INC 4.6%

Value ($000) $16,559 Shares 108,363 Est. Cost $127.71 Unrealized +18.2%

NCMI NATIONAL CINEMEDIA INC 3.9%

Value ($000) $13,977 Shares 2,393,345 Est. Cost $6.83 Unrealized -6.1%

UBER UBER TECHNOLOGIES INC 3.8%

Value ($000) $13,933 Shares 191,232 Est. Cost $69.92 Unrealized +3.0%

— WAYFAIR INC 3.5%

Value ($000) $12,864 Shares 12,000,000 Est. Cost $1.07 Unrealized —

— AIR TRANS SVCS GROUP INC 2.7%

Value ($000) $9,966 Shares 10,000,000 Est. Cost $0.94 Unrealized —

SLM SLM CORP 2.7%

Value ($000) $9,864 Shares 335,838 Est. Cost $21.55 Unrealized +35.7%

MELI MERCADOLIBRE INC 2.4%

Value ($000) $8,670 Shares 4,444 Est. Cost $1984.94 Unrealized 0.0%

GENI GENIUS SPORTS LIMITED 2.2%

Value ($000) $8,040 Shares 803,235 Est. Cost $8.35 Unrealized +11.1%

W WAYFAIR INC 1.7%

Value ($000) $6,233 Shares 194,608 Est. Cost $48.69 Unrealized -14.6%

EWW ISHARES INC 1.7%

Value ($000) $6,141 Shares 120,500 Est. Cost $50.96 Unrealized —

— WAYFAIR INC 1.6%

Value ($000) $5,650 Shares 5,750,000 Est. Cost $1.20 Unrealized —

— SOHO HOUSE & CO INC 1.2%

Value ($000) $4,192 Shares 678,248 Est. Cost $6.18 Unrealized —

CMPR CIMPRESS PLC 0.8%

Value ($000) $2,936 Shares 64,923 Est. Cost $56.20 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	94,300	$52,750	14.5%	—	—	Put	78462F103
CAE	CAE INC	1,233,825	$30,340	8.4%	$19.29	+26.3%	COM	124765108
NNI	NELNET INC	222,871	$24,723	6.8%	$95.34	+17.4%	CL A	64031N108
BUR	BURFORD CAP LTD	1,806,988	$23,870	6.6%	$11.86	+17.7%	ORD SHS	G17977110
MSFT	MICROSOFT CORP	56,775	$21,313	5.9%	$405.08	0.0%	COM	594918104
APG	API GROUP CORP	567,570	$20,296	5.6%	$24.08	+4.0%	COM STK	00187Y100
FERG	FERGUSON ENTERPRISES INC	125,033	$20,034	5.5%	$194.81	-12.4%	COMMON STOCK NEW	31488V107
CP	CANADIAN PACIFIC KANSAS CITY	245,265	$17,220	4.7%	$75.61	0.0%	COM	13646K108
ICE	INTERCONTINENTAL EXCHANGE IN	97,152	$16,759	4.6%	$123.04	+31.7%	COM	45866F104
VRRM	VERRA MOBILITY CORP	740,305	$16,664	4.6%	$24.57	-2.0%	CL A COM STK	92511U102
TKO	TKO GROUP HOLDINGS INC	108,363	$16,559	4.6%	$127.71	+18.2%	CL A	87256C101
NCMI	NATIONAL CINEMEDIA INC	2,393,345	$13,977	3.9%	$6.83	-6.1%	COM NEW	635309206
UBER	UBER TECHNOLOGIES INC	191,232	$13,933	3.8%	$69.92	+3.0%	COM	90353T100
—	WAYFAIR INC	12,000,000	$12,864	3.5%	$1.07	—	NOTE 3.500%11/1	94419LAR2
—	AIR TRANS SVCS GROUP INC	10,000,000	$9,966	2.7%	$0.94	—	NOTE 3.875% 8/1	00922RAD7
SLM	SLM CORP	335,838	$9,864	2.7%	$21.55	+35.7%	COM	78442P106
MELI	MERCADOLIBRE INC	4,444	$8,670	2.4%	$1984.94	0.0%	COM	58733R102
GENI	GENIUS SPORTS LIMITED	803,235	$8,040	2.2%	$8.35	+11.1%	SHARES CL A	G3934V109
W	WAYFAIR INC	194,608	$6,233	1.7%	$48.69	-14.6%	CL A	94419L101
EWW	ISHARES INC	120,500	$6,141	1.7%	$50.96	—	MSCI MEXICO ETF	464286822
—	WAYFAIR INC	5,750,000	$5,650	1.6%	$1.20	—	NOTE 3.250% 9/1	94419LAP6
—	SOHO HOUSE & CO INC	678,248	$4,192	1.2%	$6.18	—	COM CL A	586001109
CMPR	CIMPRESS PLC	64,923	$2,936	0.8%	$56.20	0.0%	SHS EURO	G2143T103