Sycale Advisors (NY) LLC Diversified Active

CIK: 0001811522 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $456,639 (97.6% shares, 2.4% debt)

Holdings (24)

SPY SPDR S&P 500 ETF TR 19.6%

Value ($000) $89,588 Shares 145,000 Est. Cost — Unrealized —

CAE CAE INC 9.3%

Value ($000) $42,372 Shares 1,447,625 Est. Cost $20.17 Unrealized +25.0%

TLT ISHARES TR 6.5%

Value ($000) $29,467 Shares 333,900 Est. Cost — Unrealized —

BUR BURFORD CAP LTD 5.8%

Value ($000) $26,300 Shares 1,844,310 Est. Cost $11.89 Unrealized +9.6%

VRRM VERRA MOBILITY CORP 5.5%

Value ($000) $25,335 Shares 997,828 Est. Cost $24.24 Unrealized -3.9%

MSFT MICROSOFT CORP 5.4%

Value ($000) $24,734 Shares 49,725 Est. Cost $405.08 Unrealized +6.7%

ICE INTERCONTINENTAL EXCHANGE IN 4.4%

Value ($000) $20,017 Shares 109,102 Est. Cost $128.23 Unrealized +32.9%

APG API GROUP CORP 4.3%

Value ($000) $19,856 Shares 388,949 Est. Cost $24.08 Unrealized +19.0%

NNI NELNET INC 4.2%

Value ($000) $19,144 Shares 158,055 Est. Cost $95.34 Unrealized +17.2%

TKO TKO GROUP HOLDINGS INC 4.2%

Value ($000) $19,123 Shares 105,103 Est. Cost $127.71 Unrealized +24.6%

GENI GENIUS SPORTS LIMITED 3.5%

Value ($000) $16,097 Shares 1,547,811 Est. Cost $9.14 Unrealized +9.4%

MELI MERCADOLIBRE INC 3.5%

Value ($000) $16,045 Shares 6,139 Est. Cost $2081.70 Unrealized +12.2%

CP CANADIAN PACIFIC KANSAS CITY 3.5%

Value ($000) $15,899 Shares 200,565 Est. Cost $75.61 Unrealized +1.3%

NCMI NATIONAL CINEMEDIA INC 3.3%

Value ($000) $14,952 Shares 3,085,997 Est. Cost $6.51 Unrealized -16.7%

SLM SLM CORP 3.1%

Value ($000) $14,203 Shares 433,138 Est. Cost $23.58 Unrealized +29.7%

CAE CAE INC 2.9%

Value ($000) $13,254 Shares 452,500 Est. Cost $20.17 Unrealized +25.0%

CMPR CIMPRESS PLC 2.1%

Value ($000) $9,421 Shares 200,454 Est. Cost $47.73 Unrealized -8.5%

EWW ISHARES INC 1.8%

Value ($000) $8,266 Shares 136,500 Est. Cost $52.09 Unrealized —

SPOT SPOTIFY TECHNOLOGY S A 1.8%

Value ($000) $8,057 Shares 10,500 Est. Cost $641.84 Unrealized 0.0%

— WAYFAIR INC 1.5%

Value ($000) $6,763 Shares 5,000,000 Est. Cost $1.07 Unrealized —

UBER UBER TECHNOLOGIES INC 1.4%

Value ($000) $6,539 Shares 70,090 Est. Cost $69.92 Unrealized +17.7%

W WAYFAIR INC 1.2%

Value ($000) $5,451 Shares 106,588 Est. Cost $48.69 Unrealized -23.3%

— WAYFAIR INC 0.9%

Value ($000) $4,288 Shares 3,750,000 Est. Cost $1.20 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.3%

Value ($000) $1,469 Shares 24,000 Est. Cost $61.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	145,000	$89,588	19.6%	—	—	Put	78462F103
CAE	CAE INC	1,447,625	$42,372	9.3%	$20.17	+25.0%	COM	124765108
TLT	ISHARES TR	333,900	$29,467	6.5%	—	—	Call	464287432
BUR	BURFORD CAP LTD	1,844,310	$26,300	5.8%	$11.89	+9.6%	ORD SHS	G17977110
VRRM	VERRA MOBILITY CORP	997,828	$25,335	5.5%	$24.24	-3.9%	CL A COM STK	92511U102
MSFT	MICROSOFT CORP	49,725	$24,734	5.4%	$405.08	+6.7%	COM	594918104
ICE	INTERCONTINENTAL EXCHANGE IN	109,102	$20,017	4.4%	$128.23	+32.9%	COM	45866F104
APG	API GROUP CORP	388,949	$19,856	4.3%	$24.08	+19.0%	COM STK	00187Y100
NNI	NELNET INC	158,055	$19,144	4.2%	$95.34	+17.2%	CL A	64031N108
TKO	TKO GROUP HOLDINGS INC	105,103	$19,123	4.2%	$127.71	+24.6%	CL A	87256C101
GENI	GENIUS SPORTS LIMITED	1,547,811	$16,097	3.5%	$9.14	+9.4%	SHARES CL A	G3934V109
MELI	MERCADOLIBRE INC	6,139	$16,045	3.5%	$2081.70	+12.2%	COM	58733R102
CP	CANADIAN PACIFIC KANSAS CITY	200,565	$15,899	3.5%	$75.61	+1.3%	COM	13646K108
NCMI	NATIONAL CINEMEDIA INC	3,085,997	$14,952	3.3%	$6.51	-16.7%	COM NEW	635309206
SLM	SLM CORP	433,138	$14,203	3.1%	$23.58	+29.7%	COM	78442P106
CAE	CAE INC	452,500	$13,254	2.9%	$20.17	+25.0%	Call	124765108
CMPR	CIMPRESS PLC	200,454	$9,421	2.1%	$47.73	-8.5%	SHS EURO	G2143T103
EWW	ISHARES INC	136,500	$8,266	1.8%	$52.09	—	MSCI MEXICO ETF	464286822
SPOT	SPOTIFY TECHNOLOGY S A	10,500	$8,057	1.8%	$641.84	0.0%	SHS	L8681T102
—	WAYFAIR INC	5,000,000	$6,763	1.5%	$1.07	—	NOTE 3.500%11/1	94419LAR2
UBER	UBER TECHNOLOGIES INC	70,090	$6,539	1.4%	$69.92	+17.7%	COM	90353T100
W	WAYFAIR INC	106,588	$5,451	1.2%	$48.69	-23.3%	CL A	94419L101
—	WAYFAIR INC	3,750,000	$4,288	0.9%	$1.20	—	NOTE 3.250% 9/1	94419LAP6
IBIT	ISHARES BITCOIN TRUST ETF	24,000	$1,469	0.3%	$61.21	—	SHS BEN INT	46438F101