Q4 2025 · 13F-HR
Sycale Advisors (NY) LLCholdings as filed
Filed 2026-02-13 · accession 0001172661-26-000763
$321.8M
Reported value
17
Positions
2025-12-31
Period end
The Brief · Sycale Advisors (NY) LLC · Q4 2025
AI · grounded in 13F
Sycale Advisors (NY) LLC closed its position in TLT, reducing exposure by $29.8M. The fund also exited positions in SLM and IWM, totaling $17.2M and $15.5M respectively. On the buy side, the fund established a new position in FLUT worth $14.5M and added QXO with a $5.7M investment. Additionally, the fund increased its share count in SPOT by 89.6% and TKO by 52.7%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 124765108 | CAE | CAE INC | $37.7M | 11.7% | 1,240,182 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $33.1M | 10.3% | 48,500 | PUT | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $31.6M | 9.81% | 65,295 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $27.9M | 8.68% | 172,352 | Common | SOLE |
| 92511U102 | VRRM | VERRA MOBILITY CORP | $25.1M | 7.81% | 1,121,505 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $20.9M | 6.51% | 36,075 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $20.7M | 6.43% | 99,014 | Common | SOLE |
| G3934V109 | GENI | GENIUS SPORTS LIMITED | $20.7M | 6.43% | 1,876,046 | Common | SOLE |
| 64031N108 | NNI | NELNET INC | $20.3M | 6.30% | 152,441 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $15.7M | 4.87% | 409,551 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $14.5M | 4.49% | 67,200 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $13.7M | 4.26% | 6,809 | Common | SOLE |
| 635309206 | NCMI | NATIONAL CINEMEDIA INC | $11.8M | 3.67% | 3,039,326 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $10.4M | 3.24% | 233,442 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $7.4M | 2.30% | 830,376 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $5.7M | 1.76% | 293,000 | Common | SOLE |
| 94419LAP6 | W 3.25 09/15/27 | WAYFAIR INC | $4.6M | 1.43% | 2,750,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.