Cigogne Management SA

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Cigogne Management SA reported 51 stock positions worth $107.9 million. Its top holding was Endeavor Group Hold Class A (EDR) at 7.8% of the portfolio, followed by Hashicorp Class A (HCP, 6.5%) and Juniper Networks (JNPR, 5.9%).

Most Recent 13F
Q4 2024
Location
LUXEMBOURG, N4
CIK
0002047346
Portfolio Value
$107.9M (Q4 2024)
SEC Filing
0002047346-25-000002 ↗ filed Feb 14, 2025

Holdings 51 stocks · $107.9M

EDR Endeavor Group Hold Class A 7.83% 270,000 $8.4M —
HCP Hashicorp Inc. Class A 6.46% 203,805 $7.0M —
JNPR Juniper Networks Inc. 5.89% 169,747 $6.4M —
SMAR Smartsheet Inc. Class A 5.08% 97,850 $5.5M —
FYBR Frontier Communications Pare 4.74% 147,405 $5.1M —
ZUO Zuora Inc. Class A 4.55% 495,000 $4.9M —
ESGR Enstar Group Ltd. 4.46% 14,928 $4.8M —
ALTM Arcadium Lithium PLC 3.99% 838,500 $4.3M —
AGS Playags Inc. 3.55% 332,629 $3.8M —
FFNW First Financial Northwest 3.54% 176,102 $3.8M —
EVRI Everi Holdings Inc. 3.41% 272,350 $3.7M —
SRDX Surmodics Inc. 2.88% 78,500 $3.1M —
AMED Amedisys Inc. 2.50% 29,649 $2.7M —
PTVE Pactiv Evergreen Inc. 2.43% 150,000 $2.6M —
SRG Seritage Growth Prop- A 2.37% 619,771 $2.6M —
MTTR Matterport Inc. 2.27% 517,464 $2.5M —
GAN Gan Ltd. 2.19% 1,295,391 $2.4M —
CDMO Avid Bioservices Inc. 2.16% 189,097 $2.3M —
ML Moneylion Inc. 1.91% 24,000 $2.1M —
AFBI Affinity Bancshares Inc. 1.87% 115,419 $2.0M —
SCWX Secureworks Corp. Class A 1.84% 234,360 $2.0M —
CCRN Cross Country Healthcare Inc. 1.82% 108,000 $2.0M —
CTV Innovid Corp. 1.72% 600,000 $1.9M —
AE Adams Resources & Energy Inc. 1.68% 47,914 $1.8M —
GRFS Grifols SA-ADR 1.65% 238,928 $1.8M —
ICCH Icc Holdings Inc. filed as ICC HLDGS INC 1.60% 74,000 $1.7M —
PDCO Patterson Cos Inc. 1.57% 55,000 $1.7M —
SQNS Sequans Communications S A 1.52% 470,641 $1.6M —
K Kellanova 1.26% 16,750 $1.4M —
CPRI Capri Holdings Ltd. 1.12% 57,500 $1.2M —
GATO Gatos Silver Inc. 1.10% 85,000 $1.2M —
INBX Inhibrx Biosciences Inc. 1.08% 75,932 $1.2M —
CONTEXTLOGIC INC - A 1.08% 165,038 $1.2M —
PSTX Poseida Therapeutics Inc. 1.07% 120,000 $1.2M —
MNTX Manitex International Inc. 0.98% 183,119 $1.1M —
TTEC Ttec Holdings Inc. filed as TTEC HLDGS INC 0.68% 146,002 $729K —
DM Desktop Metal Inc. Class A 0.65% 299,849 $702K —
LWAY Lifeway Foods Inc. 0.46% 19,906 $494K —
MKFG Markforged Holding Corp. 0.45% 153,780 $483K —
X United States Steel Corp. 0.39% 12,500 $425K —
RNW Renew Energy Global PLC-A 0.38% 60,000 $410K —
TH Target Hospitality Corp. 0.34% 38,242 $370K —
RVNC Revance Therapeutics Inc. 0.32% 111,825 $340K —
TSN Tyson Foods Inc. Class A 0.29% 5,500 $316K —
BLKB Blackbaud Inc. 0.28% 4,138 $306K —
SSYS Stratasys Ltd. 0.25% 30,582 $272K —
CHR Cheer Holding Inc. Class A 0.21% 88,035 $223K —
GEAR Revelyst Inc. 0.08% 4,377 $84K —
THCH TH International Ltd./Cayman 0.02% 7,140 $25K —
USAP Universal Stainless & Alloy 0.02% 412 $18K —
BALY Bally's Corp. 0.01% 705 $13K —

Options reported separately and not counted above: DB puts ($6.2M), JNPR puts ($4.1M), GS puts ($3.4M), AXP puts ($2.7M), JCI puts ($2.4M), WFC puts ($2.3M), JPM puts ($1.7M), K puts ($1.6M), AZO puts ($1.6M), MCD puts ($1.6M), ALTM calls ($1.5M), IBM puts ($1.3M), and 19 more.

Other holdings (4): bonds, preferreds, convertibles and warrants · $18.1M (not counted above)
SecurityClassShares / PrincipalValueChange
AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal 11,000,000$10.3M—
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 4,000,000$3.9M—
DROPBOX INC (DBX 0 03/01/26) NOTE 3/0 · principal 2,000,000$2.0M—
TRIPADVISOR INC (TRIP 0.25 04/01/26) NOTE 0.250% 4/0 · principal 2,000,000$1.9M—

Total filed on the 13F, all lines: $126.0M.

Portfolio Sells Q4 2024

No earlier filing to compare with.

Portfolio Buys Q4 2024

No earlier filing to compare with.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2024 51$107.9MEDR, HCP, JNPR, SMAR, FYBR