Cruiser Capital Advisors, LLC In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Cruiser Capital Advisors, LLC reported 34 stock positions worth $68.0 million . Its top holding was Ftai Aviation (FTAI) at 21.3% of the portfolio, followed by American Vanguard (AVD, 18.6% ) and Api (APG, 8.9% ). Compared with Q4 2023, it opened 6 new positions, sold out of 8, added to 8 and reduced 6. The biggest buy was Alight Class A (ALIT, shares +310% ) and the biggest sale Enhabit (EHAB, shares −82% ).
Location Stamford, CT
CIK 0001713506
Portfolio Value $68.0M (Q1 2024) Holdings 34 stocks · $68.0M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 FTAI Ftai Aviation Ltd. 224,916 $14.5M Reduce -0.2% AVD American Vanguard Corp. 974,155 $12.6M No change APG Api Group Corp. 154,894 $6.1M No change CRH CRH PLC 62,386 $5.4M Add +8.7% ALIT Alight Inc. Class A 384,708 $3.8M Add +310.1% GFL GFL Environmental Inc.-Sub VT 99,767 $3.4M Reduce -4.8% ASH Ashland Inc. 32,050 $3.1M No change FIP Ftai Infrastructure Inc. 432,255 $2.7M Add +67.6% NVEE NV5 Global Inc. 27,452 $2.7M No change EHAB Enhabit Inc. 184,142 $2.1M Reduce -81.8% AGM Federal Agric MTG Corp. Class C 7,749 $1.5M No change URNM Sprott Uranium Miners ETF 45,000 $1.2M Add +27.8% CECO Ceco Environmental Corp. 50,000 $1.2M Add +25.0% GECC Great Elm Capital Corp. 95,848 $1.1M Add +28.8% GTLS Chart Industries Inc. 5,200 $857K Add +62.5% CXT Crane NXT Co. 11,201 $693K No change FSK FS KKR Capital Corp. 35,000 $667K New SP SP Plus Corp. 11,077 $578K Reduce -68.0% FREE Whole Earth Brands Inc. 105,667 $510K New TBT Proshares Ultrashort 20+Y TR 15,000 $482K New MOD Modine Manufacturing Co. 5,000 $476K No change KNF Knife River Corp. 5,500 $446K No change PBI Pitney Bowes Inc. 82,306 $356K Add +43.6% BCIC BCP Investment Corp. filed as PORTMAN RIDGE FIN CORP 16,278 $309K New ULCC Frontier Group Holdings Inc. 34,884 $283K Reduce -24.8% OBDC Blue Owl Capital Corp. 15,000 $231K No change ACA Arcosa Inc. 2,664 $229K New GENK Gen Restaurant Group Inc. 18,334 $214K Reduce -8.3% NN Nextnav Inc. 17,500 $115K No change LXU LSB Industries Inc. 10,000 $88K New HLLY Holley Inc. 10,555 $47K No change VSTO Vista Outdoor Inc. 50,000 $1K No change VSACU Vision Sensing Acquisition C 37,501 $1K No change SEQLL INC 70,000 $195 No change
Other holdings (11): bonds, preferreds, convertibles and warrants · $217K (not counted above) Security Class Shares / Principal Value Change PCTTW Purecycle Techno-CW26 *W EXP 03/17/202 49,944 $92K No change SURGW Surgepays Inc. -CW24 *W EXP 10/22/202 98,624 $57K Reduce -11.3% RSVRW Reservoir Media-CW26 *W EXP 08/26/202 30,503 $37K No change SCLXW Vickers Vantage Corp. I -CW27 *W EXP 11/10/202 49,999 $18K No change ICUCW LMF Acquisition Opp -A -CW26 *W EXP 10/28/202 32,473 $5K No change JETAI INC *W EXP 08/10/202 50,000 $3K No change XFINW Excelfin Acquisition -CW23 *W EXP 10/25/202 27,500 $1K No change MSAIW Sportsmap Tech Acq -CW27 *W EXP 12/19/202 37,500 $1K No change AEAEW Altenergy Acquisition -CW23 *W EXP 10/29/202 20,000 $1K No change PHYWF PHYT WS -CW *W EXP 05/03/202 37,500 $941 No change BENFW Beneficient Co. Group -28 *W EXP 06/07/202 48,750 $382 No change
Total filed on the 13F, all lines: $68.2M.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ EHAB Enhabit Inc. Reduce -81.8% 3.16% −13.13 MMM 3M Co. Sold out 0.00% −3.68 SP SP Plus Corp. Reduce -68.0% 0.85% −1.90 ENHABIT INC Sold out 0.00% −0.58 SLV iShares Silver Trust Sold out 0.00% −0.57 GFL GFL Environmental Inc.-Sub VT Reduce -4.8% 5.06% −0.55 GFF Griffon Corp. Sold out 0.00% −0.52 MSAIW Sportsmap Tech Acquisitin Co. Sold out 0.00% −0.33 HAPN Happen Inc. Sold out 0.00% −0.22 DIREXION DLY S&P 500 BEAR 3X Sold out 0.00% −0.18 EMKR Emcore Corp. Sold out 0.00% −0.05 ULCC Frontier Group Holdings Inc. Reduce -24.8% 0.42% +0.02 GENK Gen Restaurant Group Inc. Reduce -8.3% 0.31% +0.07 FTAI Ftai Aviation Ltd. Reduce -0.2% 21.33% +5.59
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ ALIT Alight Inc. Class A Add +310.1% 5.57% +4.33 FIP Ftai Infrastructure Inc. Add +67.6% 3.98% +2.43 CRH CRH PLC Add +8.7% 7.88% +1.72 FSK FS KKR Capital Corp. New 0.98% +0.98 FREE Whole Earth Brands Inc. New 0.75% +0.75 TBT Proshares Ultrashort 20+Y TR New 0.71% +0.71 GTLS Chart Industries Inc. Add +62.5% 1.26% +0.58 BCIC BCP Investment Corp. New 0.45% +0.45 CECO Ceco Environmental Corp. Add +25.0% 1.69% +0.43 ACA Arcosa Inc. New 0.34% +0.34 GECC Great Elm Capital Corp. Add +28.8% 1.56% +0.33 URNM Sprott Uranium Miners ETF Add +27.8% 1.79% +0.20 PBI Pitney Bowes Inc. Add +43.6% 0.52% +0.13 LXU LSB Industries Inc. New 0.13% +0.13
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ SURGW Surgepays Inc. -CW24 *W EXP 10/22/202 Reduce -11.3% 98,624 $57K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 43 $162.1M ISHARES TR, FTAI, APG, NBIS, CRH Q1 2026 44 $257.3M ISHARES TR, STATE STR SPDR S&P 500 ETF T, FTAI, APG, CRH Q4 2025 46 $117.9M FTAI, STATE STR SPDR S&P 500 ETF T, APG, CRH, KINS Q3 2025 49 $100.1M FTAI, APG, CRH, GFL, KINS Q2 2025 40 $225.3M SPY, ISHARES TR, FTAI, APG, CRH Q1 2025 41 $73.9M FTAI, CRH, APG, NVEE, AVD Q4 2024 40 $180.8M STATE STR SPDR S&P 500 ETF T, STATE STR SPDR S&P 500 ETF T, FTAI, CRH, APG Q3 2024 41 $122.9M FTAI, STATE STR SPDR S&P 500 ETF T, STATE STR SPDR S&P 500 ETF T, FTAI AVIATION LTD, FTAI AVIATION LTD Q2 2024 33 $72.0M FTAI, AVD, APG, CRH, GFL Q1 2024 34 $68.0M FTAI, AVD, APG, CRH, ALIT