Cruiser Capital Advisors, LLC In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Cruiser Capital Advisors, LLC reported 33 stock positions worth $72.0 million . Its top holding was Ftai Aviation (FTAI) at 31.2% of the portfolio, followed by American Vanguard (AVD, 12.1% ) and Api (APG, 8.1% ). Compared with Q1 2024, it opened 6 new positions, sold out of 7, added to 8 and reduced 5. The biggest buy was Ftai Aviation (FTAI, shares +2% ) and the biggest sale Enhabit (EHAB, shares −23% ).
Location Stamford, CT
CIK 0001713506
Portfolio Value $72.0M (Q2 2024) Holdings 33 stocks · $72.0M 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 Q1 2024 FTAI Ftai Aviation Ltd. 229,091 $22.5M Add +1.9% AVD American Vanguard Corp. 1,014,155 $8.7M Add +4.1% APG Api Group Corp. 154,894 $5.8M No change CRH CRH PLC 72,386 $5.4M Add +16.0% GFL GFL Environmental Inc.-Sub VT 109,767 $4.3M Add +10.0% ALIT Alight Inc. Class A 485,210 $3.6M Add +26.1% FIP Ftai Infrastructure Inc. 411,192 $3.5M Reduce -4.9% ASH Ashland Inc. 32,050 $3.0M No change NVEE NV5 Global Inc. 27,452 $2.6M No change AGM Federal Agric MTG Corp. Class C 7,749 $1.4M No change CECO Ceco Environmental Corp. 45,973 $1.3M Reduce -8.1% GECC Great Elm Capital Corp. 121,880 $1.3M Add +27.2% EHAB Enhabit Inc. 142,172 $1.3M Reduce -22.8% URNM Sprott Uranium Miners ETF 45,000 $1.1M No change FSK FS KKR Capital Corp. 55,227 $1.1M Add +57.8% ALGT Allegiant Travel Co. 20,000 $1.0M New GTLS Chart Industries Inc. 5,200 $751K No change CXT Crane NXT Co. 8,201 $504K Reduce -26.8% MOD Modine Manufacturing Co. 5,000 $501K No change FREE Whole Earth Brands Inc. 88,494 $430K Reduce -16.3% PBI Pitney Bowes Inc. 82,306 $418K No change BCIC BCP Investment Corp. filed as PORTMAN RIDGE FIN CORP 16,278 $319K No change RITM Rithm Capital Corp. 28,000 $305K New INVE Inve Technologies Inc. filed as IDENTIV INC 41,778 $180K New NN Nextnav Inc. 17,737 $144K Add +1.4% DIREXION DLY S&P 500 BEAR 3X 13,000 $134K New TDAY USA Today Co. Inc. filed as GANNETT CO INC 26,475 $122K New LXU LSB Industries Inc. 10,000 $82K No change VRME Verifyme Inc. 45,372 $64K New HLLY Holley Inc. 10,555 $38K No change VSTO Vista Outdoor Inc. 50,000 $4K No change VSACU Vision Sensing Acquisition C 37,501 $1K No change SEQLL INC 70,000 $749 No change
Other holdings (12): bonds, preferreds, convertibles and warrants · $191K (not counted above) Security Class Shares / Principal Value Change PCTTW Purecycle Techno-CW26 *W EXP 03/17/202 49,944 $79K No change RSVRW Reservoir Media-CW26 *W EXP 08/26/202 30,503 $46K No change SURGW Surgepays Inc. -CW24 *W EXP 10/22/202 98,624 $26K No change SCLXW Vickers Vantage Corp. I -CW27 *W EXP 11/10/202 49,999 $22K No change VRMEW Verifyme Inc. -CW25 *W EXP 06/22/202 100,000 $7K New JETAI INC *W EXP 08/10/202 50,000 $3K No change PHYWF PHYT WS -CW *W EXP 05/03/202 37,500 $2K No change ICUCW LMF Acquisition Opp -A -CW26 *W EXP 10/28/202 32,473 $2K No change MSAIW Sportsmap Tech Acq -CW27 *W EXP 12/19/202 37,500 $1K No change XFINW Excelfin Acquisition -CW23 *W EXP 10/25/202 27,500 $954 No change AEAEW Altenergy Acquisition -CW23 *W EXP 10/29/202 20,000 $720 No change BENFW Beneficient Co. Group -28 *W EXP 06/07/202 48,750 $356 No change
Total filed on the 13F, all lines: $72.1M.
Portfolio Sells Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▲ EHAB Enhabit Inc. Reduce -22.8% 1.76% −1.39 SP SP Plus Corp. Sold out 0.00% −0.85 TBT Proshares Ultrashort 20+Y TR Sold out 0.00% −0.71 KNF Knife River Corp. Sold out 0.00% −0.66 ULCC Frontier Group Holdings Inc. Sold out 0.00% −0.42 OBDC Blue Owl Capital Corp. Sold out 0.00% −0.34 ACA Arcosa Inc. Sold out 0.00% −0.34 CXT Crane NXT Co. Reduce -26.8% 0.70% −0.32 GENK Gen Restaurant Group Inc. Sold out 0.00% −0.31 FREE Whole Earth Brands Inc. Reduce -16.3% 0.60% −0.15 CECO Ceco Environmental Corp. Reduce -8.1% 1.84% +0.15 FIP Ftai Infrastructure Inc. Reduce -4.9% 4.93% +0.95
Portfolio Buys Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▼ FTAI Ftai Aviation Ltd. Add +1.9% 31.23% +9.90 ALGT Allegiant Travel Co. New 1.40% +1.40 GFL GFL Environmental Inc.-Sub VT Add +10.0% 5.94% +0.88 FSK FS KKR Capital Corp. Add +57.8% 1.51% +0.53 RITM Rithm Capital Corp. New 0.42% +0.42 INVE Inve Technologies Inc. New 0.25% +0.25 GECC Great Elm Capital Corp. Add +27.2% 1.81% +0.25 DIREXION DLY S&P 500 BEAR 3X New 0.19% +0.19 TDAY USA Today Co. Inc. New 0.17% +0.17 VRME Verifyme Inc. New 0.09% +0.09 NN Nextnav Inc. Add +1.4% 0.20% +0.03 CRH CRH PLC Add +16.0% 7.53% −0.35 ALIT Alight Inc. Class A Add +26.1% 4.98% −0.60 AVD American Vanguard Corp. Add +4.1% 12.12% −6.43
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ VRMEW Verifyme Inc. -CW25 *W EXP 06/22/202 New 100,000 $7K
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