Cyrus Capital Partners, L.P.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Cyrus Capital Partners, L.P. reported 1 stock position worth $234.9 million. Its top holding was Garrett Motion (GTX) at 100.0% of the portfolio. Compared with Q1 2024, it sold out of 6 and reduced 1. The biggest sale was an exit from Overseas Shipholding Group-A.

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001166564
Portfolio Value
$234.9M (Q2 2024)
SEC Filing
0001172661-24-003572 ↗ filed Aug 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $323.8M Q1 2024 Q2 2024: $234.9M $234.9M Q2 2024 Q3 2024: $254.4M Q3 2024 Q4 2024: $291.8M Q4 2024 Q1 2025: $274.4M Q1 2025 Q2 2025: $307.4M Q2 2025 Q3 2025: $337.2M Q3 2025 Q4 2025: $190.3M Q4 2025 Q1 2026: $150.0M Q1 2026 Q2 2026: $146.2M Q2 2026

Holdings 1 stocks · $234.9M
GTX Garrett Motion Inc. 100.00% 27,341,177 $234.9M Reduce -1.8%
Other holdings (3): bonds, preferreds, convertibles and warrants · $132.3M (not counted above)
SecurityClassShares / PrincipalValueChange
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal 75,425,000$55.4MNew
SPIRIT AIRLINES INC (SAVE 1 05/15/26) NOTE 1.000% 5/1 · principal 111,462,000$54.7MAdd +9.8%
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 35,623,000$22.1MNew

Total filed on the 13F, all lines: $367.1M.

Portfolio Sells Q1 2024 → Q2 2024
OVERSEAS SHIPHOLDING GROUP-A Sold out 0.00% −8.43
HA Hawaiian Holdings Inc. Sold out 0.00% −4.79
ICMB Investcorp Credit Management Sold out 0.00% −0.64
INSW International Seaways Inc. Sold out 0.00% −0.50
FET Forum Energy Technologies Inc. Sold out 0.00% −0.12
PROSHARES TR Sold out 0.00% −0.08
GTX Garrett Motion Inc. Reduce -1.8% 100.00% +14.56

Portfolio Buys Q1 2024 → Q2 2024
None this quarter.

Notes & Other Activity Q1 2024 → Q2 2024
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal New 75,425,000 $55.4M
SPIRIT AIRLINES INC (SAVE 1 05/15/26) NOTE 1.000% 5/1 · principal Add +9.8% 111,462,000 $54.7M
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal New 35,623,000 $22.1M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$146.2MECHO, CZR, SLV
Q1 2026 5$150.0MECHO, GTX, CZR, MEOH, NBIS
Q4 2025 4$190.3MGTX, ECHO, MEOH, NBIS
Q3 2025 3$337.2MGTX, ECHO, MEOH
Q2 2025 4$307.4MGTX, ECHO, FLYYQ, MEOH
Q1 2025 4$274.4MGTX, ECHO, MEOH, NBIS
Q4 2024 5$291.8MGTX, ECHO, MEOH, VEON, BORR
Q3 2024 3$254.4MGTX, ECHO, NBIS
Q2 2024 1$234.9MGTX
Q1 2024 7$323.8MGTX, OVERSEAS SHIPHOLDING GROUP-A, HA, ICMB, INSW