Cyrus Capital Partners, L.P.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Cyrus Capital Partners, L.P. reported 4 stock positions worth $274.4 million. Its top holding was Garrett Motion (GTX) at 83.4% of the portfolio, followed by Echostar Class A (ECHO, 14.3%) and Methanex (MEOH, 2.1%). Compared with Q4 2024, it opened 1 new position, sold out of 2 and added to 1. The biggest buy was a new position in Nebius (NBIS) and the biggest sale an exit from Veon (VEON).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001166564
Portfolio Value
$274.4M (Q1 2025)
SEC Filing
0001172661-25-002327 ↗ filed May 15, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $323.8M Q1 2024 Q2 2024: $234.9M Q2 2024 Q3 2024: $254.4M Q3 2024 Q4 2024: $291.8M Q4 2024 Q1 2025: $274.4M $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 4 stocks · $274.4M

GTX Garrett Motion Inc. 83.38% 27,337,398 $228.8M No change
ECHO Echostar Corp. Class A 14.29% 1,533,209 $39.2M No change
MEOH Methanex Corp. 2.10% 164,000 $5.8M Add +31.2%
NBIS Nebius Group NV 0.23% 30,000 $633K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $54.6M (not counted above)
SecurityClassShares / PrincipalValueChange
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 48,878,920$54.6MNo change

Total filed on the 13F, all lines: $329.0M.

Portfolio Sells Q4 2024 → Q1 2025

VEON Veon Ltd. Sold out 0.00% −1.03
BORR Borr Drilling Ltd. Sold out 0.00% −0.20

Portfolio Buys Q4 2024 → Q1 2025

NBIS Nebius Group NV New 0.23% +0.23
MEOH Methanex Corp. Add +31.2% 2.10% −0.04

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