Cyrus Capital Partners, L.P.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Cyrus Capital Partners, L.P. reported 3 stock positions worth $337.2 million. Its top holding was Garrett Motion (GTX) at 79.2% of the portfolio, followed by Echostar Class A (ECHO, 18.8%) and Methanex (MEOH, 1.9%). Compared with Q2 2025, it sold out of 1 and reduced 2. The biggest sale was an exit from Spirit Aviation (FLYYQ).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001166564
Portfolio Value
$337.2M (Q3 2025)
SEC Filing
0001172661-25-005081 ↗ filed Nov 14, 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 Q1 2025 Q2 2025: $307.4M Q2 2025 Q3 2025: $337.2M $337.2M Q3 2025 Q4 2025: $190.3M Q4 2025 Q1 2026: $150.0M Q1 2026 Q2 2026: $146.2M Q2 2026

Holdings 3 stocks · $337.2M
GTX Garrett Motion Inc. 79.22% 19,609,672 $267.1M Reduce -17.3%
ECHO Echostar Corp. Class A 18.85% 832,187 $63.5M Reduce -47.6%
MEOH Methanex Corp. 1.93% 164,000 $6.5M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $79.8M (not counted above)
SecurityClassShares / PrincipalValueChange
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 32,428,236$79.8MReduce -38.2%

Total filed on the 13F, all lines: $416.9M.

Portfolio Sells Q2 2025 → Q3 2025
FLYYQ Spirit Aviation Holdings Inc. Sold out 0.00% −2.86
GTX Garrett Motion Inc. Reduce -17.3% 79.22% −1.83
ECHO Echostar Corp. Class A Reduce -47.6% 18.85% +4.52

Portfolio Buys Q2 2025 → Q3 2025
None this quarter.

Options Activity Q2 2025 → Q3 2025
ECHO Echostar Corp. Class A call Sold out 450,000 $12.5Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2025 → Q3 2025
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal Reduce -38.2% 32,428,236 $79.8M

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