Cyrus Capital Partners, L.P. 13F annual report

Cyrus Capital Partners, L.P. is an investment fund managing more than $324 billion ran by Jennifer Pulick. There are currently 7 companies in Mrs. Pulick’s portfolio. The largest investments include Garrett Motion Inc and Overseas Shipholding Group I, together worth $304 billion.

$324 billion Assets Under Management (AUM)

As of 8th May 2024, Cyrus Capital Partners, L.P.’s top holding is 27,834,399 shares of Garrett Motion Inc currently worth over $277 billion and making up 85.4% of the portfolio value. Relative to the number of outstanding shares of Garrett Motion Inc, Cyrus Capital Partners, L.P. owns more than 0.1% of the company. In addition, the fund holds 4,264,087 shares of Overseas Shipholding Group I worth $27.3 billion. The third-largest holding is Hawaiian worth $15.5 billion and the next is Investcorp Cr Mgmt Bdc Inc worth $2.08 billion, with 670,270 shares owned.

Currently, Cyrus Capital Partners, L.P.'s portfolio is worth at least $324 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Cyrus Capital Partners, L.P.

The Cyrus Capital Partners, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jennifer Pulick serves as the General Counsel at Cyrus Capital Partners, L.P..

Recent trades

In the most recent 13F filing, Cyrus Capital Partners, L.P. revealed that it had opened a new position in Hawaiian and bought 1,163,357 shares worth $15.5 billion.

On the other hand, there are companies that Cyrus Capital Partners, L.P. is getting rid of from its portfolio. Cyrus Capital Partners, L.P. closed its position in Denbury on 15th May 2024. It sold the previously owned 1,209,726 shares for $104 billion. Jennifer Pulick also disclosed a decreased stake in Garrett Motion Inc by 0.2%. This leaves the value of the investment at $277 billion and 27,834,399 shares.

One of the smaller hedge funds

The two most similar investment funds to Cyrus Capital Partners, L.P. are Equius Partners and Anatole Investment Management Ltd. They manage $324 billion and $324 billion respectively.

Jennifer Pulick investment strategy

Cyrus Capital Partners, L.P.’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 85.4% of the total portfolio value. The fund focuses on investments in the Switzerland as 14.3% of the portfolio companies are based in the Switzerland.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $1.01 billion.

The complete list of Cyrus Capital Partners, L.P. trades based on 13F SEC filings

These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Garrett Motion Inc	20.22% 27,834,399	$276,673,926,000	85.44%
Denbury Inc.	Closed 1,209,726	$104,350,965,000
Spirit Airls Inc	Closed 3,125,870	$53,639,929,000
Overseas Shipholding Group I	41.11% 4,264,087	$27,290,157,000	8.43%
Hawaiian Holdings, Inc.	Opened 1,163,357	$15,507,549,000	4.79%
Investcorp Cr Mgmt Bdc Inc	44.37% 670,270	$2,084,540,000	0.64%
International Seaways Inc	95.87% 30,638	$1,629,942,000	0.50%
Forum Energy Technologies In	75.14% 19,433	$388,271,000	0.12%
Proshares Tr	Opened 10,000	$248,600,000	0.08%
No transactions found
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