Cyrus Capital Partners, L.P. Q3 2022 vs. Q4 2022 13F Holdings Comparison

Investment firms are always on the lookout for opportunities to maximize their returns, and one of the key indicators they rely on is changes in the holdings of funds. Cyrus Capital Partners, L.P. is a hedge fund that has recently filed its 13F with the SEC, outlining its holdings for Q3 2022 and Q4 2022. In this article, we'll take a closer look at the changes in the fund's holdings and what it could potentially mean for investors.

GARRETT MOTION INC: Steady as She Goes

One of the most striking features of Cyrus Capital Partners' 13F filing is the lack of significant changes in its holdings. GARRETT MOTION INC, for instance, was one of the fund's top holdings in both quarters, with no difference in the number of shares held. However, there was a 22.4% increase in the value of the shares over the two periods, from $168,054 to $205,635. This steady accumulation of value without much movement in the number of shares held could indicate that Cyrus Capital Partners sees a long-term potential in GARRETT MOTION INC.

DENBURY INC: A Slight Dip

DENBURY INC was another holding in Cyrus Capital Partners' portfolio with a minor change in the number of shares held. In Q3 2022, the hedge fund held 1,747,454 shares, which dropped to 1,499,726 in Q4 2022. The value of these shares declined from $150,735 to $130,505, a 13.4% decrease. This suggests that Cyrus Capital Partners is not very bullish on DENBURY INC's prospects in the near future.

INTERNATIONAL SEAWAYS INC: A Modest Increase

Cyrus Capital Partners increased its stake in INTERNATIONAL SEAWAYS INC by 2.9%, from 759,153 shares to 740,976 in Q4 2022. The value of these shares increased slightly by $761, but the overall value of the holding stayed relatively consistent at $26,430. This could indicate the hedge fund sees a moderate potential for growth in the oil transportation industry in the coming months.

OVERSEAS SHIPHOLDING GROUP I: A Minor Loss

There was a slight decrease in the number of shares held by Cyrus Capital Partners in OVERSEAS SHIPHOLDING GROUP I from 7,322,922 to 7,240,767, which is a 3.8% decline. The value of these shares also dropped from $21,749 to $20,925, which could suggest that the hedge fund is bearish on the growth prospects of the company.

CORENERGY INFRASTRUCTURE TR: A Minor Loss

Cyrus Capital Partners had a holding of 28,170,000 shares in CORENERGY INFRASTRUCTURE TR in both quarters, indicating it sees potential in this sector and intends to maintain its position. Nevertheless, there was a 4.1% drop in the value of these shares, from $20,431 to $19,587. This suggests that this position might not have performed as well as expected in Q4 2022.

INVESTCORP CR MGMT BDC INC: Barely Changed

INVESTCORP CR MGMT BDC INC was another holding in Cyrus Capital Partners' portfolio that remained fairly unchanged. The hedge fund's holdings in this company decreased only slightly from 1,207,869 to 1,204,836. The value of these shares also dropped by $82, a negligible 1.9% decline.

MALLINCKRODT PLC: A Brand New Holding

Cyrus Capital Partners newly acquired holdings in MALLINCKRODT PLC in Q4 2022. The hedge fund had no shares in the company in the previous quarter, but now it holds 48,219 shares, valued at $374. It's difficult to interpret this addition to the portfolio with so little data, but it's clear that Cyrus Capital Partners sees some potential in MALLINCKRODT PLC going forward.

Final Thoughts

In conclusion, while there were some minor changes in Cyrus Capital Partners' portfolio between Q3 2022 and Q4 2022, the overall picture suggests that the hedge fund is not looking to make any significant moves and is content to maintain a steady course, investing in what it perceives to be reliable positions with long-term potential. For investors, this could offer some stability in an uncertain market and give them a sense of where Cyrus Capital Partners sees opportunities in the near future.