Cygnus Capital Advisors, LLC

ATLANTA, GA · CIK 2114319 · 13F filing filed 2026-05-13

SEC-registered investment adviser since 2024 · limited liability company

Assets managed$229.7m
Staff8 · 2 in investment roles
Main clients (by assets)Private funds 46%, Other advisers 35%, High net worth individuals 19%
Private funds1 (1 hedge) · $105.7m gross assets
Websitecygnuscapital.com
Form ADV · 2026-04-03SEC adviser record

Legal entityCYGNUS CAPITAL ADVISORS, LLC (US)

Kindhedge funds
Others nearbyAtlanta, GA

As an employer

Offices in1 country
Private fundshedge 1

$146.3m reported value +6.8% vs Q4 2025

111positions

61.4%in top 10

47 new 24 added 14 reduced 94 sold out vs Q4 2025

Holdings, Q1 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	Husqvarna AB COM HUSQF	HUSQF	1,003,800	$37.2m25.40%	25.40%	Unchanged
2	Novo Nordisk A/S COM NONOF	NONOF	54,800	$12.7m8.65%	8.65%	New
3	TARGET CORP COM TGT	TGT	58,800	$7.1m4.87%	4.87%	Unchanged
4	ADVANCE AUTO PARTS INC COM AAP	AAP	126,178	$6.7m4.55%	4.55%	Added +9.4k	+9,378 8.0%
5	UNITED PARCEL SERVICE INC CL B UPS	UPS	58,800	$5.8m3.95%	3.95%	Added +48.0k	+48,000 444.4%
6	KYNDRYL HLDGS INC COMMON STOCK KD	KD	386,000	$5.1m3.46%	3.46%	New
7	SMA Solar Technology AG COM SMTGF	SMTGF	94,800	$4.4m2.98%	2.98%	Reduced -24.0k	-24,000 -20.2%
8	PFIZER INC COM PFE	PFE	142,800	$4.0m2.74%	2.74%	Added +2.7k	+2,700 1.9%
9	NINE ENERGY SERVICE INC COMMON STOCK NINE	NINE	455,058	$3.7m2.55%	2.55%	New
10	ADOBE INC COM ADBE	ADBE	13,800	$3.4m2.29%	2.29%	New
11	VERSANT MEDIA GROUP INC COM CL A VSNT	VSNT	84,578	$3.1m2.14%	2.14%	New
12	TRIPADVISOR INC COM TRIP	TRIP	284,113	$3.0m2.07%	2.07%	Added +125.5k	+125,494 79.1%
13	WORKDAY INC CL A WDAY	WDAY	21,800	$2.8m1.94%	1.94%	New
14	easyJet plc COM EJTTF	EJTTF	800,000	$2.8m1.90%	1.90%	New
15	WW INTL INC COM NEW WW	WW	198,215	$2.7m1.86%	1.86%	Added +93.6k	+93,595 89.5%
16	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	25,000	$2.6m1.77%	1.77%	Reduced -1.4k	-1,400 -5.3%
17	ALPHABET INC CAP STK CL C GOOG	GOOG	8,800	$2.5m1.72%	1.72%	Unchanged
18	CANNAE HLDGS INC COM CNNE	CNNE	214,848	$2.4m1.67%	1.67%	Added +136.0k	+136,048 172.7%
19	SERITAGE GROWTH PPTYS CL A SRG	SRG	851,447	$2.4m1.64%	1.64%	Added +117.1k	+117,118 15.9%
20	NGL ENERGY PARTNERS LP COM UNIT REPST NGL	NGL	180,927	$2.2m1.52%	1.52%	Reduced -76.1k	-76,100 -29.6%
21	Deutsche Lufthansa AG COM DLAKF	DLAKF	308,000	$2.2m1.51%	1.51%	New
22	MAGNACHIP SEMICONDUCTOR CORP COM MX	MX	733,954	$2.1m1.40%	1.40%	Added +123.2k	+123,176 20.2%
23	NEWELL BRANDS INC COM NWL	NWL	559,097	$1.9m1.31%	1.31%	Added +492.6k	+492,600 740.8%
24	VEON LTD SPONSORED ADS VEON	VEON	38,880	$1.8m1.23%	1.23%	Reduced -4.0k	-4,000 -9.3%
25	KENVUE INC COM KVUE	KVUE	102,800	$1.8m1.21%	1.21%	Added +41.0k	+41,000 66.3%
26	LYFT INC CL A COM LYFT	LYFT	119,915	$1.6m1.09%	1.09%	Added +59.1k	+59,115 97.2%
27	Hesai Group COM HSIGF	HSIGF	8,800	$1.2m0.85%	0.85%	Reduced -1.2k	-1,200 -12.0%
28	SPARTAN DELTA CP NEW F FOREIGN CANADIAN DALXF	DALXF	92,800	$1.2m0.82%	0.82%	Reduced -35.2k	-35,200 -27.5%
29	NATURAL RESOURCE PARTNERS L COM UNIT LTD PAR NRP	NRP	9,800	$1.2m0.81%	0.81%	Added +5.0k	+5,000 104.2%
30	TOPGOLF CALLAWAY BRANDS CORP COM CALY	CALY	83,092	$1.2m0.79%	0.79%	Reduced -96.4k	-96,415 -53.7%
31	ISHARES INC MSCI HONG KG ETF EWH	EWH	48,800	$1.1m0.77%	0.77%	Unchanged
32	KRANESHARES TRUST CSI CHI INTERNET KWEB	KWEB	38,800	$1.1m0.75%	0.75%	Unchanged
33	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	5,880	$738.0k0.50%	0.50%	Unchanged
34	GRAN TIERRA ENERGY INC COM GTE	GTE	81,610	$732.0k0.50%	0.50%	Reduced -78.6k	-78,556 -49.0%
35	SUNPOWER INC COM SPWR	SPWR	526,164	$668.0k0.46%	0.46%	Added +186.0k	+186,000 54.7%
36	QUANTUM CORP COM QMCO	QMCO	124,086	$590.0k0.40%	0.40%	Added +54.7k	+54,663 78.7%
37	MHP SE COM MHPSY	MHPSY	75,800	$569.0k0.39%	0.39%	Reduced -2.8k	-2,800 -3.6%
38	Pandora A/S COM PNDZF	PNDZF	1,250	$567.0k0.39%	0.39%	New
39	JONES LANG LASALLE INC COM JLL	JLL	1,800	$548.0k0.37%	0.37%	New
40	MONRO INC COM MNRO	MNRO	32,880	$527.0k0.36%	0.36%	Added +12.0k	+12,000 57.5%
41	Gore Street Energy Storage Fund Plc COM GSTEF	GSTEF	878,639	$475.0k0.32%	0.32%	Unchanged
42	JD.COM INC SPON ADS CL A JD	JD	15,800	$467.0k0.32%	0.32%	Unchanged
43	VITAL FARMS INC COM VITL	VITL	28,318	$400.0k0.27%	0.27%	New
44	ALLIANCE RESOURCE PARTNERS L UT LTD PART ARLP	ARLP	13,624	$377.0k0.26%	0.26%	Added +400	+400 3.0%
45	CARMAX INC COM KMX	KMX	7,800	$324.0k0.22%	0.22%	Added +2.8k	+2,800 56.0%
46	APPLE INC COM AAPL	AAPL	1,120	$284.0k0.19%	0.19%	Unchanged
47	PENN ENTERTAINMENT INC COM PENN	PENN	18,600	$280.0k0.19%	0.19%	Unchanged
48	Logan Energy Corp COM LOECF	LOECF	270,000	$259.0k0.18%	0.18%	Reduced -35.0k	-35,000 -11.5%
49	Coelacanth Energy Inc COM CEIEF	CEIEF	258,000	$217.0k0.15%	0.15%	Reduced -7.0k	-7,000 -2.6%
50	MACYS INC COM M	M	11,800	$213.0k0.15%	0.15%	Reduced -16.2k	-16,200 -57.9%
51	CRITICAL METALS CORP PUBCO ORD SHS CRML	CRML	26,617	$211.0k0.14%	0.14%	New
52	ZYMEWORKS INC COM ZYME	ZYME	8,197	$205.0k0.14%	0.14%	Added +2.2k	+2,200 36.7%
53	ALIGHT INC COM CL A ALIT	ALIT	350,000	$204.0k0.14%	0.14%	Added +199.2k	+199,200 132.1%
54	SIONNA THERAPEUTICS INC COM SION	SION	3,800	$152.0k0.10%	0.10%	Added +1.4k	+1,400 58.3%
55	IMMUNOME INC COM IMNM	IMNM	6,880	$150.0k0.10%	0.10%	Reduced -1.1k	-1,105 -13.8%
56	LEAP THERAPEUTICS INC COM NEW CYPH	CYPH	11,492	$135.0k0.09%	0.09%	New
57	GOPRO INC CL A GPRO	GPRO	161,000	$124.0k0.08%	0.08%	New
58	YELP INC CL A YELP	YELP	5,000	$124.0k0.08%	0.08%	Unchanged
59	ANNEXON INC COM ANNX	ANNX	22,200	$123.0k0.08%	0.08%	Added +10.2k	+10,200 85.0%
60	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	1,000	$119.0k0.08%	0.08%	New
61	EDGEWISE THERAPEUTICS INC COM EWTX	EWTX	3,427	$108.0k0.07%	0.07%	Unchanged
62	COMPASS THERAPEUTICS INC COM CMPX	CMPX	18,000	$95.0k0.06%	0.06%	Added +8.0k	+8,000 80.0%
63	ENVIROTECH VEHICLES INC COM AZIO	AZIO	54,000	$90.0k0.06%	0.06%	New
64	RANI THERAPEUTICS HLDGS INC COM CL A RANI	RANI	115,649	$85.0k0.06%	0.06%	New
65	ROBIN ENERGY LTD ORD SHS NEW ORD SHS NEW		33,997	$83.0k0.06%	0.06%	New
66	IMMERSION CORP COM IMMR	IMMR	15,000	$82.0k0.06%	0.06%	Unchanged
67	LIMINATUS PHARMA INC. CL A CL A		350,000	$60.0k0.04%	0.04%	New
68	Strongpoint ASA COM STRON	STRON	5,696	$60.0k0.04%	0.04%	Unchanged
69	AMICUS THERAPEUTICS INC COM FOLD	FOLD	4,082	$59.0k0.04%	0.04%	Unchanged
70	OLENOX INDUSTRIES INC COM NEW COM NEW		56,000	$58.0k0.04%	0.04%	New
71	TOPPS TILES PLC COM TPTJF	TPTJF	158,888	$55.0k0.04%	0.04%	Unchanged
72	MBX BIOSCIENCES INC COM MBX	MBX	1,800	$54.0k0.04%	0.04%	Unchanged
73	NURIX THERAPEUTICS INC COM NRIX	NRIX	3,300	$51.0k0.03%	0.03%	New
74	STOKE THERAPEUTICS INC COM STOK	STOK	1,500	$49.0k0.03%	0.03%	Reduced -1.5k	-1,500 -50.0%
75	DRAGONFLY ENERGY HOLDINGS CO COM SHS COM SHS		27,151	$47.0k0.03%	0.03%	New
76	FIREFLY NEUROSCIENCE INC COM AIFF	AIFF	20,039	$44.0k0.03%	0.03%	New
77	PSQ HOLDINGS INC CL A CL A		76,000	$40.0k0.03%	0.03%	New
78	ATLANTIC INTL CORP COM CIRC	CIRC	10,712	$32.0k0.02%	0.02%	New
79	DATAVAULT AI INC COM SHS DVLT	DVLT	51,293	$32.0k0.02%	0.02%	New
80	VSEE HEALTH INC COM COM		120,000	$30.0k0.02%	0.02%	New
81	SIDUS SPACE INC CL A COM NEW SIDU	SIDU	12,000	$28.0k0.02%	0.02%	New
82	NAUTICUS ROBOTICS INC COM COM		55,029	$27.0k0.02%	0.02%	New
83	ONDAS INC COM NEW ONDS	ONDS	2,903	$26.0k0.02%	0.02%	Unchanged
84	BATH & BODY WORKS INC COM BBWI	BBWI	1,191	$22.0k0.02%	0.02%	Added +535	+535 81.5%
85	AMC ENTMT HLDGS INC CL A NEW AMC	AMC	21,616	$21.0k0.01%	0.01%	New
86	ARRIVE AI INC COM NEW ARAI	ARAI	26,000	$21.0k0.01%	0.01%	New
87	NUBURU INC COMMON STOCK COMMON STOCK		108,625	$19.0k0.01%	0.01%	New
88	JET AI INC COM JTAI	JTAI	204,731	$18.0k0.01%	0.01%	New
89	THERAPEUTICSMD INC COM NEW TXMD	TXMD	9,069	$18.0k0.01%	0.01%	New
90	NUVATION BIO INC COM CL A NUVB	NUVB	3,872	$17.0k0.01%	0.01%	Unchanged
91	BUTTERFLY NETWORK INC COM CL A BFLY	BFLY	3,634	$15.0k0.01%	0.01%	Added +861	+861 31.1%
92	KURA ONCOLOGY INC COM KURA	KURA	1,788	$15.0k0.01%	0.01%	Unchanged
93	WORKHORSE GROUP INC COM NEW WKHS	WKHS	4,001	$12.0k0.01%	0.01%	New
94	NVNI GROUP LIMITED ORD SHS NEW NVNIF	NVNIF	10,775	$12.0k0.01%	0.01%	New
95	VERASTEM INC COM NEW VSTM	VSTM	1,894	$10.0k0.01%	0.01%	Unchanged
96	VANECK ETF TRUST VANECK RUSSIA ET VANECK RUSSIA ET		30,500	$9.0k0.01%	0.01%	Unchanged
97	ACTELIS NETWORKS INC COM SHS ASNS	ASNS	20,118	$8.0k0.01%	0.01%	New
98	ALLOGENE THERAPEUTICS INC COM ALLO	ALLO	3,234	$8.0k0.01%	0.01%	Unchanged
99	CADRENAL THERAPEUTICS INC COM NEW CVKD	CVKD	1,492	$8.0k0.01%	0.01%	New
100	EIGHTCO HOLDINGS INC COM ORBS	ORBS	8,456	$8.0k0.01%	0.01%	New

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
Makita Corp MKEWF	MKEWF	4,000	$18.9m4.0k shares
Equinor ASA STOHF	STOHF	13,500	$3.2m13.5k shares
SOTHERLY HOTELS INC SOHO	SOHO	850,119	$1.8m850.1k shares
Ngl Energy Partners Lp NGL V0 PERP B	NGL V0 PERP B	74,121	$1.8m74.1k shares
Sotherly Hotels Inc 7.875 Pfd SOHO 7.875 PERP C	SOHO 7.875 PERP C	98,909	$1.7m98.9k shares
DAQO NEW ENERGY CORP DQ	DQ	54,700	$1.6m54.7k shares
Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A BANC V7.75 PERP F	BANC V7.75 PERP F	41,478	$1.0m41.5k shares
QURATE RETAIL INC QVCG 8 03.15.31	QVCG 8 03.15.31	113,413	$413.0k113.4k shares
Acres Commercial Realty Corp ACR V8.625 PERP C	ACR V8.625 PERP C	15,585	$393.0k15.6k shares
DPM METALS INC DPMLF	DPMLF	8,800	$373.0k8.8k shares
KELT EXPLORATION LTD KELTF	KELTF	28,400	$218.0k28.4k shares
ALAMOS GOLD INC NEW AGI	AGI	3,680	$142.0k3.7k shares
ARS PHARMACEUTICALS INC SPRY	SPRY	10,556	$123.0k10.6k shares
Tourmaline Oil Corp TRMLF	TRMLF	1,900	$117.0k1.9k shares
GENIUS SPORTS LIMITED GENI	GENI	3,800	$42.0k3.8k shares
DISC MEDICINE INC IRON	IRON	502	$40.0k502 shares
TPG INC TPG	TPG	280	$18.0k280 shares
SONIDA SENIOR LIVING INC SNDA	SNDA	480	$16.0k480 shares
GREIF INC GEF.B	GEF.B	219	$16.0k219 shares
CECO ENVIRONMENTAL CORP CECO	CECO	267	$16.0k267 shares
CYTOKINETICS INC CYTK	CYTK	229	$15.0k229 shares
ZOOM COMMUNICATIONS INC ZM	ZM	160	$14.0k160 shares
CS DISCO INC LAW	LAW	1,765	$14.0k1.8k shares
BYLINE BANCORP INC BY	BY	432	$13.0k432 shares
AGILYSYS INC AGYS	AGYS	98	$12.0k98 shares