Cruiser Capital Advisors, LLC

Registered adviser

CIK

1713506

Location

Stamford, CT

Portfolio Value

Small $105,820,866

Diversification

Moderately concentrated

Filing Date

Global Rank

#8,260 / 8,818 ▲ 25

Top Industry

Aerospace & Defense 37.2%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 168739

Roster of Oct 1, 2026

Regulatory AUM

$104,440,949

Main clients

Pooled investment vehicles (64% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$66,641,007 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$72,687,662 gross assets in 5 funds Hedge funds $72,687,662 (5)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$104,440,949	Pooled investment vehicles (64%)
Apr 2025 to Mar 2026	$106,731,733	Pooled investment vehicles (65%)
Apr 2024 to Mar 2025	$91,049,240	Pooled investment vehicles (80%)
May 2023 to Mar 2024	$162,930,115	Pooled investment vehicles (53%)
Apr 2023	$162,930,115	Pooled investment vehicles (53%)
Apr 2022 to Mar 2023	$131,501,328	Individuals and high net worth (63%)

3 earlier changes not shown.

Stated strategy

Fundamental active, Value, Fixed income / rates, Long/short hedge, Multi-asset Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Fundamental active: primarily on fundamental and comprehensive research and analysis which are subjective and qualitative.
Value: Special situations include, but are not limited to, minority positions in debt or equity securities that are believed to be significantly overvalued or undervalued and that are expected to move toward fair value within a targeted period of time.
Fixed income / rates: The Advisor seeks to invest in special situations in the equity, debt and structured products markets based on in-depth research and analysis.
Long/short hedge: We will sell securities short that we believe are overvalued, and will also hedge the portfolio by utilizing equity, credit and currency investments.
Multi-asset: hedge the portfolio by utilizing equity, credit and currency investments.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 82.4% of the book (60%+)

Turnover

Medium turnover

37.2% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 13.2 quarters (12+)

Closest benchmark: the S&P MidCap 400 as of 2026-06-30, active share 99.1%; sector active share 63.2% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

48 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

36.8%

+3.6 pts

Top 5

64.6%

+2.5 pts

Top 10

82.4%

−0.6 pts

HHI

1,640

Moderately concentrated+203

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	60.3%	$63,828,404	13
Basic Materials	14.8%	$15,617,228	7
Financial Services	9.3%	$9,875,979	7
Communication Services	6.6%	$7,029,195	4
Technology	3.8%	$3,986,674	6
Consumer Defensive	2.7%	$2,848,200	2
Consumer Cyclical	1.3%	$1,335,100	1
Unclassified	0.5%	$525,900	1
Real Estate	0.4%	$474,903	2
Energy	0.2%	$227,550	1
Healthcare	0.1%	$71,733	4

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
FIP	FTAI Infrastructure Inc.	+40,008	694,431	$3,222,159
DUOT	Duos Technologies Group, Inc.	+25,000	119,852	$1,438,224
FTAI	FTAI Aviation Ltd.	+21,265	143,941	$38,940,358
CE	Celanese Corp	+17,404	22,211	$1,021,706
QXO	QXO, Inc.	+1,630	11,630	$200,966
GFL	GFL Environmental Inc.	+500	119,267	$4,387,832
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
TIC	TIC Solutions, Inc.	−64,671	108,037	$874,019
KD	Kyndryl Holdings, Inc.	−45,000	41,030	$464,049
COLD	Americold Realty Trust	−30,000	16,922	$266,013
GECC	Great Elm Capital Corp.	−29,691	97,779	$532,895
KINS	Kingstone Companies, Inc.	−29,010	304,701	$5,798,460
NN	Nextnav Inc.	−28,346	60,508	$1,078,857
NBIS	Nebius Group N.V.	−23,000	24,357	$6,726,672
SKIL	Skillsoft Corp.	−15,107	29,687	$153,778
NVRI	Enviri Corp	−7,772	24,485	$537,445
ALIT	Alight, Inc. / Delaware	−5,751	90,100	$50,456
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
NOMD	Nomad Foods Ltd	246,066	$2,694,422
AIB	AIB Data Centers Inc.	450,000	$954,000
FUL	Fuller H B Co	15,800	$920,982
CC	Chemours Co	27,100	$556,092
BKR	Baker Hughes Co	4,100	$227,550
RKLB	Rocket Lab Corp	2,000	$203,300
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
GLD	Spdr Gold Trust	10,228	$4,401,006
OSG	Octave Specialty Group Inc	108,798	$505,910
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

48 tracked positions · $105,820,866 total · filing declares 51 positions · $162,154,714 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
FTAI	FTAI Aviation Ltd. Industrials	Added	143,941	+21,265	$38,940,358	+29.6%	15	$52.68	36.80%
APG	APi Group Corp Industrials	Held	240,726	0	$10,194,746	+4.5%	25	$9.40	9.63%
NBIS	Nebius Group N.V. Communication Services	Reduced	24,357	-23,000	$6,726,672	+36.9%	6	$47.69	6.36%
CRH	Crh Public Ltd Co Basic Materials	Held	62,791	0	$6,718,637	+1.8%	12	$67.13	6.35%
KINS	Kingstone Companies, Inc. Financial Services	Reduced	304,701	-29,010	$5,798,460	+19.3%	8	$14.72	5.48%
ASH	Ashland Inc. Basic Materials	Held	66,784	0	$4,400,397	+18.5%	4	$56.26	4.16%
GFL	GFL Environmental Inc. Industrials	Added	119,267	+500	$4,387,832	−11.4%	25	unpriced	4.15%
ORN	Orion Group Holdings Inc Industrials	Held	244,104	0	$4,105,829	+54.3%	8	$7.63	3.88%
FIP	FTAI Infrastructure Inc. Industrials	Added	694,431	+40,008	$3,222,159	−0.3%	16	$4.47	3.04%
NOMD	Nomad Foods Ltd Consumer Defensive	NEW	246,066	NEW	$2,694,422	NEW	1	$9.95	2.55%
AGM	Federal Agricultural Mortgage Corp Financial Services	Held	10,981	0	$2,188,183	+34.3%	25	$103.54	2.07%
AVD	American Vanguard Corp Basic Materials	Held	571,781	0	$1,600,986	+12.4%	20	$18.20	1.51%
DUOT	Duos Technologies Group, Inc. Technology	Added	119,852	+25,000	$1,438,224	+121.0%	4	$8.92	1.36%
MOD	Modine Manufacturing Co Consumer Cyclical	Held	5,000	0	$1,335,100	+23.2%	12	$41.93	1.26%
NN	Nextnav Inc. Technology	Reduced	60,508	-28,346	$1,078,857	−24.2%	14	$10.60	1.02%
CE	Celanese Corp Basic Materials	Added	22,211	+17,404	$1,021,706	+223.2%	2	$56.65	0.97%
GDOT	Green Dot Corp Financial Services	Held	73,500	0	$992,985	+20.4%	5	$10.56	0.94%
AIB	AIB Data Centers Inc. Technology	NEW	450,000	NEW	$954,000	NEW	1	$1.80	0.90%
FUL	Fuller H B Co Basic Materials	NEW	15,800	NEW	$920,982	NEW	1	$61.50	0.87%
TIC	TIC Solutions, Inc. Industrials	Reduced	108,037	-64,671	$874,019	−23.1%	4	$11.38	0.83%
CC	Chemours Co Basic Materials	NEW	27,100	NEW	$556,092	NEW	1	$22.89	0.53%
NVRI	Enviri Corp Industrials	Reduced	24,485	-7,772	$537,445	−15.1%	3	$14.90	0.51%
GECC	Great Elm Capital Corp. Financial Services	Reduced	97,779	-29,691	$532,895	−16.6%	13	$9.38	0.50%
URNM		Held	10,000	0	$525,900	−16.7%	15	unpriced	0.50%
KD	Kyndryl Holdings, Inc. Technology	Reduced	41,030	-45,000	$464,049	−58.9%	2	$17.60	0.44%
		Held	2,200	0	$459,668	+1.1%	24	unpriced	0.43%
CECO	Ceco Environmental Corp Industrials	Held	4,431	0	$402,068	+52.3%	4	$42.33	0.38%
LODE	Comstock Inc. Basic Materials	Held	95,776	0	$398,428	+36.4%	4	$3.19	0.38%
BPRE	Bluerock Private Real Estate Fund Financial Services	Held	27,900	0	$362,979	−21.7%	2	$16.65	0.34%
COLD	Americold Realty Trust Real Estate	Reduced	16,922	-30,000	$266,013	−50.5%	3	$12.26	0.25%
BKR	Baker Hughes Co Energy	NEW	4,100	NEW	$227,550	NEW	1	$63.22	0.22%
GPGI	GPGI, Inc. Industrials	Held	13,876	0	$219,934	−7.3%	8	unpriced	0.21%
ACR	ACRES Commercial Realty Corp. Real Estate	Held	11,742	0	$208,890	−7.9%	6	$19.56	0.20%
RKLB	Rocket Lab Corp Industrials	NEW	2,000	NEW	$203,300	NEW	1	$99.63	0.19%
BODI	Beachbody Company, Inc. Communication Services	Held	19,830	0	$202,662	−5.9%	4	$5.11	0.19%
QXO	QXO, Inc. Industrials	Added	11,630	+1,630	$200,966	+3.5%	5	$16.73	0.19%
SKIL	Skillsoft Corp. Consumer Defensive	Reduced	29,687	-15,107	$153,778	−20.0%	8	$12.26	0.15%
TDAY	USA TODAY Co., Inc. Communication Services	Held	11,075	0	$94,691	+21.3%	9	$4.52	0.09%
INVE	INVE Technologies, Inc. Industrials	Held	31,778	0	$80,080	−31.9%	9	$4.75	0.08%
STIM	Neuronetics, Inc. Healthcare	Held	48,900	0	$63,570	−10.3%	6	$3.65	0.06%
ALIT	Alight, Inc. / Delaware Technology	Reduced	90,100	-5,751	$50,456	−9.7%	17	$4.49	0.05%
SCLXW	Scilex Holding Co Healthcare	Held	49,999	0	$6,485	+17.8%	15	unpriced	0.01%
RSVRW	Reservoir Media, Inc. Communication Services	Held	30,503	0	$5,170	−15.3%	20	unpriced	0.00%
BDMDW	Baird Medical Investment Holdings Ltd Healthcare	Held	25,000	0	$1,116	−54.2%	7	unpriced	0.00%
MSAIW	MultiSensor AI Holdings, Inc. Technology	Held	37,500	0	$1,088	−25.8%	11	unpriced	0.00%
ICUCW	SeaStar Medical Holding Corp Healthcare	Held	32,473	0	$562	−39.9%	15	unpriced	0.00%
BENFW	Beneficient Financial Services	Held	48,750	0	$477	−30.2%	11	unpriced	0.00%
AEAEW	AltEnergy Acquisition Corp Financial Services	Held	20,000	0	$0	—	14	unpriced	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.