HedgeMountain

Sycale Advisors

New York, NY · CRD 168204
Hedge fund manager

Sycale Advisors is an SEC-registered investment adviser based in New York, NY that reports managing 5 hedge funds on Form ADV. It reports $473.1 million in regulatory assets under management. Its private funds, of all types, hold $1.1 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated -22.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +1.2% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
$473.1 millionForm ADV Item 5.F
Gross assets of private funds
$1.1 billionAll private fund types, Form ADV
Hedge funds managed
59 private funds in total
Employees
6Form ADV Item 5.A
Registration
SEC-registered adviserCRD 168204
Latest Form ADV
03/27/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD-22.8%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+1.2%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$224.5 million22 positions, 2026-06-30
$100$120$141Q3 2024Q1 2025Q3 2025Q1 202613F est. $101S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026-4.4%+14.8%
Q1 2026-19.3%-4.6%
Q4 2025-5.8%+2.4%
Q3 2025-1.1%+7.8%
Q2 2025+18.8%+10.4%
Q1 2025+4.3%-4.5%
Q4 2024+2.4%+2.1%
Q3 2024+10.9%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Spotify Technology SA$19.6 million
  • Tko Group Holdings Inc CL A$16.3 million
  • Microsoft Corp Com$15.7 million
  • Netflix Inc Com$15.5 million
  • Api Group Corp$15.2 million
  • Meta Platforms, Inc.$11.8 million
  • Genius Sports LTD Com NPV$11.7 million
  • Cae Inc$11.2 million
  • Nelnet Inc$11.1 million
  • Axon Enterprise Inc$10.9 million

As of 2026-06-30, from 13F filing by Sycale Advisors (NY) LLC.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures