# EDGAR Filing Document

**Accession Number:** 0002114319
**File Stem:** 0002114319-26-000005
**Filing Date:** 2026-5
**Character Count:** 14152
**Document Hash:** a0c5e2a77511fbb23f292a1b4806af4b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002114319-26-000005.hdr.sgml**: 20260513

**ACCESSION NUMBER**: 0002114319-26-000005

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260513

**DATE AS OF CHANGE**: 20260512

**EFFECTIVENESS DATE**: 20260513

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cygnus Capital Advisors, LLC
- **CENTRAL INDEX KEY:** 0002114319

**ORGANIZATION NAME:**
- **EIN:** 472819859
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26887
- **FILM NUMBER:** 26970622

**BUSINESS ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD NW
- **STREET 2:** SUITE 1080
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
- **BUSINESS PHONE:** 404-443-4762

**MAIL ADDRESS:**
- **STREET 1:** 3060 PEACHTREE ROAD NW
- **STREET 2:** SUITE 1080
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cygnus Capital Advisors LLC<br>**Address:** 3060 PEACHTREE ROAD NW<br>SUITE 1080<br>ATLANTA, GA 30305

**Form 13F File Number:** 028-26887

**CRD Number (if applicable):** 000323041

**SEC File Number (if applicable):** 801-129383

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** /s/ Dipo Popoola<br>**Title:** Chief Compliance Officer<br>**Phone:** 404-443-4762

**Signature, Place, and Date of Signing:**

/s/ Dipo Popoola  Atlanta, GA  05-12-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 113

**Form 13F Information Table Value Total:** $146324

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Actelis Networks Inc | COM | 00503R508 |  | 8 | 20118 | SH |  | SOLE |  | 20118 | 0 | 0 |
| Adobe Inc | COM | 00724F101 |  | 3354 | 13800 | SH |  | SOLE |  | 13800 | 0 | 0 |
| Advance Auto Parts Inc | COM | 00751Y106 |  | 6656 | 126178 | SH |  | SOLE |  | 126178 | 0 | 0 |
| Alibaba Group Holding Ltd | COM | 01609W102 |  | 738 | 5880 | SH |  | SOLE |  | 5880 | 0 | 0 |
| ALIGHT INC | COM | 01626W101 |  | 204 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| Alliance Resource Partners LP | COM | 01877R108 |  | 377 | 13624 | SH |  | SOLE |  | 13624 | 0 | 0 |
| Allogene Therapeutics Inc | COM | 019770106 |  | 8 | 3234 | SH |  | SOLE |  | 3234 | 0 | 0 |
| ALPHABET INC | COM | 02079K107 |  | 2524 | 8800 | SH |  | SOLE |  | 8800 | 0 | 0 |
| AMC Entertainment Holdings Inc | COM | 00165C302 |  | 21 | 21616 | SH |  | SOLE |  | 21616 | 0 | 0 |
| Amicus Therapeutics Inc | COM | 03152W109 |  | 59 | 4082 | SH |  | SOLE |  | 4082 | 0 | 0 |
| Annexon Inc | COM | 03589W102 |  | 123 | 22200 | SH |  | SOLE |  | 22200 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 284 | 1120 | SH |  | SOLE |  | 1120 | 0 | 0 |
| Arrive Ai Inc | COM | 04272H204 |  | 21 | 26000 | SH |  | SOLE |  | 26000 | 0 | 0 |
| Atlantic International Corp | COM | 048592109 |  | 32 | 10712 | SH |  | SOLE |  | 10712 | 0 | 0 |
| Bath  Body Works Inc | COM | 070830104 |  | 22 | 1191 | SH |  | SOLE |  | 1191 | 0 | 0 |
| Butterfly Network Inc | COM | 124155102 |  | 15 | 3634 | SH |  | SOLE |  | 3634 | 0 | 0 |
| Cadrenal Therapeutics Inc | COM | 127636207 |  | 8 | 1492 | SH |  | SOLE |  | 1492 | 0 | 0 |
| Callaway Golf Company | COM | 131193104 |  | 1153 | 83092 | SH |  | SOLE |  | 83092 | 0 | 0 |
| Cambium Networks Corp | COM | G17766109 |  | 2 | 15771 | SH |  | SOLE |  | 15771 | 0 | 0 |
| Cannae Holdings Inc | COM | 13765N107 |  | 2442 | 214848 | SH |  | SOLE |  | 214848 | 0 | 0 |
| Carmax Inc | COM | 143130102 |  | 324 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| Coelacanth Energy Inc | COM | 192077105 |  | 217 | 258000 | SH |  | SOLE |  | 258000 | 0 | 0 |
| Compass Therapeutics Inc. | COM | 20454B104 |  | 95 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| Critical Metals Corp | COM | G2662B103 |  | 211 | 26617 | SH |  | SOLE |  | 26617 | 0 | 0 |
| Cypherpunk Technologies Inc | COM | 52187K200 |  | 135 | 11492 | SH |  | SOLE |  | 11492 | 0 | 0 |
| Datavault AI Inc | COM | 86633R609 |  | 32 | 51293 | SH |  | SOLE |  | 51293 | 0 | 0 |
| Deutsche Lufthansa AG | COM | D1908N106 |  | 2216 | 308000 | SH |  | SOLE |  | 308000 | 0 | 0 |
| Dragonfly Energy Holdings Corp | COM | 26145B403 |  | 47 | 27151 | SH |  | SOLE |  | 27151 | 0 | 0 |
| easyJet plc | COM | G3030S109 |  | 2777 | 800000 | SH |  | SOLE |  | 800000 | 0 | 0 |
| Edgewise Therapeutics Inc | COM | 28036F105 |  | 108 | 3427 | SH |  | SOLE |  | 3427 | 0 | 0 |
| Eightco Holdings Inc | COM | 22890A302 |  | 8 | 8456 | SH |  | SOLE |  | 8456 | 0 | 0 |
| Envirotech Vehicles Inc | COM | 29414V308 |  | 90 | 54000 | SH |  | SOLE |  | 54000 | 0 | 0 |
| Everbright Digital Holding Ltd | COM | G32212113 |  | 4 | 1294 | SH |  | SOLE |  | 1294 | 0 | 0 |
| Firefly Neuroscience Inc | COM | 317970101 |  | 44 | 20039 | SH |  | SOLE |  | 20039 | 0 | 0 |
| Genprex Inc | COM | 372446302 |  | 4 | 2195 | SH |  | SOLE |  | 2195 | 0 | 0 |
| GoPro Inc | COM | 38268T103 |  | 124 | 161000 | SH |  | SOLE |  | 161000 | 0 | 0 |
| Gore Street Energy Storage Fund Plc | COM | G3992C100 |  | 475 | 878639 | SH |  | SOLE |  | 878639 | 0 | 0 |
| Gran Tierra Energy Inc | COM | 38500T200 |  | 732 | 81610 | SH |  | SOLE |  | 81610 | 0 | 0 |
| Heidmar Maritime Holdings Corp | COM | Y3130D101 |  | 4 | 4730 | SH |  | SOLE |  | 4730 | 0 | 0 |
| Hesai Group | COM | G4417G106 |  | 1243 | 8800 | SH |  | SOLE |  | 8800 | 0 | 0 |
| Husqvarna AB | COM | W4235G116 |  | 37170 | 1003800 | SH |  | SOLE |  | 1003800 | 0 | 0 |
| Immersion Corp | COM | 452521107 |  | 82 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| Immunome Inc | COM | 45257U108 |  | 150 | 6880 | SH |  | SOLE |  | 6880 | 0 | 0 |
| iShares MSCI Hong Kong ETF | COM | 464286871 |  | 1127 | 48800 | SH |  | SOLE |  | 48800 | 0 | 0 |
| iTonic Holdings Ltd | COM | G71399102 |  | 2 | 5248 | SH |  | SOLE |  | 5248 | 0 | 0 |
| JD.com Inc | COM | 47215P106 |  | 467 | 15800 | SH |  | SOLE |  | 15800 | 0 | 0 |
| Jet.AI Inc | COM | 47714H407 |  | 18 | 204731 | SH |  | SOLE |  | 204731 | 0 | 0 |
| Jones Lang LaSalle Inc | COM | 48020Q107 |  | 548 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| Kenvue Inc | COM | 49177J102 |  | 1772 | 102800 | SH |  | SOLE |  | 102800 | 0 | 0 |
| KraneShares CSI China Internet ETF | COM | 500767306 |  | 1103 | 38800 | SH |  | SOLE |  | 38800 | 0 | 0 |
| Kura Oncology Inc | COM | 50127T109 |  | 15 | 1788 | SH |  | SOLE |  | 1788 | 0 | 0 |
| Kyndryl Holdings Inc | COM | 50155Q100 |  | 5064 | 386000 | SH |  | SOLE |  | 386000 | 0 | 0 |
| Liminatus Pharma Inc | COM | 53271X108 |  | 60 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| Logan Energy Corp | COM | 540899101 |  | 259 | 270000 | SH |  | SOLE |  | 270000 | 0 | 0 |
| Lyft Inc | COM | 55087P104 |  | 1595 | 119915 | SH |  | SOLE |  | 119915 | 0 | 0 |
| Macy's Inc | COM | 55616P104 |  | 213 | 11800 | SH |  | SOLE |  | 11800 | 0 | 0 |
| MagnaChip Semiconductor Corp | COM | 55933J203 |  | 2055 | 733954 | SH |  | SOLE |  | 733954 | 0 | 0 |
| Mbx Biosciences Inc | COM | 55287L101 |  | 54 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| Mhp Se | COM | 55302T204 |  | 569 | 75800 | SH |  | SOLE |  | 75800 | 0 | 0 |
| Monro Muffler Brake Inc | COM | 610236101 |  | 527 | 32880 | SH |  | SOLE |  | 32880 | 0 | 0 |
| Nakamoto Inc | COM | 49457M106 |  | 1 | 4925 | SH |  | SOLE |  | 4925 | 0 | 0 |
| Natural Resource Partners LP | COM | 63900P608 |  | 1186 | 9800 | SH |  | SOLE |  | 9800 | 0 | 0 |
| Nauticus Robotics Inc | COM | 63911H306 |  | 27 | 55029 | SH |  | SOLE |  | 55029 | 0 | 0 |
| Nebius Group NV | COM | N97284108 |  | 2594 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| Newell Brands Inc | COM | 651229106 |  | 1918 | 559097 | SH |  | SOLE |  | 559097 | 0 | 0 |
| NGL Energy Partners LP | COM | 62913M107 |  | 2231 | 180927 | SH |  | SOLE |  | 180927 | 0 | 0 |
| Nine Energy Service Inc | COM | 65441V200 |  | 3731 | 455058 | SH |  | SOLE |  | 455058 | 0 | 0 |
| Novo Nordisk A/S | COM | K72807140 |  | 12653 | 54800 | SH |  | SOLE |  | 54800 | 0 | 0 |
| Nuburu Inc | COM | 67021W400 |  | 19 | 108625 | SH |  | SOLE |  | 108625 | 0 | 0 |
| Nurix Therapeutics Inc | COM | 67080M103 |  | 51 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| Nuvation Bio Inc | COM | 67080N101 |  | 17 | 3872 | SH |  | SOLE |  | 3872 | 0 | 0 |
| NVNI GROUP LTD | COM | G50716128 |  | 12 | 10775 | SH |  | SOLE |  | 10775 | 0 | 0 |
| Olenox Industries Inc | COM | 78418A703 |  | 58 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| Ondas Inc | COM | 68236H204 |  | 26 | 2903 | SH |  | SOLE |  | 2903 | 0 | 0 |
| OppFi Inc | COM | 68386H103 |  | 8 | 1065 | SH |  | SOLE |  | 1065 | 0 | 0 |
| Pandora A/S | COM | K7681L102 |  | 567 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| Party City Holdco Inc Restricted | COM | 702QIBAB6 |  | 0 | 10873 | SH |  | SOLE |  | 10873 | 0 | 0 |
| Penn Entertainment Inc | COM | 707569109 |  | 280 | 18600 | SH |  | SOLE |  | 18600 | 0 | 0 |
| Pfizer Inc | COM | 717081103 |  | 4010 | 142800 | SH |  | SOLE |  | 142800 | 0 | 0 |
| PSQ Holdings Inc | COM | 693691107 |  | 40 | 76000 | SH |  | SOLE |  | 76000 | 0 | 0 |
| Quantum Corp | COM | 747906600 |  | 590 | 124086 | SH |  | SOLE |  | 124086 | 0 | 0 |
| QVC Group Inc | COM | 74915M605 |  | 4 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| Rani Therapeutics Holdings Inc | COM | 753018100 |  | 85 | 115649 | SH |  | SOLE |  | 115649 | 0 | 0 |
| Robin Energy Ltd | COM | Y73118112 |  | 83 | 33997 | SH |  | SOLE |  | 33997 | 0 | 0 |
| Seritage Growth Properties | COM | 81752R100 |  | 284 | 101000 | SH |  | SOLE |  | 101000 | 0 | 0 |
| Seritage Growth Properties | COM | 81752R100 |  | 2109 | 750447 | SH |  | SOLE |  | 750447 | 0 | 0 |
| Shopify Inc | COM | 82509L107 |  | 119 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| Sidus Space Inc | COM | 826165201 |  | 28 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| Sionna Therapeutics Inc | COM | 829401108 |  | 152 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| SMA Solar Technology AG | COM | D7008K108 |  | 4366 | 94800 | SH |  | SOLE |  | 94800 | 0 | 0 |
| Spartan Delta Corp | COM | 84678A508 |  | 1206 | 92800 | SH |  | SOLE |  | 92800 | 0 | 0 |
| Stoke Therapeutics Inc | COM | 86150R107 |  | 49 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| Strongpoint ASA | COM | R1534S102 |  | 60 | 5696 | SH |  | SOLE |  | 5696 | 0 | 0 |
| SunPower Inc | COM | 20460L104 |  | 668 | 526164 | SH |  | SOLE |  | 526164 | 0 | 0 |
| T3 Defense Inc | COM | 67054R203 |  | 3 | 4800 | SH |  | SOLE |  | 4800 | 0 | 0 |
| Target Corp | COM | 87612E106 |  | 7127 | 58800 | SH |  | SOLE |  | 58800 | 0 | 0 |
| TherapeuticsMD Inc | COM | 88338N206 |  | 18 | 9069 | SH |  | SOLE |  | 9069 | 0 | 0 |
| TOPPS TILES PLC | COM | G8923L145 |  | 55 | 158888 | SH |  | SOLE |  | 158888 | 0 | 0 |
| TripAdvisor Inc | COM | 896945201 |  | 3029 | 284113 | SH |  | SOLE |  | 284113 | 0 | 0 |
| United Parcel Service Inc | COM | 911312106 |  | 5785 | 58800 | SH |  | SOLE |  | 58800 | 0 | 0 |
| VanEck Russia ETF | COM | 92189F403 |  | 9 | 30500 | SH |  | SOLE |  | 30500 | 0 | 0 |
| Vci Global Ltd | COM | G98218400 |  | 8 | 5136 | SH |  | SOLE |  | 5136 | 0 | 0 |
| VEON Ltd | COM | 91822M502 |  | 1800 | 38880 | SH |  | SOLE |  | 38880 | 0 | 0 |
| Verastem Inc | COM | 92337C203 |  | 10 | 1894 | SH |  | SOLE |  | 1894 | 0 | 0 |
| Versant Media Group Inc | COM | 925283103 |  | 3131 | 84578 | SH |  | SOLE |  | 84578 | 0 | 0 |
| Vital Farms Inc | COM | 92847W103 |  | 400 | 28318 | SH |  | SOLE |  | 28318 | 0 | 0 |
| VSee Health Inc | COM | 92919Y102 |  | 30 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| Workday Inc | COM | 98138H101 |  | 2832 | 21800 | SH |  | SOLE |  | 21800 | 0 | 0 |
| Workhorse Group Inc | COM | 98138J503 |  | 3 | 1067 | SH |  | SOLE |  | 1067 | 0 | 0 |
| Workhorse Group Inc | COM | 98138J503 |  | 9 | 2934 | SH |  | SOLE |  | 2934 | 0 | 0 |
| Ww International Inc | COM | 98262P200 |  | 2723 | 198215 | SH |  | SOLE |  | 198215 | 0 | 0 |
| Yelp Inc | COM | 985817105 |  | 124 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| Zymeworks Inc | COM | 98985Y108 |  | 205 | 8197 | SH |  | SOLE |  | 8197 | 0 | 0 |

---