# EDGAR Filing Document

**Accession Number:** 0002011524
**File Stem:** 0000929638-25-003036
**Filing Date:** 2025-8
**Character Count:** 8928
**Document Hash:** ff33575e1213c3ed6e5a16420872dd13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-003036.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0000929638-25-003036

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AYAL Capital Advisors Ltd
- **CENTRAL INDEX KEY:** 0002011524

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23905
- **FILM NUMBER:** 251218444

**BUSINESS ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1900
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7
- **BUSINESS PHONE:** 416-687-6671

**MAIL ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1900
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** AYAL Capital Advisors Ltd<br>**Address:** 151 YONGE STREET<br>SUITE 1900<br>Toronto, A6 M5C 2W7

**Form 13F File Number:** 028-23905

**CRD Number (if applicable):** 000169853

**SEC File Number (if applicable):** 802-78881

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:** Peter Chan<br>**Title:** Chief Compliance and Chief Financial Officer<br>**Phone:** 416-687-6671

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

/s/ Peter Chan  Toronto, A6  08-14-2025<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:** 52

**Form 13F Information Table Value Total:** $418641388

      (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 |
| AGCO CORP | COM | 001084102 |  | 5158000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 14090050 | 2045000 | SH | Call | SOLE |  | 2045000 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 7523880 | 1092000 | SH |  | SOLE |  | 1092000 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 4922580 | 26000 | SH |  | SOLE |  | 26000 | 0 | 0 |
| ALLEGIANT TRAVEL CO | COM | 01748X102 |  | 10407530 | 189400 | SH | Call | SOLE |  | 189400 | 0 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 5450500 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 |  | 3915000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| ANTERIX INC | COM | 03676C100 |  | 6160386 | 240171 | SH |  | SOLE |  | 240171 | 0 | 0 |
| ARGAN INC | COM | 04010E109 |  | 5512000 | 25000 | SH | Put | SOLE |  | 25000 | 0 | 0 |
| BROOKDALE SR LIVING INC | COM | 112463104 |  | 8030448 | 1153800 | SH |  | SOLE |  | 1153800 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 4667600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| BXP INC | COM | 101121101 |  | 1248195 | 18500 | SH | Put | SOLE |  | 18500 | 0 | 0 |
| CALUMET INC | COM | 131428104 |  | 5277925 | 335000 | SH |  | SOLE |  | 335000 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 5729237 | 36700 | SH |  | SOLE |  | 36700 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 2881375 | 17500 | SH | Call | SOLE |  | 17500 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 2453500 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 1986000 | 75000 | SH | Put | SOLE |  | 75000 | 0 | 0 |
| ENVIRI CORP | COM | 415864107 |  | 7591328 | 874577 | SH |  | SOLE |  | 874577 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 5495597 | 1497438 | SH |  | SOLE |  | 1497438 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 8977377 | 175100 | SH |  | SOLE |  | 175100 | 0 | 0 |
| GLOBAL X FDS | DATA CTR  DIGIT | 37954Y236 |  | 5592000 | 300000 | SH | Put | SOLE |  | 300000 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 5344470 | 43000 | SH |  | SOLE |  | 43000 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 5944500 | 144319 | SH |  | SOLE |  | 144319 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 6574500 | 135000 | SH |  | SOLE |  | 135000 | 0 | 0 |
| HCI GROUP INC | COM | 40416E103 |  | 1293700 | 8500 | SH | Put | SOLE |  | 8500 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 5535306 | 118200 | SH |  | SOLE |  | 118200 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 31453500 | 390000 | SH | Put | SOLE |  | 390000 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 34846400 | 145000 | SH | Put | SOLE |  | 145000 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 637602 | 13300 | SH |  | SOLE |  | 13300 | 0 | 0 |
| LATHAM GROUP INC | COM | 51819L107 |  | 5104000 | 800000 | SH |  | SOLE |  | 800000 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S A | 531229748 |  | 5643080 | 71000 | SH |  | SOLE |  | 71000 | 0 | 0 |
| MAGNITE INC | COM | 55955D100 |  | 4002400 | 165937 | SH |  | SOLE |  | 165937 | 0 | 0 |
| METHANEX CORP | COM | 59151K108 |  | 4965000 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| METHANEX CORP | COM | 59151K108 |  | 6486706 | 195973 | SH |  | SOLE |  | 195973 | 0 | 0 |
| NETGEAR INC | COM | 64111Q104 |  | 7267558 | 250002 | SH |  | SOLE |  | 250002 | 0 | 0 |
| NORTH AMERN CONSTR GROUP LTD | COM | 656811106 |  | 4986879 | 312070 | SH |  | SOLE |  | 312070 | 0 | 0 |
| ORTHOFIX MED INC | COM | 68752M108 |  | 10516713 | 943203 | SH |  | SOLE |  | 943203 | 0 | 0 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 1393600 | 65000 | SH | Put | SOLE |  | 65000 | 0 | 0 |
| POWERFLEET INC | COM | 73931J109 |  | 1409667 | 327069 | SH |  | SOLE |  | 327069 | 0 | 0 |
| PROFICIENT AUTO LOGISTICS INC | COM | 74317M104 |  | 4288482 | 590700 | SH |  | SOLE |  | 590700 | 0 | 0 |
| PROFOUND MED CORP | COM NEW | 74319B502 |  | 243717 | 41308 | SH |  | SOLE |  | 41308 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 4449000 | 150000 | SH | Call | SOLE |  | 150000 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 6390300 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| SKY HARBOUR GROUP CORPORATION | COM CL A | 83085C107 |  | 4148264 | 424592 | SH |  | SOLE |  | 424592 | 0 | 0 |
| SOLARIS ENERGY INFRAS INC | COM CL A | 83418M103 |  | 8406062 | 297139 | SH |  | SOLE |  | 297139 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 91132875 | 147500 | SH | Put | SOLE |  | 147500 | 0 | 0 |
| SPDR SERIES TRUST | S BK ETF | 78464A797 |  | 5297200 | 95000 | SH | Call | SOLE |  | 95000 | 0 | 0 |
| STONERIDGE INC | COM | 86183P102 |  | 6501398 | 923494 | SH |  | SOLE |  | 923494 | 0 | 0 |
| SURGERY PARTNERS INC | COM | 86881A100 |  | 2778750 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| TFI INTL INC | COM | 87241L109 |  | 910151 | 10150 | SH |  | SOLE |  | 10150 | 0 | 0 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 |  | 16121100 | 145000 | SH | Put | SOLE |  | 145000 | 0 | 0 |
| XPONENTIAL FITNESS INC | COM CL A | 98422X101 |  | 1498000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |

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