13F Pro13F Pro

MMCAP International Inc. SPC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1304857
Institutional-grade research for retail investors

Sector Allocation

  • Financials44.3%$522.1M
  • Other24.9%$294.3M
  • Materials18.0%$212.4M
  • Consumer Discretionary3.6%$42.6M
  • Healthcare2.6%$31.3M
  • Industrials2.5%$29.3M
  • Technology2.2%$26.2M
  • Utilities1.5%$18.1M
  • Energy0.1%$1.8M
  • Real Estate0.1%$1.3M

AUM History

13fpro.ai/research/fund/mmcap-international-inc-spc-1304857

Conviction and streaks

Diversifying · top 10 = 28.1%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

Largest positions — Q2 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/mmcap-international-inc-spc-1304857

MMCAP International Inc. SPC 13F holdings — Q2 2026

$1.2B portfolio (+1.8% QoQ) · 303 holdings · Q2 2026 13F · top 10 are 28% of the stock portfolio

All holdings — MMCAP International Inc. SPC (Q2 2026)

303 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
— FutureCorp Space Acquisition 1 - UNIT 99/99/9999lp unit$17.7MNew
MZYX$MZYXMOZAYYX Acquisition Corp.$17.4MNew
IACO$IACOIdea Acquisition Corp.$17.3MNew
— InterPrivate Investment Partne - UNIT 05/27/2031lp unit$16.9MNew
— Churchill Capital Corp XI - CL A ORD SHS$16.6MNew
CRDL$CRDLCardiol Therapeutics Inc.$16.5M+2%
RDAG$RDAGRepublic Digital Acquisition Co$16.2M—
LPAA$LPAALaunch One Acquisition Corp.$16.0M—
CEPF$CEPFCantor Equity Partners IV, Inc.$15.6M—
IRHO$IRHOIron Horse Acquisition II Corp.$15.0M—
— Meshflow Acquisition Corp - USD CL A ORD SHS$15.0MNew
WLCO$WLCOWilco 63 Corplp unit$14.9MNew
QADR$QADRQDRO Acquisition Corp.$14.9MNew
APTV$APTVAptiv PLC$14.8M+3%
IPCX$IPCXInflection Point Acquisition Corp. III$14.5M—

What changed in Q2 2026

Against the previous quarter's 13F: 119 new, 9 added to, 16 trimmed, 54 sold out. Share-count changes; largest moves by dollar size first.

New positions (119)

  • Churchill Capital Corp XII - CL A ORD SHS$28.8M

    first bought this quarter

  • CGCF$CGCFCartesian Growth Corp IV$23.5M

    first bought this quarter

  • Inflection Point Acquisition C - CL A ORD SHS$20.0M

    first bought this quarter

  • TAC$TACTRANSALTA CORP$18.1M

    first bought this quarter

  • FutureCorp Space Acquisition 1 - UNIT 99/99/9999$17.7M

    first bought this quarter

  • MZYX$MZYXMOZAYYX Acquisition Corp.$17.4M

    first bought this quarter

+113 more in the Excel export

Added to (9)

  • NHIC$NHICNewHold Investment Corp. III+250%

    now $7.6M · held 4 qtrs

  • NXE$NXENexGen Energy Ltd.+11%

    now $25.3M · held 10+ qtrs

  • MOS$MOSMOSAIC CO+55%

    now $5.5M · held 2 qtrs, 2 adds in a row

  • QXL$QXLQUANTUM X LABS INC.+212%

    now $2.1M · held 5 qtrs

  • GM$GMGeneral Motors Co+12%

    now $11.6M · held 8 qtrs, 4 adds in a row

  • APTV$APTVAptiv PLC+3%

    now $14.8M · held 4 qtrs, 4 adds in a row

+3 more in the Excel export

Trimmed (16)

  • ZOOZ$ZOOZZOOZ Strategy Ltd.-95%

    now $1.9M · held 3 qtrs

  • STLD$STLDSTEEL DYNAMICS INC-95%

    now $904K · held 4 qtrs

  • ARIS$ARISAris Mining Corp-13%

    now $101.8M · held 10+ qtrs, 3 trims in a row

  • STM$STMSTMicroelectronics N.V.-56%

    now $10.2M · held 2 qtrs

  • WY$WYWEYERHAEUSER CO-87%

    now $1.3M · held 3 qtrs

  • ASTL$ASTLAlgoma Steel Group Inc.-15%

    now $44.4M · held 10+ qtrs

+10 more in the Excel export

Sold out (54)

  • XNDU$XNDUXanadu Quantum Technologies Ltdwas $48.1M

    held 1 qtr

  • CCXI$CCXIChurchill Capital Corp XIwas $27.7M

    held 2 qtrs

  • MOZAYYX Acquisition Corpwas $17.4M
  • Idea Acquisition Corpwas $17.3M
  • Inflection Point Acquisition Cwas $15.2M
  • MESH$MESHMeshflow Acquisition Corpwas $14.9M

+48 more in the Excel export

Holdings by quarter

Every 13F MMCAP International Inc. SPC has filed, 26 earlier quarters. Pick one to see what it held then.

Email me the moment this fund files its next 13FPro

Is it too late to follow MMCAP International SPC?

Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.

Top 10 since filing

-4.0%

Value-weighted move of the 10 largest stock positions

Turnover

41%

Last quarter; 117% over the last 4

Top 10 weight

28%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

65%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

MMCAP International Inc. SPC disclosed 303 positions worth $1.2B in its Form 13F-HR for Q2 2026, led by $ARIS (Aris Mining Corp) at 8.6% of the equity portfolio, followed by $ASTL. During the quarter the fund opened 119 new positions and exited 54 and a full exit from $XNDU. The portfolio is most concentrated in Financials (44.3% of disclosed assets). All figures are sourced directly from MMCAP International Inc. SPC’s Form 13F-HR filing with the SEC under CIK 1304857.

Browse Top Institutional Investors

13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.

to search all 8,700+ institutional filers.

AI-Powered Hedge Fund Analysis: MMCAP International Inc. SPC

13F Pro is an AI hedge fund tracker and stock research platform. For MMCAP International Inc. SPC (SEC CIK: 1304857), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in MMCAP International Inc. SPC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.