MAC Alpha Capital Management, LP

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
20
Quarter
2025 Q4
Top Holding
BTG (14.5%)
Top 10 Concentration
70.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-20 of 20
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
BTG
B2GOLD CORP
Basic Materials 14.48% #1
Prev: #—
7.8 5,842,923 no change
NEW
5,842,923 $26,312,048 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FTI
TECHNIPFMC PLC
Energy 8.53% #2
Prev: #—
5.4 347,854 no change
NEW
347,854 $15,500,134 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ALSN
ALLISON TRANSMI...
Consumer Cyclical 7.47% #3
Prev: #—
5.0 138,709 no change
NEW
138,709 $13,579,357 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AXTA
AXALTA COATING ...
Basic Materials 7.34% #4
Prev: #—
4.9 412,758 no change
NEW
412,758 $13,335,968 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CLX
CLOROX CO DEL
Consumer Defensive 6.54% #5
Prev: #—
4.6 117,800 no change
NEW
117,800 $11,877,558 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SBSW
SIBANYE STILLWA...
Basic Materials 6.10% #6
Prev: #—
4.4 778,407 no change
NEW
778,407 $11,092,171 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ERO
ERO COPPER CORP
Basic Materials 5.48% #7
Prev: #—
4.2 351,237 no change
NEW
351,237 $9,966,150 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SAIC
SCIENCE APPLICA...
Technology 5.00% #8
Prev: #—
4.0 90,266 no change
NEW
90,266 $9,086,011 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SEE
SEALED AIR CORP...
Consumer Cyclical 4.93% #9
Prev: #—
4.0 216,493 no change
NEW
216,493 $8,969,145 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BWA
BORGWARNER INC
Consumer Cyclical 4.69% #10
Prev: #—
3.9 189,282 no change
NEW
189,282 $8,528,899 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ENR
ENERGIZER HLDGS...
Industrials 4.58% #11
Prev: #—
3.8 418,808 no change
NEW
418,808 $8,329,941 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TAP
MOLSON COORS BE...
Consumer Defensive 4.21% #12
Prev: #—
3.7 163,832 no change
NEW
163,832 $7,647,541 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GNTX
GENTEX CORP
Consumer Cyclical 3.36% #13
Prev: #—
3.3 262,700 no change
NEW
262,700 $6,112,920 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CPB
THE CAMPBELLS C...
Consumer Defensive 3.33% #14
Prev: #—
3.3 217,114 no change
NEW
217,114 $6,050,860 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RRC
RANGE RES CORP
Energy 3.07% #15
Prev: #—
3.2 158,276 no change
NEW
158,276 $5,580,714 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
STLD
STEEL DYNAMICS ...
Basic Materials 3.03% #16
Prev: #—
3.2 32,534 no change
NEW
32,534 $5,512,788 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CLB
CORE LABORATORI...
Energy 2.76% #17
Prev: #—
3.1 312,928 no change
NEW
312,928 $5,016,148 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LW
LAMB WESTON HLD...
Consumer Defensive 2.21% #18
Prev: #—
2.9 95,803 no change
NEW
95,803 $4,013,119 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VVV
VALVOLINE INC
Consumer Cyclical 1.98% #19
Prev: #—
2.8 123,656 no change
NEW
123,656 $3,593,375 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAP
ADVANCE AUTO PA...
Consumer Cyclical 0.91% #20
Prev: #—
2.4 41,926 no change
NEW
41,926 $1,647,664 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-20 of 20 holdings

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