MAK CAPITAL ONE LLC

NEW YORK, NY · CIK 1385702 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$2.0bn
Staff12 · 6 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (1 hedge) · $2.0bn gross assets
Websitemakcapitalfund.com
Form ADV · 2026-03-26SEC adviser record

Legal entityMAK CAPITAL ONE L.L.C. (US)

$713.8m reported value +18.1% vs Q1 2026

17positions

82.5%in top 10

1 new 6 added 3 reduced 5 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	AGILYSYS INC COM AGYS	AGYS	1,192,730	$124.6m17.46%	17.46%	Unchanged
2	GRUPO FINANCIERO GALICIA S.A SPONSORED ADR GGAL	GGAL	1,485,875	$74.3m10.41%	10.41%	Added +56.8k	+56,800 4.0%
3	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	2,432,962	$71.8m10.07%	10.07%	Unchanged
4	UNIQURE NV SHS QURE	QURE	1,232,051	$56.7m7.95%	7.95%	Added +790.8k	+790,846 179.2%
5	CHAMPION HOMES INC COM SKY	SKY	632,374	$55.7m7.81%	7.81%	Reduced -650.0k	-650,000 -50.7%
6	AUTOLUS THERAPEUTICS PLC SPON ADS AUTL	AUTL	33,621,487	$53.8m7.54%	7.54%	Unchanged
7	CLEARPOINT NEURO INC COM CLPT	CLPT	2,375,861	$42.4m5.94%	5.94%	Added +474.4k	+474,372 24.9%
8	GRUPO SUPERVIELLE S.A. SPONSORED ADR SUPV	SUPV	4,250,000	$41.1m5.75%	5.75%	Unchanged
9	CARIS LIFE SCIENCES INC COM CAI	CAI	1,937,229	$34.5m4.84%	4.84%	New
10	ANNEXON INC COM ANNX	ANNX	5,862,180	$33.5m4.69%	4.69%	Added +1.1m	+1,138,137 24.1%
11	STANDARD BIOTOOLS INC COM LAB	LAB	28,813,904	$23.7m3.32%	3.32%	Added +2.6m	+2,641,278 10.1%
12	COMSTOCK INC COM SHS LODE	LODE	5,190,177	$21.6m3.02%	3.02%	Reduced -573.6k	-573,552 -9.9%
13	CRYOPORT INC COM PAR $0.001 CYRX	CYRX	1,277,359	$20.1m2.81%	2.81%	Reduced -145.9k	-145,906 -10.2%
14	HONEST CO INC COM HNST	HNST	4,776,088	$17.5m2.45%	2.45%	Unchanged
15	CENOVUS ENERGY INC COM CVE	CVE	536,832	$16.2m2.27%	2.27%	Unchanged
16	PERMA-FIX ENVIRONMENTAL SVCS COM NEW PESI	PESI	1,032,958	$14.8m2.07%	2.07%	Added +114.3k	+114,285 12.4%
17	YATRA ONLINE INC ORD SHS YTRA	YTRA	12,170,301	$11.5m1.61%	1.61%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
COURSERA INC COUR	COUR	5,618,749	$32.7m5.6m shares
UDEMY INC UDMY	UDMY	3,658,520	$16.9m3.7m shares
PROTALIX BIOTHERAPEUTICS INC PLX	PLX	3,544,139	$7.7m3.5m shares
FIVERR INTL LTD FVRR	FVRR	80,479	$806.4k80.5k shares
SANGAMO THERAPEUTICS INC SGMOQ	SGMOQ	561,538	$138.6k561.5k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
CLEARPOINT NEURO INC CLPT · 13G · filed 2026-08-12	CLPT	7.8%≈ $42.4m		13G	2026-08-12
STANDARD BIOTOOLS INC LAB · 13G · filed 2026-08-14	LAB	7.3%≈ $23.7m		13G	2026-08-14
HEIDRICK & STRUGGLES INTL IN HSII · 13D · filed 2025-11-05	HSII	5.8%	+0.5 pts	13D	2025-11-05