MAC Alpha Capital Management, LP

TAMPA, FL · CIK 2111003 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2024 · limited partnership

Assets managed$937.8m
Staff8 · 4 in investment roles
Main clients (by assets)Other advisers 92%, Private funds 8%
Private funds6 (6 hedge) · $141.3m gross assets
Form ADV · 2026-03-30SEC adviser record

Legal entityMAC Alpha Capital Management, LP (US)

$216.1m reported value +26.0% vs Q1 2026

22positions

76.4%in top 10

2 new 16 added 4 reduced 1 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	B2GOLD CORP COM BTG	BTG	7,226,814	$27.1m12.53%	12.53%	Added +2.3m	+2,310,856 47.0%
2	CLOROX CO DEL COM CLX	CLX	263,789	$25.2m11.65%	11.65%	Added +124.0k	+124,019 88.7%
3	AXALTA COATING SYS LTD COM AXTA	AXTA	645,643	$22.1m10.23%	10.23%	Added +203.2k	+203,243 45.9%
4	SCIENCE APPLICATIONS INTL CO COM SAIC	SAIC	174,892	$19.3m8.94%	8.94%	Added +53.3k	+53,277 43.8%
5	ALLISON TRANSMISSION HLDGS I COM ALSN	ALSN	156,191	$17.6m8.15%	8.15%	Added +58.2k	+58,208 59.4%
6	ENERGIZER HLDGS INC NEW COM ENR	ENR	644,967	$13.8m6.40%	6.40%	Added +97.3k	+97,259 17.8%
7	SIBANYE STILLWATER LTD SPONSORED ADR SBSW	SBSW	1,588,307	$13.5m6.24%	6.24%	Added +712.5k	+712,537 81.4%
8	GENTEX CORP COM GNTX	GNTX	416,657	$10.5m4.87%	4.87%	Added +110.3k	+110,300 36.0%
9	RANGE RES CORP COM RRC	RRC	250,456	$9.3m4.31%	4.31%	Added +73.6k	+73,600 41.6%
10	MOLSON COORS BEVERAGE CO CL B TAP	TAP	168,132	$6.6m3.03%	3.03%	Added +13.8k	+13,800 8.9%
11	CAMPBELL SOUP CO COM CPB	CPB	284,545	$6.3m2.93%	2.93%	Added +57.6k	+57,631 25.4%
12	BORGWARNER INC COM BWA	BWA	94,400	$6.3m2.90%	2.90%	Reduced -61.2k	-61,158 -39.3%
13	ERO COPPER CORP COM ERO	ERO	223,171	$6.0m2.76%	2.76%	Reduced -7.8k	-7,797 -3.4%
14	VALVOLINE INC COM VVV	VVV	139,356	$5.5m2.55%	2.55%	Added +25.1k	+25,100 22.0%
15	VAIL RESORTS INC COM MTN	MTN	33,700	$4.6m2.12%	2.12%	Added +8.8k	+8,800 35.3%
16	LAMB WESTON HLDGS INC COM LW	LW	104,103	$4.5m2.08%	2.08%	Added +5.7k	+5,700 5.8%
17	TECHNIPFMC PLC COM FTI	FTI	66,175	$4.4m2.03%	2.03%	Reduced -123.6k	-123,630 -65.1%
18	AGCO CORP COM AGCO	AGCO	30,503	$3.7m1.69%	1.69%	Added +2.3k	+2,280 8.1%
19	ADVANCE AUTO PARTS INC COM AAP	AAP	56,788	$3.5m1.64%	1.64%	Added +31.8k	+31,762 126.9%
20	CORE LABORATORIES INC COM CLB	CLB	262,894	$3.1m1.42%	1.42%	Reduced -20.3k	-20,302 -7.2%
21	PHARMING GROUP NV SPON ADS PHAR	PHAR	2,148,144	$2.9m1.36%	1.36%	New
22	3M CO COM MMM	MMM	2,181	$353.1k0.16%	0.16%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
STEEL DYNAMICS INC STLD	STLD	27,379	$4.9m27.4k shares