MMCAP International Inc. SPC
CIK: 0001304857Latest portfolio: $1.0B · Q4 2025
Holdings
208
Total Value
$1.0B
New Positions
33
Closed Positions
9
Top Holdings
View All 208 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | ARISAris Mining Corp | 13,804,061 | $224.4M | 22.44% | -2,632,821 | |
| 2 | ASTLAlgoma Steel Group Inc | 11,487,861 | $47.1M | 4.71% | +3.4M | |
| 3 | CCXIUChurchill Capital Corp XI | 2,700,000 | $27.6M | 2.76% | NEW | |
| 4 | DMIIDrugs Made In America Acquisit | 2,700,000 | $27.0M | 2.70% | — | |
| 5 | NPACNew Providence Acquisition Cor | 2,200,000 | $22.6M | 2.26% | — | |
| 6 | NXENexGen Energy SEG | 2,429,898 | $22.4M | 2.23% | +2.4M | |
| 7 | FERAFifth Era Acquisition Corp I | 1,900,000 | $19.6M | 1.95% | — | |
| 8 | DMLDenison Mines Corp | 7,219,531 | $19.2M | 1.92% | -2,286,340 | |
| 9 | RDAGRepublic Digital Acquisition C | 1,565,000 | $15.8M | 1.58% | — | |
| 10 | LPAALaunch One Acquisition Corp | 1,480,000 | $15.7M | 1.57% | — | |
| 11 | CEPFCantor Equity Partners IV Inc | 1,500,000 | $15.4M | 1.54% | — | |
| 12 | MESHMeshflow Acquisition Corp | 1,500,000 | $15.0M | 1.50% | NEW | |
| 13 | IRHOUIron Horse Acquisition II Corp | 1,500,000 | $14.9M | 1.49% | NEW | |
| 14 | U6ZUranium Energy Corp | 1,248,363 | $14.6M | 1.46% | -842,835 | |
| 15 | CCIXChurchill Capital Corp IX | 1,350,000 | $14.3M | 1.43% | — | |
| 16 | IPCXInflection Point Acquisition C | 1,400,000 | $14.2M | 1.42% | — | |
| 17 | CGCTCARTESIAN GROWTH CORP III | 1,350,000 | $13.9M | 1.39% | — | |
| 18 | GPATGP-Act III Acquisition Corp | 1,275,000 | $13.6M | 1.36% | — | |
| 19 | APTVAptiv PLC | 170,268 | $13.0M | 1.30% | +137K | |
| 20 | ALFCenturion Acquisition Corp | 1,175,000 | $12.5M | 1.25% | — | |
| 21 | CEPFCantor Equity Partners V Inc | 1,200,000 | $12.3M | 1.23% | NEW | |
| 22 | WENNWen Acquisition Corp | 1,200,000 | $12.1M | 1.21% | — | |
| 23 | MBVIM3-Brigade Acquisition VI Corp | 1,100,000 | $11.0M | 1.10% | NEW | |
| 24 | EUEncore Energy Corp | 4,316,238 | $10.7M | 1.07% | -600 | |
| 25 | CUBLionheart Holdings | 980,000 | $10.4M | 1.04% | — |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
Financial ServicesNaN% ($InfinityT)
Technology0.0% ($2.7567149175194364e+75T)
Unknown0.0% ($1.920314580966047e+58T)
Basic Materials0.0% ($2.2443847110416617e+23T)
Energy0.0% ($2235510704458222080.0T)
Consumer Cyclical0.0% ($129557219539.4T)
Healthcare0.0% ($72616251991.5T)
Industrials0.0% ($477230669.4T)
Communication Services0.0% ($39.1B)
Consumer Defensive0.0% ($2.2B)
Real Estate0.0% ($775.8M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 9, 2026 | $1.0B | 209 |
| Q3 2025 | Nov 10, 2025 | $859.8B | 172 |
| Q2 2025 | Aug 6, 2025 | $831.4B | 144 |
| Q1 2025 | May 12, 2025 | $586.8B | 131 |
| Q4 2024 | Feb 4, 2025 | $664.9B | 139 |
| Q3 2024 | Nov 12, 2024 | $719.0B | 167 |
| Q2 2024 | Aug 13, 2024 | $719.2B | 181 |
| Q1 2024 | May 9, 2024 | $768.2B | 186 |
| Q4 2023 | Feb 12, 2024 | $546.1B | 194 |
| Q3 2023 | Nov 13, 2023 | $348.3B | 197 |
| Q2 2023 | Aug 14, 2023 | $303.8B | 212 |
| Q1 2023 | May 11, 2023 | $508.6B | 266 |
| Q4 2022 | Feb 9, 2023 | $986.2B | 376 |
| Q3 2022 | Nov 10, 2022 | $1.3B | 469 |
| Q2 2022 | Aug 12, 2022 | $1.2B | 481 |
| Q1 2022 | May 11, 2022 | $1.7B | 516 |
| Q4 2021 | Feb 9, 2022 | $1.6B | 434 |
| Q3 2021 | Nov 10, 2021 | $1.4B | 424 |
| Q2 2021 | Aug 12, 2021 | $2.1B | 419 |
| Q2 2021 | Jul 13, 2021 | $1.0B | 321 |
| Q4 2020 | Feb 16, 2021 | $514.8M | 128 |
| Q3 2020 | Nov 13, 2020 | $390.8M | 71 |
| Q2 2020 | Aug 14, 2020 | $274.3M | 49 |
| Q1 2020 | May 14, 2020 | $94.2M | 42 |
| Q4 2019 | Feb 14, 2020 | $294.9M | 36 |
Fund Information
MMCAP International Inc. SPC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $1.0B across 208 holdings. The largest position is Aris Mining Corp (ARIS), representing 22.4% of the portfolio. Compared to the previous quarter, the fund opened 59 new positions and closed 23 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.