# MIG Capital, LLC

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1425649. Source: https://holderbook.com/funds/1425649-mig-capital-llc/

- Reported value: $589.4M
- Positions: 43
- Weight of the ten largest: 58.2%
- Filed: 2026-02-17

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $52.4M | 79,453 | 8.9% | 14 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $40.2M | 605,547 | 6.8% | 3 |
| SOTERA HEALTH CO | [SHC](https://holderbook.com/stocks/SHC/) | $34.7M | 1,964,518 | 5.9% | 14 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $34.2M | 70,815 | 5.8% | 20 |
| CELSIUS HLDGS INC | [CELH](https://holderbook.com/stocks/CELH/) | $33.9M | 741,841 | 5.8% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $32.6M | 103,855 | 5.5% | 8 |
| CREDIT ACCEP CORP MICH | [CACC](https://holderbook.com/stocks/CACC/) | $30.9M | 69,715 | 5.2% | 9 |
| KNIFE RIVER CORP | [KNF](https://holderbook.com/stocks/KNF/) | $29.1M | 413,380 | 4.9% | 9 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $27.8M | 80,320 | 4.7% | 5 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $27.0M | 44,019 | 4.6% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $20.3M | 66,671 | 3.4% | 4 |
| FLUTTER ENTMT PLC | [FLUT](https://holderbook.com/stocks/FLUT/) | $19.7M | 91,522 | 3.3% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $19.1M | 82,572 | 3.2% | 5 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $18.8M | 52,336 | 3.2% | 2 |
| ADVANCED DRAIN SYS INC DEL | [WMS](https://holderbook.com/stocks/WMS/) | $17.3M | 119,714 | 2.9% | 28 |
| COGENT COMM HOLDINGS INC | [CCOI](https://holderbook.com/stocks/CCOI/) | $12.3M | 569,220 | 2.1% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $11.7M | 10,872 | 2.0% | 6 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $11.6M | 67,406 | 2.0% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $10.6M | 37,205 | 1.8% | 5 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $8.9M | 32,150 | 1.5% | 4 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $7.5M | 17,964 | 1.3% | 4 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $7.1M | 41,595 | 1.2% | 4 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $6.8M | 36,594 | 1.1% | 2 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $6.3M | 27,395 | 1.1% | 2 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $5.4M | 4,445 | 0.9% | 4 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $5.2M | 32,593 | 0.9% | 5 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $5.2M | 20,359 | 0.9% | 4 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $4.5M | 19,032 | 0.8% | 1 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $4.1M | 27,595 | 0.7% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.1M | 22,159 | 0.7% | 3 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $3.9M | 28,767 | 0.7% | 5 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $3.9M | 8,278 | 0.7% | 5 |
| PTC INC | [PTC](https://holderbook.com/stocks/PTC/) | $3.5M | 19,888 | 0.6% | 4 |
| ROBLOX CORP | [RBLX](https://holderbook.com/stocks/RBLX/) | $3.4M | 42,505 | 0.6% | 5 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $3.4M | 11,592 | 0.6% | 4 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $3.4M | 15,558 | 0.6% | 3 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $3.0M | 5,224 | 0.5% | 5 |
| ZSCALER INC | [ZS](https://holderbook.com/stocks/ZS/) | $3.0M | 13,241 | 0.5% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $3.0M | 15,178 | 0.5% | 3 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $2.7M | 14,548 | 0.5% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $2.6M | 28,160 | 0.4% | 4 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $2.6M | 16,810 | 0.4% | 5 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $1.6M | 3,383 | 0.3% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2025 | +1.2% | +2.4% | -1.2% | 99% |
| Q3 2025 | +1.4% | +7.8% | -6.4% | 98% |
| Q2 2025 | +4.3% | +10.5% | -6.2% | 98% |
| Q1 2025 | -3.6% | -4.6% | +0.9% | 99% |
| Q4 2024 | -0.5% | +2.1% | -2.6% | 100% |
| Q3 2024 | +4.9% | +5.4% | -0.5% | 100% |
| Q2 2024 | -7.0% | +4.0% | -11.1% | 100% |
| Q1 2024 | +7.5% | +10.0% | -2.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $589.4M | 43 |
| Q3 2025 | $688.5M | 43 |
| Q2 2025 | $969.2M | 54 |
| Q1 2025 | $804.3M | 53 |
| Q4 2024 | $970.9M | 71 |
| Q3 2024 | $824.3M | 19 |
| Q2 2024 | $750.6M | 19 |
| Q1 2024 | $719.4M | 16 |
| Q4 2023 | $715.7M | 17 |
| Q3 2023 | $540.1M | 14 |
| Q2 2023 | $552.8M | 15 |
| Q1 2023 | $578.3M | 18 |