MAC Alpha Capital Management, LP
MAC Alpha Capital Management, LP reported 21 US-listed holdings worth $213.1 million in its 13F for the quarter ended 30 June 2026, filed 21 September 2026. Its largest: B2GOLD Corp. (12.7%), Clorox Co. (11.8%) and Axalta Coating Systems Ltd. (10.4%). Against the quarter before, it opened 1 position, added to 16, trimmed 4 and sold out of 1.
The 14 largest of its 21 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +5.0% over the 2 quarters to 30 June 2026, against +9.5% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 1
- 3M Co. MMM$353,126
Added to 16
- Clorox Co. CLX+124,019 shares · +89%
- B2GOLD Corp. BTG+2.3 million shares · +47%
- Axalta Coating Systems Ltd. AXTA+203,243 shares · +46%
- Allison Transmission Holdings Inc. ALSN+58,208 shares · +59%
- Sibanye Stillwater Ltd SBSW+712,537 shares · +81%
- Science Applications International Corp. SAIC+53,277 shares · +44%
- Gentex Corp. GNTX+110,300 shares · +36%
- Range Resources Corp. RRC+73,600 shares · +42%
and 8 more in the table below
Trimmed 4
- TechnipFMC plc FTI-123,630 shares · -65%
- Borgwarner Inc. BWA-61,158 shares · -39%
- Core Laboratories Inc. CLB-20,302 shares · -7%
- Ero Copper Corp. ERO-7,797 shares · -3%
Sold out of 1
- Steel Dynamics Inc. STLD$4.9 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| B2GOLD Corp. BTG | 7.2M | $27.1 million | 12.71% | +2.3M |
| Clorox Co. CLX | 263.8K | $25.2 million | 11.81% | +124.0K |
| Axalta Coating Systems Ltd. AXTA | 645.6K | $22.1 million | 10.37% | +203.2K |
| Science Applications International Corp. SAIC | 174.9K | $19.3 million | 9.06% | +53.3K |
| Allison Transmission Holdings Inc. ALSN | 156.2K | $17.6 million | 8.26% | +58.2K |
| Energizer Holdings, Inc. ENR | 645.0K | $13.8 million | 6.49% | +97.3K |
| Sibanye Stillwater Ltd SBSW | 1.6M | $13.5 million | 6.33% | +712.5K |
| Gentex Corp. GNTX | 416.7K | $10.5 million | 4.94% | +110.3K |
| Range Resources Corp. RRC | 250.5K | $9.3 million | 4.37% | +73.6K |
| Molson Coors Beverage Co. TAP | 168.1K | $6.6 million | 3.07% | +13.8K |
| Campbell's Co. CPB | 284.5K | $6.3 million | 2.97% | +57.6K |
| Borgwarner Inc. BWA | 94.4K | $6.3 million | 2.94% | -61.2K |
| Ero Copper Corp. ERO | 223.2K | $6.0 million | 2.79% | -7.8K |
| Valvoline Inc. VVV | 139.4K | $5.5 million | 2.59% | +25.1K |
| Vail Resorts Inc. MTN | 33.7K | $4.6 million | 2.15% | +8.8K |
| Lamb Weston Holdings, Inc. LW | 104.1K | $4.5 million | 2.11% | +5.7K |
| TechnipFMC plc FTI | 66.2K | $4.4 million | 2.06% | -123.6K |
| Agco Corp. AGCO | 30.5K | $3.7 million | 1.71% | +2.3K |
| Advance Auto Parts Inc. AAP | 56.8K | $3.5 million | 1.66% | +31.8K |
| Core Laboratories Inc. CLB | 262.9K | $3.1 million | 1.44% | -20.3K |
| 3M Co. MMM | 2.2K | $353,126 | 0.17% | new |