MAC Alpha Capital Management, LP

Fundamental concentrated ★Highest signal CIK 2111003
League rank
#913
in Fundamental concentrated · #7204 overall
Long book
$171.4M
Q1 2026
Positions
21
Top-10 weight
71%
concentration
Last quarter
+2.5%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

MAC Alpha Capital Management, LP is a concentrated fundamental stock-picker, running a $171.4M US long book across 21 positions.

The portfolio is concentrated: the top 10 names carry 71% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: B2GOLD CORP, CLOROX COMPANY, TECHNIPFMC PLC, AXALTA COATING SYSTEMS LTD, SCIENCE APPLICATIONS INTE.

We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2025
+4.5%
Q1 2026
+2.5%

Sector allocation

Industrials
30%
Materials
18%
Other
17%
Technology
13%
Energy
10%
Consumer staples
10%
Services media
2%
Consumer discretionary
1%

Long book by quarter

$181.8M
Q4 2025
$171.4M
Q1 2026

What does MAC Alpha own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BTG B2GOLD CORPMaterials4.9M$22.3M13.0%-15.9%
CLX CLOROX COMPANYOther139.8K$14.5M8.4%+18.7%
FTI TECHNIPFMC PLCIndustrials189.8K$13.1M7.7%-45.4%
AXTA AXALTA COATING SYSTEMS LTDOther442.4K$12.3M7.1%+7.2%
SAIC SCIENCE APPLICATIONS INTETechnology121.6K$11.5M6.7%+34.7%
ALSN ALLISON TRANSMISSION HOLDINGIndustrials98.0K$11.5M6.7%-29.4%
ENR ENERGIZER HOLDINGS INCTechnology547.7K$9.0M5.2%+30.8%
BWA BORGWARNER INCIndustrials155.6K$8.4M4.9%-17.8%
RRC RANGE RESOURCES CORPEnergy176.9K$8.0M4.7%+11.7%
GNTX GENTEX CORPIndustrials306.4K$6.7M3.9%+16.6%
TAP MOLSON COORS BEVERAGE CO - BConsumer staples154.3K$6.6M3.9%-5.8%
ERO ERO COPPER CORPMaterials231.0K$6.2M3.6%-34.2%
CPB THE CAMPBELL'S COMPANYConsumer staples226.9K$5.1M2.9%+4.5%
STLD STEEL DYNAMICS INCIndustrials27.4K$4.9M2.9%-15.8%
CLB CORE LABORATORIES INCEnergy283.2K$4.8M2.8%-9.5%
LW LAMB WESTON HOLDINGS INCConsumer staples98.4K$4.2M2.4%+2.7%
VVV VALVOLINE INCEnergy114.3K$3.8M2.2%-7.6%
AGCO AGCO CORPIndustrials28.2K$3.3M1.9%New
MTN VAIL RESORTS INCServices media24.9K$3.2M1.9%New
AAP ADVANCE AUTO PARTS INCConsumer discretionary25.0K$1.3M0.8%-40.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202621$171.4M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202620$181.8M canonicalSEC ↗