Mithaq Capital SPC

Fundamental diversified ★Signal technology specialist (68%) CIK 1834600
Long book
$165.9M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+27.8%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Mithaq Capital SPC is a diversified fundamental manager, specialised in technology (68% of the long book), running a $165.9M US long book across 4 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NEXXEN INTERNATIONAL LTD, CHILDREN'S PLACE INC/THE, BURFORD CAPITAL LTD, URGENT.LY INC.

Over the last 9 quarters its long book ran on average 8.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-20.4%
Q2 2024
+27.1%
Q3 2024
-16.1%
Q4 2024
-3.5%
Q1 2025
-2.8%
Q2 2025
-5.1%
Q3 2025
-29.5%
Q4 2025
-11.7%
Q1 2026
+27.8%

Sector allocation

Technology
68%
Consumer discretionary
28%
Financials
4%
Other
0%

Long book by quarter

$382.7M
Q1 2024
$198.6M
Q2 2024
$250.8M
Q3 2024
$210.5M
Q4 2024
$405.2M
Q1 2025
$393.4M
Q2 2025
$370.2M
Q3 2025
$196.3M
Q4 2025
$165.9M
Q1 2026

What does Mithaq Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NEXN NEXXEN INTERNATIONAL LTDTechnology17.3M$113.0M68.1%Held
PLCE CHILDREN'S PLACE INC/THEConsumer discretionary13.6M$45.7M27.5%Held
BUR BURFORD CAPITAL LTDFinancials1.5M$6.8M4.1%-53.4%
ULYX URGENT.LY INC98.7K$532K0.3%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 29, 20264$165.9Mconfidential canonicalSEC ↗
Q4 202513F-HRFeb 10, 20264$196.3Mconfidential canonicalSEC ↗
Q3 202513F-HROct 29, 20254$370.2M canonicalSEC ↗
Q2 202513F-HRJul 18, 20254$393.4M canonicalSEC ↗
Q1 202513F-HRApr 21, 20254$405.2M canonicalSEC ↗
Q4 202413F-HRFeb 5, 20254$210.5M canonicalSEC ↗
Q3 202413F-HRNov 5, 20244$250.8M canonicalSEC ↗
Q2 202413F-HRAug 12, 20245$198.6M canonicalSEC ↗
Q1 202413F-HRApr 25, 20244$382.7M canonicalSEC ↗