Mig Capital, LLC
MIG Capital, LLC is an SEC-registered investment management firm headquartered in Newport Beach, California. Founded in 2003, MIG Capital is owned by family trusts established by members of the Merage family and operates primarily as a hedge fund manager. The firm manages assets on behalf of institutional and high net worth clients, focusing on long and short equity strategies. MIG Capital specializes in fundamental, research-driven investment across public markets and has a track record of substantial assets under management.
Investment Strategy
MIG Capital employs a fundamental, research-intensive investment strategy, with a focus on identifying both long and short opportunities across U.S. and global equity markets. The firm seeks to generate absolute returns regardless of market conditions by leveraging deep fundamental analysis, detailed due diligence, and active risk management. It is known for its value-oriented approach combined with diligent research and an emphasis on capital preservation and downside protection.
Top Holdings
Equity Positions (53)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DXCM | DEXCOM INC | 6.52% | $63.2M | 724,191 | $87.29 | $87.29 | +$63.2M |
C CELH | CELSIUS HLDGS INC | 6.27% | $60.8M | 1,310,668 | $32.20 | $46.39 | +$4.7M |
S SHC | SOTERA HEALTH CO | 6.06% | $58.7M | 5,282,339 | $9.99 | $11.12 | -$889.1K |
C CACC | CREDIT ACCEP CORP MICH | 6.06% | $58.7M | 115,238 | $510.92 | $509.43 | -$797.4K |
M META | META PLATFORMS INC | 6.05% | $58.6M | 79,453 | $176.44 | $738.09 | +$16.2M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
P PM | PHILIP MORRIS INTL INC | — | Call | $11.2M | 615 | $182.13 | $158.73 | 0 | +$1.4M |
E ELV | ELEVANCE HEALTH INC | — | Call | $7.8M | 200 | $388.96 | $368.90 | 0 | -$920.0K |