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Mig Capital, LLC

CIK:0001425649
Hedge Fund
$1B AUM
56 holdings
Newport Beach, CA, United States
Founded:2003
20 employees
Latest filing:Jun 30, 2025

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.

Latest 13F Filing Activity

Mig Capital, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 53 equity positions and 2 options positions with a total 13F market value of $969M. The fund increased holdings in Dexcom Inc., Invesco QQQ TR, Unitedhealth Group Inc. among other positions. Mig Capital, LLC reduced exposure to Humana Inc., Philip Morris Intl Inc., Fiserv Inc. among others.

Top Buys
D
DXCMDEXCOM INC
+$63.2M
Q
QQQINVESCO QQQ TR
+$39.1M
U
UNHUNITEDHEALTH GROUP INC
+$17.5M
C
CAVACAVA GROUP INC
+$17.4M
M
METAMETA PLATFORMS INC
+$16.2M
Top Sells
H
HUMHUMANA INC
-$19.3M
P
PMPHILIP MORRIS INTL INC
-$16.0M
F
FIFISERV INC
-$15.9M
C
CCOICOGENT COMMUNICATIONS HLDGS
-$9.4M
S
SHAKSHAKE SHACK INC
-$9.0M

Top Holdings

D
DXCMDEXCOM INC
+6.5%$63.2M
C
CELHCELSIUS HLDGS INC
+6.3%$60.8M
S
SHCSOTERA HEALTH CO
+6.1%$58.7M
C
CACCCREDIT ACCEP CORP MICH
+6.1%$58.7M
M
METAMETA PLATFORMS INC
+6.1%$58.6M

Equity Positions (53)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
DEXCOM INC6.52%$63.2M724,191$87.29$87.29+$63.2M
CELSIUS HLDGS INC6.27%$60.8M1,310,668$32.20$46.39+$4.7M
SOTERA HEALTH CO6.06%$58.7M5,282,339$9.99$11.12-$889.1K
CREDIT ACCEP CORP MICH6.06%$58.7M115,238$510.92$509.43-$797.4K
META PLATFORMS INC6.05%$58.6M79,453$176.44$738.09+$16.2M

Options Positions (2)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
PHILIP MORRIS INTL INC
Call
$11.2M615$182.13$158.730+$1.4M
ELEVANCE HEALTH INC
Call
$7.8M200$388.96$368.900-$920.0K

Industry Allocation

SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+19.8%
SERVICES-PREPACKAGED SOFTWARE
+14.2%
SEMICONDUCTORS & RELATED DEVICES
+11.2%
SERVICES-MISC HEALTH & ALLIED SERVICES, NEC
+9.7%
BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS
+8.0%

Investment Team (1)

NameRoleLocationLinkedIn
Y
Yoobin Jeon
Junior AnalystCA , United States