Mak Capital One LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Mak Capital One LLC reported 8 stock positions worth $470.2 million. Its top holding was Champion Homes (SKY) at 50.4% of the portfolio, followed by Agilysys (AGYS, 18.4%) and Heidrick & Struggles Intl (HSII, 9.1%). Compared with Q4 2024, it opened 2 new positions, sold out of 2 and reduced 1. The biggest buy was a new position in Coterra Energy (CTRA) and the biggest sale an exit from Sibanye-Stillwater Ltd.-ADR (SBSW).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001385702
Portfolio Value
$470.2M (Q1 2025)
SEC Filing
0001013594-25-000675 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $504.2M Q1 2024 Q2 2024: $417.8M Q2 2024 Q3 2024: $489.3M Q3 2024 Q4 2024: $522.3M Q4 2024 Q1 2025: $470.2M $470.2M Q1 2025 Q2 2025: $566.7M Q2 2025 Q3 2025: $501.3M Q3 2025 Q4 2025: $743.2M Q4 2025 Q1 2026: $604.3M Q1 2026 Q2 2026: $713.8M Q2 2026

Holdings 8 stocks · $470.2M
SKY Champion Homes Inc. 50.38% 2,500,000 $236.9M No change
AGYS Agilysys Inc. 18.40% 1,192,730 $86.5M No change
HSII Heidrick & Struggles Intl 9.09% 997,508 $42.7M No change
SUPV Grupo Supervielle SA-SP ADR 7.58% 2,728,274 $35.6M No change
CTRA Coterra Energy Inc. 6.41% 1,042,259 $30.1M New
LOMA Loma Negra Cia Ind-Spon ADR 5.50% 2,352,634 $25.9M Reduce -11.4%
YTRA Yatra Online Inc. 2.02% 12,170,301 $9.5M No change
LAB Standard Biotools Inc. 0.64% 2,774,721 $3.0M New

Options reported separately and not counted above: SKY puts ($94.8M), AGYS puts ($23.8M).

Portfolio Sells Q4 2024 → Q1 2025
SBSW Sibanye-Stillwater Ltd.-ADR Sold out 0.00% −2.25
LOMA Loma Negra Cia Ind-Spon ADR Reduce -11.4% 5.50% −0.57
LASR Nlight Inc. Sold out 0.00% −0.14

Portfolio Buys Q4 2024 → Q1 2025
CTRA Coterra Energy Inc. New 6.41% +6.41
LAB Standard Biotools Inc. New 0.64% +0.64

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 17$713.8MAGYS, GGAL, ACHC, QURE, SKY
Q1 2026 21$604.3MSKY, AGYS, GGAL, ACHC, AUTL
Q4 2025 21$743.2MSKY, AGYS, GGAL, QCOM, AUTL
Q3 2025 12$501.3MSKY, AGYS, HSII, AUTL, PRO
Q2 2025 14$566.7MSKY, AGYS, HSII, INTC, AUTL
Q1 2025 8$470.2MSKY, AGYS, HSII, SUPV, CTRA
Q4 2024 8$522.3MSKY, AGYS, HSII, SUPV, LOMA
Q3 2024 9$489.3MSKY, AGYS, HSII, LOMA, YTRA
Q2 2024 8$417.8MSKY, AGYS, HSII, IE, YTRA
Q1 2024 9$504.2MSKY, AGYS, HSII, YTRA, IE