Mangrove Partners Im, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Mangrove Partners Im, LLC reported 139 stock positions worth $915.0 million. Its top holding was Rio Tinto PLC-Spon ADR (RIO) at 6.4% of the portfolio, followed by Western Digital (WDC, 5.8%) and Enova International (ENVA, 5.1%). Compared with Q1 2025, it opened 82 new positions, sold out of 76, added to 6 and reduced 3. The biggest buy was a new position in Western Digital (WDC) and the biggest sale an exit from Liberty Broadband-C (LBRDK).
- Most Recent 13F
- Q2 2026
- Location
- Greenwich, CT
- CIK
- 0001535392
- Portfolio Value
- $915.0M (Q2 2025)
- SEC Filing
- 0001172661-25-003306 ↗ filed Aug 14, 2025
Holdings Value
Holdings 139 stocks · $915.0M
| RIO Rio Tinto PLC-Spon ADR | 6.37% | 998,661 | $58.3M | No change |
| WDC Western Digital Corp. | 5.76% | 824,256 | $52.7M | New |
| ENVA Enova International Inc. | 5.06% | 415,160 | $46.3M | No change |
| LAUR Laureate Education Inc. | 4.93% | 1,930,871 | $45.1M | No change |
| TIGO Millicom Intl Cellular S.A. | 4.42% | 1,079,249 | $40.4M | No change |
| ATMU Atmus Filtration Technologie | 4.38% | 1,099,631 | $40.0M | No change |
| AER Aercap Holdings NV | 4.36% | 340,904 | $39.9M | No change |
| ECVT Ecovyst Inc. | 4.08% | 4,538,410 | $37.4M | No change |
| MRP Millrose Properties | 3.71% | 1,191,659 | $34.0M | No change |
| INDV Indivior Ltd. | 3.66% | 2,272,668 | $33.5M | Add +218.8% |
| SGI Somnigroup International Inc. | 3.54% | 475,963 | $32.4M | Add +2.6% |
| TEVA Teva Pharmaceutical-SP ADR | 3.54% | 1,932,427 | $32.4M | No change |
| OTEX Open Text Corp. | 3.52% | 1,102,346 | $32.2M | New |
| IJR iShares Core S&P Small-Cap E | 2.78% | 232,878 | $25.5M | Add +4.3% |
| MREO Mereo Biopharma Group PL-ADR | 2.56% | 8,636,485 | $23.4M | No change |
| PTGX Protagonist Therapeutics Inc. | 2.39% | 395,383 | $21.9M | No change |
| UBS UBS Group AG-Reg | 1.95% | 527,637 | $17.8M | No change |
| NWSA News Corp. Class A | 1.72% | 529,204 | $15.7M | No change |
| CODI Compass Diversified Holdings | 1.70% | 2,478,276 | $15.6M | New |
| CENTA Central Garden and Pet Co. Class A | 1.69% | 493,056 | $15.4M | No change |
| AUR Aurora Innovation Inc. | 1.61% | 2,815,036 | $14.8M | No change |
| CGON CG Oncology Inc. | 1.58% | 555,117 | $14.4M | New |
| PPLI People Inc. filed as IAC INC | 1.38% | 338,643 | $12.6M | No change |
| RZLT Rezolute Inc. | 1.12% | 2,297,489 | $10.2M | New |
| RKT Rocket Cos Inc. Class A | 1.04% | 669,758 | $9.5M | Add +406.4% |
| CIG Cia Energetica DE-Spon ADR | 0.99% | 4,600,000 | $9.0M | No change |
| CHW Calamos Global Dynamic Incom | 0.96% | 1,231,838 | $8.8M | No change |
| TPB Turning Point Brands Inc. | 0.82% | 99,259 | $7.5M | No change |
| HE Hawaiian Electric Inds | 0.72% | 619,000 | $6.6M | No change |
| IBAC Ib Acquisition Corp. | 0.51% | 450,000 | $4.7M | No change |
| DYNC Dynamix Corp. | 0.50% | 450,000 | $4.6M | No change |
| ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII | 0.50% | 450,000 | $4.6M | No change |
| OYSEU Oyster Enterprises II Acquis | 0.50% | 450,000 | $4.6M | New |
| AXINU Axiom Intelligence Acquisiti | 0.50% | 450,000 | $4.5M | New |
| COPL Copley Acquisition Corp. Class A | 0.50% | 450,000 | $4.5M | New |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 0.49% | 450,000 | $4.5M | New |
| PDT John Hancock Prem DVD FND | 0.49% | 340,115 | $4.5M | Reduce -50.1% |
| VACH Voyager Acquisition Corp. | 0.49% | 430,203 | $4.5M | New |
| QSEA Quartzsea Acquisition Corp. | 0.45% | 408,154 | $4.1M | No change |
| FG MERGER II CORP | 0.42% | 392,000 | $3.9M | No change |
| IPEX Inflection Point Acquisition filed as MAYWOOD ACQUISITION CORP | 0.42% | 379,138 | $3.8M | No change |
| ANEB Anebulo Pharmaceuticals Inc. | 0.40% | 2,525,252 | $3.6M | No change |
| DMAA Drugs Made in America Acquis | 0.39% | 350,000 | $3.6M | No change |
| NOEM CO2 Energy Transition Corp. | 0.32% | 290,000 | $2.9M | No change |
| ZTR Virtus Total Return Fund Inc. | 0.30% | 439,494 | $2.7M | Reduce -19.9% |
| BSAAU Best Spac I Acquisition Corp. | 0.30% | 270,848 | $2.7M | New |
| CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II | 0.28% | 257,444 | $2.6M | New |
| UYSC Uy Scuti Acquisition Corp. | 0.26% | 240,898 | $2.4M | New |
| CPBI Central Plains Bancshares Inc. | 0.26% | 157,396 | $2.4M | No change |
| PDLB Ponce Financial Group Inc. | 0.25% | 163,362 | $2.3M | No change |
| LRMR Larimar Therapeutics Inc. | 0.24% | 770,233 | $2.2M | No change |
| SRBK Sr Bancorp Inc. | 0.24% | 164,818 | $2.2M | No change |
| NECB Northeast Community Bancorp | 0.23% | 90,867 | $2.1M | No change |
| WTGUU Wintergreen Acquisition Corp. | 0.22% | 200,000 | $2.0M | New |
| OPEN Opendoor Technologies Inc. | 0.21% | 3,681,956 | $2.0M | Add +705.1% |
| KFII K&F Growth Acquisition Cor-A | 0.21% | 191,680 | $2.0M | New |
| SOUL Soulpower Acquisition Co. Class A | 0.21% | 189,850 | $1.9M | New |
| WNEB Western New England Bancorp | 0.21% | 204,891 | $1.9M | No change |
| XRPN Armada Acquisition Class A | 0.20% | 185,700 | $1.9M | New |
| NBBK NB Bancorp Inc. | 0.20% | 103,743 | $1.9M | No change |
| CHEB Chenghe Acquisition II Co. | 0.20% | 199,122 | $1.8M | No change |
| BLFY Blue Foundry Bancorp | 0.19% | 184,063 | $1.8M | No change |
| FACT Fact II Acquisition Corp. | 0.19% | 170,064 | $1.7M | Add +70.1% |
| FDSB Fifth District Bancorp Inc. | 0.19% | 139,405 | $1.7M | No change |
| LCCC Lakeshore Acquisition III Co. | 0.18% | 166,300 | $1.7M | New |
| GOGO Gogo Inc. | 0.17% | 107,605 | $1.6M | New |
| WSBK Winchester Bancorp Inc. | 0.17% | 169,098 | $1.5M | New |
| MPB Mid Penn Bancorp Inc. | 0.16% | 50,809 | $1.4M | New |
| FBLA FB Bancorp Inc. | 0.14% | 117,823 | $1.3M | No change |
| CBRL Cracker Barrel Old Country | 0.12% | 17,942 | $1.1M | New |
| VSXY Victoria's Secret & Co. | 0.12% | 57,045 | $1.1M | No change |
| CHPG Championsgate Acquisitio-A | 0.11% | 100,893 | $1.0M | New |
| OBAWU Oxley Bridge Acquisition Ltd. | 0.11% | 100,000 | $1.0M | New |
| OGN Organon & Co. | 0.10% | 93,327 | $903K | New |
| TPL Texas Pacific Land Corp. | 0.10% | 853 | $901K | Reduce -39.2% |
| SAIL Sailpoint Inc. | 0.10% | 38,280 | $875K | New |
| RCL Royal Caribbean Cruises Ltd. | 0.10% | 2,792 | $874K | New |
| SZZL Sizzle Acquisition Corp. Class A | 0.10% | 86,973 | $874K | New |
| PLUG Plug Power Inc. | 0.10% | 586,172 | $873K | New |
| DASH DoorDash Inc. Class A | 0.10% | 3,530 | $870K | New |
| CCL Carnival Corp. | 0.09% | 30,489 | $857K | New |
| FTI Technipfmc PLC | 0.09% | 24,827 | $855K | No change |
| DNN Denison Mines Corp. | 0.09% | 465,275 | $847K | No change |
| TDOC Teladoc Health Inc. | 0.09% | 94,834 | $826K | New |
| CYBR Cyberark Software Ltd./Israel | 0.09% | 2,009 | $817K | New |
| GH Guardant Health Inc. | 0.09% | 15,664 | $815K | No change |
| ILMN Illumina Inc. | 0.09% | 8,528 | $814K | New |
| AXON Axon Enterprise Inc. | 0.09% | 973 | $806K | New |
| CVNA Carvana Co. | 0.09% | 2,378 | $801K | New |
| GNRC Generac Holdings Inc. | 0.09% | 5,509 | $789K | New |
| MDB Mongodb Inc. | 0.09% | 3,728 | $783K | New |
| NMR Nomura Holdings Inc.-Spon ADR | 0.09% | 118,858 | $782K | New |
| PJT PJT Partners Inc. Class A | 0.09% | 4,739 | $782K | New |
| TIGR Up Fintech Holding Ltd. - ADR | 0.08% | 79,771 | $770K | New |
| JCI Johnson Controls Internation | 0.08% | 7,282 | $769K | New |
| ARM Arm Holdings PLC-ADR | 0.08% | 4,724 | $764K | No change |
| PANW Palo Alto Networks Inc. | 0.08% | 3,695 | $756K | New |
| EQT Eqt Corp. | 0.08% | 12,767 | $745K | New |
| FITB Fifth Third Bancorp | 0.08% | 17,991 | $740K | New |
| EXE Expand Energy Corp. | 0.08% | 6,255 | $731K | New |
Other holdings (15): bonds, preferreds, convertibles and warrants · $16.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | 17,000,000 | $15.2M | No change |
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 988,810 | $216K | No change |
| EMCRF Embrace Change Acq-Rights | RIGHT 10/25/2026 | 1,625,000 | $186K | No change |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 408,154 | $106K | New |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 379,138 | $103K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 850,000 | $102K | No change |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 402,229 | $88K | No change |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 365,000 | $55K | No change |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 289,021 | $51K | Reduce -0.2% |
| UYSCR Uy Scuti Acquisition Corp. | RIGHT 03/03/2030 | 240,898 | $48K | Add +183.4% |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 218,115 | $48K | No change |
| LCCCR Lakeshore Acquisition III Co. | RIGHT 08/01/2026 | 163,800 | $33K | New |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 | 349,659 | $26K | No change |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | 99,240 | $18K | Reduce -0.6% |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 100,893 | $10K | New |
Total filed on the 13F, all lines: $931.3M.
Portfolio Sells Q1 2025 → Q2 2025
| LBRDK Liberty Broadband-C | Sold out | 0.00% | −5.47 |
| LLYVK Liberty Media Corp.-Liberty-C | Sold out | 0.00% | −4.99 |
| MBC Masterbrand Inc. | Sold out | 0.00% | −3.26 |
| WS Worthington Steel Inc. | Sold out | 0.00% | −2.76 |
| VAL Valaris Ltd. | Sold out | 0.00% | −1.78 |
| BLCO Bausch + Lomb Corp. | Sold out | 0.00% | −1.77 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.95 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.86 |
| SIMO Silicon Motion Technol-ADR | Sold out | 0.00% | −0.55 |
| PDT John Hancock Prem DVD FND | Reduce -50.1% | 0.49% | −0.54 |
| FTW Eqv Ventures Acquisition C-A | Sold out | 0.00% | −0.52 |
| URG Ur-Energy Inc. | Sold out | 0.00% | −0.39 |
| GLO Clough Global Opportunities | Sold out | 0.00% | −0.32 |
| TNDM Tandem Diabetes Care Inc. | Sold out | 0.00% | −0.18 |
| AKAM Akamai Technologies Inc. | Sold out | 0.00% | −0.16 |
| WSC Willscot Holdings Corp. | Sold out | 0.00% | −0.16 |
| WMPN William Penn Bancorp | Sold out | 0.00% | −0.15 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.15 |
| SON Sonoco Products Co. | Sold out | 0.00% | −0.14 |
| GO Grocery Outlet Holding Corp. | Sold out | 0.00% | −0.12 |
| TPL Texas Pacific Land Corp. | Reduce -39.2% | 0.10% | −0.12 |
| CRC California Resources Corp. | Sold out | 0.00% | −0.11 |
| VRN Veren Inc. | Sold out | 0.00% | −0.11 |
| DFP Flaherty & Crumrine DYN Pref | Sold out | 0.00% | −0.10 |
| BSII Black Spade Acquisition II C | Sold out | 0.00% | −0.10 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.09 |
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.09 |
| RRC Range Resources Corp. | Sold out | 0.00% | −0.09 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.09 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −0.09 |
| YMM Full Truck Alliance -SPN ADR | Sold out | 0.00% | −0.09 |
| STNE Stoneco Ltd. Class A | Sold out | 0.00% | −0.09 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.09 |
| NVR NVR Inc. | Sold out | 0.00% | −0.09 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.08 |
| PR Permian Resources Corp. Class A | Sold out | 0.00% | −0.08 |
| OVV Ovintiv Inc. | Sold out | 0.00% | −0.08 |
| PSX Phillips 66 | Sold out | 0.00% | −0.08 |
| APA Apa Corp. | Sold out | 0.00% | −0.08 |
| ZTR Virtus Total Return Fund Inc. | Reduce -19.9% | 0.30% | −0.08 |
| MTDR Matador Resources Co. | Sold out | 0.00% | −0.08 |
| GPOR Gulfport Energy Corp. | Sold out | 0.00% | −0.08 |
| MGY Magnolia Oil & Gas Corp. Class A | Sold out | 0.00% | −0.08 |
| LBRT Liberty Energy Inc. | Sold out | 0.00% | −0.08 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.08 |
| RCUS Arcus Biosciences Inc. | Sold out | 0.00% | −0.08 |
| FBK FB Financial Corp. | Sold out | 0.00% | −0.08 |
| GFS Globalfoundries Inc. | Sold out | 0.00% | −0.07 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.07 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q1 2025 → Q2 2025
| WDC Western Digital Corp. | New | 5.76% | +5.76 |
| OTEX Open Text Corp. | New | 3.52% | +3.52 |
| INDV Indivior Ltd. | Add +218.8% | 3.66% | +2.88 |
| CODI Compass Diversified Holdings | New | 1.70% | +1.70 |
| CGON CG Oncology Inc. | New | 1.58% | +1.58 |
| RZLT Rezolute Inc. | New | 1.12% | +1.12 |
| RKT Rocket Cos Inc. Class A | Add +406.4% | 1.04% | +0.85 |
| OYSEU Oyster Enterprises II Acquis | New | 0.50% | +0.50 |
| AXINU Axiom Intelligence Acquisiti | New | 0.50% | +0.50 |
| COPL Copley Acquisition Corp. Class A | New | 0.50% | +0.50 |
| FAC Factorial Energy Inc. | New | 0.49% | +0.49 |
| VACH Voyager Acquisition Corp. | New | 0.49% | +0.49 |
| SGI Somnigroup International Inc. | Add +2.6% | 3.54% | +0.34 |
| BSAAU Best Spac I Acquisition Corp. | New | 0.30% | +0.30 |
| CCAQ Collective Acquisition Corp. | New | 0.28% | +0.28 |
| UYSC Uy Scuti Acquisition Corp. | New | 0.26% | +0.26 |
| WTGUU Wintergreen Acquisition Corp. | New | 0.22% | +0.22 |
| KFII K&F Growth Acquisition Cor-A | New | 0.21% | +0.21 |
| SOUL Soulpower Acquisition Co. Class A | New | 0.21% | +0.21 |
| XRPN Armada Acquisition Class A | New | 0.20% | +0.20 |
| LCCC Lakeshore Acquisition III Co. | New | 0.18% | +0.18 |
| GOGO Gogo Inc. | New | 0.17% | +0.17 |
| WSBK Winchester Bancorp Inc. | New | 0.17% | +0.17 |
| OPEN Opendoor Technologies Inc. | Add +705.1% | 0.21% | +0.16 |
| MPB Mid Penn Bancorp Inc. | New | 0.16% | +0.16 |
| CBRL Cracker Barrel Old Country | New | 0.12% | +0.12 |
| CHPG Championsgate Acquisitio-A | New | 0.11% | +0.11 |
| OBAWU Oxley Bridge Acquisition Ltd. | New | 0.11% | +0.11 |
| OGN Organon & Co. | New | 0.10% | +0.10 |
| SAIL Sailpoint Inc. | New | 0.10% | +0.10 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.10% | +0.10 |
| PLUG Plug Power Inc. | New | 0.10% | +0.10 |
| SZZL Sizzle Acquisition Corp. Class A | New | 0.10% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +4.3% | 2.78% | +0.10 |
| DASH DoorDash Inc. Class A | New | 0.10% | +0.10 |
| CCL Carnival Corp. | New | 0.09% | +0.09 |
| TDOC Teladoc Health Inc. | New | 0.09% | +0.09 |
| CYBR Cyberark Software Ltd./Israel | New | 0.09% | +0.09 |
| ILMN Illumina Inc. | New | 0.09% | +0.09 |
| AXON Axon Enterprise Inc. | New | 0.09% | +0.09 |
| CVNA Carvana Co. | New | 0.09% | +0.09 |
| GNRC Generac Holdings Inc. | New | 0.09% | +0.09 |
| MDB Mongodb Inc. | New | 0.09% | +0.09 |
| NMR Nomura Holdings Inc.-Spon ADR | New | 0.09% | +0.09 |
| PJT PJT Partners Inc. Class A | New | 0.09% | +0.09 |
| TIGR Up Fintech Holding Ltd. - ADR | New | 0.08% | +0.08 |
| JCI Johnson Controls Internation | New | 0.08% | +0.08 |
| PANW Palo Alto Networks Inc. | New | 0.08% | +0.08 |
| EQT Eqt Corp. | New | 0.08% | +0.08 |
| FITB Fifth Third Bancorp | New | 0.08% | +0.08 |
Notes & Other Activity Q1 2025 → Q2 2025
| MSSWF Metal SKY Star Acq -CW27 | *W EXP 03/31/202 | Sold out | 793,189 | $9.8Mbefore exit |
| CLRWF Climaterock Class A -27 | *W EXP 99/99/999 | Sold out | 650,000 | $7.8Mbefore exit |
| EMCWF Embrace Change Acquisitio-26 | *W EXP 10/25/202 | Sold out | 625,000 | $7.5Mbefore exit |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | Sold out | 500,026 | $6.7Mbefore exit |
| DISTW Distoken Acquisition Corp.-28 | *W EXP 11/30/202 | Sold out | 525,090 | $6.0Mbefore exit |
| AFJKR Aimei Health Technology Co. L | RIGHT 11/17/2028 | Sold out | 750,000 | $270Kbefore exit |
| GLLRF Global Lights Acquisition Co. | RIGHT 99/99/9999 | Sold out | 1,024,750 | $226Kbefore exit |
| JVSAR Jvspac Acquisition Corp.-RTS | RIGHT 11/26/2026 | Sold out | 600,000 | $168Kbefore exit |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | Sold out | 1,497,887 | $148Kbefore exit |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | Sold out | 412,884 | $124Kbefore exit |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | New | 408,154 | $106K |
| AITRR AI Transportation Acquis-RTS | RIGHT 09/01/2028 | Sold out | 340,251 | $53Kbefore exit |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | Reduce -0.2% | 289,021 | $51K |
| UYSCR Uy Scuti Acquisition Corp. | RIGHT 03/03/2030 | Add +183.4% | 240,898 | $48K |
| LCCCR Lakeshore Acquisition III Co. | RIGHT 08/01/2026 | New | 163,800 | $33K |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | Reduce -0.6% | 99,240 | $18K |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | New | 100,893 | $10K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 398 | $1.5B | INDV, VISN, ATMU, FLYW, TIGO |
| Q1 2026 | 403 | $1.2B | INDV, ATMU, ETH, REX, PCG |
| Q4 2025 | 356 | $1.2B | INDV, RIO, ATMU, TEVA, ECVT |
| Q3 2025 | 160 | $1.2B | INDV, RIO, ATMU, ENVA, SGI |
| Q2 2025 | 139 | $915.0M | RIO, WDC, ENVA, LAUR, TIGO |
| Q1 2025 | 134 | $869.3M | RIO, LBRDK, LLYVK, ATMU, ENVA |
| Q4 2024 | 126 | $820.5M | LLYVK, ATMU, TEVA, ENVA, LBRDK |
| Q3 2024 | 116 | $1.0B | ATMU, MBC, LBRDK, TEVA, ENVA |
| Q2 2024 | 81 | $1.1B | JXN, AER, TEVA, ACI, X |
| Q1 2024 | 82 | $1.2B | MBC, AER, ACI, JXN, X |