MIG Capital, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), MIG Capital, LLC reported 43 stock positions worth $589.4 million. Its top holding was Meta Platforms Class A (META) at 8.9% of the portfolio, followed by Dexcom (DXCM, 6.8%) and Sotera Health (SHC, 5.9%). Compared with Q3 2025, it opened 3 new positions, sold out of 3, added to 1 and reduced 9. The biggest buy was a new position in Cogent Communications Holdin (CCOI) and the biggest sale Sotera Health (SHC, shares −54%).

Most Recent 13F
Q4 2025
Location
Newport Beach, CA
CIK
0001425649
Portfolio Value
$589.4M (Q4 2025)
SEC Filing
0001104659-26-016028 ↗ filed Feb 17, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $719.4M Q1 2024 Q2 2024: $750.6M Q2 2024 Q3 2024: $824.3M Q3 2024 Q4 2024: $963.5M Q4 2024 Q1 2025: $785.9M Q1 2025 Q2 2025: $950.2M Q2 2025 Q3 2025: $682.0M Q3 2025 Q4 2025: $589.4M $589.4M Q4 2025

Holdings 43 stocks · $589.4M
META Meta Platforms Inc. Class A 8.90% 79,453 $52.4M No change
DXCM Dexcom Inc. 6.82% 605,547 $40.2M No change
SHC Sotera Health Co. 5.88% 1,964,518 $34.7M Reduce -53.5%
MSFT Microsoft Corp. 5.81% 70,815 $34.2M No change
CELH Celsius Holdings Inc. 5.76% 741,841 $33.9M Reduce -22.3%
GOOG Alphabet Inc. Class C 5.53% 103,855 $32.6M Reduce -7.2%
CACC Credit Acceptance Corp. 5.24% 69,715 $30.9M Reduce -3.8%
KNF Knife River Corp. 4.93% 413,380 $29.1M No change
AVGO Broadcom Inc. 4.72% 80,320 $27.8M Reduce -18.7%
QQQ Invesco QQQ Trust Series 1 4.59% 44,019 $27.0M No change
TSM Taiwan Semiconductor-SP ADR 3.44% 66,671 $20.3M Reduce -37.7%
FLUT Flutter Entertainment PLC-Di 3.34% 91,522 $19.7M No change
AMZN Amazon.com Inc. 3.23% 82,572 $19.1M Reduce -11.3%
SMH Vaneck Semiconductor ETF 3.20% 52,336 $18.8M No change
WMS Advanced Drainage Systems Inc. 2.94% 119,714 $17.3M Reduce -33.5%
CCOI Cogent Communications Holdin 2.08% 569,220 $12.3M New
LLY Eli Lilly & Co. 1.98% 10,872 $11.7M No change
WDC Western Digital Corp. 1.97% 67,406 $11.6M No change
MU Micron Technology Inc. 1.80% 37,205 $10.6M No change
STX Seagate Technology Holdings 1.50% 32,150 $8.9M No change
MDB Mongodb Inc. 1.28% 17,964 $7.5M No change
LRCX Lam Research Corp. 1.21% 41,595 $7.1M No change
COHR Coherent Corp. 1.15% 36,594 $6.8M No change
RDDT Reddit Inc. Class A 1.07% 27,395 $6.3M No change
KLAC KLA Corp. 0.92% 4,445 $5.4M No change
SHOP Shopify Inc. Class A 0.89% 32,593 $5.2M No change
AMAT Applied Materials Inc. 0.89% 20,359 $5.2M No change
CIEN Ciena Corp. 0.76% 19,032 $4.5M New
SNX TD Synnex Corp. 0.70% 27,595 $4.1M No change
NVDA Nvidia Corp. 0.70% 22,159 $4.1M No change
DDOG Datadog Inc. Class A 0.66% 28,767 $3.9M No change
CRWD CrowdStrike Holdings Inc. Class A 0.66% 8,278 $3.9M Add +14.1%
PTC PTC Inc. 0.59% 19,888 $3.5M No change
RBLX Roblox Corp. Class A 0.58% 42,505 $3.4M No change
ADSK Autodesk Inc. 0.58% 11,592 $3.4M No change
SNOW Snowflake Inc. 0.58% 15,558 $3.4M No change
SPOT Spotify Technology SA 0.51% 5,224 $3.0M No change
ZS Zscaler Inc. 0.51% 13,241 $3.0M No change
ORCL Oracle Corp. 0.50% 15,178 $3.0M No change
PANW Palo Alto Networks Inc. 0.45% 14,548 $2.7M New
NFLX Netflix Inc. 0.45% 28,160 $2.6M No change
NOW ServiceNow Inc. 0.44% 16,810 $2.6M Reduce -82.1%
SNPS Synopsys Inc. 0.27% 3,383 $1.6M No change

Portfolio Sells Q3 2025 → Q4 2025
SHC Sotera Health Co. Reduce -53.5% 5.88% −3.87
ELV Elevance Health Inc. Sold out 0.00% −2.68
CELH Celsius Holdings Inc. Reduce -22.3% 5.76% −2.30
NOW ServiceNow Inc. Reduce -82.1% 0.44% −2.10
TSM Taiwan Semiconductor-SP ADR Reduce -37.7% 3.44% −0.95
WMS Advanced Drainage Systems Inc. Reduce -33.5% 2.94% −0.72
MELI MercadoLibre Inc. Sold out 0.00% −0.48
INTU Intuit Inc. Sold out 0.00% −0.40
AVGO Broadcom Inc. Reduce -18.7% 4.72% −0.06
AMZN Amazon.com Inc. Reduce -11.3% 3.23% +0.24
CACC Credit Acceptance Corp. Reduce -3.8% 5.24% +0.29
GOOG Alphabet Inc. Class C Reduce -7.2% 5.53% +1.53

Portfolio Buys Q3 2025 → Q4 2025
CCOI Cogent Communications Holdin New 2.08% +2.08
CIEN Ciena Corp. New 0.76% +0.76
PANW Palo Alto Networks Inc. New 0.45% +0.45
CRWD CrowdStrike Holdings Inc. Class A Add +14.1% 0.66% +0.14

Options Activity Q3 2025 → Q4 2025
ELV Elevance Health Inc. call Sold out 20,000 $6.5Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 43$589.4MMETA, DXCM, SHC, MSFT, CELH
Q3 2025 43$682.0MSHC, META, CELH, DXCM, MSFT
Q2 2025 54$950.2MDXCM, CELH, SHC, CACC, META
Q1 2025 53$785.9MSHC, CACC, CCOI, CELH, LLY
Q4 2024 71$963.5MCCOI, SHC, FISV, DXCM, CACC
Q3 2024 19$824.3MSHC, CCOI, FISV, META, KNF
Q2 2024 19$750.6MSHC, CCOI, DXCM, ELV, META
Q1 2024 16$719.4MDXCM, FISV, CCOI, SHC, ELV