MIG Capital, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), MIG Capital, LLC reported 71 stock positions worth $963.5 million. Its top holding was Cogent Communications Holdin (CCOI) at 9.3% of the portfolio, followed by Sotera Health (SHC, 8.4%) and Fiserv (FISV, 7.7%). Compared with Q3 2024, it opened 53 new positions, sold out of 1, added to 8 and reduced 5. The biggest buy was a new position in Humana (HUM) and the biggest sale an exit from Carmax (KMX).
- Most Recent 13F
- Q4 2025
- Location
- Newport Beach, CA
- CIK
- 0001425649
- Portfolio Value
- $963.5M (Q4 2024)
- SEC Filing
- 0001104659-25-012479 ↗ filed Feb 13, 2025
Holdings Value
Holdings 71 stocks · $963.5M
| CCOI Cogent Communications Holdin | 9.25% | 1,156,508 | $89.1M | Reduce -8.2% |
| SHC Sotera Health Co. | 8.40% | 5,918,577 | $81.0M | No change |
| FISV Fiserv Inc. | 7.70% | 360,946 | $74.1M | No change |
| DXCM Dexcom Inc. | 6.94% | 859,627 | $66.9M | No change |
| CACC Credit Acceptance Corp. | 6.16% | 126,467 | $59.4M | Add +8.6% |
| KNF Knife River Corp. | 5.92% | 561,163 | $57.0M | Reduce -13.0% |
| META Meta Platforms Inc. Class A | 5.74% | 94,394 | $55.3M | Reduce -12.1% |
| LLY Eli Lilly & Co. | 5.28% | 65,936 | $50.9M | Add +220.4% |
| GOOG Alphabet Inc. Class C | 4.14% | 209,288 | $39.9M | Add +34.4% |
| PM Philip Morris International | 4.12% | 330,142 | $39.7M | No change |
| RTO Rentokil Initial PLC-SP ADR | 4.06% | 1,543,879 | $39.1M | Add +29.1% |
| HUM Humana Inc. | 3.93% | 149,163 | $37.8M | New |
| ELV Elevance Health Inc. | 3.81% | 99,598 | $36.7M | Add +5.4% |
| WDAY Workday Inc. Class A | 3.35% | 125,204 | $32.3M | Add +81.8% |
| MSFT Microsoft Corp. | 3.33% | 76,062 | $32.1M | No change |
| CELH Celsius Holdings Inc. | 3.02% | 1,104,652 | $29.1M | Add +14.1% |
| CFLT Confluent Inc. Class A | 2.80% | 965,904 | $27.0M | New |
| WMS Advanced Drainage Systems Inc. | 2.78% | 231,817 | $26.8M | Add +45.8% |
| AMZN Amazon.com Inc. | 2.76% | 121,068 | $26.6M | New |
| PLD Prologis Inc. | 1.75% | 159,400 | $16.8M | New |
| ESTC Elastic NV | 1.64% | 159,857 | $15.8M | New |
| EWCZ European Wax Center Inc. Class A | 1.42% | 2,057,186 | $13.7M | Reduce -1.5% |
| SKYT Skywater Technology Inc. | 0.04% | 27,363 | $378K | New |
| EVLV Evolv Technologies Holdings | 0.04% | 94,979 | $375K | New |
| ALAB Astera Labs Inc. | 0.04% | 2,689 | $356K | New |
| AVGO Broadcom Inc. | 0.04% | 1,536 | $356K | New |
| CYBR Cyberark Software Ltd./Israel | 0.04% | 1,063 | $354K | New |
| FORM Formfactor Inc. | 0.04% | 7,922 | $349K | New |
| KTOS Kratos Defense & Security | 0.04% | 13,079 | $345K | New |
| NVDA Nvidia Corp. | 0.04% | 2,566 | $345K | New |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 4,513 | $341K | New |
| APP AppLovin Corp. Class A | 0.04% | 1,053 | $341K | New |
| ANET Arista Networks Inc. | 0.04% | 3,080 | $340K | New |
| AMD Advanced Micro Devices | 0.04% | 2,817 | $340K | New |
| HOOD Robinhood Markets Inc. Class A | 0.04% | 9,095 | $339K | New |
| DT Dynatrace Inc. | 0.04% | 6,234 | $339K | New |
| GTLB Gitlab Inc. Class A | 0.04% | 5,995 | $338K | New |
| LITE Lumentum Holdings Inc. | 0.03% | 4,010 | $337K | New |
| SAP Sap SE-Sponsored ADR | 0.03% | 1,364 | $336K | New |
| CRDO Credo Technology Group Holdi | 0.03% | 4,993 | $336K | New |
| CHKP Check Point Software Tech | 0.03% | 1,796 | $335K | New |
| LPLA LPL Financial Holdings Inc. | 0.03% | 1,026 | $335K | New |
| CRM Salesforce Inc. | 0.03% | 1,000 | $334K | Reduce -98.5% |
| S Sentinelone Inc. Class A | 0.03% | 15,046 | $334K | New |
| HON Honeywell International Inc. | 0.03% | 1,477 | $334K | New |
| SHOP Shopify Inc. Class A | 0.03% | 3,130 | $333K | New |
| CIEN Ciena Corp. | 0.03% | 3,920 | $332K | New |
| HUBS HubSpot Inc. | 0.03% | 477 | $332K | New |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.03% | 5,402 | $332K | New |
| ORCL Oracle Corp. | 0.03% | 1,987 | $331K | New |
| SPOT Spotify Technology SA | 0.03% | 739 | $331K | New |
| RBLX Roblox Corp. Class A | 0.03% | 5,714 | $331K | New |
| VRT Vertiv Holdings Co. Class A | 0.03% | 2,907 | $330K | New |
| NOW ServiceNow Inc. | 0.03% | 311 | $330K | New |
| ZS Zscaler Inc. | 0.03% | 1,825 | $329K | New |
| CWAN Clearwater Analytics HDS-A | 0.03% | 11,961 | $329K | New |
| DDOG Datadog Inc. Class A | 0.03% | 2,286 | $327K | New |
| IBIT iShares Bitcoin Trust ETF | 0.03% | 6,148 | $326K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 952 | $326K | New |
| MU Micron Technology Inc. | 0.03% | 3,846 | $324K | New |
| INDI Indie Semiconductor Inc. Class A | 0.03% | 79,751 | $323K | New |
| PANW Palo Alto Networks Inc. | 0.03% | 1,772 | $322K | New |
| NTNX Nutanix Inc. Class A | 0.03% | 5,255 | $322K | New |
| AVAV Aerovironment Inc. | 0.03% | 2,088 | $321K | New |
| SNOW Snowflake Inc. | 0.03% | 2,049 | $316K | New |
| AVPT Avepoint Inc. | 0.03% | 18,926 | $312K | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.03% | 2,657 | $312K | New |
| TSLA Tesla Inc. | 0.03% | 770 | $311K | New |
| SG Sweetgreen Inc. Class A | 0.03% | 9,662 | $310K | New |
| CVNA Carvana Co. | 0.03% | 1,508 | $307K | New |
| COIN Coinbase Global Inc. Class A | 0.03% | 1,225 | $304K | New |
Options reported separately and not counted above: ELV calls ($7.4M).
Portfolio Sells Q3 2024 → Q4 2024
| KMX Carmax Inc. | Sold out | 0.00% | −4.35 |
| CCOI Cogent Communications Holdin | Reduce -8.2% | 9.25% | −2.35 |
| CRM Salesforce Inc. | Reduce -98.5% | 0.03% | −2.18 |
| META Meta Platforms Inc. Class A | Reduce -12.1% | 5.74% | −1.72 |
| KNF Knife River Corp. | Reduce -13.0% | 5.92% | −1.07 |
| EWCZ European Wax Center Inc. Class A | Reduce -1.5% | 1.42% | −0.30 |
Portfolio Buys Q3 2024 → Q4 2024
| HUM Humana Inc. | New | 3.93% | +3.93 |
| LLY Eli Lilly & Co. | Add +220.4% | 5.28% | +3.07 |
| CFLT Confluent Inc. Class A | New | 2.80% | +2.80 |
| AMZN Amazon.com Inc. | New | 2.76% | +2.76 |
| PLD Prologis Inc. | New | 1.75% | +1.75 |
| ESTC Elastic NV | New | 1.64% | +1.64 |
| WDAY Workday Inc. Class A | Add +81.8% | 3.35% | +1.31 |
| GOOG Alphabet Inc. Class C | Add +34.4% | 4.14% | +0.98 |
| RTO Rentokil Initial PLC-SP ADR | Add +29.1% | 4.06% | +0.44 |
| SKYT Skywater Technology Inc. | New | 0.04% | +0.04 |
| EVLV Evolv Technologies Holdings | New | 0.04% | +0.04 |
| ALAB Astera Labs Inc. | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | New | 0.04% | +0.04 |
| CYBR Cyberark Software Ltd./Israel | New | 0.04% | +0.04 |
| FORM Formfactor Inc. | New | 0.04% | +0.04 |
| KTOS Kratos Defense & Security | New | 0.04% | +0.04 |
| NVDA Nvidia Corp. | New | 0.04% | +0.04 |
| APP AppLovin Corp. Class A | New | 0.04% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | New | 0.04% | +0.04 |
| ANET Arista Networks Inc. | New | 0.04% | +0.04 |
| DT Dynatrace Inc. | New | 0.04% | +0.04 |
| HOOD Robinhood Markets Inc. Class A | New | 0.04% | +0.04 |
| GTLB Gitlab Inc. Class A | New | 0.04% | +0.04 |
| LITE Lumentum Holdings Inc. | New | 0.03% | +0.03 |
| SAP Sap SE-Sponsored ADR | New | 0.03% | +0.03 |
| LPLA LPL Financial Holdings Inc. | New | 0.03% | +0.03 |
| CRDO Credo Technology Group Holdi | New | 0.03% | +0.03 |
| CHKP Check Point Software Tech | New | 0.03% | +0.03 |
| S Sentinelone Inc. Class A | New | 0.03% | +0.03 |
| HON Honeywell International Inc. | New | 0.03% | +0.03 |
| CIEN Ciena Corp. | New | 0.03% | +0.03 |
| HUBS HubSpot Inc. | New | 0.03% | +0.03 |
| SHOP Shopify Inc. Class A | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | New | 0.03% | +0.03 |
| P Everpure Inc. Class A | New | 0.03% | +0.03 |
| RBLX Roblox Corp. Class A | New | 0.03% | +0.03 |
| VRT Vertiv Holdings Co. Class A | New | 0.03% | +0.03 |
| SPOT Spotify Technology SA | New | 0.03% | +0.03 |
| CWAN Clearwater Analytics HDS-A | New | 0.03% | +0.03 |
| NOW ServiceNow Inc. | New | 0.03% | +0.03 |
| ZS Zscaler Inc. | New | 0.03% | +0.03 |
| DDOG Datadog Inc. Class A | New | 0.03% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | New | 0.03% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.03% | +0.03 |
| MU Micron Technology Inc. | New | 0.03% | +0.03 |
| INDI Indie Semiconductor Inc. Class A | New | 0.03% | +0.03 |
| PANW Palo Alto Networks Inc. | New | 0.03% | +0.03 |
| NTNX Nutanix Inc. Class A | New | 0.03% | +0.03 |
| AVAV Aerovironment Inc. | New | 0.03% | +0.03 |
Options Activity Q3 2024 → Q4 2024
| ELV Elevance Health Inc. | call | New | 20,000 | $7.4M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 43 | $589.4M | META, DXCM, SHC, MSFT, CELH |
| Q3 2025 | 43 | $682.0M | SHC, META, CELH, DXCM, MSFT |
| Q2 2025 | 54 | $950.2M | DXCM, CELH, SHC, CACC, META |
| Q1 2025 | 53 | $785.9M | SHC, CACC, CCOI, CELH, LLY |
| Q4 2024 | 71 | $963.5M | CCOI, SHC, FISV, DXCM, CACC |
| Q3 2024 | 19 | $824.3M | SHC, CCOI, FISV, META, KNF |
| Q2 2024 | 19 | $750.6M | SHC, CCOI, DXCM, ELV, META |
| Q1 2024 | 16 | $719.4M | DXCM, FISV, CCOI, SHC, ELV |