In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), MIG Capital, LLC reported 43 stock positions worth $682.0 million . Its top holding was Sotera Health (SHC) at 9.7% of the portfolio, followed by Meta Platforms Class A (META, 8.6% ) and Celsius (CELH, 8.1% ). Compared with Q2 2025, it opened 4 new positions, sold out of 15, added to 27 and reduced 10. The biggest buy was Broadcom (AVGO, shares +757% ) and the biggest sale an exit from Cogent Communications Holdin (CCOI).
Location Newport Beach, CA
CIK 0001425649
Portfolio Value $682.0M (Q3 2025) Holdings 43 stocks · $682.0M Holdings quarter Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2025 SHC Sotera Health Co. 4,226,810 $66.5M Reduce -20.0% META Meta Platforms Inc. Class A 79,453 $58.3M No change CELH Celsius Holdings Inc. 955,225 $54.9M Reduce -27.1% DXCM Dexcom Inc. 605,547 $40.7M Reduce -16.4% MSFT Microsoft Corp. 70,815 $36.7M No change CACC Credit Acceptance Corp. 72,437 $33.8M Reduce -37.1% AVGO Broadcom Inc. 98,781 $32.6M Add +756.5% KNF Knife River Corp. 413,380 $31.8M Add +7.1% TSM Taiwan Semiconductor-SP ADR 107,055 $29.9M Add +712.3% GOOG Alphabet Inc. Class C 111,913 $27.3M Reduce -44.3% QQQ Invesco QQQ Trust Series 1 44,019 $26.4M Reduce -37.9% WMS Advanced Drainage Systems Inc. 179,884 $24.9M Reduce -22.4% FLUT Flutter Entertainment PLC-Di 91,522 $23.2M Add +422.5% AMZN Amazon.com Inc. 93,127 $20.4M Reduce -43.7% ELV Elevance Health Inc. 56,509 $18.3M Reduce -5.2% NOW ServiceNow Inc. 18,766 $17.3M Add +698.2% SMH Vaneck Semiconductor ETF 52,336 $17.1M New LLY Eli Lilly & Co. 10,872 $8.3M Reduce -80.5% WDC Western Digital Corp. 67,406 $8.1M Add +30.8% STX Seagate Technology Holdings 32,150 $7.6M Add +28.2% RDDT Reddit Inc. Class A 27,395 $6.3M New MU Micron Technology Inc. 37,205 $6.2M Add +28.4% RBLX Roblox Corp. Class A 42,505 $5.9M Add +29.6% MDB Mongodb Inc. 17,964 $5.6M Add +37.0% LRCX Lam Research Corp. 41,595 $5.6M Add +32.4% SHOP Shopify Inc. Class A 32,593 $4.8M Add +38.6% KLAC KLA Corp. 4,445 $4.8M Add +33.1% SNX TD Synnex Corp. 27,595 $4.5M Add +35.5% ORCL Oracle Corp. 15,178 $4.3M Add +39.9% AMAT Applied Materials Inc. 20,359 $4.2M Add +34.3% NVDA Nvidia Corp. 22,159 $4.1M Add +40.0% DDOG Datadog Inc. Class A 28,767 $4.1M Add +32.8% PTC PTC Inc. 19,888 $4.0M Add +38.8% ZS Zscaler Inc. 13,241 $4.0M Add +32.9% COHR Coherent Corp. 36,594 $3.9M New ADSK Autodesk Inc. 11,592 $3.7M Add +40.6% SPOT Spotify Technology SA 5,224 $3.6M Add +37.3% CRWD CrowdStrike Holdings Inc. Class A 7,254 $3.6M Add +38.6% SNOW Snowflake Inc. 15,558 $3.5M Add +41.9% NFLX Netflix Inc. 2,816 $3.4M Add +39.8% MELI MercadoLibre Inc. 1,408 $3.3M Add +42.4% INTU Intuit Inc. 4,043 $2.8M Add +48.3% SNPS Synopsys Inc. 3,383 $1.7M New
Options reported separately and not counted above: ELV calls ($6.5M).
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ CCOI Cogent Communications Holdin Sold out 0.00% −5.22 WDAY Workday Inc. Class A Sold out 0.00% −3.48 LLY Eli Lilly & Co. Reduce -80.5% 1.22% −3.36 CRM Salesforce Inc. Sold out 0.00% −3.34 FISV Fiserv Inc. Sold out 0.00% −3.11 PM Philip Morris International Sold out 0.00% −2.95 CFLT Confluent Inc. Class A Sold out 0.00% −2.82 CAVA Cava Group Inc. Sold out 0.00% −2.44 RTO Rentokil Initial PLC-SP ADR Sold out 0.00% −2.20 HUM Humana Inc. Sold out 0.00% −2.12 UNH Unitedhealth Group Inc. Sold out 0.00% −1.84 EWCZ European Wax Center Inc. Class A Sold out 0.00% −1.22 CACC Credit Acceptance Corp. Reduce -37.1% 4.96% −1.22 AMZN Amazon.com Inc. Reduce -43.7% 3.00% −0.82 DXCM Dexcom Inc. Reduce -16.4% 5.97% −0.68 PINS Pinterest Inc. Class A Sold out 0.00% −0.33 FOUR SHIFT4 Payments Inc. Class A Sold out 0.00% −0.29 CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.27 ANSS Ansys Inc. Sold out 0.00% −0.26 QQQ Invesco QQQ Trust Series 1 Reduce -37.9% 3.88% −0.24 ELV Elevance Health Inc. Reduce -5.2% 2.68% +0.24 GOOG Alphabet Inc. Class C Reduce -44.3% 4.00% +0.25 WMS Advanced Drainage Systems Inc. Reduce -22.4% 3.66% +0.86 CELH Celsius Holdings Inc. Reduce -27.1% 8.05% +1.65 SHC Sotera Health Co. Reduce -20.0% 9.75% +3.57
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ AVGO Broadcom Inc. Add +756.5% 4.78% +4.44 TSM Taiwan Semiconductor-SP ADR Add +712.3% 4.38% +4.07 FLUT Flutter Entertainment PLC-Di Add +422.5% 3.41% +2.88 SMH Vaneck Semiconductor ETF New 2.50% +2.50 NOW ServiceNow Inc. Add +698.2% 2.53% +2.28 KNF Knife River Corp. Add +7.1% 4.66% +1.34 RDDT Reddit Inc. Class A New 0.92% +0.92 WDC Western Digital Corp. Add +30.8% 1.19% +0.84 STX Seagate Technology Holdings Add +28.2% 1.11% +0.73 COHR Coherent Corp. New 0.58% +0.58 MU Micron Technology Inc. Add +28.4% 0.91% +0.54 MDB Mongodb Inc. Add +37.0% 0.82% +0.53 RBLX Roblox Corp. Class A Add +29.6% 0.86% +0.50 LRCX Lam Research Corp. Add +32.4% 0.82% +0.49 SHOP Shopify Inc. Class A Add +38.6% 0.71% +0.42 KLAC KLA Corp. Add +33.1% 0.70% +0.39 ORCL Oracle Corp. Add +39.9% 0.63% +0.38 SNX TD Synnex Corp. Add +35.5% 0.66% +0.37 NVDA Nvidia Corp. Add +40.0% 0.61% +0.34 PTC PTC Inc. Add +38.8% 0.59% +0.33 AMAT Applied Materials Inc. Add +34.3% 0.61% +0.32 DDOG Datadog Inc. Class A Add +32.8% 0.60% +0.29 ADSK Autodesk Inc. Add +40.6% 0.54% +0.27 SNOW Snowflake Inc. Add +41.9% 0.51% +0.26 ZS Zscaler Inc. Add +32.9% 0.58% +0.25 SNPS Synopsys Inc. New 0.24% +0.24 CRWD CrowdStrike Holdings Inc. Class A Add +38.6% 0.52% +0.24 SPOT Spotify Technology SA Add +37.3% 0.53% +0.23 NFLX Netflix Inc. Add +39.8% 0.49% +0.21 MELI MercadoLibre Inc. Add +42.4% 0.48% +0.21 INTU Intuit Inc. Add +48.3% 0.40% +0.18
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ PM Philip Morris International call Sold out 61,500 $11.2Mbefore exit
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