MAC Alpha Capital Management, LP Concentrated Active

CIK: 0002111003 · Show all filings

Period: Q4 2025

Filing Date: Feb 17, 2026

Total Value ($000): $181,753 (100.0% shares, 0.0% debt)

Holdings (20)

BTG B2GOLD CORP 14.5%

Value ($000) $26,312 Shares 5,842,923 Est. Cost $4.66 Unrealized 0.0%

FTI TECHNIPFMC PLC 8.5%

Value ($000) $15,500 Shares 347,854 Est. Cost $42.20 Unrealized 0.0%

ALSN ALLISON TRANSMISSION HLDGS I 7.5%

Value ($000) $13,579 Shares 138,709 Est. Cost $87.50 Unrealized 0.0%

AXTA AXALTA COATING SYS LTD 7.3%

Value ($000) $13,336 Shares 412,758 Est. Cost $29.34 Unrealized 0.0%

CLX CLOROX CO DEL 6.5%

Value ($000) $11,878 Shares 117,800 Est. Cost $108.27 Unrealized 0.0%

SBSW SIBANYE STILLWATER LTD 6.1%

Value ($000) $11,092 Shares 778,407 Est. Cost $14.25 Unrealized —

ERO ERO COPPER CORP 5.5%

Value ($000) $9,966 Shares 351,237 Est. Cost $23.29 Unrealized 0.0%

SAIC SCIENCE APPLICATIONS INTL CO 5.0%

Value ($000) $9,086 Shares 90,266 Est. Cost $95.49 Unrealized 0.0%

SEE SEALED AIR CORP NEW 4.9%

Value ($000) $8,969 Shares 216,493 Est. Cost $38.57 Unrealized 0.0%

BWA BORGWARNER INC 4.7%

Value ($000) $8,529 Shares 189,282 Est. Cost $43.69 Unrealized 0.0%

ENR ENERGIZER HLDGS INC NEW 4.6%

Value ($000) $8,330 Shares 418,808 Est. Cost $21.28 Unrealized 0.0%

TAP MOLSON COORS BEVERAGE CO 4.2%

Value ($000) $7,648 Shares 163,832 Est. Cost $45.79 Unrealized 0.0%

GNTX GENTEX CORP 3.4%

Value ($000) $6,113 Shares 262,700 Est. Cost $24.11 Unrealized 0.0%

CPB THE CAMPBELLS COMPANY 3.3%

Value ($000) $6,051 Shares 217,114 Est. Cost $30.06 Unrealized 0.0%

RRC RANGE RES CORP 3.1%

Value ($000) $5,581 Shares 158,276 Est. Cost $37.25 Unrealized 0.0%

STLD STEEL DYNAMICS INC 3.0%

Value ($000) $5,513 Shares 32,534 Est. Cost $158.36 Unrealized 0.0%

CLB CORE LABORATORIES INC 2.8%

Value ($000) $5,016 Shares 312,928 Est. Cost $14.87 Unrealized 0.0%

LW LAMB WESTON HLDGS INC 2.2%

Value ($000) $4,013 Shares 95,803 Est. Cost $58.72 Unrealized 0.0%

VVV VALVOLINE INC 2.0%

Value ($000) $3,593 Shares 123,656 Est. Cost $32.11 Unrealized 0.0%

AAP ADVANCE AUTO PARTS INC 0.9%

Value ($000) $1,648 Shares 41,926 Est. Cost $49.80 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BTG	B2GOLD CORP	5,842,923	$26,312	14.5%	$4.66	0.0%	COM	11777Q209
FTI	TECHNIPFMC PLC	347,854	$15,500	8.5%	$42.20	0.0%	COM	G87110105
ALSN	ALLISON TRANSMISSION HLDGS I	138,709	$13,579	7.5%	$87.50	0.0%	COM	01973R101
AXTA	AXALTA COATING SYS LTD	412,758	$13,336	7.3%	$29.34	0.0%	COM	G0750C108
CLX	CLOROX CO DEL	117,800	$11,878	6.5%	$108.27	0.0%	COM	189054109
SBSW	SIBANYE STILLWATER LTD	778,407	$11,092	6.1%	$14.25	—	SPONSORED ADR	82575P107
ERO	ERO COPPER CORP	351,237	$9,966	5.5%	$23.29	0.0%	COM	296006109
SAIC	SCIENCE APPLICATIONS INTL CO	90,266	$9,086	5.0%	$95.49	0.0%	COM	808625107
SEE	SEALED AIR CORP NEW	216,493	$8,969	4.9%	$38.57	0.0%	COM	81211K100
BWA	BORGWARNER INC	189,282	$8,529	4.7%	$43.69	0.0%	COM	099724106
ENR	ENERGIZER HLDGS INC NEW	418,808	$8,330	4.6%	$21.28	0.0%	COM	29272W109
TAP	MOLSON COORS BEVERAGE CO	163,832	$7,648	4.2%	$45.79	0.0%	CL B	60871R209
GNTX	GENTEX CORP	262,700	$6,113	3.4%	$24.11	0.0%	COM	371901109
CPB	THE CAMPBELLS COMPANY	217,114	$6,051	3.3%	$30.06	0.0%	COM	134429109
RRC	RANGE RES CORP	158,276	$5,581	3.1%	$37.25	0.0%	COM	75281A109
STLD	STEEL DYNAMICS INC	32,534	$5,513	3.0%	$158.36	0.0%	COM	858119100
CLB	CORE LABORATORIES INC	312,928	$5,016	2.8%	$14.87	0.0%	COM	21867A105
LW	LAMB WESTON HLDGS INC	95,803	$4,013	2.2%	$58.72	0.0%	COM	513272104
VVV	VALVOLINE INC	123,656	$3,593	2.0%	$32.11	0.0%	COM	92047W101
AAP	ADVANCE AUTO PARTS INC	41,926	$1,648	0.9%	$49.80	0.0%	COM	00751Y106