Magnitude Capital, LLC

Key Holdings

The sole position in the portfolio is Hamilton Insurance Group Ltd (HG), comprising 15.10 million shares valued at $374.40 million. This position accounts for 100.00% of the fund's total assets. The fact that Magnitude Capital holds such a substantial block of shares—representing a significant stake in the insurance company—indicates a level of influence or a strategic partnership that goes beyond typical passive investment. The position remained static in terms of share count during the quarter, meaning the $48.0 million increase in value was derived entirely from price appreciation of the underlying stock.