MMCAP International Inc. SPC

Portfolio Overview

MMCAP International Inc. SPC reported a significant contraction in portfolio value during the quarter ending September 30, 2025. The total assets under management (AUM) decreased by 13.7%, dropping from $831.38 million to $717.14 million. Despite this reduction in value, the number of holdings remained substantial at 152, though the turnover was exceptionally high. The filing reveals a highly active management style, with 46 positions either liquidated or initiated (23 ne...