MIC Capital Management UK LLP
LONDON, X0
$394m in 16 US stocks at the end of 30 June 2026. The top 10 are 94.6% of the money. It changed about 12.5% of the portfolio this quarter.
Value
$394m
Stocks
16
Top 10 share
94.6%
Turnover
12.5%
What changed this quarter
New
Bought for the first time this quarter.
- Alibaba Group HldgBABA3.7% of the fund
- Capital One FinancialCOF2.4% of the fund
- BillionToOneBLLN0.1% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Hayward HoldingsHAYW27.1% of the fund-6%
- Revolution MedicinesRVMD25.3% of the fund-33%
- Klarna GroupKLAR4.4% of the fund-69%
Sold out
Sold their entire stake.
- InseegoINSG-100%
Holdings
- Alibaba Group HldgBABA
- Share
- 3.7%
- Value
- $14m
- Shares
- 150,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Hayward HoldingsHAYW | 27.1% | $107m | 6,171,527 | -6% |
| Revolution MedicinesRVMD | 25.3% | $100m | 531,733 | -33% |
| Recursion PharmaceuticalsRXRX | 9.0% | $35m | 9,644,033 | Held |
| Restaurant Brands InternationalQSR | 7.1% | $28m | 386,203 | Held |
| CoupangCPNG | 6.2% | $25m | 1,412,946 | Held |
| Grab HoldingsGRAB | 4.8% | $19m | 5,000,000 | Held |
| Meta PlatformsMETA | 4.8% | $19m | 33,300 | Held |
| Klarna GroupKLAR | 4.4% | $17m | 852,498 | -69% |
| Alibaba Group HldgBABA | 3.7% | $14m | 150,000 | New |
| Capital One FinancialCOF | 2.4% | $10m | 48,011 | New |
| Neumora TherapeuticsNMRA | 1.9% | $8m | 4,460,700 | Held |
| monday.comMNDY | 1.2% | $5m | 66,000 | Held |
| Rocket LabRKLB | 0.9% | $4m | 35,628 | Held |
| Archer AviationACHR | 0.8% | $3m | 700,000 | Held |
| Lyell ImmunopharmaLYEL | 0.3% | $1m | 87,028 | Held |
| BillionToOneBLLN | 0.1% | $586,942 | 4,892 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 22.6% since 30 June 2025.
Where the money is
Health care36.6%
Industrials28.8%
Retail & consumer13.3%
Financial services6.8%
Technology6.0%
Media & telecom4.8%
Other3.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.