Maple Rock Capital Partners Inc. 13F Filings Tracker & Analysis

Momentum followerDiversified strategyQuality / disciplined sizing

Total reported value

$3.1B

Reporting period: 2026-03-31 · Number of holdings: 44

Maple Rock Capital Partners Inc. disclosed 44 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $3.1B and a quarterly turnover rate of 54.8%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "M"

Personality snowflake

Concentration: 18.38
Portfolio Stability: 54.78
Momentum/Contrarian: 100
Sector conviction: 66.85
Diversification: 88
Sizing Uniformity: 89.77

Recent moves

Trim HCC
-91.3%　-$131.0M
Trim AA
-72.3%　-$113.5M
Trim RUN
-43.6%　-$57.2M
Trim LVS
-52.0%　-$54.2M
Add UNH
+291.6%　$40.1M
Trim WDC
-41.2%　-$31.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	WDC	Western Digital CORP	Stock-Tech	12.32%	-1.23%	-41.20%
2	EQX	Equinox Gold CORP	Stock-Other	9.14%	-0.25%	-4.00%
3	STX	Seagate Technology Holdings plc	Stock-Tech	6.81%	+0.75%	-19.80%
4	CLF	Cleveland-cliffs INC	Stock-Materials	5.70%	+0.28%	+67.87%
5	TFII	Tfi International INC	Stock-Other	4.81%	+4.81%	NEW
6	BKD	Brookdale Senior Living INC	Stock-Other	3.63%	+0.60%	-4.00%
7	SNDK	Sandisk CORP	Stock-Tech	3.44%	-0.39%	-65.90%
8	BTI	British American Tob-sp Adr	Stock-Consumer Staples	3.02%	-0.08%	-4.00%
9	JD	Jd.com Inc-adr	Stock-Consumer Disc	2.91%	+1.09%	+57.60%
10	LPX	Louisiana-pacific CORP	Stock-Industrials	2.63%	+1.06%	+88.93%
11	CVS	Cvs Health CORP	Stock-Healthcare	2.45%	+0.31%	+28.38%
12	MT	Arcelormittal-ny Registered	Stock-Other	2.39%	—	-13.27%
13	AAP	Advance Auto Parts INC	Stock-Consumer Disc	2.23%	+0.47%	-4.00%
14	ASTL	Algoma Steel Group INC	Stock-Other	2.14%	+0.19%	+10.39%
15	XPO	Xpo INC	Stock-Industrials	2.03%	+2.03%	NEW
16	LKQ	Lkq CORP	Stock-Consumer Disc	1.97%	+0.93%	+97.27%
17	AA	Alcoa CORP	Stock-Materials	1.95%	-3.78%	-72.32%
18	HUM	Humana INC	Stock-Healthcare	1.95%	+0.49%	+99.65%
19	UNH	Unitedhealth Group INC	Stock-Healthcare	1.90%	+1.30%	+291.64%
20	LYFT	Lyft Inc-a	Stock-Tech	1.78%	-0.97%	-4.00%
21	WAB	Wabtec CORP	Stock-Industrials	1.75%	+1.75%	NEW
22	ASO	Academy Sports & Outdoors In	Stock-Consumer Disc	1.54%	+1.54%	NEW
23	RKT	Rocket Cos Inc-class A	Stock-Financials	1.45%	+0.29%	+72.20%
24	NGVT	Ingevity CORP	Stock-Other	1.40%	+0.08%	-10.58%
25	RUN	Sunrun INC	Stock-Tech	1.32%	-1.92%	-43.60%
26	ARCB	Arcbest CORP	Stock-Other	1.29%	+0.94%	+181.28%
27	GT	Goodyear Tire & Rubber Co	Stock-Consumer Disc	1.25%	+0.10%	+46.43%
28	TPB	Turning Point Brands INC	Stock-Other	1.23%	-0.20%	+9.19%
29	ICLR	ICON Public Limited Company	Stock-Healthcare	1.21%	+1.21%	NEW
30	BTG	B2gold CORP	Stock-Other	1.20%	+1.20%	NEW
31	THO	Thor Industries INC	Stock-Consumer Disc	1.20%	+0.62%	+170.47%
32	WGO	Winnebago Industries	Stock-Other	1.18%	+1.18%	NEW
33	RYAM	Rayonier Advanced Materials	Stock-Other	1.17%	+1.17%	NEW
34	LVS	Las Vegas Sands CORP	Stock-Consumer Disc	1.16%	-1.81%	-52.00%
35	WHR	Whirlpool CORP	Stock-Consumer Disc	1.04%	+0.08%	+46.83%
36	MOH	Molina Healthcare INC	Stock-Healthcare	0.74%	-0.56%	-24.98%
37	CNC	Centene CORP	Stock-Healthcare	0.70%	-0.67%	-35.07%
38	KNX	Knight-swift Transportation	Stock-Industrials	0.69%	+0.69%	NEW
39	NUE	Nucor CORP	Stock-Materials	0.64%	+0.64%	NEW
40	FBIN	Fortune Brands Innovations I	Stock-Industrials	0.62%	+0.62%	NEW
41	ELV	Elevance Health INC	Stock-Healthcare	0.59%	+0.59%	NEW
42	WERN	Werner Enterprises INC	Stock-Other	0.53%	-0.26%	-30.26%
43	CAR	Avis Budget Group INC	Stock-Other	0.44%	+0.44%	NEW
44	HCC	Warrior Met Coal INC	Stock-Materials	0.43%	-4.34%	-91.26%

Portfolio Performance

Performance for Q3 2026

+1.7%

Performance Last 4 Quarters

+73.3%

Based on 76% of reported portfolio value with available pricing

Stdev: +23.9%
Beta: +1.37
Alpha: +4.7%
Max Drawdown: -10%
Annualized Perf: +31%
Batting Avg vs S&P: +55.6%
Sortino: +2.6
Stutzer: +0.37
Treynor: +0.22
Sterling: +1.61
Calmar: +3.1
Information Ratio: +0.69
Tracking Error: +16.6%
Stdev Down: +11.5%
Winning Months %: +58.3%
Losing Months %: +41.7%
Best 12 Months: +117.7%
Worst 12 Months: -1.4%
Efficiency Ratio: +0.57
Sharpe: +1.25
Stdev Sectors: +10.7%
Skewness: +0.16
Kurtosis: -0.75
Upside Potential: +4.49

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	44	$3.1B	55	1WDC 2EQX 3STX Top holdings2026-03-31 1.WDC 2.EQX 3.STX 4.CLF 5.TFII 6.BKD 7.SNDK 8.BTI 9.JD 10.LPX
2025-12-31	38	$3.0B	59	1WDC 2EQX 3STX Top holdings2025-12-31 1.WDC 2.EQX 3.STX 4.AA 5.CLF 6.HCC 7.SNDK 8.RUN 9.BTI 10.BKD
2025-09-30	41	$2.5B	100	1WDC 2EQX 3STX Top holdings2025-09-30 1.WDC 2.EQX 3.STX 4.RUN 5.INTC 6.TFII 7.HCC 8.TECK 9.SNDK 10.CLF
2025-06-30	40	$2.0B	0	1WDC 2STX 3TFII Top holdings2025-06-30 1.WDC 2.STX 3.TFII 4.EQX 5.PDD 6.TLN 7.CAR 8.LYFT 9.RUN 10.CLF
2025-03-31	41	$2.7B	100	1QQQ 2SPY 3NVDA Top holdings2025-03-31 1.QQQ 2.SPY 3.NVDA 4.TSLA 5.WDC 6.LNG 7.TFII 8.INTC 9.BABA 10.TLN
2024-12-31	36	$3.3B	0	1SPY 2QQQ 3GLD Top holdings2024-12-31 1.SPY 2.QQQ 3.GLD 4.WDC 5.TLN 6.VST 7.TEVA 8.ALB 9.LYFT 10.TFII
2024-09-30	33	$3.5B	0	1SPY 2GLD 3WDC Top holdings2024-09-30 1.SPY 2.GLD 3.WDC 4.VST 5.JD 6.TLN 7.BABA 8.ALB 9.HCC 10.TEVA
2024-06-30	34	$3.0B	0	1QQQ 2SPY 3WDC Top holdings2024-06-30 1.QQQ 2.SPY 3.WDC 4.IWM 5.S9Q 6.VST 7.ARCH1USD 8.NFE 9.JD 10.BABA
2024-03-31	31	$1.8B	0	1WDC 2S9Q 3TSLA Top holdings2024-03-31 1.WDC 2.S9Q 3.TSLA 4.VST 5.JD 6.ARCH1USD 7.BABA 8.BLCO 9.TEVA 10.LVS
2023-12-31	33	$1.8B	0	1WDC 2LYFT 3JD Top holdings2023-12-31 1.WDC 2.LYFT 3.JD 4.S9Q 5.ARCH1USD 6.RS 7.RNG 8.BABA 9.BLCO 10.LVS
2023-09-30	26	$1.1B	0	1NFLX 2WDC 3TSLA Top holdings2023-09-30 1.NFLX 2.WDC 3.TSLA 4.ARCH1USD 5.KOS 6.SU 7.BLCO 8.LYFT 9.LVS 10.S9Q
2023-06-30	22	$1.2B	0	1TSLA 2NFLX 3S9Q Top holdings2023-06-30 1.TSLA 2.NFLX 3.S9Q 4.WDC 5.SU 6.BABA 7.KOS 8.BLCO 9.LVS 10.JD
2023-03-31	31	$1.1B	0	1S9Q 2KOS 3ADM Top holdings2023-03-31 1.S9Q 2.KOS 3.ADM 4.WDC 5.BABA 6.SU 7.WB 8.ASTL 9.ARCH1USD 10.BLCO
2022-12-31	32	$2.5B	0	1GLD 2SPY 3CAT Top holdings2022-12-31 1.GLD 2.SPY 3.CAT 4.DE 5.HYG 6.ARCH1USD 7.NFLX 8.KOS 9.WDC 10.SU
2022-09-30	36	$2.1B	0	1XLE 2TSLA 3AAPL Top holdings2022-09-30 1.XLE 2.TSLA 3.AAPL 4.FCX 5.OVV 6.LYFT 7.ARKW 8.LNG 9.TRIP 10.WDC
2022-06-30	30	$1.7B	0	1GLD 2PYPL 3META Top holdings2022-06-30 1.GLD 2.PYPL 3.META 4.NFLX 5.ARCH1USD 6.VST 7.S9Q 8.TRIP 9.NGVT 10.WDC
2022-03-31	26	$1.9B	0	1XLE 2QQQ 3DAL Top holdings2022-03-31 1.XLE 2.QQQ 3.DAL 4.ARCH1USD 5.S9Q 6.ASTL 7.OVV 8.KOS 9.TG7 10.TWTRUSD
2021-12-31	25	$936.4M	0	1FCX 2ARCH1USD 3GPN Top holdings2021-12-31 1.FCX 2.ARCH1USD 3.GPN 4.S9Q 5.NGVT 6.OVV 7.WDC 8.TG7 9.TROX 10.ASTL
2021-09-30	22	$713.9M	0	1OVV 2ARCH1USD 38LP1 Top holdings2021-09-30 1.OVV 2.ARCH1USD 3.8LP1 4.S9Q 5.TROX 6.NGVT 7.TG7 8.AA 9.WDC 10.TFII
2021-06-30	20	$665.3M	62	1OVV 2WDC 3TROX Top holdings2021-06-30 1.OVV 2.WDC 3.TROX 4.NGVT 5.S9Q 6.TG7 7.ARCH1USD 8.SM 9.8LP1 10.EXE
2021-03-31	22	$689.2M	75	1SM 2WDC 3TROX Top holdings2021-03-31 1.SM 2.WDC 3.TROX 4.S9Q 5.TG7 6.NGVT 7.OVV 8.AAWWUSD 9.MT 10.EXE
2020-12-31	27	$689.4M	89	1WDC 2SM 3TROX Top holdings2020-12-31 1.WDC 2.SM 3.TROX 4.ARMK 5.NGVT 6.OVV 7.TG7 8.S9Q 9.AAWWUSD 10.H
2020-09-30	25	$547.3M	85	1WFC 2WDC 3ARMK Top holdings2020-09-30 1.WFC 2.WDC 3.ARMK 4.TECK 5.NGVT 6.ARCH1USD 7.AAWWUSD 8.VNO 9.GEN 10.TROX
2020-06-30	25	$499.7M	100	1OXY 2NGVT 3WFC Top holdings2020-06-30 1.OXY 2.NGVT 3.WFC 4.S9Q 5.AAWWUSD 6.GEN 7.CVE 8.TDG 9.USX1 10.TROX
2020-03-31	25	$389.9M	100	1XOM 2LAUR 3NGVT Top holdings2020-03-31 1.XOM 2.LAUR 3.NGVT 4.GDXJ 5.GEN 6.S9Q 7.TROX 8.TG7 9.ARCH1EUR 10.TLND
2019-12-31	21	$657.0M	52	1WDC 2FMC 3LAUR Top holdings2019-12-31 1.WDC 2.FMC 3.LAUR 4.TG7 5.GEN 6.SBSW 7.TLND 8.ARCH1EUR 9.S9Q 10.WPXUSD
2019-09-30	18	$746.0M	32	1WDC 2TG7 3FMC Top holdings2019-09-30 1.WDC 2.TG7 3.FMC 4.GDX 5.LAUR 6.TROX 7.TLND 8.WPXUSD 9.CAR 10.SYMCEUR
2019-06-30	15	$604.3M	77	1WDC 2TG7 3FMC Top holdings2019-06-30 1.WDC 2.TG7 3.FMC 4.TROX 5.GDX 6.LAUR 7.ARCH1EUR 8.TLND 9.CAR 10.WPXUSD
2019-03-31	13	$340.7M	59	1TROX 2FMC 3LAUR Top holdings2019-03-31 1.TROX 2.FMC 3.LAUR 4.TG7 5.TLND 6.ARCH1EUR 7.WPXUSD 8.LEN 9.DOORUSD 10.CAR
2018-12-31	11	$282.5M	54	1FMC 2LAUR 3ARCH1EUR Top holdings2018-12-31 1.FMC 2.LAUR 3.ARCH1EUR 4.DOORUSD 5.TROX 6.TG7 7.WPXUSD 8.TLND 9.HTZ-WEUR 10.SONO
2018-09-30	17	$425.5M	56	1FMC 2DOORUSD 3WPXUSD Top holdings2018-09-30 1.FMC 2.DOORUSD 3.WPXUSD 4.ARCH1EUR 5.TG7 6.TROX 7.LAUR 8.ALB 9.HTZ-WEUR 10.P
2018-06-30	18	$448.4M	45	1MU 2DOORUSD 3TROX Top holdings2018-06-30 1.MU 2.DOORUSD 3.TROX 4.HTZ-WEUR 5.INSTEUR 6.WPXUSD 7.ARCH1EUR 8.P 9.LAUR 10.TG7
2018-03-31	15	$402.1M	39	1DOORUSD 2TROX 3INSTEUR Top holdings2018-03-31 1.DOORUSD 2.TROX 3.INSTEUR 4.WPXUSD 5.ARCH1EUR 6.TG7 7.LAUR 8.ALB 9.HTZ-WEUR 10.NRP
2017-12-31	15	$300.9M	44	1DOORUSD 2ARCH1EUR 3TROX Top holdings2017-12-31 1.DOORUSD 2.ARCH1EUR 3.TROX 4.PEGIEUR 5.WPXUSD 6.TG7 7.NRP 8.INSTEUR 9.09238E 10.FLT1EUR
2017-09-30	14	$285.9M	54	1DOORUSD 2TROX 3ARCH1EUR Top holdings2017-09-30 1.DOORUSD 2.TROX 3.ARCH1EUR 4.PEGIEUR 5.WPXUSD 6.TG7 7.PYPL 8.09238E 9.INSTEUR 10.NRP
2017-06-30	21	$324.8M	66	1AA 2DOORUSD 3TROX Top holdings2017-06-30 1.AA 2.DOORUSD 3.TROX 4.ARCH1EUR 5.PEGIEUR 6.TG7 7.PYPL 8.WDC 9.BCBEUR 10.09238E
2017-03-31	21	$487.2M	58	1WDC 2RHLD 3DOORUSD Top holdings2017-03-31 1.WDC 2.RHLD 3.DOORUSD 4.AA 5.NGVT 6.ARCH1EUR 7.TROX 8.PYPL 9.PEGIEUR 10.NRP
2016-12-31	20	$297.1M	69	1RHLD 2WDC 3ARCH1EUR Top holdings2016-12-31 1.RHLD 2.WDC 3.ARCH1EUR 4.NGVT 5.DOORUSD 6.WPXUSD 7.PEGIEUR 8.BCBEUR 9.09238E 10.PYPL
2016-09-30	23	$264.2M	70	1WPXUSD 2WRKUSD 3WDC Top holdings2016-09-30 1.WPXUSD 2.WRKUSD 3.WDC 4.DOORUSD 5.PEGIEUR 6.RHLD 7.CC 8.PYPL 9.NGVT 10.09238E
2016-06-30	20	$212.7M	30	1WPXUSD 2BERYEUR 3DOORUSD Top holdings2016-06-30 1.WPXUSD 2.BERYEUR 3.DOORUSD 4.WRKUSD 5.MIKUSD 6.BCBEUR 7.PEGIEUR 8.ATSG* 9.NWL 10.STAYUSD
2016-03-31	18	$177.6M	49	1DOORUSD 2BERYEUR 3BCBEUR Top holdings2016-03-31 1.DOORUSD 2.BERYEUR 3.BCBEUR 4.WRKUSD 5.ATSG* 6.MIKUSD 7.WPXUSD 8.NWL 9.PEGIEUR 10.STAYUSD
2015-12-31	17	$137.5M	0	1DOORUSD 2BCBEUR 3WRKUSD Top holdings2015-12-31 1.DOORUSD 2.BCBEUR 3.WRKUSD 4.BERYEUR 5.ATSG* 6.STAYUSD 7.MIKUSD 8.SAVEEUR 9.WLB1EUR 10.CRZOEUR

Holding changes this quarter

Maple Rock Capital Partners Inc.'s most significant position changes for 2026-03-31: New buy: Tfi International INC (TFII); Sold out: Sealed Air CORP (SDA); Sold out: Barrick Mining CORP (B); Sold out: Teck Resources Ltd-cls B (TECK); New buy: Xpo INC (XPO).

Position changes disclosed by Maple Rock Capital Partners Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	UNH	Unitedhealth Group INC	+1.3%	+291.64%	Add
2	JD	Jd.com Inc-adr	+1.1%	+57.60%	Add
3	LPX	Louisiana-pacific CORP	+1.1%	+88.93%	Add
4	ARCB	Arcbest CORP	+0.9%	+181.28%	Add
5	LKQ	Lkq CORP	+0.9%	+97.27%	Add
6	STX	Seagate Technology Holdings plc	+0.8%	-19.80%	Trim
7	THO	Thor Industries INC	+0.6%	+170.47%	Add
8	BKD	Brookdale Senior Living INC	+0.6%	-4.00%	Trim
9	HUM	Humana INC	+0.5%	+99.65%	Add
10	AAP	Advance Auto Parts INC	+0.5%	-4.00%	Trim
11	CVS	Cvs Health CORP	+0.3%	+28.38%	Add
12	RKT	Rocket Cos Inc-class A	+0.3%	+72.20%	Add
13	CLF	Cleveland-cliffs INC	+0.3%	+67.87%	Add
14	ASTL	Algoma Steel Group INC	+0.2%	+10.39%	Add
15	GT	Goodyear Tire & Rubber Co	+0.1%	+46.43%	Add
16	NGVT	Ingevity CORP	+0.1%	-10.58%	Trim
17	WHR	Whirlpool CORP	+0.1%	+46.83%	Add
18	BTI	British American Tob-sp Adr	-0.1%	-4.00%	Trim
19	TPB	Turning Point Brands INC	-0.2%	+9.19%	Add
20	EQX	Equinox Gold CORP	-0.3%	-4.00%	Trim
21	WERN	Werner Enterprises INC	-0.3%	-30.26%	Trim
22	SNDK	Sandisk CORP	-0.4%	-65.90%	Trim
23	MOH	Molina Healthcare INC	-0.6%	-24.98%	Trim
24	CNC	Centene CORP	-0.7%	-35.07%	Trim
25	LYFT	Lyft Inc-a	-1%	-4.00%	Trim
26	WDC	Western Digital CORP	-1.2%	-41.20%	Trim
27	LVS	Las Vegas Sands CORP	-1.8%	-52.00%	Trim
28	RUN	Sunrun INC	-1.9%	-43.60%	Trim
29	AA	Alcoa CORP	-3.8%	-72.32%	Trim
30	HCC	Warrior Met Coal INC	-4.3%	-91.26%	Trim
31	TFII	Tfi International INC	—	NEW	New buy
32	SDA	Sealed Air CORP	—	EXIT	Sold out
33	B	Barrick Mining CORP	—	EXIT	Sold out
34	TECK	Teck Resources Ltd-cls B	—	EXIT	Sold out
35	XPO	Xpo INC	—	NEW	New buy
36	WAB	Wabtec CORP	—	NEW	New buy
37	ASO	Academy Sports & Outdoors In	—	NEW	New buy
38	ICLR	ICON Public Limited Company	—	NEW	New buy
39	BTG	B2gold CORP	—	NEW	New buy
40	WGO	Winnebago Industries	—	NEW	New buy
41	RYAM	Rayonier Advanced Materials	—	NEW	New buy
42	PDD	Pdd Holdings INC	—	EXIT	Sold out
43	PAGS	PagSeguro Digital Ltd.	—	EXIT	Sold out
44	KNX	Knight-swift Transportation	—	NEW	New buy
45	NUE	Nucor CORP	—	NEW	New buy
46	FBIN	Fortune Brands Innovations I	—	NEW	New buy
47	ELV	Elevance Health INC	—	NEW	New buy
48	JBS	Jbs N.v.	—	EXIT	Sold out
49	CAR	Avis Budget Group INC	—	NEW	New buy
50	UWMC	Uwm Holdings CORP	—	EXIT	Sold out

FAQ

What is Maple Rock Capital Partners Inc. and what type of investor is it?

Maple Rock Capital Partners Inc. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $3.1B, spread across 44 disclosed positions.

What are Maple Rock Capital Partners Inc.'s largest equity positions?

Based on the latest 13F filing, Maple Rock Capital Partners Inc.'s top holdings by market value are: 1. Western Digital CORP (WDC) — $378.8M (12.3%) 2. Equinox Gold CORP (EQX) — $280.8M (9.1%) 3. Seagate Technology Holdings plc (STX) — $209.2M (6.8%) 4. Cleveland-cliffs INC (CLF) — $175.3M (5.7%) 5. Tfi International INC (TFII) — $147.9M (4.8%)

What changes did Maple Rock Capital Partners Inc. make in its most recent portfolio filing?

In the latest reported quarter, Maple Rock Capital Partners Inc. made 50 notable position adjustments: 13 new positions were initiated, 14 existing holdings were added to, 16 positions were partially reduced, and 7 were completely exited. The largest of these moves: New buy: Tfi International INC (TFII); Sold out: Sealed Air CORP (SDA); Sold out: Barrick Mining CORP (B); Sold out: Teck Resources Ltd-cls B (TECK); New buy: Xpo INC (XPO)

What sectors does Maple Rock Capital Partners Inc. focus on?

Maple Rock Capital Partners Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 37.0% • Consumer Discretionary: 19.2% • Health Care: 13.7% • Materials: 12.6% • Industrials: 11.1% • Consumer Staples: 4.3%

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Maple Rock Capital Partners Inc. 13F Filings Tracker & Analysis

Momentum followerDiversified strategyQuality / disciplined sizing

Total reported value

$3.1B

Reporting period: 2026-03-31 · Number of holdings: 44

Maple Rock Capital Partners Inc. disclosed 44 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $3.1B and a quarterly turnover rate of 54.8%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "M"

Personality snowflake

Concentration: 18.38
Portfolio Stability: 54.78
Momentum/Contrarian: 100
Sector conviction: 66.85
Diversification: 88
Sizing Uniformity: 89.77

Recent moves

Trim HCC
-91.3%　-$131.0M
Trim AA
-72.3%　-$113.5M
Trim RUN
-43.6%　-$57.2M
Trim LVS
-52.0%　-$54.2M
Add UNH
+291.6%　$40.1M
Trim WDC
-41.2%　-$31.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	WDC	Western Digital CORP	Stock-Tech	12.32%	-1.23%	-41.20%
2	EQX	Equinox Gold CORP	Stock-Other	9.14%	-0.25%	-4.00%
3	STX	Seagate Technology Holdings plc	Stock-Tech	6.81%	+0.75%	-19.80%
4	CLF	Cleveland-cliffs INC	Stock-Materials	5.70%	+0.28%	+67.87%
5	TFII	Tfi International INC	Stock-Other	4.81%	+4.81%	NEW
6	BKD	Brookdale Senior Living INC	Stock-Other	3.63%	+0.60%	-4.00%
7	SNDK	Sandisk CORP	Stock-Tech	3.44%	-0.39%	-65.90%
8	BTI	British American Tob-sp Adr	Stock-Consumer Staples	3.02%	-0.08%	-4.00%
9	JD	Jd.com Inc-adr	Stock-Consumer Disc	2.91%	+1.09%	+57.60%
10	LPX	Louisiana-pacific CORP	Stock-Industrials	2.63%	+1.06%	+88.93%
11	CVS	Cvs Health CORP	Stock-Healthcare	2.45%	+0.31%	+28.38%
12	MT	Arcelormittal-ny Registered	Stock-Other	2.39%	—	-13.27%
13	AAP	Advance Auto Parts INC	Stock-Consumer Disc	2.23%	+0.47%	-4.00%
14	ASTL	Algoma Steel Group INC	Stock-Other	2.14%	+0.19%	+10.39%
15	XPO	Xpo INC	Stock-Industrials	2.03%	+2.03%	NEW
16	LKQ	Lkq CORP	Stock-Consumer Disc	1.97%	+0.93%	+97.27%
17	AA	Alcoa CORP	Stock-Materials	1.95%	-3.78%	-72.32%
18	HUM	Humana INC	Stock-Healthcare	1.95%	+0.49%	+99.65%
19	UNH	Unitedhealth Group INC	Stock-Healthcare	1.90%	+1.30%	+291.64%
20	LYFT	Lyft Inc-a	Stock-Tech	1.78%	-0.97%	-4.00%
21	WAB	Wabtec CORP	Stock-Industrials	1.75%	+1.75%	NEW
22	ASO	Academy Sports & Outdoors In	Stock-Consumer Disc	1.54%	+1.54%	NEW
23	RKT	Rocket Cos Inc-class A	Stock-Financials	1.45%	+0.29%	+72.20%
24	NGVT	Ingevity CORP	Stock-Other	1.40%	+0.08%	-10.58%
25	RUN	Sunrun INC	Stock-Tech	1.32%	-1.92%	-43.60%
26	ARCB	Arcbest CORP	Stock-Other	1.29%	+0.94%	+181.28%
27	GT	Goodyear Tire & Rubber Co	Stock-Consumer Disc	1.25%	+0.10%	+46.43%
28	TPB	Turning Point Brands INC	Stock-Other	1.23%	-0.20%	+9.19%
29	ICLR	ICON Public Limited Company	Stock-Healthcare	1.21%	+1.21%	NEW
30	BTG	B2gold CORP	Stock-Other	1.20%	+1.20%	NEW
31	THO	Thor Industries INC	Stock-Consumer Disc	1.20%	+0.62%	+170.47%
32	WGO	Winnebago Industries	Stock-Other	1.18%	+1.18%	NEW
33	RYAM	Rayonier Advanced Materials	Stock-Other	1.17%	+1.17%	NEW
34	LVS	Las Vegas Sands CORP	Stock-Consumer Disc	1.16%	-1.81%	-52.00%
35	WHR	Whirlpool CORP	Stock-Consumer Disc	1.04%	+0.08%	+46.83%
36	MOH	Molina Healthcare INC	Stock-Healthcare	0.74%	-0.56%	-24.98%
37	CNC	Centene CORP	Stock-Healthcare	0.70%	-0.67%	-35.07%
38	KNX	Knight-swift Transportation	Stock-Industrials	0.69%	+0.69%	NEW
39	NUE	Nucor CORP	Stock-Materials	0.64%	+0.64%	NEW
40	FBIN	Fortune Brands Innovations I	Stock-Industrials	0.62%	+0.62%	NEW
41	ELV	Elevance Health INC	Stock-Healthcare	0.59%	+0.59%	NEW
42	WERN	Werner Enterprises INC	Stock-Other	0.53%	-0.26%	-30.26%
43	CAR	Avis Budget Group INC	Stock-Other	0.44%	+0.44%	NEW
44	HCC	Warrior Met Coal INC	Stock-Materials	0.43%	-4.34%	-91.26%

Portfolio Performance

Performance for Q3 2026

+1.7%

Performance Last 4 Quarters

+73.3%

Based on 76% of reported portfolio value with available pricing

Stdev: +23.9%
Beta: +1.37
Alpha: +4.7%
Max Drawdown: -10%
Annualized Perf: +31%
Batting Avg vs S&P: +55.6%
Sortino: +2.6
Stutzer: +0.37
Treynor: +0.22
Sterling: +1.61
Calmar: +3.1
Information Ratio: +0.69
Tracking Error: +16.6%
Stdev Down: +11.5%
Winning Months %: +58.3%
Losing Months %: +41.7%
Best 12 Months: +117.7%
Worst 12 Months: -1.4%
Efficiency Ratio: +0.57
Sharpe: +1.25
Stdev Sectors: +10.7%
Skewness: +0.16
Kurtosis: -0.75
Upside Potential: +4.49

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	44	$3.1B	55	1WDC 2EQX 3STX Top holdings2026-03-31 1.WDC 2.EQX 3.STX 4.CLF 5.TFII 6.BKD 7.SNDK 8.BTI 9.JD 10.LPX
2025-12-31	38	$3.0B	59	1WDC 2EQX 3STX Top holdings2025-12-31 1.WDC 2.EQX 3.STX 4.AA 5.CLF 6.HCC 7.SNDK 8.RUN 9.BTI 10.BKD
2025-09-30	41	$2.5B	100	1WDC 2EQX 3STX Top holdings2025-09-30 1.WDC 2.EQX 3.STX 4.RUN 5.INTC 6.TFII 7.HCC 8.TECK 9.SNDK 10.CLF
2025-06-30	40	$2.0B	0	1WDC 2STX 3TFII Top holdings2025-06-30 1.WDC 2.STX 3.TFII 4.EQX 5.PDD 6.TLN 7.CAR 8.LYFT 9.RUN 10.CLF
2025-03-31	41	$2.7B	100	1QQQ 2SPY 3NVDA Top holdings2025-03-31 1.QQQ 2.SPY 3.NVDA 4.TSLA 5.WDC 6.LNG 7.TFII 8.INTC 9.BABA 10.TLN
2024-12-31	36	$3.3B	0	1SPY 2QQQ 3GLD Top holdings2024-12-31 1.SPY 2.QQQ 3.GLD 4.WDC 5.TLN 6.VST 7.TEVA 8.ALB 9.LYFT 10.TFII
2024-09-30	33	$3.5B	0	1SPY 2GLD 3WDC Top holdings2024-09-30 1.SPY 2.GLD 3.WDC 4.VST 5.JD 6.TLN 7.BABA 8.ALB 9.HCC 10.TEVA
2024-06-30	34	$3.0B	0	1QQQ 2SPY 3WDC Top holdings2024-06-30 1.QQQ 2.SPY 3.WDC 4.IWM 5.S9Q 6.VST 7.ARCH1USD 8.NFE 9.JD 10.BABA
2024-03-31	31	$1.8B	0	1WDC 2S9Q 3TSLA Top holdings2024-03-31 1.WDC 2.S9Q 3.TSLA 4.VST 5.JD 6.ARCH1USD 7.BABA 8.BLCO 9.TEVA 10.LVS
2023-12-31	33	$1.8B	0	1WDC 2LYFT 3JD Top holdings2023-12-31 1.WDC 2.LYFT 3.JD 4.S9Q 5.ARCH1USD 6.RS 7.RNG 8.BABA 9.BLCO 10.LVS
2023-09-30	26	$1.1B	0	1NFLX 2WDC 3TSLA Top holdings2023-09-30 1.NFLX 2.WDC 3.TSLA 4.ARCH1USD 5.KOS 6.SU 7.BLCO 8.LYFT 9.LVS 10.S9Q
2023-06-30	22	$1.2B	0	1TSLA 2NFLX 3S9Q Top holdings2023-06-30 1.TSLA 2.NFLX 3.S9Q 4.WDC 5.SU 6.BABA 7.KOS 8.BLCO 9.LVS 10.JD
2023-03-31	31	$1.1B	0	1S9Q 2KOS 3ADM Top holdings2023-03-31 1.S9Q 2.KOS 3.ADM 4.WDC 5.BABA 6.SU 7.WB 8.ASTL 9.ARCH1USD 10.BLCO
2022-12-31	32	$2.5B	0	1GLD 2SPY 3CAT Top holdings2022-12-31 1.GLD 2.SPY 3.CAT 4.DE 5.HYG 6.ARCH1USD 7.NFLX 8.KOS 9.WDC 10.SU
2022-09-30	36	$2.1B	0	1XLE 2TSLA 3AAPL Top holdings2022-09-30 1.XLE 2.TSLA 3.AAPL 4.FCX 5.OVV 6.LYFT 7.ARKW 8.LNG 9.TRIP 10.WDC
2022-06-30	30	$1.7B	0	1GLD 2PYPL 3META Top holdings2022-06-30 1.GLD 2.PYPL 3.META 4.NFLX 5.ARCH1USD 6.VST 7.S9Q 8.TRIP 9.NGVT 10.WDC
2022-03-31	26	$1.9B	0	1XLE 2QQQ 3DAL Top holdings2022-03-31 1.XLE 2.QQQ 3.DAL 4.ARCH1USD 5.S9Q 6.ASTL 7.OVV 8.KOS 9.TG7 10.TWTRUSD
2021-12-31	25	$936.4M	0	1FCX 2ARCH1USD 3GPN Top holdings2021-12-31 1.FCX 2.ARCH1USD 3.GPN 4.S9Q 5.NGVT 6.OVV 7.WDC 8.TG7 9.TROX 10.ASTL
2021-09-30	22	$713.9M	0	1OVV 2ARCH1USD 38LP1 Top holdings2021-09-30 1.OVV 2.ARCH1USD 3.8LP1 4.S9Q 5.TROX 6.NGVT 7.TG7 8.AA 9.WDC 10.TFII
2021-06-30	20	$665.3M	62	1OVV 2WDC 3TROX Top holdings2021-06-30 1.OVV 2.WDC 3.TROX 4.NGVT 5.S9Q 6.TG7 7.ARCH1USD 8.SM 9.8LP1 10.EXE
2021-03-31	22	$689.2M	75	1SM 2WDC 3TROX Top holdings2021-03-31 1.SM 2.WDC 3.TROX 4.S9Q 5.TG7 6.NGVT 7.OVV 8.AAWWUSD 9.MT 10.EXE
2020-12-31	27	$689.4M	89	1WDC 2SM 3TROX Top holdings2020-12-31 1.WDC 2.SM 3.TROX 4.ARMK 5.NGVT 6.OVV 7.TG7 8.S9Q 9.AAWWUSD 10.H
2020-09-30	25	$547.3M	85	1WFC 2WDC 3ARMK Top holdings2020-09-30 1.WFC 2.WDC 3.ARMK 4.TECK 5.NGVT 6.ARCH1USD 7.AAWWUSD 8.VNO 9.GEN 10.TROX
2020-06-30	25	$499.7M	100	1OXY 2NGVT 3WFC Top holdings2020-06-30 1.OXY 2.NGVT 3.WFC 4.S9Q 5.AAWWUSD 6.GEN 7.CVE 8.TDG 9.USX1 10.TROX
2020-03-31	25	$389.9M	100	1XOM 2LAUR 3NGVT Top holdings2020-03-31 1.XOM 2.LAUR 3.NGVT 4.GDXJ 5.GEN 6.S9Q 7.TROX 8.TG7 9.ARCH1EUR 10.TLND
2019-12-31	21	$657.0M	52	1WDC 2FMC 3LAUR Top holdings2019-12-31 1.WDC 2.FMC 3.LAUR 4.TG7 5.GEN 6.SBSW 7.TLND 8.ARCH1EUR 9.S9Q 10.WPXUSD
2019-09-30	18	$746.0M	32	1WDC 2TG7 3FMC Top holdings2019-09-30 1.WDC 2.TG7 3.FMC 4.GDX 5.LAUR 6.TROX 7.TLND 8.WPXUSD 9.CAR 10.SYMCEUR
2019-06-30	15	$604.3M	77	1WDC 2TG7 3FMC Top holdings2019-06-30 1.WDC 2.TG7 3.FMC 4.TROX 5.GDX 6.LAUR 7.ARCH1EUR 8.TLND 9.CAR 10.WPXUSD
2019-03-31	13	$340.7M	59	1TROX 2FMC 3LAUR Top holdings2019-03-31 1.TROX 2.FMC 3.LAUR 4.TG7 5.TLND 6.ARCH1EUR 7.WPXUSD 8.LEN 9.DOORUSD 10.CAR
2018-12-31	11	$282.5M	54	1FMC 2LAUR 3ARCH1EUR Top holdings2018-12-31 1.FMC 2.LAUR 3.ARCH1EUR 4.DOORUSD 5.TROX 6.TG7 7.WPXUSD 8.TLND 9.HTZ-WEUR 10.SONO
2018-09-30	17	$425.5M	56	1FMC 2DOORUSD 3WPXUSD Top holdings2018-09-30 1.FMC 2.DOORUSD 3.WPXUSD 4.ARCH1EUR 5.TG7 6.TROX 7.LAUR 8.ALB 9.HTZ-WEUR 10.P
2018-06-30	18	$448.4M	45	1MU 2DOORUSD 3TROX Top holdings2018-06-30 1.MU 2.DOORUSD 3.TROX 4.HTZ-WEUR 5.INSTEUR 6.WPXUSD 7.ARCH1EUR 8.P 9.LAUR 10.TG7
2018-03-31	15	$402.1M	39	1DOORUSD 2TROX 3INSTEUR Top holdings2018-03-31 1.DOORUSD 2.TROX 3.INSTEUR 4.WPXUSD 5.ARCH1EUR 6.TG7 7.LAUR 8.ALB 9.HTZ-WEUR 10.NRP
2017-12-31	15	$300.9M	44	1DOORUSD 2ARCH1EUR 3TROX Top holdings2017-12-31 1.DOORUSD 2.ARCH1EUR 3.TROX 4.PEGIEUR 5.WPXUSD 6.TG7 7.NRP 8.INSTEUR 9.09238E 10.FLT1EUR
2017-09-30	14	$285.9M	54	1DOORUSD 2TROX 3ARCH1EUR Top holdings2017-09-30 1.DOORUSD 2.TROX 3.ARCH1EUR 4.PEGIEUR 5.WPXUSD 6.TG7 7.PYPL 8.09238E 9.INSTEUR 10.NRP
2017-06-30	21	$324.8M	66	1AA 2DOORUSD 3TROX Top holdings2017-06-30 1.AA 2.DOORUSD 3.TROX 4.ARCH1EUR 5.PEGIEUR 6.TG7 7.PYPL 8.WDC 9.BCBEUR 10.09238E
2017-03-31	21	$487.2M	58	1WDC 2RHLD 3DOORUSD Top holdings2017-03-31 1.WDC 2.RHLD 3.DOORUSD 4.AA 5.NGVT 6.ARCH1EUR 7.TROX 8.PYPL 9.PEGIEUR 10.NRP
2016-12-31	20	$297.1M	69	1RHLD 2WDC 3ARCH1EUR Top holdings2016-12-31 1.RHLD 2.WDC 3.ARCH1EUR 4.NGVT 5.DOORUSD 6.WPXUSD 7.PEGIEUR 8.BCBEUR 9.09238E 10.PYPL
2016-09-30	23	$264.2M	70	1WPXUSD 2WRKUSD 3WDC Top holdings2016-09-30 1.WPXUSD 2.WRKUSD 3.WDC 4.DOORUSD 5.PEGIEUR 6.RHLD 7.CC 8.PYPL 9.NGVT 10.09238E
2016-06-30	20	$212.7M	30	1WPXUSD 2BERYEUR 3DOORUSD Top holdings2016-06-30 1.WPXUSD 2.BERYEUR 3.DOORUSD 4.WRKUSD 5.MIKUSD 6.BCBEUR 7.PEGIEUR 8.ATSG* 9.NWL 10.STAYUSD
2016-03-31	18	$177.6M	49	1DOORUSD 2BERYEUR 3BCBEUR Top holdings2016-03-31 1.DOORUSD 2.BERYEUR 3.BCBEUR 4.WRKUSD 5.ATSG* 6.MIKUSD 7.WPXUSD 8.NWL 9.PEGIEUR 10.STAYUSD
2015-12-31	17	$137.5M	0	1DOORUSD 2BCBEUR 3WRKUSD Top holdings2015-12-31 1.DOORUSD 2.BCBEUR 3.WRKUSD 4.BERYEUR 5.ATSG* 6.STAYUSD 7.MIKUSD 8.SAVEEUR 9.WLB1EUR 10.CRZOEUR

Holding changes this quarter

Position changes disclosed by Maple Rock Capital Partners Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	UNH	Unitedhealth Group INC	+1.3%	+291.64%	Add
2	JD	Jd.com Inc-adr	+1.1%	+57.60%	Add
3	LPX	Louisiana-pacific CORP	+1.1%	+88.93%	Add
4	ARCB	Arcbest CORP	+0.9%	+181.28%	Add
5	LKQ	Lkq CORP	+0.9%	+97.27%	Add
6	STX	Seagate Technology Holdings plc	+0.8%	-19.80%	Trim
7	THO	Thor Industries INC	+0.6%	+170.47%	Add
8	BKD	Brookdale Senior Living INC	+0.6%	-4.00%	Trim
9	HUM	Humana INC	+0.5%	+99.65%	Add
10	AAP	Advance Auto Parts INC	+0.5%	-4.00%	Trim
11	CVS	Cvs Health CORP	+0.3%	+28.38%	Add
12	RKT	Rocket Cos Inc-class A	+0.3%	+72.20%	Add
13	CLF	Cleveland-cliffs INC	+0.3%	+67.87%	Add
14	ASTL	Algoma Steel Group INC	+0.2%	+10.39%	Add
15	GT	Goodyear Tire & Rubber Co	+0.1%	+46.43%	Add
16	NGVT	Ingevity CORP	+0.1%	-10.58%	Trim
17	WHR	Whirlpool CORP	+0.1%	+46.83%	Add
18	BTI	British American Tob-sp Adr	-0.1%	-4.00%	Trim
19	TPB	Turning Point Brands INC	-0.2%	+9.19%	Add
20	EQX	Equinox Gold CORP	-0.3%	-4.00%	Trim
21	WERN	Werner Enterprises INC	-0.3%	-30.26%	Trim
22	SNDK	Sandisk CORP	-0.4%	-65.90%	Trim
23	MOH	Molina Healthcare INC	-0.6%	-24.98%	Trim
24	CNC	Centene CORP	-0.7%	-35.07%	Trim
25	LYFT	Lyft Inc-a	-1%	-4.00%	Trim
26	WDC	Western Digital CORP	-1.2%	-41.20%	Trim
27	LVS	Las Vegas Sands CORP	-1.8%	-52.00%	Trim
28	RUN	Sunrun INC	-1.9%	-43.60%	Trim
29	AA	Alcoa CORP	-3.8%	-72.32%	Trim
30	HCC	Warrior Met Coal INC	-4.3%	-91.26%	Trim
31	TFII	Tfi International INC	—	NEW	New buy
32	SDA	Sealed Air CORP	—	EXIT	Sold out
33	B	Barrick Mining CORP	—	EXIT	Sold out
34	TECK	Teck Resources Ltd-cls B	—	EXIT	Sold out
35	XPO	Xpo INC	—	NEW	New buy
36	WAB	Wabtec CORP	—	NEW	New buy
37	ASO	Academy Sports & Outdoors In	—	NEW	New buy
38	ICLR	ICON Public Limited Company	—	NEW	New buy
39	BTG	B2gold CORP	—	NEW	New buy
40	WGO	Winnebago Industries	—	NEW	New buy
41	RYAM	Rayonier Advanced Materials	—	NEW	New buy
42	PDD	Pdd Holdings INC	—	EXIT	Sold out
43	PAGS	PagSeguro Digital Ltd.	—	EXIT	Sold out
44	KNX	Knight-swift Transportation	—	NEW	New buy
45	NUE	Nucor CORP	—	NEW	New buy
46	FBIN	Fortune Brands Innovations I	—	NEW	New buy
47	ELV	Elevance Health INC	—	NEW	New buy
48	JBS	Jbs N.v.	—	EXIT	Sold out
49	CAR	Avis Budget Group INC	—	NEW	New buy
50	UWMC	Uwm Holdings CORP	—	EXIT	Sold out