1y return+2.3%S&P 500 +20.9%
3y return+5.6%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $105 against $195 in the S&P 500.2
HGC Investment Management Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Artius II Acquisition Inc-aCUSIP G0509J115 | $15.7M | 3.1% | |
| Aldabra 4 Liquidity OpportunCUSIP G01900201 | $14.8M | 2.9% | +1.7% |
| Siddhi Acquisition Corp-aCUSIP G8118C124 | $13.0M | 2.6% | |
| Qdro Acquisition CorpCUSIP G7310E128 | $12.9M | 2.6% | +7.7% |
| Ch4 Natural Solutions CorpCUSIP G2104X127 | $12.5M | 2.5% | New |
| Berto Acquisition Corp IICUSIP G1051M126 | $10.8M | 2.1% | New |
| General Catalyst Global ResiCUSIP G3793T112 | $10.3M | 2.0% | New |
| Krakacquisition CorpCUSIP G5315G122 | $10.1M | 2.0% | |
| Futurecorp Space AcquisitionCUSIP G37307124 | $10.1M | 2.0% | New |
| Interprivate Investment PartCUSIP G49097127 | $9.9M | 2.0% | New |
| Soulpower Acquisition Co-aCUSIP G82745103 | $9.9M | 1.9% | |
| Oxley Bridge Acquisition LtdCUSIP G6858G123 | $9.8M | 1.9% | |
| Gores Holdings Xi IncCUSIP G40008123 | $9.6M | 1.9% | New |
| Cantor Equity Partners Vii-aCUSIP G1828W100 | $9.4M | 1.9% | New |
| Pyrophyte Acquisition Corp-aCUSIP G7309T102 | $8.7M | 1.7% | |
| Wilco 63 Corp-unitCUSIP G9640P120 | $8.5M | 1.7% | New |
| Idea Acquisition CorpCUSIP G4727U126 | $8.1M | 1.6% | +1.2% |
| Keystone Acquisition Corp/caCUSIP G52539114 | $8.0M | 1.6% | New |
| American Drive Acquisit-cl ACUSIP G0R91M105 | $7.9M | 1.6% | |
| Trg Latin America AcquisitioCUSIP G9037S125 | $7.7M | 1.5% | |
| Pioneer Acquisition I CorpCUSIP G7117W123 | $7.7M | 1.5% | |
| Ares Acquisition Corp IIICUSIP G3303U112 | $7.5M | 1.5% | New |
| Snow Rothschild AcquisitionCUSIP G8251A125 | $7.5M | 1.5% | New |
| Launchpad Cadenza Acqui-cl ACUSIP G6001S107 | $7.2M | 1.4% | New |
| Eqv Ventures Acquisition CorCUSIP G3106Q110 | $7.2M | 1.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Artius II Acquisition Inc-aCUSIP G0509J115 | September 30, 2025 | +3.5% | $15.7M |
| Figx Capital Acquisition CorCUSIP G3473K126 | June 30, 2025 | +3.2% | $5.2M |
| Pioneer Acquisition I CorpCUSIP G7117W123 | June 30, 2025 | +3.1% | $7.7M |
| Oxley Bridge Acquisition LtdCUSIP G6858G123 | June 30, 2025 | +2.8% | $9.8M |
| Sizzle Acquisition Corp-cl ACUSIP G8193F109 | September 30, 2025 | +2.8% | $6.7M |
| Eqv Ventures Acquisition CorCUSIP G3106Q110 | September 30, 2025 | +2.7% | $7.2M |
| Soulpower Acquisition Co-aCUSIP G82745103 | September 30, 2025 | +2.6% | $9.9M |
| Siddhi Acquisition Corp-aCUSIP G8118C124 | September 30, 2025 | +2.5% | $13.0M |
| Cantor Equity Partners-cl ACUSIP G1828E100 | September 30, 2025 | +2.1% | $5.7M |
| Ithax Acquisition Corp IIICUSIP G4977S128 | December 31, 2025 | +1.9% | $5.6M |
Sold off last quarter
- Fifth Era Acquisition Corp ICUSIP G3415K127 was $12.1M
- Inflection Point AcquisitionCUSIP G4790S123 was $9.6M
- Launchpad Cadenza AcquisitioCUSIP G6001S123 was $7.2M
- Titan Acquisition CorpCUSIP G8901A129 was $5.8M
- K&f Growth Acquisition Cor-aCUSIP G52258111 was $5.7M
- IRHOUIron Horse Acquisition II Co was $5.2M
- Silver Pegasus Acquisition CCUSIP G8192J128 was $4.2M
- Harvard Ave Acquisition CorpCUSIP G4330A129 was $3.8M
- Crown Reserve Acquisiti-cl ACUSIP G2574F119 was $3.8M
- Axiom Intelligence-cl ACUSIP G0750N104 was $3.5M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +1.8% | +14.8% |
| March 31, 2026 | −0.1% | −4.6% |
| December 31, 2025 | +0.6% | +2.4% |
| September 30, 2025 | −0.0% | +7.8% |
| June 30, 2025 | +2.1% | +10.5% |
| March 31, 2025 | +1.6% | −4.6% |
| December 31, 2024 | +3.2% | +2.1% |
| September 30, 2024 | −0.6% | +5.4% |
| June 30, 2024 | −1.9% | +4.0% |
| March 31, 2024 | +1.6% | +10.0% |
| December 31, 2023 | −3.8% | +11.2% |
| September 30, 2023 | +1.2% | −3.6% |
| June 30, 2023 | −1.0% | +8.3% |
| March 31, 2023 | +0.3% | +7.0% |
| September 30, 2022 | +0.7% | −5.3% |
| June 30, 2022 | −0.2% | −16.5% |
| March 31, 2022 | −0.1% | −4.9% |
| December 31, 2021 | +0.4% | +10.7% |
| September 30, 2021 | −0.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: HGC Investment Management Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1711200&type=13F-HR&dateb=&owner=include&count=40CIK 1711200
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1711200/000171120026000003/Filed August 14, 2026 · accession 0001711200-26-000003