Q2 2026 13F · SEC CIK 1711200

HGC Investment Management Inc.

Asset managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $506.6M
Reported positions: 182
Top holdings a year, 3 yrs: +6.8%
Average holding period: 2 qtrs

HGC Investment Management Inc. is an asset manager that reported 182 positions worth $506.6M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Artius II Acquisition Inc (AACB, 3.1%), Aldabra 4 Liquidity Opportun (ALOVU, 2.9%), Siddhi Acquisition Corp (SDHI, 2.6%). A portfolio copying its top holdings returned 6.8% a year over the last 3 years, against 20.4% for the S&P 500.

HGC Investment Management Inc. holdings largest 50 of 182 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

HGC Investment Management Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AACBArtius II Acquisition Inc	3.1%	3.4%	1,500,000	+0.0%	$15.7M
ALOVUAldabra 4 Liquidity Opportun	2.9%	3.2%	1,468,965	+1.7%	$14.8M
SDHISiddhi Acquisition Corp	2.6%	2.9%	1,250,000	+0.0%	$13.0M
QADRUQdro Acquisition Corp	2.6%	2.6%	1,291,800	+7.7%	$12.9M
G2104X127Ch4 Natural Solutions Corp	2.5%	—	1,250,000	—	$12.5M
GUACUBerto Acquisition Corp II	2.1%	—	1,065,000	—	$10.8M
GCGRUGeneral Catalyst Gbl Resil M	2.0%	—	1,000,000	—	$10.3M
KRAQUKrakacquisition Corp	2.0%	2.2%	1,000,000	+0.0%	$10.1M
G37307124Futurecorp Space Acquisition	2.0%	—	1,000,000	—	$10.1M
IPVVUInterprivate Investment Part	2.0%	—	1,000,000	—	$9.9M
SOULSoulpower Acquisition Corp	1.9%	2.2%	953,146	+0.0%	$9.9M
OBAWUOxley Bridge Acquisition Ltd	1.9%	2.2%	950,000	+0.0%	$9.8M
GHXIUGores Holdings Xi Inc	1.9%	—	950,000	—	$9.6M
CAESCantor Equity Partners VII Inc	1.9%	—	935,000	—	$9.4M
PAIIPyrophyte Acquisition Corp-A	1.7%	1.9%	850,000	+0.0%	$8.7M
WLCOUWilco 63 Corp	1.7%	—	850,000	—	$8.5M
IACOUIdea Acquisition Corp	1.6%	1.8%	809,700	+1.2%	$8.1M
KEYYUKeystone Acquisition Corp/ca	1.6%	—	800,000	—	$8.0M
ADACAmerican Drive Acquisition C	1.6%	1.7%	786,413	+0.0%	$7.9M
TRGSUTrg Latin America Acquisitio	1.5%	1.7%	765,000	+0.0%	$7.7M
PACHUPioneer Acquisition I Corp	1.5%	1.7%	743,077	+0.0%	$7.7M
AAC-UNAres Acquisition Corp III	1.5%	—	750,000	—	$7.5M
ISNRUSnow Rothschild Acquisition	1.5%	—	750,000	—	$7.5M
LPCVLaunchpad Cadenza Acqu Corp	1.4%	—	725,000	—	$7.3M
G3106Q110Eqv Ventures Acquisition Cor	1.4%	1.6%	697,174	+0.0%	$7.2M
SZZLSizzle Acquisition Corp. II	1.3%	1.5%	650,539	+0.0%	$6.7M
RDAGRepublic Digital Acquisition	1.3%	1.5%	646,675	+0.0%	$6.7M
CGCFUCartesian Growth Corp IV	1.3%	—	650,000	—	$6.5M
MBVIUM3-Brigade Acquisition VI Corp	1.3%	1.4%	625,000	+0.0%	$6.4M
EAElectronic Arts Inc	1.2%	1.9%	30,316	-29.2%	$6.2M
HCMAHcm III Acquisition Corp	1.2%	1.3%	600,000	+0.0%	$6.2M
SBXE-UNSilverBox Corp V	1.2%	1.4%	899,986	+0.0%	$6.1M
CEPVCantor Equity Partners V Inc	1.2%	1.3%	583,153	+0.0%	$6.0M
FCRS-UNFuturecrest Acquisition Unt	1.1%	1.2%	550,000	+0.0%	$5.7M
MZYXMozayyx Acquisition Corp	1.1%	—	575,000	—	$5.7M
CEPFCantor Equity Partners IV in	1.1%	1.2%	550,000	+0.0%	$5.7M
WENNWen Acquisition Corp	1.1%	1.2%	550,000	+0.0%	$5.7M
ITHAUITHAX Acquisition Corp III	1.1%	1.2%	550,000	+0.0%	$5.6M
TVAIThayer Ventures Acq Corp II	1.1%	1.2%	525,000	+0.0%	$5.4M
FIGXUFigx Capital Acquisition Cor	1.0%	1.1%	500,000	+0.0%	$5.2M
KBONUKarbon Capital Partners Corp	1.0%	1.1%	500,000	+0.0%	$5.1M
OIMAUOneim Acquisition Corp	1.0%	1.1%	516,249	+3.2%	$5.1M
IDACUIron Dome Acquisition I Corp	1.0%	—	500,000	—	$5.0M
G63113123MOZAYYX Acquisition Corp unit	1.0%	1.1%	500,000	+0.0%	$5.0M
LTGRULong Table Growth Corp	1.0%	—	500,000	—	$5.0M
SHOTURmg Ml Sports Holdings	1.0%	—	500,000	—	$5.0M
GPATGp-Act III Acquisition-A	0.9%	—	399,387	—	$4.3M
G01336125Ai Infrastructure Acquisitio	0.8%	0.9%	400,000	+0.0%	$4.1M
CRANUCrane Harbor Acquisition Cor	0.8%	0.9%	400,000	+0.0%	$4.1M
BLZRUTrailblazer Acquisition Corp	0.8%	0.9%	400,000	+0.0%	$4.1M

What HGC Investment Management Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +3.0% /yr; S&P 500 +20.1%
3 years: +6.8% /yr; S&P 500 +20.4%
5 years: +4.5% /yr; S&P 500 +12.0%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$506.6M	182
Q1 2026	$451.4M	166
Q4 2025	$471.7M	160
Q3 2025	$410.5M	123
Q2 2025	$359.9M	100
Q1 2025	$280.9M	76
Q4 2024	$233.5M	68
Q3 2024	$242.8M	105
Q2 2024	$217.4M	103
Q1 2024	$280.2M	93
Q4 2023	$344.6M	98
Q3 2023	$305.7M	139

Questions about HGC Investment Management Inc.'s portfolio

What stocks does HGC Investment Management Inc. own?

HGC Investment Management Inc.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 182 positions worth $506.6M. The largest are Artius II Acquisition Inc (AACB) at 3.1%, Aldabra 4 Liquidity Opportun (ALOVU) at 2.9%, Siddhi Acquisition Corp (SDHI) at 2.6%, Qdro Acquisition Corp (QADRU) at 2.6% and Ch4 Natural Solutions Corp at 2.5%.

What did HGC Investment Management Inc. buy last quarter?

In Q2 2026, HGC Investment Management Inc. added Qdro Acquisition Corp (QADRU) (+7.7% shares), compared with its Q1 2026 filing.

What did HGC Investment Management Inc. sell last quarter?

In Q2 2026, HGC Investment Management Inc. cut from its top 50 Drugs Made in Amer Acq II Co (DMII), cut from its top 50 Fifth Era Acquisition Corp I (FERAU), cut from its top 50 Inflection Pt Acquisit Corp (IPFXU), cut from its top 50 Launchpad Cadenza Acquisition (LPCVU), cut from its top 50 Titan Acquisition Corp (TACHU) and Electronic Arts Inc (EA) (-29.2% shares), compared with its Q1 2026 filing.

How has HGC Investment Management Inc.'s portfolio performed?

A portfolio copying HGC Investment Management Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +6.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +3.0% against +20.1%. Over 5 years: +4.5% a year against +12.0%.

When is HGC Investment Management Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. HGC Investment Management Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.