Filed: 11/14/2025ACC: 0001711200-25-000005
📋 What this filing means
HGC INVESTMENT MANAGEMENT INC. filed this quarterly 13F‑HR report disclosing 124 equity positions with a total reported market value of $410.52M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
124
Positions
$410.52M
Total AUM (reported)
50.78M
Total Shares
Allocation by class
UNIT 99/99/9999$63.63M15.5%
SHS CL A$56.72M13.8%
USD CL A ORD SHS$32.58M7.9%
ORD SHS CL A$23.34M5.7%
CL A SHS$17.28M4.2%
COM SHS CL A$16.35M4.0%
CL A$15.64M3.8%
Portfolio Concentration
Top 3$46.90M11.4%
4–10$89.84M21.9%
11–25$116.00M28.3%
Rest$157.78M38.4%
Top 3 weight
11.4%
Top 10 weight
33.3%
Voting Authority Distribution
Total shares with voting rights: 50.78M
Sole
Full voting authority
50.78M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole124
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings124
Rows:
JACKSON ACQUISITION CO-CL A
SOLEShares1.58M
TypeSH
Market value$16.35M
3.98%
Sole
1.58M
Shared
0.00
None
0.00
CENTURION ACQUISITION CORP
SOLEShares1.45M
TypeSH
Market value$15.30M
3.73%
Sole
1.45M
Shared
0.00
None
0.00
ARTIUS II ACQUISITION INC-A
SOLEShares1.50M
TypeSH
Market value$15.26M
3.72%
Sole
1.50M
Shared
0.00
None
0.00
GP-ACT III ACQUISITION-A
SOLEShares1.38M
TypeSH
Market value$14.57M
3.55%
Sole
1.38M
Shared
0.00
None
0.00
SOULPOWER ACQUISITION CO-A
SOLEShares1.30M
TypeSH
Market value$13.15M
3.20%
Sole
1.30M
Shared
0.00
None
0.00
CANTOR EQUITY PARTNERS-CL A
SOLEShares1.25M
TypeSH
Market value$12.73M
3.10%
Sole
1.25M
Shared
0.00
None
0.00
SIDDHI ACQUISITION CORP-A
SOLEShares1.25M
TypeSH
Market value$12.69M
3.09%
Sole
1.25M
Shared
0.00
None
0.00
AA MISSION ACQUISITION COR-A
SOLEShares1.21M
TypeSH
Market value$12.68M
3.09%
Sole
1.21M
Shared
0.00
None
0.00
FIFTH ERA ACQUISITION CORP I
SOLEShares1.15M
TypeSH
Market value$12.08M
2.94%
Sole
1.15M
Shared
0.00
None
0.00
DRUGS MADE IN AMERICA ACQUIS
SOLEShares1.20M
TypeSH
Market value$11.93M
2.91%
Sole
1.20M
Shared
0.00
None
0.00
OXLEY BRIDGE ACQUISITION LTD
SOLEShares950K
TypeSH
Market value$9.54M
2.32%
Sole
950K
Shared
0.00
None
0.00
PYROPHYTE ACQUISITION CORP I
SOLEShares850K
TypeSH
Market value$8.61M
2.10%
Sole
850K
Shared
0.00
None
0.00
M3-BRIGADE ACQUISITION VI CO
SOLEShares850K
TypeSH
Market value$8.60M
2.10%
Sole
850K
Shared
0.00
None
0.00
CARTESIAN GROWTH CORP III
SOLEShares800K
TypeSH
Market value$8.14M
1.98%
Sole
800K
Shared
0.00
None
0.00
VERONA PHARMA PLC - ADR
SOLEShares73.89K
TypeSH
Market value$7.88M
1.92%
Sole
73.89K
Shared
0.00
None
0.00
TITAN ACQUISITION CORP
SOLEShares759.13K
TypeSH
Market value$7.82M
1.90%
Sole
759.13K
Shared
0.00
None
0.00
K&F GROWTH ACQUISITION CORP
SOLEShares750K
TypeSH
Market value$7.76M
1.89%
Sole
750K
Shared
0.00
None
0.00
AMERICAN EXCEPTIONALISM-CL A
SOLEShares700K
TypeSH
Market value$7.65M
1.86%
Sole
700K
Shared
0.00
None
0.00
PIONEER ACQUISITION I CORP
SOLEShares743.08K
TypeSH
Market value$7.47M
1.82%
Sole
743.08K
Shared
0.00
None
0.00
FUTURECREST ACQUISITION CORP
SOLEShares700K
TypeSH
Market value$7.42M
1.81%
Sole
700K
Shared
0.00
None
0.00
JENA ACQUISITION CORP II
SOLEShares700K
TypeSH
Market value$7.29M
1.78%
Sole
700K
Shared
0.00
None
0.00
MOUNTAIN LAKE ACQUISITION-A
SOLEShares700K
TypeSH
Market value$7.21M
1.76%
Sole
700K
Shared
0.00
None
0.00
HCM III ACQUISITION COR-CL A
SOLEShares700K
TypeSH
Market value$7.07M
1.72%
Sole
700K
Shared
0.00
None
0.00
EQV VENTURES ACQUISITION COR
SOLEShares697.17K
TypeSH
Market value$6.98M
1.70%
Sole
697.17K
Shared
0.00
None
0.00
SIZZLE ACQUISITION CORP-CL A
SOLEShares650.54K
TypeSH
Market value$6.56M
1.60%
Sole
650.54K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
JACKSON ACQUISITION CO-CL ASOLE | COM SHS CL A | 1.58M | SH | $16.35M 3.98% | 1.58M | 0.00 | 0.00 |
CENTURION ACQUISITION CORPSOLE | SHS CL A | 1.45M | SH | $15.30M 3.73% | 1.45M | 0.00 | 0.00 |
ARTIUS II ACQUISITION INC-ASOLE | SHS CL A | 1.50M | SH | $15.26M 3.72% | 1.50M | 0.00 | 0.00 |
GP-ACT III ACQUISITION-ASOLE | CL A | 1.38M | SH | $14.57M 3.55% | 1.38M | 0.00 | 0.00 |
SOULPOWER ACQUISITION CO-ASOLE | USD CL A ORD SHS | 1.30M | SH | $13.15M 3.20% | 1.30M | 0.00 | 0.00 |
CANTOR EQUITY PARTNERS-CL ASOLE | SHS CL A | 1.25M | SH | $12.73M 3.10% | 1.25M | 0.00 | 0.00 |
SIDDHI ACQUISITION CORP-ASOLE | CL A SHS | 1.25M | SH | $12.69M 3.09% | 1.25M | 0.00 | 0.00 |
AA MISSION ACQUISITION COR-ASOLE | ORD SHS CL A | 1.21M | SH | $12.68M 3.09% | 1.21M | 0.00 | 0.00 |
FIFTH ERA ACQUISITION CORP ISOLE | UNIT 99/99/9999 | 1.15M | SH | $12.08M 2.94% | 1.15M | 0.00 | 0.00 |
DRUGS MADE IN AMERICA ACQUISSOLE | UNIT 09/16/2030 | 1.20M | SH | $11.93M 2.91% | 1.20M | 0.00 | 0.00 |
OXLEY BRIDGE ACQUISITION LTDSOLE | UNIT 06/17/2030 | 950K | SH | $9.54M 2.32% | 950K | 0.00 | 0.00 |
PYROPHYTE ACQUISITION CORP ISOLE | UNIT 99/99/9999 | 850K | SH | $8.61M 2.10% | 850K | 0.00 | 0.00 |
M3-BRIGADE ACQUISITION VI COSOLE | UNIT 08/18/2030 | 850K | SH | $8.60M 2.10% | 850K | 0.00 | 0.00 |
CARTESIAN GROWTH CORP IIISOLE | UNIT 02/28/2032 | 800K | SH | $8.14M 1.98% | 800K | 0.00 | 0.00 |
VERONA PHARMA PLC - ADRSOLE | SPONSORED ADS | 73.89K | SH | $7.88M 1.92% | 73.89K | 0.00 | 0.00 |
TITAN ACQUISITION CORPSOLE | UNIT 04/09/2030 | 759.13K | SH | $7.82M 1.90% | 759.13K | 0.00 | 0.00 |
K&F GROWTH ACQUISITION CORPSOLE | UNIT 99/99/9999 | 750K | SH | $7.76M 1.89% | 750K | 0.00 | 0.00 |
AMERICAN EXCEPTIONALISM-CL ASOLE | ORD CL A | 700K | SH | $7.65M 1.86% | 700K | 0.00 | 0.00 |
PIONEER ACQUISITION I CORPSOLE | UNIT 06/16/2030 | 743.08K | SH | $7.47M 1.82% | 743.08K | 0.00 | 0.00 |
FUTURECREST ACQUISITION CORPSOLE | UNIT 99/99/9999 | 700K | SH | $7.42M 1.81% | 700K | 0.00 | 0.00 |
JENA ACQUISITION CORP IISOLE | UNIT 99/99/9999 | 700K | SH | $7.29M 1.78% | 700K | 0.00 | 0.00 |
MOUNTAIN LAKE ACQUISITION-ASOLE | SHS CL A | 700K | SH | $7.21M 1.76% | 700K | 0.00 | 0.00 |
HCM III ACQUISITION COR-CL ASOLE | ORD SHS CL A | 700K | SH | $7.07M 1.72% | 700K | 0.00 | 0.00 |
EQV VENTURES ACQUISITION CORSOLE | UNIT 06/30/2032 | 697.17K | SH | $6.98M 1.70% | 697.17K | 0.00 | 0.00 |
SIZZLE ACQUISITION CORP-CL ASOLE | USD CL A ORD SHS | 650.54K | SH | $6.56M 1.60% | 650.54K | 0.00 | 0.00 |
Page 1 of 5
…