Spruce Point Capital (@sprucepointcap) stock calls: track record, win rate and every call
As of October 8, 2026, MCAFax has logged 20 calls from Spruce Point Capital (@sprucepointcap): 0 bullish, 20 bearish and 0 neutral. Career record on scored calls: 11-6 (.647 win rate), averaging +10.4 points versus the S&P 500 per call. Leaderboard status: Ranked #2 (career).
Not investment advice; for research and education.
Stat line
| View | Calls scored | W-L | Win % | Avg edge vs S&P | Best call | Worst call | Streak | Last 10 | Longs | Shorts |
|---|---|---|---|---|---|---|---|---|---|---|
| Career | 17 | 11-6 | .647 | +10.4 | LMB +42.5 | SGHC -40.9 | W2 | 6-4 | 0-0 | 11-6 |
| Season (trailing 12 months) | 7 | 4-3 | .571 | +3.5 | NVA +31.9 | SGHC -40.9 | W2 | 4-3 | 0-0 | 4-3 |
Calls scored counts directional calls at least 180 days old, with repeats counted once. Edge is in percentage points versus the S&P 500. Streak and Last 10 run in date order, most recent last.
Ranked or unranked?
Career: Ranked #2 (career). 9 players are ranked on the career board. Season (trailing 12 months): Unranked (season): 7 of the 15 scored calls needed, 8 to go.
A player needs at least 15 scored calls in a view to be ranked. See the leaderboard.
Style and specialty
- Style: activist short / forensic
- Why we track this account: Named activist short-seller with a long public record of published reports; posts specific bearish points on named companies.
- What to keep in mind: Talks its own book (short positions); posts infrequently; targets often dispute its claims.
- Followers on X: 45,336 (checked Oct 8, 2026)
- MCAFax status: Rotation roster (featured in the daily Market Calls piece)
Current calls (open)
| Date | Ticker | Call | Price at call | Current / outcome | Result | Source |
|---|---|---|---|---|---|---|
| Oct 6, 2026 | BG | Bearish (short) | $107.32 | Open; scored 180 days after the post | Open (not yet scored) | post |
| Sep 30, 2026 | IPX | Bearish (short) | $18.30 | Open; scored 180 days after the post | Open (not yet scored) | post |
| Sep 29, 2026 | NVA | Bearish (short) | $5.34 | Open; scored 180 days after the post | Open (not yet scored) | post |
What the open calls argue, in our own words:
- BG (bearish, Oct 6, 2026): Second senior departure (CLO after CAO) undercuts the Viterra-merger upside story at Bunge.
- IPX (bearish, Sep 30, 2026): Even B Riley's cut target ($52 to $34) is too optimistic for IPX, a company Spruce calls a promoter.
- NVA (bearish, Sep 29, 2026): Late 10-K filing at Nova Minerals threatens the bull case and possibly its $43m DoW grant.
Scored calls (game log)
| Date | Ticker | Call | Price at call | Current / outcome | Result | Source |
|---|---|---|---|---|---|---|
| Mar 25, 2026 | BG | Bearish (short) | $124.09 | $112.61 on Sep 21, 2026 | W, +27.7 pts vs S&P 500 (180 days) | post |
| Feb 20, 2026 | NVA | Bearish (short) | $6.29 | $5.06 on Aug 19, 2026 | W, +31.9 pts vs S&P 500 (180 days) | post |
| Feb 12, 2026 | SGHC | Bearish (short) | $8.52 | $12.97 on Aug 11, 2026 | L, -40.9 pts vs S&P 500 (180 days) | post |
| Jan 27, 2026 | REZI | Bearish (short) | $24.54 | $24.52 on Jul 27, 2026 | W, +6.8 pts vs S&P 500 (180 days) | post |
| Nov 12, 2025 | IPX | Bearish (short) | $37.47 | $41.29 on May 11, 2026 | L, -1.9 pts vs S&P 500 (180 days) | post |
| Oct 27, 2025 | TR | Bearish (short) | $36.37 | $41.66 on Apr 27, 2026 | L, -8.9 pts vs S&P 500 (180 days) | post |
| Oct 27, 2025 | WTRG | Bearish (short) | $41.21 | $39.41 on Apr 27, 2026 | W, +10.0 pts vs S&P 500 (180 days) | post |
| Oct 3, 2025 | DKNG | Bearish (short) | $34.89 | $22.16 on Apr 1, 2026 | W, +34.4 pts vs S&P 500 (180 days) | post |
| Sep 18, 2025 | UEC | Bearish (short) | $12.24 | $13.99 on Mar 17, 2026 | L, -12.5 pts vs S&P 500 (180 days) | post |
| Sep 17, 2025 | FND | Bearish (short) | $87.18 | $57.69 on Mar 16, 2026 | W, +35.3 pts vs S&P 500 (180 days) | post |
| Sep 16, 2025 | DV | Bearish (short) | $13.01 | $10.15 on Mar 16, 2026 | W, +23.2 pts vs S&P 500 (180 days) | post |
| Aug 19, 2025 | RELY | Bearish (short) | $19.87 | $13.08 on Feb 17, 2026 | W, +40.3 pts vs S&P 500 (180 days) | post |
| Aug 18, 2025 | IRTC | Bearish (short) | $160.58 | $148.32 on Feb 17, 2026 | W, +13.7 pts vs S&P 500 (180 days) | post |
| Jul 22, 2025 | LMB | Bearish (short) | $123.84 | $80.91 on Jan 20, 2026 | W, +42.5 pts vs S&P 500 (180 days) | post |
| Jul 22, 2025 | YOU | Bearish (short) | $29.54 | $34.63 on Jan 20, 2026 | L, -9.4 pts vs S&P 500 (180 days) | post |
| Jul 22, 2025 | MSCI | Bearish (short) | $577.97 | $584.22 on Jan 20, 2026 | W, +6.7 pts vs S&P 500 (180 days) | post |
| Jul 17, 2025 | MNST | Bearish (short) | $29.32 | $39.22 on Jan 13, 2026 | L, -22.6 pts vs S&P 500 (180 days) | post |
In their own words
- BG (Oct 6, 2026): "I thought there was so much upside to the Viterra transaction, why leave now?"
- IPX (Sep 30, 2026): "Still far too optimistic in our view"
- NVA (Sep 29, 2026): "we believe it should be significantly hampered"
Related pages
How we score these calls
A call wins when, 180 days after the post, the stock beat the S&P 500 in the direction the investor called (a long must outperform the index, a short must underperform it). Edge is the gap versus the S&P 500 in percentage points. Price at call is the last close known at the time of the post (Yahoo Finance daily bars, split-adjusted, in the listing currency). Track records cover calls from roughly the past year.
Last updated: October 8, 2026
Not investment advice; for research and education.
FAQ
What is @sprucepointcap's stock-picking track record?
Career record on scored calls: 11-6 (.647 win rate), averaging +10.4 points versus the S&P 500 per call. MCAFax has logged 20 calls from this account as of October 8, 2026.
What is @sprucepointcap's win rate?
.647 on 17 scored calls in the career view (11-6). A win means the call beat the S&P 500 in the called direction over 180 days.
Is @sprucepointcap ranked on the MCAFax leaderboard?
Ranked #2 (career). Players need 15 scored calls to be ranked.
What was @sprucepointcap's best call?
LMB (short, posted Jul 22, 2025), which finished +42.5 points versus the S&P 500 after 180 days.
What was @sprucepointcap's worst call?
SGHC (short, posted Feb 12, 2026), which finished -40.9 points versus the S&P 500 after 180 days.
What stocks is @sprucepointcap calling right now?
Open calls: BG (bearish), IPX (bearish), and NVA (bearish).
What kind of investor is @sprucepointcap?
Style: activist short / forensic. Named activist short-seller with a long public record of published reports; posts specific bearish points on named companies.
Does @sprucepointcap make more bullish or bearish calls?
Of 20 logged calls, 0 are bullish, 20 bearish and 0 neutral. Scored record by side: longs 0-0, shorts 11-6.
How does MCAFax score these calls?
A call wins when, 180 days after the post, the stock beat the S&P 500 in the direction the investor called (a long must outperform the index, a short must underperform it). Edge is the gap versus the S&P 500 in percentage points. Price at call is the last close known at the time of the post (Yahoo Finance daily bars, split-adjusted, in the listing currency). Track records cover calls from roughly the past year.
Is this investment advice?
No. This page is journalism and research for education. It reports what this investor said publicly and how those calls performed.