NINE MASTS CAPITAL Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
NINE MASTS CAPITAL Ltd disclosed 13 US equity positions worth $132.0m in its Q1 2025 13F filing. The largest position was GOOGL at 35.1% of the reported book, followed by HDB and ASX. Against the Q4 2024 filing, it opened 5 new positions, added to 5 and reduced 3 among the top 13 holdings.
What did NINE MASTS CAPITAL Ltd own in Q1 2025? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL ALPHABET INC | Communication Services | 35.1% | $46.3m | 299,274 | – | new |
| 2 | HDB HDFC BANK LTD | Financial Services | 12.1% | $16.0m | 240,457 | -59% | reduced |
| 3 | ASX ASE TECHNOLOGY HLDG CO LTD | Technology | 11.1% | $14.6m | 1,669,622 | 44% | added |
| 4 | BRK/A BERKSHIRE HATHAWAY INC DEL | 9.7% | $12.8m | 16 | -33% | reduced | |
| 5 | NIO INC | 7.9% | $10.5m | 15,000 | 200% | added | |
| 6 | PDD HOLDINGS INC | 7.5% | $9.9m | 10,000 | 233% | added | |
| 7 | FOX FOX CORP | Communication Services | 6.4% | $8.4m | 160,000 | 268% | added |
| 8 | ONC BEIGENE LTD | Healthcare | 3.5% | $4.6m | 16,716 | – | new |
| 9 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.2% | $2.9m | 21,679 | – | new |
| 10 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 1.9% | $2.5m | 40,000 | 106% | added |
| 11 | ZLAB ZAI LAB LTD | Healthcare | 1.4% | $1.8m | 50,500 | – | new |
| 12 | LI LI AUTO INC | Consumer Cyclical | 0.8% | $1.0m | 40,030 | -85% | reduced |
| 13 | XPEV XPENG INC | Consumer Cyclical | 0.4% | $560.0k | 27,650 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.