NINE MASTS CAPITAL Ltd — 13F Holdings & Portfolio
CIK 1569356 · latest 13F-HR filed 2026-05-13
NINE MASTS CAPITAL Ltd manages $692.6M in 13F-reported U.S. long-equity assets across 249 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BABAF (21.25%), GOOG (9.89%), HDB (6.83%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 119 new positions, exited 71, added to 24, and trimmed 20.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$692.6M
Long-equity book
249
Distinct positions
2026-03-31
Filed 2026-05-13
+119 / −71 / ↑24 / ↓20
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ALIBABA GROUP HLDG LTD$49.2M +50.2%
- WARNER BROS DISCOVERY INC$22.0M +302.9%
- ELECTRONIC ARTS INC$20.2M +1231.2%
- HOLOGIC INC$13.3M +355.8%
- AES CORP$13.2M +2375.2%
Top Trims
- STATE STR SPDR S&P 500 ETF T-$68.6M -96.7%
- NORFOLK SOUTHN CORP-$22.0M -47.3%
- FOX CORP-$8.7M -20.4%
- RYANAIR HOLDINGS PLC-$7.9M -82.9%
- ZILLOW GROUP INC-$6.1M -63.5%
New Positions
- ALPHABET INC$68.5M
- HDFC BANK LTD$47.3M
- SILICON LABORATORIES INC$24.8M
- WEBSTER FINL CORP$20.4M
- ORACLE CORP$9.9M
Exited Positions
- ISHARES BITCOIN TRUST ETF$93.8M
- CYBERARK SOFTWARE LTD$18.5M
- GSK PLC$10.1M
- EXACT SCIENCES CORP$9.5M
- VERISIGN INC$6.8M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ALIBABA GROUP HLDG LTD | BABAF | 01609WBG6 | $147.2M | 21.25% | 106,000 | PRN |
| 2 | ALPHABET INC | GOOG | 02079K107 | $68.5M | 9.89% | 238,904 | SH |
| 3 | HDFC BANK LTD | HDB | 40415F101 | $47.3M | 6.83% | 1,900,809 | SH |
| 4 | FOX CORP | FOX | 35137L204 | $33.7M | 4.87% | 635,475 | SH |
| 5 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $29.2M | 4.22% | 1,064,956 | SH |
| 6 | SILICON LABORATORIES INC | SLAB | 826919102 | $24.8M | 3.59% | 119,369 | SH |
| 7 | NORFOLK SOUTHN CORP | NSC | 655844108 | $24.5M | 3.54% | 85,314 | SH |
| 8 | ELECTRONIC ARTS INC | EA | 285512109 | $21.9M | 3.16% | 107,191 | SH |
| 9 | WEBSTER FINL CORP | WBS | 947890109 | $20.4M | 2.94% | 293,333 | SH |
| 10 | INVESCO QQQ TR | QQQ | 46090E103 | $19.1M | 2.76% | 33,106 | SH |
| 11 | HOLOGIC INC | HOLX | 436440101 | $17.0M | 2.45% | 224,606 | SH |
| 12 | NIO INC | NIO | 62914VAK2 | $16.1M | 2.33% | 16,250 | PRN |
| 13 | ASE TECHNOLOGY HLDG CO LTD | ASX | 00215W100 | $15.9M | 2.30% | 777,180 | SH |
| 14 | AES CORP | AES | 00130H105 | $13.8M | 1.99% | 979,942 | SH |
| 15 | CLEARWATER ANALYTICS HLDGS I | CWAN | 185123106 | $13.8M | 1.99% | 581,714 | SH |
| 16 | KENVUE INC | KVUE | 49177J102 | $10.6M | 1.53% | 614,869 | SH |
| 17 | ORACLE CORP | ORCLPD | 68389X204 | $9.9M | 1.43% | 220,000 | PRN |
| 18 | QORVO INC | QRVO | 74736K101 | $9.7M | 1.39% | 124,744 | SH |
| 19 | JD.COM INC | JD | 47215P106 | $9.3M | 1.34% | 314,290 | SH |
| 20 | PENUMBRA INC | PEN | 70975L107 | $7.8M | 1.13% | 23,743 | SH |
| 21 | GLOBAL PMTS INC | GPN | 37940XAU6 | $7.5M | 1.08% | 8,500 | PRN |
| 22 | SNOWFLAKE INC | SNOW | 833445AD1 | $7.4M | 1.06% | 6,000 | PRN |
| 23 | VALARIS LTD | VAL | G9460G101 | $6.1M | 0.88% | 61,854 | SH |
| 24 | TXNM ENERGY INC | TXNM | 69349H107 | $5.9M | 0.85% | 100,481 | SH |
| 25 | BILL HOLDINGS INC | BILL | 090043AF7 | $4.5M | 0.64% | 5,000 | PRN |
| 26 | BRIGHTHOUSE FINL INC | BHF | 10922N103 | $4.2M | 0.61% | 70,788 | SH |
| 27 | APELLIS PHARMACEUTICALS INC | APLS | 03753U106 | $3.9M | 0.57% | 97,478 | SH |
| 28 | ZILLOW GROUP INC | Z | 98954M200 | $3.5M | 0.51% | 85,073 | SH |
| 29 | TXNM ENERGY INC | TXNM | 69349HAF4 | $3.3M | 0.48% | 2,500 | PRN |
| 30 | STATE STR SPDR S&P 500 ETF T Call | SPY | 78462F103 | $2.9M | 0.42% | 540,000 | SH |
| 31 | RENEW ENERGY GLOBAL PLC | RNW | G7500M104 | $2.9M | 0.42% | 630,878 | SH |
| 32 | ZSCALER INC Put | ZS | 98980G102 | $2.9M | 0.42% | 37,000 | SH |
| 33 | NIO INC | NIO | 62914V106 | $2.9M | 0.41% | 474,500 | SH |
| 34 | UNIFIRST CORP MASS | UNF | 904708104 | $2.8M | 0.40% | 11,091 | SH |
| 35 | JANUS HENDERSON GROUP PLC | JHG | G4474Y214 | $2.8M | 0.40% | 54,254 | SH |
| 36 | BROOKFIELD RENEWABLE ENERGY | BEP | G16258108 | $2.4M | 0.34% | 72,918 | SH |
| 37 | ZIM INTEGRATED SHIPPING SERV | ZIM | M9T951109 | $2.4M | 0.34% | 90,084 | SH |
| 38 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $2.4M | 0.34% | 3,639 | SH |
| 39 | PALANTIR TECHNOLOGIES INC Put | PLTR | 69608A108 | $2.0M | 0.29% | 54,000 | SH |
| 40 | META PLATFORMS INC Put | META | 30303M102 | $2.0M | 0.29% | 21,200 | SH |
| 41 | CONOCOPHILLIPS Call | COP | 20825C104 | $1.7M | 0.25% | 88,600 | SH |
| 42 | NORTHWESTERN ENERGY GROUP IN | NWE | 668074305 | $1.6M | 0.24% | 25,000 | SH |
| 43 | RYANAIR HOLDINGS PLC | RYAAY | 783513203 | $1.6M | 0.23% | 28,159 | SH |
| 44 | CANTALOUPE INC | CTLP | 138103106 | $1.6M | 0.23% | 146,736 | SH |
| 45 | CAMBRIA ETF TR | TAIL | 132061862 | $1.5M | 0.22% | 128,015 | SH |
| 46 | ALPHABET INC Put | GOOGL | 02079K305 | $1.4M | 0.20% | 32,000 | SH |
| 47 | CHEVRON CORPORATION Call | CVX | 166764100 | $1.4M | 0.20% | 30,500 | SH |
| 48 | WARNER BROS DISCOVERY INC Put | WBD | 934423104 | $1.3M | 0.19% | 1,134,300 | SH |
| 49 | PALANTIR TECHNOLOGIES INC Call | PLTR | 69608A108 | $1.3M | 0.19% | 55,800 | SH |
| 50 | CONOCOPHILLIPS Put | COP | 20825C104 | $1.2M | 0.17% | 100,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-13 | $692.6M | 249 | 0001569356-26-000003 |
| 2025-12-31 | 2026-02-10 | $580.7M | 120 | 0001569356-26-000001 |
| 2025-09-30 | 2025-11-13 | $243.5M | 76 | 0001569356-25-000004 |