Panview Capital Ltd — 13F Holdings & Portfolio
CIK 2035224 · latest 13F-HR filed 2026-11-13
Panview Capital Ltd manages $558.9M in 13F-reported U.S. long-equity assets across 14 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are NVDA (13.51%), CRWV (11.16%), GDX (10.37%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 2 new positions and exited 2; 6 existing positions rose in reported value and 5 fell.
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.
Long-equity book
Distinct positions
Filed 2026-11-13
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
5 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 88%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 27, 2026.
60 WYNDHAM STREET
HONG KONG
Hong Kong
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| LENTCHNER, JESSE, HART Control | CHIEF OPERATING OFFICER since May 2019 | Less than 5% | Individual |
| PANVIEW CAYMAN HOLDCO Control | HOLDING COMPANY since Jul 2020 | 75% or more | Foreign Entity |
| THALL, RYAN, JEFFREY Control | CHIEF INVESTMENT OFFICER since Jan 2019 | 25–50% | Individual |
| THALL, RYAN, JEFFREY Control Indirect owner via PANVIEW CAYMAN HOLDCO | SHAREHOLDER since Jan 2019 | 75% or more | Individual |
Ownership & leadership changes · 3 filings with changes since Nov 8, 2019
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- AddedTHALL, RYAN, JEFFREY · SHAREHOLDER · 75% or more · indirect via PANVIEW CAYMAN HOLDCO · control person
- ChangedTHALL, RYAN, JEFFREY · ownership 75% or more → 25–50%
- AddedPANVIEW CAYMAN HOLDCO · HOLDING COMPANY · 75% or more · control person
- No longer listedPAN VIEW CAYMAN HOLDCO · SHAREHOLDER · 75% or more · control person · listed since Jul 2019
- No longer listedTHALL, RYAN, JEFFREY · SHAREHOLDER · 75% or more · indirect via PAN VIEW CAYMAN HOLDCO · control person · listed since Feb 2019
- ListedLENTCHNER, JESSE, HART · CHIEF OPERATING OFFICER · Less than 5% · control person
- ListedPAN VIEW CAYMAN HOLDCO · SHAREHOLDER · 75% or more · control person
- ListedTHALL, RYAN, JEFFREY · CHIEF INVESTMENT OFFICER · 75% or more · control person
- ListedTHALL, RYAN, JEFFREY · SHAREHOLDER · 75% or more · indirect via PAN VIEW CAYMAN HOLDCO · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- NVIDIA CORPORATION$24.0M +46.5%
- VANECK ETF TRUST$14.7M +36.8%
- VEON LTD$13.6M +41.3%
- VANECK ETF TRUST$12.5M +27.4%
- FORMFACTOR INC$6.1M +16.7%
Top Trims
- APPLOVIN CORP-$52.6M -60.1%
- NOKIA CORP-$13.9M -23.6%
- WOLFSPEED INC-$5.1M -74.1%
- ASML HLDG NV-$3.5M -8.9%
- DOLE PLC-$1.7M -7.4%
Panview Capital Ltd Holdings (2026-09-30)
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 | NVIDIA CORPORATION | NVDA | 67066G104 | $75.5M | 13.51% | 330,697 | SH |
| 2 | COREWEAVE INC | CRWV | 21873S108 | $62.4M | 11.16% | 715,885 | SH |
| 3 | VANECK ETF TRUST | GDX | 92189F106 | $58.0M | 10.37% | 660,246 | SH |
| 4 | VANECK ETF TRUST | GDXJ | 92189F791 | $54.5M | 9.76% | 478,653 | SH |
| 5 | VEON LTD | VEON | 91822M502 | $46.5M | 8.32% | 629,316 | SH |
| 6 | NOKIA CORP | NOK | 654902204 | $45.0M | 8.05% | 4,436,204 | SH |
| 7 | FORMFACTOR INC | FORM | 346375108 | $42.7M | 7.63% | 285,747 | SH |
| 8 | CEREBRAS SYSTEMS INC | CBRS | 15675D103 | $36.2M | 6.47% | 203,600 | SH |
| 9 | ASML HLDG NV | ASML | N07059210 | $36.1M | 6.46% | 19,939 | SH |
| 10 | APPLOVIN CORP | APP | 03831W108 | $34.9M | 6.25% | 120,205 | SH |
| 11 | CANADIAN NAT RES LTD MED TER | CNQ | 136385101 | $24.2M | 4.33% | 514,526 | SH |
| 12 | DOLE PLC | DOLE | G27907107 | $21.8M | 3.90% | 1,716,784 | SH |
| 13 | ELDORADO GOLD CORP NEW | EGO | 284902509 | $19.2M | 3.44% | 500,000 | SH |
| 14 | WOLFSPEED INC | WOLF | 97785W106 | $1.8M | 0.32% | 64,085 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-13 | $558.9M | 14 | 0002035224-26-000006 |
| 2026-06-30 | 2026-08-13 | $568.0M | 14 | 0002035224-26-000004 |
| 2026-03-31 | 2026-05-14 | $467.2M | 12 | 0002035224-26-000003 |
| 2025-12-31 | 2026-02-13 | $278.5M | 9 | 0002035224-26-000001 |
| 2025-09-30 | 2025-11-13 | $235.1M | 9 | 0002035224-25-000022 |
60 WYNDHAM STREET, CENTRAL
HONG KONG, K3 00000