Headwater Capital Co Ltd — 13F Holdings & Portfolio

CIK 2036346 · latest 13F-HR filed 2026-05-15

Headwater Capital Co Ltd manages $622.0M in 13F-reported U.S. long-equity assets across 15 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are TSM (18.26%), META (17.39%), GOOG (13.61%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 7 new positions, exited 9, added to 5, and trimmed 2.

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.

Loading holdings…
AUM

$622.0M

Long-equity book

Holdings

15

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+7 / −9 / ↑5 / ↓2

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • META PLATFORMS INC$84.1M +350.0%
  • ALPHABET INC$34.8M +111.3%
  • MICRON TECHNOLOGY INC$13.9M +62.4%
  • TRIP COM GROUP LTD$9.5M +40.6%
  • LUMENTUM HOLDINGS INC$3.0M +27.1%
Show all 5

Top Trims

  • ALPHABET INC-$63.5M -42.9%
  • PDD HOLDINGS INC-$14.2M -48.0%
Show all 2

New Positions

  • NVIDIA CORP$54.9M
  • DOORDASH INC$31.5M
  • ROBINHOOD MARKETS INC$25.4M
  • FUTU HLDGS LTD$13.7M
  • ROBLOX CORP$11.3M
Show all 7

Exited Positions

  • AMAZON COM INC$24.0M
  • FIGMA INC$19.4M
  • H WORLD GROUP LTD$9.4M
  • ATOUR LIFESTYLE HLDGS LTD$7.9M
  • TRIPADVISOR INC$5.1M
Show all 9
All Holdings

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 TAIWAN SEMICONDUCTOR MFG TSM 874039100 $113.6M 18.26% 336,000 SH
2 META PLATFORMS INC META 30303M102 $108.1M 17.39% 189,000 SH
3 ALPHABET INC GOOG 02079K107 $84.6M 13.61% 295,000 SH
4 ALPHABET INC GOOGL 02079K305 $66.1M 10.63% 230,000 SH
5 NVIDIA CORP NVDA 67066G104 $54.9M 8.83% 315,000 SH
6 MICRON TECHNOLOGY INC MU 595112103 $36.1M 5.81% 107,000 SH
7 TRIP COM GROUP LTD TCOM 89677Q107 $32.9M 5.28% 660,000 SH
8 DOORDASH INC DASH 25809K105 $31.5M 5.07% 210,000 SH
9 ROBINHOOD MARKETS INC HOOD 770700102 $25.4M 4.09% 367,000 SH
10 PDD HOLDINGS INC PDD 722304102 $15.3M 2.46% 150,000 SH
11 LUMENTUM HOLDINGS INC LITE 55024U109 $14.1M 2.26% 20,000 SH
12 FUTU HLDGS LTD FUTU 36118L106 $13.7M 2.20% 100,000 SH
13 ROBLOX CORP RBLX 771049103 $11.3M 1.82% 200,000 SH
14 ON HLDG AG ONON H5919C104 $10.2M 1.64% 300,000 SH
15 KANZHUN LTD BZ 48553T106 $4.0M 0.65% 300,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $622.0M 15 0002036346-26-000006
2025-12-31 2026-02-19 $480.9M 17 0002036346-26-000005
2025-12-31 2026-02-17 $480.9M 17 0002036346-26-000004