Filed: 5/13/2025ACC: 0001085146-25-003030
📋 What this filing means
NINE MASTS CAPITAL LTD filed this quarterly 13F‑HR report disclosing 48 equity positions with a total reported market value of $150.56M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
48
Positions
$150.56M
Total AUM (reported)
4.48M
Total Shares
Allocation by class
CAP STK CL A$46.28M30.7%
SPONSORED ADS$39.58M26.3%
CL A$14.71M9.8%
NOTE 4.625%10/1$10.48M7.0%
NOTE 12/0$9.95M6.6%
CL B COM$8.43M5.6%
COM$7.49M5.0%
Portfolio Concentration
Top 3$76.88M51.1%
4–10$52.43M34.8%
11–25$15.20M10.1%
Rest$6.05M4.0%
Top 3 weight
51.1%
Top 10 weight
85.9%
Voting Authority Distribution
Total shares with voting rights: 4.48M
Sole
Full voting authority
4.48M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole48
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings48
Rows:
ALPHABET INC
SOLEShares299.27K
TypeSH
Market value$46.28M
30.74%
Sole
299.27K
Shared
0.00
None
0.00
HDFC BANK LTD
SOLEShares240.46K
TypeSH
Market value$15.98M
10.61%
Sole
240.46K
Shared
0.00
None
0.00
ASE TECHNOLOGY HLDG CO LTD
SOLEShares1.67M
TypeSH
Market value$14.63M
9.71%
Sole
1.67M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares16.00
TypeSH
Market value$12.78M
8.48%
Sole
16.00
Shared
0.00
None
0.00
NIO INC
SOLEShares15K
TypePRN
Market value$10.48M
6.96%
Sole
15K
Shared
0.00
None
0.00
PDD HOLDINGS INC
SOLEShares10K
TypePRN
Market value$9.95M
6.61%
Sole
10K
Shared
0.00
None
0.00
FOX CORP
SOLEShares160K
TypeSH
Market value$8.43M
5.60%
Sole
160K
Shared
0.00
None
0.00
BEIGENE LTD
SOLEShares16.72K
TypeSH
Market value$4.64M
3.08%
Sole
16.72K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares190K
TypeSH
Market value$3.29M
2.18%
Sole
190K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares21.68K
TypeSH
Market value$2.87M
1.90%
Sole
21.68K
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares40K
TypeSH
Market value$2.54M
1.69%
Sole
40K
Shared
0.00
None
0.00
ZAI LAB LTD
SOLEShares50.50K
TypeSH
Market value$1.85M
1.23%
Sole
50.50K
Shared
0.00
None
0.00
THE TRADE DESK INC
SOLEShares20.50K
TypeSH
Market value$1.23M
0.82%
Sole
20.50K
Shared
0.00
None
0.00
ADOBE INC
SOLEShares11.50K
TypeSH
Market value$1.15M
0.76%
Sole
11.50K
Shared
0.00
None
0.00
LI AUTO INC
SOLEShares40.03K
TypeSH
Market value$1.02M
0.68%
Sole
40.03K
Shared
0.00
None
0.00
DATADOG INC
SOLEShares30.30K
TypeSH
Market value$958.0K
0.64%
Sole
30.30K
Shared
0.00
None
0.00
LINDE PLC
SOLEShares80K
TypeSH
Market value$887.0K
0.59%
Sole
80K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares22.50K
TypeSH
Market value$861.6K
0.57%
Sole
22.50K
Shared
0.00
None
0.00
UNITY SOFTWARE INC
SOLEShares200K
TypeSH
Market value$849.5K
0.56%
Sole
200K
Shared
0.00
None
0.00
APPLE INC
SOLEShares47.80K
TypeSH
Market value$791.1K
0.53%
Sole
47.80K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares63K
TypeSH
Market value$692.9K
0.46%
Sole
63K
Shared
0.00
None
0.00
ROBLOX CORP
SOLEShares84K
TypeSH
Market value$666.3K
0.44%
Sole
84K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares5.20K
TypeSH
Market value$625.7K
0.42%
Sole
5.20K
Shared
0.00
None
0.00
XPENG INC
SOLEShares27.65K
TypeSH
Market value$560.0K
0.37%
Sole
27.65K
Shared
0.00
None
0.00
EXPEDIA GROUP INC
SOLEShares25.30K
TypeSH
Market value$515.9K
0.34%
Sole
25.30K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALPHABET INCSOLE | CAP STK CL A | 299.27K | SH | $46.28M 30.74% | 299.27K | 0.00 | 0.00 |
HDFC BANK LTDSOLE | SPONSORED ADS | 240.46K | SH | $15.98M 10.61% | 240.46K | 0.00 | 0.00 |
ASE TECHNOLOGY HLDG CO LTDSOLE | SPONSORED ADS | 1.67M | SH | $14.63M 9.71% | 1.67M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL A | 16.00 | SH | $12.78M 8.48% | 16.00 | 0.00 | 0.00 |
NIO INCSOLE | NOTE 4.625%10/1 | 15K | PRN | $10.48M 6.96% | 15K | 0.00 | 0.00 |
PDD HOLDINGS INCSOLE | NOTE 12/0 | 10K | PRN | $9.95M 6.61% | 10K | 0.00 | 0.00 |
FOX CORPSOLE | CL B COM | 160K | SH | $8.43M 5.60% | 160K | 0.00 | 0.00 |
BEIGENE LTDSOLE | SPONSORED ADS | 16.72K | SH | $4.64M 3.08% | 16.72K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 190K | SH | $3.29M 2.18% | 190K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 21.68K | SH | $2.87M 1.90% | 21.68K | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 40K | SH | $2.54M 1.69% | 40K | 0.00 | 0.00 |
ZAI LAB LTDSOLE | ADR | 50.50K | SH | $1.85M 1.23% | 50.50K | 0.00 | 0.00 |
THE TRADE DESK INCSOLE | COM CL A | 20.50K | SH | $1.23M 0.82% | 20.50K | 0.00 | 0.00 |
ADOBE INCSOLE | COM | 11.50K | SH | $1.15M 0.76% | 11.50K | 0.00 | 0.00 |
LI AUTO INCSOLE | SPONSORED ADS | 40.03K | SH | $1.02M 0.68% | 40.03K | 0.00 | 0.00 |
DATADOG INCSOLE | CL A COM | 30.30K | SH | $958.0K 0.64% | 30.30K | 0.00 | 0.00 |
LINDE PLCSOLE | SHS | 80K | SH | $887.0K 0.59% | 80K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 22.50K | SH | $861.6K 0.57% | 22.50K | 0.00 | 0.00 |
UNITY SOFTWARE INCSOLE | COM | 200K | SH | $849.5K 0.56% | 200K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 47.80K | SH | $791.1K 0.53% | 47.80K | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A | 63K | SH | $692.9K 0.46% | 63K | 0.00 | 0.00 |
ROBLOX CORPSOLE | CL A | 84K | SH | $666.3K 0.44% | 84K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 5.20K | SH | $625.7K 0.42% | 5.20K | 0.00 | 0.00 |
XPENG INCSOLE | ADS | 27.65K | SH | $560.0K 0.37% | 27.65K | 0.00 | 0.00 |
EXPEDIA GROUP INCSOLE | COM NEW | 25.30K | SH | $515.9K 0.34% | 25.30K | 0.00 | 0.00 |
Page 1 of 2