Filed: 11/13/2025ACC: 0001569356-25-000004
📋 What this filing means
NINE MASTS CAPITAL LTD filed this quarterly 13F‑HR report disclosing 53 equity positions with a total reported market value of $243.51M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
53
Positions
$243.51M
Total AUM (reported)
11.79M
Total Shares
Allocation by class
SPONSORED ADS$54.10M22.2%
CAP STK CL C$52.63M21.6%
CL B COM$36.23M14.9%
COM$29.68M12.2%
ADS$18.34M7.5%
SPONSORED ADR$11.11M4.6%
SPON ADR NEW$7.53M3.1%
Portfolio Concentration
Top 3$110.74M45.5%
4–10$79.36M32.6%
11–25$40.43M16.6%
Rest$12.97M5.3%
Top 3 weight
45.5%
Top 10 weight
78.1%
Voting Authority Distribution
Total shares with voting rights: 11.79M
Sole
Full voting authority
11.79M
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)
Sole53
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings53
Rows:
ALPHABET INC
SOLEShares216.09K
TypeSH
Market value$52.63M
21.61%
Sole
216.09K
Shared
0.00
None
0.00
FOX CORP
SOLEShares632.38K
TypeSH
Market value$36.23M
14.88%
Sole
632.38K
Shared
0.00
None
0.00
VALE S A
SOLEShares585.70K
TypeSH
Market value$21.89M
8.99%
Sole
585.70K
Shared
0.00
None
0.00
HDFC BANK LTD
SOLEShares568.94K
TypeSH
Market value$19.43M
7.98%
Sole
568.94K
Shared
0.00
None
0.00
CARNIVAL PLC
SOLEShares665.64K
TypeSH
Market value$17.60M
7.23%
Sole
665.64K
Shared
0.00
None
0.00
MR COOPER GROUP INC
SOLEShares48.79K
TypeSH
Market value$10.28M
4.22%
Sole
48.79K
Shared
0.00
None
0.00
RYANAIR HOLDINGS PLC
SOLEShares168.51K
TypeSH
Market value$10.15M
4.17%
Sole
168.51K
Shared
0.00
None
0.00
ASE TECHNOLOGY HLDG CO LTD
SOLEShares841.69K
TypeSH
Market value$9.33M
3.83%
Sole
841.69K
Shared
0.00
None
0.00
DIAGEO PLC
SOLEShares78.87K
TypeSH
Market value$7.53M
3.09%
Sole
78.87K
Shared
0.00
None
0.00
ISRAEL ACQUISITIONS CORP
SOLEShares400K
TypeSH
Market value$5.04M
2.07%
Sole
400K
Shared
0.00
None
0.00
BAIDU INC
SOLEShares36K
TypeSH
Market value$4.93M
2.02%
Sole
36K
Shared
0.00
None
0.00
NIO INC
SOLEShares4.35K
TypePRN
Market value$4.57M
1.88%
Sole
4.35K
Shared
0.00
None
0.00
ELME COMMUNITIES
SOLEShares247.24K
TypeSH
Market value$4.17M
1.71%
Sole
247.24K
Shared
0.00
None
0.00
FRONTIER COMMUNICATIONS PARE
SOLEShares102.38K
TypeSH
Market value$3.82M
1.57%
Sole
102.38K
Shared
0.00
None
0.00
GRINDR INC
SOLEShares241.30K
TypeSH
Market value$3.62M
1.49%
Sole
241.30K
Shared
0.00
None
0.00
BROOKFIELD INFRASTRUCTURE CO
SOLEShares65.26K
TypeSH
Market value$2.68M
1.10%
Sole
65.26K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares220K
TypeSH
Market value$2.53M
1.04%
Sole
220K
Shared
0.00
None
0.00
TXNM ENERGY INC
SOLEShares42K
TypeSH
Market value$2.38M
0.98%
Sole
42K
Shared
0.00
None
0.00
THE TRADE DESK INC
SOLEShares39.50K
TypeSH
Market value$2.28M
0.94%
Sole
39.50K
Shared
0.00
None
0.00
LI AUTO INC
SOLEShares69.30K
TypeSH
Market value$1.81M
0.74%
Sole
69.30K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares11K
TypeSH
Market value$1.63M
0.67%
Sole
11K
Shared
0.00
None
0.00
UNITY SOFTWARE INC
SOLEShares200K
TypeSH
Market value$1.59M
0.65%
Sole
200K
Shared
0.00
None
0.00
SERVICENOW INC
SOLEShares2.82K
TypeSH
Market value$1.55M
0.64%
Sole
2.82K
Shared
0.00
None
0.00
HALEON PLC
SOLEShares163K
TypeSH
Market value$1.46M
0.60%
Sole
163K
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares385K
TypeSH
Market value$1.40M
0.57%
Sole
385K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALPHABET INCSOLE | CAP STK CL C | 216.09K | SH | $52.63M 21.61% | 216.09K | 0.00 | 0.00 |
FOX CORPSOLE | CL B COM | 632.38K | SH | $36.23M 14.88% | 632.38K | 0.00 | 0.00 |
VALE S ASOLE | SPONSORED ADS | 585.70K | SH | $21.89M 8.99% | 585.70K | 0.00 | 0.00 |
HDFC BANK LTDSOLE | SPONSORED ADS | 568.94K | SH | $19.43M 7.98% | 568.94K | 0.00 | 0.00 |
CARNIVAL PLCSOLE | ADS | 665.64K | SH | $17.60M 7.23% | 665.64K | 0.00 | 0.00 |
MR COOPER GROUP INCSOLE | COM | 48.79K | SH | $10.28M 4.22% | 48.79K | 0.00 | 0.00 |
RYANAIR HOLDINGS PLCSOLE | SPONSORED ADR | 168.51K | SH | $10.15M 4.17% | 168.51K | 0.00 | 0.00 |
ASE TECHNOLOGY HLDG CO LTDSOLE | SPONSORED ADS | 841.69K | SH | $9.33M 3.83% | 841.69K | 0.00 | 0.00 |
DIAGEO PLCSOLE | SPON ADR NEW | 78.87K | SH | $7.53M 3.09% | 78.87K | 0.00 | 0.00 |
ISRAEL ACQUISITIONS CORPSOLE | CLASS A ORD | 400K | SH | $5.04M 2.07% | 400K | 0.00 | 0.00 |
BAIDU INCSOLE | SPON ADR REP A | 36K | SH | $4.93M 2.02% | 36K | 0.00 | 0.00 |
NIO INCSOLE | NOTE 4.625%10/1 | 4.35K | PRN | $4.57M 1.88% | 4.35K | 0.00 | 0.00 |
ELME COMMUNITIESSOLE | SH BEN INT | 247.24K | SH | $4.17M 1.71% | 247.24K | 0.00 | 0.00 |
FRONTIER COMMUNICATIONS PARESOLE | COM | 102.38K | SH | $3.82M 1.57% | 102.38K | 0.00 | 0.00 |
GRINDR INCSOLE | COM | 241.30K | SH | $3.62M 1.49% | 241.30K | 0.00 | 0.00 |
BROOKFIELD INFRASTRUCTURE COSOLE | COM SUB VTG A | 65.26K | SH | $2.68M 1.10% | 65.26K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 220K | SH | $2.53M 1.04% | 220K | 0.00 | 0.00 |
TXNM ENERGY INCSOLE | COM | 42K | SH | $2.38M 0.98% | 42K | 0.00 | 0.00 |
THE TRADE DESK INCSOLE | COM CL A | 39.50K | SH | $2.28M 0.94% | 39.50K | 0.00 | 0.00 |
LI AUTO INCSOLE | SPONSORED ADS | 69.30K | SH | $1.81M 0.74% | 69.30K | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A SUB VTG SHS | 11K | SH | $1.63M 0.67% | 11K | 0.00 | 0.00 |
UNITY SOFTWARE INCSOLE | COM | 200K | SH | $1.59M 0.65% | 200K | 0.00 | 0.00 |
SERVICENOW INCSOLE | COM | 2.82K | SH | $1.55M 0.64% | 2.82K | 0.00 | 0.00 |
HALEON PLCSOLE | SPON ADS | 163K | SH | $1.46M 0.60% | 163K | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 385K | SH | $1.40M 0.57% | 385K | 0.00 | 0.00 |
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