AI Portfolio Summary
In 2025 Q4, NINE MASTS CAPITAL Ltd maintained a portfolio of 171 distinct positions. The most significant new addition to the portfolio was ALIBABA GROUP HLDG L, which now represents 16.87% of the total fund value. The fund also reduced its exposure to VALE S A by 96.5%.
Total Positions
171
Quarter
2025 Q4
Top Holding
N/A (16.9%)
Top 10 Concentration
74.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 171
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
N/A
ALIBABA GROUP H...
|
—
|
Bond/Debt | 16.87% | — |
#1
Prev: #—
|
9.5 | 63,000 | no change |
NEW
|
63,000 | $97,996,500 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
IBIT
ISHARES BITCOIN...
|
Bond/Debt | 16.15% | — |
#2
Prev: #—
|
9.0 | 1,889,214 | no change |
NEW
|
1,889,214 | $93,799,475 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPY
SPDR S&P 500 ET...
|
ETF | 12.23% | — |
#3
Prev: #—
|
8.5 | 104,139 | no change |
NEW
|
104,139 | $71,014,467 | 2014 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NSC
NORFOLK SOUTHN ...
|
Industrials | 8.00% | — |
#4
Prev: #—
|
7.2 | 160,852 | no change |
NEW
|
160,852 | $46,441,189 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FOX
FOX CORP
|
Communication Services | 7.30% | 14.88% |
#5
3
Prev: #2
|
3.9 | 20,800 | 3.3% |
P
S
|
653,175 | $42,410,653 | 2014 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QQQ
INVESCO QQQ TR
|
ETF | 3.27% | — |
#6
Prev: #—
|
4.8 | 40,453 | no change |
NEW
|
40,453 | $19,016,291 | 2014 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CYBR
CYBERARK SOFTWA...
|
Technology | 3.18% | — |
#7
Prev: #—
|
4.8 | 41,403 | no change |
NEW
|
41,403 | $18,468,222 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
NIO INC
|
—
|
Bond/Debt | 2.93% | 1.88% |
#8
5
Prev: #13
|
4.2 | 14,900 | 342.5% |
P
S
|
19,250 | $17,036,250 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
QRVO
QORVO INC
|
Technology | 2.44% | — |
#9
Prev: #—
|
4.5 | 167,956 | no change |
NEW
|
167,956 | $14,193,962 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ASX
ASE TECHNOLOGY ...
|
Technology | 2.05% | 3.83% |
#10
2
Prev: #8
|
1.3 | -102,067 | -12.1% |
P
S
|
739,619 | $11,907,866 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GSK
GSK PLC
|
Healthcare | 1.74% | — |
#11
Prev: #—
|
4.2 | 205,929 | no change |
NEW
|
205,929 | $10,111,684 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
Z
ZILLOW GROUP IN...
|
Communication Services | 1.66% | — |
#12
Prev: #—
|
4.2 | 141,496 | no change |
NEW
|
141,496 | $9,652,857 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EXAS
EXACT SCIENCES ...
|
Healthcare | 1.64% | — |
#13
Prev: #—
|
4.2 | 93,717 | no change |
NEW
|
93,717 | $9,517,899 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RYAAY
RYANAIR HOLDING...
|
Industrials | 1.63% | 4.17% |
#14
7
Prev: #7
|
0.7 | -36,989 | -22.0% |
P
S
|
131,521 | $9,494,501 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JD
JD.COM INC
|
Consumer Cyclical | 1.35% | — |
#15
Prev: #—
|
4.0 | 273,890 | no change |
NEW
|
273,890 | $7,860,643 | 2016 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WBD
WARNER BROS DIS...
|
Communication Services | 1.25% | — |
#16
Prev: #—
|
4.0 | 251,849 | no change |
NEW
|
251,849 | $7,258,288 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VRSN
VERISIGN INC
|
Technology | 1.17% | — |
#17
Prev: #—
|
4.0 | 13,548 | no change |
NEW
|
13,548 | $6,770,828 | 2017 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RNA
AVIDITY BIOSCIE...
|
Healthcare | 0.98% | — |
#18
Prev: #—
|
3.9 | 78,786 | no change |
NEW
|
78,786 | $5,682,834 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RNW
RENEW ENERGY GL...
|
Utilities | 0.88% | — |
#19
Prev: #—
|
3.9 | 908,549 | no change |
NEW
|
908,549 | $5,133,302 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DAY
DAYFORCE INC
|
Technology | 0.88% | — |
#20
Prev: #—
|
3.9 | 73,879 | no change |
NEW
|
73,879 | $5,109,472 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PBR
PETROLEO BRASIL...
|
Energy | 0.84% | — |
#21
Prev: #—
|
3.8 | 410,245 | no change |
NEW
|
410,245 | $4,861,403 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ETHA
ISHARES ETHEREU...
|
ETF | 0.75% | — |
#22
Prev: #—
|
3.8 | 195,193 | no change |
NEW
|
195,193 | $4,378,179 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TXNM
TXNM ENERGY INC
|
Utilities | 0.72% | 0.98% |
#23
4
Prev: #19
|
3.3 | 28,981 | 69.0% |
P
S
|
70,981 | $4,179,361 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GTLS
CHART INDS INC
|
Industrials | 0.71% | — |
#24
Prev: #—
|
3.8 | 19,865 | no change |
NEW
|
19,865 | $4,096,759 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HOLX
HOLOGIC INC
|
Healthcare | 0.64% | — |
#25
Prev: #—
|
3.8 | 50,000 | no change |
NEW
|
50,000 | $3,724,500 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KVUE
KENVUE INC
|
Consumer Defensive | 0.58% | — |
#26
Prev: #—
|
3.7 | 193,863 | no change |
NEW
|
193,863 | $3,344,137 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CTLP
CANTALOUPE INC
|
Technology | 0.51% | — |
#27
Prev: #—
|
3.7 | 280,363 | no change |
NEW
|
280,363 | $2,977,455 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIDU
BAIDU INC
|
Communication Services | 0.45% | 2.02% |
#28
16
Prev: #12
|
0.2 | -16,193 | -45.0% |
P
S
|
19,811 | $2,588,505 | 2014 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NIO
NIO INC
|
Consumer Cyclical | 0.42% | — |
#29
Prev: #—
|
3.7 | 474,500 | no change |
NEW
|
474,500 | $2,419,950 | 2019 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTI
BRITISH AMERN T...
|
Consumer Defensive | 0.34% | — |
#30
Prev: #—
|
3.6 | 34,475 | no change |
NEW
|
34,475 | $1,954,929 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JHG
JANUS HENDERSON...
|
Financial Services | 0.32% | — |
#31
Prev: #—
|
3.6 | 39,523 | no change |
NEW
|
39,523 | $1,880,109 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 0.29% | — |
#32
Prev: #—
|
3.6 | 9,121 | no change |
NEW
|
9,121 | $1,701,067 | 2017 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CUK
CARNIVAL PLC
|
Consumer Cyclical | 0.29% | 7.23% |
#33
29
Prev: #4
|
0.1 | -610,308 | -91.7% |
P
S
|
55,335 | $1,678,311 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CWAN
CLEARWATER ANAL...
|
Technology | 0.29% | — |
#34
Prev: #—
|
3.6 | 69,323 | no change |
NEW
|
69,323 | $1,672,071 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EA
ELECTRONIC ARTS...
|
Communication Services | 0.28% | — |
#35
Prev: #—
|
3.6 | 8,034 | no change |
NEW
|
8,034 | $1,641,587 | 2017 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CSGS
CSG SYS INTL IN...
|
Technology | 0.26% | — |
#36
Prev: #—
|
3.6 | 20,000 | no change |
NEW
|
20,000 | $1,533,800 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
NETFLIX INC
|
ETF | 0.23% | — |
#37
Prev: #—
|
3.6 | 14,117 | no change |
NEW
|
14,117 | $1,323,610 | 2017 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AXTA
AXALTA COATING ...
|
Basic Materials | 0.22% | — |
#38
Prev: #—
|
3.6 | 40,000 | no change |
NEW
|
40,000 | $1,292,400 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MAGS
LISTED FDS TR
|
Unknown | 0.21% | — |
#39
Prev: #—
|
3.6 | 18,309 | no change |
NEW
|
18,309 | $1,207,662 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SEMR
SEMRUSH HLDGS I...
|
Technology | 0.20% | — |
#40
Prev: #—
|
3.6 | 100,000 | no change |
NEW
|
100,000 | $1,189,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NOW
SERVICENOW INC
|
Technology | 0.20% | 0.50% |
#41
14
Prev: #27
|
3.1 | 6,288 | 477.4% |
P
S
|
7,605 | $1,165,010 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FYBR
FRONTIER COMMUN...
|
Communication Services | 0.20% | 1.57% |
#42
27
Prev: #15
|
0.1 | -72,381 | -70.7% |
P
S
|
30,000 | $1,142,100 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIP
BROOKFIELD INFR...
|
Bond/Debt | 0.19% | — |
#43
Prev: #—
|
3.6 | 31,549 | no change |
NEW
|
31,549 | $1,096,012 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XOM
EXXON MOBIL COR...
|
Energy | 0.18% | 0.37% |
#44
14
Prev: #30
|
2.1 | 545 | 6.9% |
P
S
|
8,486 | $1,021,205 | 2015 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TGNA
TEGNA INC
|
Communication Services | 0.15% | — |
#45
Prev: #—
|
3.6 | 46,030 | no change |
NEW
|
46,030 | $893,442 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TWO
TWO HBRS INVT C...
|
Real Estate | 0.15% | — |
#46
Prev: #—
|
3.6 | 81,000 | no change |
NEW
|
81,000 | $850,500 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LYB
LYONDELLBASELL ...
|
Basic Materials | 0.14% | 0.22% |
#47
10
Prev: #37
|
3.1 | 8,361 | 77.7% |
P
S
|
19,126 | $828,156 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TTD
THE TRADE DESK ...
|
Communication Services | 0.13% | 0.38% |
#48
19
Prev: #29
|
2.1 | 1,500 | 7.9% |
P
S
|
20,500 | $778,180 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VALE
VALE S A
|
Basic Materials | 0.13% | 6.59% |
#49
44
Prev: #5
|
0.1 | -449,720 | -96.5% |
P
S
|
16,277 | $756,016 | 2016 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SEE
SEALED AIR CORP...
|
Consumer Cyclical | 0.13% | — |
#50
Prev: #—
|
3.6 | 18,243 | no change |
NEW
|
18,243 | $755,807 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 171 holdings