Ovata Capital Management Ltd

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Ovata Capital Management Ltd maintained a portfolio of 54 distinct positions. The most significant new addition to the portfolio was CyberArk Software Lt, which now represents 3.03% of the total fund value. They heavily accumulated shares in Ryanair Holdings PLC, increasing their position by 262.7%. Conversely, Ovata Capital Management Ltd completely exited their position in Uber Technologies In.
PCA Score Concentration Risk
Risk ENB
Total Positions
54
Quarter
2025 Q4
Top Holding
RYAAY (13.5%)
Top 10 Concentration
71.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 54
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
RYAAY
Ryanair Holding...
Industrials 13.48% 3.25% #1 9
Prev: #10
9.0 710,791 262.7%
P
S
981,383 $71,968,867 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
Taiwan Semicond...
Technology 12.60% 11.87% #2
Prev: #2
6.5 no change no change
P
S
218,258 $67,272,722 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
Alibaba Group H...
Bond/Debt 10.68% 11.40% #3
Prev: #3
6.0 no change no change
P
S
31,000,000 $57,003,730 13F Filing 2025-12-31 2026-02-14 (Est.)
IBIT
iShares Bitcoin...
Bond/Debt 10.60% 14.80% #4 3
Prev: #1
5.5 no change no change
P
S
1,142,805 $56,596,275 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
Spotify USA Inc
Bond/Debt 6.54% 6.99% #5
Prev: #5
4.1 no change no change
P
S
25,500,000 $34,932,960 13F Filing 2025-12-31 2026-02-14 (Est.)
FBTC
Fidelity Wise O...
Unknown 4.21% 5.88% #6
Prev: #6
2.7 no change no change
P
S
295,558 $22,490,642 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
Ford Motor Co
Bond/Debt 3.80% 4.06% #7 1
Prev: #8
2.5 no change no change
P
S
20,000,000 $20,279,400 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
H World Group L...
Bond/Debt 3.33% 3.56% #8 1
Prev: #9
2.3 no change no change
P
S
16,000,000 $17,773,120 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
Coinbase Global...
Bond/Debt 3.04% 3.24% #9 2
Prev: #11
2.2 no change no change
P
S
14,605,000 $16,215,639 13F Filing 2025-12-31 2026-02-14 (Est.)
CYBR
CyberArk Softwa...
Technology 3.03% #10
Prev: #—
4.7 36,280 no change
NEW
36,280 $16,183,057 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BABA
Alibaba Group H...
Consumer Cyclical 2.97% 5.24% #11 4
Prev: #7
1.2 -41,759 -29.0%
P
S
102,096 $15,867,050 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
Trip.com Group ...
Bond/Debt 2.39% 2.55% #12
Prev: #12
2.0 no change no change
P
S
10,000,000 $12,763,700 13F Filing 2025-12-31 2026-02-14 (Est.)
FOX
Fox Corp
Communication Services 2.15% 1.28% #13 5
Prev: #18
3.9 65,000 58.3%
P
S
176,555 $11,463,716 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HDB
HDFC Bank Ltd
Financial Services 1.88% #14
Prev: #—
4.3 277,332 no change
NEW
277,332 $10,022,195 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
NIO Inc
Bond/Debt 1.68% 1.79% #15 1
Prev: #16
1.7 no change no change
P
S
8,500,000 $8,951,775 13F Filing 2025-12-31 2026-02-14 (Est.)
CAS
Simplify China ...
ETF 1.67% 2.54% #16 3
Prev: #13
1.7 no change no change
P
S
360,000 $8,911,884 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RIO
Rio Tinto PLC
Basic Materials 1.52% 1.86% #17 2
Prev: #15
0.6 -40,400 -28.7%
P
S
100,371 $8,089,303 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TCOM
Trip.com Group ...
Consumer Cyclical 1.49% 1.26% #18 1
Prev: #19
3.1 29,094 35.3%
P
S
111,412 $7,930,087 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
JBS NV
Unknown 1.35% 0.08% #19 20
Prev: #39
3.5 472,575 1724.2%
P
S
499,983 $7,209,755 13F Filing 2025-12-31 2026-02-14 (Est.)
UAA
Under Armour In...
Consumer Cyclical 1.30% 1.40% #20 3
Prev: #17
1.5 no change no change
P
S
1,398,745 $6,951,763 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CWAN
Clearwater Anal...
Technology 1.28% #21
Prev: #—
4.0 282,380 no change
NEW
282,380 $6,811,006 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
Weibo Corp
Bond/Debt 1.10% 1.17% #22 2
Prev: #20
1.4 no change no change
P
S
4,500,000 $5,848,875 13F Filing 2025-12-31 2026-02-14 (Est.)
ASX
ASE Technology ...
Technology 1.08% 2.08% #23 9
Prev: #14
0.4 -594,501 -62.8%
P
S
352,320 $5,784,790 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BEP
Brookfield Rene...
Utilities 0.91% 0.90% #24 3
Prev: #21
0.9 5,855 3.3%
P
S
180,781 $4,875,664 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IBN
ICICI Bank Ltd
Financial Services 0.81% #25
Prev: #—
3.8 144,100 no change
NEW
144,100 $4,306,073 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
Uber Technologi...
Bond/Debt 0.00% 7.45%
Sold All 😨
(Was: #4)
0.0 -30,530,000 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
PDD Holdings In...
Bond/Debt 0.00% 0.60%
Sold All 😨
(Was: #23)
0.0 -3,000,000 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
IAC
IAC Inc
Communication Services 0.00% 0.48%
Sold All 😨
(Was: #25)
0.0 -70,098 -100.0%
CLOSED
$— 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MIR
Mirion Technolo...
Industrials 0.00% 0.47%
Sold All 😨
(Was: #27)
0.0 -100,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HEI
HEICO Corp
Industrials 0.00% 0.25%
Sold All 😨
(Was: #30)
0.0 -5,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ARM
ARM Holdings PL...
Technology 0.00% 0.22%
Sold All 😨
(Was: #31)
0.0 -7,605 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HOLX
Hologic Inc
Healthcare 0.00% 0.11%
Sold All 😨
(Was: #35)
0.0 -7,894 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CHA
Chagee Holdings...
Consumer Cyclical 0.00% 0.09%
Sold All 😨
(Was: #37)
0.0 -27,500 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SANA
Sana Biotechnol...
Healthcare 0.00% 0.07%
Sold All 😨
(Was: #40)
0.0 -100,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 54 holdings

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