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NINE MASTS CAPITAL Ltd

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1569356
Institutional-grade research for retail investors

Sector Allocation

  • Other35.1%$315.5M
  • Consumer Discretionary17.8%$160.1M
  • Financials15.9%$142.9M
  • Technology9.3%$83.2M
  • Communication Services8.4%$75.1M
  • Industrials5.6%$50.6M
  • Consumer Staples2.3%$20.3M
  • Utilities2.1%$18.8M
  • Healthcare2.1%$18.5M
  • Energy0.7%$6.2M

AUM History

13fpro.ai/research/fund/nine-masts-capital-ltd-1569356

Conviction and streaks

Concentrating · top 10 = 76.7%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

FOX$FOXConviction hold3.3% weight · held 10 quartersNIO$NIOConviction hold1.8% weight · held 7 quartersTXNM$TXNMConviction hold0.9% weight · held 5 quartersASX$ASXConviction hold0.8% weight · held 8 quartersRYAAY$RYAAYConviction hold0.1% weight · held 5 quartersTXNM$TXNMAccumulating+608% shares · 4 quarters runningHDB$HDBAccumulating+4026% shares · 3 quarters runningWBD$WBDAccumulating+54369% shares · 3 quarters runningCOP$COPAccumulating+78% shares · 3 quarters runningKVUE$KVUEAccumulating+447% shares · 2 quarters runningRYAAY$RYAAYTrimming-95% shares · 4 quarters runningNSC$NSCTrimming-68% shares · 2 quarters runningRNW$RNWTrimming-49% shares · 2 quarters runningZ$ZTrimming-41% shares · 2 quarters running

Largest positions — Q2 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/nine-masts-capital-ltd-1569356

NINE MASTS CAPITAL Ltd 13F holdings — Q2 2026

$994.7M portfolio (+33.3% QoQ) · 170 holdings · Q2 2026 13F · top 10 are 77% of the stock portfolio

Includes $96.0M of put/call options ($25.1M puts, $70.9M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $898.7M. Weights use the stock portfolio.

All holdings — NINE MASTS CAPITAL Ltd (Q2 2026)

170 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
SPY$SPYCALLSPDR S&P 500 ETF TRUST$47.1M-98%
NSC$NSCNORFOLK SOUTHERN CORP$16.1M-40%
AKAM$AKAMAKAMAI TECHNOLOGIES INCnote$14.6MNew
BCS$BCSBARCLAYS PLCadr$13.3MNew
QRVO$QRVOQorvo, Inc.$12.1M+4%
ROKU$ROKUROKU, INC$11.5MNew
WBS$WBSWEBSTER FINANCIAL CORP$8.5M-62%
LYG$LYGLloyds Banking Group plcadr$8.1MNew
JD$JDJD.com, Inc.adr$8.0M—
TXNM$TXNMTXNM ENERGY INC$7.9M+38%
PEN$PENPenumbra Inc$7.3M-2%
ASX$ASXASE Technology Holding Co., Ltd.adr$7.1M-80%
PANW$PANWCALLPalo Alto Networks Inc$6.6M-99%
GTLS$GTLSCHART INDUSTRIES INC$6.4MNew
BLD$BLDQXO Insulation, LLC$6.0MNew

What changed in Q2 2026

Against the previous quarter's 13F: 68 new, 15 added to, 79 trimmed, 146 sold out. Share-count changes; largest moves by dollar size first.

New positions (68)

  • SMCI$SMCISuper Micro Computer, Inc.$16.2M

    first bought this quarter

  • AKAM$AKAMAKAMAI TECHNOLOGIES INC$14.6M

    first bought this quarter

  • BCS$BCSBARCLAYS PLC$13.3M

    first bought this quarter

  • ROKU$ROKUROKU, INC$11.5M

    first bought this quarter

  • LYG$LYGLloyds Banking Group plc$8.1M

    first bought this quarter

  • GTLS$GTLSCHART INDUSTRIES INC$6.4M

    first bought this quarter

+62 more in the Excel export

Added to (15)

  • HDB$HDBHDFC BANK LTD+105%

    now $100.9M · held 2 qtrs, 2 adds in a row

  • KVUE$KVUEKenvue Inc.+72%

    now $20.3M · held 3+ qtrs, 2 adds in a row

  • TXNM$TXNMTXNM ENERGY INC+38%

    now $7.9M · held 3+ qtrs, 2 adds in a row

  • WBD$WBDWarner Bros. Discovery, Inc.+5%

    now $29.9M · held 3+ qtrs, 2 adds in a row

  • PDD$PDDPDD Holdings Inc.+260%

    now $1.8M · held 3+ qtrs

  • NDAQ$NDAQNASDAQ, INC.+107%

    now $2.1M · held 2 qtrs, 2 adds in a row

+9 more in the Excel export

Trimmed (79)

  • SPY$SPYCALLSPDR S&P 500 ETF TRUST-98%

    now $47.1M

  • PANW$PANWCALLPalo Alto Networks Inc-99%

    now $6.6M

  • ZS$ZSPUTZscaler, Inc.-99%

    now $1.9M

  • PLTR$PLTRPUTPalantir Technologies Inc.-99%

    now $3.3M

  • COP$COPPUTCONOCOPHILLIPS-99%

    now $2.4M

  • META$METAPUTMeta Platforms, Inc.-99%

    now $1.5M

+73 more in the Excel export

Sold out (146)

  • CALLISHARES TRwas $52.5M
  • QQQ$QQQINVESCO QQQ TRUST, SERIES 1was $19.1M

    held 2+ qtrs

  • HOLX$HOLXHOLOGIC INCwas $17.0M

    held 2+ qtrs

  • CWAN$CWANClearwater Analytics Holdings, Inc.was $13.8M

    held 2+ qtrs

  • ORACLE CORPwas $9.9M
  • GPN$GPNGLOBAL PAYMENTS INCwas $7.5M

    held 1 qtr

+140 more in the Excel export

Share

Holdings by quarter

Every 13F NINE MASTS CAPITAL Ltd has filed, 38 earlier quarters. Pick one to see what it held then.

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Is it too late to follow NINE MASTS CAPITAL Ltd?

Q2 2026 13F filed with the SEC on Aug 7, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of NINE MASTS CAPITAL Ltd's top 20 holdings: 57/100 (our AI quality score, weighted by position size; 14 of the 20 are scored)

Top 10 since filing

-6.7%

Value-weighted move of the 10 largest stock positions

Turnover

31%

Last quarter

Top 10 weight

77%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

0%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

NINE MASTS CAPITAL Ltd disclosed 170 positions worth $994.7M in its Form 13F-HR for Q2 2026 — $898.7M in common stock plus $96.0M of put/call option positions (reported at underlying notional value, not premium at risk), led by $SPY (SPDR S&P 500 ETF TRUST) at 34.5% of the equity portfolio, followed by $BABA and $HDB. During the quarter the fund opened 68 new positions and exited 146 — including a new stake in $SMCI. The portfolio is most concentrated in Other (35.1% of disclosed assets). All figures are sourced directly from NINE MASTS CAPITAL Ltd’s Form 13F-HR filing with the SEC under CIK 1569356.

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AI-Powered Hedge Fund Analysis: NINE MASTS CAPITAL Ltd

13F Pro is an AI hedge fund tracker and stock research platform. For NINE MASTS CAPITAL Ltd (SEC CIK: 1569356), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in NINE MASTS CAPITAL Ltd's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.