Q3 2025 · 13F-HR
NINE MASTS CAPITAL Ltdholdings as filed
Filed 2025-11-13 · accession 0001569356-25-000004
$243.5M
Reported value
76
Positions
2025-09-30
Period end
The Brief · NINE MASTS CAPITAL Ltd · Q3 2025
AI · grounded in 13F
NINE MASTS CAPITAL Ltd established a new position in GOOG valued at $52.6M. The fund also initiated new stakes in FOX for $36.2M and VALE for $21.9M. Other new additions include HDB and POH3. The fund ended the period with 53 positions and total AUM of $243.5M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 02079K107 | GOOG | ALPHABET INC | $52.6M | 21.6% | 216,087 | Common | SOLE |
| 35137L204 | FOX | FOX CORP | $36.2M | 14.9% | 632,375 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $19.4M | 7.98% | 568,939 | Common | SOLE |
| 14365C103 | POH3 | CARNIVAL PLC | $17.6M | 7.23% | 665,643 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $16.1M | 6.59% | 465,997 | Common | SOLE |
| 62482R107 | 07WA | MR COOPER GROUP INC | $10.3M | 4.22% | 48,789 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $10.1M | 4.17% | 168,510 | Common | SOLE |
| 00215W100 | ASX | ASE TECHNOLOGY HLDG CO LTD | $9.3M | 3.83% | 841,686 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $7.5M | 3.09% | 78,872 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $5.2M | 2.14% | 100,000 | CALL | SOLE |
| G49667101 | ISLWF | ISRAEL ACQUISITIONS CORP | $5.0M | 2.07% | 400,000 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC | $4.9M | 2.02% | 36,004 | Common | SOLE |
| 62914VAK2 | NIO 4.625 10/15/30 | NIO INC | $4.6M | 1.88% | 4,350 | Common | SOLE |
| 939653101 | ELME | ELME COMMUNITIES | $4.2M | 1.71% | 247,242 | Common | SOLE |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PARE | $3.8M | 1.57% | 102,381 | Common | SOLE |
| 39854F101 | GRND | GRINDR INC | $3.6M | 1.49% | 241,300 | Common | SOLE |
| 11276H106 | BIPC | BROOKFIELD INFRASTRUCTURE CO | $2.7M | 1.10% | 65,261 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $2.5M | 1.01% | 200,000 | CALL | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $2.4M | 0.98% | 42,000 | Common | SOLE |
| 50202M102 | LI | LI AUTO INC | $1.8M | 0.74% | 69,296 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $1.6M | 0.67% | 11,000 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $1.6M | 0.64% | 100,000 | CALL | SOLE |
| 405552100 | HLN | HALEON PLC | $1.5M | 0.60% | 163,003 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $1.4M | 0.56% | 175,000 | CALL | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $1.4M | 0.56% | 20,500 | PUT | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $1.3M | 0.55% | 39,500 | CALL | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $1.2M | 0.50% | 1,317 | Common | SOLE |
| 25179M103 | DVN | DEVON ENERGY CORP NEW | $1.0M | 0.43% | 29,868 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $931,190 | 0.38% | 19,000 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $895,348 | 0.37% | 7,941 | Common | SOLE |
| 98422D105 | XPEV | XPENG INC | $739,459 | 0.30% | 30,887 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $637,500 | 0.26% | 2,000 | CALL | SOLE |
| 91912E105 | VALE | VALE S A | $624,490 | 0.26% | 19,700 | PUT | SOLE |
| 46131H107 | VVR | INVESCO SR INCOME TR | $607,015 | 0.25% | 175,438 | Common | SOLE |
| 87612E106 | TGT | TARGET CORP | $556,250 | 0.23% | 25,000 | CALL | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $554,585 | 0.23% | 5,809 | Common | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES N | $527,916 | 0.22% | 10,765 | Common | SOLE |
| 980228308 | WDS | WOODSIDE ENERGY GROUP LTD | $522,955 | 0.21% | 34,317 | Common | SOLE |
| 98400T106 | — | XAI OCTAGN FLT RAT & ALT INM | $502,546 | 0.21% | 94,820 | Common | SOLE |
| 530715AL5 | LINTA 3.75 02/15/30 | LIBERTY MEDIA CORP DEL | $444,000 | 0.18% | 4,800 | Common | SOLE |
| 759530108 | RELX | RELX PLC | $443,404 | 0.18% | 9,284 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $388,800 | 0.16% | 16,000 | CALL | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $337,875 | 0.14% | 1,500 | PUT | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $311,566 | 0.13% | 938 | Common | SOLE |
| 644393100 | NFE | NEW FORTRESS ENERGY INC | $301,385 | 0.12% | 1,722,200 | PUT | SOLE |
| 981064108 | WF | WOORI FINL GROUP INC | $273,338 | 0.11% | 4,868 | Common | SOLE |
| G0250X107 | AMCR | AMCOR PLC | $269,940 | 0.11% | 33,000 | Common | SOLE |
| 771049103 | RBLX | ROBLOX CORP | $256,401 | 0.11% | 1,851 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $247,125 | 0.10% | 15,000 | CALL | SOLE |
| 23804L103 | DDOG | DATADOG INC | $238,525 | 0.10% | 20,300 | PUT | SOLE |
| 23804L103 | DDOG | DATADOG INC | $216,750 | 0.09% | 10,000 | CALL | SOLE |
| 530715AG6 | LINTA 4 11/15/29 | LIBERTY MEDIA CORP DEL | $202,065 | 0.08% | 2,127 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $178,613 | 0.07% | 16,500 | PUT | SOLE |
| 25179M103 | DVN | DEVON ENERGY CORP NEW | $168,324 | 0.07% | 66,400 | PUT | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $168,000 | 0.07% | 30,000 | CALL | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $146,000 | 0.06% | 20,000 | PUT | SOLE |
| 23804L103 | DDOG | DATADOG INC | $125,739 | 0.05% | 883 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $117,660 | 0.05% | 15,900 | PUT | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $109,250 | 0.04% | 11,500 | PUT | SOLE |
| 037833100 | AAPL | APPLE INC | $90,630 | 0.04% | 31,800 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $69,300 | 0.03% | 20,000 | PUT | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $50,750 | 0.02% | 10,000 | PUT | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $41,400 | 0.02% | 7,200 | PUT | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $37,170 | 0.02% | 31,500 | PUT | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $36,000 | 0.01% | 20,000 | CALL | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $35,300 | 0.01% | 20,000 | CALL | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $30,000 | 0.01% | 3,000,000 | PUT | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $24,150 | 0.01% | 210,000 | PUT | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $23,800 | 0.01% | 40,000 | PUT | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $23,680 | 0.01% | 3,200 | PUT | SOLE |
| G54950103 | LIN | LINDE PLC | $21,548 | 0.01% | 50,700 | PUT | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $20,500 | 0.01% | 100,000 | PUT | SOLE |
| 87612E106 | TGT | TARGET CORP | $19,525 | 0.01% | 27,500 | PUT | SOLE |
| 487836108 | K | KELLANOVA | $13,000 | 0.01% | 40,000 | PUT | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $6,437 | 0.00% | 8,200 | CALL | SOLE |
| 771049103 | RBLX | ROBLOX CORP | $4,675 | 0.00% | 11,000 | PUT | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.