Headwater Capital Co Ltd
Follow13F filer, CIK 2036346, HONG KONG, China
Headwater Capital Co Ltd reported $408,762,304 across 17 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-12. Its ten largest share positions make up 86.87% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0002036346-25-000009
- Period
- 2025-09-30
- Reported value
- $409M
- Holdings
- 17
- Top 10 weight
- 86.87%
- New
- 9
- Sold out
- 5
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GOOGadded | +233,000 | $56.7M |
| AMZNnew | +100,000 | $22M |
| BABAnew | +120,000 | $21.4M |
| LITEnew | +125,000 | $20.3M |
| MUnew | +120,000 | $20.1M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| METAreduced | -50,000 | -$36.7M |
| MSFTexited | -50,000 | -$24.9M |
| LULUexited | -53,000 | -$12.6M |
| BEKEexited | -500,000 | -$8.87M |
| MARreduced | -30,000 | -$7.81M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2025
Share positions as resolved from 13F-HR 0002036346-25-000009, largest first. % of portfolio is the value over $408,762,304, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| TSMTAIWAN SEMICONDUCTOR MANUFAC | 312,000 | $87.1M | 21.32% | +32,000 | Timeline | ||
| GOOGALPHABET INC | 333,000 | $81.1M | 19.84% | +233,000 | Timeline | ||
| METAMETA PLATFORMS INC | 50,000 | $36.7M | 8.98% | -50,000 | Timeline | ||
| TCOMTRIP COM GROUP LTD | 370,000 | $27.8M | 6.81% | -30,000 | Timeline | ||
| AMZNAMAZON COM INC | 100,000 | $22M | 5.37% | new | Timeline | ||
| BABAALIBABA GROUP HLDG LTD | 120,000 | $21.4M | 5.25% | new | Timeline | ||
| LITELUMENTUM HLDGS INC | 125,000 | $20.3M | 4.98% | new | Timeline | ||
| MUMICRON TECHNOLOGY INC | 120,000 | $20.1M | 4.91% | new | Timeline | ||
| PDDPDD HOLDINGS INC | 150,000 | $19.8M | 4.85% | -50,000 | Timeline | ||
| NVDANVIDIA CORPORATION | 100,000 | $18.7M | 4.56% | new | Timeline | ||
| TRIPTRIPADVISOR INC | 920,000 | $15M | 3.66% | new | Timeline | ||
| MARMARRIOTT INTL INC NEW | 50,000 | $13M | 3.19% | -30,000 | Timeline | ||
| HTHTH WORLD GROUP LTD | 250,000 | $9.78M | 2.39% | new | Timeline | ||
| ATATATOUR LIFESTYLE HLDGS LTD | 180,000 | $6.77M | 1.66% | new | Timeline | ||
| YUMCYUM CHINA HLDGS INC | 119,700 | $5.14M | 1.26% | -99,850 | Timeline | ||
| OPRAOPERA LTD | 100,000 | $2.06M | 0.5% | +50,000 | Timeline | ||
| INVESCO QQQ TRINVESCO QQQ TR | 3,300 | $1.95M | 0.48% | new |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| MSFTMICROSOFT CORP | 50,000 | $24.9M | shares |
| LULULULULEMON ATHLETICA INC | 53,000 | $12.6M | shares |
| BEKEKE HLDGS INC | 500,000 | $8.87M | shares |
| GOOSCANADA GOOSE HLDGS INC | 660,000 | $7.39M | shares |
| INVESCO QQQ TRINVESCO QQQ TR | 2,520 | $2.49M | put |
How Q3 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0002036346-25-000009 | base | 2025-11-12 | acceptance time not in the bulk data set |