NINE MASTS CAPITAL Ltd
Follow13F filer, CIK 1569356, CENTRAL, Hong Kong
NINE MASTS CAPITAL Ltd reported $150,561,578 across 72 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-13. Its ten largest share positions make up 97.4% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-003030
- Period
- 2025-03-31
- Reported value
- $151M
- Holdings
- 72
- Top 10 weight
- 97.4%
- New
- 10
- Sold out
- 109
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GOOGLnew | +299,274 | $46.3M |
| FOXadded | +116,556 | $6.14M |
| ONCnew | +16,716 | $4.64M |
| ASXadded | +506,770 | $4.44M |
| BABAnew | +21,679 | $2.87M |
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 |
|---|---|---|
| IVVexited | -352,000 | -$207M |
| IBITexited | -1,518,200 | -$80.5M |
| SPYexited | -83,000 | -$48.6M |
| HDBreduced | -348,181 | -$23.1M |
| ZGexited | -163,658 | -$11.6M |
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.
Back to all 11 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 190,000 | $3.29M | -135,000 |
| TTDTHE TRADE DESK INC STOK | put | 20,500 | $1.23M | 0 |
| ADBEADOBE INC COM | put | 6,500 | $1.14M | 0 |
| DDOGDATADOG INC STOK | put | 20,300 | $879K | 0 |
| AMDADVANCED MICRO DEVICES INC COM | put | 15,000 | $859K | -54,700 |
| LINLINDE PLC COM | put | 60,000 | $741K | +42,500 |
| UUNITY SOFTWARE INC Stock | put | 100,000 | $585K | -22,700 |
| AAPLAPPLE INC COM | put | 31,800 | $532K | 0 |
| XBISPDR SERIES TRUST S&P BIOTECH | put | 20,000 | $482K | 0 |
| SHOPSHOPIFY INC CL A SUB VTG SHS | call | 33,000 | $460K | 0 |
| NOWSERVICENOW INC COM | put | 1,500 | $457K | -3,500 |
| VALEVALE S A SPONSORED ADS | put | 20,000 | $446K | -243,200 |
| ABNBAIRBNB INC COM | put | 20,000 | $441K | 0 |
| AMZNAMAZON COM INC COM | put | 12,400 | $440K | 0 |
| EXPEEXPEDIA GROUP INC Stock | put | 14,300 | $392K | 0 |
| RBLXROBLOX CORP Stock | put | 44,000 | $333K | -11,000 |
| RBLXROBLOX CORP Stock | call | 40,000 | $333K | 0 |
| NFLXNETFLIX INC. COM | call | 2,000 | $317K | 0 |
| NFLXNETFLIX INC. COM | put | 3,200 | $309K | new |
| UBERUBER TECHNOLOGIES INC COM | put | 27,500 | $276K | 0 |
| SCHWCHARLES SCHWAB CORP (THE) COM | put | 31,500 | $266K | 0 |
| UUNITY SOFTWARE INC Stock | call | 100,000 | $264K | 0 |
| AAPLAPPLE INC COM | call | 16,000 | $259K | 0 |
| AXPAMERICAN EXPRESS CO COM | put | 7,200 | $259K | new |
| WBDWARNER BROS DISCOVERY INC Stock | put | 210,000 | $248K | 0 |
| WBDWARNER BROS DISCOVERY INC Stock | call | 175,000 | $242K | 0 |
| SHOPSHOPIFY INC CL A SUB VTG SHS | put | 30,000 | $232K | 0 |
| UBERUBER TECHNOLOGIES INC COM | call | 25,000 | $227K | 0 |
| ADSKAUTODESK INC Stock | put | 8,800 | $224K | 0 |
| DVNDEVON ENERGY CORP NEW Stock | put | 66,400 | $205K | 0 |
| WDCWESTERN DIGITAL CORP COM | put | 18,600 | $196K | 0 |
| XLISELECT SECTOR SPDR TR INDL | call | 72,000 | $173K | 0 |
| CTSHCOGNIZANT TECHNOLOGY SOLUTIO Stock | put | 30,000 | $162K | new |
| LINLINDE PLC COM | call | 20,000 | $146K | -13,000 |
| HONHONEYWELL INTL INC COM | call | 43,000 | $131K | 0 |
| DDDUPONT DE NEMOURS INC Stock | put | 15,000 | $127K | 0 |
| EXPEEXPEDIA GROUP INC Stock | call | 11,000 | $124K | 0 |
| DISDISNEY WALT CO COM | put | 14,000 | $121K | 0 |
| PATHUIPATH INC CL A | put | 38,500 | $116K | 0 |
| MDTMEDTRONIC PLC COM | put | 15,900 | $114K | -14,100 |
| WDAYWORKDAY INC Stock | put | 6,000 | $113K | 0 |
| TGTTARGET CORP Stock | put | 11,500 | $109K | -500 |
| WDAYWORKDAY INC Stock | call | 6,000 | $88.2K | 0 |
| ADSKAUTODESK INC Stock | call | 8,000 | $78.8K | 0 |
| DDOGDATADOG INC STOK | call | 10,000 | $78.5K | 0 |
| CTSHCOGNIZANT TECHNOLOGY SOLUTIO Stock | call | 33,000 | $60.2K | new |
| DISDISNEY WALT CO COM | call | 15,000 | $49.5K | 0 |
| MDTMEDTRONIC PLC COM | call | 5,000 | $38.5K | -10,000 |
| SNOWSNOWFLAKE INC Stock | call | 13,000 | $37.9K | 0 |
| ABNBAIRBNB INC COM | call | 10,000 | $28.1K | 0 |
| XBISPDR SERIES TRUST S&P BIOTECH | call | 20,000 | $26.7K | 0 |
| FCXFREEPORT MCMORAN INC Stock | call | 50,000 | $19.8K | -50,000 |
| NOWSERVICENOW INC COM | call | 2,000 | $19.1K | 0 |
| DDDUPONT DE NEMOURS INC Stock | call | 15,000 | $12.4K | new |
| AMZNAMAZON COM INC COM | call | 9,000 | $7.61K | 0 |
| WDCWESTERN DIGITAL CORP COM | call | 12,500 | $6.69K | 0 |
| AMDADVANCED MICRO DEVICES INC COM | call | 7,500 | $2.51K | -32,800 |
| ADBEADOBE INC COM | call | 5,000 | $2.08K | 0 |
| PATHUIPATH INC CL A | call | 22,500 | $1.8K | 0 |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| NIO INCNIO INC NOTE 4.625%10/1 | principal | 15,000 | $10.5M | +10,000 |
| PDD HOLDINGS INCPDD HOLDINGS INC NOTE 12/0 | principal | 10,000 | $9.95M | +7,000 |
Sold out in Q1 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IVVISHARES TR | 352,000 | $207M | shares |
| IBITISHARES BITCOIN TRUST ETF | 1,518,200 | $80.5M | shares |
| SPYSTATE STR SPDR S&P 500 ETF T | 83,000 | $48.6M | shares |
| NIO INCNIO INC | 17,700 | $17.5M | principal |
| ZGZILLOW GROUP INC | 163,658 | $11.6M | shares |
| NWSANEWS CORP NEW | 364,396 | $10M | shares |
| ISRLFISRAEL ACQUISITIONS CORP CL A | 400,000 | $4.52M | shares |
| NDMONUVEEN DYNAMIC MUN OPPORTUNI | 427,617 | $4.28M | shares |
| BBNBLACKROCK TAX MUNICPAL BD TR | 218,463 | $3.52M | shares |
| VOOVANGUARD INDEX FDS | 6,464 | $3.48M | shares |
| FCXFREEPORT MCMORAN INC | 85,594 | $3.26M | shares |
| BEPBROOKFIELD RENEWABLE ENERGY | 137,573 | $3.14M | shares |
| BHPBHP BILLITON LIMITED | 60,800 | $2.98M | shares |
| GRINDR INCGRINDR INC | 407,186 | $2.75M | principal |
| AMDADVANCED MICRO DEVICES INC | 21,720 | $2.62M | shares |
| NMCONUVEEN MUN CR OPPORTUNITIES | 233,908 | $2.48M | shares |
| REGNREGENERON PHARMACEUTICALS | 3,393 | $2.42M | shares |
| VALEVALE S A | 253,362 | $2.25M | shares |
| TAT&T INC | 89,287 | $2.03M | shares |
| AERAERCAP HOLDINGS NV | 20,968 | $2.01M | shares |
| EOGEOG RES INC | 15,690 | $1.92M | shares |
| PMLPIMCO MUN INCOME FD II | 236,872 | $1.92M | shares |
| ADBEADOBE INC | 4,236 | $1.88M | shares |
| KHCKRAFT HEINZ CO | 59,990 | $1.84M | shares |
| LINLINDE PLC | 4,369 | $1.83M | shares |
| BTTBLACKROCK MUN TARGET TERM TR | 84,634 | $1.74M | shares |
| COPCONOCOPHILLIPS | 17,487 | $1.73M | shares |
| FCXFREEPORT MCMORAN INC | 135,000 | $1.64M | put |
| SLBSLB LIMITED | 42,461 | $1.63M | shares |
| HYGISHARES TR | 18,972 | $1.49M | shares |
| VKTXVIKING THERAPEUTICS INC | 36,857 | $1.48M | shares |
| GRNDGRINDR INC | 80,000 | $1.43M | shares |
| HASHASBRO INC | 24,190 | $1.35M | shares |
| LEGNLEGEND BIOTECH CORP | 38,466 | $1.25M | shares |
| SCHWCHARLES SCHWAB CORP (THE) | 16,569 | $1.23M | shares |
| MDTMEDTRONIC PLC | 15,112 | $1.21M | shares |
| IWMISHARES TR | 5,300 | $1.17M | shares |
| DVNDEVON ENERGY CORP NEW | 35,299 | $1.16M | shares |
| ACNACCENTURE PLC IRELAND | 2,966 | $1.04M | shares |
| ESIELEMENT SOLUTIONS INC | 38,192 | $971K | shares |
| GTLBGITLAB INC | 15,677 | $883K | shares |
| LWLAMB WESTON HLDGS INC | 11,242 | $751K | shares |
| ACIALBERTSONS COMPANIES INC | 38,000 | $746K | shares |
| REGNREGENERON PHARMACEUTICALS | 3,400 | $706K | put |
| SLBSLB LIMITED | 42,500 | $687K | put |
| INTEGRAL AD SCIENCE HLDNG COINTEGRAL AD SCIENCE HLDNG CO | 64,291 | $671K | shares |
| AEMAGNICO EAGLE MINES LTD | 35,000 | $642K | call |
| TECKTECK RESOURCES LTD | 15,274 | $619K | shares |
| SGRYSURGERY PARTNERS INC | 28,648 | $606K | shares |
| LSPDLIGHTSPEED COMMERCE INC | 38,000 | $579K | shares |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW | 16,943 | $576K | shares |
| INTCINTEL CORP | 28,500 | $571K | shares |
| XOMEXXON MOBIL CORP | 5,295 | $570K | shares |
| TPRTAPESTRY INC | 8,544 | $558K | shares |
| ABNBAIRBNB INC | 4,228 | $556K | shares |
| NUVNUVEEN MUN VALUE FD INC | 64,507 | $554K | shares |
| LLYELI LILLY & CO | 700 | $540K | shares |
| WDSWOODSIDE ENERGY GROUP LTD | 34,317 | $522K | shares |
| BSTBLACKROCK SCIENCE & TECHNOLO | 13,972 | $511K | shares |
| NOWSERVICENOW INC | 471 | $499K | shares |
| TTDTHE TRADE DESK INC | 4,235 | $498K | shares |
| GXOGXO LOGISTICS INCORPORATED | 11,103 | $483K | shares |
| PANWPALO ALTO NETWORKS INC | 2,554 | $465K | shares |
| BKRBAKER HUGHES COMPANY | 70,000 | $441K | call |
| SNOWSNOWFLAKE INC | 20,000 | $428K | put |
| LYBLYONDELLBASELL INDUSTRIES NV | 5,725 | $425K | shares |
| UBERUBER TECHNOLOGIES INC | 6,924 | $418K | shares |
| KHCKRAFT HEINZ CO | 60,000 | $408K | put |
| INCYINCYTE CORP | 5,732 | $396K | shares |
| TMUST-MOBILE US INC | 20,000 | $392K | put |
| MUJBLACKROCK MUNIHLDGS NJ QLTY | 34,224 | $379K | shares |
| TTWOTAKE-TWO INTERACTIVE SOFTWAR | 2,017 | $371K | shares |
| EOGEOG RES INC | 16,000 | $307K | put |
| KWEBKRANESHARES TRUST | 9,985 | $292K | shares |
| NDAQNASDAQ INC | 3,541 | $274K | shares |
| PMOFRANKLIN MUN OPPORTUNITIES T | 26,736 | $271K | shares |
| XBKNXBLACKROCK INVEST QLTY MUNI | 24,119 | $269K | shares |
| INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS | 9,278 | $260K | shares |
| ANFABERCROMBIE & FITCH CO | 1,691 | $253K | shares |
| NEMNEWMONT CORP | 6,612 | $246K | shares |
| GOOSCANADA GOOSE HLDGS INC | 21,172 | $212K | shares |
| MUCBLACKROCK MUNIHLDNGS CALI | 19,706 | $209K | shares |
| XOMEXXON MOBIL CORP | 11,500 | $195K | put |
| DDDUPONT DE NEMOURS INC | 2,549 | $194K | shares |
| WBDWARNER BROS DISCOVERY INC | 18,127 | $192K | shares |
| APIAGORA INC | 44,000 | $183K | shares |
| LEOBNY MELLON STRATEGIC MUNS IN | 26,608 | $161K | shares |
| GEHCGE HEALTHCARE TECHNOLOGIES I | 20,000 | $137K | call |
| CCLCARNIVAL CORP | 3,000,000 | $135K | put |
| GEHCGE HEALTHCARE TECHNOLOGIES I | 15,900 | $127K | put |
| TGTTARGET CORP | 10,000 | $82.2K | call |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW | 34,200 | $60.9K | call |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW | 12,000 | $55.2K | put |
| FISCALNOTE HOLDINGS INCFISCALNOTE HOLDINGS INC | 299,447 | $46.7K | principal |
| XOMEXXON MOBIL CORP | 8,200 | $26.2K | call |
| WDCWESTERN DIGITAL CORP | 294 | $17.5K | shares |
| INTCINTEL CORP | 483,000 | $16.9K | call |
| ISLWFISRAEL ACQUISITIONS CORP WT EX | 400,000 | $16K | principal |
| DUN & BRADSTREET HLDGS INCDUN & BRADSTREET HLDGS INC | 27,600 | $15.2K | put |
| EOGEOG RES INC | 16,000 | $6K | call |
| AALAMERICAN AIRLINES GROUP INC | 1,180,000 | $5.9K | put |
| REGNREGENERON PHARMACEUTICALS | 2,500 | $5.5K | call |
| BKRBAKER HUGHES COMPANY | 70,000 | $5.25K | put |
| PRENWPRENETICS GLOBAL LTD | 362,456 | $2.83K | principal |
| COPCONOCOPHILLIPS | 17,500 | $1.75K | call |
| SLBSLB LIMITED | 42,500 | $1.7K | call |
| AEMAGNICO EAGLE MINES LTD | 53,500 | $1.34K | put |
| VALEVALE S A | 200,000 | $1K | call |
| KHCKRAFT HEINZ CO | 60,000 | $300 | call |
How Q1 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 0001085146-25-003030 | base | 2025-05-13 | acceptance time not in the bulk data set |