Kawa Capital Management
HALLANDALE BEACH, FLfiles as Kawa Capital Management, Inc
$43m in 4 US stocks at the end of 31 December 2025. The top 10 are 100.0% of the money. It changed about 27.2% of the portfolio this quarter.
Value
$43m
Stocks
4
Top 10 share
100.0%
Turnover
27.2%
What changed this quarter
New
Bought for the first time this quarter.
- Alexandria Real Estate EquitiesARE18.3% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Vale S AVALE16.3% of the fund-49%
Sold out
Sold their entire stake.
- GerdauGGB-100%
- Delek US HoldingsDK-100%
Holdings
- Vale S AVALE
- Share
- 16.3%
- Value
- $7m
- Shares
- 520,000
-49%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Brandywine Realty TrustBDN | 36.4% | $16m | 3,923,145 | Held |
| Orion PropertiesONL | 29.0% | $13m | 5,474,027 | Held |
| Alexandria Real Estate EquitiesARE | 18.3% | $8m | 160,000 | New |
| Vale S AVALE | 16.3% | $7m | 520,000 | -49% |
Over time and by industry
Value over time
Jun '25
Dec '25
Value is down 21.2% since 30 June 2025.
Where the money is
Real estate83.7%
Other16.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.