Ovata Capital Management
HONG KONG, K3files as Ovata Capital Management Ltd
$1.3bn in 43 US stocks at the end of 30 June 2026. The top 10 are 64.7% of the money. It changed about 64.9% of the portfolio this quarter.
Value
$1.3bn
Stocks
43
Top 10 share
64.7%
Turnover
64.9%
What changed this quarter
New
Bought for the first time this quarter.
- Seagate HDD Cayman26.8% of the fund
- Cloudflare5.3% of the fund
- Wayfair3.5% of the fund
- Akamai Technologies3.2% of the fund
- Echostar2.9% of the fund
- Etsy2.5% of the fund
- Sofi Technologies2.2% of the fund
- Pebblebrook Hotel TR2.1% of the fund
- Lantheus Hldgs2.0% of the fund
- PTC Therapeutics1.6% of the fund
- Lyft1.2% of the fund
- Uber Technologies1.1% of the fund
- Shift4 Pmts0.9% of the fund
- Icici BankIBN0.9% of the fund
- JBSJBS0.7% of the fund
- Upwork0.6% of the fund
- EchoStarECHO0.5% of the fund
- Alarm COM Hldgs0.4% of the fund
- Marriott Vacations Worldwide0.4% of the fund
- Pershing Square USAPSUS0.3% of the fund
- Liberty Live HoldingsLLYVK0.2% of the fund
- Wayfair0.2% of the fund
- People Inc.PPLI0.1% of the fund
- IntelINTC<0.1% of the fund
- InfosysINFY<0.1% of the fund
Added
Bought more of a stock they already held.
- WEC Energy Group6.4% of the fund+155%
- PPL CAP FDG5.8% of the fund+35%
- Pinnacle West CAP3.3% of the fund+64%
- Ormat Technologies3.1% of the fund+334%
- Southern Company2.8% of the fund+74%
- Alibaba Group Hldg2.7% of the fund+17%
- ASE Technology HldgASX2.3% of the fund+240%
- Warner Bros. DiscoveryWBD0.3% of the fund+76%
Cut
Sold some of their stake.
- Ryanair HoldingsRYAAY3.5% of the fund-45%
- Ishares Bitcoin Trust ETFIBIT2.8% of the fund-3%
- Starwood Ppty TR1.1% of the fund-3%
- Grayscale Bitcoin Mini TR ETBTC1.1% of the fund-3%
- Fidelity Wise Origin BitcoinFBTC1.0% of the fund-10%
- Alibaba Group HldgBABA<0.1% of the fund-80%
Sold out
Sold their entire stake.
- Jazz Investments I-100%
- Taiwan Semiconductor ManufacturingTSM-100%
- Coinbase Global-100%
- Centerpoint Energy-100%
- MKS-100%
- NextEra Energy-100%
- Whirlpool-100%
- Under ArmourUAA-100%
- H World Group-100%
- NIO-100%
- LI Auto-100%
- Trip COM GroupTCOM-100%
- Callaway Golf-100%
- Iqiyi-100%
- SunococorpSUNC-100%
- Flowco HoldingsFLOC-100%
- Sealed Air Corp New-100%
- BaiduBIDU-100%
- LI AutoLI-100%
- Sony GroupSONY-100%
- Honda MotorHMC-100%
- Beyond Meat-100%
Holdings
- Seagate HDD Cayman
- Share
- 26.8%
- Value
- $357m
- Shares
- 30,559,000
New
- WEC Energy Group
- Share
- 6.4%
- Value
- $85m
- Shares
- 70,000,000
+155%
- PPL CAP FDG
- Share
- 5.8%
- Value
- $77m
- Shares
- 67,500,000
+35%
- Cloudflare
- Share
- 5.3%
- Value
- $71m
- Shares
- 55,000,000
New
- Ryanair HoldingsRYAAY
- Share
- 3.5%
- Value
- $47m
- Shares
- 731,344
-45%
- Wayfair
- Share
- 3.5%
- Value
- $47m
- Shares
- 30,684,000
New
- Pinnacle West CAP
- Share
- 3.3%
- Value
- $44m
- Shares
- 37,000,000
+64%
- Akamai Technologies
- Share
- 3.2%
- Value
- $42m
- Shares
- 35,000,000
New
- Ormat Technologies
- Share
- 3.1%
- Value
- $41m
- Shares
- 32,562,000
+334%
- Echostar
- Share
- 2.9%
- Value
- $39m
- Shares
- 12,500,000
New
- Southern Company
- Share
- 2.8%
- Value
- $38m
- Shares
- 34,000,000
+74%
- Ishares Bitcoin Trust ETFIBIT
- Share
- 2.8%
- Value
- $37m
- Shares
- 1,108,805
-3%
- Alibaba Group Hldg
- Share
- 2.7%
- Value
- $36m
- Shares
- 30,500,000
+17%
- Etsy
- Share
- 2.5%
- Value
- $34m
- Shares
- 33,000,000
New
- ASE Technology HldgASX
- Share
- 2.3%
- Value
- $31m
- Shares
- 729,047
+240%
- Sofi Technologies
- Share
- 2.2%
- Value
- $29m
- Shares
- 27,995,000
New
- Pebblebrook Hotel TR
- Share
- 2.1%
- Value
- $27m
- Shares
- 27,718,000
New
- Lantheus Hldgs
- Share
- 2.0%
- Value
- $27m
- Shares
- 18,500,000
New
- PTC Therapeutics
- Share
- 1.6%
- Value
- $22m
- Shares
- 14,080,000
New
- Lyft
- Share
- 1.2%
- Value
- $16m
- Shares
- 15,000,000
New
- Starwood Ppty TR
- Share
- 1.1%
- Value
- $15m
- Shares
- 15,000,000
-3%
- Grayscale Bitcoin Mini TR ETBTC
- Share
- 1.1%
- Value
- $14m
- Shares
- 551,872
-3%
- Uber Technologies
- Share
- 1.1%
- Value
- $14m
- Shares
- 12,232,000
New
- Fidelity Wise Origin BitcoinFBTC
- Share
- 1.0%
- Value
- $14m
- Shares
- 265,558
-10%
- Shift4 Pmts
- Share
- 0.9%
- Value
- $12m
- Shares
- 12,500,000
New
- Upwork
- Share
- 0.6%
- Value
- $8m
- Shares
- 8,329,000
New
- Alarm COM Hldgs
- Share
- 0.4%
- Value
- $6m
- Shares
- 6,000,000
New
- Marriott Vacations Worldwide
- Share
- 0.4%
- Value
- $5m
- Shares
- 5,000,000
New
- Pershing Square USAPSUS
- Share
- 0.3%
- Value
- $4m
- Shares
- 115,073
New
- Wayfair
- Share
- 0.2%
- Value
- $2m
- Shares
- 2,500,000
New
- InfosysINFY
- Share
- <0.1%
- Value
- $1m
- Shares
- 100,062
New
- Alibaba Group HldgBABA
- Share
- <0.1%
- Value
- $614,272
- Shares
- 6,400
-80%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Seagate HDD Cayman | 26.8% | $357m | 30,559,000 | New |
| WEC Energy Group | 6.4% | $85m | 70,000,000 | +155% |
| PPL CAP FDG | 5.8% | $77m | 67,500,000 | +35% |
| Cloudflare | 5.3% | $71m | 55,000,000 | New |
| HDFC BankHDB | 3.8% | $51m | 1,972,276 | Held |
| Ryanair HoldingsRYAAY | 3.5% | $47m | 731,344 | -45% |
| Wayfair | 3.5% | $47m | 30,684,000 | New |
| Pinnacle West CAP | 3.3% | $44m | 37,000,000 | +64% |
| Akamai Technologies | 3.2% | $42m | 35,000,000 | New |
| Ormat Technologies | 3.1% | $41m | 32,562,000 | +334% |
| Echostar | 2.9% | $39m | 12,500,000 | New |
| Southern Company | 2.8% | $38m | 34,000,000 | +74% |
| Ishares Bitcoin Trust ETFIBIT | 2.8% | $37m | 1,108,805 | -3% |
| Alibaba Group Hldg | 2.7% | $36m | 30,500,000 | +17% |
| Etsy | 2.5% | $34m | 33,000,000 | New |
| ASE Technology HldgASX | 2.3% | $31m | 729,047 | +240% |
| Sofi Technologies | 2.2% | $29m | 27,995,000 | New |
| Pebblebrook Hotel TR | 2.1% | $27m | 27,718,000 | New |
| Lantheus Hldgs | 2.0% | $27m | 18,500,000 | New |
| PTC Therapeutics | 1.6% | $22m | 14,080,000 | New |
| Lyft | 1.2% | $16m | 15,000,000 | New |
| Starwood Ppty TR | 1.1% | $15m | 15,000,000 | -3% |
| Grayscale Bitcoin Mini TR ETBTC | 1.1% | $14m | 551,872 | -3% |
| Uber Technologies | 1.1% | $14m | 12,232,000 | New |
| Fidelity Wise Origin BitcoinFBTC | 1.0% | $14m | 265,558 | -10% |
| Shift4 Pmts | 0.9% | $12m | 12,500,000 | New |
| Icici BankIBN | 0.9% | $12m | 399,984 | New |
| JBSJBS | 0.7% | $9m | 756,939 | New |
| Upwork | 0.6% | $8m | 8,329,000 | New |
| EchoStarECHO | 0.5% | $6m | 60,000 | New |
| Alarm COM Hldgs | 0.4% | $6m | 6,000,000 | New |
| Marriott Vacations Worldwide | 0.4% | $5m | 5,000,000 | New |
| Warner Bros. DiscoveryWBD | 0.3% | $5m | 170,754 | +76% |
| Pershing Square USAPSUS | 0.3% | $4m | 115,073 | New |
| Liberty Live HoldingsLLYVK | 0.2% | $3m | 28,852 | New |
| Wayfair | 0.2% | $2m | 2,500,000 | New |
| DigitalBridge GroupDBRG | 0.1% | $2m | 101,560 | Held |
| People Inc.PPLI | 0.1% | $1m | 30,312 | New |
| IntelINTC | <0.1% | $1m | 9,000 | New |
| InfosysINFY | <0.1% | $1m | 100,062 | New |
| Alibaba Group HldgBABA | <0.1% | $614,272 | 6,400 | -80% |
| SandiskSNDK | <0.1% | $363,797 | 160 | New |
| Eli LillyLLY | <0.1% | $239,886 | 200 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 188.3% since 30 June 2025.
Where the money is
Financial services4.8%
Industrials3.5%
Media & telecom0.8%
Everyday goods0.7%
Retail & consumer0.2%
Technology0.2%
Health care0.0%
Other89.7%
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.