Oxbow Capital Management (HK)
HONG KONG, K3files as Oxbow Capital Management (HK) Ltd
$355m in 4 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 42.8% of the portfolio this quarter.
Value
$355m
Stocks
4
Top 10 share
100.0%
Turnover
42.8%
What changed this quarter
New
Bought for the first time this quarter.
- Almonty IndustriesALM8.0% of the fund
Added
Bought more of a stock they already held.
- CoherentCOHR46.7% of the fund+4%
- Hudbay MineralsHBM19.6% of the fund+200%
Cut
Sold some of their stake.
- SandiskSNDK25.6% of the fund-77%
Sold out
Sold their entire stake.
- Seagate Technology HoldingsSTX-100%
- AlcoaAA-100%
- ACM ResearchACMR-100%
Holdings
- Hudbay MineralsHBM
- Share
- 19.6%
- Value
- $70m
- Shares
- 2,950,000
+200%
- Almonty IndustriesALM
- Share
- 8.0%
- Value
- $29m
- Shares
- 1,724,226
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| CoherentCOHR | 46.7% | $166m | 420,000 | +4% |
| SandiskSNDK | 25.6% | $91m | 40,000 | -77% |
| Hudbay MineralsHBM | 19.6% | $70m | 2,950,000 | +200% |
| Almonty IndustriesALM | 8.0% | $29m | 1,724,226 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 10.2% since 30 June 2025.
Where the money is
Technology72.3%
Materials27.7%
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.