Ovata Capital Management Ltd

CIK

1724517

Location

HONG KONG, K3

Portfolio Value

Small $318,130,079

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,339 / 8,622 ▲ 85 · as of Mar 2026

Top Industry

Semiconductors 32.7%

3Y Alpha vs SPY

-7.6%

Period ended 4 months ago

Filed May 13, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+37.8%

SPY

+67.9%

Annualised alpha

-7.6%

Max drawdown

−20.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

19 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

24.0%

+1.5 pts

Top 5

82.0%

+8.3 pts

Top 10

94.5%

+8.0 pts

HHI

1,622

Moderately concentrated+218

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.8%	$78,767,689	3
Unclassified	24.6%	$78,383,837	3
Industrials	24.0%	$76,349,522	1
Financial Services	16.0%	$50,986,716	2
Consumer Cyclical	6.9%	$21,931,935	6
Energy	1.9%	$6,184,530	2
Communication Services	1.7%	$5,525,850	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
HDB	Hdfc Bank Ltd	+1,709,029	1,986,361	$49,420,661
RYAAY	Ryanair Holdings PLC	+339,543	1,320,926	$76,349,522
WBD	Warner Bros. Discovery, Inc.	+85,147	96,954	$2,662,356
SEE	SEALED AIR CORP/DE	+47,676	70,449	$2,962,380
BIDU	Baidu, Inc.	+20,700	25,700	$2,863,494
TCOM	Trip.com Group Ltd	+3,633	115,045	$5,728,090
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
ASX	ASE Technology Holding Co., Ltd.	−138,000	214,320	$4,646,457
BABA	Alibaba Group Holding Ltd	−69,289	32,807	$4,115,966
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−157	218,101	$73,707,232
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
BTC	Grayscale Bitcoin Mini Trust ETF	567,872	$17,030,481
FLOC	Flowco Holdings Inc.	144,000	$2,966,400
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
RIO	Rio Tinto PLC	100,371	$8,032,691
JBS	Jbs N.V.	499,983	$7,209,754
CWAN	Clearwater Analytics Holdings, Inc.	282,380	$6,811,005
BEP	Brookfield Renewable Partners L.P.	180,781	$4,875,663
IBN	Icici Bank Ltd	144,100	$4,294,180
INFY	Infosys Ltd	218,082	$3,886,221
BHP	BHP Group Ltd	46,187	$2,788,309
BITB	Bitwise Bitcoin ETF	39,977	$1,901,306
SNPS	Synopsys Inc	2,600	$1,221,272
TM	Toyota Motor Corp/	4,500	$963,270
NTES	NetEase, Inc.	6,800	$935,816
ZS	Zscaler, Inc.	3,880	$872,689
MMYT	MakeMyTrip Ltd	8,400	$689,808
AGEN	Agenus Inc	30,800	$96,712
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

19 tracked positions · $318,130,079 total · filing declares 38 positions · $715,429,147 · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RYAAY	Ryanair Holdings PLC Industrials	Added	1,320,926	+339,543	$76,349,522	+7.8%	24.00%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	218,101	-157	$73,707,232	+11.1%	23.17%
HDB	Hdfc Bank Ltd Financial Services	Added	1,986,361	+1,709,029	$49,420,661	+387.7%	15.53%
IBIT	iShares Bitcoin Trust ETF	Held	1,142,805	0	$43,906,568	−22.6%	13.80%
FBTC	Fidelity Wise Origin Bitcoin Fund	Held	295,558	0	$17,446,788	−22.6%	5.48%
BTC	Grayscale Bitcoin Mini Trust ETF	NEW	567,872	NEW	$17,030,481	NEW	5.35%
UAA	Under Armour, Inc. Consumer Cyclical	Held	1,398,745	0	$8,266,582	+18.9%	2.60%
TCOM	Trip.com Group Ltd Consumer Cyclical	Added	115,045	+3,633	$5,728,090	−28.5%	1.80%
ASX	ASE Technology Holding Co., Ltd. Technology	Reduced	214,320	-138,000	$4,646,457	−18.1%	1.46%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	32,807	-69,289	$4,115,966	−72.5%	1.29%
SUNC	SunocoCorp LLC Energy	Held	52,200	0	$3,218,130	+25.1%	1.01%
FLOC	Flowco Holdings Inc. Energy	NEW	144,000	NEW	$2,966,400	NEW	0.93%
SEE	SEALED AIR CORP/DE Consumer Cyclical	Added	70,449	+47,676	$2,962,380	+214.0%	0.93%
BIDU	Baidu, Inc. Communication Services	Added	25,700	+20,700	$2,863,494	+338.3%	0.90%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	96,954	+85,147	$2,662,356	+682.4%	0.84%
DBRG	DigitalBridge Group, Inc. Financial Services	Held	101,560	0	$1,566,055	+0.5%	0.49%
LI	Li Auto Inc. Consumer Cyclical	Held	29,000	0	$517,070	+5.3%	0.16%
SONY	Sony Group Corp Technology	Held	20,000	0	$414,000	−19.1%	0.13%
HMC	Honda Motor Co Ltd Consumer Cyclical	Held	14,062	0	$341,847	−17.5%	0.11%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.