Ovata Capital Management Ltd

CIK

1724517

Location

HONG KONG, K3

Portfolio Value

Micro $78,767,689

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,332 / 8,586 ▲ 90

Top Industry

Semiconductors 32.7%

3Y Alpha vs SPY

-10.4%

Period ended 3 months ago

Filed May 13, 2026 · 34d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+36.1%

SPY

+78.1%

Annualised alpha

-10.4%

Max drawdown

−22.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

19 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

3 positions · $78,767,689 total · Technology only · 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
SONY	Sony Group Corp Technology	Held	20,000	0	$414,000	−19.1%	0.53%
ASX	ASE Technology Holding Co., Ltd. Technology	Reduced	214,320	-138,000	$4,646,457	−18.1%	5.90%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	218,101	-157	$73,707,232	+11.1%	93.58%