Headwater Capital Co Ltd
CIK 2036346 · View on SEC EDGAR ↗
- Portfolio value
- $500.4M
- Positions
- 15
- As of
- June 30, 2026
Portfolio value QoQ: -19.5% 13F does not disclose cash
- Top 10 holdings weight
- 88.57%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 15
- Effective number of positions
- 8.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 21.64% Est. buys $121,466,000 · sells $411,346,515
Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 37.5% still held
- New positions
- 6
- Increased
- 2
- Decreased
- 7
- Closed
- 6
Put-notional exposure: 1.4% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +49.0% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.8% · Options excluded: 0.2%
Sector breakdown
Full portfolio 15 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $100,289,700 | 20.04% | 210,000 | $-13,261,500 | Down ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $88,718,175 | 17.73% | 157,500 | $-19,414,395 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $75,259,290 | 15.04% | 213,000 | $-9,364,410 | Down ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $30,984,200 | 6.19% | 130,000 | ||||
| FUTU Futu Holdings Limited - American Depositary Shares | $29,528,100 | 5.90% | 315,000 | $15,852,100 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $25,015,900 | 5.00% | 70,000 | $-41,122,900 | Down ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $24,240,090 | 4.84% | 21,000 | $-11,908,790 | Down ×1 | ||
| TCOM Trip.com Group Limited - American Depositary Shares | $24,103,200 | 4.82% | 605,000 | $-8,758,200 | Down ×1 | ||
| V Visa Inc. | $24,016,300 | 4.80% | 70,000 | Up ×1 | |||
| HOOD Robinhood Markets, Inc. - Class A Common Stock | $21,058,800 | 4.21% | 210,000 | $-4,374,300 | Down ×1 | ||
| RBLX Roblox Corporation Class A Common Stock | $17,129,700 | 3.42% | 315,000 | $5,817,700 | Up ×1 | ||
| BWXT BWX Technologies, Inc. Common Stock | $15,572,000 | 3.11% | 80,000 | Up ×1 | |||
| APP Applovin Corporation - Class A Common Stock | $10,304,600 | 2.06% | 20,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 70450C101) | $7,165,000 | 1.43% | 500,000 | Up ×1 | |||
| QQQ Invesco QQQ Trust, Series 1 | $7,016,100 | 1.40% | 630,000 | Put option | Up ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| NVDA | June 30, 2026 | 315,000 | $54,936,000 | 9.5% |
| DASH | June 30, 2026 | 210,000 | $31,531,500 | 20.1% |
| MSFT | Sept. 30, 2025 | 50,000 | $24,870,500 | -6.7% |
| AMZN | March 31, 2026 | 104,000 | $24,005,280 | 26.2% |
| GOOG | March 31, 2025 | 120,000 | $22,852,800 | 117.7% |
| FIG | March 31, 2026 | 520,000 | $19,432,400 | 30.8% |
| NVDA | Dec. 31, 2025 | 100,000 | $18,658,000 | 17.5% |
| JD | March 31, 2025 | 500,000 | $17,335,000 | -29.1% |
| MSFT | March 31, 2025 | 38,000 | $16,017,000 | 28.7% |
| AMZN | March 31, 2025 | 70,000 | $15,357,300 | 38.2% |
| PDD | June 30, 2026 | 150,000 | $15,327,000 | 16.1% |
| LITE | June 30, 2026 | 20,000 | $14,055,200 | -4.4% |
| MAR | Dec. 31, 2025 | 50,000 | $13,022,000 | 15.3% |
| LULU | Sept. 30, 2025 | 53,000 | $12,591,740 | -33.9% |
| NVDA | June 30, 2025 | 100,000 | $10,838,000 | 38.7% |
| FUTU | June 30, 2025 | 100,000 | $10,235,000 | -10.0% |
| ONON | June 30, 2026 | 300,000 | $10,206,000 | -13.5% |
| HTHT | March 31, 2025 | 300,000 | $9,909,000 | 34.4% |
| HTHT | March 31, 2026 | 200,000 | $9,410,000 | -1.1% |
| BEKE | Sept. 30, 2025 | 500,000 | $8,870,000 | -10.7% |
| ATAT | March 31, 2026 | 200,000 | $7,880,000 | -1.0% |
| GOOS | Sept. 30, 2025 | 660,000 | $7,385,400 | -37.3% |
| INTC | June 30, 2025 | 300,000 | $6,813,000 | 305.9% |
| TRIP | March 31, 2026 | 350,000 | $5,096,000 | -3.7% |
| YUMC | March 31, 2026 | 100,000 | $4,774,000 | -1.5% |
| YELP | March 31, 2026 | 150,000 | $4,558,500 | -4.3% |
| BZ | June 30, 2026 | 300,000 | $4,017,000 | 23.2% |
| HIMX | June 30, 2025 | 500,000 | $3,675,000 | 55.8% |
| BABA | March 31, 2026 | 16,000 | $2,345,280 | -0.1% |
| OPRA | Dec. 31, 2025 | 100,000 | $2,064,000 | 28.0% |