NINE MASTS CAPITAL LTD
Q3 2021 Form 13-F
CENTRAL, HONG KONG
CIK 0001569356
· CRD 162024
· Exempt reporting adviser
$265.3M Reported Value Total
Exempt Reporting Adviser
WWW.NINEMASTS.COM
Source: Form ADV filed 2026-03-19
Reported value
$265.3M
Quarter over quarter
0.0%
Holdings
28
Top-10 concentration
78.0%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Irene Backenhorn
Chief Compliance Officer
Filing Navigation
13F Metrics
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Q3 2021 13F record
Q3 2021 13F filing summary
| Period of report | September 30, 2021 |
|---|---|
| Filed | November 12, 2021 |
| Form | 13F-HR |
| Reported value | $265.3M |
| Positions | 28 |
| Change in reported value | +88.3% |
| New positions | 25 |
| Exited positions | 13 |
| Position turnover | 92.7% |
| Top-10 concentration | 78.0% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 7, 2026
|
87 | $994.7M |
|
Q1 2026 13F
Filed May 13, 2026
|
155 | $692.6M |
|
Q4 2025 13F
Filed Feb 10, 2026
|
110 | $580.7M |
|
Q3 2025 13F
Filed Nov 13, 2025
|
35 | $243.5M |
|
Q2 2025 13F
Filed Aug 13, 2025
|
53 | $274.0M |
|
Q1 2025 13F
Filed May 13, 2025
|
11 | $150.6M |
|
Q4 2024 13F
Filed Feb 6, 2025
|
82 | $570.9M |
|
Q3 2024 13F
Filed Nov 12, 2024
|
59 | $222.6M |
|
Q2 2024 13F
Filed Aug 8, 2024
|
109 | $333.8M |
|
Q1 2024 13F
Filed May 8, 2024
|
57 | $383.4M |
|
Q4 2023 13F
Filed Feb 8, 2024
|
13 | $134.4M |
|
Q3 2023 13F
Filed Nov 3, 2023
|
15 | $139.2M |
|
Q2 2023 13F
Filed Aug 10, 2023
|
14 | $130.6M |
|
Q1 2023 13F
Filed May 12, 2023
|
15 | $94.4M |
|
Q4 2022 13F
Filed Feb 7, 2023
|
27 | $313.2M |
|
Q3 2022 13F
Filed Oct 25, 2022
|
26 | $258.5M |
|
Q2 2022 13F
Filed Aug 5, 2022
|
35 | $374.4M |
|
Q1 2022 13F
Filed May 6, 2022
|
31 | $466.3M |
|
Q4 2021 13F
Filed Feb 10, 2022
|
30 | $223.3M |
|
Q3 2021 13F
Filed Nov 12, 2021
|
28 | $265.3M |
27 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2021
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SEALTD 0.25 09/15/26 SEA LTD | $65.6M | 24.73% |
| 2 | FOX FOX CORP | $40.1M | 15.11% |
| 3 | PDD 0 12/01/25 PINDUODUO INC | $39.5M | 14.9% |
| 4 | ARTA ARTISAN ACQUISITION CORP | $10.9M | 4.11% |
| 5 | BABA ALIBABA GROUP HLDG LTD | $9.9M | 3.75% |
| 6 | IQ 3.75 12/01/23 IQIYI INC | $9.9M | 3.73% |
| 7 | PONDU ANGEL POND HOLDINGS CORP | $8.9M | 3.36% |
| 8 | DSAC DUDDELL STREET ACQUISITN COR | $7.6M | 2.85% |
| 9 | WIT WIPRO LTD | $7.5M | 2.83% |
| 10 | SVFA SVF INVESTMENT CORP | $6.8M | 2.58% |
| 11 | BHP BHP GROUP LTD | $6.7M | 2.53% |
| 12 | BILI BILIBILI INC | $5.8M | 2.18% |
| 13 | TINV TIGA ACQUISITION CORP | $5.5M | 2.06% |
| 14 | INFY INFOSYS LTD | $5.0M | 1.88% |
| 15 | BSAQU BLACK SPADE ACQUISITION CO | $5.0M | 1.87% |
| 16 | GOBI GOBI ACQUISITION CORP | $4.8M | 1.82% |
| 17 | KAHC KKR ACQUISITION HOLDING I CO | $3.7M | 1.38% |
| 18 | RYAAY RYANAIR HOLDINGS PLC | $3.3M | 1.24% |
| 19 | HDB HDFC BANK LTD | $2.8M | 1.04% |
| 20 | AMCR AMCOR PLC | $2.2M | 0.84% |
Values as reported on the Q3 2021 Form 13F. Every position is in the holdings table below.