NINE MASTS CAPITAL Ltd Hedge Fund

Location: Central, Hong Kong

CIK: 0001569356 · Show all filings

Period: Q4 2014 (Next →)

Filing Date: Feb 18, 2015

Total Value: $419M (85.0% shares, 15.0% debt)

Holdings (40)

TSM TAIWAN SEMICONDUCTOR MFG LTD 29.5%

Value $124M Shares 5,527,843 Est. Cost $22.38 Unrealized —

HSBC HSBC HLDGS PLC 18.0%

Value $75.56M Shares 1,583,652 Est. Cost $47.72 Unrealized —

IBN ICICI BK LTD 6.3%

Value $26.34M Shares 2,280,185 Est. Cost $11.55 Unrealized —

— VIPSHOP HLDGS LTD 6.3%

Value $26.29M Shares 22,000,000 Est. Cost $1.20 Unrealized —

— TWENTY FIRST CENTY FOX INC 5.3%

Value $22.23M Shares 602,614 Est. Cost $36.89 Unrealized —

— SOUFUN HLDGS LTD 5.3%

Value $22.21M Shares 25,200,000 Est. Cost $0.88 Unrealized —

UMC UNITED MICROELECTRONICS CORP 4.3%

Value $17.94M Shares 7,701,000 Est. Cost $2.33 Unrealized —

— CHINA MOBILE LIMITED 4.0%

Value $16.7M Shares 286,122 Est. Cost $58.35 Unrealized —

QIHU 2.5 09/15/18 REGS QIHOO 360 TECHNOLOGY CO LTD 3.5%

Value $14.49M Shares 15,000,000 Est. Cost $0.97 Unrealized —

— POWERSHARES QQQ TRUST 2.7%

Value $11.27M Shares 109,100 Est. Cost $103.25 Unrealized —

— SESA STERLITE LTD 2.1%

Value $8.605M Shares 628,500 Est. Cost $13.69 Unrealized —

INFY INFOSYS LTD 1.9%

Value $7.952M Shares 252,650 Est. Cost $31.47 Unrealized —

MUFG MITSUBISHI UFJ FINL GROUP IN 1.9%

Value $7.833M Shares 1,410,875 Est. Cost $5.55 Unrealized —

— VALE S A 1.8%

Value $7.696M Shares 1,060,044 Est. Cost $7.26 Unrealized —

HMC HONDA MOTOR LTD 1.7%

Value $7.048M Shares 239,246 Est. Cost $29.46 Unrealized —

SPY SPDR S&P 500 ETF TR 1.1%

Value $4.558M Shares 22,180 Est. Cost $205.50 Unrealized —

BIDU BAIDU INC 1.0%

Value $4.331M Shares 19,000 Est. Cost $227.95 Unrealized —

SMFG SUMITOMO MITSUI FINL GROUP I 0.8%

Value $3.152M Shares 431,192 Est. Cost $7.31 Unrealized —

NMR NOMURA HLDGS INC 0.7%

Value $3.071M Shares 532,514 Est. Cost $5.77 Unrealized —

— CHINA LIFE INS CO LTD 0.5%

Value $1.963M Shares 33,333 Est. Cost $58.89 Unrealized —

JNJ JOHNSON & JOHNSON 0.4%

Value $1.796M Shares 17,177 Est. Cost $77.30 Unrealized 0.0%

NTTYY NIPPON TELEG & TEL CORP 0.3%

Value $1.37M Shares 52,800 Est. Cost $25.95 Unrealized —

— MAGICJACK VOCALTEC LTD 0.2%

Value $893K Shares 110,000 Est. Cost $8.12 Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value $356K Shares 90,000 Est. Cost $77.30 Unrealized 0.0%

XLE SELECT SECTOR SPDR TR 0.1%

Value $293K Shares 3,700 Est. Cost $79.19 Unrealized —

FXI ISHARES TR 0.1%

Value $239K Shares 180,000 Est. Cost — Unrealized —

PEP PEPSICO INC 0.0%

Value $170K Shares 1,800 Est. Cost $68.61 Unrealized 0.0%

— PETROCHINA CO LTD 0.0%

Value $170K Shares 1,530 Est. Cost $111.11 Unrealized —

MSFT MICROSOFT CORP 0.0%

Value $160K Shares 51,400 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 0.0%

Value $157K Shares 100,000 Est. Cost $205.50 Unrealized —

GLD SPDR GOLD TRUST 0.0%

Value $102K Shares 900 Est. Cost $113.33 Unrealized —

MSFT MICROSOFT CORP 0.0%

Value $89,000 Shares 250,000 Est. Cost — Unrealized —

— SOUFUN HLDGS LTD 0.0%

Value $74,000 Shares 10,000 Est. Cost $7.40 Unrealized —

— POWERSHARES QQQ TRUST 0.0%

Value $71,000 Shares 150,000 Est. Cost $103.25 Unrealized —

— POWERSHARES QQQ TRUST 0.0%

Value $52,000 Shares 78,900 Est. Cost $103.25 Unrealized —

JNJ JOHNSON & JOHNSON 0.0%

Value $20,000 Shares 14,900 Est. Cost $77.30 Unrealized 0.0%

PEP PEPSICO INC 0.0%

Value $12,000 Shares 3,700 Est. Cost $68.61 Unrealized 0.0%

— SK TELECOM LTD 0.0%

Value $8,000 Shares 300 Est. Cost $26.67 Unrealized —

FXI ISHARES TR 0.0%

Value $0 Shares 4,000 Est. Cost — Unrealized —

PEP PEPSICO INC 0.0%

Value $0 Shares 3,700 Est. Cost $68.61 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG LTD	5,527,843	$124M	29.5%	$22.38	—	SPONSORED ADR	874039100
HSBC	HSBC HLDGS PLC	1,583,652	$75.56M	18.0%	$47.72	—	SPON ADR NEW	404280406
IBN	ICICI BK LTD	2,280,185	$26.34M	6.3%	$11.55	—	ADR	45104G104
—	VIPSHOP HLDGS LTD	22,000,000	$26.29M	6.3%	$1.20	—	NOTE 1.500% 3/1	92763WAA1
—	TWENTY FIRST CENTY FOX INC	602,614	$22.23M	5.3%	$36.89	—	CL B	90130A200
—	SOUFUN HLDGS LTD	25,200,000	$22.21M	5.3%	$0.88	—	NOTE 2.000%12/1	836034AB4
UMC	UNITED MICROELECTRONICS CORP	7,701,000	$17.94M	4.3%	$2.33	—	SPON ADR NEW	910873405
—	CHINA MOBILE LIMITED	286,122	$16.7M	4.0%	$58.35	—	SPONSORED ADR	16941M109
QIHU 2.5 09/15/18 REGS	QIHOO 360 TECHNOLOGY CO LTD	15,000,000	$14.49M	3.5%	$0.97	—	DEBT 2.500% 9/1	G73030AA9
—	POWERSHARES QQQ TRUST	109,100	$11.27M	2.7%	$103.25	—	UNIT SER 1	73935A104
—	SESA STERLITE LTD	628,500	$8.605M	2.1%	$13.69	—	SPONSORED ADR	78413F103
INFY	INFOSYS LTD	252,650	$7.952M	1.9%	$31.47	—	SPONSORED ADR	456788108
MUFG	MITSUBISHI UFJ FINL GROUP IN	1,410,875	$7.833M	1.9%	$5.55	—	SPONSORED ADR	606822104
—	VALE S A	1,060,044	$7.696M	1.8%	$7.26	—	ADR REPSTG PFD	91912E204
HMC	HONDA MOTOR LTD	239,246	$7.048M	1.7%	$29.46	—	AMERN SHS	438128308
SPY	SPDR S&P 500 ETF TR	22,180	$4.558M	1.1%	$205.50	—	TR UNIT	78462F103
BIDU	BAIDU INC	19,000	$4.331M	1.0%	$227.95	—	SPON ADR REP A	056752108
SMFG	SUMITOMO MITSUI FINL GROUP I	431,192	$3.152M	0.8%	$7.31	—	SPONSORED ADR	86562M209
NMR	NOMURA HLDGS INC	532,514	$3.071M	0.7%	$5.77	—	SPONSORED ADR	65535H208
—	CHINA LIFE INS CO LTD	33,333	$1.963M	0.5%	$58.89	—	SPON ADR REP H	16939P106
JNJ	JOHNSON & JOHNSON	17,177	$1.796M	0.4%	$77.30	0.0%	COM	478160104
NTTYY	NIPPON TELEG & TEL CORP	52,800	$1.37M	0.3%	$25.95	—	SPONSORED ADR	654624105
—	MAGICJACK VOCALTEC LTD	110,000	$893K	0.2%	$8.12	—	SHS	M6787E101
JNJ	JOHNSON & JOHNSON	90,000	$356K	0.1%	$77.30	0.0%	Put	478160104
XLE	SELECT SECTOR SPDR TR	3,700	$293K	0.1%	$79.19	—	SBI INT-ENERGY	81369Y506
FXI	ISHARES TR	180,000	$239K	0.1%	—	—	Call	464287184
PEP	PEPSICO INC	1,800	$170K	0.0%	$68.61	0.0%	COM	713448108
—	PETROCHINA CO LTD	1,530	$170K	0.0%	$111.11	—	SPONSORED ADR	71646E100
MSFT	MICROSOFT CORP	51,400	$160K	0.0%	—	—	Put	594918104
SPY	SPDR S&P 500 ETF TR	100,000	$157K	0.0%	$205.50	—	Put	78462F103
GLD	SPDR GOLD TRUST	900	$102K	0.0%	$113.33	—	GOLD SHS	78463V107
MSFT	MICROSOFT CORP	250,000	$89,000	0.0%	—	—	Call	594918104
—	SOUFUN HLDGS LTD	10,000	$74,000	0.0%	$7.40	—	ADR	836034108
—	POWERSHARES QQQ TRUST	150,000	$71,000	0.0%	$103.25	—	Put	73935A104
—	POWERSHARES QQQ TRUST	78,900	$52,000	0.0%	$103.25	—	Call	73935A104
JNJ	JOHNSON & JOHNSON	14,900	$20,000	0.0%	$77.30	0.0%	Call	478160104
PEP	PEPSICO INC	3,700	$12,000	0.0%	$68.61	0.0%	Put	713448108
—	SK TELECOM LTD	300	$8,000	0.0%	$26.67	—	SPONSORED ADR	78440P108
FXI	ISHARES TR	4,000	$0	0.0%	—	—	Put	464287184
PEP	PEPSICO INC	3,700	$0	0.0%	$68.61	0.0%	Call	713448108