Headwater Capital Co Ltd Quant / Systematic

CIK: 0002036346 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 12, 2025

Total Value ($000): $408,762 (100.0% shares, 0.0% debt)

Holdings (17)

TSM TAIWAN SEMICONDUCTOR MFG LTD 21.3%

Value ($000) $87,138 Shares 312,000 Est. Cost $211.46 Unrealized —

GOOG ALPHABET INC 19.8%

Value ($000) $81,102 Shares 333,000 Est. Cost $196.39 Unrealized +6.9%

META META PLATFORMS INC 9.0%

Value ($000) $36,719 Shares 50,000 Est. Cost $628.43 Unrealized +18.3%

TCOM TRIP COM GROUP LTD 6.8%

Value ($000) $27,824 Shares 370,000 Est. Cost $65.61 Unrealized —

AMZN AMAZON COM INC 5.4%

Value ($000) $21,957 Shares 100,000 Est. Cost $226.35 Unrealized 0.0%

BABA ALIBABA GROUP HLDG LTD 5.2%

Value ($000) $21,448 Shares 120,000 Est. Cost $178.73 Unrealized —

LITE LUMENTUM HLDGS INC 5.0%

Value ($000) $20,339 Shares 125,000 Est. Cost $124.70 Unrealized 0.0%

MU MICRON TECHNOLOGY INC 4.9%

Value ($000) $20,078 Shares 120,000 Est. Cost $127.82 Unrealized 0.0%

PDD PDD HOLDINGS INC 4.9%

Value ($000) $19,826 Shares 150,000 Est. Cost $107.67 Unrealized —

NVDA NVIDIA CORPORATION 4.6%

Value ($000) $18,658 Shares 100,000 Est. Cost $174.29 Unrealized 0.0%

TRIP TRIPADVISOR INC 3.7%

Value ($000) $14,959 Shares 920,000 Est. Cost $17.45 Unrealized 0.0%

MAR MARRIOTT INTL INC NEW 3.2%

Value ($000) $13,022 Shares 50,000 Est. Cost $249.21 Unrealized +7.3%

HTHT H WORLD GROUP LTD 2.4%

Value ($000) $9,778 Shares 250,000 Est. Cost $39.11 Unrealized —

ATAT ATOUR LIFESTYLE HLDGS LTD 1.7%

Value ($000) $6,766 Shares 180,000 Est. Cost $37.59 Unrealized —

YUMC YUM CHINA HLDGS INC 1.3%

Value ($000) $5,138 Shares 119,700 Est. Cost $44.71 Unrealized +1.7%

OPRA OPERA LTD 0.5%

Value ($000) $2,064 Shares 100,000 Est. Cost $19.77 Unrealized —

— INVESCO QQQ TR 0.5%

Value ($000) $1,947 Shares 3,300 Est. Cost $590.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG LTD	312,000	$87,138	21.3%	$211.46	—	SPONSORED ADS	874039100
GOOG	ALPHABET INC	333,000	$81,102	19.8%	$196.39	+6.9%	CAP STK CL C	02079K107
META	META PLATFORMS INC	50,000	$36,719	9.0%	$628.43	+18.3%	CL A	30303M102
TCOM	TRIP COM GROUP LTD	370,000	$27,824	6.8%	$65.61	—	ADS	89677Q107
AMZN	AMAZON COM INC	100,000	$21,957	5.4%	$226.35	0.0%	COM	023135106
BABA	ALIBABA GROUP HLDG LTD	120,000	$21,448	5.2%	$178.73	—	SPONSORED ADS	01609W102
LITE	LUMENTUM HLDGS INC	125,000	$20,339	5.0%	$124.70	0.0%	COM	55024U109
MU	MICRON TECHNOLOGY INC	120,000	$20,078	4.9%	$127.82	0.0%	COM	595112103
PDD	PDD HOLDINGS INC	150,000	$19,826	4.9%	$107.67	—	SPONSORED ADS	722304102
NVDA	NVIDIA CORPORATION	100,000	$18,658	4.6%	$174.29	0.0%	COM	67066G104
TRIP	TRIPADVISOR INC	920,000	$14,959	3.7%	$17.45	0.0%	COM	896945201
MAR	MARRIOTT INTL INC NEW	50,000	$13,022	3.2%	$249.21	+7.3%	CL A	571903202
HTHT	H WORLD GROUP LTD	250,000	$9,778	2.4%	$39.11	—	SPONSORED ADS	44332N106
ATAT	ATOUR LIFESTYLE HLDGS LTD	180,000	$6,766	1.7%	$37.59	—	SPONSORED ADS	04965M106
YUMC	YUM CHINA HLDGS INC	119,700	$5,138	1.3%	$44.71	+1.7%	COM	98850P109
OPRA	OPERA LTD	100,000	$2,064	0.5%	$19.77	—	SPONSORED ADS	68373M107
—	INVESCO QQQ TR	3,300	$1,947	0.5%	$590.00	—	PUT	46090E953