Managers / Q4 2024 · view latest →
Kawa Capital Management, Inc
CIK 0001534242 · 1010 SOUTH FEDERAL HIGHWAY, SUITE 2900, HALLANDALE BEACH, FL, 33009 · 1 (305) 560-5247
Summary
Kawa Capital Management, Inc reported $37M in U.S.-listed holdings across 4 positions for Q4 2024.
The portfolio is heavily concentrated: BDN alone accounts for 39.9% of reported value.
Compared with Q4 2022, the fund opened 5 new positions and exited 0.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- REIT · 39.9% · $15M
- ETP · 24.4% · $9M
- ADR · 24.0% · $9M
- Common Stock · 11.7% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline) · note: prior filed quarter, not the immediately preceding one
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BDNBRANDYWINE RLTY TR | NEW | +2.63M | 2.63M | +$15M | $15M |
| EWZISHARES INC | NEW | +400.0K | 400.0K | +$9M | $9M |
| VALEVALE S A | NEW | +1.00M | 1.00M | +$9M | $9M |
| DKDELEK US HLDGS INC NEW | NEW | +232.3K | 232.3K | +$4M | $4M |
| N/A | NEW | +0 | 0 | +$0 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BDNBRANDYWINE RLTY TRhistory → | SH BEN INT NEW | 39.89% | $15M | 2.63M |
| 2 | EWZISHARES INChistory → | MSCI BRAZIL ETF | 24.41% | $9M | 400.0K |
| 3 | VALEVALE S Ahistory → | SPONSORED ADS | 24.05% | $9M | 1.00M |
| 4 | DKDELEK US HLDGS INC NEWhistory → | COM | 11.65% | $4M | 232.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2025 | $43M | 4 | Jan 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $55M | 5 | Oct 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $55M | 6 | Jul 10, 2025 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2024 | $37M | 4 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $0 | 1 | Feb 1, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $0 | 1 | Nov 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $21M | 28 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $60M | 67 | May 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $104M | 76 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.