Managers / Q2 2025 · 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 $55M in U.S.-listed holdings across 6 positions for Q2 2025.
The portfolio is heavily concentrated: BDN alone accounts for 27.4% of reported value.
Compared with Q4 2024, the fund opened 3 new positions and exited 1.
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 · 48.6% · $27M
- Common Stock · 28.2% · $15M
- ADR · 23.2% · $13M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline) · note: prior filed quarter, not the immediately preceding one
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ONLORION PROPERTIES INC | NEW | +5.47M | 5.47M | +$12M | $12M |
| BHFBRIGHTHOUSE FINL INC | NEW | +150.0K | 150.0K | +$8M | $8M |
| GGBGERDAU S A | NEW | +2.09M | 2.09M | +$6M | $6M |
| EWZISHARES INC | SOLD OUT | −400.0K | 0 | −$9M | $0 |
| DKDELEK US HLDGS INC NEW | ADDED | +117.8K | 350.0K | +$3M | $7M |
| BDNBRANDYWINE RLTY TR | ADDED | +872.6K | 3.50M | +$302,000 | $15M |
| VALEVALE S A | TRIMMED | −320.0K | 680.0K | −$2M | $7M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BDNBRANDYWINE RLTY TRhistory → | SH BEN INT NEW | 27.36% | $15M | 3.50M |
| 2 | ONLORION PROPERTIES INChistory → | COM | 21.25% | $12M | 5.47M |
| 3 | BHFBRIGHTHOUSE FINL INChistory → | COM | 14.70% | $8M | 150.0K |
| 4 | DKDELEK US HLDGS INC NEWhistory → | COM | 13.51% | $7M | 350.0K |
| 5 | VALEVALE S Ahistory → | SPONSORED ADS | 12.03% | $7M | 680.0K |
| 6 | GGBGERDAU S Ahistory → | SPON ADR REP PFD | 11.15% | $6M | 2.09M |
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 ↗.