SEC 13F Intelligence

Managers / Q4 2020 · view latest →

MASO CAPITAL PARTNERS Ltd

CIK 0001698093 · 8/F PRINTING HOUSE, 6 DUDDELL STREET, HONG KONG, 000000 · 852 34686200

Reported Value
$367M
Q4 2020
Positions
45
Filings on Record
30
2019–present window
Filed
Feb 12, 2021
original filing

Summary

Maso Capital Partners Ltd reported $367M in U.S.-listed holdings across 45 positions for Q4 2020.

The portfolio is heavily concentrated: Sina Corp China alone accounts for 33.9% of reported value.

Compared with Q3 2020, the fund opened 30 new positions and exited 6.

Portfolio Metrics

Turnover
+16.0%
vs prior filed quarter
Top-10 Concentration
+82.1%
share of reported value
Largest Position
+33.9%
Sina Corp China
New / Exited
30 / 6
positions this quarter

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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $80MQ4 ’18Q1 ’19: $145MQ2 ’19: $191MQ3 ’19: $278MQ4 ’19: $311MQ4 ’19Q1 ’20: $386MQ2 ’20: $248MQ3 ’20: $179MQ4 ’20: $367MQ4 ’20Q1 ’21: $260MQ2 ’21: $304MQ3 ’21: $222MQ4 ’21: $218MQ4 ’21Q1 ’22: $246MQ2 ’22: $177MQ3 ’22: $429MQ1 ’23: $150,581Q1 ’23Q2 ’23: $228,000Q3 ’23: $183,560Q4 ’23: $115,713Q1 ’24: $135,260Q1 ’24Q3 ’24: $107MQ4 ’24: $79MQ1 ’25: $66MQ2 ’25: $57MQ2 ’25Q3 ’25: $61Mfilingsflow.com

Portfolio Composition

By security type
Other: 75.5%Common Stock: 12.7%ADR: 8.4%GLOBAL: 2.4%US DOMESTIC: 0.5%Other: 0.5%
  • Other · 75.5% · $277M
  • Common Stock · 12.7% · $47M
  • ADR · 8.4% · $31M
  • GLOBAL · 2.4% · $9M
  • US DOMESTIC · 0.5% · $2M
  • Other · 0.5% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Duddell Street Acquisition CorpNEW+4.00M4.00M+$40M$40M
Pinduoduo IncNEW+5.00M5.00M+$6M$6M
SESea LtdNEW+30.0K30.0K+$6M$6M
JOBSUSD51job IncNEW+50.0K50.0K+$4M$4M
Insu Acquisition Corp IINEW+224.9K224.9K+$3M$3M
Experience Investment CorpNEW+300.0K300.0K+$3M$3M
Bridgetown Holdings LtdNEW+201.4K201.4K+$3M$3M
Duddell Street Acquisition CorpNEW+2.00M2.00M+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SINA Corp/ChinaORD33.87%$124M2.93M
2CHINA BIOLOGIC PRODUCTS INCCOM20.20%$74M627.1K
3Duddell Street Acquisition CorpCL A · WARRANT11.66%$43M6.00M
4GNWGenworth Financial Inchistory →COM CL A8.17%$30M7.93M
5ACHCAcadia Healthcare Co Inchistory →COM1.69%$6M123.4K
6Pinduoduo IncNOTE1.68%$6M5.00M
7New Frontier Health CorpORD SHS1.64%$6M700.0K
8SESea Ltdhistory →SPONSORED ADS1.63%$6M30.0K
9SOHUSohu com Inchistory →SPONSORED ADS1.25%$5M287.7K
10Bridgetown Holdings LtdCOM CL A · UNIT · WARRANT1.16%$4M331.4K
11ICLKGBPiClick Interactive Asia Group Ltdhistory →SPONSORED ADR1.09%$4M468.3K
12JOBSUSD51job IncSPONSORED ADS0.95%$4M50.0K
13Insu Acquisition Corp IICOM CL A0.95%$3M224.9K
14Experience Investment CorpCOM CL A0.91%$3M300.0K
15DQDaqo New Energy CorpSPNSRD ADR NEW0.81%$3M52.0K
16CF Finance Acquisition Corp IICOM CL A · WARRANT0.81%$3M333.3K
17BIDUNBaidu IncSPON ADR REP A0.80%$3M13.5K
18IQiQIYI IncNOTE · SPONSORED ADR0.78%$3M2.05M
19VG Acquisition CorpSHS CL A0.78%$3M250.0K
20TPG Pace Tech Opportunities CorpUNIT · CL A COM0.77%$3M250.0K
21WPFFoley Trasimene Acquisition CorpCOM CL A0.76%$3M250.0K
22Fintech Acquisition Corp IVCL A0.75%$3M242.3K
23Dada Nexus LtdADS0.70%$3M70.0K
24Momo IncNOTE0.69%$3M3.00M
25DouYu International Holdings LtdSPONSORED ADS0.67%$2M222.0K
26Third Point Reinsurance LtdCOM0.63%$2M241.8K
27Foley Trasimene Acquisition Corp IICOM CL A0.62%$2M150.0K
28JIHJuniper Industrial Holdings IncCOM CL A0.61%$2M209.2K
29CLVTrip com Group LtdADS0.46%$2M50.0K
30STIC/UNorthern Star Acquisition CorpUNIT0.46%$2M106.2K
31Takeda Pharmaceutical Co LtdSPONSORED ADS0.45%$2M91.4K
32RSIRush Street Interactive IncCOM0.38%$1M65.0K
33New Providence Acquisition CorpCOM CL A0.37%$1M100.0K
34EPZMEURZymeworks IncCOM0.26%$945,00020.0K
35PAASPan American Silver CorpCOM0.24%$897,00026.0K
36Global Blue Group Holding AGWARRANT0.20%$738,000449.8K
37CITIC Capital Acquisition CorpWARRANT0.09%$340,000200.0K
38SPDR S&P 500 ETF TrustTR UNIT0.03%$124,000331
39Naked Brand Group IncSHS NEW0.00%$4,00021.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$61M44Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$57M29Aug 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$66M34May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$79M34Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$107M36Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024Under review28Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$135,26036May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$115,71327Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$183,56037Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$228,00037Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$150,58136May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review42Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022REVEALED$429M60Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$177M61Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$246M56May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$218M47Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$222M41Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$304M54Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$260M47May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$367M45Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$179M21Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$248M22Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$386M21May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$311M20Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$278M19Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$191M19Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$145M16May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$80M10Feb 14, 201913F-HRchanges · 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 ↗.