SEC 13F Intelligence

Managers / Q1 2021 · view latest →

MASO CAPITAL PARTNERS Ltd

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

Reported Value
$260M
Q1 2021
Positions
47
Filings on Record
30
2019–present window
Filed
May 17, 2021
original filing

Summary

Maso Capital Partners Ltd reported $260M in U.S.-listed holdings across 47 positions for Q1 2021.

The portfolio is heavily concentrated: China Biologic Products alone accounts for 28.6% of reported value.

Compared with Q4 2020, the fund opened 32 new positions and exited 30.

Portfolio Metrics

Turnover
+32.1%
vs prior filed quarter
Top-10 Concentration
+73.0%
share of reported value
Largest Position
+28.6%
China Biologic Products
New / Exited
32 / 30
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: 76.2%Common Stock: 17.5%ADR: 5.4%Unit: 1.0%
  • Other · 76.2% · $198M
  • Common Stock · 17.5% · $45M
  • ADR · 5.4% · $14M
  • Unit · 1.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALXNAlexion Pharmaceuticals IncNEW+68.4K68.4K+$10M$10M
WORKSlack Technologies IncNEW+245.3K245.3K+$10M$10M
Evo Acquisition CorpNEW+500.0K500.0K+$5M$5M
Starboard Value Acquisition CorpNEW+350.0K350.0K+$3M$3M
D8 Holdings CorpNEW+300.0K300.0K+$3M$3M
Nebula Caravel Acquisition CorpNEW+300.0K300.0K+$3M$3M
HECUSDHudson Executive Investment CorpNEW+300.0K300.0K+$3M$3M
Ascendant Digital Acquisition CorpNEW+300.0K300.0K+$3M$3M

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

Holdings — Q1 2021

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CHINA BIOLOGIC PRODUCTS INCCOM28.61%$74M627.1K
2Duddell Street Acquisition CorpCL A · WARRANT15.94%$41M6.00M
3New Frontier Health CorpORD SHS8.27%$21M1.90M
4GNWGenworth Financial Inchistory →COM CL A6.11%$16M4.77M
5ALXNAlexion Pharmaceuticals Inchistory →COM4.03%$10M68.4K
6WORKSlack Technologies Inchistory →COM CL A3.84%$10M245.3K
7ACHCAcadia Healthcare Co Inchistory →COM1.92%$5M87.4K
8Evo Acquisition CorpUNIT1.91%$5M500.0K
9SOHUSohu com Inchistory →SPONSORED ADS1.74%$5M287.7K
10TPG Pace Tech Opportunities CorpCL A COM · WARRANT1.54%$4M425.0K
11DouYu International Holdings LtdSPONSORED ADS1.41%$4M351.6K
12Starboard Value Acquisition CorpCOM CL A1.34%$3M350.0K
13DQDaqo New Energy Corphistory →SPNSRD ADS NEW1.16%$3M40.0K
14D8 Holdings CorpSHS CL A1.15%$3M300.0K
15HECUSDHudson Executive Investment Corphistory →COM CL A1.15%$3M300.0K
16Nebula Caravel Acquisition CorpCOM CL A1.15%$3M300.0K
17Ascendant Digital Acquisition CorpCOM CL A1.14%$3M300.0K
18ABG Acquisition Corp ICL A SHS1.14%$3M300.0K
19Malacca Straits Acquisition Co LtdCOM CL A1.14%$3M300.0K
20CF Acquisition Corp IVCOM CL A1.13%$3M300.0K
21JOBSUSD51job Inchistory →SPONSORED ADS1.13%$3M46.8K
22Dune Acquisition CorpCOM CL A · WARRANT0.97%$3M375.0K
23Group Nine Acquisition CorpCOM CL A · WARRANT0.97%$3M333.3K
24Fusion Acquisition CorpCL A0.96%$2M250.0K
25NextGen Acquisition CorpCL A0.96%$2M250.0K
26Tailwind Acquisition CorpCOM CL A0.96%$2M250.0K
27ATHN/UAthena Technology Acquisition CorpUNIT0.95%$2M250.0K
28SiriusPoint LtdCOM0.85%$2M216.8K
29Golden Arrow Merger CorpUNIT0.84%$2M219.9K
30CLVTrip com Group LtdADS0.76%$2M50.0K
31Apollo Strategic Growth CapitalSHS CL A0.76%$2M200.0K
32View IncCOM CL A · WARRANT0.74%$2M287.2K
33Hollysys Automation Technologies LtdSHS0.60%$2M125.0K
34TB SA Acquisition CorpUNIT0.57%$1M150.0K
35JDJD com IncSPON ADR CL A0.55%$1M17.0K
36Alussa Energy Acquisition CorpSHS CL A0.50%$1M130.0K
37NSHEURNavSight Holdings IncCL A0.40%$1M103.7K
38Plum Acquisition Corp IUNIT0.29%$763,00076.7K
39Global Blue Group Holding AGWARRANT0.21%$544,000449.8K
40Zhihu IncADS0.09%$243,00030.0K
41CITIC Capital Acquisition CorpWARRANT0.09%$222,000200.0K
42Naked Brand Group IncSHS NEW0.01%$15,00021.2K

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 ↗.