SEC 13F Intelligence

Managers / Q1 2025 · view latest →

MASO CAPITAL PARTNERS Ltd

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

Reported Value
$66M
Q1 2025
Positions
34
Filings on Record
30
2019–present window
Filed
May 9, 2025
original filing

Summary

Maso Capital Partners Ltd reported $66M in U.S.-listed holdings across 34 positions for Q1 2025.

The portfolio is heavily concentrated: DSACEUR alone accounts for 35.6% of reported value.

Compared with Q4 2024, the fund opened 11 new positions and exited 11.

Portfolio Metrics

Turnover
+23.9%
vs prior filed quarter
Top-10 Concentration
+95.9%
share of reported value
Largest Position
+35.6%
Fiscalnote
New / Exited
11 / 11
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
ADR: 53.3%Common Stock: 43.8%Equity WRT: 2.3%Other: 0.6%
  • ADR · 53.3% · $35M
  • Common Stock · 43.8% · $29M
  • Equity WRT · 2.3% · $2M
  • Other · 0.6% · $390,827

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DADA NEXUS LTDNEW+5.32M5.32M+$10M$10M
EMSMART SH GLOBAL LTDNEW+2.63M2.63M+$3M$3M
BABAALIBABA GROUP HLDG LTDNEW+7.0K7.0K+$925,610$925,610
AMDADVANCED MICRO DEVICES INCNEW+8.8K8.8K+$904,112$904,112
NKENIKE INCNEW+14.0K14.0K+$888,720$888,720
SOUNSOUNDHOUND AI INCNEW+68.4K68.4K+$555,465$555,465
FUBOGBPFUBOTV INCNEW+160.0K160.0K+$467,200$467,200
LAZRQLUMINAR TECHNOLOGIES INCNEW+50.0K50.0K+$269,500$269,500

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

Holdings — Q1 2025

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DSACEURFISCALNOTE HOLDINGS INCCOM CL A · WARRANT37.99%$25M38.18M
2SOHUSOHU COM LTDhistory →SPONSORED ADS18.04%$12M906.3K
3DADA NEXUS LTDADS14.88%$10M5.32M
4JOYYJOYY INChistory →ADS REPSTG COM A14.48%$10M228.2K
5EMSMART SH GLOBAL LTDhistory →ADS4.46%$3M2.63M
6INTCINTEL CORPhistory →COM1.72%$1M50.0K
7USX1UNITED STATES STL CORP NEWhistory →COM1.60%$1M25.0K
8BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.40%$925,6107.0K
9AMDADVANCED MICRO DEVICES INChistory →COM1.37%$904,1128.8K
10NKENIKE INChistory →CL B1.34%$888,72014.0K
11SOUNSOUNDHOUND AI INCCLASS A COM0.84%$555,46568.4K
12FUBOGBPFUBOTV INCCOM0.71%$467,200160.0K
13LAZRQLUMINAR TECHNOLOGIES INCCOM NEW CL A0.41%$269,50050.0K
14IONQIONQ INCCOM0.17%$110,3505.0K
15EQV VENTURES ACQUISITION CORWARRANT0.13%$88,000266.7K
16ANDRETTI ACQUISITION CORP IIWARRANT0.10%$67,425375.0K
17SIM ACQUISITION CORP. IWARRANT0.10%$65,050500.0K
18USA RARE EARTH INCWARRANT0.04%$27,94341.7K
19GRAF GLOBAL CORPWARRANT0.03%$22,500125.0K
20MELAR ACQUISITION CORP. IWARRANT0.03%$21,905162.5K
21ONECONNECT FINL TECHNOLOGY CSPONSORED ADS0.03%$20,7703.1K
22COLOMBIER ACQUISITION CORP IWARRANT0.03%$18,66623.3K
23BLACK SPADE ACQUISITION II CWARRANT0.02%$14,66766.7K
24LEGATO MERGER CORP IIIWARRANT0.02%$12,05662.5K
25EUREKA ACQUISITION CORPRIGHT0.01%$9,28440.0K
26ESLAESTRELLA IMMUNOPHARMA INCCOM0.01%$9,27010.0K
27GLOBAL BLUE GROUP HOLDING AGWARRANT0.01%$9,053407.8K
28LAUNCH ONE ACQUISITION CORPWARRANT0.01%$7,25550.0K
29CHENGHE ACQUISITION II COWARRANT0.01%$5,010100.0K
30BOLT PROJS HLDGS INCWARRANT0.00%$1,95165.0K
31HERAMBA ELEC PLCWARRANT0.00%$60059.4K
32PRENETICS GLOBAL LTDWARRANT0.00%$52049.0K
33CENNTRO INCCOM0.00%$123141

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 ↗.