SEC 13F Intelligence

Managers / Q2 2025 · view latest →

MASO CAPITAL PARTNERS Ltd

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

Reported Value
$57M
Q2 2025
Positions
29
Filings on Record
30
2019–present window
Filed
Aug 18, 2025
original filing

Summary

Maso Capital Partners Ltd reported $57M in U.S.-listed holdings across 29 positions for Q2 2025.

The portfolio is heavily concentrated: DSACEUR alone accounts for 27.9% of reported value.

Compared with Q1 2025, the fund opened 8 new positions and exited 13.

Portfolio Metrics

Turnover
+24.3%
vs prior filed quarter
Top-10 Concentration
+97.1%
share of reported value
Largest Position
+27.9%
Fiscalnote
New / Exited
8 / 13
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: 52.1%Common Stock: 35.2%Other: 11.2%Equity WRT: 1.6%
  • ADR · 52.1% · $30M
  • Common Stock · 35.2% · $20M
  • Other · 11.2% · $6M
  • Equity WRT · 1.6% · $896,285

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SKAASKECHERS U S A INCNEW+48.5K48.5K+$3M$3M
OXLEY BRIDGE ACQ LTDNEW+250.0K250.0K+$3M$3M
ZKNZEEKR INTELLIGENT TECHNOLOGYNEW+86.5K86.5K+$2M$2M
ALMUAELUMA INCNEW+24.5K24.5K+$400,705$400,705
VKTXVIKING THERAPEUTICS INCNEW+15.0K15.0K+$397,500$397,500
GPCRSTRUCTURE THERAPEUTICS INCNEW+13.0K13.0K+$269,620$269,620
GENERATION ESSENTIALS GROUPNEW+66.7K66.7K+$26,666$26,666
NAMIB MINERALSNEW+300300+$2,268$2,268

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

Holdings — Q2 2025

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DSACEURFISCALNOTE HOLDINGS INCCOM CL A · WARRANT29.45%$17M38.47M
2SOHUSOHU COM LTDhistory →SPONSORED ADS21.27%$12M906.3K
3JOYYJOYY INChistory →ADS REPSTG COM A20.49%$12M228.2K
4EMSMART SH GLOBAL LTDhistory →ADS5.94%$3M2.95M
5ONECONNECT FINL TECHNOLOGY CSPONSORED ADS5.59%$3M440.0K
6SKAASKECHERS U S A INChistory →CL A5.40%$3M48.5K
7OXLEY BRIDGE ACQ LTDUNIT4.41%$3M250.0K
8ZKNZEEKR INTELLIGENT TECHNOLOGYhistory →SPON ADS3.89%$2M86.5K
9ALMUAELUMA INCCOM0.71%$400,70524.5K
10VKTXVIKING THERAPEUTICS INCCOM0.70%$397,50015.0K
11LAZRQLUMINAR TECHNOLOGIES INCCOM NEW CL A0.51%$287,000100.0K
12GPCRSTRUCTURE THERAPEUTICS INCSPONSORED ADS0.48%$269,62013.0K
13EQV VENTURES ACQUISITION CORWARRANT0.35%$195,733266.7K
14SIM ACQUISITION CORP IWARRANT0.24%$136,850500.0K
15COLOMBIER ACQUISITION CORP IWARRANT0.15%$87,49923.3K
16ANDRETTI ACQUISITION CORP IIWARRANT0.13%$75,000375.0K
17MELAR ACQUISITION CORP IWARRANT0.09%$48,750162.5K
18GRAF GLOBAL CORPWARRANT0.06%$36,275125.0K
19GENERATION ESSENTIALS GROUPWARRANT0.05%$26,66666.7K
20LEGATO MERGER CORP IIIWARRANT0.03%$16,87562.5K
21LAUNCH ONE ACQUISITION CORPWARRANT0.02%$13,50050.0K
22ESLAESTRELLA IMMUNOPHARMA INCCOM0.02%$9,60010.0K
23EUREKA ACQUISITION CORPRIGHT0.02%$8,80040.0K
24CHENGHE ACQUISITION II COWARRANT0.02%$8,790100.0K
25NAMIB MINERALSSHS0.00%$2,268300
26PRENETICS GLOBAL LTDWARRANT0.00%$1,91649.0K
27BOLT PROJS HLDGS INCWARRANT0.00%$1,68565.0K
28CENNTRO INCCOM0.00%$109141

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 ↗.