Ovata Capital Management Ltd 13F annual report
Ovata Capital Management Ltd is an investment fund managing more than $131 billion ran by Nicholas Bloom. There are currently 30 companies in Mr. Bloom’s portfolio. The largest investments include Fidelity Wise Origin Bitcoin Fund and Grayscale Bitcoin Trust Btc, together worth $40.3 billion.
$131 billion Assets Under Management (AUM)
As of 29th July 2024, Ovata Capital Management Ltd’s top holding is 419,004 shares of Fidelity Wise Origin Bitcoin Fund currently worth over $22.1 billion and making up 16.9% of the portfolio value.
In addition, the fund holds 342,200 shares of Grayscale Bitcoin Trust Btc worth $18.2 billion.
The third-largest holding is Bitwise Bitcoin Etf worth $15.5 billion and the next is HDFC Bank worth $15.1 billion, with 234,636 shares owned.
Currently, Ovata Capital Management Ltd's portfolio is worth at least $131 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Ovata Capital Management Ltd
The Ovata Capital Management Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Nicholas Bloom serves as the Chief Operating Officer at Ovata Capital Management Ltd.
Recent trades
In the most recent 13F filing, Ovata Capital Management Ltd revealed that it had opened a new position in
Fidelity Wise Origin Bitcoin Fund and bought 419,004 shares worth $22.1 billion.
The investment fund also strengthened its position in HDFC Bank by buying
33,161 additional shares.
This makes their stake in HDFC Bank total 234,636 shares worth $15.1 billion.
HDFC Bank dropped approximately 0.1% in the past year.
On the other hand, there are companies that Ovata Capital Management Ltd is getting rid of from its portfolio.
Ovata Capital Management Ltd closed its position in Alight on 5th August 2024.
It sold the previously owned 400,000 shares for $3.57 billion.
Nicholas Bloom also disclosed a decreased stake in Transocean Ltd by approximately 0.1%.
This leaves the value of the investment at $1.61 billion and 300,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Ovata Capital Management Ltd are Apricus Wealth and Kolinsky Wealth Management. They manage $131 billion and $131 billion respectively.
Nicholas Bloom investment strategy
Ovata Capital Management Ltd’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Finance — making up 11.5% of
the total portfolio value.
The fund focuses on investments in the India as
10.0% of the portfolio companies
are based in the India.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
30% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $35.1 billion.
The complete list of Ovata Capital Management Ltd trades based on 13F SEC filings
These positions were updated on August 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Fidelity Wise Origin Bitcoin Fund |
Opened
419,004
|
$22,074,759,000 | 16.87% |
| Grayscale Bitcoin Trust Btc |
Opened
342,200
|
$18,220,663,000 | 13.92% |
| Bitwise Bitcoin Etf |
Opened
469,992
|
$15,453,735,000 | 11.81% |
| HDFC Bank Ltd. |
16.46%
234,636
|
$15,093,040,000 | 11.53% |
| Ishares Bitcoin Trust |
Opened
269,068
|
$9,240,861,000 | 7.06% |
| Infosys Ltd |
Opened
465,065
|
$8,659,510,000 | 6.62% |
| Rio Tinto plc |
27.99%
106,230
|
$6,988,832,000 | 5.34% |
| Liberty Broadband Corp |
Opened
93,712
|
$5,137,292,000 | 3.93% |
| Merchants Bancorp/in |
Opened
100,000
|
$4,054,000,000 | 3.10% |
| Alight Inc. |
Closed
400,000
|
$3,568,000,000 | |
| Talos Energy Inc |
Closed
200,000
|
$2,594,000,000 | |
| Global Payments, Inc. |
Opened
26,700
|
$2,581,890,000 | 1.97% |
| Viking Holdings Ltd |
Opened
75,000
|
$2,545,500,000 | 1.94% |
| Wipro Ltd. |
Opened
400,000
|
$2,440,000,000 | 1.86% |
| Flutter Entertainment Plc |
Opened
13,231
|
$2,412,805,000 | 1.84% |
| Bowman Consulting Group Ltd |
Opened
74,800
|
$2,377,892,000 | 1.82% |
| Tetra Technologies, Inc. |
Opened
500,000
|
$1,730,000,000 | 1.32% |
| Praxis Precision Medicines, Inc. |
Opened
40,000
|
$1,654,400,000 | 1.26% |
| Silvaco Group Inc |
Opened
90,000
|
$1,618,200,000 | 1.24% |
| Permian Resources Corp |
Opened
100,000
|
$1,615,000,000 | 1.23% |
| Transocean Ltd |
0.84%
300,000
|
$1,605,000,000 | 1.23% |
| Annexon Inc |
Opened
200,000
|
$980,000,000 | 0.75% |
| JD.com Inc |
Opened
35,566
|
$919,025,000 | 0.70% |
| Janux Therapeutics Inc |
Opened
20,000
|
$837,800,000 | 0.64% |
| Agenus Inc |
Opened
40,000
|
$670,000,000 | 0.51% |
| Sony Group Corp |
23.40%
6,170
|
$523,701,000 | 0.40% |
| Trip.com Group Ltd |
Opened
9,600
|
$460,509,000 | 0.35% |
| Bhp Group Ltd |
94.28%
8,000
|
$454,457,000 | 0.35% |
| NIO Inc |
Opened
51,104
|
$212,593,000 | 0.16% |
| Dorian LPG Ltd |
Opened
5,000
|
$209,800,000 | 0.16% |
| Boundless Bio Inc |
Opened
25,000
|
$96,750,000 | 0.07% |
| Lakeshore Biopharma Co Ltd |
Opened
150,000
|
$10,215,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
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