Athos Capital Ltd

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Athos Capital Ltd reported 24 stock positions worth $168.6 million. Its top holding was Endeavor Group Hold Class A (EDR) at 52.5% of the portfolio, followed by Hollysys Automation Technolo (HOLI, 13.8%) and Albertsons Cos Class A (ACI, 4.7%). Compared with Q1 2024, it opened 10 new positions, sold out of 7, added to 5 and reduced 2. The biggest buy was Endeavor Group Hold Class A (EDR, shares +8205%) and the biggest sale an exit from Bilibili Inc.-Sponsored ADR (BILI).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001681662
Portfolio Value
$168.6M (Q2 2024)
SEC Filing
0001681662-24-000004 ↗ filed Aug 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $76.1M Q1 2024 Q2 2024: $168.6M $168.6M Q2 2024 Q3 2024: $307.6M Q3 2024 Q4 2024: $209.9M Q4 2024 Q1 2025: $78.8M Q1 2025 Q2 2025: $64.5M Q2 2025 Q3 2025: $153.9M Q3 2025 Q4 2025: $248.1M Q4 2025 Q1 2026: $323.7M Q1 2026 Q2 2026: $277.8M Q2 2026

Holdings 24 stocks · $168.6M
EDR Endeavor Group Hold Class A 52.45% 3,272,200 $88.4M Add +8205.1%
HOLI Hollysys Automation Technolo 13.78% 1,073,677 $23.2M No change
ACI Albertsons Cos Inc. Class A 4.71% 401,862 $7.9M Reduce -1.2%
IBIT iShares Bitcoin Trust ETF 4.08% 201,360 $6.9M Add +648.5%
VSTO Vista Outdoor Inc. 3.57% 160,000 $6.0M New
X United States Steel Corp. 3.08% 137,600 $5.2M No change
AY Atlantica Sustainable Infras 2.60% 200,000 $4.4M New
AGR Avangrid Inc. 2.11% 100,000 $3.6M New
ANSS Ansys Inc. 2.04% 10,700 $3.4M No change
NVEI Nuvei Corp.-Subordinate VTG 1.92% 100,000 $3.2M New
RCM R1 RCM Inc. 1.65% 222,100 $2.8M Add +29.1%
SRCL Stericycle Inc. 1.38% 40,000 $2.3M New
PWSC Powerschool Holdings Inc. Class A 1.06% 80,000 $1.8M New
M Macy's Inc. 0.94% 82,400 $1.6M Add +32.0%
JOYY Joyy Inc.-ADR 0.90% 50,200 $1.5M No change
SRG Seritage Growth Prop- A 0.83% 300,000 $1.4M Add +200.0%
MTTR Matterport Inc. 0.70% 265,000 $1.2M New
AGS Playags Inc. 0.68% 100,000 $1.1M New
CHEB.U Chenghe Acquisition II Co. 0.45% 75,000 $751K New
JNPR Juniper Networks Inc. 0.37% 17,300 $631K Reduce -86.4%
HUYA Huya Inc.-ADR 0.27% 116,346 $460K No change
LEGT.U Legato Merger Corp. III 0.15% 25,000 $255K No change
CCIXU Churchill Capital Corp. Ix 0.15% 25,000 $253K New
DOYU Douyu International Hold-ADR 0.12% 18,225 $200K No change

Options reported separately and not counted above: IP calls ($15.1M).

Other holdings (15): bonds, preferreds, convertibles and warrants · $4.6M (not counted above)
SecurityClassShares / PrincipalValueChange
REEWF Cartesian Growth Corp. II -28 *W EXP 07/12/202 114,289$1.3MNo change
AILWQ Arrowroot Acquisition -CW26 *W EXP 04/16/202 120,076$1.1MNew
MRNOW Murano Global BV-28 *W EXP 03/19/202 42,840$429KNo change
CVIIW Churchill Capital Vii -CW28 *W EXP 02/29/202 35,196$379KNo change
LANWF Lanvin Group Holdings Ltd.-27 *W EXP 01/14/202 157,703$282KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 66,062$247KNo change
ASBPW Aspire Biopharma Holdin-CW27 *W EXP 05/23/202 21,383$241KNo change
ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 92,368$190KNo change
BBAI.WS Bigbear.ai Holdings -CW28 *W EXP 12/08/202 57,178$86KNo change
CPTWF Captivision Inc.-28 *W EXP 11/15/202 32,075$84KNo change
LAKESHORE BIOPHARMA CO LTD *W EXP 03/15/202 128,981$84KNo change
COCHW Envoy Medical Inc.-CW27 *W EXP 09/29/202 28,588$67KNo change
ZOOZW Zooz Strategy Ltd.-29 *W EXP 04/02/202 17,135$38KNew
SPWRW Sunpower Inc.-CW27 *W EXP 07/31/202 28,420$32KNo change
PIIIW P3 Health Partne -CW27 *W EXP 11/19/202 37,052$17KNo change

Total filed on the 13F, all lines: $173.2M.

Portfolio Sells Q1 2024 → Q2 2024
BILI Bilibili Inc.-Sponsored ADR Sold out 0.00% −7.36
ACI Albertsons Cos Inc. Class A Reduce -1.2% 4.71% −6.75
JNPR Juniper Networks Inc. Reduce -86.4% 0.37% −5.83
CPRI Capri Holdings Ltd. Sold out 0.00% −5.73
DFS Discover Financial Services Sold out 0.00% −3.65
BUD Anheuser-Busch Inbev-SPN ADR Sold out 0.00% −2.80
GAQ Generation Asia I Acquisit-A Sold out 0.00% −1.24
SCRM Screaming Eagle Acq Class A Sold out 0.00% −1.21
SDSTW Global Partner Acqistn Corp. Sold out 0.00% −0.17

Portfolio Buys Q1 2024 → Q2 2024
EDR Endeavor Group Hold Class A Add +8205.1% 52.45% +51.12
VSTO Vista Outdoor Inc. New 3.57% +3.57
IBIT iShares Bitcoin Trust ETF Add +648.5% 4.08% +2.64
AY Atlantica Sustainable Infras New 2.60% +2.60
AGR Avangrid Inc. New 2.11% +2.11
NVEI Nuvei Corp.-Subordinate VTG New 1.92% +1.92
SRCL Stericycle Inc. New 1.38% +1.38
PWSC Powerschool Holdings Inc. Class A New 1.06% +1.06
MTTR Matterport Inc. New 0.70% +0.70
AGS Playags Inc. New 0.68% +0.68
CHEB.U Chenghe Acquisition II Co. New 0.45% +0.45
CCIXU Churchill Capital Corp. Ix New 0.15% +0.15
SRG Seritage Growth Prop- A Add +200.0% 0.83% −0.44
M Macy's Inc. Add +32.0% 0.94% −0.70
RCM R1 RCM Inc. Add +29.1% 1.65% −1.26

Options Activity Q1 2024 → Q2 2024
IP International Paper Co. call New 350,000 $15.1M
VOD Vodafone Group PLC-SP ADR call Sold out 500,000 $4.5Mbefore exit
X United States Steel Corp. call Sold out 100,000 $4.1Mbefore exit
VZIO Vizio Holding Corp. Class A call Sold out 300,000 $3.3Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2024 → Q2 2024
AILWQ Arrowroot Acquisition -CW26 *W EXP 04/16/202 New 120,076 $1.1M
GAQWF Generation Asia I Acq -CW23 *W EXP 99/99/999 Sold out 42,840 $472Kbefore exit
RMGWF RMG Acquisition Class A -CW27 *W EXP 99/99/999 Sold out 41,534 $415Kbefore exit
SCRMW Screaming Eagle Acq Class A -27 *W EXP 99/99/999 Sold out 28,629 $306Kbefore exit
AEON BIOPHARMA INC *W EXP 07/21/202 Sold out 25,417 $295Kbefore exit
KYCHW Keyarch Acquisition Corp. -28 *W EXP 99/99/999 Sold out 17,135 $211Kbefore exit
ZOOZW Zooz Strategy Ltd.-29 *W EXP 04/02/202 New 17,135 $38K
KYCHR Keyarch Acquisition Corp.-RT RIGHT 01/24/2027 Sold out 35,395 $9Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 29$277.8MWBD, MOMO, BEKE, NSC, JHG
Q1 2026 32$323.7MWBD, MOMO, BEKE, KVUE, VIPS
Q4 2025 26$248.1MKVUE, MOMO, BEKE, RNAM, HOLX
Q3 2025 23$153.9MBEKE, KVUE, GTLS, LBRDK, TXNM
Q2 2025 23$64.5MSKX, K, CHA, GB, ANSS
Q1 2025 30$78.8MK, ITCI, DFS, DESP, JNPR
Q4 2024 23$209.9MEDR, K, IBIT, LBRDK, SMAR
Q3 2024 24$307.6MEDR, PKX, IBIT, ACI, K
Q2 2024 24$168.6MEDR, HOLI, ACI, IBIT, VSTO
Q1 2024 21$76.1MHOLI, ACI, X, BILI, JNPR