In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Athos Capital Ltd reported 24 stock positions worth $307.6 million . Its top holding was Endeavor Group Hold Class A (EDR) at 71.7% of the portfolio, followed by Posco Holdings Inc. -Spon ADR (PKX, 3.7% ) and iShares Bitcoin Trust ETF (IBIT, 2.9% ). Compared with Q2 2024, it opened 9 new positions, sold out of 9 and added to 12. The biggest buy was Endeavor Group Hold Class A (EDR, shares +136% ) and the biggest sale an exit from Hollysys Automation Technolo (HOLI).
Location HONG KONG, K3
CIK 0001681662
Portfolio Value $307.6M (Q3 2024) Holdings 24 stocks · $307.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 EDR Endeavor Group Hold Class A 7,719,200 $220.5M Add +135.9% PKX Posco Holdings Inc. -Spon ADR 162,500 $11.4M New IBIT iShares Bitcoin Trust ETF 247,360 $8.9M Add +22.8% ACI Albertsons Cos Inc. Class A 445,262 $8.2M Add +10.8% K Kellanova 90,500 $7.3M New ANSS Ansys Inc. 21,800 $6.9M Add +103.7% VSTO Vista Outdoor Inc. 165,742 $6.5M Add +3.6% CTLT Catalent Inc. 99,200 $6.0M New AY Atlantica Sustainable Infras 220,100 $4.8M Add +10.1% LBRDK Liberty Broadband-C 60,000 $4.6M New AGR Avangrid Inc. 110,000 $3.9M Add +10.0% ENV Envestnet Inc. 50,000 $3.1M New SQSP Squarespace Inc. Class A 66,100 $3.1M New BSIIU Black Spade Acquisition II C 250,000 $2.5M New ESGR Enstar Group Ltd. 7,700 $2.5M New JOYY Joyy Inc.-ADR 54,900 $2.0M Add +9.4% AGS Playags Inc. 110,000 $1.3M Add +10.0% PARAA Paramount Global Class B 110,200 $1.2M New CHEB.U Chenghe Acquisition II Co. 75,000 $752K No change JNPR Juniper Networks Inc. 19,000 $741K Add +9.8% HUYA Huya Inc.-ADR 127,346 $649K Add +9.4% LEGT.U Legato Merger Corp. III 25,000 $257K No change CCIXU Churchill Capital Corp. Ix 25,000 $252K No change DOYU Douyu International Hold-ADR 19,925 $216K Add +9.3%
Other holdings (16): bonds, preferreds, convertibles and warrants · $3.5M (not counted above) Security Class Shares / Principal Value Change REEWF Cartesian Growth Corp. II -28 *W EXP 07/12/202 114,289 $1.3M No change MRNOW Murano Global BV-28 *W EXP 03/19/202 42,840 $381K No change LANWF Lanvin Group Holdings Ltd.-27 *W EXP 01/14/202 157,703 $270K No change ASBPW Aspire Biopharma Holdin-CW27 *W EXP 05/23/202 21,383 $261K No change JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 17,307 $220K New AILWQ Arrowroot Acquisition -CW26 *W EXP 04/16/202 120,076 $201K No change ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 92,368 $176K No change BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 66,062 $147K No change COCHW Envoy Medical Inc.-CW27 *W EXP 09/29/202 28,588 $105K No change SDSTW Global Partner Acq A -CW27 *W EXP 06/21/202 11,378 $93K New LAKESHORE BIOPHARMA CO LTD *W EXP 03/15/202 128,981 $88K No change BBAI.WS Bigbear.ai Holdings -CW28 *W EXP 12/08/202 57,178 $83K No change SPWRW Sunpower Inc.-CW27 *W EXP 07/31/202 28,420 $80K No change CPTWF Captivision Inc.-28 *W EXP 11/15/202 32,075 $66K No change ZOOZW Zooz Strategy Ltd.-29 *W EXP 04/02/202 17,135 $34K No change PIIIW P3 Health Partne -CW27 *W EXP 11/19/202 37,052 $14K No change
Total filed on the 13F, all lines: $311.1M.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ HOLI Hollysys Automation Technolo Sold out 0.00% −13.78 X United States Steel Corp. Sold out 0.00% −3.08 NVEI Nuvei Corp.-Subordinate VTG Sold out 0.00% −1.92 RCM R1 RCM Inc. Sold out 0.00% −1.65 SRCL Stericycle Inc. Sold out 0.00% −1.38 PWSC Powerschool Holdings Inc. Class A Sold out 0.00% −1.06 M Macy's Inc. Sold out 0.00% −0.94 SRG Seritage Growth Prop- A Sold out 0.00% −0.83 MTTR Matterport Inc. Sold out 0.00% −0.70
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ EDR Endeavor Group Hold Class A Add +135.9% 71.67% +19.22 PKX Posco Holdings Inc. -Spon ADR New 3.70% +3.70 K Kellanova New 2.37% +2.37 CTLT Catalent Inc. New 1.95% +1.95 LBRDK Liberty Broadband-C New 1.51% +1.51 ENV Envestnet Inc. New 1.02% +1.02 SQSP Squarespace Inc. Class A New 1.00% +1.00 BSIIU Black Spade Acquisition II C New 0.81% +0.81 ESGR Enstar Group Ltd. New 0.80% +0.80 PARAA Paramount Global Class B New 0.38% +0.38 ANSS Ansys Inc. Add +103.7% 2.26% +0.22 DOYU Douyu International Hold-ADR Add +9.3% 0.07% −0.05 HUYA Huya Inc.-ADR Add +9.4% 0.21% −0.06 JNPR Juniper Networks Inc. Add +9.8% 0.24% −0.13 JOYY Joyy Inc.-ADR Add +9.4% 0.65% −0.25 AGS Playags Inc. Add +10.0% 0.41% −0.27 AGR Avangrid Inc. Add +10.0% 1.28% −0.83 AY Atlantica Sustainable Infras Add +10.1% 1.57% −1.03 IBIT iShares Bitcoin Trust ETF Add +22.8% 2.91% −1.17 VSTO Vista Outdoor Inc. Add +3.6% 2.11% −1.46 ACI Albertsons Cos Inc. Class A Add +10.8% 2.67% −2.03
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ IP International Paper Co. call Sold out 350,000 $15.1Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024 Security Class Change vs Q2 2024 Shares / Principal Value ▼ CVIIW Churchill Capital Vii -CW28 *W EXP 02/29/202 Sold out 35,196 $379Kbefore exit JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 New 17,307 $220K SDSTW Global Partner Acq A -CW27 *W EXP 06/21/202 New 11,378 $93K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 29 $277.8M WBD, MOMO, BEKE, NSC, JHG Q1 2026 32 $323.7M WBD, MOMO, BEKE, KVUE, VIPS Q4 2025 26 $248.1M KVUE, MOMO, BEKE, RNAM, HOLX Q3 2025 23 $153.9M BEKE, KVUE, GTLS, LBRDK, TXNM Q2 2025 23 $64.5M SKX, K, CHA, GB, ANSS Q1 2025 30 $78.8M K, ITCI, DFS, DESP, JNPR Q4 2024 23 $209.9M EDR, K, IBIT, LBRDK, SMAR Q3 2024 24 $307.6M EDR, PKX, IBIT, ACI, K Q2 2024 24 $168.6M EDR, HOLI, ACI, IBIT, VSTO Q1 2024 21 $76.1M HOLI, ACI, X, BILI, JNPR