In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Oasis Management Co Ltd. reported 31 stock positions worth $275.9 million . Its top holding was Hollysys Automation Technolo (HOLI) at 35.3% of the portfolio, followed by Stratus Properties (STRS, 9.6% ) and Applied Digital (APLD, 8.1% ). Compared with Q4 2023, it opened 6 new positions, sold out of 10, added to 6 and reduced 3. The biggest buy was Hollysys Automation Technolo (HOLI, shares +76% ) and the biggest sale an exit from Textainer (TGH).
Location GRAND CAYMAN, E9
CIK 0001317904
Portfolio Value $275.9M (Q1 2024) Holdings 31 stocks · $275.9M 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 Q4 2023 HOLI Hollysys Automation Technolo 3,806,621 $97.4M Add +76.0% STRS Stratus Properties Inc. 1,158,426 $26.4M No change APLD Applied Digital Corp. 5,225,312 $22.4M Add +6.0% RBA RB Global Inc. 260,413 $19.8M Reduce -17.3% IQ Iqiyi Inc.-ADR 2,485,385 $10.5M Add +16.5% TBPH Theravance Biopharma Inc. 1,157,965 $10.4M Add +15.0% QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 545,320 $10.1M No change RLX RLX Technology Inc.-ADR 5,037,739 $9.7M Reduce -1.9% ATHM Autohome Inc.-ADR 367,978 $9.6M New HTHT H World Group Ltd.-ADR 224,079 $8.7M No change DOYU Douyu International Hold-ADR 1,286,905 $8.5M No change BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 568,900 $7.8M Add +25.8% SE Sea Ltd.-ADR 105,723 $5.7M Add +111.5% VNET Vnet Group Inc.-ADR 3,404,400 $5.3M No change MU Micron Technology Inc. 37,780 $4.5M Reduce -28.5% GHG Greentree Hospitality GR-ADR 1,099,362 $3.4M No change TDCX TDCX Inc. 475,000 $3.4M New SY So-Young International-ADR 2,505,807 $2.7M No change ALLBIRDS INC-CL A 2,505,530 $1.7M No change CMPS Compass Pathways PLC 207,911 $1.7M No change AVGO Broadcom Inc. 1,209 $1.6M New MTBLY Moatable Inc. 2,198,093 $1.5M No change TSM Taiwan Semiconductor-SP ADR 7,000 $952K New CRDO Credo Technology Group Holdi 44,000 $932K New NXDR Nextdoor Holdings Inc. 250,000 $563K No change LRCX Lam Research Corp. 300 $291K New GRNT Granite Ridge Resources Inc. 25,000 $163K No change YSG Yatsen Holding Ltd.-ADR 30,565 $64K No change THCH TH International Ltd./Cayman 32,100 $37K No change NOTE Fiscalnote Holdings Inc. 18,084 $24K No change VERTICAL AEROSPACE LTD 10,000 $11K No change
Options reported separately and not counted above: PDD puts ($29.5M), EWW puts ($13.9M).
Other holdings (25): bonds, preferreds, convertibles and warrants · $18.8M (not counted above) Security Class Shares / Principal Value Change DAVEW Dave Inc. -CW27 *W EXP 01/05/202 203,789 $7.6M New BEYOND MEAT INC (BYND 0 03/15/27) NOTE 3/1 · principal 20,000,000 $4.7M New SWVLW Pivotal Holdings Corp. -CW27 *W EXP 99/99/999 100,000 $1.2M New GCMGW GCM Grosvenor Inc. A -CW25 *W EXP 11/17/202 100,000 $966K New WHOLE EARTH BRANDS INC *W EXP 06/25/202 100,000 $483K New ISPOW Inspirato -CW30 *W EXP 02/11/202 99,961 $395K New ADTHW Adtheorent Holdings Co.-CW27 *W EXP 12/26/202 121,096 $389K New CCGWW Cheche Group Inc. - 28 *W EXP 10/01/203 100,000 $368K No change SSTPW SYSTEM1 Inc.-CW *W EXP 01/27/202 160,000 $314K New LFLYW Merida Merger Corp. I -CW26 *W EXP 02/04/202 100,000 $296K New SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 100,000 $296K New NIOBW Niocorp Developments Ltd. -28 *W EXP 03/17/202 100,000 $272K New VLNWF Valens Semiconductor -CW26 *W EXP 09/30/202 100,000 $235K New GGROW Gogoro Inc. -CW27 *W EXP 04/04/202 100,000 $184K New COOTW Australian Oilseeds Holdi-29 *W EXP 03/22/202 100,000 $166K New SCLXW Vickers Vantage Corp. I -CW27 *W EXP 11/10/202 100,000 $159K New HGASW Dune Acq Class A -CW27 *W EXP 12/21/202 100,000 $137K No change GRDIW Griid Infrastructure Inc.-28 *W EXP 12/29/202 100,000 $132K New LLAPW Terran Orbital Corp. -CW28 *W EXP 03/25/202 99,882 $131K New EVTWF Vertical Aerospace Ltd. -CW26 *W EXP 12/16/202 100,000 $114K New ZEROFOX HLDGS INC *W EXP 08/03/202 100,000 $112K No change STWWF Semantix Inc. -27 *W EXP 08/03/202 100,000 $92K No change MSPRZ MSP Recovery -CW26 *W EXP 05/23/202 100,000 $69K New TMCWW TMC the Metals Co. Inc. -CW25I *W EXP 09/09/202 37,700 $54K New SLNWF Selina Hospitality PLC-27 *W EXP 10/27/202 100,000 $15K New
Total filed on the 13F, all lines: $294.7M.
Portfolio Sells Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▲ TGH Textainer Group Holdings Ltd. Sold out 0.00% −13.54 SAVEQ Spirit Airlines Inc. Sold out 0.00% −1.69 MANU Manchester United PLC Class A Sold out 0.00% −0.83 TRUP Trupanion Inc. Sold out 0.00% −0.33 LTHM Livent Corp. Sold out 0.00% −0.30 SOXX iShares Semiconductor ETF Sold out 0.00% −0.27 AMD Advanced Micro Devices Sold out 0.00% −0.19 AMAT Applied Materials Inc. Sold out 0.00% −0.09 GRCL Gracell Biotechnologies-ADR Sold out 0.00% −0.09 BRAG Bragg Gaming Group Inc. Sold out 0.00% −0.03 RLX RLX Technology Inc.-ADR Reduce -1.9% 3.51% +0.02 RBA RB Global Inc. Reduce -17.3% 7.19% +0.05 MU Micron Technology Inc. Reduce -28.5% 1.61% +0.09
Portfolio Buys Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▼ HOLI Hollysys Automation Technolo Add +76.0% 35.30% +15.98 ATHM Autohome Inc.-ADR New 3.50% +3.50 SE Sea Ltd.-ADR Add +111.5% 2.06% +1.37 TDCX TDCX Inc. New 1.23% +1.23 AVGO Broadcom Inc. New 0.58% +0.58 BEKE Ke Holdings Inc.-ADR Add +25.8% 2.83% +0.35 TSM Taiwan Semiconductor-SP ADR New 0.35% +0.35 CRDO Credo Technology Group Holdi New 0.34% +0.34 IQ Iqiyi Inc.-ADR Add +16.5% 3.81% +0.28 LRCX Lam Research Corp. New 0.11% +0.11 TBPH Theravance Biopharma Inc. Add +15.0% 3.77% −0.07 APLD Applied Digital Corp. Add +6.0% 8.11% −3.15
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ TM Toyota Motor Corp. -Spon ADR call Sold out 608,000 $111.5Mbefore exit M Macy's Inc. call Sold out 3,601,700 $72.5Mbefore exit USO United States Oil Fund LP call Sold out 600,000 $40.0Mbefore exit PDD PDD Holdings Inc. put New 253,500 $29.5M EWW iShares MSCI Mexico ETF put Reduce -16.7% 200,000 $13.9M EFFECTOR THERAPEUTICS INC call Sold out 100,000 $1.2Mbefore exit ALTU Altitude Acquisition Corp. Class A call Sold out 100,000 $1.0Mbefore exit GCMG GCM Grosvenor Inc. Class A call Sold out 100,000 $896Kbefore exit LEAFLY HOLDINGS INC call Sold out 100,000 $481Kbefore exit FATH Fathom Digital Manufacturing call Sold out 100,000 $446Kbefore exit SYSTEM1 INC call Sold out 160,000 $355Kbefore exit FREE Whole Earth Brands Inc. call Sold out 100,000 $341Kbefore exit SONDQ Sonder Holdings Inc. call Sold out 100,000 $339Kbefore exit NB Niocorp Developments Ltd. call Sold out 100,000 $318Kbefore exit GGR Gogoro Inc. call Sold out 100,000 $258Kbefore exit VLN Valens Semiconductor Ltd. call Sold out 100,000 $245Kbefore exit MSP RECOVERY INC call Sold out 100,000 $227Kbefore exit SCLX Scilex Holding Co. call Sold out 100,000 $204Kbefore exit LLAP Terran Orbital Corp. call Sold out 99,882 $114Kbefore exit VERTICAL AEROSPACE LTD call Sold out 100,000 $69Kbefore exit TMC TMC the Metals Co. Inc. call Sold out 37,700 $41Kbefore exit SLNWF Selina Hospitality PLC-27 call Sold out 100,000 $18Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ DAVEW Dave Inc. -CW27 *W EXP 01/05/202 New 203,789 $7.6M BEYOND MEAT INC (BYND 0 03/15/27) NOTE 3/1 · principal New 20,000,000 $4.7M SWVLW Pivotal Holdings Corp. -CW27 *W EXP 99/99/999 New 100,000 $1.2M GCMGW GCM Grosvenor Inc. A -CW25 *W EXP 11/17/202 New 100,000 $966K WHOLE EARTH BRANDS INC *W EXP 06/25/202 New 100,000 $483K ISPOW Inspirato -CW30 *W EXP 02/11/202 New 99,961 $395K ADTHW Adtheorent Holdings Co.-CW27 *W EXP 12/26/202 New 121,096 $389K SSTPW SYSTEM1 Inc.-CW *W EXP 01/27/202 New 160,000 $314K LFLYW Merida Merger Corp. I -CW26 *W EXP 02/04/202 New 100,000 $296K SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 New 100,000 $296K NIOBW Niocorp Developments Ltd. -28 *W EXP 03/17/202 New 100,000 $272K VLNWF Valens Semiconductor -CW26 *W EXP 09/30/202 New 100,000 $235K GGROW Gogoro Inc. -CW27 *W EXP 04/04/202 New 100,000 $184K COOTW Australian Oilseeds Holdi-29 *W EXP 03/22/202 New 100,000 $166K SCLXW Vickers Vantage Corp. I -CW27 *W EXP 11/10/202 New 100,000 $159K GRDIW Griid Infrastructure Inc.-28 *W EXP 12/29/202 New 100,000 $132K LLAPW Terran Orbital Corp. -CW28 *W EXP 03/25/202 New 99,882 $131K EVTWF Vertical Aerospace Ltd. -CW26 *W EXP 12/16/202 New 100,000 $114K MSPRZ MSP Recovery -CW26 *W EXP 05/23/202 New 100,000 $69K TMCWW TMC the Metals Co. Inc. -CW25I *W EXP 09/09/202 New 37,700 $54K SLNWF Selina Hospitality PLC-27 *W EXP 10/27/202 New 100,000 $15K
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 65 $848.3M MTN, APLD, ACMR, HUT, CORZ Q1 2026 63 $727.4M MTN, HUT, VNET, CORZ, STRS Q4 2025 58 $652.2M MTN, HUT, CORZ, VNET, STRS Q3 2025 63 $451.6M MTN, VNET, STRS, APLD, RBA Q2 2025 54 $414.3M MTN, VNET, STRS, SQNS, RBA Q1 2025 51 $291.5M APLD, VNET, STRS, RBA, NBIS Q4 2024 46 $285.6M APLD, NBIS, LB, RBA, VNET Q3 2024 38 $263.7M APLD, STRS, RBA, VNET, ATHM Q2 2024 35 $294.6M HOLI, APLD, STRS, RBA, DOYU Q1 2024 Amended 31 $275.9M HOLI, STRS, APLD, RBA, IQ