Oasis Management Co Ltd.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Oasis Management Co Ltd. reported 38 stock positions worth $263.7 million. Its top holding was Applied Digital (APLD) at 31.9% of the portfolio, followed by Stratus Properties (STRS, 11.3%) and RB Global (RBA, 5.6%). Compared with Q2 2024, it opened 8 new positions, sold out of 5, added to 10 and reduced 7. The biggest buy was Applied Digital (APLD, shares +43%) and the biggest sale an exit from Hollysys Automation Technolo (HOLI).
- Most Recent 13F
- Q2 2026
- Location
- GRAND CAYMAN, E9
- CIK
- 0001317904
- Portfolio Value
- $263.7M (Q3 2024)
- SEC Filing
- 0001140361-24-046764 ↗ filed Nov 14, 2024
Holdings Value
Holdings 38 stocks · $263.7M
| APLD Applied Digital Corp. | 31.86% | 10,184,310 | $84.0M | Add +43.5% |
| STRS Stratus Properties Inc. | 11.27% | 1,143,210 | $29.7M | Reduce -1.3% |
| RBA RB Global Inc. | 5.59% | 183,244 | $14.7M | Reduce -18.7% |
| VNET Vnet Group Inc.-ADR | 5.27% | 3,404,400 | $13.9M | No change |
| ATHM Autohome Inc.-ADR | 4.55% | 367,978 | $12.0M | No change |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 4.00% | 353,967 | $10.6M | Reduce -32.1% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 3.79% | 502,170 | $10.0M | Add +14.1% |
| JD Jd.com Inc.-ADR | 3.56% | 235,000 | $9.4M | Add +23.7% |
| RLX RLX Technology Inc.-ADR | 3.51% | 5,108,123 | $9.2M | Add +4.0% |
| TBPH Theravance Biopharma Inc. | 3.41% | 1,115,765 | $9.0M | Reduce -3.6% |
| GRFS Grifols SA-ADR | 3.25% | 966,470 | $8.6M | Add +202.0% |
| HTHT H World Group Ltd.-ADR | 2.74% | 194,079 | $7.2M | Add +8.4% |
| TAL Tal Education Group- ADR | 2.36% | 525,101 | $6.2M | Add +28.0% |
| IQ Iqiyi Inc.-ADR | 2.31% | 2,134,102 | $6.1M | Reduce -15.8% |
| ACMR Acm Research Inc. Class A | 2.22% | 287,879 | $5.8M | Add +35.8% |
| EDU New Oriental Educatio-SP ADR | 2.10% | 73,100 | $5.5M | Add +12.3% |
| SE Sea Ltd.-ADR | 1.61% | 45,000 | $4.2M | Reduce -52.4% |
| GHG Greentree Hospitality GR-ADR | 1.29% | 1,099,362 | $3.4M | No change |
| NAPA The Duckhorn Portfolio Inc. | 1.02% | 465,255 | $2.7M | New |
| SY So-Young International-ADR | 0.88% | 2,505,807 | $2.3M | No change |
| AVGO Broadcom Inc. | 0.59% | 9,090 | $1.6M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.46% | 7,000 | $1.2M | No change |
| XCAFX Morgan Stanley China A Share | 0.34% | 66,666 | $903K | New |
| BABA Alibaba Group Holding-SP ADR | 0.28% | 7,000 | $743K | New |
| CMPS Compass Pathways PLC | 0.26% | 107,911 | $680K | No change |
| CRDO Credo Technology Group Holdi | 0.26% | 22,000 | $678K | No change |
| NXDR Nextdoor Holdings Inc. | 0.24% | 250,000 | $620K | No change |
| YSG Yatsen Holding Ltd.-ADR | 0.23% | 180,564 | $616K | Add +489.0% |
| HSAI Hesai Group | 0.18% | 100,000 | $469K | New |
| OLPX Olaplex Holdings Inc. | 0.18% | 196,569 | $462K | New |
| EAF Graftech International Ltd. | 0.11% | 221,040 | $292K | New |
| MU Micron Technology Inc. | 0.08% | 2,100 | $218K | Reduce -88.5% |
| ZKH ZKH Group Ltd. | 0.07% | 50,000 | $185K | New |
| GRNT Granite Ridge Resources Inc. | 0.06% | 25,000 | $149K | No change |
| ALTI Alti Global Inc. | 0.04% | 25,000 | $94K | No change |
| HTT High Templar Tech Limited filed as QUDIAN INC | 0.02% | 27,875 | $59K | New |
| THCH TH International Ltd./Cayman | 0.01% | 32,100 | $26K | No change |
| NOTE Fiscalnote Holdings Inc. | 0.01% | 18,084 | $23K | No change |
Options reported separately and not counted above: QQQ puts ($69.5M), BIDU calls ($50.0M), NVDA puts ($24.3M), USO calls ($14.0M), ASHR calls ($8.6M), TIGR calls ($5.3M).
Other holdings (36): bonds, preferreds, convertibles and warrants · $29.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | 203,789 | $8.1M | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 4,000,000 | $3.5M | New |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 20,000,000 | $3.3M | No change |
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | 200,000 | $2.2M | No change |
| PITWF Heramba Electric PLC-28 | *W EXP 07/26/202 | 850,000 | $1.5M | New |
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | 100,000 | $1.3M | New |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 100,000 | $1.1M | No change |
| PGYWW Pagaya Technologies Ltd. -27 | *W EXP 99/99/999 | 100,000 | $1.1M | New |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 100,000 | $1.0M | New |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 1,000,000 | $923K | New |
| EVTWF Vertical Aerospace Ltd. -CW26 | *W EXP 12/16/202 | 100,000 | $693K | No change |
| GBGWF Global Blue Group Holding AG | *W EXP 08/28/202 | 86,505 | $473K | New |
| SONWQ Gores Metropoulos II -CW28 | *W EXP 01/18/202 | 100,000 | $468K | No change |
| ISPOW Inspirato -CW30 | *W EXP 02/11/202 | 99,961 | $405K | No change |
| DFNSW T3 Defense Inc.-CW28 | *W EXP 12/22/202 | 140,000 | $325K | No change |
| SWVLW Pivotal Holdings Corp. -CW27 | *W EXP 99/99/999 | 100,000 | $290K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 100,000 | $230K | No change |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 100,000 | $218K | No change |
| LFLYW Merida Merger Corp. I -CW26 | *W EXP 02/04/202 | 100,000 | $210K | No change |
| ARBEW Arbe Robotics Ltd. -CW26 | *W EXP 99/99/999 | 100,000 | $191K | New |
| SSTPW SYSTEM1 Inc.-CW | *W EXP 01/27/202 | 160,000 | $179K | No change |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | 100,000 | $179K | No change |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 100,000 | $168K | No change |
| BBAI.WS Bigbear.ai Holdings -CW28 | *W EXP 12/08/202 | 100,000 | $146K | No change |
| VLNWF Valens Semiconductor -CW26 | *W EXP 09/30/202 | 50,000 | $110K | Reduce -50.0% |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 100,000 | $104K | No change |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | 100,000 | $103K | New |
| RMCOW American Acq Class A -CW26 | *W EXP 10/31/202 | 100,000 | $97K | New |
| SCLXW Vickers Vantage Corp. I -CW27 | *W EXP 11/10/202 | 100,000 | $92K | No change |
| CCGWW Cheche Group Inc. - 28 | *W EXP 10/01/203 | 100,000 | $92K | No change |
| COOTW Australian Oilseeds Holdi-29 | *W EXP 03/22/202 | 100,000 | $88K | No change |
| GRDIW Griid Infrastructure Inc.-28 | *W EXP 12/29/202 | 100,000 | $77K | No change |
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | 100,000 | $58K | New |
| GGROW Gogoro Inc. -CW27 | *W EXP 04/04/202 | 100,000 | $53K | No change |
| TMCWW TMC the Metals Co. Inc. -CW25I | *W EXP 09/09/202 | 37,700 | $40K | No change |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | 100,000 | $29K | New |
Total filed on the 13F, all lines: $293.0M.
Portfolio Sells Q2 2024 → Q3 2024
| HOLI Hollysys Automation Technolo | Sold out | 0.00% | −27.97 |
| DOYU Douyu International Hold-ADR | Sold out | 0.00% | −4.80 |
| IQ Iqiyi Inc.-ADR | Reduce -15.8% | 2.31% | −0.84 |
| MU Micron Technology Inc. | Reduce -88.5% | 0.08% | −0.73 |
| SE Sea Ltd.-ADR | Reduce -52.4% | 1.61% | −0.68 |
| RBA RB Global Inc. | Reduce -18.7% | 5.59% | −0.25 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.11 |
| ATAT Atour Lifestyle Holdings-ADR | Sold out | 0.00% | −0.09 |
| VERTICAL AEROSPACE LTD | Sold out | 0.00% | −0.00 |
| TBPH Theravance Biopharma Inc. | Reduce -3.6% | 3.41% | +0.08 |
| QFIN Qfin Holdings Inc.-ADR | Reduce -32.1% | 4.00% | +0.51 |
| STRS Stratus Properties Inc. | Reduce -1.3% | 11.27% | +1.35 |
Portfolio Buys Q2 2024 → Q3 2024
| APLD Applied Digital Corp. | Add +43.5% | 31.86% | +17.52 |
| GRFS Grifols SA-ADR | Add +202.0% | 3.25% | +2.57 |
| JD Jd.com Inc.-ADR | Add +23.7% | 3.56% | +1.90 |
| BEKE Ke Holdings Inc.-ADR | Add +14.1% | 3.79% | +1.68 |
| NAPA The Duckhorn Portfolio Inc. | New | 1.02% | +1.02 |
| TAL Tal Education Group- ADR | Add +28.0% | 2.36% | +0.87 |
| HTHT H World Group Ltd.-ADR | Add +8.4% | 2.74% | +0.71 |
| ACMR Acm Research Inc. Class A | Add +35.8% | 2.22% | +0.56 |
| RLX RLX Technology Inc.-ADR | Add +4.0% | 3.51% | +0.44 |
| EDU New Oriental Educatio-SP ADR | Add +12.3% | 2.10% | +0.38 |
| XCAFX Morgan Stanley China A Share | New | 0.34% | +0.34 |
| BABA Alibaba Group Holding-SP ADR | New | 0.28% | +0.28 |
| YSG Yatsen Holding Ltd.-ADR | Add +489.0% | 0.23% | +0.21 |
| HSAI Hesai Group | New | 0.18% | +0.18 |
| OLPX Olaplex Holdings Inc. | New | 0.18% | +0.18 |
| EAF Graftech International Ltd. | New | 0.11% | +0.11 |
| ZKH ZKH Group Ltd. | New | 0.07% | +0.07 |
| HTT High Templar Tech Limited | New | 0.02% | +0.02 |
Options Activity Q2 2024 → Q3 2024
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -16.3% | 142,300 | $69.5M |
| BIDU Baidu Inc. - Spon ADR | call | New | 474,800 | $50.0M |
| NVDA Nvidia Corp. | put | Reduce -50.0% | 200,000 | $24.3M |
| USO United States Oil Fund LP | call | New | 200,000 | $14.0M |
| ASHR Xtrackers Harvest Csi 300 CH | call | New | 300,000 | $8.6M |
| TIGR Up Fintech Holding Ltd. - ADR | call | New | 1,000,000 | $5.3M |
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
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | New | 4,000,000 | $3.5M |
| PITWF Heramba Electric PLC-28 | *W EXP 07/26/202 | New | 850,000 | $1.5M |
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | New | 100,000 | $1.3M |
| PGYWW Pagaya Technologies Ltd. -27 | *W EXP 99/99/999 | New | 100,000 | $1.1M |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | New | 100,000 | $1.0M |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | New | 1,000,000 | $923K |
| ICUCW LMF Acquisition Opp -A -CW26 | *W EXP 10/28/202 | Sold out | 100,000 | $759Kbefore exit |
| WHOLE EARTH BRANDS INC | *W EXP 06/25/202 | Sold out | 100,000 | $486Kbefore exit |
| GBGWF Global Blue Group Holding AG | *W EXP 08/28/202 | New | 86,505 | $473K |
| ARBEW Arbe Robotics Ltd. -CW26 | *W EXP 99/99/999 | New | 100,000 | $191K |
| VLNWF Valens Semiconductor -CW26 | *W EXP 09/30/202 | Reduce -50.0% | 50,000 | $110K |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | New | 100,000 | $103K |
| RMCOW American Acq Class A -CW26 | *W EXP 10/31/202 | New | 100,000 | $97K |
| LLAPW Terran Orbital Corp. -CW28 | *W EXP 03/25/202 | Sold out | 99,882 | $82Kbefore exit |
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | New | 100,000 | $58K |
| MSPRZ MSP Recovery -CW26 | *W EXP 05/23/202 | Sold out | 100,000 | $46Kbefore exit |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | New | 100,000 | $29K |
| SLNWF Selina Hospitality PLC-27 | *W EXP 10/27/202 | Sold out | 100,000 | $7Kbefore exit |
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 2024Amended | 31 | $275.9M | HOLI, STRS, APLD, RBA, IQ |