Oxbow Capital Management (HK) Ltd

Name: Oxbow Capital Management (HK) Ltd 13F holdings, Q2 2026
Creator: Oxbow Capital Management (HK) Ltd
Published: 2026-08-14

Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Oxbow Capital Management (HK) Ltd reported 4 stock positions worth $354.8 million. Its top holding was Coherent (COHR) at 46.7% of the portfolio, followed by Sandisk (SNDK, 25.6%) and Hudbay Minerals (HBM, 19.6%). Compared with Q1 2026, it opened 1 new position, sold out of 3, added to 2 and reduced 1. The biggest buy was Coherent (COHR, shares +4%) and the biggest sale an exit from Seagate Technology (STX).

Most Recent 13F: Q2 2026
Location: HONG KONG, K3
CIK: 0001713269
Portfolio Value: $354.8M (Q2 2026)
SEC Filing: 0001713269-26-000004 ↗ filed Aug 14, 2026

Holdings Value

Holdings 4 stocks · $354.8M


COHR Coherent Corp.	46.69%	420,000	$165.7M	Add +3.7%
SNDK Sandisk Corp.	25.63%	40,000	$90.9M	Reduce -77.0%
HBM Hudbay Minerals Inc.	19.63%	2,950,000	$69.6M	Add +200.1%
ALM Almonty Industries Inc.	8.05%	1,724,226	$28.6M	New

Portfolio Sells Q1 2026 → Q2 2026


STX Seagate Technology Holdings	Sold out	0.00%	−20.09
AA Alcoa Corp.	Sold out	0.00%	−12.25
ACMR Acm Research Inc. Class A	Sold out	0.00%	−6.33
SNDK Sandisk Corp.	Reduce -77.0%	25.63%	−4.16

Portfolio Buys Q1 2026 → Q2 2026


COHR Coherent Corp.	Add +3.7%	46.69%	+20.69
HBM Hudbay Minerals Inc.	Add +200.1%	19.63%	+14.09
ALM Almonty Industries Inc.	New	8.05%	+8.05

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	4	$354.8M	COHR, SNDK, HBM, ALM
Q1 2026	6	$371.0M	SNDK, COHR, STX, AA, ACMR
Q4 2025	8	$360.4M	STX, AVGO, SNDK, CRDO, AA
Q3 2025	11	$570.8M	STX, CRDO, AVGO, VNET, WWW
Q2 2025	11	$395.0M	COHR, AVGO, AS, CRDO, SN
Q1 2025	10	$318.5M	IBN, AS, SN, AVGO, TCOM
Q4 2024	9	$281.8M	NVDA, IBN, TCOM, AS, BEKE
Q3 2024	9	$234.6M	IBN, NVDA, PDD, CCJ, TCOM
Q2 2024	8	$295.8M	NVDA, PDD, IBN, CCJ, NXE
Q1 2024	6	$250.4M	NVDA, CCJ, IBN, PDD, NTES