Oxbow Capital Management (HK) Ltd

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Oxbow Capital Management (HK) Ltd reported 8 stock positions worth $295.8 million. Its top holding was Nvidia (NVDA) at 33.8% of the portfolio, followed by PDD (PDD, 17.0%) and Icici Bank Ltd.-Spon ADR (IBN, 16.8%). Compared with Q1 2024, it opened 3 new positions, sold out of 1, added to 3 and reduced 2. The biggest buy was a new position in Makemytrip (MMYT) and the biggest sale an exit from Netease Inc.-ADR (NTES).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001713269
Portfolio Value
$295.8M (Q2 2024)
SEC Filing
0001713269-24-000004 ↗ filed Aug 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $250.4M Q1 2024 Q2 2024: $295.8M $295.8M Q2 2024 Q3 2024: $234.6M Q3 2024 Q4 2024: $281.8M Q4 2024 Q1 2025: $318.5M Q1 2025 Q2 2025: $395.0M Q2 2025 Q3 2025: $570.8M Q3 2025 Q4 2025: $360.4M Q4 2025 Q1 2026: $371.0M Q1 2026 Q2 2026: $354.8M Q2 2026

Holdings 8 stocks · $295.8M
NVDA Nvidia Corp. 33.83% 810,000 $100.1M Reduce -19.0%
PDD PDD Holdings Inc. 16.96% 377,372 $50.2M Add +46.8%
IBN Icici Bank Ltd.-Spon ADR 16.76% 1,721,118 $49.6M Add +8.3%
CCJ Cameco Corp. 14.61% 878,376 $43.2M Reduce -11.7%
NXE Nexgen Energy Ltd. 6.20% 2,627,193 $18.3M Add +3.4%
MMYT Makemytrip Ltd. 6.08% 213,688 $18.0M New
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 3.20% 667,895 $9.5M New
BE Bloom Energy Corp. Class A 2.36% 569,846 $7.0M New

Portfolio Sells Q1 2024 → Q2 2024
NTES Netease Inc.-ADR Sold out 0.00% −10.12
CCJ Cameco Corp. Reduce -11.7% 14.61% −2.60
NVDA Nvidia Corp. Reduce -19.0% 33.83% −2.25

Portfolio Buys Q1 2024 → Q2 2024
MMYT Makemytrip Ltd. New 6.08% +6.08
PDD PDD Holdings Inc. Add +46.8% 16.96% +5.03
BEKE Ke Holdings Inc.-ADR New 3.20% +3.20
BE Bloom Energy Corp. Class A New 2.36% +2.36
IBN Icici Bank Ltd.-Spon ADR Add +8.3% 16.76% −0.00
NXE Nexgen Energy Ltd. Add +3.4% 6.20% −1.68

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$354.8MCOHR, SNDK, HBM, ALM
Q1 2026 6$371.0MSNDK, COHR, STX, AA, ACMR
Q4 2025 8$360.4MSTX, AVGO, SNDK, CRDO, AA
Q3 2025 11$570.8MSTX, CRDO, AVGO, VNET, WWW
Q2 2025 11$395.0MCOHR, AVGO, AS, CRDO, SN
Q1 2025 10$318.5MIBN, AS, SN, AVGO, TCOM
Q4 2024 9$281.8MNVDA, IBN, TCOM, AS, BEKE
Q3 2024 9$234.6MIBN, NVDA, PDD, CCJ, TCOM
Q2 2024 8$295.8MNVDA, PDD, IBN, CCJ, NXE
Q1 2024 6$250.4MNVDA, CCJ, IBN, PDD, NTES