Oxbow Capital Management (HK) Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Oxbow Capital Management (HK) Ltd reported 6 stock positions worth $371.0 million. Its top holding was Sandisk (SNDK) at 29.8% of the portfolio, followed by Coherent (COHR, 26.0%) and Seagate Technology (STX, 20.1%). Compared with Q4 2025, it opened 2 new positions, sold out of 4, added to 2 and reduced 2. The biggest buy was Coherent (COHR, shares +575%) and the biggest sale an exit from Broadcom (AVGO).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001713269
- Portfolio Value
- $371.0M (Q1 2026)
- SEC Filing
- 0001713269-26-000003 ↗ filed May 15, 2026
Holdings Value
Holdings 6 stocks · $371.0M
| SNDK Sandisk Corp. | 29.79% | 173,969 | $110.5M | Reduce -41.0% |
| COHR Coherent Corp. | 26.01% | 405,000 | $96.5M | Add +575.0% |
| STX Seagate Technology Holdings | 20.09% | 190,213 | $74.5M | Reduce -39.5% |
| AA Alcoa Corp. | 12.25% | 685,000 | $45.4M | Add +8.7% |
| ACMR Acm Research Inc. Class A | 6.33% | 596,689 | $23.5M | New |
| HBM Hudbay Minerals Inc. | 5.54% | 983,023 | $20.5M | New |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
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 |