Athos Capital Ltd

Q4 2025 13F-HR Holdings

Location
Hong Kong, K3
Holdings as of
12/31/2025
Date filed
2/12/2026
Form type
13F-HR
Num holdings
37
Total value ($000)
$260,894
Net value change ($000)
+101,273 (63.4%)
New positions
9
Sold out positions
6
Turnover %
46.7%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
MOMO 47,359 NEW
KVUE 19,071 47.0%
RNAM 13,313 NEW
HOLX 12,663 NEW
CDTX 8,836 NEW
FOLD 8,544 NEW
JANUS HENDERSON GROUP PLC 4,043 NEW
CFLT 3,447 NEW
RNW 2,865 NEW
BL 1,106 NEW
Top Reduces (Value $000, Stocks/ETFs)
BEKE -9,405 -19.8%
Merus N.V. -7,532 -100.0%
KEL -3,015 -100.0%
LBRDA -2,799 -26.0%
PINNACLE FINANCIAL PARTNERS INC -2,117 -100.0%
CHA -1,196 -41.5%
IPG -749 -100.0%
NSC -407 -6.8%
SOHU -138 -100.0%
ETHM -77 -5.4%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 12,060 (4.6% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type