Fund detail
Headwater Capital (Paul Wu)
china, value, concentrated, active, paul-wu
Quarters
6
2025-03-31
$222.4M
Positions
10
Price is the latest implied close from the selected quarter's 13F (value ÷ shares). Est. Cost is a running average that assumes each quarter's trades cleared near the midpoint of consecutive 13F closes (or yfinance VWAP when available). Most accurate for slow accumulators, least accurate for activists who build positions in a few days.
| # | Issuer | Value ↑ | Weight | Shares | Share Δ | Share Δ % | Prev Weight | First Held | Price | Est. Cost | Unrealized % | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ALPHABET INC | $0 | 0 | -120,000 | -100.00% | 12.18% | ||||||
| 2 | AMAZON COM INC | $0 | 0 | -70,000 | -100.00% | 8.19% | ||||||
| 3 | H WORLD GROUP LTD | $0 | 0 | -300,000 | -100.00% | 5.28% | ||||||
| 4 | JD.COM INC | $0 | 0 | -500,000 | -100.00% | 9.24% | ||||||
| 5 | MICROSOFT CORP | $0 | 0 | -38,000 | -100.00% | 8.54% | ||||||
| 6 | INVESCO QQQ TR | $2.4M | 1.06% | 1,000 | +1,000 | 2025-03-31 | $2,352 | ~$2,352 | +0.00% | |||
| 7 | HIMAX TECHNOLOGIES INC HIMX | $3.7M | 1.65% | 500,000 | +500,000 | 2025-03-31 | $7 | ~$7 | +0.00% | |||
| 8 | INTEL CORP INTC | $6.8M | 3.06% | 300,000 | +300,000 | 2025-03-31 | $23 | ~$23 | +0.00% | |||
| 9 | KE HLDGS INC BEKE | $10.0M | 4.52% | 500,000 | -100,000 | -16.67% | 5.89% | 2024-12-31 | $20 | ~$18 | +9.07% | |
| 10 | FUTU HLDGS LTD FUTU | $10.2M | 4.60% | 100,000 | +100,000 | 2025-03-31 | $102 | ~$102 | +0.00% | |||
| 11 | NVIDIA CORPORATION NVDA | $10.8M | 4.87% | 100,000 | +100,000 | 2025-03-31 | $108 | ~$108 | +0.00% | |||
| 12 | PDD HOLDINGS INC PDD | $23.7M | 10.64% | 200,000 | +100,000 | +100.00% | 5.17% | 2024-12-31 | $118 | ~$102 | +15.66% | |
| 13 | TRIP COM GROUP LTD TCOM | $31.8M | 14.29% | 500,000 | +300,000 | +150.00% | 7.32% | 2024-12-31 | $64 | ~$67 | -5.30% | |
| 14 | TAIWAN SEMICONDUCTOR MFG LTD TSM | $36.5M | 16.42% | 220,000 | -30,000 | -12.00% | 26.32% | 2024-12-31 | $166 | ~$197 | -15.95% | |
| 15 | META PLATFORMS INC META | $86.5M | 38.87% | 150,000 | +112,000 | +294.74% | 11.86% | 2024-12-31 | $576 | ~$582 | -0.99% |