Fund detail
Headwater Capital (Paul Wu)
china, value, concentrated, active, paul-wu
Quarters
6
2026-03-31
$622.0M
Positions
15
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 | KANZHUN LTD BZ | $4.0M | 0.65% | 300,000 | +300,000 | 2026-03-31 | $13 | ~$16 | -18.83% | |||
| 2 | ON HLDG AG | $10.2M | 1.64% | 300,000 | +300,000 | 2026-03-31 | $34 | ~$34 | +0.00% | |||
| 3 | ROBLOX CORP RBLX | $11.3M | 1.82% | 200,000 | +200,000 | 2026-03-31 | $57 | ~$68 | -17.24% | |||
| 4 | FUTU HLDGS LTD FUTU | $13.7M | 2.20% | 100,000 | +100,000 | 2025-03-31 | $137 | ~$102 | +33.62% | |||
| 5 | ROBINHOOD MARKETS INC HOOD | $25.4M | 4.09% | 367,000 | +367,000 | 2026-03-31 | $69 | ~$85 | -18.79% | |||
| 6 | DOORDASH INC DASH | $31.5M | 5.07% | 210,000 | +210,000 | 2026-03-31 | $150 | ~$182 | -17.57% | |||
| 7 | NVIDIA CORP NVDA | $54.9M | 8.83% | 315,000 | +315,000 | 2025-03-31 | $174 | ~$160 | +9.28% |