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 | META PLATFORMS INC META | $86.5M | 38.87% | 150,000 | +112,000 | +294.74% | 11.86% | 2024-12-31 | $576 | ~$582 | -0.99% | |
| 2 | TAIWAN SEMICONDUCTOR MFG LTD TSM | $36.5M | 16.42% | 220,000 | -30,000 | -12.00% | 26.32% | 2024-12-31 | $166 | ~$197 | -15.95% | |
| 3 | TRIP COM GROUP LTD TCOM | $31.8M | 14.29% | 500,000 | +300,000 | +150.00% | 7.32% | 2024-12-31 | $64 | ~$67 | -5.30% | |
| 4 | PDD HOLDINGS INC PDD | $23.7M | 10.64% | 200,000 | +100,000 | +100.00% | 5.17% | 2024-12-31 | $118 | ~$102 | +15.66% | |
| 5 | NVIDIA CORPORATION NVDA | $10.8M | 4.87% | 100,000 | +100,000 | 2025-03-31 | $108 | ~$108 | +0.00% | |||
| 6 | FUTU HLDGS LTD FUTU | $10.2M | 4.60% | 100,000 | +100,000 | 2025-03-31 | $102 | ~$102 | +0.00% | |||
| 7 | KE HLDGS INC BEKE | $10.0M | 4.52% | 500,000 | -100,000 | -16.67% | 5.89% | 2024-12-31 | $20 | ~$18 | +9.07% | |
| 8 | INTEL CORP INTC | $6.8M | 3.06% | 300,000 | +300,000 | 2025-03-31 | $23 | ~$23 | +0.00% | |||
| 9 | HIMAX TECHNOLOGIES INC HIMX | $3.7M | 1.65% | 500,000 | +500,000 | 2025-03-31 | $7 | ~$7 | +0.00% | |||
| 10 | INVESCO QQQ TR | $2.4M | 1.06% | 1,000 | +1,000 | 2025-03-31 | $2,352 | ~$2,352 | +0.00% | |||
| 11 | ALPHABET INC | $0 | 0 | -120,000 | -100.00% | 12.18% | ||||||
| 12 | AMAZON COM INC | $0 | 0 | -70,000 | -100.00% | 8.19% | ||||||
| 13 | H WORLD GROUP LTD | $0 | 0 | -300,000 | -100.00% | 5.28% | ||||||
| 14 | JD.COM INC | $0 | 0 | -500,000 | -100.00% | 9.24% | ||||||
| 15 | MICROSOFT CORP | $0 | 0 | -38,000 | -100.00% | 8.54% |