Nine Masts Capital Ltd is an investment fund managing more than $142 billion ran by Irene Backenhorn. There are currently 56 companies in Mrs. Backenhorn’s portfolio. The largest investments include Alphabet Inc and HDFC Bank, together worth $33.6 billion.
As of 1st May 2024, Nine Masts Capital Ltd’s top holding is 147,101 shares of Alphabet Inc currently worth over $22.2 billion and making up 15.6% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Nine Masts Capital Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 216,325 shares of HDFC Bank worth $11.4 billion, whose value grew 0.3% in the past six months.
The third-largest holding is Ishares Tr worth $16.2 billion and the next is Bausch Health Cos Inc worth $9.28 billion, with 874,500 shares owned.
Currently, Nine Masts Capital Ltd's portfolio is worth at least $142 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Nine Masts Capital Ltd office and employees reside in Central, Hong Kong. According to the last 13-F report filed with the SEC, Irene Backenhorn serves as the Chief Compliance Officer at Nine Masts Capital Ltd.
In the most recent 13F filing, Nine Masts Capital Ltd revealed that it had opened a new position in
Ishares Tr and bought 290,434 shares worth $16.2 billion.
The investment fund also strengthened its position in Alphabet Inc by buying
99,185 additional shares.
This makes their stake in Alphabet Inc total 147,101 shares worth $22.2 billion.
Alphabet Inc soared 58.9% in the past year.
On the other hand, there are companies that Nine Masts Capital Ltd is getting rid of from its portfolio.
Nine Masts Capital Ltd closed its position in Black Spade Acquisition Co on 8th May 2024.
It sold the previously owned 482,662 shares for $4.99 billion.
Irene Backenhorn also disclosed a decreased stake in Fox by approximately 0.1%.
This leaves the value of the investment at $4.1 billion and 143,332 shares.
The two most similar investment funds to Nine Masts Capital Ltd are Lodestone Wealth Management and Elmwood Wealth Management. They manage $142 billion and $143 billion respectively.
Nine Masts Capital Ltd’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 24.9% of
the total portfolio value.
The fund focuses on investments in the United States as
17.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
18% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $105 billion.
These positions were updated on May 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Alphabet Inc |
207.00%
147,101
|
$22,201,954,000 | 15.58% |
| HDFC Bank Ltd. |
25.92%
216,325
|
$11,369,227,000 | 7.98% |
| Ishares Tr |
Opened
290,434
|
$16,150,360,000 | 11.34% |
| Bausch Health Cos Inc |
Opened
874,500
|
$9,278,445,000 | 6.51% |
| Tyler Technologies, Inc. |
Opened
20,500
|
$8,712,705,000 | 6.12% |
| Black Spade Acquisition Co |
Closed
482,662
|
$4,990,725,000 | |
| Nuveen Amt Free Mun Cr Inc F |
Opened
409,624
|
$4,976,932,000 | 3.49% |
| Nuveen Quality Muncp Income |
Opened
400,360
|
$4,588,126,000 | 3.22% |
| Israel Acquisitions Corp |
Opened
400,000
|
$4,360,000,000 | 3.06% |
| Block Inc |
Opened
50,915
|
$4,306,391,000 | 3.02% |
| Fox Corporation |
0.02%
143,332
|
$4,102,162,000 | 2.88% |
| Nuveen Amt Free Qlty Mun Inc |
Opened
351,655
|
$3,892,821,000 | 2.73% |
| Xpeng Inc. |
2,408.01%
460,671
|
$3,778,983,000 | 2.65% |
| Nuveen Municipal Credit Inc |
Opened
289,861
|
$3,547,899,000 | 2.49% |
| Clean Earth Acquisitions Cor |
Closed
291,995
|
$3,060,108,000 | |
| Zto Express Cayman Inc |
Opened
117,322
|
$2,545,460,000 | 1.79% |
| Nuveen Mun Cr Opportunities |
Opened
238,745
|
$2,523,535,000 | 1.77% |
| Bhp Group Ltd |
314.24%
42,041
|
$2,426,202,000 | 1.70% |
| Blackrock Tax Municpal Bd Tr |
Opened
144,010
|
$2,353,123,000 | 1.65% |
| Nuveen Mun High Income Oppor |
Opened
201,897
|
$2,132,032,000 | 1.50% |
| Nuveen Ca Qualty Mun Income |
Opened
178,646
|
$1,968,679,000 | 1.38% |
| Pimco Mun Income Fd Ii |
Opened
229,450
|
$1,950,325,000 | 1.37% |
| Blackrock Munihldngs Cali Ql |
Opened
136,127
|
$1,498,758,000 | 1.05% |
| Blackrock Muni Income Tr Ii |
Opened
132,235
|
$1,436,072,000 | 1.01% |
| Blackrock Mun Income Tr |
Opened
124,854
|
$1,289,742,000 | 0.91% |
| Western Asset Managed Muns F |
Opened
116,982
|
$1,222,462,000 | 0.86% |
| Trip.com Group Ltd |
Opened
27,450
|
$1,210,772,000 | 0.85% |
| Blackrock Mun Target Term Tr |
Opened
54,742
|
$1,152,867,000 | 0.81% |
| Invesco Mun Opportunity Tr |
Opened
116,303
|
$1,131,628,000 | 0.79% |
| New Oriental Ed Technology |
Opened
12,375
|
$1,077,606,000 | 0.76% |
| Baidu Inc |
Closed
7,700
|
$1,044,028,000 | |
| NetEase Inc |
Closed
10,600
|
$1,032,200,000 | |
| Blackrock Municipal Income |
Opened
85,393
|
$1,029,840,000 | 0.72% |
| Grindr Inc |
Opened
100,000
|
$1,013,000,000 | 0.71% |
| Nuveen California Amt Qlt Mu |
Opened
78,893
|
$958,550,000 | 0.67% |
| Invesco Tr Invt Grade Muns |
Opened
95,289
|
$939,550,000 | 0.66% |
| Invesco Calif Value Mun Inco |
Opened
93,857
|
$934,816,000 | 0.66% |
| Invesco Value Mun Income Tr |
Opened
73,630
|
$883,560,000 | 0.62% |
| Blackrock Munihldgs Nj Qlty |
Opened
69,579
|
$809,204,000 | 0.57% |
| Li Auto Inc. |
Opened
25,666
|
$795,606,000 | 0.56% |
| Woodside Energy Group Ltd |
176.30%
34,317
|
$682,219,000 | 0.48% |
| Putnam Mun Opportunities Tr |
Opened
65,146
|
$661,883,000 | 0.46% |
| Yum China Holdings Inc |
124.76%
16,650
|
$655,686,000 | 0.46% |
| Bny Mellon Strategic Muns In |
Opened
101,459
|
$618,900,000 | 0.43% |
| Blackrock Muniholdings Fd In |
Opened
47,342
|
$571,891,000 | 0.40% |
| DraftKings Inc. |
Opened
12,500
|
$567,625,000 | 0.40% |
| MP Materials Corp. |
Opened
33,900
|
$484,770,000 | 0.34% |
| Macys Inc |
Opened
20,400
|
$407,796,000 | 0.29% |
| Paramount Global |
Opened
34,400
|
$404,888,000 | 0.28% |
| Netflix Inc. |
Opened
638
|
$387,477,000 | 0.27% |
| BeiGene Ltd |
Opened
2,051
|
$323,995,000 | 0.23% |
| Alliancebernstein Natl Mun I |
Opened
27,422
|
$301,368,000 | 0.21% |
| Bilibili Inc |
Opened
25,000
|
$280,000,000 | 0.20% |
| Invesco Quality Mun Income T |
Opened
28,511
|
$275,986,000 | 0.19% |
| Invesco Municipal Trust |
Opened
26,002
|
$252,219,000 | 0.18% |
| Blackrock Invt Quality Mun T |
Opened
19,872
|
$246,612,000 | 0.17% |
| Zai Lab Ltd |
Opened
14,000
|
$230,763,000 | 0.16% |
| R1 RCM Inc. |
Opened
15,300
|
$197,064,000 | 0.14% |
| Blackrock Munivest Fd Inc |
Opened
27,113
|
$191,418,000 | 0.13% |
| Neuberger Berman Mun Fd Inc |
Opened
16,950
|
$177,467,000 | 0.12% |
| Wipro Ltd. |
Closed
12,763
|
$60,939,000 | |
| No transactions found | |||
| Showing first 500 out of 61 holdings | |||