Oxbow Capital Management (hk) Ltd 13F annual report

Oxbow Capital Management (hk) Ltd is an investment fund managing more than $296 billion ran by Vishal Tourani. There are currently 8 companies in Tourani’s portfolio. The largest investments include NVIDIA Corp and PDD Inc, together worth $150 billion.

$296 billion Assets Under Management (AUM)

As of 7th August 2024, Oxbow Capital Management (hk) Ltd’s top holding is 810,000 shares of NVIDIA Corp currently worth over $100 billion and making up 33.8% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Oxbow Capital Management (hk) Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 377,372 shares of PDD Inc worth $50.2 billion, whose value grew 9.1% in the past six months. The third-largest holding is Icici Bank Limited worth $49.6 billion and the next is Cameco worth $43.2 billion, with 878,376 shares owned.

Currently, Oxbow Capital Management (hk) Ltd's portfolio is worth at least $296 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.

Careers at Oxbow Capital Management (hk) Ltd

The Oxbow Capital Management (hk) Ltd office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Vishal Tourani serves as the Chief Operating Officer at Oxbow Capital Management (hk) Ltd.

Recent trades

In the most recent 13F filing, Oxbow Capital Management (hk) Ltd revealed that it had opened a new position in Makemytrip Limited Mauritius and bought 213,688 shares worth $18 billion.

The investment fund also strengthened its position in NVIDIA Corp by buying 710,000 additional shares. This makes their stake in NVIDIA Corp total 810,000 shares worth $100 billion. NVIDIA Corp dropped 73.5% in the past year.

On the other hand, there are companies that Oxbow Capital Management (hk) Ltd is getting rid of from its portfolio. Oxbow Capital Management (hk) Ltd closed its position in NetEase Inc on 14th August 2024. It sold the previously owned 245,000 shares for $25.4 billion. Vishal Tourani also disclosed a decreased stake in Cameco by 0.1%. This leaves the value of the investment at $43.2 billion and 878,376 shares.

One of the smaller hedge funds

The two most similar investment funds to Oxbow Capital Management (hk) Ltd are Engle Capital Management, L.P. and Prosperity Consulting. They manage $296 billion and $296 billion respectively.

Vishal Tourani investment strategy

Oxbow Capital Management (hk) Ltd’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Technology — making up 33.8% of the total portfolio value. The fund focuses on investments in the United States as 25.0% 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 38% 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 $95.1 billion.

The complete list of Oxbow Capital Management (hk) Ltd trades based on 13F SEC filings

These positions were updated on August 14th 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
NVIDIA Corp	710.00% 810,000	$100,067,400,000	33.83%
PDD Holdings Inc	46.84% 377,372	$50,171,607,000	16.96%
Icici Bank Limited	8.25% 1,721,118	$49,585,410,000	16.76%
Cameco Corp.	11.72% 878,376	$43,216,099,000	14.61%
NetEase Inc	Closed 245,000	$25,350,150,000
NexGen Energy Ltd	3.44% 2,627,193	$18,337,807,000	6.20%
Makemytrip Limited Mauritius	Opened 213,688	$17,971,161,000	6.08%
KE Holdings Inc.	Opened 667,895	$9,450,714,000	3.20%
Bloom Energy Corp	Opened 569,846	$6,974,915,000	2.36%
No transactions found
Showing first 500 out of 9 holdings