Arkolith/Funds/Headwater Capital Co Ltd

Headwater Capital Co Ltd

CIK 2036346
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Headwater Capital Co Ltd holds a concentrated book of 15 stocks worth $622.0M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Nvidia Corp and trimmed Taiwan Semiconductor-SP ADR. Their largest long position is Taiwan Semiconductor-SP ADR at 18% of the equity book. Cloning the disclosed picks since 2025 would be +74% (+59.1%/yr). That is a simulation of the disclosed long book, not audited returns.

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Use Arkolith to show Headwater Capital Co Ltd's latest
holdings, largest changes, and filing provenance.
Opened
7
new positions
Added to
4
existing
Trimmed
4
reduced
Sold out
9
exited

Growth of $10,000: cloning the disclosed book

If you'd copied them
+73.7%
+59.1%/yr · since May '25
Their reported book
+85.3%
held from quarter-end
S&P 500
+28.5%
same window
$10K$12K$15K$17K$19KMay '25Aug '25Nov '25Feb '26May '26Jul '26
Headwater Capital Co Ltd (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +85.3%, a 11.6-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Headwater Capital Co Ltd's disclosed long 13F book, rebalanced on each filing date (so it reflects the ~45-day reporting lag, no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: concentrated book

Top 5 holdings
69%
Top 10 holdings
91%
Top 20 holdings
100%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Information Technology
77%
Industrials
13%
Financials
6%
Communication Services
2%
Materials
2%
Consumer Discretionary
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Headwater Capital Co Ltd

Manager / fundShared namesTheir $ in those
BlackRock, Inc.23 / 15$882.3B
FMR LLC23 / 15$458.8B
STATE STREET CORP23 / 15$451.2B
JPMORGAN CHASE & CO23 / 15$210.1B
MORGAN STANLEY23 / 15$192.5B
PRICE T ROWE ASSOCIATES INC /MD/23 / 15$162.0B
BANK OF AMERICA CORP /DE/23 / 15$102.5B
GOLDMAN SACHS GROUP INC23 / 15$94.2B

Ranked by how many of Headwater Capital Co Ltd's top 15 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

15 positions
#SecurityValueShares% PortLast moveHistory
1Taiwan Semiconductor MFG
SPONSORED ADS
$113.6M336.0K
18.3%
−7.7%
Reduced · −28K sh
2Meta Platforms Inc
CL A
$108.1M189.0K
17.4%
+419%
Added · +153K sh
3Alphabet Inc
CAP STK CL C
$84.6M295.0K
13.6%
−38%
Reduced · −177K sh
4Alphabet Inc
CAP STK CL A
$66.1M230.0K
10.6%
+130%
Added · +130K sh
5Nvidia Corp
COM
$54.9M315.0K
8.8%
New
New position
6Micron Technology Inc
COM
$36.1M107.0K
5.8%
+37%
Added · +29K sh
7Trip Com Group Ltd
ADS
$32.9M660.0K
5.3%
+103%
Added · +335K sh
8Doordash Inc
CL A
$31.5M210.0K
5.1%
New
New position
9Robinhood Markets Inc
COM CL A
$25.4M367.0K
4.1%
New
New position
10PDD Holdings Inc
SPONSORED ADS
$15.3M150.0K
2.5%
−42%
Reduced · −110K sh
11Lumentum Holdings Inc
COM
$14.1M20.0K
2.3%
−33%
Reduced · −10K sh
12Futu Hldgs Ltd
SPON ADS CL A
$13.7M100.0K
2.2%
New
New position
13Roblox Corp
CL A
$11.3M200.0K
1.8%
New
New position
14On Hldg AG
NAMEN AKT A
$10.2M300.0K
1.6%
New
New position
15Kanzhun Ltd
SPON ADS CL A
$4.0M300.0K
0.6%
New
New position
Showing all 15 positions

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202615$622.0M13F-HR
Q4 2025Dec 31, 2025Feb 19, 202617$480.9M13F-HR/A
Q3 2025Sep 30, 2025Nov 12, 202517$408.8M13F-HR
Q2 2025Jun 30, 2025Aug 12, 202513$288.2M13F-HR
Q1 2025Mar 31, 2025May 22, 202510$222.4M13F-HR/A
Amended / restated
  • Q4 2025 · filed Feb 17, 202613F-HR/A · superseded
  • Q4 2025 · filed Feb 12, 202613F-HR/A · superseded
  • Q4 2025 · filed Feb 10, 202613F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.