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Portfolio (Quarterly) Guide ↗

Headwater Capital Co Ltd

· CIK 0002036346
13F Portfolio $481M AUM 17 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 4 New 5 Added 8 Reduced 4 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GOOG ALPHABET INC Communication Services 472,000.0 $148.1M 30.80% +139K +41.7% $313.80 +20.9%
2 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 364,000.0 $110.6M 23.00% +52K +16.7% $303.89 +33.1%
3 PDD PDD HOLDINGS INC Consumer Cyclical 260,000.0 $29.5M 6.13% +110K +73.3% $113.39 -16.6%
4 AMZN AMAZON COM INC Consumer Cyclical 104,000.0 $24.0M 4.99% +4K +4.0% $230.82 +15.4%
5 ATAT ATOUR LIFESTYLE HLDGS LTD Consumer Cyclical 200,000.0 $7.9M 1.64% +20K +11.1% $39.40 -14.1%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Communication Services 43.3%
Technology 34.6%
Consumer Cyclical 22.1%