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Livermore
Livermore
ZHEN

Oasis Management Co Ltd.

SEC CIK
0001317904
Latest filing
Aug 13, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
105
+27 vs. Q2 2025
Portfolio value
$578.6M
+$157.5M (+37.4%) vs. Q2 2025
Filed
Nov 14, 2025
SEC
Holdings of Oasis Management Co Ltd. in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MTNVail Resorts IncCOM1,017,734$152.2M26.3%+76,797+8.2%AddedHistory
Alibaba Group Hldg Ltd01609WBG6NOTE 0.500% 6/0–$119.4M20.6%–New–
VNETVNET Group, Inc.SPONSORED ADS A3,449,188$35.6M6.2%−39,001−1.1%ReducedHistory
STRSStratus Properties IncCOM NEW1,134,878$24.0M4.2%−1,998−0.2%ReducedHistory
APLDApplied Digital Corp.COM NEW1,032,817$23.7M4.1%00.0%UnchangedHistory
RBARB Global Inc.COM183,244$19.9M3.4%00.0%UnchangedHistory
RLXRLX Technology Inc.SPONSORED ADS6,346,816$16.7M2.9%+309,785+5.1%AddedHistory
TBPHTheravance Biopharma, Inc.COM1,118,935$16.3M2.8%00.0%UnchangedHistory
SQNSSequans CommunicationsSPONSORED ADS1,411,315$13.4M2.3%00.0%UnchangedConverted for a 1-for-10 splitHistory
HUTHut 8 Corp.COM302,730$10.5M1.8%−5,085−1.7%ReducedHistory
ATHMAutohome Inc.SP ADS RP CL A367,978$10.5M1.8%00.0%UnchangedHistory
ACMRACM Research, Inc.Stock233,988$9.16M1.6%−142,773−37.9%ReducedHistory
GCTGigaCloud Technology IncStock312,995$8.89M1.5%00.0%UnchangedHistory
EDUNew Oriental Education & Technology Group Inc.SPON ADR155,424$8.25M1.4%+5,000+3.3%AddedHistory
TALTAL Education GroupSPONSORED ADS686,805$7.69M1.3%00.0%UnchangedHistory
QFINQfin Holdings, Inc.AMERICAN DEP260,897$7.51M1.3%+11,717+4.7%AddedHistory
HTHTH World Group LtdSPONSORED ADS184,879$7.23M1.2%−25,000−11.9%ReducedHistory
SESea LtdSPONSORD ADS37,000$6.61M1.1%00.0%UnchangedHistory
BZKanzhun LtdSPONSORED ADS272,442$6.36M1.1%+29,500+12.1%AddedHistory
BEKEKE Holdings Inc.SPONSORED ADS333,026$6.33M1.1%+103,026+44.8%AddedHistory
IQiQIYI, Inc.SPONSORED ADS2,334,402$5.98M1.0%+200,300+9.4%AddedHistory
LXLexinFintech Holdings Ltd.ADR1,111,500$5.92M1.0%+1,111,500NewHistory
JDJD.com, Inc.SPON ADS CL A165,160$5.78M1.0%00.0%UnchangedHistory
FUTUFutu Holdings LtdSPON ADS CL A30,000$5.22M0.9%00.0%UnchangedHistory
FWRDForward Air CorpCOM173,432$4.45M0.8%+173,432NewHistory
PERFPerfect Corp.CL A ORD SHS2,200,623$4.14M0.7%+124,371+6.0%AddedHistory
Beyond Meat, Inc.08862EAB5NOTE 3/1–$3.95M0.7%–––
AMATApplied Materials IncStock13,450$2.75M0.5%+13,450NewHistory
GHGGreenTree Hospitality Group Ltd.SPONSORED ADS1,099,362$2.42M0.4%00.0%UnchangedHistory
Zeekr Intelligent Technology98923K103SPON ADS75,000$2.29M0.4%00.0%Unchanged–
iShares Semiconductor ETF464287523ETF5,500$1.49M0.3%−2,000−26.7%Reduced–
LITELumentum Holdings Inc.COM7,600$1.24M0.2%+7,600NewHistory
ZHZhihu Inc.SPONSORED ADS225,000$1.14M0.2%+225,000NewHistory
TERTeradyne, IncStock8,100$1.11M0.2%+8,100NewHistory
NIO Inc.62914VAJ5NOTE 3.875%10/1–$1.07M0.2%–––
DQDaqo New Energy Corp.SPNSRD ADS NEW37,800$1.06M0.2%+37,800NewHistory
HPPHudson Pacific Properties, Inc.COM380,002$1.05M0.2%+380,002NewHistory
CSCOCisco Systems, Inc.Stock15,000$1.03M0.2%+15,000NewHistory
BABAAlibaba Group Holding LtdADR5,500$983.0K0.2%+5,500NewHistory
NVDANVIDIA CorpStock5,100$951.6K0.2%−8,545−62.6%ReducedHistory
CAFMorgan Stanley China A Share Fund, Inc.COM56,666$943.5K0.2%−10,000−15.0%ReducedHistory
AFRIWForafric Global PLC*W EXP 06/09/202100,000$869.0K0.2%+100,000NewHistory
HEREHere Group LtdADS93,753$845.7K0.1%+23,753+33.9%AddedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR3,000$837.9K0.1%00.0%UnchangedHistory
CRDOCredo Technology Group Holding LtdStock4,800$698.9K0.1%+4,800NewHistory
Bigbear AI Hldgs Inc08975B117*W EXP 99/99/999100,000$652.0K0.1%00.0%Unchanged–
CMPSCOMPASS Pathways plcSPONSORED ADS107,911$618.3K0.1%00.0%UnchangedHistory
LESLLeslie's, Inc.COM107,470$591.1K0.1%00.0%UnchangedConverted for a 1-for-20 splitHistory
APIAgora, Inc.ADS153,885$587.8K0.1%00.0%UnchangedHistory
ALABAstera Labs, Inc.Stock3,000$587.4K0.1%−8,700−74.4%ReducedHistory
RIOTRiot Platforms, Inc.COM30,100$572.8K0.1%+30,100NewHistory
HTTHigh Templar Tech LtdSPON ADS127,875$546.0K0.1%00.0%UnchangedHistory
NXDRNextdoor Holdings, Inc.COM CL A250,000$522.5K0.1%00.0%UnchangedHistory
AISPWAirship AI Holdings, Inc.*W EXP 12/21/202100,000$517.0K0.1%00.0%UnchangedHistory
AVRAnteris Technologies Global Corp.COM112,207$504.9K0.1%00.0%UnchangedHistory
YSGYatsen Holding LtdSPONSORED ADS55,000$498.3K0.1%00.0%UnchangedHistory
TUYATuya Inc.SPONSERED ADS196,841$486.2K0.1%00.0%UnchangedHistory
REREATRenew Inc.SPONSORED ADS100,000$460.0K0.1%+100,000NewHistory
NKENIKE, Inc.Stock5,118$356.9K0.1%+5,118NewHistory
VIOTViomi Technology Co., LtdSPONSORED ADS100,000$334.0K0.1%+100,000NewHistory
WRDWeRide Inc.ADR30,576$302.7K0.1%00.0%UnchangedHistory
ZEPPZepp Health CorpSPONSORED ADR6,025$275.8K<0.1%+6,025NewHistory
OLPXOlaplex Holdings, Inc.COM196,569$257.5K<0.1%00.0%UnchangedHistory
DECKDeckers Outdoor CorpCOM2,400$243.3K<0.1%00.0%UnchangedHistory
TMC the metals Co Inc.87261Y114*W EXP 09/09/20237,700$240.1K<0.1%00.0%Unchanged–
ARBEWArbe Robotics Ltd.*W EXP 10/07/202100,000$165.0K<0.1%00.0%UnchangedHistory
UXINUxin LtdSPONSORED ADS47,629$164.8K<0.1%+47,629NewHistory
ZKHZKH Group LtdSPONSORED ADS50,000$142.5K<0.1%00.0%UnchangedHistory
GRNTGranite Ridge Resources, Inc.COM25,000$135.3K<0.1%00.0%UnchangedHistory
ABXAbacus Global Management, Inc.CL A23,000$131.8K<0.1%+23,000NewHistory
DFNSWT3 Defense Inc.*W EXP 12/04/20217,500$122.5K<0.1%00.0%UnchangedHistory
ALTIAlTi Global, Inc.CL A25,000$89.0K<0.1%00.0%UnchangedHistory
ILLRWTriller Group Inc.*W EXP 03/15/20250,000$41.5K<0.1%00.0%UnchangedHistory
PDYNWPalladyne AI Corp.*W EXP 09/24/202100,000––00.0%UnchangedHistory
RMCOWRoyalty Management Holding Corp*W EXP 05/28/202100,000––00.0%UnchangedHistory
STLNWStarling Oncology, Inc.EQUITY WRT100,000––+100,000NewHistory
Nexters IncG6529J118*W EXP 08/26/20210,000––00.0%Unchanged–
VLNWFValens Semiconductor Ltd.*W EXP 12/12/20250,000––00.0%UnchangedHistory
DAVEWDave Inc.EQUITY WRT6,368––00.0%UnchangedHistory
Sky Harbour Group Corporatio83085C115*W EXP 10/21/20229,439––−34,920−54.3%Reduced–
ANGHWAnghami Inc*W EXP 02/03/202100,000––+100,000NewHistory
PRENWPrenetics Global Ltd*W EXP 05/18/20233,333––+33,333NewHistory
GGROWGogoro Inc.*W EXP 04/04/202100,000––00.0%UnchangedHistory
PGYWWPagaya Technologies Ltd.*W EXP 09/01/2028,333––+8,333NewHistory
ECXWWECARX Holdings Inc.*W EXP 12/20/202100,000––+100,000NewHistory
LANWFLanvin Group Holdings Ltd*W EXP 99/99/999581,304––+581,304NewHistory
PERFFPerfect Corp.*W EXP 99/99/99950,000––+50,000NewHistory
AENTWAlliance Entertainment Holding CorpCOM100,000––+100,000NewHistory
CXAIWCXApp Inc.*W EXP 03/14/202100,000––00.0%UnchangedHistory
NIOBWNiocorp Developments Ltd*W EXP 03/17/202100,000––00.0%UnchangedHistory
BAERWBridger Aerospace Group Holdings, Inc.*W EXP 01/24/202100,000––+100,000NewHistory
MLECWMoolec Science SA*W EXP 12/30/202100,000––+100,000NewHistory
SPWRWSunPower Inc.Warrant18,033––00.0%UnchangedHistory
SDAWWSunCar Technology Group Inc.*W EXP 05/17/20266,890––+66,890NewHistory
COCHWEnvoy Medical, Inc.Equity WRT100,000––+100,000NewHistory
MDAIWSpectral AI, Inc.*W EXP 09/11/202100,000––+100,000NewHistory
CCGWWCheche Group Inc.*W EXP 10/01/203100,000––00.0%UnchangedHistory
Carbon Revolution LtdG1893D110*W EXP 99/99/99910,000––+10,000New–
BNAIWBrand Engagement Network Inc.*W EXP 03/14/202100,000––00.0%UnchangedHistory
COOTWAustralian Oilseeds Holdings Ltd*W EXP 11/16/202100,000––+100,000NewHistory

Options (6)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Oasis Management Co Ltd. in Q3 2025
SecurityClassPutsCalls
iShares Tr464287955PUT$195.2M–
Vail Resorts Inc91879Q909CALL–$103.5M
Invesco QQQ Tr46090E953PUT$78.0M–
Ionq Inc46222L958PUT$43.0M–
iShares Inc464286952PUT$13.8M–
Hut 8 Corp44812J904COM–$13.7M

Sold out since Q2 2025 (12)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of Oasis Management Co Ltd. sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
Advisorshares Tr00768Y453PURE US CANN ETF4,087,116$9.85M2.3%–
KTKT CorpSPONSORED ADR400,000$8.31M2.0%History
SYSo-Young International Inc.SPONSORED ADS2,505,807$7.77M1.8%History
CLSCelestica IncStock24,450$3.82M0.9%History
NIO Inc.62914VAK2NOTE 4.625%10/1–$2.56M0.6%–
VRTVertiv Holdings CoCOM CL A9,000$1.16M0.3%History
GRABGrab Holdings LtdCLASS A ORD106,872$537.6K0.1%History
MESOMesoblast LtdADR29,524$321.5K0.1%History
BQBoqii Holding LtdSPONSORED ADS20,000$42.1K<0.1%History
NOTEFiscalNote Holdings, Inc.COMMON STOCK18,084$9.70K<0.1%History
Crown LNG Hldgs LtdG268AP117*W EXP 07/09/202100,000$7.00K<0.1%–
Abacus Life Inc00258Y112EQUITY WRT100,000–––