Stocks/Funds/CIK 1713269

Oxbow Capital Management (HK) Ltd

concentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1713269
Assets
$371M
+16.5% YoY
Holdings
6
Lifetime alpha vs market
+29.56% annual
Average hold time
0.7 yr
median 0.8 yr

Quarterly history

Cum return +329% vs S&P +52% · α +277% lifetimeAUM $371M · peak $571MFlow $-132M (-37%)2021-122022-092023-062024-032024-122025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+6.99%
adds when stocks drop
when a holding falls −10%+
Middle response
-15.10%
baseline attrition
Rally response
-6.08%
trims into rallies
when a holding rises +10%+

Top positions · 6

Ticker$ value% portYoYHold time
SNDKSandisk Corporation$111M29.8%+1234.5%0.8 yr
COHRCoherent, Inc.$96M26.0%+266.8%1.0 yr
STXSeagate Technology Holdi$75M20.1%+366.3%0.8 yr
AAAlcoa Corporation$45M12.2%+119.9%1.0 yr
ACMRACM Research, Inc.$23M6.3%+68.6%0.3 yr
HBMHudbay Minerals Inc.$21M5.5%+175.7%0.3 yr

Portfolio composition (YoY)

Industry mix
Hardware, Equipment & Parts55.8%$207M
Computer Hardware20.1%$75M
Aluminum12.2%$45M
Semiconductors6.3%-5.6pp$23M
Copper5.5%$21M
Country
US74.4%+46.5pp
SG20.1%+8.2pp
CA5.5%
Top 5: 94.5% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 4

COHR Coherent, Inc.+$82M
ACMR ACM Research, Inc.new+$23M
HBM Hudbay Minerals Inc.new+$21M
AA Alcoa Corporation+$4M

Top sells this quarter · 6

AVGO Broadcom Inc.exit$77M
SNDK Sandisk Corporation$70M
STX Seagate Technology Holdings pl$49M
CRDO Credo Technology Group Holdingexit$36M
WWW Wolverine World Wide, Inc.exit$13M
VNET VNET Group, Inc.exit$4M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$371M6+138.31%+17.59%+120.72%-0.13B
2025-12-31$360M8+60.41%+17.72%+42.69%-0.27B
2025-09-30$571M11+52.91%+17.52%+35.39%+0.06B
2025-06-30$395M11+19.60%+14.94%+4.66%+0.01B
2025-03-31$318M10+9.11%+8.30%+0.81%+0.05B
2024-12-31$282M9+40.67%+24.89%+15.78%+0.04B
2024-09-30$235M9+49.30%+36.04%+13.27%-0.07B
2024-06-30$296M8+57.14%+24.49%+32.65%+0.02B
2024-03-31$250M6+46.85%+29.62%+17.23%+0.10B
2023-12-31$124M3+34.26%+26.18%+8.08%-0.03B
2023-09-30$141M3+46.94%+21.57%+25.37%+0.01B
2023-06-30$125M4+29.71%+19.42%+10.29%-0.15B
2023-03-31$268M10+12.31%-7.82%+20.13%-0.06B
2022-12-31$298M7+21.36%+7.56%+13.80%+0.03B
2022-09-30$222M7-5.21%-4.93%-0.28%+0.01B
2022-06-30$229M9-11.88%-16.11%+4.24%-0.04B