We are live on ! Find out more
NMC

Nine Masts Capital Portfolio holdings

AUM $693M
1-Year Est. Return 31.93%
This Fund
S&P 500
This Quarter Est. Return
+13.64%
1 Year Est. Return
+31.93%
3 Year Est. Return
+76.49%
5 Year Est. Return
+38.28%
10 Year Est. Return
+77.77%
AUM
$244M
AUM Growth
-$30.5M
Cap. Flow
-$54.6M
Cap. Flow %
-22.41%
Top 10 Hldgs %
75.74%
Holding
117
New
24
Increased
10
Reduced
16
Closed
41

Top Buys

Rank Stock Value
1
FOX icon
Fox Class B
FOX
+$21.7M
2
CUK
Carnival PLC
CUK
+$18.3M
3
HDB icon
HDFC Bank
HDB
+$14M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$9.49M
5
COOP
Mr. Cooper
COOP
+$8.98M

Top Sells

Rank Stock Value
1
IBIT icon
iShares Bitcoin Trust
IBIT
+$73M
2
TGT icon
Target
TGT
+$27M
3
LBRDK icon
Liberty Broadband Class C
LBRDK
+$9.96M
4
HES
Hess
HES
+$9.7M
5
RYAAY icon
Ryanair
RYAAY
+$6.18M

Sector Composition

Rank Sector Weight
1 Communication Services 40.57%
2 Financials 14.74%
3 Consumer Discretionary 8.38%
4 Materials 6.81%
5 Technology 6.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NOW icon
26
ServiceNow
NOW
$109B
$1.21M 0.5%
6,585
-4,175
-39% -$780K
DVN icon
27
Devon Energy
DVN
$49.8B
$1.05M 0.43%
29,868
– –
TTD icon
28
Trade Desk
TTD
$8.41B
$931K 0.38%
19,000
-1,500
-7% -$95.2K
XOM icon
29
ExxonMobil
XOM
$642B
$895K 0.37%
7,941
+4,500
+131% +$500K
XPEV icon
30
XPeng
XPEV
$12.2B
$739K 0.3%
30,887
-45,363
-59% -$910K
NFLX icon
31
CALL
Netflix
NFLX
$293B
$638K 0.26%
20,000
– –
VALE icon
32
PUT
Vale
VALE
$62.9B
$624K 0.26%
19,700
-300
-2% -$3.06K
VVR icon
33
Invesco Senior Income Trust
VVR
$456M
$607K 0.25%
+175,438
New +$640K
TGT icon
34
CALL
Target
TGT
$63.7B
$556K 0.23%
+25,000
New +$2.46M
SCHW
35
Charles Schwab
SCHW
$181B
$555K 0.23%
5,809
-2,553
-31% -$242K
LYB icon
36
LyondellBasell Industries
LYB
$18.9B
$528K 0.22%
+10,765
New +$607K
WDS icon
37
Woodside Energy
WDS
$41.4B
$523K 0.21%
34,317
– –
XFLT
38
XAI Floating Rate & Alternative Income Trust
XFLT
$279M
$503K 0.21%
+18,964
New +$524K
RELX icon
39
RELX
RELX
$62.3B
$443K 0.18%
+9,284
New +$459K
AAPL icon
40
CALL
Apple
AAPL
$4.95T
$389K 0.16%
16,000
– –
NOW icon
41
PUT
ServiceNow
NOW
$109B
$338K 0.14%
7,500
-10,000
-57% -$1.87M
AXP icon
42
American Express
AXP
$226B
$312K 0.13%
938
-1,346
-59% -$428K
NFE icon
43
PUT
New Fortress Energy
NFE
$96.4M
$301K 0.12%
+1,722,200
New +$4.9M
WF icon
44
Woori Financial
WF
$16.4B
$273K 0.11%
+4,868
New +$265K
AMCR icon
45
Amcor
AMCR
$20.9B
$270K 0.11%
6,600
– –
RBLX icon
46
Roblox
RBLX
$34.7B
$256K 0.11%
+1,851
New +$230K
AMD icon
47
CALL
Advanced Micro Devices
AMD
$807B
$247K 0.1%
15,000
-17,800
-54% -$2.87M
DDOG icon
48
PUT
Datadog
DDOG
$89.7B
$239K 0.1%
20,300
– –
DDOG icon
49
CALL
Datadog
DDOG
$89.7B
$217K 0.09%
10,000
– –
AMD icon
50
PUT
Advanced Micro Devices
AMD
$807B
$179K 0.07%
16,500
-38,200
-70% -$6.16M
1
2
3 4 5

Similar funds

HA
Harbor Advisors West Palm Beach, Florida $692M AUM 33.65% 1-Year Est. Return
CGIC
Continental General Insurance Company Austin, Texas $693M AUM 90.58% 1-Year Est. Return
CL
CIM LLC Albany, New York $692M AUM 22.9% 1-Year Est. Return
CPA
Capital Planning Advisors Roseville, California $692M AUM 21.81% 1-Year Est. Return
IIC
Ironwood Investment Counsel Scottsdale, Arizona $694M AUM 16.84% 1-Year Est. Return
MCM
Manchester Capital Management Manchester, Vermont $694M AUM 22.34% 1-Year Est. Return
SSA
South Street Advisors New York $690M AUM 39.17% 1-Year Est. Return
WC
Wexford Capital West Palm Beach, Florida $690M AUM 57.92% 1-Year Est. Return

Nine Masts Capital's Q3 2025 Portfolio in Review

As of Q3 2025, Nine Masts Capital held 117 positions worth $244M, down 11% from $274M the previous quarter. Its ten largest holdings account for 76% of the portfolio.

Nine Masts Capital withdrew a net $54.6M in Q3 2025, closing 41 positions and reducing 16 holdings. Its most notable exit was iShares Bitcoin Trust, an estimated $73M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 41% of assets, up from 21% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Nine Masts Capital opened a new position in Carnival PLC worth $17.6M.

  • Nine Masts Capital's largest Q3 2025 buy was Carnival PLC: 665,643 shares worth $17.6M.
  • Nine Masts Capital added most to Fox Class B in Q3 2025, an estimated $21.7M increase.
  • Nine Masts Capital's biggest Q3 2025 reduction was Ryanair, cutting an estimated $6.18M.
  • Nine Masts Capital fully exited iShares Bitcoin Trust in Q3 2025, selling an estimated $73M.
  • Nine Masts Capital's ten largest holdings make up 76% of its $244M portfolio in Q3 2025.
  • Nine Masts Capital opened 24 new positions and closed 41 in Q3 2025.
  • Nine Masts Capital's portfolio value fell 11% quarter-over-quarter to $244M.

Based on Nine Masts Capital's 13F filing for Q3 2025, filed 13 Nov 2025.