Kontiki Capital Management (HK) Ltd.

Fundamental diversified ★Signal CIK 1713390
Long book
$1.43B
Q1 2026
Positions
7
Top-10 weight
100%
concentration
Last quarter
+0.8%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

Kontiki Capital Management (HK) Ltd. is a diversified fundamental manager, running a $1.43B US long book across 7 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: NU HOLDINGS LTD/CAYMAN ISL-A, COUPANG INC, H WORLD GROUP LTD-ADR, SEA LTD-ADR, HDFC BANK LTD-ADR.

Over the last 9 quarters its long book ran on average 0.8pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+15.2%
Q2 2024
+18.1%
Q3 2024
+1.1%
Q4 2024
+6.6%
Q1 2025
+21.2%
Q2 2025
+8.1%
Q3 2025
-7.8%
Q4 2025
-16.2%
Q1 2026
+0.8%

Sector allocation

Financials
52%
Consumer discretionary
25%
Communications
23%

Long book by quarter

$906.9M
Q1 2024
$1.01B
Q2 2024
$1.26B
Q3 2024
$1.15B
Q4 2024
$1.39B
Q1 2025
$1.75B
Q2 2025
$1.88B
Q3 2025
$1.72B
Q4 2025
$1.43B
Q1 2026

What does Kontiki Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials32.6M$469.1M32.9%-4.5%
CPNG COUPANG INCConsumer discretionary11.9M$223.9M15.7%+67.6%
SIRI SIRIUS XM HOLDINGS INCCommunications5.7M$131.5M9.2%-4.5%
GLIBK LIBERTY CAPITAL CORP-CL CCommunications2.0M$73.0M5.1%+181.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20267$1.43B canonicalSEC ↗
Q4 202513F-HRFeb 11, 20268$1.72B canonicalSEC ↗
Q3 202513F-HRNov 14, 20257$1.88B canonicalSEC ↗
Q2 202513F-HRAug 13, 20256$1.75B canonicalSEC ↗
Q1 202513F-HRMay 12, 20258$1.39B canonicalSEC ↗
Q4 202413F-HRFeb 11, 20259$1.15B canonicalSEC ↗
Q3 202413F-HRNov 12, 20249$1.26B canonicalSEC ↗
Q2 202413F-HRAug 14, 20249$1.01B canonicalSEC ↗
Q1 202413F-HRMay 15, 20248$906.9M canonicalSEC ↗