Oasis Management Co Ltd.

Fundamental diversified ★Signal CIK 1317904
League rank
#59
in Fundamental diversified · #296 overall
Long book
$738.3M
Q1 2026
Positions
98
Top-10 weight
79%
concentration
Last quarter
+25.5%
SPY +14.8%
Turnover
20%
of book per quarter

Strategy in plain words

auto-generated from filings

Oasis Management Co Ltd. is a diversified fundamental manager, running a $738.3M US long book across 98 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: VAIL RESORTS INC, HUT 8 CORP, VNET GROUP INC-ADR, CORE SCIENTIFIC INC, STRATUS PROPERTIES INC.

Over the last 9 quarters its long book ran on average 5.4pp per quarter ahead of the S&P 500, beating the index in 7 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
+11.3%
Q2 2024
+25.2%
Q3 2024
-4.3%
Q4 2024
-1.9%
Q1 2025
+26.3%
Q2 2025
+13.1%
Q3 2025
-5.5%
Q4 2025
-1.3%
Q1 2026
+25.5%

Sector allocation

Services media
50%
Financials
27%
Technology
7%
Real estate
6%
Consumer discretionary
4%
Healthcare
2%
Industrials
2%
Other
2%

Long book by quarter

$290.0M
Q1 2024
$309.3M
Q2 2024
$285.2M
Q3 2024
$303.3M
Q4 2024
$299.7M
Q1 2025
$421.0M
Q2 2025
$465.8M
Q3 2025
$664.5M
Q4 2025
$738.3M
Q1 2026

What does Oasis Management own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MTN VAIL RESORTS INCServices media2.1M$268.0M36.3%+12.8%
HUT HUT 8 CORPFinancials2.5M$117.6M15.9%+8.7%
CORZ CORE SCIENTIFIC INCFinancials2.3M$35.1M4.7%-11.3%
STRS STRATUS PROPERTIES INCReal estate1.1M$34.6M4.7%Held
APLD APPLIED DIGITAL CORPTechnology1.0M$24.5M3.3%+40.9%
RBA RB GLOBAL INCServices media183.2K$17.6M2.4%Held
GCT GIGACLOUD TECHNOLOGY INC - AConsumer discretionary313.0K$14.2M1.9%Held
ACMR ACM RESEARCH INC-CLASS AIndustrials270.1K$10.6M1.4%+15.4%
WEN WENDY'S CO/THEConsumer discretionary1.5M$10.5M1.4%+12601.9%
TBPH THERAVANCE BIOPHARMA INCHealthcare583.5K$9.5M1.3%-19.8%
TDAY USA TODAY CO INCOther1.3M$9.4M1.3%New
AVR ANTERIS TECHNOLOGIES GLOBALHealthcare865.6K$4.8M0.7%+1039.6%
LITE LUMENTUM HOLDINGS INCTechnology6.8K$4.8M0.7%+9.4%
PERF PERFECT CORPTechnology2.2M$3.7M0.5%Held
ORBS EIGHTCO HOLDINGS INCFinancials2.0M$1.9M0.3%New
NVDA NVIDIA CORPTechnology8.0K$1.4M0.2%New
AVGO BROADCOM INCTechnology2.7K$829K0.1%-87.3%
CSCO CISCO SYSTEMS INCTechnology7.5K$582K0.1%Held
AXTI AXT INCTechnology10.0K$570K0.1%Held
MT ARCELORMITTAL-NY REGISTEREDIndustrials10.0K$520K0.1%New
VFC VF CORPOther25.0K$425K0.1%New
NXDR NEXTDOOR HOLDINGS INCTechnology250.0K$350K0.0%Held
OLPX OLAPLEX HOLDINGS INCOther165.3K$335K0.0%-15.9%
TER TERADYNE INCTechnology1.0K$296K0.0%-85.7%
CLS CELESTICA INCTechnology937$264K0.0%-89.5%
MOS MOSAIC CO/THEOther10.0K$255K0.0%New
ABX ABACUS GLOBAL MANAGEMENT INCFinancials23.0K$181K0.0%Held
GRNT GRANITE RIDGE RESOURCES INCEnergy25.0K$147K0.0%Held
ALTI ALTI GLOBAL INCFinancials25.0K$91K0.0%Held
CRON CRONOS GROUP INCMaterials22.8K$57K0.0%-97.5%
MGN MEGAN HOLDINGS LTD-CL AConsumer staples17.4K$3K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026111$1.72B canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026105$1.54B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025111$1.04B canonicalSEC ↗
Q2 202513F-HRAug 14, 202586$873.8M canonicalSEC ↗
Q1 202513F-HRMay 15, 202584$526.9M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202581$473.9M canonicalSEC ↗
Q3 202413F-HRNov 14, 202480$464.6M canonicalSEC ↗
Q2 202413F-HRAug 14, 202466$444.4M canonicalSEC ↗
Q1 202413F-HR/ANEW HOLDINGSJul 8, 20241$8.5M canonicalSEC ↗
Q1 202413F-HRMay 15, 202457$329.5M canonicalSEC ↗