Kontiki Capital Management (HK) Ltd. — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Kontiki Capital Management (HK) Ltd. increased allocation to 3 existing positions, trimmed 4 positions, and exited 1 position entirely. The fund's 13F equity book declined from $1.72B to $1.43B (-17.1% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $1.72BPrior quarter
- $1.43BCurrent quarter
- $-0.29BNet delta
- -17.1%% change
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| GCI LIBERTY INC | GLIBK | +3.61% | +181.06% | History → |
| COUPANG INC | CPNG | +6.00% | +67.58% | History → |
| SEA LTD., CLASS A, ADR | SE | +2.25% | +56.20% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| H WORLD GROUP LTD | HTHT | 2.34% | -4.55% | History → |
| SIRIUS XM HOLDINGS INC | SIRI | 2.28% | -4.55% | History → |
| HDFC BANK LTD | HDB | -3.38% | -4.54% | History → |
| NU HOLDINGS LTD | NU | -0.38% | -4.54% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| FULL TRUCK ALLIANCE CO. LTD., ADR | YMM | 12.71% |
Methodology & FAQ
How Kontiki Capital Management (HK) Ltd. Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Kontiki Capital Management (HK) Ltd. against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did Kontiki Capital Management (HK) Ltd. initiate in Q1 2026?
Kontiki Capital Management (HK) Ltd. established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for Kontiki Capital Management (HK) Ltd. in Q1 2026?
The largest portfolio-weight increases in existing positions were: GCI LIBERTY INC (GLIBK, +3.61% weight, +181.06% shares), COUPANG INC (CPNG, +6.00% weight, +67.58% shares), SEA LTD., CLASS A, ADR (SE, +2.25% weight, +56.20% shares).
Which positions did Kontiki Capital Management (HK) Ltd. fully exit in Q1 2026?
Kontiki Capital Management (HK) Ltd. fully exited 1 position in Q1 2026: FULL TRUCK ALLIANCE CO. LTD., ADR (YMM, last-reported weight 12.71%).
Which existing positions saw the largest allocation reductions for Kontiki Capital Management (HK) Ltd. in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: H WORLD GROUP LTD (HTHT, 2.34% weight, -4.55% shares), SIRIUS XM HOLDINGS INC (SIRI, 2.28% weight, -4.55% shares), HDFC BANK LTD (HDB, -3.38% weight, -4.54% shares), NU HOLDINGS LTD (NU, -0.38% weight, -4.54% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.