Founded in Q2 of 2017, Ovata Capital Management is a Hong Kong-based hedge fund manager specializing in arbitrage, relative value, event-driven, and equity long-short strategies. The firm is helmed by CIO James Chen, formerly leading the Asia equities team at BlueCrest Capital. Ovata concentrates on Asian equities and commenced trading with internal funds and capital from a prominent institutional investor in December 2017.
James Chen serves as the Founder and Chief Investment Officer at Ovata Capital Management Ltd. With a background in finance and technology, James Chen earned his Bachelor's degree in Computer Science from Stony Brook University, where he studied from 1986 to 1990. His educational foundation in computer science provides him with a strong analytical framework that complements his strategic leadership at Ovata Capital.
Ovata Capital Management Ltd., in their Q1 2024 13F filing reported managing $192,180,879 in 13F securities, with a top 10 holdings concentration of 73.41%. The firm's largest holding is in the Fidelity Wise Origin Bitcoin Fund, with 419,004 shares held.
| Fund Name: | Ovata Capital Management |
| Manager | James Chen |
| Portfolio Value | $184,064,239 |
| Change This QTR | +0.96% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | H World Group LtdNOTE 3.000% 5/0 | 21,700,000 | $23,010,680 | +71% | 12.5% | ||
| 2. | Fidelity Wise Origin Bitcoin Fund | 419,004 | $22,074,759 | 11.99% | |||
| 3. | Grayscale Bitcoin Trust (Btc) | 342,200 | $18,220,663 | 9.89% | |||
| 4. | Bitwise Bitcoin Etf | 469,992 | $15,453,735 | +7% | 8.39% | ||
| 5. | HDB | 234,636 | $15,093,040 | -15% | 8.19% |
