# EDGAR Filing Document

**Accession Number:** 0001724517
**File Stem:** 0001724517-26-000003
**Filing Date:** 2026-3
**Character Count:** 10188
**Document Hash:** cc69de5a7aebeca615aa5d9a56eb597e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001724517-26-000003.hdr.sgml**: 20260303

**ACCESSION NUMBER**: 0001724517-26-000003

**CONFORMED SUBMISSION TYPE**: 13F-HR/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260303

**DATE AS OF CHANGE**: 20260302

**EFFECTIVENESS DATE**: 20260303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ovata Capital Management Ltd
- **CENTRAL INDEX KEY:** 0001724517

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** K3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20015
- **FILM NUMBER:** 26710890

**BUSINESS ADDRESS:**
- **STREET 1:** 7TH FLOOR HONG KONG LI-NING BUILDING
- **STREET 2:** 218 ELECTRIC ROAD
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 85238903030

**MAIL ADDRESS:**
- **STREET 1:** 7TH FLOOR HONG KONG LI-NING BUILDING
- **STREET 2:** 218 ELECTRIC ROAD
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 00000

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [x] **Amendment Number:** 1

**This Amendment (Check only one.):** [x] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Ovata Capital Management Ltd<br>**Address:** 7TH FLOOR HONG KONG LI-NING BUILDING<br>218 ELECTRIC ROAD<br>HONG KONG, K3 00000

**Form 13F File Number:** 028-20015

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Nicholas Bloom<br>**Title:** Chief Operating Officer<br>**Phone:** 85238903030

**Signature, Place, and Date of Signing:**

Nicholas Bloom  Hong Kong, K3  03-02-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 53

**Form 13F Information Table Value Total:** $823263137

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                         | Form 13F File Number   |
|:---|:---|:---|
|  | Ovata Capital Management LLC | 028-26160              |

### FORM 13F INFORMATION TABLE

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|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| BHP Group Ltd | SPONSORED ADS | 088606108 | BBG000BD5NZ4 | 2806158 | 46187 | SH |  | SOLE |  | 46187 | 0 | 0 |
| FiscalNote Holdings Inc | *W EXP 07/29/202 | 337655112 | BBG00YC6YVH4 | 5934 | 194545 | SH |  | SOLE |  | 194545 | 0 | 0 |
| Taiwan Semiconductor Manufacturing Co Ltd | SPONSORED ADS | 874039100 | BBG000BD8ZK0 | 67272722 | 218258 | SH |  | SOLE |  | 218258 | 0 | 0 |
| Sony Group Corp | SPONSORED ADR | 835699307 | BBG000BT7ZK6 | 513790 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| Rio Tinto PLC | SPONSORED ADR | 767204100 | BBG000FD28T3 | 8089303 | 100371 | SH |  | SOLE |  | 100371 | 0 | 0 |
| HDFC Bank Ltd | SPONSORED ADS | 40415F101 | BBG000NWKS18 | 10022195 | 277332 | SH |  | SOLE |  | 277332 | 0 | 0 |
| Trip.com Group Ltd | ADS | 89677Q107 | BBG000CWKYS8 | 7930087 | 111412 | SH |  | SOLE |  | 111412 | 0 | 0 |
| Fidelity Wise Origin Bitcoin Fund | SHS | 315948109 | BBG01KY66PW6 | 22490642 | 295558 | SH |  | SOLE |  | 295558 | 0 | 0 |
| Bitwise Bitcoin ETF | SHS BEN INT | 09174C104 | BBG01KY66LW5 | 1896757 | 39977 | SH |  | SOLE |  | 39977 | 0 | 0 |
| Infosys Ltd | SPONSORED ADR | 456788108 | BBG000BSGQL7 | 4011732 | 218082 | SH |  | SOLE |  | 218082 | 0 | 0 |
| Agenus Inc | COM NEW | 00847G804 | BBG000C8SWQ9 | 96712 | 30800 | SH |  | SOLE |  | 30800 | 0 | 0 |
| iShares Bitcoin Trust ETF | SHS BEN INT | 46438F101 | BBG01KYQ6PV3 | 56596275 | 1142805 | SH |  | SOLE |  | 1142805 | 0 | 0 |
| ASE Technology Holding Co Ltd | SPONSORED ADS | 00215W100 | BBG00KLHL9W6 | 5784790 | 352320 | SH |  | SOLE |  | 352320 | 0 | 0 |
| Alibaba Group Holding Ltd | SPONSORED ADS | 01609W102 | BBG006G2JVL2 | 15867050 | 102096 | SH |  | OTR | 1 | 0 | 102096 | 0 |
| ICICI Bank Ltd | ADR | 45104G104 | BBG000DRM643 | 4306073 | 144100 | SH |  | SOLE |  | 144100 | 0 | 0 |
| NetEase Inc | SPONSORED ADS | 64110W102 | BBG000BX72V8 | 937443 | 6800 | SH |  | SOLE |  | 6800 | 0 | 0 |
| Li Auto Inc | SPONSORED ADR | 50202M102 | BBG00W0KZD98 | 483253 | 29000 | SH |  | SOLE |  | 29000 | 0 | 0 |
| Ryanair Holdings PLC | SPONSORED ADR | 783513203 | BBG000J9CBT0 | 71968867 | 981383 | SH |  | SOLE |  | 981383 | 0 | 0 |
| Simplify China A Shares PLUS Income ETF | CHINA A SHS PLUS | 82889N384 | BBG01RQWJHF6 | 8911884 | 360000 | SH |  | SOLE |  | 360000 | 0 | 0 |
| Fox Corp | CL B COM | 35137L204 | BBG00JHNKJY8 | 11463716 | 176555 | SH |  | SOLE |  | 176555 | 0 | 0 |
| JBS NV | CL A SHS | N4732M103 | BBG01V30BCK5 | 7209755 | 499983 | SH |  | SOLE |  | 499983 | 0 | 0 |
| Brookfield Renewable Partners LP | PARTNERSHIP UNIT | G16258108 | BBG000DJKCL1 | 4875664 | 180781 | SH |  | SOLE |  | 180781 | 0 | 0 |
| Under Armour Inc | CL A | 904311107 | BBG000BXM6V2 | 6951763 | 1398745 | SH |  | SOLE |  | 1398745 | 0 | 0 |
| Honda Motor Co Ltd | ADR ECH CNV IN 3 | 438128308 | BBG000BL6B45 | 413673 | 14062 | SH |  | SOLE |  | 14062 | 0 | 0 |
| Baidu Inc | SPON ADR REP A | 056752108 | BBG000QXWHD1 | 675806 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| MakeMyTrip Ltd | SHS | V5633W109 | BBG000BB34J0 | 2373268 | 8400 | SH |  | SOLE |  | 8400 | 0 | 0 |
| Toyota Motor Corp | ADS | 892331307 | BBG000BPH299 | 964122 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| Synopsys Inc | COM | 871607107 | BBG000BSFRF3 | 1221272 | 2600 | SH |  | DFND | 1 | 2600 | 0 | 0 |
| Alphabet Inc | CAP STK CL C | 02079K107 | BBG009S3NB30 | 2003200 | 6400 | SH |  | DFND | 1 | 6400 | 0 | 0 |
| Warner Bros Discovery Inc | COM SER A | 934423104 | BBG011386VF4 | 2572300 | 11807 | SH |  | SOLE |  | 11807 | 0 | 0 |
| Sunococorp LLC | COM SHS LLC | 86765Q106 | BBG01Y78HCT3 | 2572416 | 52200 | SH |  | SOLE |  | 52200 | 0 | 0 |
| Sealed Air Corp | COM | 81211K100 | BBG000C22QV7 | 943485 | 22773 | SH |  | SOLE |  | 22773 | 0 | 0 |
| Zscaler Inc | COM | 98980G102 | BBG003338H34 | 872690 | 3880 | SH |  | DFND | 1 | 3880 | 0 | 0 |
| CyberArk Software Ltd | SHS | M2682V108 | BBG006Q52QV2 | 16183057 | 36280 | SH |  | SOLE |  | 36280 | 0 | 0 |
| Clearwater Analytics Holdings Inc | CL A | 185123106 | BBG012C765L4 | 6811006 | 282380 | SH |  | SOLE |  | 282380 | 0 | 0 |
| DigitalBridge Group Inc | CL A NEW | 25401T603 | BBG00D30HGP6 | 1557930 | 101560 | SH |  | SOLE |  | 101560 | 0 | 0 |
| H World Group Ltd | NOTE 3.000% 5/0 | 44332NAB2 | BBG00TR60PJ7 | 7656180 | 6000000 | SH |  | SOLE |  | 6000000 | 0 | 0 |
| NIO Inc | NOTE 4.625%10/1 | 62914VAK2 | BBG01JG05PL5 | 7758375 | 8500000 | SH |  | SOLE | 1 | 8500000 | 0 | 0 |
| Weibo Corp | NOTE 1.375%12/0 | 948596AJ0 | BBG01KD6JSQ6 | 3482220 | 3000000 | SH |  | SOLE |  | 3000000 | 0 | 0 |
| Alibaba Group Holding Ltd | NOTE 0.500% 6/0 | 01609WBG6 | BBG01N1MQQS2 | 48199110 | 31000000 | SH |  | SOLE |  | 31000000 | 0 | 0 |
| Spotify USA Inc | NOTE 3/1 | 84921RAB6 | BBG00ZFDC5N7 | 99623125 | 87500000 | SH |  | DFND | 1 | 87500000 | 0 | 0 |
| Ford Motor Co | NOTE 3/1 | 345370CZ1 | BBG00ZNKGD88 | 36335250 | 35000000 | SH |  | DFND | 1 | 35000000 | 0 | 0 |
| Coinbase Global Inc | NOTE 0.500% 6/0 | 19260QAB3 | BBG01138FQ01 | 22498200 | 22500000 | SH |  | DFND | 1 | 22500000 | 0 | 0 |
| Snowflake Inc | NOTE 10/0 | 833445AB5 | BBG01PZXTX71 | 48453600 | 32500000 | SH |  | DFND | 1 | 32500000 | 0 | 0 |
| Cloudflare Inc | NOTE 8/1 | 18915MAC1 | BBG012314YD5 | 38990068 | 33245000 | SH |  | DFND | 1 | 33245000 | 0 | 0 |
| Ionis Pharmaceuticals Inc | NOTE 4/0 | 462222AD2 | BBG00ZXX75N9 | 51860826 | 37723000 | SH |  | DFND | 1 | 37723000 | 0 | 0 |
| Beyond Meat Inc | DEBT 7.000%10/1 | 08862EAD1 | BBG01XWNQRJ2 | 315936 | 405000 | SH |  | SOLE |  | 405000 | 0 | 0 |
| Starwood Property Trust Inc | NOTE 6.750% 7/1 | 85571BBA2 | BBG01H507T40 | 3633000 | 3500000 | SH |  | DFND | 1 | 3500000 | 0 | 0 |
| Southern Co/The | NOTE 4.500% 6/1 | 842587DZ7 | BBG01MRBPYK2 | 10694700 | 10000000 | SH |  | DFND | 1 | 10000000 | 0 | 0 |
| FirstEnergy Corp | NOTE 4.000% 5/0 | 337932AR8 | BBG01GHMLG07 | 10232400 | 10000000 | SH |  | DFND | 1 | 10000000 | 0 | 0 |
| Jazz Investments I Ltd | NOTE 2.000% 6/1 | 472145AF8 | BBG00VC8NNS4 | 28625567 | 24677000 | SH |  | DFND | 1 | 24677000 | 0 | 0 |
| WEC Energy Group Inc | NOTE 4.375% 6/0 | 92939UAP1 | BBG01N0Q7CX0 | 15291990 | 13500000 | SH |  | DFND | 1 | 13500000 | 0 | 0 |
| Pinnacle West Capital Corp | NOTE 4.750% 6/1 | 723484AK7 | BBG01N5F4754 | 29955800 | 28000000 | SH |  | DFND | 1 | 28000000 | 0 | 0 |

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