Oasis Management Co Ltd Q2 2026 Portfolio Highlights: Strategic Shifts in Tech and Consumer Sectors
Oasis Management Co Ltd held a portfolio valued at $819 million as of June 30, 2026. This quarter saw significant changes including major purchases and sales across various sectors.
As of June 30, 2026, Oasis Management Co Ltd held a portfolio valued at $819 million.
Prominent Purchases This Quarter
Oasis Management demonstrated strong buying activity during the second quarter. The investor significantly increased its position in Applied Digital Corp (APLD), acquiring an additional 3,974,500 shares representing a nearly fourfold increase from the previous period.
Concurrently, there was substantial buying momentum in other sectors. The investor purchased USA Today Co Inc (GCI), adding 1,748,730 shares to its existing holdings of just over one million.
Additionally, Oasis Management established a new position in the stock market through purchases. Palantir Technologies Inc (PLTR), valued at $14.3 million or 1.54% of the portfolio, was entirely newly acquired.
Furthermore, the investor showed strong interest in international technology players by adding Tencent Music Entmt Group (TME). This position increased significantly from a previous quarter, contributing $4.2 million or 0.45% to the portfolio.
Another notable addition was KT Corp (KT), which Oasis Management Co Ltd acquired for approximately $7 million or 0.75%. This stock also saw a substantial increase in holdings during this period.
Major Portfolio Reductions
The most significant change observed by Oasis Management was the reduction of its stake in Hut 8 Corp (HUT). The position decreased by nearly nine million shares, representing a sharp drop of over 89%.
Similarly, there were substantial reductions elsewhere. The investor sold off approximately two-thirds of its holdings in VNET Group Inc (VNET), reducing the position by $27 million or about 25%.
Within the Technology sector, significant exits occurred. The investment in Core Scientific Inc New (CORZ) was reduced by over one million shares during this quarter alone.
Other Notable Changes
Beyond the major shifts, several other stocks saw changes in their portfolio allocation. Applied Digital Corp (APLD), already a significant position at 20.15%, continued its upward trend.
Also noteworthy was the purchase of shares in KT Corp and Tencent Music Entmt Group (TME), both adding new or significantly increased holdings.
The portfolio's Technology allocation remains dominant, now comprising 40.29% ($330 million) of the total value, driven by these additions and prior holdings like Applied Digital and continued investment in other tech stocks.
Overall Portfolio Dynamics
Oasis Management's portfolio consists of 66 distinct holdings, with the top five positions accounting for approximately 64.8% ($530 million) of the total value as of June 30, 2026.
The investor has shown capability in both large acquisitions and divestments this quarter, indicating a dynamic approach to portfolio management focused on capitalizing on perceived opportunities while strategically exiting others.