CIK 1693745
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Communications Equipment | 36.19% | 2 |
| Technology Hardware & Equipment | 17.10% | 1 |
| Banks | 16.26% | 2 |
| Semiconductors & Semiconductor Equipment | 10.57% | 4 |
| Commercial Services & Supplies | 7.17% | 1 |
| Utilities | 5.79% | 1 |
| Health Care Equipment & Supplies | 4.18% | 1 |
| Unclassified | 2.55% | 2 |
| Software | 0.19% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | LITE | Lumentum Holdings Inc. | Information Technology | 19.20% |
| 2 | SNDK | Sandisk Corp | Information Technology | 17.10% |
| 3 | CIEN | CIENA CORP | Information Technology | 16.99% |
| 4 | CRCL | Circle Internet Group, Inc. | Financials | 16.15% |
| 5 | PDD | PDD Holdings Inc. | Industrials | 7.17% |
| 6 | SEDG | SOLAREDGE TECHNOLOGIES, INC. | Information Technology | 6.67% |
| 7 | VG | Venture Global, Inc. | Utilities | 5.79% |
| 8 | STAA | STAAR SURGICAL CO | Health Care | 4.18% |
| 9 | AXTI | AXT INC | Information Technology | 3.68% |
| 10 | SUPX | SUPERX AI TECHNOLOGY LTD | Unclassified | 2.01% |
13/15 names classified · sector 97.5% of weight · industry 97.5% · mkt cap 90.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 97.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 36% of book weight classified — the grid is NOT representative of the whole book.
Classified: 36.4% of book weight (4/15 names) · unclassified 63.6%: SNDK, CRCL, PDD, SEDG, VG, STAA, AXTI, SUPX, SLMT, KC +1 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | LITELUMENTUM HLDGS INC | 195,681 | $138M | 19.2% | NEW |
| 2 | SNDKSANDISK CORP | 192,755 | $122M | 17.1% | TRIM −28% |
| 3 | CIENCIENA CORP | 313,445 | $122M | 17.0% | TRIM −38% |
| 4 | CRCLCIRCLE INTERNET GROUP INC | 1,212,292 | $116M | 16.1% | NEW |
| 5 | PDDPDD HOLDINGS INC | 502,925 | $51M | 7.2% | TRIM −40% |
| 6 | SEDGSOLAREDGE TECHNOLOGIES INC | 936,215 | $48M | 6.7% | NEW |
| 7 | VGVENTURE GLOBAL INC | 2,631,199 | $41M | 5.8% | NEW |
| 8 | STAASTAAR SURGICAL CO | 1,601,701 | $30M | 4.2% | NEW |
| 9 | AXTIAXT INC | 463,225 | $26M | 3.7% | NEW |
| 10 | SUPXSUPERX AI TECHNOLOGY LTD | 1,800,000 | $14M | 2.0% | HOLD |
| 11 | SLMTBRERA HOLDINGS PLC | 4,920,248 | $4M | 0.5% | TRIM −11% |
| 12 | KCKINGSOFT CLOUD HLDGS LTD | 102,879 | $1M | 0.2% | NEW |
| 13 | MUMICRON TECHNOLOGY INC | 3,583 | $1M | 0.2% | HOLD |
| 14 | LXLEXINFINTECH HLDGS LTD | 379,539 | $827,395 | 0.1% | TRIM −92% |
| 15 | INTCINTEL CORP | 6,312 | $278,549 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| LITELUMENTUM HLDGS INC | — | — | — | — | — | 196K | $138M |
| SNDKSANDISK CORP | — | — | — | 637K | 268K | 193K | $122M |
| CIENCIENA CORP | — | — | — | 524K | 502K | 313K | $122M |
| CRCLCIRCLE INTERNET GROUP INC | — | — | — | — | — | 1.2M | $116M |
| PDDPDD HOLDINGS INC | — | 492K | — | — | 837K | 503K | $51M |
| SEDGSOLAREDGE TECHNOLOGIES INC | — | — | — | — | — | 936K | $48M |
| VGVENTURE GLOBAL INC | — | — | — | — | — | 2.6M | $41M |
| STAASTAAR SURGICAL CO | — | — | — | — | — | 1.6M | $30M |
| AXTIAXT INC | — | — | — | — | — | 463K | $26M |
| SUPXSUPERX AI TECHNOLOGY LTD | — | — | — | — | 1.8M | 1.8M | $14M |
| SLMTBRERA HOLDINGS PLC | — | — | — | 5.6M | 5.6M | 4.9M | $4M |
| KCKINGSOFT CLOUD HLDGS LTD | — | — | — | — | — | 103K | $1M |
| MUMICRON TECHNOLOGY INC | — | — | — | 575K | 4K | 4K | $1M |
| LXLEXINFINTECH HLDGS LTD | — | 6.0M | 5.2M | 2.7M | 4.9M | 380K | $827,395 |
| INTCINTEL CORP | — | 2.9M | — | — | — | 6K | $278,549 |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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