CIK 1738071
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 |
|---|---|---|
| Banks | 50.34% | 1 |
| Semiconductors & Semiconductor Equipment | 20.86% | 1 |
| Unclassified | 19.41% | 3 |
| Technology Hardware & Equipment | 5.79% | 1 |
| Commercial Services & Supplies | 2.34% | 1 |
| Tobacco | 1.27% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CRCL | Circle Internet Group, Inc. | Financials | 50.34% |
| 2 | MU | MICRON TECHNOLOGY INC | Information Technology | 20.86% |
| 3 | KORU | DIREXION SHS ETF TR | Unclassified | 9.10% |
| 4 | SUPX | SUPERX AI TECHNOLOGY LTD | Unclassified | 7.83% |
| 5 | SNDK | Sandisk Corp | Information Technology | 5.79% |
| 6 | SUNRISE NEW ENERGY CO LTD | Unclassified | 2.48% | |
| 7 | PDD | PDD Holdings Inc. | Industrials | 2.34% |
| 8 | ISPR | Ispire Technology Inc. | Consumer Staples | 1.27% |
5/8 names classified · sector 80.6% of weight · industry 80.6% · mkt cap 78.3%; 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: 80.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 22% of book weight classified — the grid is NOT representative of the whole book.
Classified: 22.1% of book weight (2/8 names) · unclassified 77.9%: CRCL, KORU, SUPX, SNDK, , PDD. 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 | CRCLCIRCLE INTERNET GROUP INC | 1,153,000 | $110M | 50.3% | ADD 16% |
| 2 | MUMICRON TECHNOLOGY INC | 134,900 | $46M | 20.9% | NEW |
| 3 | KORUDIREXION SHS ETF TR | 70,000 | $20M | 9.1% | NEW |
| 4 | SUPXSUPERX AI TECHNOLOGY LTD | 2,139,556 | $17M | 7.8% | TRIM −22% |
| 5 | SNDKSANDISK CORP | 19,900 | $13M | 5.8% | TRIM −20% |
| 6 | SUNRISE NEW ENERGY CO LTD | 7,000,000 | $5M | 2.5% | HOLD |
| 7 | PDDPDD HOLDINGS INC | 50,000 | $5M | 2.3% | HOLD |
| 8 | ISPRISPIRE TECHNOLOGY INC | 1,504,056 | $3M | 1.3% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CRCLCIRCLE INTERNET GROUP INC | — | — | 110K | 242K | 994K | 1.2M | $110M |
| MUMICRON TECHNOLOGY INC | — | — | — | — | — | 135K | $46M |
| KORUDIREXION SHS ETF TR | — | — | — | — | — | 70K | $20M |
| SUPXSUPERX AI TECHNOLOGY LTD | — | 750K | 750K | 2.5M | 2.7M | 2.1M | $17M |
| SNDKSANDISK CORP | — | — | — | — | 25K | 20K | $13M |
| SUNRISE NEW ENERGY CO LTD | — | — | — | — | 7.0M | 7.0M | $5M |
| PDDPDD HOLDINGS INC | 40K | — | 498K | — | 50K | 50K | $5M |
| ISPRISPIRE TECHNOLOGY INC | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | $3M |
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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