CloudAlpha Capital Management Limited/Hong Kong

Exempt adviser

CIK

1745907

Location

HONG KONG, K3

Portfolio Value

Mid $3,512,276,666

Diversification

Diversified

Filing Date

Global Rank

#1,131 / 8,818 ▲ 21

Top Industry

Semiconductors 56.5%

Period ended 4 months ago

Filed Aug 10, 2026 · 3mo

23 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Exempt adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 315918

Roster of Oct 1, 2026

Private funds

3 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$1,781,582,229 gross assets

LEI

254900U521DMK59Y3Q79

Private funds on Schedule D 7.B.(1)

As filed May 21, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$518,855,785 gross assets in 2 funds Hedge funds $518,855,785 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	—	—
Apr 2025 to Mar 2026	—	—
Jun 2024 to Mar 2025	—	—

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 77.7% of the book (60%+)

Turnover

High turnover

216.5% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 1.6 quarters (under 4)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 80.7%; sector active share 52.2% against the combined 13F book's sector weights.

Over time 23 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

30 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

16.1%

+0.2 pts

Top 5

63.1%

+5.4 pts

Top 10

83.8%

+7.1 pts

HHI

949

Diversified+103

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	48.2%	$1,692,158,593	20
Unclassified	41.7%	$1,465,045,111	4
Consumer Cyclical	6.9%	$241,129,980	1
Industrials	2.1%	$72,794,822	2
Financial Services	1.1%	$38,382,117	2
Communication Services	0.1%	$2,766,043	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
MRVL	Marvell Technology, Inc.	+175,908	315,200	$93,894,928
TSLA	Tesla, Inc.	+162,190	243,300	$102,331,980
ALAB	Astera Labs, Inc.	+20,190	20,200	$9,757,004
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−166,970	7,740	$2,766,043
SNDK	Sandisk Corp	−43,770	26,800	$60,935,964
VCX	Fundrise Innovation Fund, LLC	−30,749	172,355	$14,896,642
No positions match the current search.

New Positions

Positions the filer opened this quarter

17 positions

Ticker	Company	Shares	Value
AMD	Advanced Micro Devices Inc	225,653	$131,084,084
LRCX	Lam Research Corp	271,100	$117,475,763
VSH	Vishay Intertechnology Inc	1,544,690	$83,073,428
AMAT	Applied Materials Inc	92,357	$66,774,111
QCOM	Qualcomm Inc	281,160	$51,955,556
FPS	Forgent Power Solutions, Inc.	711,329	$39,734,837
POET	Poet Technologies Inc.	3,860,024	$39,681,046
WOLF	Wolfspeed, Inc.	719,134	$34,698,215
BE	Bloom Energy Corp	109,217	$33,059,985
INTC	Intel Corp	234,800	$32,785,124
HOOD	Robinhood Markets, Inc.	234,199	$23,485,475
MKSI	Mks Inc	41,589	$18,498,787
SNOW	Snowflake Inc.	56,875	$14,474,687
UCTT	Ultra Clean Holdings, Inc.	91,971	$13,114,144
ENTG	Entegris Inc	72,727	$13,080,678
ICHR	Ichor Holdings, Ltd.	115,582	$12,977,546
PONY	Pony AI Inc.	334,352	$2,323,746
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
LITE	Lumentum Holdings Inc.	198,356	$139,396,662
CRCL	Circle Internet Group, Inc.	1,205,610	$115,027,250
MOD	Modine Manufacturing Co	427,256	$92,590,647
COHR	Coherent Corp.	281,910	$67,153,781
MSFT	Microsoft Corp	176,910	$65,486,774
CIEN	Ciena Corp	88,110	$34,206,945
META	Meta Platforms, Inc.	52,610	$30,099,759
PWR	Quanta Services, Inc.	47,600	$26,133,352
RKLB	Rocket Lab Corp	371,400	$23,851,308
TER	Teradyne, Inc	66,662	$19,762,616
AXTI	Axt Inc	334,402	$19,054,225
MTZ	Mastec Inc	57,400	$18,467,876
MTSI	MACOM Technology Solutions Holdings, Inc.	77,214	$17,146,912
AAOI	Applied Optoelectronics, Inc.	177,410	$15,007,111
EQIX	Equinix Inc	13,300	$13,037,192
OKTA	Okta, Inc.	133,000	$10,468,430
TTMI	Ttm Technologies Inc	92,475	$9,008,914
GLW	Corning Inc	46,500	$6,322,605
SATL	Satellogic Inc.	920,000	$5,004,800
LEU	Centrus Energy Corp	27,136	$4,710,538
API	Agora, Inc.	645,700	$2,285,778
IONQ	IonQ, Inc.	54,102	$1,559,760
AEIS	Advanced Energy Industries Inc	4,783	$1,543,521
CIFR	Cipher Digital Inc.	107,000	$1,377,090
RGTI	Rigetti Computing, Inc.	81,000	$1,137,240
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

30 tracked positions · $3,512,276,666 total · filing declares 36 positions · $3,512,276,677 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1 PUT	Reduced	769,800	-39,700	$566,880,720	+21.3%	—	—	16.14%
AMD	Advanced Micro Devices Inc CALL + SHARES Technology	NEW	800,653	NEW	$465,107,334	NEW	1	$409.99	13.24%
SPY	Spdr S&P 500 ETF Trust PUT	Reduced	571,100	-78,900	$426,480,347	+0.9%	—	—	12.14%
SOXX	iShares Semiconductor ETF PUT	Added	661,900	+149,400	$424,119,044	+151.8%	—	—	12.08%
LRCX	Lam Research Corp CALL + SHARES Technology	NEW	661,100	NEW	$286,474,463	NEW	1	$303.56	8.16%
TSLA	Tesla, Inc. PUT + SHARES Consumer Cyclical	Added	573,300	+492,190	$241,129,980	+699.7%	4	$380.75	6.87%
INTC	Intel Corp CALL + SHARES Technology	NEW	1,179,800	NEW	$164,735,474	NEW	1	$101.12	4.69%
TSM	Taiwan Semiconductor Manufacturing Co Ltd PUT Technology	Added	240,000	+106,500	$114,616,800	+154.0%	—	—	3.26%
AMAT	Applied Materials Inc CALL + SHARES Technology	NEW	157,357	NEW	$113,769,111	NEW	1	$461.39	3.24%
MRVL	Marvell Technology, Inc. Technology	Added	315,200	+175,908	$93,894,928	+580.6%	2	$149.01	2.67%
VSH	Vishay Intertechnology Inc Technology	NEW	1,544,690	NEW	$83,073,428	NEW	1	$40.91	2.37%
MU	Micron Technology Inc CALL + SHARES Technology	Reduced	60,010	-46,000	$69,268,942	+93.4%	6	$127.95	1.97%
SNDK	Sandisk Corp Technology	Reduced	26,800	-103,770	$60,935,964	−26.5%	4	$94.29	1.73%
QCOM	Qualcomm Inc Technology	NEW	281,160	NEW	$51,955,556	NEW	1	$187.00	1.48%
IGV	iShares Expanded Tech-Software Sector ETF CALL	NEW	525,000	NEW	$47,565,000	NEW	—	—	1.35%
FPS	Forgent Power Solutions, Inc. Industrials	NEW	711,329	NEW	$39,734,837	NEW	1	$45.64	1.13%
POET	Poet Technologies Inc. Technology	NEW	3,860,024	NEW	$39,681,046	NEW	1	$10.89	1.13%
WOLF	Wolfspeed, Inc. Technology	NEW	719,134	NEW	$34,698,215	NEW	1	$43.53	0.99%
BE	Bloom Energy Corp Industrials	NEW	109,217	NEW	$33,059,985	NEW	1	$256.21	0.94%
MPWR	Monolithic Power Systems, Inc. PUT Technology	NEW	21,500	NEW	$29,720,740	NEW	—	—	0.85%
HOOD	Robinhood Markets, Inc. Financial Services	NEW	234,199	NEW	$23,485,475	NEW	1	$83.72	0.67%
MKSI	Mks Inc Technology	NEW	41,589	NEW	$18,498,787	NEW	1	$312.92	0.53%
VCX	Fundrise Innovation Fund, LLC Financial Services	Reduced	172,355	-30,749	$14,896,642	−44.0%	2	unpriced	0.42%
SNOW	Snowflake Inc. Technology	NEW	56,875	NEW	$14,474,687	NEW	1	$184.02	0.41%
UCTT	Ultra Clean Holdings, Inc. Technology	NEW	91,971	NEW	$13,114,144	NEW	1	$88.00	0.37%
ENTG	Entegris Inc Technology	NEW	72,727	NEW	$13,080,678	NEW	1	$144.21	0.37%
ICHR	Ichor Holdings, Ltd. Technology	NEW	115,582	NEW	$12,977,546	NEW	1	$72.14	0.37%
ALAB	Astera Labs, Inc. Technology	Reduced	20,200	-12,310	$9,757,004	+173.8%	2	$265.31	0.28%
GOOGL	Alphabet Inc. Communication Services	Reduced	7,740	-166,970	$2,766,043	−94.5%	5	$163.69	0.08%
PONY	Pony AI Inc. Technology	NEW	334,352	NEW	$2,323,746	NEW	1	$9.27	0.07%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.