R Squared Ltd

CIK

1896148

Location

HONG KONG, K3

Portfolio Value

Small $189,777,922

Diversification

Diversified

Filing Date

Global Rank

#6,643 / 8,817 ▼ 143

Top Industry

Banks - Regional 5.5%

Period ended 4 months ago

Filed Aug 5, 2026 · 3mo

7 quarters · since Dec 2024

Regulatory profile

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

Holder type

Unknown

Portfolio style

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

Style

Systematic-like

509 stocks (500+), trailing annual turnover 202.0% (100%+), top 10 weight 14.1% (25% or less)

Turnover

High turnover

202.0% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.6 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 78.6%; sector active share 25.7% against the combined 13F book's sector weights.

Over time 7 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

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

Top Position

2.0%

−0.7 pts

Top 5

8.6%

−1.9 pts

Top 10

14.1%

−2.8 pts

HHI

Diversified−11

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	19.4%	$36,858,676	88
Technology	17.4%	$32,975,142	79
Industrials	16.0%	$30,382,486	74
Healthcare	11.4%	$21,649,925	82
Consumer Cyclical	9.9%	$18,788,590	57
Communication Services	6.6%	$12,608,401	28
Consumer Defensive	5.9%	$11,109,993	31
Utilities	5.4%	$10,256,232	16
Energy	4.2%	$8,044,140	23
Basic Materials	2.6%	$4,920,012	23
Real Estate	1.2%	$2,184,325	8

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GRAB	Grab Holdings Ltd	+128,887	300,863	$1,134,253
AAL	American Airlines Group Inc.	+55,038	68,615	$1,239,873
BBD	Bank Bradesco	+54,536	123,099	$427,153
HLN	Haleon plc	+37,834	50,307	$469,364
POWW	Outdoor Holding Co	+35,426	74,909	$170,792
SPWR	SunPower Inc.	+28,780	39,392	$27,062
NXDR	Nextdoor Holdings, Inc.	+23,270	52,595	$119,390
KOS	Kosmos Energy Ltd.	+23,058	42,423	$89,512
PEW	GrabAGun Digital Holdings Inc.	+22,683	62,609	$142,748
TNYA	Tenaya Therapeutics, Inc.	+20,295	31,503	$23,280
IMPP	Imperial Petroleum Inc./Marshall Islands	+20,051	38,054	$175,428
NVDA	Nvidia Corp	+16,057	18,057	$3,613,025
RR	Richtech Robotics Inc.	+15,301	27,108	$57,197
TLRY	Tilray Brands, Inc.	+13,318	27,861	$125,095
HRTX	Heron Therapeutics, Inc.	+13,093	46,708	$20,084
FNUC	Frontier Nuclear & Minerals Inc.	+12,417	34,274	$52,439
PLTK	Playtika Holding Corp.	+11,890	23,595	$87,773
SMR	NUSCALE POWER Corp	+11,733	26,019	$260,970
MERC	Mercer International Inc.	+11,206	41,177	$27,176
CRDF	Cardiff Oncology, Inc.	+10,216	22,018	$28,623
CINT	CI&T Inc	+9,801	44,322	$148,035
TV	Grupo Televisa, S.A.B.	+9,174	21,004	$56,920
MDT	Medtronic plc	+9,104	20,617	$1,612,867
LUCD	Lucid Diagnostics Inc.	+9,071	30,587	$32,728
FIS	Fidelity National Information Services, Inc.	+8,954	15,470	$601,473
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GPRO	GoPro, Inc.	−61,378	35,689	$27,766
KVUE	Kenvue Inc.	−53,006	12,583	$240,461
SMRT	SmartRent, Inc.	−41,174	37,307	$44,395
SNDL	SNDL Inc.	−40,278	52,225	$70,503
REI	Ring Energy, Inc.	−39,958	11,992	$12,951
HUMA	Humacyte, Inc.	−31,106	31,805	$24,807
TBLA	Taboola.com Ltd.	−27,246	12,081	$60,405
ALLO	Allogene Therapeutics, Inc.	−24,996	20,249	$42,117
CGNT	Cognyte Software Ltd.	−24,476	20,670	$181,482
ANIK	Anika Therapeutics, Inc.	−23,119	27,065	$395,960
ONDS	Ondas Inc.	−20,482	15,922	$131,197
PLUG	Plug Power Inc	−20,139	97,960	$265,471
CURI	CuriosityStream Inc.	−18,259	26,226	$69,761
TRIN	Trinity Capital Inc.	−15,654	11,707	$209,438
GCMG	GCM Grosvenor Inc.	−14,495	11,697	$143,873
—		−14,288	21,617	$67,228
EZPW	Ezcorp Inc	−14,086	12,996	$449,271
KEEL	Keel Infrastructure Corp.	−13,005	10,821	$62,112
WBD	Warner Bros. Discovery, Inc.	−12,920	22,969	$612,353
BLNK	Blink Charging Co.	−12,639	46,546	$29,789
LXRX	Lexicon Pharmaceuticals, Inc.	−12,541	54,985	$131,964
RXRX	Recursion Pharmaceuticals, Inc.	−11,807	20,556	$75,440
INFY	Infosys Ltd	−11,485	18,322	$192,197
BLZE	Backblaze, Inc.	−10,770	13,666	$216,742
AMSF	Amerisafe Inc	−10,670	19,189	$649,163
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
META	Meta Platforms, Inc.	2,795	$1,574,395
COST	Costco Wholesale Corp	1,510	$1,412,559
—		15,966	$1,220,121
TXN	Texas Instruments Inc	3,238	$965,150
UL	Unilever PLC	15,960	$959,515
UNF	Unifirst Corp	3,506	$927,196
INTC	Intel Corp	6,439	$899,077
MCD	Mcdonalds Corp	3,277	$885,805
IDA	Idacorp Inc	5,675	$858,627
IBKR	Interactive Brokers Group, Inc.	9,662	$840,980
XOM	ExxonMobil Holdings Corp	6,143	$839,870
UNP	Union Pacific Corp	3,075	$836,400
LYV	Live Nation Entertainment, Inc.	4,489	$821,980
FTV	Fortive Corp	13,034	$796,247
CLH	Clean Harbors Inc	2,587	$772,866
SCHW	Schwab Charles Corp	8,099	$747,294
VRTX	Vertex Pharmaceuticals Inc	1,337	$664,128
VOYA	Voya Financial, Inc.	7,021	$635,611
SRE	Sempra	6,672	$618,561
VLO	Valero Energy Corp	2,334	$607,866
WFC	Wells Fargo & Company	7,230	$597,487
MCK	Mckesson Corp	771	$582,567
STX	Seagate Technology Holdings plc	600	$579,000
REGN	Regeneron Pharmaceuticals, Inc.	902	$562,433
BLK	BlackRock, Inc.	580	$557,704
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
V	Visa Inc.	6,456	$1,951,261
GOOGL	Alphabet Inc.	6,325	$1,818,817
WCN	Waste Connections, Inc.	9,927	$1,612,541
GD	General Dynamics Corp	4,318	$1,482,023
FDX	Fedex Corp	3,101	$1,104,514
D	Dominion Energy, Inc	14,495	$896,080
MO	Altria Group, Inc.	13,317	$878,788
GWW	W.W. Grainger, Inc.	772	$842,105
NSC	Norfolk Southern Corp	2,775	$796,425
RPRX	Royalty Pharma plc	15,351	$736,387
ADP	Automatic Data Processing Inc	3,584	$728,197
LMT	Lockheed Martin Corp	1,182	$714,388
LITE	Lumentum Holdings Inc.	1,000	$702,760
BKNG	Booking Holdings Inc.	166	$698,913
CCK	Crown Holdings, Inc.	6,755	$677,188
BSX	Boston Scientific Corp	9,963	$625,178
DHR	Danaher Corp	3,252	$616,579
TDG	TransDigm Group INC	526	$609,612
ECL	Ecolab Inc.	2,248	$598,012
TGT	Target Corp	4,806	$582,487
VALE	Vale S.A.	36,382	$578,837
OGE	Oge Energy Corp.	11,529	$552,930
WMB	Williams Companies, Inc.	7,340	$534,205
PEP	Pepsico Inc	3,264	$506,866
BRK-B	Berkshire Hathaway Inc	1,053	$504,597
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

509 tracked positions · $189,777,922 total · filing declares 509 positions · $190,447,284 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 509 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
TXNM	Txnm Energy Inc Utilities	Reduced	68,165	-7,891	$3,870,408	−13.0%	3	$58.71	2.04%
PEN	Penumbra Inc Healthcare	Added	11,502	+8,916	$3,631,756	+327.7%	2	$327.28	1.91%
NVDA	Nvidia Corp Technology	Added	18,057	+16,057	$3,613,025	+935.8%	4	$202.14	1.90%
C	Citigroup Inc Financial Services	Added	18,911	+4,492	$2,646,783	+61.9%	7	before history	1.39%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	5,197	+1,589	$2,481,931	+103.5%	4	$320.49	1.31%
AAPL	Apple Inc. Technology	Reduced	8,201	-10,617	$2,373,041	−50.3%	2	$260.25	1.25%
		Reduced	10,775	-3,178	$2,209,306	−22.3%	3	$201.84	1.16%
CHT	Chunghwa Telecom Co Ltd Communication Services	Reduced	47,851	-7,313	$2,117,885	−9.1%	4	$43.31	1.12%
ISRG	Intuitive Surgical Inc Healthcare	Added	4,936	+4,356	$1,962,948	+634.2%	7	before history	1.03%
CVX	Chevron Corp Energy	Added	11,552	+590	$1,914,859	−15.6%	2	$182.54	1.01%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	13,989	+7,346	$1,722,185	+64.8%	4	$158.14	0.91%
MDT	Medtronic plc Healthcare	Added	20,617	+9,104	$1,612,867	+61.7%	3	$89.26	0.85%
META	Meta Platforms, Inc. Communication Services	NEW	2,795	NEW	$1,574,395	NEW	1	$611.48	0.83%
NOC	Northrop Grumman Corp Industrials	Added	2,949	+2,356	$1,501,955	+271.2%	3	$577.53	0.79%
COST	Costco Wholesale Corp Consumer Defensive	NEW	1,510	NEW	$1,412,559	NEW	1	$996.37	0.74%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	3,178	-2,471	$1,336,666	−36.3%	2	$411.95	0.70%
LHX	L3harris Technologies, Inc. Industrials	Added	4,513	+3,103	$1,311,432	+169.5%	3	$308.79	0.69%
PH	Parker-Hannifin Corp Industrials	Reduced	1,324	-942	$1,295,030	−36.2%	3	$909.18	0.68%
SPGI	S&P Global Inc. Financial Services	Added	3,129	+1,129	$1,274,316	+49.8%	4	unpriced	0.67%
RTX	RTX Corp Industrials	Added	6,661	+5,332	$1,263,791	+393.0%	2	$186.47	0.67%
AAL	American Airlines Group Inc. Industrials	Added	68,615	+55,038	$1,239,873	+750.3%	5	$13.14	0.65%
		NEW	15,966	NEW	$1,220,121	NEW	1	$72.75	0.64%
AMAT	Applied Materials Inc Technology	Added	1,643	+32	$1,187,889	+115.7%	2	$338.81	0.63%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	12,459	+4,187	$1,147,349	+50.3%	5	unpriced	0.60%
GRAB	Grab Holdings Ltd Technology	Added	300,863	+128,887	$1,134,253	+80.2%	3	$4.05	0.60%
STT	State Street Corp Financial Services	Added	6,176	+3,870	$1,047,449	+258.9%	2	$144.38	0.55%
BE	Bloom Energy Corp Industrials	Reduced	3,422	-1,419	$1,035,839	+57.9%	3	$105.07	0.55%
TMUS	T-Mobile US, Inc. Communication Services	Added	6,088	+4,921	$1,021,140	+316.6%	5	$195.77	0.54%
MSFT	Microsoft Corp Technology	Reduced	2,706	-4,371	$1,009,392	−61.5%	4	$470.00	0.53%
CME	Cme Group Inc. Financial Services	Added	4,503	+2,962	$994,397	+118.5%	5	$274.99	0.52%
TXN	Texas Instruments Inc Technology	NEW	3,238	NEW	$965,150	NEW	1	$277.43	0.51%
CMI	Cummins Inc Industrials	Reduced	1,352	-399	$964,259	+2.4%	3	$518.67	0.51%
AXS	Axis Capital Holdings Ltd Financial Services	Reduced	8,946	-632	$961,158	−1.0%	4	$97.51	0.51%
UL	Unilever PLC Consumer Defensive	NEW	15,960	NEW	$959,515	NEW	1	$57.81	0.51%
UNF	Unifirst Corp Industrials	NEW	3,506	NEW	$927,196	NEW	1	$261.22	0.49%
MMM	3M Co Industrials	Added	5,624	+2,797	$910,581	+121.8%	2	$155.43	0.48%
INTC	Intel Corp Technology	NEW	6,439	NEW	$899,077	NEW	1	$101.12	0.47%
MCD	Mcdonalds Corp Consumer Cyclical	NEW	3,277	NEW	$885,805	NEW	1	$286.75	0.47%
GM	General Motors Co Consumer Cyclical	Added	11,189	+6,159	$862,448	+130.1%	2	$78.99	0.45%
DAR	Darling Ingredients Inc. Consumer Defensive	Added	15,735	+6,781	$859,445	+55.2%	2	$53.74	0.45%
IDA	Idacorp Inc Utilities	NEW	5,675	NEW	$858,627	NEW	1	$144.00	0.45%
NWN	Northwest Natural Holding Co Utilities	Added	17,429	+2,894	$855,066	+10.5%	2	$49.82	0.45%
NVS	Novartis AG Healthcare	Added	5,411	+1,314	$848,011	+35.5%	5	$134.97	0.45%
IBKR	Interactive Brokers Group, Inc. Financial Services	NEW	9,662	NEW	$840,980	NEW	1	$83.23	0.44%
XOM	ExxonMobil Holdings Corp Energy	NEW	6,143	NEW	$839,870	NEW	1	$149.67	0.44%
UNP	Union Pacific Corp Industrials	NEW	3,075	NEW	$836,400	NEW	1	$262.58	0.44%
ORCL	Oracle Corp Technology	Added	5,684	+2,972	$832,990	+108.8%	2	$172.32	0.44%
LYV	Live Nation Entertainment, Inc. Communication Services	NEW	4,489	NEW	$821,980	NEW	1	$164.49	0.43%
FTV	Fortive Corp Technology	NEW	13,034	NEW	$796,247	NEW	1	$60.02	0.42%
CLH	Clean Harbors Inc Industrials	NEW	2,587	NEW	$772,866	NEW	1	$295.45	0.41%

Showing the top 50 of 509 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.