Q Fund Management (Hong Kong) Ltd

CIK

2078832

Location

HONG KONG, K3

Portfolio Value

Micro $39,231,083

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,776 / 8,232 ▼ 708

Top Industry

Communication Equipment 33.6%

3Y Alpha vs SPY

+36.5%

Period ended 2 months ago

Filed Apr 29, 2026 · 46d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+76.9%

SPY

+23.4%

Annualised alpha

+36.5%

Max drawdown

−38.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

19 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

31.9%

+13.5 pts

Top 5

87.4%

+22.5 pts

Top 10

95.1%

+6.5 pts

HHI

1,968

Moderately concentrated+905

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	90.0%	$35,292,581	8
Energy	2.2%	$864,560	2
Consumer Cyclical	2.1%	$806,070	4
Communication Services	1.8%	$718,900	1
Industrials	1.5%	$582,607	1
Financial Services	1.4%	$548,340	1
Basic Materials	1.0%	$380,800	1
Consumer Defensive	0.1%	$37,225	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
WULF	Terawulf Inc.	+14,000	38,000	$548,340
PDD	PDD Holdings Inc.	+1,500	4,000	$408,720
UBER	Uber Technologies, Inc	+1,000	4,000	$287,720
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	−182,800	25,000	$1,103,250
SNDK	Sandisk Corp	−20,600	10,300	$6,544,002
GOOGL	Alphabet Inc.	−1,800	2,500	$718,900
AMZN	Amazon Com Inc	−1,000	1,000	$208,270
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
LITE	Lumentum Holdings Inc.	17,800	$12,509,128
AXTI	Axt Inc	124,262	$7,080,448
TSEM	Tower Semiconductor Ltd	40,200	$7,054,296
AAOI	Applied Optoelectronics, Inc.	8,000	$676,720
BE	Bloom Energy Corp	4,300	$582,607
TPL	Texas Pacific Land Corp	1,000	$474,560
SOLS	Solstice Advanced Materials Inc.	5,000	$380,800
MSFT	Microsoft Corp	100	$37,017
LULU	lululemon athletica inc.	200	$30,620
No positions match the current search.

Sold Out

Positions the filer fully exited

19 positions

Ticker	Company	Shares	Value
TSLA	Tesla, Inc.	32,700	$14,705,844
COHR	Coherent Corp.	59,781	$11,033,779
HOOD	Robinhood Markets, Inc.	84,365	$9,541,681
MU	Micron Technology Inc	31,100	$8,876,251
AFRM	Affirm Holdings, Inc.	86,200	$6,415,866
IBIT	iShares Bitcoin Trust ETF	52,000	$2,581,800
DQ	Daqo New Energy Corp.	40,360	$1,190,620
UNH	Unitedhealth Group Inc	2,650	$874,791
HODL	VanEck Bitcoin ETF	32,000	$791,360
ETHW	Bitwise Ethereum ETF	35,000	$744,450
ARKB	Ark 21Shares Bitcoin ETF	24,000	$696,960
RDDT	Reddit, Inc.	2,700	$620,649
SNOW	Snowflake Inc.	2,800	$614,208
MDB	MongoDB, Inc.	1,350	$566,581
EQT	EQT Corp	10,000	$536,000
APP	AppLovin Corp	790	$532,317
ETH	Grayscale Ethereum Staking Mini ETF	18,000	$505,080
META	Meta Platforms, Inc.	700	$462,063
IE	Ivanhoe Electric Inc.	25,000	$399,500
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

19 positions · $39,231,083 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LULU	lululemon athletica inc. Consumer Cyclical	NEW	200	NEW	$30,620	NEW	0.08%
MSFT	Microsoft Corp Technology	NEW	100	NEW	$37,017	NEW	0.09%
DEO	Diageo PLC Consumer Defensive	Held	500	0	$37,225	−13.7%	0.09%
NKE	NIKE, Inc. Consumer Cyclical	Held	3,000	0	$158,460	−17.1%	0.40%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	1,000	-1,000	$208,270	−54.9%	0.53%
UBER	Uber Technologies, Inc Technology	Added	4,000	+1,000	$287,720	+17.4%	0.73%
SOLS	Solstice Advanced Materials Inc. Basic Materials	NEW	5,000	NEW	$380,800	NEW	0.97%
OXY	Occidental Petroleum Corp /De/ Energy	Held	6,000	0	$390,000	+58.1%	0.99%
PDD	PDD Holdings Inc. Consumer Cyclical	Added	4,000	+1,500	$408,720	+44.2%	1.04%
TPL	Texas Pacific Land Corp Energy	NEW	1,000	NEW	$474,560	NEW	1.21%
WULF	Terawulf Inc. Financial Services	Added	38,000	+14,000	$548,340	+98.8%	1.40%
BE	Bloom Energy Corp Industrials	NEW	4,300	NEW	$582,607	NEW	1.49%
AAOI	Applied Optoelectronics, Inc. Technology	NEW	8,000	NEW	$676,720	NEW	1.72%
GOOGL	Alphabet Inc. Communication Services	Reduced	2,500	-1,800	$718,900	−46.6%	1.83%
INTC	Intel Corp Technology	Reduced	25,000	-182,800	$1,103,250	−85.6%	2.81%
SNDK	Sandisk Corp Technology	Reduced	10,300	-20,600	$6,544,002	−10.8%	16.68%
TSEM	Tower Semiconductor Ltd Technology	NEW	40,200	NEW	$7,054,296	NEW	17.98%
AXTI	Axt Inc Technology	NEW	124,262	NEW	$7,080,448	NEW	18.05%
LITE	Lumentum Holdings Inc. Technology	NEW	17,800	NEW	$12,509,128	NEW	31.89%