VMS Asset Management Limited

CIK

2107719

Location

HONG KONG, K3

Portfolio Value

Small $213,447,919

Diversification

Diversified

Filing Date

Global Rank

#4,910 / 8,811 ▲ 1485 · as of Jun 2026

Top Industry

Semiconductors 43.2%

Period ended 21 days ago

Filed Oct 15, 2026 · 6d

4 quarters · since Dec 2025

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, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 55.0%, 22.9 effective positions, active share 82.0% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 1.5 quarters (under 4)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 82.0%; sector active share 41.6% against the combined 13F book's sector weights.

Over time 3 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

32 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

14.6%

+6.1 pts

Top 5

39.1%

+4.9 pts

Top 10

57.7%

+2.7 pts

HHI

576

Diversified+139

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	54.9%	$117,214,966	18
Unclassified	34.4%	$73,382,577	8
Financial Services	4.3%	$9,255,033	2
Healthcare	2.5%	$5,390,274	1
Industrials	1.8%	$3,883,259	1
Consumer Cyclical	1.4%	$2,927,164	1
Energy	0.7%	$1,394,646	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
SOXX	iShares Semiconductor ETF	+28,331	36,221	$0
TER	Teradyne, Inc	+9,565	19,516	$7,824,159
DDOG	Datadog, Inc.	+3,883	31,803	$8,709,251
COHR	Coherent Corp.	+3,699	19,728	$5,677,915
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
EWY	iShares Trust	−16,808	60,070	$0
BE	Bloom Energy Corp	−12,990	14,020	$3,883,259
IBKR	Interactive Brokers Group, Inc.	−12,335	63,040	$5,384,876
STX	Seagate Technology Holdings plc	−11,620	6,251	$5,765,547
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−11,505	20,600	$9,397,514
MU	Micron Technology Inc	−10,852	5,194	$5,532,181
MRVL	Marvell Technology, Inc.	−9,843	28,672	$7,575,429
PANW	Palo Alto Networks Inc	−9,420	14,630	$5,812,645
SNDK	Sandisk Corp	−8,271	3,579	$6,227,066
NVDA	Nvidia Corp	−8,089	31,440	$7,180,267
AMD	Advanced Micro Devices Inc	−1,751	9,506	$5,815,390
DELL	Dell Technologies Inc.	−1,296	7,790	$4,190,630
ARM	Arm Holdings PLC /Uk	−495	19,705	$5,707,750
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	130,792	$25,602,534
QQQ	Invesco Qqq Trust, Series 1	32,585	$24,105,405
SCHD	Schwab U.S. Dividend Equity ETF	301,970	$9,823,084
LITE	Lumentum Holdings Inc.	9,137	$8,874,402
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	134,020	$8,192,642
INTC	Intel Corp	60,936	$7,326,335
SKHY	SK hynix Inc.	37,327	$6,873,767
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	33,600	$5,658,912
MRK	Merck & Co., Inc.	37,095	$5,390,274
ASX	ASE Technology Holding Co., Ltd.	114,667	$5,098,094
C	Citigroup Inc	29,890	$3,870,157
UCTT	Ultra Clean Holdings, Inc.	44,740	$3,626,624
MAR	Marriott International Inc /Md/	8,230	$2,927,164
MPC	Marathon Petroleum Corp	3,527	$1,394,646
RSP	Victory Portfolios II	89,090	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
WDC	Western Digital Corp	30,013	$19,169,903
ULTA	Ulta Beauty, Inc.	38,965	$17,572,435
VRT	Vertiv Holdings Co	34,779	$11,644,704
SITM	SITIME Corp	14,375	$10,717,425
GS	Goldman Sachs Group Inc	9,890	$10,002,449
GLW	Corning Inc /Ny	37,762	$9,645,547
TTMI	Ttm Technologies Inc	47,730	$8,926,464
SMH	VanEck Semiconductor ETF	13,133	$8,613,803
STM	STMicroelectronics N.V.	108,672	$8,138,446
CRDO	Credo Technology Group Holding Ltd	28,185	$7,664,910
CRWD	CrowdStrike Holdings, Inc.	9,720	$7,417,720
IGM	iShares Expanded Tech Sector ETF	41,725	$6,825,375
Q	Qnity Electronics, Inc.	33,790	$5,518,244
AMKR	Amkor Technology, Inc.	53,049	$4,574,415
FIX	Comfort Systems USA Inc	2,306	$4,570,376
AGX	Argan Inc	2,632	$2,101,783
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

32 tracked positions · $213,447,919 total · filing declares 32 positions · $263,556,735 · as of Sep 30, 2026

All sectors Consumer Cyclical Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	NEW	130,792	NEW	$25,602,534	NEW	11.99%
QQQ	Invesco Qqq Trust, Series 1	NEW	32,585	NEW	$24,105,405	NEW	11.29%
SCHD	Schwab U.S. Dividend Equity ETF	NEW	301,970	NEW	$9,823,084	NEW	4.60%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	20,600	-11,505	$9,397,514	−38.7%	4.40%
LITE	Lumentum Holdings Inc. Technology	NEW	9,137	NEW	$8,874,402	NEW	4.16%
DDOG	Datadog, Inc. Technology	Added	31,803	+3,883	$8,709,251	+19.8%	4.08%
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	NEW	134,020	NEW	$8,192,642	NEW	3.84%
TER	Teradyne, Inc Technology	Added	19,516	+9,565	$7,824,159	+62.5%	3.67%
MRVL	Marvell Technology, Inc. Technology	Reduced	28,672	-9,843	$7,575,429	−34.0%	3.55%
INTC	Intel Corp Technology	NEW	60,936	NEW	$7,326,335	NEW	3.43%
NVDA	Nvidia Corp Technology	Reduced	31,440	-8,089	$7,180,267	−9.2%	3.36%
SKHY	SK hynix Inc. Technology	NEW	37,327	NEW	$6,873,767	NEW	3.22%
SNDK	Sandisk Corp Technology	Reduced	3,579	-8,271	$6,227,066	−76.9%	2.92%
AMD	Advanced Micro Devices Inc Technology	Reduced	9,506	-1,751	$5,815,390	−11.1%	2.72%
PANW	Palo Alto Networks Inc Technology	Reduced	14,630	-9,420	$5,812,645	−29.1%	2.72%
STX	Seagate Technology Holdings plc Technology	Reduced	6,251	-11,620	$5,765,547	−66.6%	2.70%
ARM	Arm Holdings PLC /Uk Technology	Reduced	19,705	-495	$5,707,750	−20.3%	2.67%
COHR	Coherent Corp. Technology	Added	19,728	+3,699	$5,677,915	−10.2%	2.66%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	NEW	33,600	NEW	$5,658,912	NEW	2.65%
MU	Micron Technology Inc Technology	Reduced	5,194	-10,852	$5,532,181	−70.1%	2.59%
MRK	Merck & Co., Inc. Healthcare	NEW	37,095	NEW	$5,390,274	NEW	2.53%
IBKR	Interactive Brokers Group, Inc. Financial Services	Reduced	63,040	-12,335	$5,384,876	−17.9%	2.52%
ASX	ASE Technology Holding Co., Ltd. Technology	NEW	114,667	NEW	$5,098,094	NEW	2.39%
DELL	Dell Technologies Inc. Technology	Reduced	7,790	-1,296	$4,190,630	+6.9%	1.96%
BE	Bloom Energy Corp Industrials	Reduced	14,020	-12,990	$3,883,259	−52.5%	1.82%
C	Citigroup Inc Financial Services	NEW	29,890	NEW	$3,870,157	NEW	1.81%
UCTT	Ultra Clean Holdings, Inc. Technology	NEW	44,740	NEW	$3,626,624	NEW	1.70%
MAR	Marriott International Inc /Md/ Consumer Cyclical	NEW	8,230	NEW	$2,927,164	NEW	1.37%
MPC	Marathon Petroleum Corp Energy	NEW	3,527	NEW	$1,394,646	NEW	0.65%
RSP	Victory Portfolios II	NEW	89,090	NEW	$0	NEW	0.00%
EWY	iShares Trust	Reduced	60,070	-16,808	$0	−100.0%	0.00%
SOXX	iShares Semiconductor ETF	Added	36,221	+28,331	$0	−100.0%	0.00%

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.