Ariose Capital Management Ltd — 13F Holdings & Portfolio
CIK 1665925 · latest 13F-HR filed 2026-07-27
Ariose Capital Management Ltd manages $234.1M in 13F-reported U.S. long-equity assets across 19 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SNDK (22.14%), STX (11.38%), AMD (9.93%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 15 new positions and exited 11; 1 existing position rose in reported value and 2 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-07-27
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 83.2%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 30, 2026.
3 GARDEN ROAD, CENTRAL
HONG KONG
Hong Kong
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| ARIOSE CAPITAL MANAGEMENT Control | 100% SHAREHOLDER since Aug 2016 | 75% or more | Foreign Entity |
| Blake, Anthony, Peter Control | CHIEF OPERATING OFFICER since Dec 2016 | Less than 5% | Individual |
| XIN, Yi Control | DIRECTOR since Jan 2012 | 75% or more | Individual |
| XIN, Yi Control Indirect owner via ARIOSE CAPITAL MANAGEMENT | DIRECTOR AND 100% SHAREHOLDER OF ARIOSE CAPITAL MANAGEMENT since Dec 2010 | 75% or more | Individual |
Ownership & leadership changes · 1 filing with changes since Apr 20, 2016
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedKWOK, Yik Ki · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jul 2014
- AddedARIOSE CAPITAL MANAGEMENT · 100% SHAREHOLDER · 75% or more · control person
- AddedBlake, Anthony, Peter · CHIEF OPERATING OFFICER · Less than 5% · control person
- AddedXIN, Yi · DIRECTOR AND 100% SHAREHOLDER OF ARIOSE CAPITAL MANAGEMENT · 75% or more · indirect via ARIOSE CAPITAL MANAGEMENT · control person
- ChangedXIN, Yi · title DIRECTOR AND 100% SHAREHOLDER OF ARIOSE CAPITAL MANAGEMENT LIMITED → DIRECTOR
- ListedKWOK, Yik Ki · CHIEF OPERATING OFFICER · Less than 5% · control person
- ListedXIN, Yi · DIRECTOR AND 100% SHAREHOLDER OF ARIOSE CAPITAL MANAGEMENT LIMITED · 75% or more · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
New Positions
- SANDISK CORP$51.8M
- ADVANCED MICRO DEVICES INC$23.2M
- MARVELL TECHNOLOGY INC$22.2M
- ISHARES TR$16.7M
- BWX TECHNOLOGIES INC$13.9M
Exited Positions
- AXT INC$39.1M
- CORNING INC$17.2M
- VICOR CORP$11.7M
- APPLIED OPTOELECTRONICS INC$8.8M
- NOKIA CORP$4.8M
Ariose Capital Management Ltd Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SANDISK CORP | SNDK | 80004C200 | $51.8M | 22.14% | 22,800 | SH |
| 2 | SEAGATE TECHNOLOGY HLDNGS PL | STX | G7997R103 | $26.6M | 11.38% | 27,616 | SH |
| 3 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $23.2M | 9.93% | 40,007 | SH |
| 4 | MARVELL TECHNOLOGY INC | MRVL | 573874104 | $22.2M | 9.47% | 74,400 | SH |
| 5 | ISHARES TR | SOXX | 464287523 | $16.7M | 7.15% | 26,127 | SH |
| 6 | BWX TECHNOLOGIES INC | BWXT | 05605H100 | $13.9M | 5.95% | 71,580 | SH |
| 7 | DAQO NEW ENERGY CORP | DQ | 23703Q203 | $12.8M | 5.46% | 953,974 | SH |
| 8 | APPLIED MATLS INC | AMAT | 038222105 | $10.3M | 4.38% | 14,200 | SH |
| 9 | BAIDU INC | BIDU | 056752108 | $9.6M | 4.10% | 83,900 | SH |
| 10 | STMICROELECTRONICS N V | STM | 861012102 | $7.6M | 3.23% | 100,835 | SH |
| 11 | VEECO INSTRS INC DEL | VECO | 922417100 | $7.3M | 3.10% | 95,647 | SH |
| 12 | POWER INTEGRATIONS INC | POWI | 739276103 | $5.6M | 2.38% | 66,578 | SH |
| 13 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $5.4M | 2.33% | 11,400 | SH |
| 14 | NAVITAS SEMICONDUCTOR CORP | NVTS | 63942X106 | $5.0M | 2.15% | 280,582 | SH |
| 15 | VIAVI SOLUTIONS INC | VIAV | 925550105 | $5.0M | 2.15% | 105,187 | SH |
| 16 | SEMTECH CORP | SMTC | 816850101 | $4.7M | 2.00% | 28,991 | SH |
| 17 | SIGMA LITHIUM CORPORATION | SGML | 826599102 | $3.9M | 1.68% | 310,076 | SH |
| 18 | JOYY INC | JOYY | 46591M109 | $1.4M | 0.60% | 21,338 | SH |
| 19 | INTEL CORP | INTC | 458140100 | $1.1M | 0.45% | 7,542 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-27 | $234.1M | 19 | 0001665925-26-000007 |
| 2026-03-31 | 2026-04-28 | $148.9M | 15 | 0001665925-26-000006 |
| 2025-12-31 | 2026-01-29 | $298.5M | 14 | 0001665925-26-000001 |
3 GARDEN ROAD
CENTRAL, HONG KONG 00000