UG Investment Advisers Ltd. — 13F Holdings & Portfolio
CIK 1697814 · latest 13F-HR filed 2026-11-06
UG Investment Advisers Ltd. manages $90.2M in 13F-reported U.S. long-equity assets across 9 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are QCOM (44.28%), BABA (15.01%), NVDA (13.25%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 1 new position and exited 2; 1 existing position rose in reported value and 6 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 2026-11-06
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 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
Q2 26 → Q3 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
4 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 = 100%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Sep 23, 2026.
TAIPEI 106
Taiwan, Republic of China
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| CHEN, CHIA Control | CHIEF OPERATING OFFICER since Mar 2017 | Less than 5% | Individual |
| TSAI, JUI, FANG Control | CHIEF INVESTMENT OFFICER since Sep 2000 | Less than 5% | Individual |
| VELVET GROUP LIMITED Control | SHAREHOLDER since Jan 2000 | 75% or more | Foreign Entity |
| WANG, MING, CHING Control | CHIEF EXECUTIVE OFFICER / DIRECTOR since Jul 1998 | Less than 5% | Individual |
| WANG, MING, PEY Control | CHIEF COMPLIANCE OFFICER / DIRECTOR since May 1999 | Less than 5% | Individual |
| YANG, TSUI, FENG Control | EXECUTIVE ADMINISTRATIVE OFFICER / DIRECTOR since Oct 2018 | Less than 5% | Individual |
| WANG, MING, CHING Control Indirect owner via VELVET GROUP LIMITED | SHAREHOLDER since Jun 2001 | 75% or more | Individual |
Ownership & leadership changes · 9 filings with changes since Jun 13, 2013
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 listedHAN, BING · DIRECTOR · Less than 5% · control person · listed since May 2025
- No longer listedHAN, BING · SHAREHOLDER · 75% or more · indirect via VELVET GROUP LIMITED · control person · listed since May 2025
- Listed againWANG, MING, CHING · SHAREHOLDER · 75% or more · indirect via VELVET GROUP LIMITED · control person
- No longer listedWANG, MING, CHING · SHAREHOLDER · 75% or more · indirect via VELVET GROUP LIMITED · control person · listed since Jun 2001
- AddedHAN, BING · DIRECTOR · Less than 5% · control person
- AddedHAN, BING · SHAREHOLDER · 75% or more · indirect via VELVET GROUP LIMITED · control person
- ChangedWANG, MING, CHING · indirect via VELVET GROUP LIMITED: ownership 25–50% → 75% or more
- No longer listedKUO, SU, FEN · SHAREHOLDER · 25–50% · indirect via VELVET GROUP LIMITED · control person · listed since Apr 2002
- No longer listedWANG, MING, PEY · SHAREHOLDER · 25–50% · indirect via VELVET GROUP LIMITED · control person · listed since Apr 2002
- ChangedYANG, TSUI, FENG · title EXECUTIVE OPERATIONS OFFICER / DIRECTOR → EXECUTIVE ADMINISTRATIVE OFFICER / DIRECTOR
- ChangedCHEN, CHIA · title CHIEF OPERATIONS OFFICER → CHIEF OPERATING OFFICER
- AddedYANG, TSUI, FENG · EXECUTIVE OPERATIONS OFFICER / DIRECTOR · Less than 5% · control person
- ChangedWANG, MING, CHING · title CHIEF EXECUTIVE OFFICER/DIRECTOR → CHIEF EXECUTIVE OFFICER / DIRECTOR
- ChangedCHEN, CHIA · title CHIEF FINANCIAL OFFICER → CHIEF OPERATIONS OFFICER
- No longer listedHUANG, CHIEN, CHUNG · CHIEF OPERATIONS OFFICER · Less than 5% · control person · listed since Mar 2012
- AddedCHEN, CHIA · CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ChangedWANG, MING, CHING · ownership 25–50% → Less than 5%
- ChangedWANG, MING, PEY · ownership 25–50% → Less than 5%
- ListedHUANG, CHIEN, CHUNG · CHIEF OPERATIONS OFFICER · Less than 5% · control person
- ListedKUO, SU, FEN · SHAREHOLDER · 25–50% · indirect via VELVET GROUP LIMITED · control person
- ListedTSAI, JUI, FANG · CHIEF INVESTMENT OFFICER · Less than 5% · control person
- ListedVELVET GROUP LIMITED · SHAREHOLDER · 75% or more · control person
- ListedWANG, MING, CHING · CHIEF EXECUTIVE OFFICER/DIRECTOR · 25–50% · control person
- ListedWANG, MING, CHING · SHAREHOLDER · 25–50% · indirect via VELVET GROUP LIMITED · control person
- ListedWANG, MING, PEY · CHIEF COMPLIANCE OFFICER / DIRECTOR · 25–50% · control person
- ListedWANG, MING, PEY · SHAREHOLDER · 25–50% · indirect via VELVET GROUP LIMITED · 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.
Top Trims
- ORACLE CORP-$22.9M -83.6%
- SPACE EXPLORATION TECHN CORP-$11.5M -88.5%
- ALIBABA GROUP HLDG LTD-$6.9M -33.7%
- NVIDIA CORPORATION-$3.1M -20.8%
- ROGERS CORP-$3.1M -35.1%
UG Investment Advisers Ltd. Holdings (2026-09-30)
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 | QUALCOMM INC | QCOM | 747525103 | $39.9M | 44.28% | 217,042 | SH |
| 2 | ALIBABA GROUP HLDG LTD | BABA | 01609W102 | $13.5M | 15.01% | 125,919 | SH |
| 3 | NVIDIA CORPORATION | NVDA | 67066G104 | $12.0M | 13.25% | 52,354 | SH |
| 4 | JD.COM INC | JD | 47215PAJ5 | $8.8M | 9.77% | 9,000,000 | PRN |
| 5 | ROGERS CORP | ROG | 775133101 | $5.7M | 6.31% | 37,187 | SH |
| 6 | ORACLE CORP | ORCL | 68389X105 | $4.5M | 4.98% | 32,735 | SH |
| 7 | PROSHARES TR II | VIXY | 74347Y730 | $3.3M | 3.67% | 195,325 | SH |
| 8 | SPACE EXPLORATION TECHN CORP | SPCX | 84615Q103 | $1.5M | 1.64% | 9,826 | SH |
| 9 | SUPER MICRO COMPUTER INC | SMCI | 86800UAB0 | $988.3K | 1.10% | 1,000,000 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-06 | $90.2M | 9 | 0001697814-26-000013 |
| 2026-06-30 | 2026-07-23 | $103.1M | 10 | 0001697814-26-000008 |
| 2026-03-31 | 2026-04-23 | $148.2M | 15 | 0001697814-26-000005 |
| 2025-12-31 | 2026-01-28 | $434.0M | 11 | 0001697814-26-000002 |
TAIPEI 106