AI-Squared Management Ltd — 13F Holdings & Portfolio
CIK 1933952 · latest 13F-HR filed 2026-08-12
AI-Squared Management Ltd manages $187.5M 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 PDD (13.33%), BIDU (9.53%), SNDK (8.97%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions, exited 8, added to 6, and trimmed 4.
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.
3 GARDEN ROAD, CENTRAL
HONG KONG, K3 000000
$187.5M
Long-equity book
19
Distinct positions
2026-06-30
Filed 2026-08-12
+8 / −8 / ↑6 / ↓4
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ALIBABA GROUP HLDG LTD$12.0M +1674.8%
- BAIDU INC$10.7M +148.4%
- STAAR SURGICAL CO$10.5M +210.4%
- TAIWAN SEMICONDUCTOR MANUFAC$4.0M +87.6%
- SANDISK CORP$3.4M +25.3%
Top Trims
- ADVANCED MICRO DEVICES INC-$7.0M -61.2%
- MICRON TECHNOLOGY INC-$6.5M -51.6%
- ATOUR LIFESTYLE HLDGS LTD-$1.3M -11.8%
- TRIP COM GROUP LTD-$663.9K -14.1%
New Positions
- PDD HOLDINGS INC$25.0M
- JD.COM INC$13.0M
- QUALCOMM INC$10.7M
- NEBIUS GROUP N.V.$9.2M
- COREWEAVE INC$6.9M
Exited Positions
- LUMENTUM HLDGS INC$25.5M
- DIGITALOCEAN HLDGS INC$7.0M
- FUTU HLDGS LTD$4.6M
- TERADYNE INC$4.6M
- GDS HLDGS LTD$4.3M
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 | PDD HOLDINGS INC | PDD | 722304102 | $25.0M | 13.33% | 327,700 | SH |
| 2 | BAIDU INC | BIDU | 056752108 | $17.9M | 9.53% | 156,308 | SH |
| 3 | SANDISK CORP | SNDK | 80004C200 | $16.8M | 8.97% | 7,400 | SH |
| 4 | STAAR SURGICAL CO | STAA | 852312305 | $15.6M | 8.30% | 542,420 | SH |
| 5 | JD.COM INC | JD | 47215P106 | $13.0M | 6.93% | 509,900 | SH |
| 6 | ALIBABA GROUP HLDG LTD | BABA | 01609W102 | $12.7M | 6.77% | 132,236 | SH |
| 7 | QUALCOMM INC | QCOM | 747525103 | $10.7M | 5.72% | 57,990 | SH |
| 8 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 04965M106 | $9.6M | 5.12% | 301,984 | SH |
| 9 | NEBIUS GROUP N.V. | NBIS | N97284108 | $9.2M | 4.91% | 33,362 | SH |
| 10 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $8.5M | 4.53% | 17,800 | SH |
| 11 | VNET GROUP INC | VNET | 90138A103 | $8.3M | 4.40% | 1,026,500 | SH |
| 12 | COREWEAVE INC | CRWV | 21873S108 | $6.9M | 3.70% | 69,661 | SH |
| 13 | NVIDIA CORPORATION | NVDA | 67066G104 | $6.8M | 3.65% | 34,200 | SH |
| 14 | MICRON TECHNOLOGY INC | MU | 595112103 | $6.1M | 3.26% | 5,300 | SH |
| 15 | CEREBRAS SYSTEMS INC | CBRS | 15675D103 | $5.9M | 3.17% | 26,900 | SH |
| 16 | NOKIA CORP | NOK | 654902204 | $5.5M | 2.93% | 413,500 | SH |
| 17 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $4.4M | 2.35% | 7,600 | SH |
| 18 | TRIP COM GROUP LTD | TCOM | 89677Q107 | $4.1M | 2.16% | 101,800 | SH |
| 19 | CIRCLE INTERNET GROUP INC | CRCL | 172573107 | $463.5K | 0.25% | 7,400 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | $187.5M | 19 | 0001933952-26-000004 |
| 2026-03-31 | 2026-05-12 | $137.4M | 19 | 0001933952-26-000003 |
| 2025-12-31 | 2026-02-12 | $86.1M | 18 | 0001933952-26-000002 |
| 2025-09-30 | 2025-11-13 | $96.0M | 20 | 0001933952-25-000008 |