Q Fund Management (Hong Kong) Ltd — 13F Holdings & Portfolio
CIK 2078832 · latest 13F-HR filed 2026-04-29
Q Fund Management (Hong Kong) Ltd manages $41.7M in 13F-reported U.S. long-equity assets across 21 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are LITE (30.00%), AXTI (16.98%), TSEM (16.92%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 9 new positions, exited 21, added to 4, and trimmed 6.
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.
$41.7M
Long-equity book
21
Distinct positions
2026-03-31
Filed 2026-04-29
+9 / −21 / ↑4 / ↓6
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- TERAWULF INC$272.6K +98.8%
- OCCIDENTAL PETE CORP$143.3K +58.1%
- PDD HOLDINGS INC$125.2K +44.2%
- UBER TECHNOLOGIES INC$42.6K +17.4%
Top Trims
- INTEL CORP-$6.6M -85.6%
- SANDISK CORP-$791.0K -10.8%
- ALPHABET INC-$627.0K -46.6%
- AMAZON COM INC-$253.4K -54.9%
- NIKE INC-$32.7K -17.1%
New Positions
- LUMENTUM HLDGS INC$12.5M
- AXT INC$7.1M
- TOWER SEMICONDUCTOR LTD$7.1M
- APPLIED OPTOELECTRONICS INC$676.7K
- BLOOM ENERGY CORP$582.6K
Exited Positions
- ALPHABET INC$22.9M
- TESLA INC$14.7M
- COHERENT CORP$11.0M
- ROBINHOOD MKTS INC$9.5M
- MICRON TECHNOLOGY INC$8.9M
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 | LUMENTUM HLDGS INC | LITE | 55024U109 | $12.5M | 30.00% | 17,800 | SH |
| 2 | AXT INC | AXTI | 00246W103 | $7.1M | 16.98% | 124,262 | SH |
| 3 | TOWER SEMICONDUCTOR LTD | TSEM | M87915274 | $7.1M | 16.92% | 40,200 | SH |
| 4 | SANDISK CORP | SNDK | 80004C200 | $6.5M | 15.69% | 10,300 | SH |
| 5 | ISHARES TR | IEF | 464287440 | $2.4M | 5.72% | 25,000 | SH |
| 6 | INTEL CORP | INTC | 458140100 | $1.1M | 2.65% | 25,000 | SH |
| 7 | ALPHABET INC | GOOGL | 02079K305 | $718.9K | 1.72% | 2,500 | SH |
| 8 | APPLIED OPTOELECTRONICS INC | AAOI | 03823U102 | $676.7K | 1.62% | 8,000 | SH |
| 9 | BLOOM ENERGY CORP | BE | 093712107 | $582.6K | 1.40% | 4,300 | SH |
| 10 | TERAWULF INC | WULF | 88080T104 | $548.3K | 1.31% | 38,000 | SH |
| 11 | TEXAS PACIFIC LAND CORPORATI | TPL | 88262P102 | $474.6K | 1.14% | 1,000 | SH |
| 12 | PDD HOLDINGS INC | PDD | 722304102 | $408.7K | 0.98% | 4,000 | SH |
| 13 | OCCIDENTAL PETE CORP | OXY | 674599105 | $390.0K | 0.94% | 6,000 | SH |
| 14 | SOLSTICE ADVANCED MATLS INC | SOLS | 83443Q103 | $380.8K | 0.91% | 5,000 | SH |
| 15 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $287.7K | 0.69% | 4,000 | SH |
| 16 | AMAZON COM INC | AMZN | 023135106 | $208.3K | 0.50% | 1,000 | SH |
| 17 | NIKE INC | NKE | 654106103 | $158.5K | 0.38% | 3,000 | SH |
| 18 | ISHARES TR | TLT | 464287432 | $86.7K | 0.21% | 1,000 | SH |
| 19 | DIAGEO PLC | DEO | 25243Q205 | $37.2K | 0.09% | 500 | SH |
| 20 | MICROSOFT CORP | MSFT | 594918104 | $37.0K | 0.09% | 100 | SH |
| 21 | LULULEMON ATHLETICA INC | LULU | 550021109 | $30.6K | 0.07% | 200 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-29 | $41.7M | 21 | 0002078832-26-000008 |
| 2026-03-31 | 2026-04-24 | $106.5M | 33 | 0002078832-26-000006 |