Hel Ved Capital Management Ltd
Sector Allocation
- Technology55.6%$394.9M
- Industrials13.3%$94.5M
- Financials10.7%$75.9M
- Materials9.0%$64.0M
- Other5.9%$41.6M
- Energy3.9%$28.0M
- Consumer Discretionary1.2%$8.6M
- Healthcare0.3%$2.1M
AUM History
13fpro.ai/research/fund/hel-ved-capital-management-ltd-1840129
Conviction and streaks
Diversifying · top 10 = 48.9%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
SNDK
$47.7MGLW
$44.1M- ISHARES$41.6M
INTC
$38.9MQCOM
$37.8MNBIS
$32.3MTER
$30.2MFIX
$27.7MSTRL
$25.8MNOK
$20.7MMKSI
$19.0MCRWV
$18.5MPURR
$18.0MWULF
$18.0MINIO
$16.2MASML
$14.2MDPC
$14.0MCIFR
$13.2MCORZ
$13.0MHUT
$12.6M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/hel-ved-capital-management-ltd-1840129
Hel Ved Capital Management Ltd 13F holdings — Q2 2026
$1.4B portfolio (+60.7% QoQ) · 72 holdings · Q2 2026 13F · top 10 are 49% of the stock portfolio
Includes $646.0M of put/call options ($488.1M puts, $157.9M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $709.7M. Weights use the stock portfolio.
$47.7M
6.7% of stocks
-69%This quarter-23.5%Since filed3 qtrsHeld$44.1M
6.2% of stocks
+105%This quarter-23.0%Since filed2 qtrsHeld- 3
ISHARES TR - ISHARES SEMICDTR
$41.6M
5.9% of stocks
NewThis quarter—Since filedNew this quarterHeldAIQuality—Est. buy— $38.9M
5.5% of stocks
-60%This quarter-11.7%Since filed2 qtrsHeld$37.8M
5.3% of stocks
NewThis quarter+8.3%Since filedNew this quarterHeld$32.3M
4.5% of stocks
NewThis quarter-44.8%Since filedNew this quarterHeld$30.2M
4.3% of stocks
NewThis quarter-26.2%Since filedNew this quarterHeld$27.7M
3.9% of stocks
+151%This quarter-29.9%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$25.8M
3.6% of stocks
+270%This quarter-37.4%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$20.7M
2.9% of stocks
+225%This quarter-19.7%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row
All holdings — Hel Ved Capital Management Ltd (Q2 2026)
72 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | — PUT | ISHARES TR - ISHARES SEMICDTR | — | $404.5M | — | 631K | New | — | — | 13F |
| 12 | INVESCO QQQ TRUST, SERIES 1 | — | $77.5M | — | 105K | New | — | — | 13F | |
| 13 | QUALCOMM INC/DE | Technology | $57.3M | — | 310K | New | — | — | 13F | |
| 14 | CoreWeave, Inc. | Technology | $54.6M | — | 549K | New | — | — | 13F | |
| 15 | GDS Holdings Ltd | Technology | $24.1M | — | 804K | New | — | — | 13F | |
| 16 | Snowflake Inc. | Technology | $19.1M | — | 75K | New | — | — | 13F | |
| 17 | MKS INC | Technology | $19.0M | 2.7% | 43K | -19% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | CoreWeave, Inc. | Technology | $18.5M | 2.6% | 186K | -11% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Hyperliquid Strategies Inc | Financials | $18.0M | 2.5% | 2.29M | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | TERAWULF INC. | Financials | $18.0M | 2.5% | 728K | +113% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | INNIO N.V. | Technology | $16.2M | 2.3% | 408K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | ASML HOLDING NV | Technology | $14.2M | 2.0% | 7,155 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | DPC Holdings PLC | Materials | $14.0M | 2.0% | 285K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | Cipher Digital Inc. | Financials | $13.2M | 1.9% | 539K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Core Scientific, Inc./tx | Financials | $13.0M | 1.8% | 506K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $HUT | Hut 8 Corp. | Financials | $12.6M | 1.8% | 109K | +30% | |||
| 27 | $LRCX | LAM RESEARCH CORP | Technology | $11.0M | 1.6% | 25K | +2% | |||
| 28 | $MU | MICRON TECHNOLOGY INC | Technology | $10.9M | 1.5% | 9,480 | New | |||
| 29 | $FPS | Forgent Power Solutions, Inc. | Technology | $10.9M | 1.5% | 194K | New | |||
| 30 | $TTMI | TTM TECHNOLOGIES INC | Technology | $9.7M | 1.4% | 52K | +65% | |||
| 31 | $MTZ | MASTEC INC | Energy | $8.8M | 1.3% | 21K | -32% | |||
| 32 | $ROK | ROCKWELL AUTOMATION, INC | Industrials | $7.8M | 1.1% | 16K | New | |||
| 33 | $DE | DEERE & CO | Industrials | $7.8M | 1.1% | 12K | New | |||
| 34 | $AMAT | APPLIED MATERIALS INC /DE | Technology | $7.5M | 1.1% | 10K | New | |||
| 35 | $F | FORD MOTOR CO | Consumer Discretionary | $7.3M | 1.0% | 525K | New | |||
| 36 | $MTSI | MACOM Technology Solutions Holdings, Inc. | Technology | $7.0M | 1.0% | 18K | -65% | |||
| 37 | $SEI | Solaris Energy Infrastructure, Inc. | Energy | $6.3M | 0.9% | 79K | -8% | |||
| 38 | $CAT | CATERPILLAR INC | Industrials | $6.2M | 0.9% | 5,810 | New | |||
| 39 | — PUT | ISHARES TR - RUSSELL 2000 ETF | — | $6.0M | — | 20K | -88% | |||
| 40 | $HWM | Howmet Aerospace Inc. | Materials | $6.0M | 0.8% | 22K | New | |||
| 41 | $VNET | VNET Group, Inc. | Technology | $5.9M | 0.8% | 733K | New | |||
| 42 | $GFS | GLOBALFOUNDRIES Inc. | Technology | $5.8M | 0.8% | 71K | New | |||
| 43 | $BE | Bloom Energy Corp | Technology | $5.8M | 0.8% | 19K | New | |||
| 44 | $GDS | GDS Holdings Ltd | Technology | $5.5M | 0.8% | 183K | +464% | |||
| 45 | $PRIM | Primoris Services Corp | Energy | $5.3M | 0.7% | 53K | +17% | |||
| 46 | $AMTM | Amentum Holdings, Inc. | Industrials | $4.4M | 0.6% | 214K | +20% | |||
| 47 | $CIEN | CIENA CORP | Technology | $4.1M | 0.6% | 8,380 | -87% | |||
| 48 | $COHR | COHERENT CORP. | Technology | $4.0M | 0.6% | 10K | -79% | |||
| 49 | $PSIX | POWER SOLUTIONS INTERNATIONAL, INC. | Industrials | $3.9M | 0.6% | 101K | — | |||
| 50 | $KLAC | KLA CORP | Technology | $3.8M | 0.5% | 13K | New | |||
| 51 | $AEIS | ADVANCED ENERGY INDUSTRIES INC | Technology | $3.8M | 0.5% | 10K | New | |||
| 52 | $VIAV | VIAVI SOLUTIONS INC. | Technology | $3.7M | 0.5% | 78K | New | |||
| 53 | $MCHP | MICROCHIP TECHNOLOGY INC | Technology | $3.7M | 0.5% | 40K | New | |||
| 54 | $DY | DYCOM INDUSTRIES INC | Energy | $3.4M | 0.5% | 6,720 | — | |||
| 55 | $LGN | Legence Corp. | Industrials | $3.3M | 0.5% | 39K | +32% | |||
| 56 | $TSEM | TOWER SEMICONDUCTOR LTD | Technology | $3.1M | 0.4% | 12K | New | |||
| 57 | $POWL | POWELL INDUSTRIES INC | Technology | $3.1M | 0.4% | 11K | New | |||
| 58 | $ECG | Everus Construction Group, Inc. | Industrials | $3.0M | 0.4% | 18K | — | |||
| 59 | $MWH | SOLV Energy, Inc. | Industrials | $3.0M | 0.4% | 87K | New | |||
| 60 | $Q | Qnity Electronics, Inc. | Technology | $2.9M | 0.4% | 17K | -96% | |||
| 61 | $NET | Cloudflare, Inc. | Technology | $2.7M | 0.4% | 11K | -33% | |||
| 62 | $MYRG | MYR GROUP INC. | Energy | $2.5M | 0.3% | 4,935 | -33% | |||
| 63 | $DDOG | Datadog, Inc. | Technology | $2.2M | 0.3% | 8,504 | -37% | |||
| 64 | $SOLS | Solstice Advanced Materials Inc. | Healthcare | $2.1M | 0.3% | 24K | -89% | |||
| 65 | $CTRI | Centuri Holdings, Inc. | Energy | $1.6M | 0.2% | 54K | — | |||
| 66 | $EME | EMCOR Group, Inc. | Industrials | $1.5M | 0.2% | 1,815 | -35% | |||
| 67 | — CALL | ROUNDHILL ETF TRUST - MEMORY ETF | — | $1.5M | — | 20K | New | |||
| 68 | $PDFS | PDF SOLUTIONS INC | Technology | $1.4M | 0.2% | 20K | New | |||
| 69 | $TSLA | Tesla, Inc. | Consumer Discretionary | $1.3M | 0.2% | 3,102 | -81% | |||
| 70 | — CALL | SELECT SECTOR SPDR TR - ST STR INDL ETF | — | $1.3M | — | 7,000 | New | |||
| 71 | $BTDR | Bitdeer Technologies Group | Financials | $1.2M | 0.2% | 77K | New | |||
| 72 | $AMPX | Amprius Technologies, Inc. | Technology | $996K | 0.1% | 72K | — |
What changed in Q2 2026
Against the previous quarter's 13F: 38 new, 12 added to, 17 trimmed, 22 sold out. Share-count changes; largest moves by dollar size first.
New positions (38)
- PUTISHARES TR - ISHARES SEMICDTR$404.5M
first bought this quarter
$QQQPUTINVESCO QQQ TRUST, SERIES 1$77.5M
first bought this quarter
first bought this quarter
first bought this quarter
- ISHARES TR - ISHARES SEMICDTR$41.6M
first bought this quarter
first bought this quarter
+32 more in the Excel export
Added to (12)
now $44.1M · held 2 qtrs, 2 adds in a row
now $25.8M · held 2 qtrs, 2 adds in a row
now $27.7M · held 2 qtrs, 2 adds in a row
now $20.7M · held 2 qtrs, 2 adds in a row
now $18.0M · held 2 qtrs, 2 adds in a row
$GDSGDS Holdings Ltd+464%
now $5.5M · held 2 qtrs, 2 adds in a row
+6 more in the Excel export
Trimmed (17)
now $47.7M · held 3 qtrs
$QQnity Electronics, Inc.-96%
now $2.9M · held 2 qtrs
now $38.9M · held 2 qtrs
- PUTISHARES TR - RUSSELL 2000 ETF-88%
now $6.0M
$CIENCIENA CORP-87%
now $4.1M · held 4 qtrs, 2 trims in a row
$SOLSSolstice Advanced Materials Inc.-89%
now $2.1M · held 3 qtrs, 2 trims in a row
+11 more in the Excel export
Holdings by quarter
Every 13F Hel Ved Capital Management Ltd has filed, 18 earlier quarters. Pick one to see what it held then.
Is it too late to follow Hel Ved Capital Management Ltd?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Hel Ved Capital Management Ltd's top 20 holdings: 65/100 (our AI quality score, weighted by position size; 15 of the 20 are scored)
Top 10 since filing
-22.8%
Value-weighted move of the 10 largest stock positions
Turnover
68%
Last quarter; 208% over the last 4
Top 10 weight
49%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
3%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Hel Ved Capital Management Ltd disclosed 72 positions worth $1.4B in its Form 13F-HR for Q2 2026 — $709.7M in common stock plus $646.0M of put/call option positions (reported at underlying notional value, not premium at risk), led by $SNDK (Sandisk Corp) at 6.7% of the equity portfolio, followed by $GLW. During the quarter the fund opened 38 new positions and exited 22. The portfolio is most concentrated in Technology (55.6% of disclosed assets). All figures are sourced directly from Hel Ved Capital Management Ltd’s Form 13F-HR filing with the SEC under CIK 1840129.
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