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AI-Squared Management LTD: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1933952) · Explore on the interactive board

AI-Squared Management LTD disclosed 19 US equity positions worth $187.5m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 12, 2026). Its largest position is PDD at 13.3% of the reported book, followed by BIDU, SNDK. The top ten holdings are 74.1% of the book, and the portfolio behaves like about 14 equal-weight positions. Versus the prior filing it opened 8 new positions, added to 7, reduced 4 and exited 8. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$187.5mreported US equity book
19positions
13.3%largest position
74.1%top 10 weight
14.26effective positions (1/HHI)
2quarters on file since Q1 2026

What does AI-Squared Management LTD own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 8 new, 7 added, 4 reduced, 8 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 PDD PDD HOLDINGS INC Consumer Cyclical 13.3%$25.0m327,700 new
2 BIDU BAIDU INC Communication Services 9.5%$17.9m156,308 142% added
3 SNDK SANDISK CORP Technology 9.0%$16.8m7,400 -65% reduced
4 STAA STAAR SURGICAL CO Healthcare 8.3%$15.6m542,420 102% added
5 JD JD.COM INC Consumer Cyclical 6.9%$13.0m509,900 new
6 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 6.8%$12.7m132,236 2220% added
7 QCOM QUALCOMM INC Technology 5.7%$10.7m57,990 new
8 ATAT ATOUR LIFESTYLE HLDGS LTD Consumer Cyclical 5.1%$9.6m301,984 2% added
9 NBIS NEBIUS GROUP N.V. Communication Services 4.9%$9.2m33,362 new
10 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 4.5%$8.5m17,800 33% added
11 VNET VNET GROUP INC Technology 4.4%$8.3m1,026,500 67% added
12 CRWV COREWEAVE INC Technology 3.7%$6.9m69,661 new
13 NVDA NVIDIA CORPORATION Technology 3.6%$6.8m34,200 -14% reduced
14 MU MICRON TECHNOLOGY INC Technology 3.3%$6.1m5,300 -86% reduced
15 CBRS CEREBRAS SYSTEMS INC Technology 3.2%$5.9m26,900 new
16 NOK NOKIA CORP Technology 2.9%$5.5m413,500 new
17 AMD ADVANCED MICRO DEVICES INC Technology 2.4%$4.4m7,600 -86% reduced
18 TCOM TRIP COM GROUP LTD Consumer Cyclical 2.2%$4.1m101,800 7% added
19 CRCL CIRCLE INTERNET GROUP INC Financial Services 0.2%$463.5k7,400 new

What did AI-Squared Management LTD sell? Positions exited since the previous filing

StockPrior weightPrior value
LITE LUMENTUM HLDGS INC46.5%$25.5m
DOCN DIGITALOCEAN HLDGS INC12.7%$7.0m
FUTU FUTU HLDGS LTD8.4%$4.6m
TER TERADYNE INC8.4%$4.6m
GDS GDS HLDGS LTD7.8%$4.3m
RMBS RAMBUS INC DEL7.8%$4.3m
META META PLATFORMS INC4.2%$2.3m
SNPS SYNOPSYS INC4.1%$2.3m

Sector mix

SectorWeight
Technology42.7%
Consumer Cyclical34.3%
Communication Services14.4%
Healthcare8.3%
Financial Services0.2%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202619$187.5m
Q1 202619$137.4m

How concentrated is AI-Squared Management LTD's portfolio?

Across every quarter AI-Squared Management LTD has filed, its median largest position is 16.0% of the book and its median top-ten weight is 75.3%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 8.0 completed holding spells, the median lasted 1.0 quarters; 19.0 positions are still open and their final length is unknown.