Ariose Capital Management Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Ariose Capital Management Ltd disclosed 12 US equity positions worth $91.2m in its Q1 2025 13F filing. The largest position was TCOM at 19.1% of the reported book, followed by GLD and LMT. Against the Q4 2024 filing, it opened 10 new positions, added to 0 and reduced 1 among the top 12 holdings.
What did Ariose Capital Management Ltd own in Q1 2025? Top 12 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 19.1% | $17.5m | 274,600 | – | new |
| 2 | GLD SPDR GOLD TR | 16.4% | $14.9m | 51,800 | – | new | |
| 3 | LMT LOCKHEED MARTIN CORP | Industrials | 13.1% | $11.9m | 26,700 | – | new |
| 4 | GOOGL ALPHABET INC | Communication Services | 12.1% | $11.0m | 71,400 | – | new |
| 5 | NTES NETEASE INC | Communication Services | 11.7% | $10.6m | 103,300 | – | new |
| 6 | DQ DAQO NEW ENERGY CORP | Technology | 10.6% | $9.6m | 531,909 | -65% | reduced |
| 7 | LI LI AUTO INC | Consumer Cyclical | 5.9% | $5.4m | 214,100 | – | new |
| 8 | CHINA YUCHAI INTL LTD | 3.7% | $3.4m | 199,088 | – | new | |
| 9 | EUAD SPINNAKER ETF SERIES | 2.4% | $2.2m | 64,662 | – | new | |
| 10 | PDD PDD HOLDINGS INC | Consumer Cyclical | 2.1% | $1.9m | 16,000 | – | new |
| 11 | SLB SCHLUMBERGER LTD | Energy | 2.1% | $1.9m | 45,000 | 0% | held |
| 12 | TPR TAPESTRY INC | Consumer Cyclical | 1.0% | $880.5k | 12,505 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.