FengHe Fund Management Pte. Ltd. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
FengHe Fund Management Pte. Ltd. disclosed 38 US equity positions worth $1.8bn in its Q4 2025 13F filing. The largest position was GOOGL at 9.2% of the reported book, followed by CIEN and ON HLDG AG. Against the Q3 2025 filing, it opened 16 new positions, added to 8 and reduced 13 among the top 38 holdings.
What did FengHe Fund Management Pte. Ltd. own in Q4 2025? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL ALPHABET INC | Communication Services | 9.2% | $162.8m | 520,100 | 1520% | added |
| 2 | CIEN CIENA CORP | Technology | 8.7% | $154.6m | 660,988 | 164% | added |
| 3 | ON HLDG AG | 8.0% | $142.4m | 3,064,211 | – | new | |
| 4 | SNDK SANDISK CORP | Technology | 5.8% | $102.5m | 431,700 | 345% | added |
| 5 | AVGO BROADCOM INC | Technology | 5.6% | $99.9m | 288,680 | – | new |
| 6 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 5.4% | $95.7m | 314,940 | -11% | reduced |
| 7 | MTSI MACOM TECH SOLUTIONS HLDGS I | Technology | 5.1% | $90.7m | 529,326 | – | new |
| 8 | ALNY ALNYLAM PHARMACEUTICALS INC | Healthcare | 4.9% | $87.0m | 218,700 | – | new |
| 9 | LHX L3HARRIS TECHNOLOGIES INC | Industrials | 4.5% | $79.4m | 270,500 | – | new |
| 10 | U UNITY SOFTWARE INC | Technology | 4.3% | $76.5m | 1,732,002 | 287% | added |
| 11 | LITE LUMENTUM HLDGS INC | Technology | 4.0% | $70.8m | 192,200 | -56% | reduced |
| 12 | APP APPLOVIN CORP | Communication Services | 3.6% | $63.3m | 94,010 | 1608% | added |
| 13 | LLY ELI LILLY & CO | Healthcare | 3.1% | $55.1m | 51,300 | – | new |
| 14 | GLW CORNING INC | Technology | 2.9% | $51.2m | 584,500 | 44% | added |
| 15 | SITM SITIME CORP | Technology | 2.6% | $45.3m | 128,389 | – | new |
| 16 | MRK MERCK & CO INC | Healthcare | 2.5% | $44.3m | 420,400 | – | new |
| 17 | VRT VERTIV HOLDINGS CO | Industrials | 2.2% | $38.8m | 239,800 | – | new |
| 18 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 2.1% | $36.6m | 116,200 | – | new |
| 19 | WRD WERIDE INC | Technology | 2.0% | $36.2m | 4,175,181 | 198% | added |
| 20 | BA BOEING CO | Industrials | 2.0% | $35.6m | 163,900 | 0% | held |
| 21 | KTOS KRATOS DEFENSE & SEC SOLUTIO | Industrials | 2.0% | $35.3m | 464,900 | – | new |
| 22 | APH AMPHENOL CORP NEW | Technology | 1.5% | $25.8m | 190,700 | -38% | reduced |
| 23 | CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 1.3% | $23.3m | 162,269 | 6% | added |
| 24 | ALAB ASTERA LABS INC | Technology | 1.1% | $20.1m | 120,980 | -63% | reduced |
| 25 | ARWR ARROWHEAD PHARMACEUTICALS IN | Healthcare | 1.0% | $17.7m | 266,700 | – | new |
| 26 | ADI ANALOG DEVICES INC | Technology | 0.9% | $15.8m | 58,200 | -71% | reduced |
| 27 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.9% | $15.6m | 72,800 | -87% | reduced |
| 28 | ASML ASML HOLDING N V | Technology | 0.6% | $10.2m | 9,500 | – | new |
| 29 | TAL TAL EDUCATION GROUP | Consumer Defensive | 0.5% | $8.7m | 799,195 | -9% | reduced |
| 30 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.4% | $6.4m | 43,800 | -67% | reduced |
| 31 | DQ DAQO NEW ENERGY CORP | Technology | 0.3% | $6.0m | 202,371 | -57% | reduced |
| 32 | COHR COHERENT CORP | Technology | 0.3% | $5.3m | 28,800 | -93% | reduced |
| 33 | NVDA NVIDIA CORPORATION | Technology | 0.3% | $5.1m | 27,100 | -88% | reduced |
| 34 | MRVL MARVELL TECHNOLOGY INC | Technology | 0.2% | $3.3m | 39,100 | -92% | reduced |
| 35 | COIN COINBASE GLOBAL INC | Financial Services | 0.2% | $2.9m | 12,800 | -82% | reduced |
| 36 | MSTR STRATEGY INC | Technology | 0.2% | $2.7m | 17,900 | – | new |
| 37 | NTES NETEASE INC | Communication Services | 0.1% | $1.7m | 12,400 | – | new |
| 38 | SE SEA LTD | Consumer Cyclical | 0.1% | $1.5m | 11,500 | – | 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.