Hel Ved Capital Management Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Hel Ved Capital Management Ltd disclosed 61 US equity positions worth $198.3m in its Q1 2025 13F filing. The largest position was TSM at 13.2% of the reported book, followed by LX and MU. Against the Q4 2024 filing, it opened 14 new positions, added to 9 and reduced 26 among the top 50 holdings.
What did Hel Ved Capital Management Ltd own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 13.2% | $26.2m | 157,840 | – | new |
| 2 | LX LEXINFINTECH HLDGS LTD | Financial Services | 6.7% | $13.3m | 1,318,400 | 17% | added |
| 3 | MU MICRON TECHNOLOGY INC | Technology | 6.6% | $13.1m | 150,700 | – | new |
| 4 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 5.7% | $11.3m | 237,200 | 14% | added |
| 5 | LRCX LAM RESEARCH CORP | Technology | 4.9% | $9.7m | 133,700 | – | new |
| 6 | KEYS KEYSIGHT TECHNOLOGIES INC | Technology | 4.7% | $9.4m | 62,830 | -46% | reduced |
| 7 | ASX ASE TECHNOLOGY HLDG CO LTD | Technology | 4.0% | $7.8m | 894,450 | 37% | added |
| 8 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 3.5% | $6.9m | 109,100 | 520% | added |
| 9 | PONY PONY AI INC | Technology | 3.2% | $6.3m | 715,913 | -29% | reduced |
| 10 | AMBA AMBARELLA INC | Technology | 3.1% | $6.2m | 122,330 | – | new |
| 11 | LITE LUMENTUM HLDGS INC | Technology | 3.0% | $6.0m | 95,690 | -58% | reduced |
| 12 | QFIN QIFU TECHNOLOGY INC | Financial Services | 2.4% | $4.9m | 108,000 | – | new |
| 13 | XYZ BLOCK INC | Technology | 2.0% | $4.0m | 73,950 | -5% | reduced |
| 14 | SNDK SANDISK CORP | Technology | 1.8% | $3.6m | 76,300 | – | new |
| 15 | VNET VNET GROUP INC | Technology | 1.7% | $3.4m | 413,500 | – | new |
| 16 | GTM ZOOMINFO TECHNOLOGIES INC | Technology | 1.7% | $3.3m | 331,250 | -42% | reduced |
| 17 | LU LUFAX HOLDING LTD | Financial Services | 1.7% | $3.3m | 1,115,000 | – | new |
| 18 | RIOT RIOT PLATFORMS INC | Financial Services | 1.7% | $3.3m | 460,150 | 7% | added |
| 19 | MNDY MONDAY COM LTD | Technology | 1.5% | $2.9m | 12,120 | -60% | reduced |
| 20 | FOUR SHIFT4 PMTS INC | Technology | 1.5% | $2.9m | 35,260 | 216% | added |
| 21 | SEI SOLARIS ENERGY INFRAS INC | Energy | 1.4% | $2.7m | 125,400 | – | new |
| 22 | WIX WIX COM LTD | Technology | 1.2% | $2.5m | 15,150 | -57% | reduced |
| 23 | FINV FINVOLUTION GROUP | 1.2% | $2.5m | 254,594 | – | new | |
| 24 | ADBE ADOBE INC | Technology | 1.2% | $2.4m | 6,318 | – | new |
| 25 | BTDR BITDEER TECHNOLOGIES GROUP | Technology | 1.2% | $2.3m | 261,680 | -0% | held |
| 26 | 8QR CONFLUENT INC | 1.1% | $2.2m | 93,922 | -22% | reduced | |
| 27 | CIFR CIPHER MINING INC | Technology | 1.1% | $2.2m | 952,135 | 3% | added |
| 28 | RBLX ROBLOX CORP | Communication Services | 1.0% | $2.0m | 33,800 | – | new |
| 29 | BE BLOOM ENERGY CORP | Industrials | 1.0% | $1.9m | 98,400 | -54% | reduced |
| 30 | ESTC ELASTIC N V | Technology | 0.9% | $1.8m | 20,160 | -46% | reduced |
| 31 | SNOW SNOWFLAKE INC | Technology | 0.9% | $1.7m | 11,580 | 45% | added |
| 32 | DDOG DATADOG INC | Technology | 0.8% | $1.6m | 15,820 | -38% | reduced |
| 33 | FISV FISERV INC | 0.8% | $1.5m | 6,950 | -41% | reduced | |
| 34 | HUT HUT 8 CORP | Financial Services | 0.7% | $1.4m | 124,360 | -36% | reduced |
| 35 | COIN COINBASE GLOBAL INC | Financial Services | 0.7% | $1.3m | 7,822 | -61% | reduced |
| 36 | ZM ZOOM COMMUNICATIONS INC | Technology | 0.7% | $1.3m | 17,665 | -43% | reduced |
| 37 | CLS CELESTICA INC | Technology | 0.6% | $1.3m | 16,300 | -41% | reduced |
| 38 | EH EHANG HLDGS LTD | 0.6% | $1.3m | 61,000 | – | new | |
| 39 | BL BLACKLINE INC | Technology | 0.6% | $1.2m | 23,830 | -47% | reduced |
| 40 | TSLA TESLA INC | Consumer Cyclical | 0.5% | $1.1m | 4,204 | -59% | reduced |
| 41 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 0.5% | $1.0m | 4,000 | – | new |
| 42 | PCOR PROCORE TECHNOLOGIES INC | Technology | 0.5% | $1.0m | 15,380 | -32% | reduced |
| 43 | CLSK CLEANSPARK INC | Financial Services | 0.5% | $979.1k | 145,700 | -66% | reduced |
| 44 | WULF TERAWULF INC | Financial Services | 0.5% | $972.7k | 356,300 | -11% | reduced |
| 45 | OKTA OKTA INC | Technology | 0.5% | $930.1k | 8,840 | 32% | added |
| 46 | CRM SALESFORCE INC | Technology | 0.5% | $926.4k | 3,452 | -57% | reduced |
| 47 | GDDY GODADDY INC | Technology | 0.5% | $896.2k | 4,975 | -53% | reduced |
| 48 | S SENTINELONE INC | Technology | 0.4% | $849.0k | 46,700 | -41% | reduced |
| 49 | MDB MONGODB INC | Technology | 0.4% | $784.9k | 4,475 | -49% | reduced |
| 50 | DOCU DOCUSIGN INC | Technology | 0.4% | $720.4k | 8,850 | -65% | reduced |
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.