Hel Ved Capital Management Ltd 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Hel Ved Capital Management Ltd disclosed 58 US equity positions worth $222.3m in its Q2 2025 13F filing. The largest position was LITE at 10.9% of the reported book, followed by QQQ and EDU. Against the Q1 2025 filing, it opened 24 new positions, added to 10 and reduced 14 among the top 50 holdings.
What did Hel Ved Capital Management Ltd own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | LITE LUMENTUM HLDGS INC | Technology | 10.9% | $24.3m | 255,390 | 167% | added |
| 2 | QQQ INVESCO QQQ TR | 6.2% | $13.8m | 25,000 | – | new | |
| 3 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 6.1% | $13.6m | 252,500 | 6% | added |
| 4 | AMD ADVANCED MICRO DEVICES INC | Technology | 6.1% | $13.5m | 95,140 | – | new |
| 5 | LX LEXINFINTECH HLDGS LTD | Financial Services | 4.6% | $10.3m | 1,426,350 | 8% | added |
| 6 | TTMI TTM TECHNOLOGIES INC | Technology | 3.6% | $8.0m | 195,050 | – | new |
| 7 | AMBA AMBARELLA INC | Technology | 3.1% | $6.9m | 103,870 | -15% | reduced |
| 8 | PONY PONY AI INC | Technology | 2.9% | $6.5m | 495,979 | -31% | reduced |
| 9 | NVDA NVIDIA CORPORATION | Technology | 2.7% | $6.0m | 37,759 | – | new |
| 10 | PDD PDD HOLDINGS INC | Consumer Cyclical | 2.7% | $5.9m | 56,537 | – | new |
| 11 | MTSI MACOM TECH SOLUTIONS HLDGS I | Technology | 2.5% | $5.5m | 38,400 | – | new |
| 12 | V VISA INC | Financial Services | 2.4% | $5.3m | 14,815 | – | new |
| 13 | META META PLATFORMS INC | Communication Services | 2.3% | $5.0m | 6,840 | – | new |
| 14 | MSTR MICROSTRATEGY INC | Technology | 2.2% | $4.9m | 12,075 | 588% | added |
| 15 | RDDT REDDIT INC | Communication Services | 2.1% | $4.7m | 31,500 | – | new |
| 16 | XYZ BLOCK INC | Technology | 2.0% | $4.5m | 66,225 | -10% | reduced |
| 17 | XYF X FINL | 2.0% | $4.4m | 254,863 | – | new | |
| 18 | QFIN QIFU TECHNOLOGY INC | Financial Services | 2.0% | $4.4m | 102,550 | -5% | reduced |
| 19 | EH EHANG HLDGS LTD | 1.9% | $4.3m | 245,431 | 302% | added | |
| 20 | DDOG DATADOG INC | Technology | 1.9% | $4.2m | 31,230 | 97% | added |
| 21 | ORCL ORACLE CORP | Technology | 1.9% | $4.2m | 19,050 | – | new |
| 22 | KEYS KEYSIGHT TECHNOLOGIES INC | Technology | 1.7% | $3.7m | 22,800 | -64% | reduced |
| 23 | FLEX FLEX LTD | Technology | 1.6% | $3.6m | 73,030 | – | new |
| 24 | FINV FINVOLUTION GROUP | 1.5% | $3.4m | 359,738 | 41% | added | |
| 25 | RBLX ROBLOX CORP | Communication Services | 1.4% | $3.2m | 30,570 | -10% | reduced |
| 26 | LU LUFAX HOLDING LTD | Financial Services | 1.4% | $3.1m | 1,115,000 | 0% | held |
| 27 | MPWR MONOLITHIC PWR SYS INC | Technology | 1.3% | $2.9m | 4,000 | – | new |
| 28 | LRCX LAM RESEARCH CORP | Technology | 1.2% | $2.8m | 28,450 | -79% | reduced |
| 29 | ATAT ATOUR LIFESTYLE HLDGS LTD | Consumer Cyclical | 1.2% | $2.7m | 83,800 | – | new |
| 30 | SNPS SYNOPSYS INC | Technology | 1.2% | $2.6m | 5,000 | – | new |
| 31 | 8QR CONFLUENT INC | 1.1% | $2.4m | 96,122 | 2% | added | |
| 32 | AMZN AMAZON COM INC | Consumer Cyclical | 1.1% | $2.3m | 10,662 | – | new |
| 33 | MNDY MONDAY COM LTD | Technology | 0.9% | $2.1m | 6,680 | -45% | reduced |
| 34 | TTWO TAKE-TWO INTERACTIVE SOFTWAR | Communication Services | 0.9% | $2.1m | 8,650 | – | new |
| 35 | NTES NETEASE INC | Communication Services | 0.8% | $1.7m | 12,900 | – | new |
| 36 | WIX WIX COM LTD | Technology | 0.7% | $1.6m | 10,350 | -32% | reduced |
| 37 | SNOW SNOWFLAKE INC | Technology | 0.7% | $1.6m | 7,180 | -38% | reduced |
| 38 | GTM ZOOMINFO TECHNOLOGIES INC | Technology | 0.7% | $1.5m | 149,900 | -55% | reduced |
| 39 | FSLR FIRST SOLAR INC | Technology | 0.7% | $1.5m | 9,100 | – | new |
| 40 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 0.6% | $1.4m | 24,500 | -78% | reduced |
| 41 | U UNITY SOFTWARE INC | Technology | 0.6% | $1.3m | 52,600 | 202% | added |
| 42 | HIMX HIMAX TECHNOLOGIES INC | Technology | 0.6% | $1.3m | 140,900 | – | new |
| 43 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 0.6% | $1.2m | 4,000 | 0% | held |
| 44 | FOUR SHIFT4 PMTS INC | Technology | 0.5% | $1.2m | 11,860 | -66% | reduced |
| 45 | MSFT MICROSOFT CORP | Technology | 0.5% | $1.1m | 2,300 | – | new |
| 46 | CYBERARK SOFTWARE LTD | 0.5% | $1.1m | 2,700 | – | new | |
| 47 | VRNS VARONIS SYS INC | Technology | 0.5% | $1.1m | 21,500 | – | new |
| 48 | APP APPLOVIN CORP | Communication Services | 0.5% | $1.1m | 3,000 | 55% | added |
| 49 | TWLO TWILIO INC | Technology | 0.5% | $1.0m | 8,350 | – | new |
| 50 | TSLA TESLA INC | Consumer Cyclical | 0.4% | $999.7k | 3,147 | -25% | 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.