Hel Ved Capital Management Ltd 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Hel Ved Capital Management Ltd disclosed 49 US equity positions worth $289.3m in its Q4 2025 13F filing. The largest position was LITE at 11.6% of the reported book, followed by COHR and CIEN. Against the Q3 2025 filing, it opened 23 new positions, added to 15 and reduced 8 among the top 49 holdings.
What did Hel Ved Capital Management Ltd own in Q4 2025? Top 49 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | LITE LUMENTUM HLDGS INC | Technology | 11.6% | $33.7m | 91,388 | – | new |
| 2 | COHR COHERENT CORP | Technology | 6.4% | $18.5m | 100,110 | 2030% | added |
| 3 | CIEN CIENA CORP | Technology | 5.7% | $16.4m | 70,085 | 134% | added |
| 4 | TSLA TESLA INC | Consumer Cyclical | 4.9% | $14.2m | 31,472 | 1006% | added |
| 5 | PRIM PRIMORIS SVCS CORP | Industrials | 4.1% | $11.9m | 95,775 | 114% | added |
| 6 | SOLS SOLSTICE ADVANCED MATLS INC | Basic Materials | 4.1% | $11.9m | 244,360 | – | new |
| 7 | PONY PONY AI INC | Technology | 3.9% | $11.3m | 778,879 | 48% | added |
| 8 | LGN LEGENCE CORP | Industrials | 3.8% | $11.0m | 255,750 | – | new |
| 9 | SNDK SANDISK CORP | Technology | 3.3% | $9.5m | 39,855 | – | new |
| 10 | AGX ARGAN INC | Industrials | 3.0% | $8.6m | 27,517 | 61% | added |
| 11 | PWR QUANTA SVCS INC | Industrials | 2.9% | $8.4m | 19,966 | – | new |
| 12 | AMAT APPLIED MATLS INC | Technology | 2.9% | $8.3m | 32,245 | – | new |
| 13 | ENTG ENTEGRIS INC | Technology | 2.6% | $7.6m | 89,760 | 95% | added |
| 14 | SHLS SHOALS TECHNOLOGIES GROUP IN | Technology | 2.4% | $6.9m | 807,050 | – | new |
| 15 | BIDU BAIDU INC | Communication Services | 2.2% | $6.5m | 49,530 | – | new |
| 16 | NXT NEXTPOWER INC | Technology | 2.1% | $6.2m | 71,195 | -5% | reduced |
| 17 | PSIX POWER SOLUTIONS INTL INC | 2.1% | $6.2m | 108,126 | 57% | added | |
| 18 | PI IMPINJ INC | Technology | 1.9% | $5.5m | 31,825 | 6% | added |
| 19 | MTZ MASTEC INC | Industrials | 1.8% | $5.3m | 24,225 | – | new |
| 20 | FSLR FIRST SOLAR INC | Technology | 1.7% | $5.0m | 19,087 | -9% | reduced |
| 21 | CAT CATERPILLAR INC | Industrials | 1.7% | $4.9m | 8,495 | – | new |
| 22 | U UNITY SOFTWARE INC | Technology | 1.7% | $4.8m | 109,522 | 1% | added |
| 23 | LRCX LAM RESEARCH CORP | Technology | 1.6% | $4.7m | 27,274 | – | new |
| 24 | PDD PDD HOLDINGS INC | Consumer Cyclical | 1.5% | $4.4m | 38,637 | 1% | added |
| 25 | MU MICRON TECHNOLOGY INC | Technology | 1.5% | $4.2m | 14,714 | – | new |
| 26 | VNET VNET GROUP INC | Technology | 1.3% | $3.8m | 444,000 | -0% | held |
| 27 | MYRG MYR GROUP INC DEL | Industrials | 1.2% | $3.5m | 16,135 | – | new |
| 28 | SHOP SHOPIFY INC | Technology | 1.1% | $3.3m | 20,285 | 70% | added |
| 29 | TER TERADYNE INC | Technology | 1.1% | $3.0m | 15,700 | -16% | reduced |
| 30 | SNPS SYNOPSYS INC | Technology | 1.0% | $3.0m | 6,460 | -43% | reduced |
| 31 | CHRW C H ROBINSON WORLDWIDE INC | Industrials | 1.0% | $3.0m | 18,730 | – | new |
| 32 | EME EMCOR GROUP INC | Industrials | 1.0% | $3.0m | 4,825 | – | new |
| 33 | SNOW SNOWFLAKE INC | Technology | 1.0% | $2.8m | 12,825 | -7% | reduced |
| 34 | RIOT RIOT PLATFORMS INC | Financial Services | 0.9% | $2.7m | 214,020 | – | new |
| 35 | EH EHANG HLDGS LTD | 0.9% | $2.6m | 198,031 | 0% | held | |
| 36 | TTWO TAKE-TWO INTERACTIVE SOFTWAR | Communication Services | 0.9% | $2.5m | 9,700 | 12% | added |
| 37 | TTMI TTM TECHNOLOGIES INC | Technology | 0.8% | $2.4m | 34,500 | – | new |
| 38 | ECG EVERUS CONSTR GROUP | 0.8% | $2.3m | 26,360 | – | new | |
| 39 | FRMI FERMI INC | Real Estate | 0.8% | $2.2m | 272,800 | – | new |
| 40 | ESTC ELASTIC N V | Technology | 0.6% | $1.8m | 23,562 | 49% | added |
| 41 | FLNC FLUENCE ENERGY INC | Utilities | 0.6% | $1.7m | 87,700 | – | new |
| 42 | ALGM ALLEGRO MICROSYSTEMS INC | Technology | 0.6% | $1.7m | 62,850 | – | new |
| 43 | BE BLOOM ENERGY CORP | Industrials | 0.5% | $1.4m | 15,850 | – | new |
| 44 | KEYS KEYSIGHT TECHNOLOGIES INC | Technology | 0.4% | $1.3m | 6,318 | -83% | reduced |
| 45 | FROG JFROG LTD | Technology | 0.4% | $1.3m | 20,400 | 81% | added |
| 46 | SOLANA CO | 0.4% | $1.3m | 435,983 | 0% | held | |
| 47 | DDOG DATADOG INC | Technology | 0.4% | $1.2m | 8,850 | -60% | reduced |
| 48 | MNDY MONDAY COM LTD | Technology | 0.4% | $1.2m | 8,105 | -21% | reduced |
| 49 | SBET SHARPLINK GAMING INC | Financial Services | 0.3% | $966.4k | 108,100 | – | 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.