Q Fund Management (Hong Kong) Ltd 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Q Fund Management (Hong Kong) Ltd disclosed 33 US equity positions worth $106.5m in its Q4 2025 13F filing. The largest position was GOOG at 21.5% of the reported book, followed by TSLA and COHR. Against the Q3 2025 filing, it opened 19 new positions, added to 2 and reduced 5 among the top 33 holdings.
What did Q Fund Management (Hong Kong) Ltd own in Q4 2025? Top 33 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GOOG ALPHABET INC | Communication Services | 21.5% | $22.9m | 72,900 | – | new |
| 2 | TSLA TESLA INC | Consumer Cyclical | 13.8% | $14.7m | 32,700 | -31% | reduced |
| 3 | COHR COHERENT CORP | Technology | 10.4% | $11.0m | 59,781 | – | new |
| 4 | HOOD ROBINHOOD MKTS INC | Financial Services | 9.0% | $9.5m | 84,365 | -38% | reduced |
| 5 | MU MICRON TECHNOLOGY INC | Technology | 8.3% | $8.9m | 31,100 | – | new |
| 6 | INTC INTEL CORP | Technology | 7.2% | $7.7m | 207,800 | – | new |
| 7 | SNDK SANDISK CORP | Technology | 6.9% | $7.3m | 30,900 | – | new |
| 8 | AFRM AFFIRM HLDGS INC | Financial Services | 6.0% | $6.4m | 86,200 | – | new |
| 9 | IBIT ISHARES BITCOIN TRUST ETF | 2.4% | $2.6m | 52,000 | -82% | reduced | |
| 10 | IEF ISHARES TR | 2.3% | $2.4m | 25,000 | 0% | held | |
| 11 | GDX VANECK ETF TRUST | 1.3% | $1.4m | 16,000 | – | new | |
| 12 | GOOGL ALPHABET INC | Communication Services | 1.3% | $1.3m | 4,300 | 7% | added |
| 13 | DQ DAQO NEW ENERGY CORP | Technology | 1.1% | $1.2m | 40,360 | 1% | added |
| 14 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.8% | $874.8k | 2,650 | – | new |
| 15 | HODL VANECK BITCOIN ETF | 0.7% | $791.4k | 32,000 | 0% | held | |
| 16 | ETHW BITWISE ETHEREUM ETF | 0.7% | $744.5k | 35,000 | 0% | held | |
| 17 | ARKB ARK 21SHARES BITCOIN ETF | 0.7% | $697.0k | 24,000 | 0% | held | |
| 18 | RDDT REDDIT INC | Communication Services | 0.6% | $620.6k | 2,700 | – | new |
| 19 | SNOW SNOWFLAKE INC | Technology | 0.6% | $614.2k | 2,800 | – | new |
| 20 | MDB MONGODB INC | Technology | 0.5% | $566.6k | 1,350 | – | new |
| 21 | EQT EQT CORP | Energy | 0.5% | $536.0k | 10,000 | – | new |
| 22 | APP APPLOVIN CORP | Communication Services | 0.5% | $532.3k | 790 | -21% | reduced |
| 23 | ETH GRAYSCALE ETHEREUM MINI TR E | 0.5% | $505.1k | 18,000 | -14% | reduced | |
| 24 | META META PLATFORMS INC | Communication Services | 0.4% | $462.1k | 700 | – | new |
| 25 | AMZN AMAZON COM INC | Consumer Cyclical | 0.4% | $461.6k | 2,000 | – | new |
| 26 | IE IVANHOE ELECTRIC INC | 0.4% | $399.5k | 25,000 | – | new | |
| 27 | PDD PDD HOLDINGS INC | Consumer Cyclical | 0.3% | $283.5k | 2,500 | – | new |
| 28 | WULF TERAWULF INC | Financial Services | 0.3% | $275.8k | 24,000 | – | new |
| 29 | OXY OCCIDENTAL PETE CORP | Energy | 0.2% | $246.7k | 6,000 | 0% | held |
| 30 | UBER UBER TECHNOLOGIES INC | Technology | 0.2% | $245.1k | 3,000 | – | new |
| 31 | NKE NIKE INC | Consumer Cyclical | 0.2% | $191.1k | 3,000 | 0% | held |
| 32 | TLT ISHARES TR | 0.1% | $87.2k | 1,000 | 0% | held | |
| 33 | DEO DIAGEO PLC | Consumer Defensive | 0.0% | $43.1k | 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.