AM Squared Ltd
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), AM Squared Ltd reported 69 stock positions worth $45.2 million. Its top holding was Li Auto Inc. (li 0.25 05/01/28) at 50.1% of the portfolio, followed by H World Group Ltd. (htht 3 05/01/26) (20.4%) and Lennar Class A (LEN, 4.3%). Compared with Q2 2024, it opened 29 new positions, sold out of 35, added to 22 and reduced 15. The biggest buy was a new position in Vale SA-SP ADR (VALE) and the biggest sale an exit from Western Digital (WDC).
- Most Recent 13F
- Q3 2024
- Location
- HONG KONG, K3
- CIK
- 0001879167
- Portfolio Value
- $45.2M (Q3 2024)
- SEC Filing
- 0001879167-24-000007 ↗ filed Nov 7, 2024
Holdings Value
Holdings 69 stocks · $45.2M
| LI AUTO INC (LI 0.25 05/01/28) | 50.15% | 19,000 | $22.7M | Add +18.8% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | 20.36% | 8,000 | $9.2M | No change |
| LEN Lennar Corp. Class A | 4.28% | 10,321 | $1.9M | Add +5.1% |
| VALE Vale SA-SP ADR | 3.30% | 127,800 | $1.5M | New |
| F Ford Motor Co. filed as FORD MTR CO | 1.78% | 76,062 | $803K | Add +535.9% |
| STLA Stellantis NV | 1.42% | 45,600 | $641K | New |
| PPG PPG Industries Inc. | 1.23% | 4,200 | $556K | Add +61.5% |
| TAP Molson Coors Beverage Co. Class B | 0.95% | 7,500 | $431K | Reduce -54.3% |
| SWKS Skyworks Solutions Inc. | 0.94% | 4,300 | $425K | New |
| DXCM Dexcom Inc. | 0.93% | 6,300 | $422K | New |
| QCOM Qualcomm Inc. | 0.90% | 2,400 | $408K | New |
| PKX Posco Holdings Inc. -Spon ADR | 0.77% | 5,000 | $350K | New |
| QRVO Qorvo Inc. | 0.64% | 2,800 | $289K | New |
| PODD Insulet Corp. | 0.57% | 1,100 | $256K | Add +57.1% |
| MGM MGM Resorts International | 0.56% | 6,500 | $254K | New |
| HAL Halliburton Co. | 0.50% | 7,700 | $224K | Add +14.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.46% | 5,000 | $210K | Add +16.3% |
| PARAA Paramount Global Class B | 0.46% | 19,400 | $206K | Add +32.9% |
| LVS Las Vegas Sands Corp. | 0.42% | 3,800 | $191K | Add +153.3% |
| SRPT Sarepta Therapeutics Inc. | 0.39% | 1,400 | $175K | Add +600.0% |
| XRAY Dentsply Sirona Inc. | 0.37% | 6,100 | $165K | Add +69.4% |
| NOV Nov Inc. | 0.32% | 9,100 | $145K | Reduce -40.9% |
| DG Dollar General Corp. | 0.30% | 1,600 | $135K | Add +33.3% |
| AXTA Axalta Coating Systems Ltd. | 0.29% | 3,671 | $133K | New |
| DLTR Dollar Tree Inc. | 0.28% | 1,800 | $127K | Add +12.5% |
| W Wayfair Inc. Class A | 0.27% | 2,200 | $124K | Reduce -18.5% |
| MSC Studio City Internationa-ADR | 0.27% | 16,390 | $123K | No change |
| INCY Incyte Corp. | 0.26% | 1,800 | $119K | Add +125.0% |
| LEA Lear Corp. | 0.24% | 1,000 | $109K | Reduce -67.8% |
| NBIX Neurocrine Biosciences Inc. | 0.23% | 900 | $104K | New |
| MOH Molina Healthcare Inc. | 0.23% | 300 | $103K | Add +50.0% |
| BBY Best Buy Co. Inc. | 0.23% | 1,000 | $103K | Reduce -37.5% |
| ALGN Align Technology Inc. | 0.23% | 400 | $102K | Reduce -20.0% |
| MCK McKesson Corp. | 0.22% | 200 | $99K | New |
| BAX Baxter International Inc. | 0.22% | 2,600 | $99K | Reduce -21.2% |
| BMRN Biomarin Pharmaceutical Inc. | 0.22% | 1,400 | $98K | Add +75.0% |
| IPG Interpublic Group of Cos Inc. | 0.22% | 3,100 | $98K | Add +63.2% |
| BIIB Biogen Inc. | 0.21% | 500 | $97K | Add +400.0% |
| MHK Mohawk Industries Inc. | 0.21% | 600 | $96K | No change |
| HUM Humana Inc. | 0.21% | 300 | $95K | Add +200.0% |
| TGT Target Corp. | 0.21% | 600 | $94K | Reduce -50.0% |
| GT Goodyear Tire & Rubber Co. | 0.20% | 10,349 | $92K | New |
| CVS CVS Health Corp. | 0.19% | 1,400 | $88K | New |
| CGNX Cognex Corp. | 0.19% | 2,100 | $85K | Add +4566.7% |
| AAP Advance Auto Parts Inc. | 0.17% | 2,000 | $78K | Add +100.0% |
| ULTA Ulta Beauty Inc. | 0.17% | 200 | $78K | Reduce -66.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.17% | 800 | $77K | New |
| SBLK Star Bulk Carriers Corp. | 0.17% | 3,200 | $76K | New |
| ALB Albemarle Corp. | 0.17% | 799 | $76K | Reduce -86.7% |
| ZBH Zimmer Biomet Holdings Inc. | 0.17% | 700 | $76K | Add +75.0% |
| ROKU Roku Inc. | 0.17% | 1,000 | $75K | Reduce -9.1% |
| EW Edwards Lifesciences Corp. | 0.16% | 1,100 | $73K | New |
| NXPI NXP Semiconductors NV | 0.16% | 300 | $72K | New |
| PHM Pultegroup Inc. | 0.16% | 500 | $72K | New |
| SAH Sonic Automotive Inc. Class A | 0.14% | 1,100 | $64K | Reduce -26.7% |
| STNG Scorpio Tankers Inc. | 0.14% | 900 | $64K | New |
| VEEV Veeva Systems Inc. Class A | 0.14% | 300 | $63K | Reduce -50.0% |
| GFS Globalfoundries Inc. | 0.13% | 1,500 | $60K | New |
| ROST Ross Stores Inc. | 0.13% | 400 | $60K | New |
| RL Ralph Lauren Corp. | 0.13% | 300 | $58K | New |
| BURL Burlington Stores Inc. | 0.12% | 200 | $53K | New |
| WEN The Wendy's Co. | 0.11% | 2,800 | $49K | New |
| TTWO Take-Two Interactive Softwre | 0.10% | 300 | $46K | New |
| DHI D.R. Horton Inc. | 0.08% | 200 | $38K | Reduce -33.3% |
| MRK Merck & Co. Inc. | 0.08% | 300 | $34K | New |
| ELAN Elanco Animal Health Inc. | 0.07% | 2,300 | $34K | New |
| CAH Cardinal Health Inc. | 0.07% | 300 | $33K | New |
| MRNA Moderna Inc. | 0.03% | 200 | $13K | New |
| GM General Motors Co. | 0.00% | 23 | $1K | Reduce -99.5% |
Portfolio Sells Q2 2024 → Q3 2024
| WDC Western Digital Corp. | Sold out | 0.00% | −9.62 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −6.90 |
| TAP Molson Coors Beverage Co. Class B | Reduce -54.3% | 0.95% | −1.73 |
| ALB Albemarle Corp. | Reduce -86.7% | 0.17% | −1.68 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −1.52 |
| ADNT Adient PLC | Sold out | 0.00% | −1.09 |
| PEP Pepsico Inc. | Sold out | 0.00% | −1.01 |
| LEA Lear Corp. | Reduce -67.8% | 0.24% | −0.90 |
| GM General Motors Co. | Reduce -99.5% | 0.00% | −0.72 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.67 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.66 |
| NOV Nov Inc. | Reduce -40.9% | 0.32% | −0.62 |
| ULTA Ulta Beauty Inc. | Reduce -66.7% | 0.17% | −0.57 |
| DOW Dow Inc. | Sold out | 0.00% | −0.55 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.44 |
| TEX Terex Corp. | Sold out | 0.00% | −0.41 |
| TGT Target Corp. | Reduce -50.0% | 0.21% | −0.36 |
| APA Apa Corp. | Sold out | 0.00% | −0.36 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.35 |
| TDOC Teladoc Health Inc. | Sold out | 0.00% | −0.32 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.32 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.29 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.28 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.24 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.23 |
| LEGN Legend Biotech Corp.-ADR | Sold out | 0.00% | −0.23 |
| VEEV Veeva Systems Inc. Class A | Reduce -50.0% | 0.14% | −0.21 |
| BBY Best Buy Co. Inc. | Reduce -37.5% | 0.23% | −0.21 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.20 |
| KMT Kennametal Inc. | Sold out | 0.00% | −0.20 |
| RMD Resmed Inc. | Sold out | 0.00% | −0.18 |
| W Wayfair Inc. Class A | Reduce -18.5% | 0.27% | −0.18 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.17 |
| ALGN Align Technology Inc. | Reduce -20.0% | 0.23% | −0.16 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.16 |
| BAX Baxter International Inc. | Reduce -21.2% | 0.22% | −0.14 |
| SAH Sonic Automotive Inc. Class A | Reduce -26.7% | 0.14% | −0.12 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.12 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −0.11 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.06 |
| DHI D.R. Horton Inc. | Reduce -33.3% | 0.08% | −0.05 |
| ROKU Roku Inc. | Reduce -9.1% | 0.17% | −0.05 |
| BA The Boeing Co. | Sold out | 0.00% | −0.02 |
| IR Ingersoll-Rand Inc. | Sold out | 0.00% | −0.01 |
| TXT Textron Inc. | Sold out | 0.00% | −0.01 |
| KR Kroger Co. | Sold out | 0.00% | −0.00 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −0.00 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.00 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.00 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| VALE Vale SA-SP ADR | New | 3.30% | +3.30 |
| STLA Stellantis NV | New | 1.42% | +1.42 |
| F Ford Motor Co. | Add +535.9% | 1.78% | +1.30 |
| SWKS Skyworks Solutions Inc. | New | 0.94% | +0.94 |
| DXCM Dexcom Inc. | New | 0.93% | +0.93 |
| QCOM Qualcomm Inc. | New | 0.90% | +0.90 |
| PKX Posco Holdings Inc. -Spon ADR | New | 0.77% | +0.77 |
| QRVO Qorvo Inc. | New | 0.64% | +0.64 |
| MGM MGM Resorts International | New | 0.56% | +0.56 |
| AXTA Axalta Coating Systems Ltd. | New | 0.29% | +0.29 |
| SRPT Sarepta Therapeutics Inc. | Add +600.0% | 0.39% | +0.29 |
| NBIX Neurocrine Biosciences Inc. | New | 0.23% | +0.23 |
| MCK McKesson Corp. | New | 0.22% | +0.22 |
| LI AUTO INC (LI 0.25 05/01/28) | Add +18.8% | 50.15% | +0.21 |
| LVS Las Vegas Sands Corp. | Add +153.3% | 0.42% | +0.21 |
| GT Goodyear Tire & Rubber Co. | New | 0.20% | +0.20 |
| CVS CVS Health Corp. | New | 0.19% | +0.19 |
| CGNX Cognex Corp. | Add +4566.7% | 0.19% | +0.18 |
| PPG PPG Industries Inc. | Add +61.5% | 1.23% | +0.18 |
| DIS The Walt Disney Co. | New | 0.17% | +0.17 |
| SBLK Star Bulk Carriers Corp. | New | 0.17% | +0.17 |
| EW Edwards Lifesciences Corp. | New | 0.16% | +0.16 |
| NXPI NXP Semiconductors NV | New | 0.16% | +0.16 |
| PHM Pultegroup Inc. | New | 0.16% | +0.16 |
| STNG Scorpio Tankers Inc. | New | 0.14% | +0.14 |
| BIIB Biogen Inc. | Add +400.0% | 0.21% | +0.14 |
| GFS Globalfoundries Inc. | New | 0.13% | +0.13 |
| ROST Ross Stores Inc. | New | 0.13% | +0.13 |
| RL Ralph Lauren Corp. | New | 0.13% | +0.13 |
| BURL Burlington Stores Inc. | New | 0.12% | +0.12 |
| PODD Insulet Corp. | Add +57.1% | 0.57% | +0.11 |
| WEN The Wendy's Co. | New | 0.11% | +0.11 |
| INCY Incyte Corp. | Add +125.0% | 0.26% | +0.11 |
| TTWO Take-Two Interactive Softwre | New | 0.10% | +0.10 |
| HUM Humana Inc. | Add +200.0% | 0.21% | +0.09 |
| XRAY Dentsply Sirona Inc. | Add +69.4% | 0.37% | +0.08 |
| MRK Merck & Co. Inc. | New | 0.08% | +0.08 |
| ELAN Elanco Animal Health Inc. | New | 0.07% | +0.07 |
| CAH Cardinal Health Inc. | New | 0.07% | +0.07 |
| IPG Interpublic Group of Cos Inc. | Add +63.2% | 0.22% | +0.04 |
| MOH Molina Healthcare Inc. | Add +50.0% | 0.23% | +0.04 |
| MRNA Moderna Inc. | New | 0.03% | +0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Add +75.0% | 0.17% | +0.03 |
| BMRN Biomarin Pharmaceutical Inc. | Add +75.0% | 0.22% | +0.01 |
| AAP Advance Auto Parts Inc. | Add +100.0% | 0.17% | −0.03 |
| PARAA Paramount Global Class B | Add +32.9% | 0.46% | −0.03 |
| SLB SLB Ltd. | Add +16.3% | 0.46% | −0.19 |
| DG Dollar General Corp. | Add +33.3% | 0.30% | −0.21 |
| HAL Halliburton Co. | Add +14.9% | 0.50% | −0.23 |
| DLTR Dollar Tree Inc. | Add +12.5% | 0.28% | −0.27 |