Andar Capital Management HK Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Andar Capital Management HK Ltd reported 15 stock positions worth $51.9 million. Its top holding was Credo Technology Group Holdi (CRDO) at 13.5% of the portfolio, followed by Advanced Micro Devices (AMD, 9.8%) and ServiceNow (NOW, 9.2%). Compared with Q4 2024, it opened 7 new positions, sold out of 8, added to 3 and reduced 5. The biggest buy was a new position in ServiceNow (NOW) and the biggest sale an exit from ASML Holding NV-NY Reg SHS (ASML).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001805591
- Portfolio Value
- $51.9M (Q1 2025)
- SEC Filing
- 0001805591-25-000005 ↗ filed May 9, 2025
Holdings Value
Holdings 15 stocks · $51.9M
| CRDO Credo Technology Group Holdi | 13.47% | 174,000 | $7.0M | Add +13.7% |
| AMD Advanced Micro Devices | 9.80% | 49,500 | $5.1M | Reduce -25.7% |
| NOW ServiceNow Inc. | 9.21% | 6,000 | $4.8M | New |
| ANET Arista Networks Inc. | 8.51% | 57,000 | $4.4M | Add +16.8% |
| MNDY Monday.com Ltd. | 7.97% | 17,000 | $4.1M | Add +68.7% |
| IBIT iShares Bitcoin Trust ETF | 7.06% | 78,300 | $3.7M | Reduce -25.0% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 6.00% | 10,800 | $3.1M | Reduce -7.7% |
| PINS Pinterest Inc. Class A | 5.74% | 96,000 | $3.0M | New |
| CIEN Ciena Corp. | 5.55% | 47,690 | $2.9M | New |
| CLS Celestica Inc. | 5.47% | 36,000 | $2.8M | New |
| AMZN Amazon.com Inc. | 5.13% | 14,000 | $2.7M | New |
| TSM Taiwan Semiconductor-SP ADR | 4.80% | 15,000 | $2.5M | Reduce -53.7% |
| ESTC Elastic NV | 4.29% | 25,000 | $2.2M | Reduce -72.2% |
| MRVL Marvell Technology Inc. | 3.52% | 29,700 | $1.8M | New |
| AVGO Broadcom Inc. | 3.48% | 10,800 | $1.8M | New |
Portfolio Sells Q4 2024 → Q1 2025
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −13.50 |
| ESTC Elastic NV | Reduce -72.2% | 4.29% | −7.21 |
| RDW Redwire Corp. | Sold out | 0.00% | −4.67 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −3.95 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −3.59 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −3.56 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -53.7% | 4.80% | −3.46 |
| TER Teradyne Inc. | Sold out | 0.00% | −2.44 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −1.83 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.52 |
| AMD Advanced Micro Devices | Reduce -25.7% | 9.80% | −0.58 |
| IBIT iShares Bitcoin Trust ETF | Reduce -25.0% | 7.06% | −0.08 |
| MSTR Strategy Inc. | Reduce -7.7% | 6.00% | +1.63 |
Portfolio Buys Q4 2024 → Q1 2025
| NOW ServiceNow Inc. | New | 9.21% | +9.21 |
| PINS Pinterest Inc. Class A | New | 5.74% | +5.74 |
| CIEN Ciena Corp. | New | 5.55% | +5.55 |
| CLS Celestica Inc. | New | 5.47% | +5.47 |
| AMZN Amazon.com Inc. | New | 5.13% | +5.13 |
| MNDY Monday.com Ltd. | Add +68.7% | 7.97% | +4.90 |
| MRVL Marvell Technology Inc. | New | 3.52% | +3.52 |
| AVGO Broadcom Inc. | New | 3.48% | +3.48 |
| ANET Arista Networks Inc. | Add +16.8% | 8.51% | +1.55 |
| CRDO Credo Technology Group Holdi | Add +13.7% | 13.47% | +0.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 13 | $222.8M | VICR, MU, TSEM, SMTC, ONTO |
| Q1 2026 | 13 | $116.9M | TSEM, ONTO, SMTC, AAOI, TER |
| Q4 2025 | 15 | $92.8M | CRDO, SMTC, ONTO, AMD, TSEM |
| Q3 2025 | 20 | $98.9M | CRDO, ONTO, TER, AMD, IBIT |
| Q2 2025 | 19 | $85.6M | CRDO, AMD, SMTC, NOW, IBIT |
| Q1 2025 | 15 | $51.9M | CRDO, AMD, NOW, ANET, MNDY |
| Q4 2024 | 16 | $77.5M | ASML, CRDO, ESTC, AMD, TSM |
| Q3 2024 | 17 | $75.6M | ESTC, AMD, PINS, CRDO, SMCI |
| Q2 2024 | 20 | $72.0M | AMD, TER, META, NET, S |
| Q1 2024 | 13 | $69.3M | AMD, MDB, ANET, DT, TEAM |