Andar Capital Management HK Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Andar Capital Management HK Ltd reported 19 stock positions worth $85.6 million. Its top holding was Credo Technology Group Holdi (CRDO) at 18.4% of the portfolio, followed by Advanced Micro Devices (AMD, 15.4%) and Semtech (SMTC, 8.4%). Compared with Q1 2025, it opened 9 new positions, sold out of 5, added to 2 and reduced 7. The biggest buy was a new position in Semtech (SMTC) and the biggest sale an exit from Pinterest Class A (PINS).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001805591
- Portfolio Value
- $85.6M (Q2 2025)
- SEC Filing
- 0001805591-25-000006 ↗ filed Aug 8, 2025
Holdings Value
Holdings 19 stocks · $85.6M
| CRDO Credo Technology Group Holdi | 18.40% | 170,000 | $15.7M | Reduce -2.3% |
| AMD Advanced Micro Devices | 15.42% | 93,000 | $13.2M | Add +87.9% |
| SMTC Semtech Corp. | 8.44% | 160,000 | $7.2M | New |
| NOW ServiceNow Inc. | 7.21% | 6,000 | $6.2M | No change |
| IBIT iShares Bitcoin Trust ETF | 6.44% | 90,000 | $5.5M | Add +14.9% |
| TER Teradyne Inc. | 6.31% | 60,000 | $5.4M | New |
| ANET Arista Networks Inc. | 4.78% | 40,000 | $4.1M | Reduce -29.8% |
| COHR Coherent Corp. | 4.59% | 44,000 | $3.9M | New |
| CLS Celestica Inc. | 3.83% | 21,000 | $3.3M | Reduce -41.7% |
| MNDY Monday.com Ltd. | 3.31% | 9,000 | $2.8M | Reduce -47.1% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 3.31% | 7,000 | $2.8M | Reduce -35.2% |
| RDW Redwire Corp. | 3.24% | 170,000 | $2.8M | New |
| TSM Taiwan Semiconductor-SP ADR | 3.18% | 12,000 | $2.7M | Reduce -20.0% |
| CIEN Ciena Corp. | 2.85% | 30,000 | $2.4M | Reduce -37.1% |
| RBRK Rubrik Inc. Class A | 2.30% | 22,000 | $2.0M | New |
| OKTA Okta Inc. | 1.99% | 17,000 | $1.7M | New |
| NBIS Nebius Group NV | 1.55% | 24,000 | $1.3M | New |
| TSLA Tesla Inc. | 1.49% | 4,000 | $1.3M | New |
| ALAB Astera Labs Inc. | 1.37% | 13,000 | $1.2M | New |
Portfolio Sells Q1 2025 → Q2 2025
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −5.74 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −5.13 |
| MNDY Monday.com Ltd. | Reduce -47.1% | 3.31% | −4.66 |
| ESTC Elastic NV | Sold out | 0.00% | −4.29 |
| ANET Arista Networks Inc. | Reduce -29.8% | 4.78% | −3.73 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −3.52 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −3.48 |
| CIEN Ciena Corp. | Reduce -37.1% | 2.85% | −2.70 |
| MSTR Strategy Inc. | Reduce -35.2% | 3.31% | −2.69 |
| CLS Celestica Inc. | Reduce -41.7% | 3.83% | −1.64 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -20.0% | 3.18% | −1.62 |
| CRDO Credo Technology Group Holdi | Reduce -2.3% | 18.40% | +4.93 |
Portfolio Buys Q1 2025 → Q2 2025
| SMTC Semtech Corp. | New | 8.44% | +8.44 |
| TER Teradyne Inc. | New | 6.31% | +6.31 |
| AMD Advanced Micro Devices | Add +87.9% | 15.42% | +5.62 |
| COHR Coherent Corp. | New | 4.59% | +4.59 |
| RDW Redwire Corp. | New | 3.24% | +3.24 |
| RBRK Rubrik Inc. Class A | New | 2.30% | +2.30 |
| OKTA Okta Inc. | New | 1.99% | +1.99 |
| NBIS Nebius Group NV | New | 1.55% | +1.55 |
| TSLA Tesla Inc. | New | 1.49% | +1.49 |
| ALAB Astera Labs Inc. | New | 1.37% | +1.37 |
| IBIT iShares Bitcoin Trust ETF | Add +14.9% | 6.44% | −0.62 |
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 |