Ariose Capital Management Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 27, 2026), Ariose Capital Management Ltd reported 19 stock positions worth $234.1 million. Its top holding was Sandisk (SNDK) at 22.1% of the portfolio, followed by Seagate Technology (STX, 11.4%) and Advanced Micro Devices (AMD, 9.9%). Compared with Q1 2026, it opened 15 new positions, sold out of 11, added to 1 and reduced 2. The biggest buy was a new position in Sandisk (SNDK) and the biggest sale an exit from Axt (AXTI).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, HONG KONG, K3
- CIK
- 0001665925
- Portfolio Value
- $234.1M (Q2 2026)
- SEC Filing
- 0001665925-26-000007 ↗ filed Jul 27, 2026
Holdings Value
Holdings 19 stocks · $234.1M
| SNDK Sandisk Corp. | 22.14% | 22,800 | $51.8M | New |
| STX Seagate Technology Holdings | 11.38% | 27,616 | $26.6M | Reduce -71.4% |
| AMD Advanced Micro Devices | 9.93% | 40,007 | $23.2M | New |
| MRVL Marvell Technology Inc. | 9.47% | 74,400 | $22.2M | New |
| SOXX iShares Semiconductor ETF | 7.15% | 26,127 | $16.7M | New |
| BWXT BWX Technologies Inc. | 5.95% | 71,580 | $13.9M | New |
| DQ Daqo New Energy Corp.-ADR | 5.46% | 953,974 | $12.8M | Add +108.7% |
| AMAT Applied Materials Inc. | 4.38% | 14,200 | $10.3M | New |
| BIDU Baidu Inc. - Spon ADR | 4.10% | 83,900 | $9.6M | New |
| STM Stmicroelectronics NV-NY SHS | 3.23% | 100,835 | $7.6M | New |
| VECO Veeco Instruments Inc. | 3.10% | 95,647 | $7.3M | New |
| POWI Power Integrations Inc. | 2.38% | 66,578 | $5.6M | New |
| TSM Taiwan Semiconductor-SP ADR | 2.33% | 11,400 | $5.4M | New |
| NVTS Navitas Semiconductor Corp. | 2.15% | 280,582 | $5.0M | New |
| VIAV Viavi Solutions Inc. | 2.15% | 105,187 | $5.0M | New |
| SMTC Semtech Corp. | 2.00% | 28,991 | $4.7M | New |
| SGML Sigma Lithium Corp. | 1.68% | 310,076 | $3.9M | No change |
| JOYY Joyy Inc.-ADR | 0.60% | 21,338 | $1.4M | Reduce -50.0% |
| INTC Intel Corp. | 0.45% | 7,542 | $1.1M | New |
Portfolio Sells Q1 2026 → Q2 2026
| AXTI Axt Inc. | Sold out | 0.00% | −26.23 |
| STX Seagate Technology Holdings | Reduce -71.4% | 11.38% | −14.03 |
| GLW Corning Inc. | Sold out | 0.00% | −11.57 |
| VICR Vicor Corp. | Sold out | 0.00% | −7.87 |
| AAOI Applied Optoelectronics Inc. | Sold out | 0.00% | −5.91 |
| NOK Nokia Corp.-Spon ADR | Sold out | 0.00% | −3.23 |
| CCJ Cameco Corp. | Sold out | 0.00% | −2.51 |
| URA Global X Uranium ETF | Sold out | 0.00% | −2.50 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −1.31 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −1.23 |
| JOYY Joyy Inc.-ADR | Reduce -50.0% | 0.60% | −1.07 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.98 |
| YALA Yalla Group Ltd. | Sold out | 0.00% | −0.46 |
Portfolio Buys Q1 2026 → Q2 2026
| SNDK Sandisk Corp. | New | 22.14% | +22.14 |
| AMD Advanced Micro Devices | New | 9.93% | +9.93 |
| MRVL Marvell Technology Inc. | New | 9.47% | +9.47 |
| SOXX iShares Semiconductor ETF | New | 7.15% | +7.15 |
| BWXT BWX Technologies Inc. | New | 5.95% | +5.95 |
| AMAT Applied Materials Inc. | New | 4.38% | +4.38 |
| BIDU Baidu Inc. - Spon ADR | New | 4.10% | +4.10 |
| STM Stmicroelectronics NV-NY SHS | New | 3.23% | +3.23 |
| VECO Veeco Instruments Inc. | New | 3.10% | +3.10 |
| POWI Power Integrations Inc. | New | 2.38% | +2.38 |
| TSM Taiwan Semiconductor-SP ADR | New | 2.33% | +2.33 |
| NVTS Navitas Semiconductor Corp. | New | 2.15% | +2.15 |
| VIAV Viavi Solutions Inc. | New | 2.15% | +2.15 |
| SMTC Semtech Corp. | New | 2.00% | +2.00 |
| INTC Intel Corp. | New | 0.45% | +0.45 |
| DQ Daqo New Energy Corp.-ADR | Add +108.7% | 5.46% | −1.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $234.1M | SNDK, STX, AMD, MRVL, SOXX |
| Q1 2026 | 15 | $148.9M | AXTI, STX, GLW, VICR, DQ |
| Q4 2025 | 14 | $298.5M | GOOGL, NVDA, U, TER, JOYY |
| Q3 2025 | 35 | $298.2M | NVDA, JOYY, GOOGL, COHR, U |
| Q2 2025 | 18 | $158.2M | META, GOOGL, NVDA, MELI, SLV |
| Q1 2025 | 12 | $91.2M | TCOM, GLD, LMT, GOOGL, NTES |
| Q4 2024 | 13 | $120.8M | DQ, NFLX, TSLA, AVGO, EDU |
| Q3 2024 | 9 | $116.8M | NFLX, DQ, NVDA, LI, TME |
| Q2 2024 | 13 | $131.0M | NTES, TCOM, NFLX, DQ, EDU |
| Q1 2024 | 12 | $189.9M | NVDA, NTES, DQ, VIPS, NFLX |