Ariose Capital Management Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 25, 2024), Ariose Capital Management Ltd reported 13 stock positions worth $131.0 million. Its top holding was Netease Inc.-ADR (NTES) at 19.4% of the portfolio, followed by Trip.com Group Ltd.-ADR (TCOM, 19.4%) and Netflix (NFLX, 18.6%). Compared with Q1 2024, it opened 6 new positions, sold out of 5, added to 3 and reduced 1. The biggest buy was Trip.com Group Ltd.-ADR (TCOM, shares +680%) and the biggest sale an exit from Nvidia (NVDA).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, HONG KONG, K3
- CIK
- 0001665925
- Portfolio Value
- $131.0M (Q2 2024)
- SEC Filing
- 0001085146-24-003215 ↗ filed Jul 25, 2024
Holdings Value
Holdings 13 stocks · $131.0M
| NTES Netease Inc.-ADR | 19.43% | 266,311 | $25.5M | Reduce -28.2% |
| TCOM Trip.com Group Ltd.-ADR | 19.40% | 540,630 | $25.4M | Add +680.1% |
| NFLX Netflix Inc. | 18.55% | 36,000 | $24.3M | Add +64.4% |
| DQ Daqo New Energy Corp.-ADR | 13.17% | 1,181,124 | $17.2M | Add +23.9% |
| EDU New Oriental Educatio-SP ADR | 11.49% | 193,572 | $15.0M | New |
| TSLA Tesla Inc. | 4.53% | 30,000 | $5.9M | New |
| IBIT iShares Bitcoin Trust ETF | 3.51% | 134,588 | $4.6M | New |
| MAR Marriott International Class A | 2.36% | 12,807 | $3.1M | New |
| QCOM Qualcomm Inc. | 2.24% | 14,700 | $2.9M | New |
| NOC Northrop Grumman Corp. | 2.00% | 6,000 | $2.6M | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.62% | 45,000 | $2.1M | New |
| HOLI Hollysys Automation Technolo | 0.99% | 59,719 | $1.3M | No change |
| URA Global X Uranium ETF | 0.71% | 32,310 | $935K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Sold out | 0.00% | −32.30 |
| VIPS Vipshop Holdings Ltd. - ADR | Sold out | 0.00% | −11.89 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −6.93 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −1.57 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −1.56 |
| NTES Netease Inc.-ADR | Reduce -28.2% | 19.43% | −0.77 |
Portfolio Buys Q1 2024 → Q2 2024
| TCOM Trip.com Group Ltd.-ADR | Add +680.1% | 19.40% | +17.80 |
| NFLX Netflix Inc. | Add +64.4% | 18.55% | +11.54 |
| EDU New Oriental Educatio-SP ADR | New | 11.49% | +11.49 |
| TSLA Tesla Inc. | New | 4.53% | +4.53 |
| IBIT iShares Bitcoin Trust ETF | New | 3.51% | +3.51 |
| MAR Marriott International Class A | New | 2.36% | +2.36 |
| QCOM Qualcomm Inc. | New | 2.24% | +2.24 |
| SLB SLB Ltd. | New | 1.62% | +1.62 |
| DQ Daqo New Energy Corp.-ADR | Add +23.9% | 13.17% | −0.96 |
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 |