Ariose Capital Management Ltd
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Ariose Capital Management Ltd reported 13 stock positions worth $120.8 million. Its top holding was Daqo New Energy Corp.-ADR (DQ) at 24.2% of the portfolio, followed by Netflix (NFLX, 22.9%) and Tesla (TSLA, 22.8%). Compared with Q3 2024, it opened 7 new positions, sold out of 3, added to 1 and reduced 2. The biggest buy was a new position in Tesla (TSLA) and the biggest sale Nvidia (NVDA, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, HONG KONG, K3
- CIK
- 0001665925
- Portfolio Value
- $120.8M (Q4 2024)
- SEC Filing
- 0001085146-25-000239 ↗ filed Jan 16, 2025
Holdings Value
Holdings 13 stocks · $120.8M
| DQ Daqo New Energy Corp.-ADR | 24.23% | 1,505,709 | $29.3M | Add +27.5% |
| NFLX Netflix Inc. | 22.87% | 31,000 | $27.6M | Reduce -20.5% |
| TSLA Tesla Inc. | 22.77% | 68,128 | $27.5M | New |
| AVGO Broadcom Inc. | 10.31% | 53,700 | $12.4M | New |
| EDU New Oriental Educatio-SP ADR | 4.93% | 92,785 | $6.0M | New |
| IBIT iShares Bitcoin Trust ETF | 3.88% | 88,400 | $4.7M | New |
| MAR Marriott International Class A | 2.96% | 12,807 | $3.6M | No change |
| U Unity Software Inc. | 1.90% | 102,300 | $2.3M | New |
| MRVL Marvell Technology Inc. | 1.67% | 18,300 | $2.0M | New |
| RKLB Rocket Lab USA Inc. | 1.55% | 73,475 | $1.9M | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.43% | 45,000 | $1.7M | No change |
| NVDA Nvidia Corp. | 0.78% | 7,000 | $940K | Reduce -95.9% |
| URA Global X Uranium ETF | 0.72% | 32,310 | $865K | No change |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
| TSLA Tesla Inc. | New | 22.77% | +22.77 |
| AVGO Broadcom Inc. | New | 10.31% | +10.31 |
| EDU New Oriental Educatio-SP ADR | New | 4.93% | +4.93 |
| IBIT iShares Bitcoin Trust ETF | New | 3.88% | +3.88 |
| DQ Daqo New Energy Corp.-ADR | Add +27.5% | 24.23% | +3.64 |
| U Unity Software Inc. | New | 1.90% | +1.90 |
| MRVL Marvell Technology Inc. | New | 1.67% | +1.67 |
| RKLB Rocket Lab USA Inc. | New | 1.55% | +1.55 |
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 |