Ariose Capital Management Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Ariose Capital Management Ltd reported 18 stock positions worth $158.2 million. Its top holding was Meta Platforms Class A (META) at 26.6% of the portfolio, followed by Alphabet Class A (GOOGL, 15.1%) and Nvidia (NVDA, 9.6%). Compared with Q1 2025, it opened 12 new positions, sold out of 6, added to 2 and reduced 2. The biggest buy was a new position in Meta Platforms Class A (META) and the biggest sale an exit from Trip.com Group Ltd.-ADR (TCOM).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, HONG KONG, K3
- CIK
- 0001665925
- Portfolio Value
- $158.2M (Q2 2025)
- SEC Filing
- 0001085146-25-003915 ↗ filed Jul 17, 2025
Holdings Value
Holdings 18 stocks · $158.2M
| META Meta Platforms Inc. Class A | 26.59% | 57,000 | $42.1M | New |
| GOOGL Alphabet Inc. Class A | 15.14% | 135,000 | $23.9M | Add +89.1% |
| NVDA Nvidia Corp. | 9.60% | 96,100 | $15.2M | New |
| MELI MercadoLibre Inc. | 8.26% | 5,000 | $13.1M | New |
| SLV iShares Silver Trust | 6.28% | 302,937 | $9.9M | New |
| LI Li Auto Inc. - ADR | 6.14% | 358,086 | $9.7M | Add +67.3% |
| AMD Advanced Micro Devices | 4.44% | 49,500 | $7.0M | New |
| LMT Lockheed Martin Corp. | 3.69% | 12,600 | $5.8M | Reduce -52.8% |
| MRVL Marvell Technology Inc. | 3.27% | 66,800 | $5.2M | New |
| DQ Daqo New Energy Corp.-ADR | 3.25% | 338,655 | $5.1M | Reduce -36.3% |
| JOYY Joyy Inc.-ADR | 2.50% | 77,837 | $4.0M | New |
| YALA Yalla Group Ltd. | 2.41% | 565,034 | $3.8M | New |
| COIN Coinbase Global Inc. Class A | 2.17% | 9,800 | $3.4M | New |
| PYPL PayPal Holdings Inc. | 2.03% | 43,202 | $3.2M | New |
| EUAD Select Stoxx Eur Aer DE ETF | 1.76% | 64,662 | $2.8M | No change |
| INTC Intel Corp. | 1.37% | 96,800 | $2.2M | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.96% | 45,000 | $1.5M | No change |
| NBP Novabridge Biosciences filed as I MAB | 0.15% | 96,455 | $233K | New |
Portfolio Sells Q1 2025 → Q2 2025
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −19.14 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −16.36 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −11.66 |
| LMT Lockheed Martin Corp. | Reduce -52.8% | 3.69% | −9.39 |
| DQ Daqo New Energy Corp.-ADR | Reduce -36.3% | 3.25% | −7.31 |
| CYD China Yuchai Intl Ltd. | Sold out | 0.00% | −3.71 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −2.08 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.97 |
Portfolio Buys Q1 2025 → Q2 2025
| META Meta Platforms Inc. Class A | New | 26.59% | +26.59 |
| NVDA Nvidia Corp. | New | 9.60% | +9.60 |
| MELI MercadoLibre Inc. | New | 8.26% | +8.26 |
| SLV iShares Silver Trust | New | 6.28% | +6.28 |
| AMD Advanced Micro Devices | New | 4.44% | +4.44 |
| MRVL Marvell Technology Inc. | New | 3.27% | +3.27 |
| GOOGL Alphabet Inc. Class A | Add +89.1% | 15.14% | +3.03 |
| JOYY Joyy Inc.-ADR | New | 2.50% | +2.50 |
| YALA Yalla Group Ltd. | New | 2.41% | +2.41 |
| COIN Coinbase Global Inc. Class A | New | 2.17% | +2.17 |
| PYPL PayPal Holdings Inc. | New | 2.03% | +2.03 |
| INTC Intel Corp. | New | 1.37% | +1.37 |
| LI Li Auto Inc. - ADR | Add +67.3% | 6.14% | +0.22 |
| NBP Novabridge Biosciences | New | 0.15% | +0.15 |
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 |