BOCHK Asset Management Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), BOCHK Asset Management Ltd reported 81 stock positions worth $374.4 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 55.6% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 19.9%) and Alphabet Class A (GOOGL, 2.1%). Compared with Q3 2025, it opened 32 new positions, sold out of 37, added to 19 and reduced 24. The biggest buy was a new position in Invesco QQQ Trust Series 1 (QQQ) and the biggest sale Coinbase Global Class A (COIN, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- Hong Kong, K3
- CIK
- 0002010854
- Portfolio Value
- $374.4M (Q4 2025)
- SEC Filing
- 0001213900-26-006645 ↗ filed Jan 22, 2026
Holdings Value
Holdings 81 stocks · $374.4M
| SPY SS SPDR S&P 500 ETF Trust-US | 55.59% | 305,200 | $208.1M | Reduce -5.2% |
| VOO Vanguard S&P 500 ETF | 19.93% | 119,000 | $74.6M | No change |
| GOOGL Alphabet Inc. Class A | 2.11% | 25,200 | $7.9M | Add +65.8% |
| QQQ Invesco QQQ Trust Series 1 | 2.02% | 12,320 | $7.6M | New |
| MSFT Microsoft Corp. | 1.91% | 14,780 | $7.1M | Add +34.6% |
| AAPL Apple Inc. | 1.53% | 21,050 | $5.7M | Add +57.1% |
| NVDA Nvidia Corp. | 1.06% | 21,200 | $4.0M | Add +146.5% |
| AMZN Amazon.com Inc. | 1.06% | 17,120 | $4.0M | Add +69.2% |
| TSLA Tesla Inc. | 0.99% | 8,200 | $3.7M | Reduce -40.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.86% | 6,400 | $3.2M | New |
| AVGO Broadcom Inc. | 0.72% | 7,812 | $2.7M | Reduce -23.4% |
| META Meta Platforms Inc. Class A | 0.69% | 3,904 | $2.6M | Add +57.8% |
| JPM JPMorgan Chase & Co. | 0.64% | 7,400 | $2.4M | Add +34.5% |
| EXPE Expedia Group Inc. | 0.58% | 7,666 | $2.2M | New |
| CRCL Circle Internet Group Inc. | 0.57% | 26,800 | $2.1M | Add +142.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.52% | 6,600 | $2.0M | New |
| UNH Unitedhealth Group Inc. | 0.52% | 5,890 | $1.9M | Add +416.7% |
| ISRG Intuitive Surgical Inc. | 0.51% | 3,400 | $1.9M | New |
| MRK Merck & Co. Inc. | 0.51% | 18,000 | $1.9M | New |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.47% | 15,000 | $1.7M | Add +7.9% |
| MAR Marriott International Class A | 0.43% | 5,200 | $1.6M | New |
| ADBE Adobe Inc. | 0.42% | 4,500 | $1.6M | New |
| GS Goldman Sachs Group Inc. | 0.42% | 1,785 | $1.6M | New |
| CRM Salesforce Inc. | 0.39% | 5,480 | $1.5M | New |
| PEP Pepsico Inc. | 0.38% | 10,000 | $1.4M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 26,000 | $1.4M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 4,677 | $1.4M | Reduce -50.7% |
| MS Morgan Stanley | 0.34% | 7,100 | $1.3M | New |
| CEG Constellation Energy | 0.32% | 3,345 | $1.2M | Reduce -23.0% |
| GOOG Alphabet Inc. Class C | 0.30% | 3,562 | $1.1M | Add +26.2% |
| LLY Eli Lilly & Co. | 0.29% | 1,000 | $1.1M | Add +216.5% |
| ABNB Airbnb Inc. Class A | 0.28% | 7,600 | $1.0M | New |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.27% | 6,240 | $1.0M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.26% | 39,200 | $976K | Add +2915.4% |
| TCOM Trip.com Group Ltd.-ADR | 0.26% | 13,563 | $975K | Add +474.0% |
| BILI Bilibili Inc.-Sponsored ADR | 0.23% | 35,000 | $861K | Reduce -3.0% |
| ABBV Abbvie Inc. | 0.20% | 3,300 | $754K | Reduce -38.9% |
| HOOD Robinhood Markets Inc. Class A | 0.19% | 6,380 | $722K | Reduce -17.1% |
| HTHT H World Group Ltd.-ADR | 0.18% | 14,000 | $659K | New |
| NFLX Netflix Inc. | 0.14% | 5,700 | $534K | New |
| CAT Caterpillar Inc. | 0.12% | 760 | $435K | Reduce -81.0% |
| APP AppLovin Corp. Class A | 0.11% | 600 | $404K | No change |
| ORCL Oracle Corp. | 0.07% | 1,300 | $253K | Reduce -87.5% |
| VZ Verizon Communications Inc. | 0.06% | 5,366 | $219K | Add +22.9% |
| INTC Intel Corp. | 0.06% | 5,600 | $207K | New |
| CRWV Coreweave Inc. Class A | 0.05% | 2,600 | $186K | No change |
| NBIS Nebius Group NV | 0.04% | 2,000 | $167K | New |
| EWS iShares MSCI Singapore ETF | 0.04% | 6,000 | $165K | Reduce -29.4% |
| VST Vistra Corp. | 0.04% | 1,000 | $161K | Reduce -86.5% |
| RDDT Reddit Inc. Class A | 0.04% | 700 | $161K | Reduce -12.5% |
| AMD Advanced Micro Devices | 0.04% | 700 | $150K | Reduce -30.0% |
| EWT iShares MSCI Taiwan ETF | 0.04% | 2,300 | $146K | Reduce -64.6% |
| MU Micron Technology Inc. | 0.04% | 500 | $143K | New |
| GEV GE Vernova Inc. | 0.03% | 200 | $131K | Reduce -89.2% |
| FEZ State Street SPDR Euro Stoxx | 0.03% | 2,000 | $129K | No change |
| ETN Eaton Corp. PLC | 0.03% | 400 | $127K | No change |
| ZS Zscaler Inc. | 0.03% | 565 | $127K | Reduce -88.8% |
| FLTW Franklin Ftse Taiwan ETF | 0.02% | 1,410 | $86K | New |
| EIDO iShares MSCI Indonesia ETF | 0.02% | 4,500 | $84K | Add +12.5% |
| COIN Coinbase Global Inc. Class A | 0.02% | 350 | $79K | Reduce -97.4% |
| EWM iShares MSCI Malaysia ETF | 0.02% | 2,800 | $77K | Add +250.0% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.02% | 2,000 | $76K | Add +185.7% |
| EWY iShares MSCI South Korea ETF | 0.02% | 700 | $68K | Reduce -68.2% |
| HDB HDFC Bank Ltd.-ADR | 0.02% | 1,800 | $66K | Add +125.0% |
| EWA iShares MSCI Australia ETF | 0.02% | 2,500 | $65K | Reduce -28.6% |
| B Barrick Mining Corp. | 0.01% | 1,200 | $52K | New |
| AMAT Applied Materials Inc. | 0.01% | 177 | $45K | New |
| HLT Hilton Worldwide Holdings Inc. | 0.01% | 150 | $43K | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.01% | 400 | $42K | New |
| LITE Lumentum Holdings Inc. | 0.01% | 100 | $37K | New |
| UAL United Airlines Holdings Inc. | 0.01% | 300 | $34K | New |
| GILD Gilead Sciences Inc. | 0.01% | 250 | $31K | New |
| EPHE iShares MSCI Philippines ETF | 0.01% | 1,200 | $30K | No change |
| COHR Coherent Corp. | 0.01% | 150 | $28K | New |
| CCL Carnival Corp. | 0.01% | 820 | $25K | New |
| QCOM Qualcomm Inc. | 0.01% | 140 | $24K | New |
| PDD PDD Holdings Inc. | 0.01% | 200 | $23K | Reduce -97.3% |
| UBER Uber Technologies Inc. | 0.01% | 265 | $22K | Reduce -97.2% |
| XME SS SPDR S&P Metals Mining | 0.01% | 200 | $21K | Reduce -66.7% |
| MNSO Miniso Group Holding Ltd.-ADR | 0.01% | 1,000 | $19K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.00% | 117 | $13K | New |
Portfolio Sells Q3 2025 → Q4 2025
| COIN Coinbase Global Inc. Class A | Reduce -97.4% | 0.02% | −1.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.2% | 55.59% | −0.97 |
| ORCL Oracle Corp. | Reduce -87.5% | 0.07% | −0.71 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.67 |
| TSLA Tesla Inc. | Reduce -40.1% | 0.99% | −0.62 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.52 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.43 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.40 |
| AAOI Applied Optoelectronics Inc. | Sold out | 0.00% | −0.39 |
| CAT Caterpillar Inc. | Reduce -81.0% | 0.12% | −0.39 |
| ZS Zscaler Inc. | Reduce -88.8% | 0.03% | −0.37 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.36 |
| VST Vistra Corp. | Reduce -86.5% | 0.04% | −0.34 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.34 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.34 |
| AXP American Express Co. | Sold out | 0.00% | −0.33 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.33 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.33 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -50.7% | 0.38% | −0.32 |
| VNET Vnet Group Inc.-ADR | Sold out | 0.00% | −0.32 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.31 |
| GRAB Grab Holdings Ltd. Class A | Sold out | 0.00% | −0.30 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.29 |
| U Unity Software Inc. | Sold out | 0.00% | −0.29 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.28 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.28 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.27 |
| GEV GE Vernova Inc. | Reduce -89.2% | 0.03% | −0.27 |
| OKLO Oklo Inc. | Sold out | 0.00% | −0.26 |
| PDD PDD Holdings Inc. | Reduce -97.3% | 0.01% | −0.26 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.25 |
| UBER Uber Technologies Inc. | Reduce -97.2% | 0.01% | −0.23 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.23 |
| GDS GDS Holdings Ltd. - ADR | Sold out | 0.00% | −0.17 |
| AVGO Broadcom Inc. | Reduce -23.4% | 0.72% | −0.17 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.16 |
| ABBV Abbvie Inc. | Reduce -38.9% | 0.20% | −0.13 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.10 |
| HOOD Robinhood Markets Inc. Class A | Reduce -17.1% | 0.19% | −0.10 |
| EWT iShares MSCI Taiwan ETF | Reduce -64.6% | 0.04% | −0.07 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.07 |
| CEG Constellation Energy | Reduce -23.0% | 0.32% | −0.06 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −0.04 |
| XYZ Block Inc. | Sold out | 0.00% | −0.04 |
| BILI Bilibili Inc.-Sponsored ADR | Reduce -3.0% | 0.23% | −0.04 |
| EWY iShares MSCI South Korea ETF | Reduce -68.2% | 0.02% | −0.03 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.03 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.02 |
| EWS iShares MSCI Singapore ETF | Reduce -29.4% | 0.04% | −0.02 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -0.2% | 0.27% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | New | 2.02% | +2.02 |
| GOOGL Alphabet Inc. Class A | Add +65.8% | 2.11% | +1.13 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.86% | +0.86 |
| NVDA Nvidia Corp. | Add +146.5% | 1.06% | +0.63 |
| AAPL Apple Inc. | Add +57.1% | 1.53% | +0.63 |
| EXPE Expedia Group Inc. | New | 0.58% | +0.58 |
| IBM Intl Business Machines Corp. | New | 0.52% | +0.52 |
| ISRG Intuitive Surgical Inc. | New | 0.51% | +0.51 |
| MRK Merck & Co. Inc. | New | 0.51% | +0.51 |
| AMZN Amazon.com Inc. | Add +69.2% | 1.06% | +0.47 |
| MAR Marriott International Class A | New | 0.43% | +0.43 |
| ADBE Adobe Inc. | New | 0.42% | +0.42 |
| GS Goldman Sachs Group Inc. | New | 0.42% | +0.42 |
| UNH Unitedhealth Group Inc. | Add +416.7% | 0.52% | +0.42 |
| MSFT Microsoft Corp. | Add +34.6% | 1.91% | +0.41 |
| CRM Salesforce Inc. | New | 0.39% | +0.39 |
| PEP Pepsico Inc. | New | 0.38% | +0.38 |
| BAC Bank of America Corp. | New | 0.38% | +0.38 |
| MS Morgan Stanley | New | 0.34% | +0.34 |
| ABNB Airbnb Inc. Class A | New | 0.28% | +0.28 |
| PFE Pfizer Inc. | Add +2915.4% | 0.26% | +0.25 |
| LLY Eli Lilly & Co. | Add +216.5% | 0.29% | +0.22 |
| TCOM Trip.com Group Ltd.-ADR | Add +474.0% | 0.26% | +0.21 |
| META Meta Platforms Inc. Class A | Add +57.8% | 0.69% | +0.21 |
| CRCL Circle Internet Group Inc. | Add +142.5% | 0.57% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +34.5% | 0.64% | +0.18 |
| HTHT H World Group Ltd.-ADR | New | 0.18% | +0.18 |
| NFLX Netflix Inc. | New | 0.14% | +0.14 |
| GOOG Alphabet Inc. Class C | Add +26.2% | 0.30% | +0.12 |
| BNY Bank of New York Mellon Corp. | Add +7.9% | 0.47% | +0.07 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| NBIS Nebius Group NV | New | 0.04% | +0.04 |
| MU Micron Technology Inc. | New | 0.04% | +0.04 |
| FLTW Franklin Ftse Taiwan ETF | New | 0.02% | +0.02 |
| EWM iShares MSCI Malaysia ETF | Add +250.0% | 0.02% | +0.01 |
| B Barrick Mining Corp. | New | 0.01% | +0.01 |
| AMAT Applied Materials Inc. | New | 0.01% | +0.01 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.01% | +0.01 |
| IREN Iren Ltd. | Add +185.7% | 0.02% | +0.01 |
| EL Estee Lauder Companies Class A | New | 0.01% | +0.01 |
| HDB HDFC Bank Ltd.-ADR | Add +125.0% | 0.02% | +0.01 |
| LITE Lumentum Holdings Inc. | New | 0.01% | +0.01 |
| UAL United Airlines Holdings Inc. | New | 0.01% | +0.01 |
| GILD Gilead Sciences Inc. | New | 0.01% | +0.01 |
| VZ Verizon Communications Inc. | Add +22.9% | 0.06% | +0.01 |
| COHR Coherent Corp. | New | 0.01% | +0.01 |
| CCL Carnival Corp. | New | 0.01% | +0.01 |
| QCOM Qualcomm Inc. | New | 0.01% | +0.01 |
| MNSO Miniso Group Holding Ltd.-ADR | New | 0.01% | +0.01 |
| EIDO iShares MSCI Indonesia ETF | Add +12.5% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 144 | $634.1M | NVDA, AAPL, MSFT, GOOGL, FLTW |
| Q1 2026 | 117 | $483.3M | NVDA, MSFT, AAPL, GOOGL, FLTW |
| Q4 2025 | 81 | $374.4M | SPY, VOO, GOOGL, QQQ, MSFT |
| Q3 2025 | 86 | $379.3M | SPY, VOO, TSLA, MSFT, COIN |
| Q2 2025 | 54 | $345.1M | SPY, VOO, QQQ, META, TSM |
| Q1 2025 | 49 | $177.6M | META, APP, HOOD, SPOT, NET |
| Q4 2024 | 64 | $326.7M | NVDA, RDDT, APP, VST, META |
| Q3 2024 | 53 | $335.9M | NVDA, TSM, AVGO, VST, META |
| Q2 2024 | 54 | $305.8M | NVDA, VRT, META, MU, ARM |
| Q1 2024 | 60 | $286.3M | NVDA, VRT, META, DELL, VST |