CloudAlpha Capital Management Limited/Hong Kong In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), CloudAlpha Capital Management Limited/Hong Kong reported 39 stock positions worth $811.1 million . Its top holding was Alphabet Class A (GOOGL) at 15.4% of the portfolio, followed by Celestica (CLS, 8.9% ) and Nvidia (NVDA, 7.5% ). Compared with Q1 2025, it opened 21 new positions, sold out of 14, added to 5 and reduced 12. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Nvidia (NVDA, shares −71% ).
Location HONG KONG, K3
CIK 0001745907
Portfolio Value $811.1M (Q2 2025) Holdings 39 stocks · $811.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 GOOGL Alphabet Inc. Class A 711,000 $125.3M New CLS Celestica Inc. 463,310 $72.3M Add +21.1% NVDA Nvidia Corp. 385,314 $60.9M Reduce -70.5% AMD Advanced Micro Devices 417,300 $59.2M New AMZN Amazon.com Inc. 244,248 $53.6M Reduce -22.3% LEU Centrus Energy Corp. Class A 283,027 $51.8M Reduce -26.7% INTC Intel Corp. 2,109,086 $47.2M Reduce -41.6% CRDO Credo Technology Group Holdi 392,623 $36.4M Add +238.6% AAOI Applied Optoelectronics Inc. 1,408,983 $36.2M Add +410.8% AVGO Broadcom Inc. 113,223 $31.2M New SOXL Direx Dail Semi Bu 3X Et-Usd 903,100 $22.7M New CRCL Circle Internet Group Inc. 101,010 $18.3M New VST Vistra Corp. 90,951 $17.6M New SMR Nuscale Power Corp. 430,023 $17.0M Reduce -57.3% LITE Lumentum Holdings Inc. 178,400 $17.0M New TTMI TTM Technologies 414,352 $16.9M New HOOD Robinhood Markets Inc. Class A 141,010 $13.2M Reduce -67.3% SMCI Super Micro Computer Inc. 260,760 $12.8M New ORCL Oracle Corp. 57,500 $12.6M New CRWD CrowdStrike Holdings Inc. Class A 23,016 $11.7M Add +147.8% API Agora Inc.-ADR 2,995,000 $11.4M No change CYBR Cyberark Software Ltd./Israel 27,100 $11.0M New NOW ServiceNow Inc. 10,000 $10.3M New PLTR Palantir Technologies Inc. Class A 58,146 $7.9M Add +23.9% META Meta Platforms Inc. Class A 9,410 $6.9M Reduce -91.3% CRWV Coreweave Inc. Class A 25,400 $4.1M Reduce -83.5% APH Amphenol Corp. Class A 41,400 $4.1M New RKLB Rocket Lab Corp. 113,000 $4.0M New ARM Arm Holdings PLC-ADR 21,924 $3.5M New IREN Iren Ltd. filed as IREN LIMITED 210,000 $3.1M New OKLO Oklo Inc. 52,101 $2.9M Reduce -90.3% SWKS Skyworks Solutions Inc. 32,468 $2.4M New COIN Coinbase Global Inc. Class A 6,298 $2.2M New ENTG Entegris Inc. 15,850 $1.3M New TEM Tempus AI Inc. Class A 15,560 $989K Reduce -97.8% UUUU Energy Fuels Inc. 103,427 $595K New TDOC Teladoc Health Inc. 32,920 $287K Reduce -89.3% MU Micron Technology Inc. 10 $1K Reduce -100.0% MRVL Marvell Technology Inc. 10 $774 New
Options reported separately and not counted above: TSLA puts ($192.2M), SPY puts ($132.8M), AAPL puts ($128.2M), AMZN calls ($82.3M), AVGO calls ($75.1M), SOXX puts ($71.6M), QQQ puts ($66.2M), GOOG calls ($65.6M), XLE puts ($42.4M), INTC puts ($37.0M), ARM calls ($29.9M), UBER puts ($28.0M), and 7 more.
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ NVDA Nvidia Corp. Reduce -70.5% 7.51% −14.10 META Meta Platforms Inc. Class A Reduce -91.3% 0.86% −8.68 INTC Intel Corp. Reduce -41.6% 5.82% −6.69 TEM Tempus AI Inc. Class A Reduce -97.8% 0.12% −5.08 TSLA Tesla Inc. Sold out 0.00% −4.69 SNOW Snowflake Inc. Sold out 0.00% −4.21 HIMS Hims & Hers Health Inc. Sold out 0.00% −3.14 AMZN Amazon.com Inc. Reduce -22.3% 6.61% −2.52 AAPL Apple Inc. Sold out 0.00% −1.78 WAY Waystar Holding Corp. Sold out 0.00% −1.59 OKLO Oklo Inc. Reduce -90.3% 0.36% −1.42 HOOD Robinhood Markets Inc. Class A Reduce -67.3% 1.63% −1.11 GLW Corning Inc. Sold out 0.00% −1.03 MU Micron Technology Inc. Reduce -100.0% 0.00% −0.96 TWLO Twilio Inc. Class A Sold out 0.00% −0.83 SNDK Sandisk Corp. Sold out 0.00% −0.83 OKTA Okta Inc. Sold out 0.00% −0.69 DOCU Docusign Inc. Sold out 0.00% −0.57 RBRK Rubrik Inc. Class A Sold out 0.00% −0.56 LX Lexinfintech Holdings L-ADR Sold out 0.00% −0.46 CRWV Coreweave Inc. Class A Reduce -83.5% 0.51% −0.36 TDOC Teladoc Health Inc. Reduce -89.3% 0.04% −0.34 SDGR Schrodinger Inc. Sold out 0.00% −0.18 SMR Nuscale Power Corp. Reduce -57.3% 2.10% −0.08 BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.00 LEU Centrus Energy Corp. Class A Reduce -26.7% 6.39% +2.73
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ GOOGL Alphabet Inc. Class A New 15.45% +15.45 AMD Advanced Micro Devices New 7.30% +7.30 CLS Celestica Inc. Add +21.1% 8.92% +4.32 AVGO Broadcom Inc. New 3.85% +3.85 AAOI Applied Optoelectronics Inc. Add +410.8% 4.46% +3.82 CRDO Credo Technology Group Holdi Add +238.6% 4.48% +3.77 SOXL Direx Dail Semi Bu 3X Et-Usd New 2.80% +2.80 CRCL Circle Internet Group Inc. New 2.26% +2.26 VST Vistra Corp. New 2.17% +2.17 LITE Lumentum Holdings Inc. New 2.09% +2.09 TTMI TTM Technologies New 2.09% +2.09 SMCI Super Micro Computer Inc. New 1.58% +1.58 ORCL Oracle Corp. New 1.55% +1.55 CYBR Cyberark Software Ltd./Israel New 1.36% +1.36 NOW ServiceNow Inc. New 1.27% +1.27 CRWD CrowdStrike Holdings Inc. Class A Add +147.8% 1.45% +0.95 APH Amphenol Corp. Class A New 0.50% +0.50 RKLB Rocket Lab Corp. New 0.50% +0.50 ARM Arm Holdings PLC-ADR New 0.44% +0.44 IREN Iren Ltd. New 0.38% +0.38 PLTR Palantir Technologies Inc. Class A Add +23.9% 0.98% +0.37 SWKS Skyworks Solutions Inc. New 0.30% +0.30 COIN Coinbase Global Inc. Class A New 0.27% +0.27 ENTG Entegris Inc. New 0.16% +0.16 UUUU Energy Fuels Inc. New 0.07% +0.07 MRVL Marvell Technology Inc. New 0.00% +0.00
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ TSLA Tesla Inc. put Add +656.3% 605,000 $192.2M SPY SS SPDR S&P 500 ETF Trust-US put New 215,000 $132.8M AAPL Apple Inc. put New 625,000 $128.2M NVDA Nvidia Corp. put Sold out 972,500 $105.4Mbefore exit AMZN Amazon.com Inc. call Reduce -61.3% 375,000 $82.3M AVGO Broadcom Inc. call New 272,500 $75.1M SOXX iShares Semiconductor ETF put Add +300.0% 300,000 $71.6M QQQ Invesco QQQ Trust Series 1 put Add +76.5% 120,000 $66.2M GOOG Alphabet Inc. Class C call New 370,000 $65.6M NVDA Nvidia Corp. call Sold out 560,000 $60.7Mbefore exit INTC Intel Corp. call Sold out 1,920,000 $43.6Mbefore exit XLE SS Energy Select Sector put New 500,000 $42.4M INTC Intel Corp. put New 1,650,000 $37.0M IWM iShares Russell 2000 ETF call Sold out 170,000 $33.9Mbefore exit TSLA Tesla Inc. call Sold out 130,000 $33.7Mbefore exit ARM Arm Holdings PLC-ADR call New 185,000 $29.9M UBER Uber Technologies Inc. put New 300,000 $28.0M TSM Taiwan Semiconductor-SP ADR call New 120,000 $27.2M WDC Western Digital Corp. put New 400,000 $25.6M MU Micron Technology Inc. put New 200,000 $24.6M KWEB Kranesh Csi China Internet call Sold out 700,000 $24.4Mbefore exit LITE Lumentum Holdings Inc. call New 250,000 $23.8M CPNG Coupang Inc. put New 750,000 $22.5M MCD McDonald's Corp. call Sold out 70,000 $21.9Mbefore exit MRVL Marvell Technology Inc. call New 262,500 $20.3M VST Vistra Corp. call New 100,000 $19.4M BABA Alibaba Group Holding-SP ADR call Sold out 130,000 $17.2Mbefore exit XRT SS SPDR S&P Retail ETF put Sold out 120,000 $8.3Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 24 $1.0B AMD, LRCX, TSLA, MRVL, VSH Q1 2026 37 $909.5M LITE, CRCL, MOD, COHR, MSFT Q4 2025 43 $1.1B TSLA, NVDA, GOOGL, ASML, LITE Q3 2025 33 $1.1B NVDA, TSLA, GOOGL, ETHU, MU Q2 2025 39 $811.1M GOOGL, CLS, NVDA, AMD, AMZN Q1 2025 32 $655.6M NVDA, INTC, META, AMZN, TEM Q4 2024 24 $480.5M AMZN, NVDA, AVGO, LEU, AAPL Q3 2024 29 $716.6M META, NVDA, TSLA, AMZN, VST Q2 2024 21 $702.7M NVDA, AAPL, TSLA, AMZN, META Q1 2024 Amended 30 $737.4M NVDA, TSLA, META, AMZN, MSFT