CloudAlpha Capital Management Limited/Hong Kong In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), CloudAlpha Capital Management Limited/Hong Kong reported 33 stock positions worth $1.1 billion . Its top holding was Nvidia (NVDA) at 20.8% of the portfolio, followed by Tesla (TSLA, 15.1% ) and Alphabet Class A (GOOGL, 9.6% ). Compared with Q2 2025, it opened 19 new positions, sold out of 25, added to 5 and reduced 9. The biggest buy was a new position in Tesla (TSLA) and the biggest sale an exit from Celestica (CLS).
Location HONG KONG, K3
CIK 0001745907
Portfolio Value $1.1B (Q3 2025) Holdings 33 stocks · $1.1B 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 Q2 2025 NVDA Nvidia Corp. 1,238,027 $231.0M Add +221.3% TSLA Tesla Inc. 378,285 $168.2M New GOOGL Alphabet Inc. Class A 440,300 $107.0M Reduce -38.1% ETHU 2X Ether ETF 490,300 $63.7M New MU Micron Technology Inc. 324,610 $54.3M Add +3246000.0% NBIS Nebius Group NV 371,310 $41.7M New LEU Centrus Energy Corp. Class A 129,433 $40.1M Reduce -54.3% CRCL Circle Internet Group Inc. 283,964 $37.6M Add +181.1% HOOD Robinhood Markets Inc. Class A 237,661 $34.0M Add +68.5% SBET Sharplink Inc. 1,811,414 $30.8M New AVGO Broadcom Inc. 86,610 $28.6M Reduce -23.5% LRCX Lam Research Corp. 210,200 $28.1M New AAOI Applied Optoelectronics Inc. 1,078,750 $28.0M Reduce -23.4% COHR Coherent Corp. 225,318 $24.3M New SNDK Sandisk Corp. 213,813 $24.0M New LITE Lumentum Holdings Inc. 134,346 $21.9M Reduce -24.7% CIEN Ciena Corp. 143,200 $20.9M New ONTO Onto Innovation Inc. 161,368 $20.9M New CRWV Coreweave Inc. Class A 141,948 $19.4M Add +458.9% RMBS Rambus Inc. 165,800 $17.3M New TSM Taiwan Semiconductor-SP ADR 37,561 $10.5M New ORCL Oracle Corp. 34,600 $9.7M Reduce -39.8% AMAT Applied Materials Inc. 46,186 $9.5M New SUPX Superx AI Technology Ltd. 142,624 $9.2M New BE Bloom Energy Corp. Class A 88,400 $7.5M New API Agora Inc.-ADR 1,687,075 $6.4M Reduce -43.7% AVAV Aerovironment Inc. 16,800 $5.3M New CRDO Credo Technology Group Holdi 34,300 $5.0M Reduce -91.3% IREN Iren Ltd. filed as IREN LIMITED 66,268 $3.1M Reduce -68.4% RIOT Riot Platforms Inc. 78,500 $1.5M New U Unity Software Inc. 31,232 $1.3M New KLIC Kulicke & Soffa Industries 30,752 $1.2M New CCJ Cameco Corp. 14,625 $1.2M New
Options reported separately and not counted above: NVDA calls ($505.6M), TSLA calls ($309.5M), QQQ puts ($279.2M), GOOG calls ($60.9M), AMD puts ($55.6M), SOXX puts ($51.5M), KLAC calls ($51.2M), XRT puts ($47.4M), AVGO puts ($42.9M), MU calls ($41.8M), LITE calls ($41.7M), ONTO calls ($32.3M), and 10 more.
Portfolio Sells Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▲ CLS Celestica Inc. Sold out 0.00% −8.92 AMD Advanced Micro Devices Sold out 0.00% −7.30 AMZN Amazon.com Inc. Sold out 0.00% −6.61 GOOGL Alphabet Inc. Class A Reduce -38.1% 9.62% −5.83 INTC Intel Corp. Sold out 0.00% −5.82 CRDO Credo Technology Group Holdi Reduce -91.3% 0.45% −4.03 SOXL Direx Dail Semi Bu 3X Et-Usd Sold out 0.00% −2.80 LEU Centrus Energy Corp. Class A Reduce -54.3% 3.61% −2.79 VST Vistra Corp. Sold out 0.00% −2.17 SMR Nuscale Power Corp. Sold out 0.00% −2.10 TTMI TTM Technologies Sold out 0.00% −2.09 AAOI Applied Optoelectronics Inc. Reduce -23.4% 2.51% −1.95 SMCI Super Micro Computer Inc. Sold out 0.00% −1.58 CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −1.45 CYBR Cyberark Software Ltd./Israel Sold out 0.00% −1.36 AVGO Broadcom Inc. Reduce -23.5% 2.57% −1.28 NOW ServiceNow Inc. Sold out 0.00% −1.27 PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.98 META Meta Platforms Inc. Class A Sold out 0.00% −0.86 API Agora Inc.-ADR Reduce -43.7% 0.58% −0.83 ORCL Oracle Corp. Reduce -39.8% 0.87% −0.68 APH Amphenol Corp. Class A Sold out 0.00% −0.50 RKLB Rocket Lab Corp. Sold out 0.00% −0.50 ARM Arm Holdings PLC-ADR Sold out 0.00% −0.44 OKLO Oklo Inc. Sold out 0.00% −0.36 SWKS Skyworks Solutions Inc. Sold out 0.00% −0.30 COIN Coinbase Global Inc. Class A Sold out 0.00% −0.27 ENTG Entegris Inc. Sold out 0.00% −0.16 LITE Lumentum Holdings Inc. Reduce -24.7% 1.96% −0.13 TEM Tempus AI Inc. Class A Sold out 0.00% −0.12 IREN Iren Ltd. Reduce -68.4% 0.28% −0.10 UUUU Energy Fuels Inc. Sold out 0.00% −0.07 TDOC Teladoc Health Inc. Sold out 0.00% −0.04 MRVL Marvell Technology Inc. Sold out 0.00% −0.00
Portfolio Buys Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▼ TSLA Tesla Inc. New 15.11% +15.11 NVDA Nvidia Corp. Add +221.3% 20.75% +13.24 ETHU 2X Ether ETF New 5.72% +5.72 MU Micron Technology Inc. Add +3246000.0% 4.88% +4.88 NBIS Nebius Group NV New 3.74% +3.74 SBET Sharplink Inc. New 2.77% +2.77 LRCX Lam Research Corp. New 2.53% +2.53 COHR Coherent Corp. New 2.18% +2.18 SNDK Sandisk Corp. New 2.15% +2.15 CIEN Ciena Corp. New 1.87% +1.87 ONTO Onto Innovation Inc. New 1.87% +1.87 RMBS Rambus Inc. New 1.55% +1.55 HOOD Robinhood Markets Inc. Class A Add +68.5% 3.06% +1.43 CRWV Coreweave Inc. Class A Add +458.9% 1.75% +1.23 CRCL Circle Internet Group Inc. Add +181.1% 3.38% +1.12 TSM Taiwan Semiconductor-SP ADR New 0.94% +0.94 AMAT Applied Materials Inc. New 0.85% +0.85 SUPX Superx AI Technology Ltd. New 0.83% +0.83 BE Bloom Energy Corp. Class A New 0.67% +0.67 AVAV Aerovironment Inc. New 0.48% +0.48 RIOT Riot Platforms Inc. New 0.13% +0.13 KLIC Kulicke & Soffa Industries New 0.11% +0.11 U Unity Software Inc. New 0.11% +0.11 CCJ Cameco Corp. New 0.11% +0.11
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ NVDA Nvidia Corp. call New 2,710,000 $505.6M TSLA Tesla Inc. call New 696,000 $309.5M QQQ Invesco QQQ Trust Series 1 put Add +287.5% 465,000 $279.2M TSLA Tesla Inc. put Sold out 605,000 $192.2Mbefore exit SPY SS SPDR S&P 500 ETF Trust-US put Sold out 215,000 $132.8Mbefore exit AAPL Apple Inc. put Sold out 625,000 $128.2Mbefore exit AMZN Amazon.com Inc. call Sold out 375,000 $82.3Mbefore exit AVGO Broadcom Inc. call Sold out 272,500 $75.1Mbefore exit GOOG Alphabet Inc. Class C call Reduce -32.4% 250,000 $60.9M AMD Advanced Micro Devices put New 343,500 $55.6M SOXX iShares Semiconductor ETF put Reduce -36.7% 190,000 $51.5M KLAC KLA Corp. call New 47,500 $51.2M XRT SS SPDR S&P Retail ETF put New 550,000 $47.4M AVGO Broadcom Inc. put New 130,000 $42.9M XLE SS Energy Select Sector put Sold out 500,000 $42.4Mbefore exit MU Micron Technology Inc. call New 250,000 $41.8M LITE Lumentum Holdings Inc. call Add +2.4% 256,000 $41.7M INTC Intel Corp. put Sold out 1,650,000 $37.0Mbefore exit ONTO Onto Innovation Inc. call New 250,000 $32.3M CVNA Carvana Co. put New 80,000 $30.2M ARM Arm Holdings PLC-ADR call Sold out 185,000 $29.9Mbefore exit ALAB Astera Labs Inc. call New 152,000 $29.8M UBER Uber Technologies Inc. put Sold out 300,000 $28.0Mbefore exit TSM Taiwan Semiconductor-SP ADR call Sold out 120,000 $27.2Mbefore exit WDC Western Digital Corp. put Sold out 400,000 $25.6Mbefore exit MU Micron Technology Inc. put Sold out 200,000 $24.6Mbefore exit CPNG Coupang Inc. put Sold out 750,000 $22.5Mbefore exit INTC Intel Corp. call New 640,000 $21.5M MRVL Marvell Technology Inc. call Sold out 262,500 $20.3Mbefore exit VST Vistra Corp. call Sold out 100,000 $19.4Mbefore exit GTLB Gitlab Inc. Class A call New 300,000 $13.5M LRCX Lam Research Corp. call New 100,000 $13.4M DDOG Datadog Inc. Class A put New 85,000 $12.1M CRDO Credo Technology Group Holdi put New 70,000 $10.2M SNDK Sandisk Corp. call New 80,000 $9.0M CRWV Coreweave Inc. Class A call New 40,000 $5.5M COHR Coherent Corp. call New 50,000 $5.4M
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