FengHe Fund Management Pte. Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), FengHe Fund Management Pte. Ltd. reported 25 stock positions worth $266.7 million. Its top holding was Universal Display (OLED) at 15.4% of the portfolio, followed by Vertiv Class A (VRT, 12.5%) and Taiwan Semiconductor-SP ADR (TSM, 9.2%). Compared with Q4 2024, it opened 16 new positions, sold out of 6, added to 3 and reduced 5. The biggest buy was a new position in Universal Display (OLED) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- Singapore, U0
- CIK
- 0001660531
- Portfolio Value
- $266.7M (Q1 2025)
- SEC Filing
- 0001172661-25-001720 ↗ filed May 13, 2025
Holdings Value
Holdings 25 stocks · $266.7M
| OLED Universal Display Corp. | 15.43% | 295,000 | $41.1M | New |
| VRT Vertiv Holdings Co. Class A | 12.52% | 462,450 | $33.4M | New |
| TSM Taiwan Semiconductor-SP ADR | 9.19% | 147,600 | $24.5M | Reduce -67.0% |
| QCOM Qualcomm Inc. | 5.59% | 97,100 | $14.9M | New |
| NVDA Nvidia Corp. | 5.18% | 127,600 | $13.8M | Add +120.4% |
| GEHC GE Healthcare Technology | 5.16% | 170,600 | $13.8M | New |
| CFLT Confluent Inc. Class A | 4.87% | 554,136 | $13.0M | New |
| BTDR Bitdeer Technologies Group-A | 4.41% | 1,332,200 | $11.8M | Add +178.2% |
| RBLX Roblox Corp. Class A | 4.13% | 188,900 | $11.0M | New |
| TAL Tal Education Group- ADR | 3.96% | 800,021 | $10.6M | Reduce -79.4% |
| NKE Nike Inc. Class B | 3.81% | 160,200 | $10.2M | New |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 2.96% | 392,500 | $7.9M | New |
| AMD Advanced Micro Devices | 2.78% | 72,200 | $7.4M | Reduce -83.4% |
| U Unity Software Inc. | 2.69% | 365,600 | $7.2M | Add +67.6% |
| BABA Alibaba Group Holding-SP ADR | 2.59% | 52,200 | $6.9M | Reduce -89.5% |
| EPAM Epam Systems Inc. | 2.45% | 38,700 | $6.5M | New |
| NTES Netease Inc.-ADR | 2.08% | 54,000 | $5.6M | Reduce -84.2% |
| ARM Arm Holdings PLC-ADR | 2.00% | 50,000 | $5.3M | New |
| DQ Daqo New Energy Corp.-ADR | 1.74% | 256,076 | $4.6M | No change |
| BZ Kanzhun Ltd. - ADR | 1.67% | 232,800 | $4.5M | New |
| INTC Intel Corp. | 1.17% | 137,600 | $3.1M | New |
| SNDK Sandisk Corp. | 0.95% | 53,266 | $2.5M | New |
| DDOG Datadog Inc. Class A | 0.92% | 24,700 | $2.5M | New |
| WDC Western Digital Corp. | 0.88% | 57,900 | $2.3M | New |
| COIN Coinbase Global Inc. Class A | 0.87% | 13,500 | $2.3M | New |
Portfolio Sells Q4 2024 → Q1 2025
| TSM Taiwan Semiconductor-SP ADR | Reduce -67.0% | 9.19% | −16.87 |
| AMD Advanced Micro Devices | Reduce -83.4% | 2.78% | −12.75 |
| BABA Alibaba Group Holding-SP ADR | Reduce -89.5% | 2.59% | −9.86 |
| GLW Corning Inc. | Sold out | 0.00% | −8.16 |
| TAL Tal Education Group- ADR | Reduce -79.4% | 3.96% | −7.51 |
| NTES Netease Inc.-ADR | Reduce -84.2% | 2.08% | −6.93 |
| TER Teradyne Inc. | Sold out | 0.00% | −4.29 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −2.20 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −1.24 |
| VSXY Victoria's Secret & Co. | Sold out | 0.00% | −0.72 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.61 |
Portfolio Buys Q4 2024 → Q1 2025
| OLED Universal Display Corp. | New | 15.43% | +15.43 |
| VRT Vertiv Holdings Co. Class A | New | 12.52% | +12.52 |
| QCOM Qualcomm Inc. | New | 5.59% | +5.59 |
| GEHC GE Healthcare Technology | New | 5.16% | +5.16 |
| CFLT Confluent Inc. Class A | New | 4.87% | +4.87 |
| RBLX Roblox Corp. Class A | New | 4.13% | +4.13 |
| NKE Nike Inc. Class B | New | 3.81% | +3.81 |
| BEKE Ke Holdings Inc.-ADR | New | 2.96% | +2.96 |
| NVDA Nvidia Corp. | Add +120.4% | 5.18% | +2.89 |
| EPAM Epam Systems Inc. | New | 2.45% | +2.45 |
| ARM Arm Holdings PLC-ADR | New | 2.00% | +2.00 |
| BZ Kanzhun Ltd. - ADR | New | 1.67% | +1.67 |
| BTDR Bitdeer Technologies Group-A | Add +178.2% | 4.41% | +1.35 |
| U Unity Software Inc. | Add +67.6% | 2.69% | +1.24 |
| INTC Intel Corp. | New | 1.17% | +1.17 |
| SNDK Sandisk Corp. | New | 0.95% | +0.95 |
| DDOG Datadog Inc. Class A | New | 0.92% | +0.92 |
| WDC Western Digital Corp. | New | 0.88% | +0.88 |
| COIN Coinbase Global Inc. Class A | New | 0.87% | +0.87 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $1.1B | MKSI, TXN, CRDO, HWM, TSM |
| Q1 2026 | 31 | $723.6M | MKSI, BWXT, TER, ONON, TSM |
| Q4 2025 | 38 | $1.8B | GOOGL, CIEN, ONON, SNDK, AVGO |
| Q3 2025 | 35 | $1.1B | TSM, AMD, LITE, ALAB, TTMI |
| Q2 2025 | 22 | $610.3M | ALAB, AMD, CRDO, MRVL, OLED |
| Q1 2025 | 25 | $266.7M | OLED, VRT, TSM, QCOM, NVDA |
| Q4 2024 | 15 | $338.9M | TSM, AMD, BABA, TAL, NTES |
| Q3 2024 | 18 | $338.3M | TSM, TSLA, TAL, SNPS, NVDA |
| Q2 2024 | 22 | $716.9M | WDC, CDNS, NVDA, TSM, SNPS |
| Q1 2024 | 25 | $793.9M | WDC, CDNS, TSM, SNPS, LITE |