FengHe Fund Management Pte. Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), FengHe Fund Management Pte. Ltd. reported 31 stock positions worth $723.6 million. Its top holding was MKS (MKSI) at 14.5% of the portfolio, followed by BWX Technologies (BWXT, 11.1%) and Teradyne (TER, 8.1%). Compared with Q4 2025, it opened 10 new positions, sold out of 17, added to 4 and reduced 15. The biggest buy was a new position in MKS (MKSI) and the biggest sale an exit from Sandisk (SNDK).
- Most Recent 13F
- Q2 2026
- Location
- Singapore, U0
- CIK
- 0001660531
- Portfolio Value
- $723.6M (Q1 2026)
- SEC Filing
- 0001172661-26-002020 ↗ filed May 15, 2026
Holdings Value
Holdings 31 stocks · $723.6M
| MKSI MKS Inc. | 14.49% | 456,329 | $104.9M | New |
| BWXT BWX Technologies Inc. | 11.11% | 393,200 | $80.4M | New |
| TER Teradyne Inc. | 8.06% | 196,765 | $58.3M | New |
| ONON On Holding AG Class A filed as ON HLDG AG | 7.99% | 1,699,520 | $57.8M | Reduce -44.5% |
| TSM Taiwan Semiconductor-SP ADR | 5.18% | 110,850 | $37.5M | Reduce -64.8% |
| GOOGL Alphabet Inc. Class A | 5.15% | 129,485 | $37.2M | Reduce -75.1% |
| SITM Sitime Corp. | 5.14% | 107,695 | $37.2M | Reduce -16.1% |
| LITE Lumentum Holdings Inc. | 5.13% | 52,800 | $37.1M | Reduce -72.5% |
| LHX L3HARRIS Technologies Inc. | 4.86% | 101,860 | $35.2M | Reduce -62.3% |
| CIEN Ciena Corp. | 4.79% | 89,254 | $34.7M | Reduce -86.5% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 4.44% | 24,302 | $32.1M | Add +155.8% |
| MTSI Macom Technology Solutions H | 3.39% | 110,526 | $24.5M | Reduce -79.1% |
| AMD Advanced Micro Devices | 2.99% | 106,340 | $21.6M | Add +46.1% |
| AVGO Broadcom Inc. | 2.54% | 59,285 | $18.3M | Reduce -79.5% |
| MOD Modine Manufacturing Co. | 1.88% | 62,700 | $13.6M | New |
| ALNY Alnylam Pharmaceuticals Inc. | 1.49% | 32,500 | $10.8M | Reduce -85.1% |
| CRS Carpenter Technology | 1.36% | 25,000 | $9.9M | Reduce -78.5% |
| MSFT Microsoft Corp. | 1.34% | 26,200 | $9.7M | New |
| ADI Analog Devices Inc. | 1.32% | 29,985 | $9.5M | Reduce -48.5% |
| CRDO Credo Technology Group Holdi | 1.25% | 96,100 | $9.0M | Reduce -40.8% |
| ALAB Astera Labs Inc. | 1.13% | 74,280 | $8.1M | Reduce -38.6% |
| AA Alcoa Corp. | 1.01% | 110,062 | $7.3M | New |
| B Barrick Mining Corp. | 0.79% | 140,750 | $5.7M | New |
| BABA Alibaba Group Holding-SP ADR | 0.76% | 43,800 | $5.5M | No change |
| NVDA Nvidia Corp. | 0.75% | 31,200 | $5.4M | Add +15.1% |
| WWD Woodward Inc. | 0.68% | 13,700 | $4.9M | New |
| TAL Tal Education Group- ADR filed as TAL ED GROUP | 0.25% | 161,900 | $1.8M | Reduce -79.7% |
| JOYY Joyy Inc.-ADR | 0.22% | 27,000 | $1.6M | New |
| NTES Netease Inc.-ADR | 0.19% | 12,400 | $1.4M | No change |
| SE Sea Ltd.-ADR | 0.18% | 15,800 | $1.3M | Add +37.4% |
| TME Tencent Music Entertainm-ADR | 0.16% | 125,100 | $1.2M | New |
Portfolio Sells Q4 2025 → Q1 2026
| SNDK Sandisk Corp. | Sold out | 0.00% | −5.77 |
| U Unity Software Inc. | Sold out | 0.00% | −4.31 |
| GOOGL Alphabet Inc. Class A | Reduce -75.1% | 5.15% | −4.02 |
| CIEN Ciena Corp. | Reduce -86.5% | 4.79% | −3.91 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −3.57 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -85.1% | 1.49% | −3.41 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −3.10 |
| AVGO Broadcom Inc. | Reduce -79.5% | 2.54% | −3.09 |
| GLW Corning Inc. | Sold out | 0.00% | −2.88 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −2.49 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −2.19 |
| WRD Weride Inc.-ADR | Sold out | 0.00% | −2.04 |
| BA The Boeing Co. | Sold out | 0.00% | −2.00 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −1.99 |
| MTSI Macom Technology Solutions H | Reduce -79.1% | 3.39% | −1.71 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −1.45 |
| ARWR Arrowhead Pharmaceuticals Inc. | Sold out | 0.00% | −1.00 |
| CRS Carpenter Technology | Reduce -78.5% | 1.36% | −0.70 |
| DQ Daqo New Energy Corp.-ADR | Sold out | 0.00% | −0.34 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.30 |
| TAL Tal Education Group- ADR | Reduce -79.7% | 0.25% | −0.24 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -64.8% | 5.18% | −0.21 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.19 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.16 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.15 |
| CRDO Credo Technology Group Holdi | Reduce -40.8% | 1.25% | −0.07 |
| ONON On Holding AG Class A | Reduce -44.5% | 7.99% | −0.03 |
| ALAB Astera Labs Inc. | Reduce -38.6% | 1.13% | −0.01 |
| LHX L3HARRIS Technologies Inc. | Reduce -62.3% | 4.86% | +0.39 |
| ADI Analog Devices Inc. | Reduce -48.5% | 1.32% | +0.43 |
| LITE Lumentum Holdings Inc. | Reduce -72.5% | 5.13% | +1.14 |
| SITM Sitime Corp. | Reduce -16.1% | 5.14% | +2.59 |
Portfolio Buys Q4 2025 → Q1 2026
| MKSI MKS Inc. | New | 14.49% | +14.49 |
| BWXT BWX Technologies Inc. | New | 11.11% | +11.11 |
| TER Teradyne Inc. | New | 8.06% | +8.06 |
| ASML ASML Holding NV-NY Reg SHS | Add +155.8% | 4.44% | +3.86 |
| AMD Advanced Micro Devices | Add +46.1% | 2.99% | +2.11 |
| MOD Modine Manufacturing Co. | New | 1.88% | +1.88 |
| MSFT Microsoft Corp. | New | 1.34% | +1.34 |
| AA Alcoa Corp. | New | 1.01% | +1.01 |
| B Barrick Mining Corp. | New | 0.79% | +0.79 |
| WWD Woodward Inc. | New | 0.68% | +0.68 |
| NVDA Nvidia Corp. | Add +15.1% | 0.75% | +0.47 |
| JOYY Joyy Inc.-ADR | New | 0.22% | +0.22 |
| TME Tencent Music Entertainm-ADR | New | 0.16% | +0.16 |
| SE Sea Ltd.-ADR | Add +37.4% | 0.18% | +0.10 |
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 |