GF Fund Management Co. LTD.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), GF Fund Management Co. LTD. reported 587 stock positions worth $8.3 billion. Its top holding was Sandisk (SNDK) at 8.9% of the portfolio, followed by Micron Technology (MU, 6.2%) and Nvidia (NVDA, 5.6%). Compared with Q1 2026, it opened 19 new positions, sold out of 57, added to 131 and reduced 425. The biggest buy was Advanced Micro Devices (AMD, shares +88%) and the biggest sale Lumentum (LITE, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- GUANGZHOU, F4
- CIK
- 0002057060
- Portfolio Value
- $8.3B (Q2 2026)
- SEC Filing
- 0002057060-26-000006 ↗ filed Aug 7, 2026
Holdings Value
Holdings 587 stocks · $8.3B
| SNDK Sandisk Corp. | 8.88% | 325,682 | $740.5M | Reduce -1.0% |
| MU Micron Technology Inc. | 6.20% | 448,075 | $517.2M | Reduce -0.3% |
| NVDA Nvidia Corp. | 5.61% | 2,336,742 | $467.6M | Reduce -1.0% |
| AAPL Apple Inc. | 4.94% | 1,423,923 | $412.0M | Reduce -2.2% |
| AMD Advanced Micro Devices | 4.31% | 619,172 | $359.7M | Add +87.5% |
| LRCX Lam Research Corp. | 3.58% | 688,419 | $298.3M | Add +4.3% |
| AMZN Amazon.com Inc. | 3.55% | 1,241,232 | $295.8M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 3.41% | 803,600 | $283.9M | Reduce -0.2% |
| AMAT Applied Materials Inc. | 3.25% | 374,268 | $270.6M | Add +58.2% |
| AVGO Broadcom Inc. | 2.84% | 625,760 | $236.4M | Add +8.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 2.55% | 107,010 | $212.9M | Add +3.2% |
| MSFT Microsoft Corp. | 2.43% | 543,732 | $202.8M | Reduce -16.2% |
| INIO Innio NV | 2.36% | 4,970,000 | $196.6M | New |
| TER Teradyne Inc. | 2.11% | 362,931 | $175.6M | Add +20.2% |
| TSLA Tesla Inc. | 1.89% | 374,911 | $157.7M | Reduce -25.1% |
| GOOGL Alphabet Inc. Class A | 1.85% | 430,477 | $153.8M | Add +0.3% |
| INTC Intel Corp. | 1.80% | 1,073,321 | $149.9M | Reduce -11.2% |
| META Meta Platforms Inc. Class A | 1.56% | 230,625 | $129.9M | Reduce -11.5% |
| FORM Formfactor Inc. | 1.49% | 776,000 | $124.1M | Add +6366.7% |
| STX Seagate Technology Holdings | 1.41% | 121,597 | $117.3M | Add +177.8% |
| WMT Walmart Inc. | 1.34% | 989,168 | $112.0M | Reduce -15.4% |
| CSCO Cisco Systems Inc. | 1.12% | 795,971 | $93.5M | Reduce -1.7% |
| ONTO Onto Innovation Inc. | 1.04% | 228,000 | $86.3M | New |
| COST Costco Wholesale Corp. | 1.01% | 89,596 | $83.8M | Reduce -1.9% |
| KLAC KLA Corp. | 0.98% | 269,481 | $81.3M | No change |
| PDD PDD Holdings Inc. | 0.83% | 907,898 | $69.3M | Add +9.3% |
| CBRS Cerebras Systems Inc. Class A | 0.79% | 297,940 | $65.8M | New |
| PANW Palo Alto Networks Inc. | 0.74% | 181,601 | $61.9M | Add +13.8% |
| NFLX Netflix Inc. | 0.73% | 850,369 | $60.7M | Reduce -0.5% |
| TSEM Tower Semiconductor Ltd. | 0.71% | 225,856 | $58.9M | Reduce -80.3% |
| MRVL Marvell Technology Inc. | 0.67% | 187,949 | $56.0M | Add +6.4% |
| TXN Texas Instruments Inc. | 0.66% | 183,793 | $54.8M | Reduce -1.5% |
| PLTR Palantir Technologies Inc. Class A | 0.65% | 464,085 | $54.1M | Reduce -0.4% |
| WDC Western Digital Corp. | 0.64% | 84,107 | $53.7M | Add +20.0% |
| LIN Linde PLC | 0.59% | 94,006 | $48.8M | Reduce -0.6% |
| QCOM Qualcomm Inc. | 0.56% | 254,344 | $47.0M | Add +15.9% |
| AMGN Amgen Inc. | 0.56% | 129,406 | $46.9M | Reduce -2.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.52% | 56,932 | $43.4M | Reduce -0.0% |
| ARM Arm Holdings PLC-ADR | 0.51% | 119,924 | $42.5M | Add +323.0% |
| ADI Analog Devices Inc. | 0.47% | 98,367 | $39.1M | Reduce -2.0% |
| GILD Gilead Sciences Inc. | 0.45% | 300,113 | $37.9M | Reduce -2.6% |
| PEP Pepsico Inc. | 0.45% | 276,018 | $37.4M | Reduce -1.5% |
| BKNG Booking Holdings Inc. | 0.45% | 209,337 | $37.3M | Reduce -1.9% |
| TMUS T-Mobile US Inc. | 0.44% | 218,551 | $36.7M | Reduce -2.1% |
| NBIS Nebius Group NV | 0.44% | 131,578 | $36.3M | Add +90.3% |
| ROST Ross Stores Inc. | 0.42% | 163,873 | $34.9M | Add +0.4% |
| LITE Lumentum Holdings Inc. | 0.39% | 37,935 | $32.6M | Reduce -86.6% |
| ISRG Intuitive Surgical Inc. | 0.39% | 81,429 | $32.4M | Reduce -1.2% |
| APP AppLovin Corp. Class A | 0.38% | 61,743 | $31.8M | Reduce -24.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.37% | 62,678 | $31.1M | Reduce -3.0% |
| SHOP Shopify Inc. Class A | 0.34% | 246,294 | $28.1M | Reduce -1.7% |
| LLY Eli Lilly & Co. | 0.32% | 22,453 | $26.9M | Reduce -3.4% |
| HOOD Robinhood Markets Inc. Class A | 0.28% | 234,881 | $23.6M | Add +21.6% |
| SBUX Starbucks Corp. | 0.28% | 230,161 | $23.5M | Reduce -1.2% |
| VICR Vicor Corp. | 0.28% | 60,972 | $23.2M | Reduce -47.1% |
| FTNT Fortinet Inc. | 0.27% | 147,958 | $22.7M | Reduce -2.9% |
| CDNS Cadence Design SYS Inc. | 0.25% | 55,701 | $20.9M | Reduce -0.1% |
| COP Conocophillips | 0.25% | 200,838 | $20.9M | Reduce -40.1% |
| SMTC Semtech Corp. | 0.25% | 127,000 | $20.6M | New |
| MAR Marriott International Class A | 0.24% | 53,252 | $19.7M | Reduce -3.2% |
| MNST Monster Beverage Corp. | 0.23% | 197,508 | $19.0M | Reduce -1.4% |
| CEG Constellation Energy | 0.22% | 72,942 | $18.1M | Reduce -8.3% |
| ADP Automatic Data Processing | 0.22% | 80,727 | $18.1M | Reduce -2.6% |
| CSX CSX Corp. | 0.21% | 375,251 | $17.8M | Reduce -1.7% |
| CMCSA Comcast Corp. Class A | 0.21% | 719,503 | $17.7M | Reduce -3.4% |
| DDOG Datadog Inc. Class A | 0.21% | 66,810 | $17.4M | Add +0.2% |
| MELI MercadoLibre Inc. | 0.21% | 10,239 | $17.4M | Reduce -14.1% |
| SNPS Synopsys Inc. | 0.21% | 38,669 | $17.2M | Reduce -21.4% |
| ADBE Adobe Inc. | 0.20% | 81,831 | $16.8M | Reduce -11.8% |
| ALAB Astera Labs Inc. | 0.20% | 34,616 | $16.7M | New |
| JNJ Johnson & Johnson | 0.20% | 65,712 | $16.7M | Add +7.2% |
| REGN Regeneron Pharmaceuticals | 0.19% | 25,824 | $16.1M | Reduce -8.7% |
| ORLY O'reilly Automotive Inc. | 0.18% | 167,359 | $15.4M | Reduce -3.3% |
| DASH DoorDash Inc. Class A | 0.18% | 83,069 | $15.3M | Reduce -0.2% |
| FANG Diamondback Energy Inc. | 0.18% | 86,304 | $15.2M | Reduce -19.7% |
| AEP American Electric Power | 0.18% | 109,882 | $15.0M | Reduce -2.1% |
| MDLZ Mondelez International Inc. Class A | 0.18% | 259,233 | $15.0M | Reduce -2.0% |
| INTU Intuit Inc. | 0.17% | 55,632 | $14.5M | Reduce -3.1% |
| NXPI NXP Semiconductors NV | 0.17% | 50,987 | $14.3M | Reduce -1.1% |
| HON Honeywell International Inc. | 0.17% | 63,983 | $14.3M | Reduce -1.6% |
| AEIS Advanced Energy Industries | 0.17% | 37,959 | $14.2M | New |
| HONA Honeywell Aerospace Inc. | 0.17% | 63,982 | $14.1M | Reduce -1.6% |
| CTAS Cintas Corp. | 0.16% | 80,798 | $13.7M | Reduce -1.9% |
| MPWR Monolithic Power Systems Inc. | 0.16% | 9,921 | $13.7M | Add +1.1% |
| WBD Warner Bros Discovery Inc. | 0.16% | 506,315 | $13.5M | Reduce -0.3% |
| KLIC Kulicke & Soffa Industries | 0.16% | 97,479 | $13.0M | New |
| SPCX Space Exploration Techn Class A | 0.16% | 76,009 | $13.0M | New |
| PCAR Paccar Inc. | 0.15% | 106,283 | $12.8M | Reduce -1.3% |
| VLO Valero Energy Corp. | 0.15% | 48,950 | $12.7M | Add +14.0% |
| MPC Marathon Petroleum Corp. | 0.15% | 48,126 | $12.3M | Reduce -25.9% |
| RKLB Rocket Lab Corp. | 0.15% | 120,526 | $12.3M | Reduce -7.0% |
| ABBV Abbvie Inc. | 0.15% | 48,257 | $12.1M | Add +1.1% |
| ABNB Airbnb Inc. Class A | 0.14% | 84,401 | $12.1M | Reduce -3.2% |
| CRWV Coreweave Inc. Class A | 0.14% | 119,507 | $11.9M | Add +215.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.14% | 24,600 | $11.7M | Reduce -38.4% |
| CIEN Ciena Corp. | 0.14% | 23,000 | $11.3M | Reduce -78.7% |
| FAST Fastenal Co. | 0.13% | 231,845 | $11.1M | Reduce -1.4% |
| BKR Baker Hughes Co. | 0.13% | 200,348 | $11.1M | Reduce -0.9% |
| MCHP Microchip Technology Inc. | 0.12% | 113,882 | $10.4M | Reduce -1.1% |
| EA Electronic Arts Inc. | 0.12% | 50,639 | $10.4M | Reduce -1.2% |
Portfolio Sells Q1 2026 → Q2 2026
| LITE Lumentum Holdings Inc. | Reduce -86.6% | 0.39% | −2.94 |
| TSEM Tower Semiconductor Ltd. | Reduce -80.3% | 0.71% | −2.65 |
| MSFT Microsoft Corp. | Reduce -16.2% | 2.43% | −1.58 |
| NVDA Nvidia Corp. | Reduce -1.0% | 5.61% | −1.27 |
| AAPL Apple Inc. | Reduce -2.2% | 4.94% | −1.24 |
| TSLA Tesla Inc. | Reduce -25.1% | 1.89% | −1.22 |
| WMT Walmart Inc. | Reduce -15.4% | 1.34% | −1.09 |
| META Meta Platforms Inc. Class A | Reduce -11.5% | 1.56% | −0.93 |
| NFLX Netflix Inc. | Reduce -0.5% | 0.73% | −0.65 |
| CIEN Ciena Corp. | Reduce -78.7% | 0.14% | −0.57 |
| COST Costco Wholesale Corp. | Reduce -1.9% | 1.01% | −0.52 |
| PLTR Palantir Technologies Inc. Class A | Reduce -0.4% | 0.65% | −0.49 |
| COP Conocophillips | Reduce -40.1% | 0.25% | −0.49 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 3.41% | −0.46 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.39 |
| PM Philip Morris International | Reduce -97.8% | 0.01% | −0.38 |
| TMUS T-Mobile US Inc. | Reduce -2.1% | 0.44% | −0.34 |
| HON Honeywell International Inc. | Reduce -1.6% | 0.17% | −0.32 |
| PEP Pepsico Inc. | Reduce -1.5% | 0.45% | −0.28 |
| PSX Phillips 66 | Reduce -70.6% | 0.06% | −0.27 |
| GILD Gilead Sciences Inc. | Reduce -2.6% | 0.45% | −0.26 |
| EOG EOG Resources Inc. | Reduce -58.2% | 0.10% | −0.26 |
| ISRG Intuitive Surgical Inc. | Reduce -1.2% | 0.39% | −0.25 |
| INTU Intuit Inc. | Reduce -3.1% | 0.17% | −0.24 |
| AMGN Amgen Inc. | Reduce -2.0% | 0.56% | −0.21 |
| LIN Linde PLC | Reduce -0.6% | 0.59% | −0.20 |
| ADBE Adobe Inc. | Reduce -11.8% | 0.20% | −0.18 |
| FANG Diamondback Energy Inc. | Reduce -19.7% | 0.18% | −0.17 |
| REGN Regeneron Pharmaceuticals | Reduce -8.7% | 0.19% | −0.17 |
| APP AppLovin Corp. Class A | Reduce -24.3% | 0.38% | −0.16 |
| SHOP Shopify Inc. Class A | Reduce -1.7% | 0.34% | −0.16 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.16 |
| CEG Constellation Energy | Reduce -8.3% | 0.22% | −0.15 |
| BKNG Booking Holdings Inc. | Reduce -1.9% | 0.45% | −0.15 |
| CMCSA Comcast Corp. Class A | Reduce -3.4% | 0.21% | −0.15 |
| MELI MercadoLibre Inc. | Reduce -14.1% | 0.21% | −0.14 |
| INSM Insmed Inc. | Reduce -90.6% | 0.01% | −0.13 |
| SNPS Synopsys Inc. | Reduce -21.4% | 0.21% | −0.12 |
| MPC Marathon Petroleum Corp. | Reduce -25.9% | 0.15% | −0.12 |
| MP MP Materials Corp. | Reduce -99.7% | 0.00% | −0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -3.0% | 0.37% | −0.11 |
| DVN Devon Energy Corp. | Reduce -34.2% | 0.07% | −0.10 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −0.10 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.10 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.09 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -38.4% | 0.14% | −0.08 |
| TPL Texas Pacific Land Corp. | Reduce -30.9% | 0.07% | −0.08 |
| ORLY O'reilly Automotive Inc. | Reduce -3.3% | 0.18% | −0.08 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.08 |
| OPEN Opendoor Technologies Inc. | Reduce -63.8% | 0.03% | −0.08 |
Portfolio Buys Q1 2026 → Q2 2026
| AMD Advanced Micro Devices | Add +87.5% | 4.31% | +3.19 |
| INIO Innio NV | New | 2.36% | +2.36 |
| AMAT Applied Materials Inc. | Add +58.2% | 3.25% | +1.89 |
| FORM Formfactor Inc. | Add +6366.7% | 1.49% | +1.47 |
| LRCX Lam Research Corp. | Add +4.3% | 3.58% | +1.22 |
| STX Seagate Technology Holdings | Add +177.8% | 1.41% | +1.12 |
| ONTO Onto Innovation Inc. | New | 1.04% | +1.04 |
| CBRS Cerebras Systems Inc. Class A | New | 0.79% | +0.79 |
| TER Teradyne Inc. | Add +20.2% | 2.11% | +0.61 |
| ARM Arm Holdings PLC-ADR | Add +323.0% | 0.51% | +0.44 |
| MRVL Marvell Technology Inc. | Add +6.4% | 0.67% | +0.38 |
| WDC Western Digital Corp. | Add +20.0% | 0.64% | +0.33 |
| NBIS Nebius Group NV | Add +90.3% | 0.44% | +0.32 |
| PANW Palo Alto Networks Inc. | Add +13.8% | 0.74% | +0.32 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.2% | 2.55% | +0.26 |
| SMTC Semtech Corp. | New | 0.25% | +0.25 |
| ALAB Astera Labs Inc. | New | 0.20% | +0.20 |
| AEIS Advanced Energy Industries | New | 0.17% | +0.17 |
| KLIC Kulicke & Soffa Industries | New | 0.16% | +0.16 |
| SPCX Space Exploration Techn Class A | New | 0.16% | +0.16 |
| BIDU Baidu Inc. - Spon ADR | New | 0.10% | +0.10 |
| CRWV Coreweave Inc. Class A | Add +215.2% | 0.14% | +0.09 |
| QCOM Qualcomm Inc. | Add +15.9% | 0.56% | +0.09 |
| DDOG Datadog Inc. Class A | Add +0.2% | 0.21% | +0.08 |
| HOOD Robinhood Markets Inc. Class A | Add +21.6% | 0.28% | +0.06 |
| SPGI S&P Global Inc. | New | 0.04% | +0.04 |
| DUK Duke Energy Corp. | New | 0.03% | +0.03 |
| ETR Entergy Corp. | Add +5020.0% | 0.02% | +0.02 |
| IREN Iren Ltd. | New | 0.01% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +1.1% | 0.12% | +0.01 |
| HUM Humana Inc. | Add +1.1% | 0.02% | +0.01 |
| ADEA Adeia Inc. | New | 0.01% | +0.01 |
| CNC Centene Corp. | Add +1.1% | 0.01% | +0.00 |
| DEC Diversified Energy Co. | New | 0.00% | +0.00 |
| VEEV Veeva Systems Inc. Class A | New | 0.00% | +0.00 |
| CVS CVS Health Corp. | Add +0.9% | 0.05% | +0.00 |
| SD Sandridge Energy Inc. | New | 0.00% | +0.00 |
| CME Cme Group Inc. | New | 0.00% | +0.00 |
| ORKA Oruka Therapeutics Inc. | Add +9.7% | 0.00% | +0.00 |
| IMVT Immunovant Inc. | Add +9.4% | 0.00% | +0.00 |
| CMPS Compass Pathways PLC | Add +25.1% | 0.00% | +0.00 |
| PL Planet Labs PBC | Add +65.0% | 0.00% | +0.00 |
| RLAY Relay Therapeutics Inc. | Add +9.4% | 0.00% | +0.00 |
| WST West Pharmaceutical Services | Add +1.1% | 0.01% | +0.00 |
| TRAX First Tracks Biotherapeutics | New | 0.00% | +0.00 |
| SVC Service Properties Trust | New | 0.00% | +0.00 |
| ALMS Alumis Inc. | Add +22.6% | 0.00% | +0.00 |
| BCAX Bicara Therapeutics Inc. | Add +10.1% | 0.00% | +0.00 |
| CADL Candel Therapeutics Inc. | Add +26.7% | 0.00% | +0.00 |
| KYMR Kymera Therapeutics Inc. | Add +7.0% | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 587 | $8.3B | SNDK, MU, NVDA, AAPL, AMD |
| Q1 2026 | 624 | $6.0B | NVDA, AAPL, AMZN, MSFT, GOOG |
| Q4 2025 | 643 | $5.9B | NVDA, AAPL, MSFT, GOOG, AMZN |
| Q3 2025 | 631 | $5.5B | NVDA, MSFT, AAPL, AVGO, AMZN |
| Q2 2025 | 660 | $5.0B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q1 2025 | 666 | $4.3B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 637 | $4.6B | NVDA, AAPL, MSFT, AMZN, META |