Grand Alliance Asset Management Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Grand Alliance Asset Management Ltd reported 11 stock positions worth $137.4 million. Its top holding was Micron Technology (MU) at 25.5% of the portfolio, followed by Credo Technology Group Holdi (CRDO, 18.4%) and Broadcom (AVGO, 16.0%). Compared with Q3 2025, it opened 5 new positions, sold out of 2, added to 1 and reduced 5. The biggest buy was a new position in On Class A (ONON) and the biggest sale Astera Labs (ALAB, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001986124
- Portfolio Value
- $137.4M (Q4 2025)
- SEC Filing
- 0000905148-26-000802 ↗ filed Feb 17, 2026
Holdings Value
Holdings 11 stocks · $137.4M
| MU Micron Technology Inc. | 25.55% | 123,000 | $35.1M | Reduce -3.9% |
| CRDO Credo Technology Group Holdi | 18.43% | 176,000 | $25.3M | Reduce -6.4% |
| AVGO Broadcom Inc. | 16.04% | 63,700 | $22.0M | Reduce -53.3% |
| ONON On Holding AG Class A filed as ON HLDG AG | 7.78% | 230,000 | $10.7M | New |
| WDC Western Digital Corp. | 6.39% | 51,000 | $8.8M | Add +200.0% |
| BE Bloom Energy Corp. Class A | 5.25% | 83,000 | $7.2M | New |
| ALAB Astera Labs Inc. | 4.70% | 38,802 | $6.5M | Reduce -82.2% |
| NVDA Nvidia Corp. | 4.36% | 32,100 | $6.0M | Reduce -23.9% |
| LITE Lumentum Holdings Inc. | 4.29% | 16,000 | $5.9M | New |
| TTMI TTM Technologies | 3.77% | 75,000 | $5.2M | New |
| CLS Celestica Inc. | 3.44% | 16,000 | $4.7M | New |
Portfolio Sells Q3 2025 → Q4 2025
| ALAB Astera Labs Inc. | Reduce -82.2% | 4.70% | −21.71 |
| AVGO Broadcom Inc. | Reduce -53.3% | 16.04% | −11.76 |
| DELL Dell Technologies -C | Sold out | 0.00% | −5.26 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −4.22 |
| NVDA Nvidia Corp. | Reduce -23.9% | 4.36% | −0.51 |
| CRDO Credo Technology Group Holdi | Reduce -6.4% | 18.43% | +1.50 |
| MU Micron Technology Inc. | Reduce -3.9% | 25.55% | +12.30 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 15 | $166.5M | LITE, SNDK, MU, NOK, GLW |
| Q1 2026 | 13 | $165.2M | LITE, CLS, SNDK, AVGO, ONON |
| Q4 2025 | 11 | $137.4M | MU, CRDO, AVGO, ONON, WDC |
| Q3 2025 | 8 | $161.7M | AVGO, ALAB, CRDO, MU, DELL |
| Q2 2025 | 8 | $88.5M | AVGO, DELL, CRDO, SBLK, MU |
| Q1 2025 | 7 | $86.5M | DELL, MU, COHR, SBLK, NVDA |
| Q4 2024 | 8 | $91.0M | DELL, NVDA, SBLK, AVGO, COHR |
| Q3 2024 | 10 | $150.2M | NVDA, DELL, AAPL, SBLK, EDU |
| Q2 2024 | 12 | $209.3M | NVDA, DELL, PDD, AVGO, SBLK |
| Q1 2024 | 12 | $175.7M | DELL, NVDA, AVGO, PDD, SBLK |