Hel Ved Capital Management Ltd

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Hel Ved Capital Management Ltd reported 47 stock positions worth $288.2 million. Its top holding was Coinbase Global Class A (COIN) at 10.6% of the portfolio, followed by GE Vernova (GEV, 9.7%) and New Oriental Educatio-SP ADR (EDU, 5.3%). Compared with Q1 2024, it opened 16 new positions, sold out of 18, added to 8 and reduced 20. The biggest buy was GE Vernova (GEV, shares +419%) and the biggest sale an exit from Vertiv Class A (VRT).

Most Recent 13F
Q2 2026
Location
CENTRAL, K3
CIK
0001840129
Portfolio Value
$288.2M (Q2 2024)
SEC Filing
0001840129-24-000004 ↗ filed Aug 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $403.1M Q1 2024 Q2 2024: $288.2M $288.2M Q2 2024 Q3 2024: $212.3M Q3 2024 Q4 2024: $326.3M Q4 2024 Q1 2025: $198.3M Q1 2025 Q2 2025: $222.3M Q2 2025 Q3 2025: $184.3M Q3 2025 Q4 2025: $289.3M Q4 2025 Q1 2026: $578.1M Q1 2026 Q2 2026: $709.7M Q2 2026

Holdings 47 stocks · $288.2M
COIN Coinbase Global Inc. Class A 10.64% 137,961 $30.7M Reduce -29.1%
GEV GE Vernova Inc. 9.73% 163,576 $28.1M Add +419.3%
EDU New Oriental Educatio-SP ADR 5.34% 197,969 $15.4M Add +8.0%
DELL Dell Technologies -C 4.57% 95,525 $13.2M Add +331.8%
SE Sea Ltd.-ADR 4.50% 181,540 $13.0M Add +26.3%
WDC Western Digital Corp. 4.35% 165,515 $12.5M Reduce -17.7%
NVDA Nvidia Corp. 4.27% 99,550 $12.3M Reduce -8.3%
NTES Netease Inc.-ADR 4.15% 125,200 $12.0M Add +90.6%
TSM Taiwan Semiconductor-SP ADR 3.43% 56,843 $9.9M Reduce -76.2%
STX Seagate Technology Holdings 3.30% 92,140 $9.5M Reduce -47.1%
PDD PDD Holdings Inc. 2.88% 62,378 $8.3M Reduce -71.4%
MSFT Microsoft Corp. 2.62% 16,915 $7.6M Reduce -0.3%
POWL Powell Industries Inc. 2.61% 52,507 $7.5M Add +89.9%
BZ Kanzhun Ltd. - ADR 2.59% 396,647 $7.5M Reduce -14.8%
FLEX Flex Ltd. 2.07% 202,760 $6.0M New
BABA Alibaba Group Holding-SP ADR 2.05% 82,000 $5.9M New
HPE Hewlett Packard Enterprise 1.81% 247,000 $5.2M Add +175.4%
GOOGL Alphabet Inc. Class A 1.81% 28,601 $5.2M Reduce -9.3%
BE Bloom Energy Corp. Class A 1.80% 424,400 $5.2M New
AMZN Amazon.com Inc. 1.80% 26,810 $5.2M Reduce -32.6%
TME Tencent Music Entertainm-ADR 1.68% 345,000 $4.8M No change
TER Teradyne Inc. 1.61% 31,300 $4.6M Reduce -13.2%
FIS Fidelity National Info Serv 1.60% 61,135 $4.6M Add +4.0%
CORZ Core Scientific Inc. 1.52% 471,557 $4.4M New
TAN Invesco Solar ETF 1.50% 7,280 $4.3M New
TAL Tal Education Group- ADR 1.47% 395,800 $4.2M Reduce -64.2%
OKLO Oklo Inc. 1.34% 455,000 $3.9M New
GOTU Gaotu Techedu Inc. 1.24% 727,800 $3.6M New
RIOT Riot Platforms Inc. 1.14% 359,540 $3.3M New
YMM Full Truck Alliance -SPN ADR 1.07% 382,600 $3.1M Reduce -59.0%
AVGO Broadcom Inc. 1.03% 1,857 $3.0M Reduce -84.6%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 1.02% 44,900 $2.9M Reduce -62.9%
MU Micron Technology Inc. 0.84% 18,400 $2.4M New
MTSI Macom Technology Solutions H 0.78% 20,100 $2.2M New
META Meta Platforms Inc. Class A 0.74% 4,245 $2.1M Reduce -80.5%
PYPL PayPal Holdings Inc. 0.58% 28,600 $1.7M No change
IREN Iren Ltd. filed as IRIS ENERGY LTD 0.58% 146,913 $1.7M New
DDOG Datadog Inc. Class A 0.48% 10,580 $1.4M Reduce -37.8%
NOW ServiceNow Inc. 0.47% 1,738 $1.4M No change
CFLT Confluent Inc. Class A 0.47% 45,882 $1.4M Reduce -50.6%
SMR Nuscale Power Corp. 0.41% 100,000 $1.2M New
IGV iShares Expanded Tech-Softwa 0.40% 23,413 $1.2M New
ESTC Elastic NV 0.37% 9,300 $1.1M Reduce -53.9%
MDB Mongodb Inc. 0.36% 4,200 $1.0M New
U Unity Software Inc. 0.36% 64,155 $1.0M Reduce -42.2%
SNOW Snowflake Inc. 0.32% 6,845 $925K New
BTDR Bitdeer Technologies Group-A 0.31% 86,665 $889K New

Options reported separately and not counted above: QQQ puts ($32.5M), SMH puts ($24.5M), NVDA puts ($21.3M).

Portfolio Sells Q1 2024 → Q2 2024
VRT Vertiv Holdings Co. Class A Sold out 0.00% −9.42
TSM Taiwan Semiconductor-SP ADR Reduce -76.2% 3.43% −4.64
AMD Advanced Micro Devices Sold out 0.00% −3.79
SNPS Synopsys Inc. Sold out 0.00% −3.60
PDD PDD Holdings Inc. Reduce -71.4% 2.88% −3.41
AVGO Broadcom Inc. Reduce -84.6% 1.03% −2.93
COIN Coinbase Global Inc. Class A Reduce -29.1% 10.64% −2.17
META Meta Platforms Inc. Class A Reduce -80.5% 0.74% −1.87
TAL Tal Education Group- ADR Reduce -64.2% 1.47% −1.65
ETN Eaton Corp. PLC Sold out 0.00% −1.60
NVT Nvent Electric PLC Sold out 0.00% −1.10
MOD Modine Manufacturing Co. Sold out 0.00% −1.10
MPWR Monolithic Power Systems Inc. Sold out 0.00% −0.79
GPN Global Payments Inc. Sold out 0.00% −0.74
STX Seagate Technology Holdings Reduce -47.1% 3.30% −0.72
QCOM Qualcomm Inc. Sold out 0.00% −0.63
INFA Informatica Inc. Class A Sold out 0.00% −0.62
YMM Full Truck Alliance -SPN ADR Reduce -59.0% 1.07% −0.62
FUTU Futu Holdings Ltd.-ADR Reduce -62.9% 1.02% −0.60
CRM Salesforce Inc. Sold out 0.00% −0.52
DT Dynatrace Inc. Sold out 0.00% −0.47
GTLB Gitlab Inc. Class A Sold out 0.00% −0.39
U Unity Software Inc. Reduce -42.2% 0.36% −0.37
MNDY Monday.com Ltd. Sold out 0.00% −0.37
SMAR Smartsheet Inc. Class A Sold out 0.00% −0.31
CAN Canaan Inc. Sold out 0.00% −0.30
TWLO Twilio Inc. Class A Sold out 0.00% −0.29
CFLT Confluent Inc. Class A Reduce -50.6% 0.47% −0.23
HSAI Hesai Group Sold out 0.00% −0.21
ESTC Elastic NV Reduce -53.9% 0.37% −0.13
DDOG Datadog Inc. Class A Reduce -37.8% 0.48% −0.05
AMZN Amazon.com Inc. Reduce -32.6% 1.80% +0.02
BZ Kanzhun Ltd. - ADR Reduce -14.8% 2.59% +0.56
TER Teradyne Inc. Reduce -13.2% 1.61% +0.60
GOOGL Alphabet Inc. Class A Reduce -9.3% 1.81% +0.63
MSFT Microsoft Corp. Reduce -0.3% 2.62% +0.85
WDC Western Digital Corp. Reduce -17.7% 4.35% +0.95
NVDA Nvidia Corp. Reduce -8.3% 4.27% +1.83

Portfolio Buys Q1 2024 → Q2 2024
GEV GE Vernova Inc. Add +419.3% 9.73% +8.66
DELL Dell Technologies -C Add +331.8% 4.57% +3.94
SE Sea Ltd.-ADR Add +26.3% 4.50% +2.58
NTES Netease Inc.-ADR Add +90.6% 4.15% +2.46
FLEX Flex Ltd. New 2.07% +2.07
BABA Alibaba Group Holding-SP ADR New 2.05% +2.05
BE Bloom Energy Corp. Class A New 1.80% +1.80
POWL Powell Industries Inc. Add +89.9% 2.61% +1.64
CORZ Core Scientific Inc. New 1.52% +1.52
TAN Invesco Solar ETF New 1.50% +1.50
HPE Hewlett Packard Enterprise Add +175.4% 1.81% +1.42
EDU New Oriental Educatio-SP ADR Add +8.0% 5.34% +1.39
OKLO Oklo Inc. New 1.34% +1.34
GOTU Gaotu Techedu Inc. New 1.24% +1.24
RIOT Riot Platforms Inc. New 1.14% +1.14
MU Micron Technology Inc. New 0.84% +0.84
MTSI Macom Technology Solutions H New 0.78% +0.78
IREN Iren Ltd. New 0.58% +0.58
FIS Fidelity National Info Serv Add +4.0% 1.60% +0.52
SMR Nuscale Power Corp. New 0.41% +0.41
IGV iShares Expanded Tech-Softwa New 0.40% +0.40
MDB Mongodb Inc. New 0.36% +0.36
SNOW Snowflake Inc. New 0.32% +0.32
BTDR Bitdeer Technologies Group-A New 0.31% +0.31

Options Activity Q1 2024 → Q2 2024
QQQ Invesco QQQ Trust Series 1 put New 67,900 $32.5M
SMH Vaneck Semiconductor ETF put New 94,000 $24.5M
NVDA Nvidia Corp. put New 172,200 $21.3M
IGV iShares Expanded Tech-Softwa call Sold out 8,000 $682Kbefore exit
TAN Invesco Solar ETF call Sold out 4,000 $181Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 63$709.7MSNDK, GLW, SOXX, INTC, QCOM
Q1 2026 52$578.1MSMH, Q, SNDK, INTC, CIEN
Q4 2025 49$289.3MLITE, COHR, CIEN, TSLA, PRIM
Q3 2025 62$184.3MPONY, EDU, PSIX, KEYS, PRIM
Q2 2025 58$222.3MLITE, QQQ, EDU, AMD, LX
Q1 2025 61$198.3MTSM, LX, MU, EDU, LRCX
Q4 2024 76$326.3MFLEX, LITE, KEYS, PONY, EDU
Q3 2024 50$212.3MEDU, COIN, IWM, GEV, AMKR
Q2 2024 47$288.2MCOIN, GEV, EDU, DELL, SE
Q1 2024 49$403.1MCOIN, VRT, TSM, PDD, STX