Q Fund Management (Hong Kong) Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Q Fund Management (Hong Kong) Ltd reported 26 stock positions worth $109.5 million. Its top holding was Marvell Technology (MRVL) at 17.8% of the portfolio, followed by Intel (INTC, 14.9%) and Sandisk (SNDK, 13.7%). Compared with Q1 2026, it opened 11 new positions, sold out of 6, added to 4 and reduced 4. The biggest buy was a new position in Marvell Technology (MRVL) and the biggest sale Lumentum (LITE, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0002078832
- Portfolio Value
- $109.5M (Q2 2026)
- SEC Filing
- 0002078832-26-000009 ↗ filed Jul 22, 2026
Holdings Value
Holdings 26 stocks · $109.5M
| MRVL Marvell Technology Inc. | 17.78% | 65,400 | $19.5M | New |
| INTC Intel Corp. | 14.89% | 116,840 | $16.3M | Add +367.4% |
| SNDK Sandisk Corp. | 13.70% | 6,600 | $15.0M | Reduce -35.9% |
| ALAB Astera Labs Inc. | 12.57% | 28,500 | $13.8M | New |
| MU Micron Technology Inc. | 11.17% | 10,600 | $12.2M | New |
| AMD Advanced Micro Devices | 10.13% | 19,100 | $11.1M | New |
| BE Bloom Energy Corp. Class A | 7.54% | 27,300 | $8.3M | Add +534.9% |
| AMAT Applied Materials Inc. | 5.54% | 8,400 | $6.1M | New |
| IEF iShares 7-10 Year Treasury B | 2.16% | 25,000 | $2.4M | No change |
| MPTI M-Tron Industries Inc. | 0.91% | 10,000 | $992K | New |
| TWLO Twilio Inc. Class A | 0.78% | 4,160 | $858K | New |
| LITE Lumentum Holdings Inc. | 0.74% | 940 | $807K | Reduce -94.7% |
| GOOG Alphabet Inc. Class C | 0.65% | 2,000 | $707K | New |
| PDD PDD Holdings Inc. | 0.31% | 4,500 | $343K | Add +12.5% |
| OXY Occidental Petroleum Corp. | 0.27% | 6,000 | $291K | No change |
| UBER Uber Technologies Inc. | 0.26% | 4,000 | $289K | No change |
| NKE Nike Inc. Class B | 0.11% | 3,000 | $123K | No change |
| AMZN Amazon.com Inc. | 0.11% | 500 | $119K | Reduce -50.0% |
| LULU Lululemon Athletica Inc. | 0.08% | 800 | $91K | Add +300.0% |
| TLT iShares 20+ Year Treasury BD | 0.08% | 1,000 | $86K | No change |
| GOOGL Alphabet Inc. Class A | 0.07% | 200 | $71K | Reduce -92.0% |
| ADBE Adobe Inc. | 0.04% | 200 | $41K | New |
| DEO Diageo PLC-Sponsored ADR | 0.04% | 500 | $40K | No change |
| MSFT Microsoft Corp. | 0.03% | 100 | $37K | No change |
| DPZ Domino's Pizza Inc. | 0.03% | 100 | $30K | New |
| XLE SS Energy Select Sector | 0.02% | 400 | $21K | New |
Portfolio Sells Q1 2026 → Q2 2026
| LITE Lumentum Holdings Inc. | Reduce -94.7% | 0.74% | −29.26 |
| AXTI Axt Inc. | Sold out | 0.00% | −16.98 |
| TSEM Tower Semiconductor Ltd. | Sold out | 0.00% | −16.92 |
| SNDK Sandisk Corp. | Reduce -35.9% | 13.70% | −1.99 |
| GOOGL Alphabet Inc. Class A | Reduce -92.0% | 0.07% | −1.66 |
| AAOI Applied Optoelectronics Inc. | Sold out | 0.00% | −1.62 |
| WULF Terawulf Inc. | Sold out | 0.00% | −1.31 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −1.14 |
| SOLS Solstice Adv Materials Inc. | Sold out | 0.00% | −0.91 |
| AMZN Amazon.com Inc. | Reduce -50.0% | 0.11% | −0.39 |
Portfolio Buys Q1 2026 → Q2 2026
| MRVL Marvell Technology Inc. | New | 17.78% | +17.78 |
| ALAB Astera Labs Inc. | New | 12.57% | +12.57 |
| INTC Intel Corp. | Add +367.4% | 14.89% | +12.25 |
| MU Micron Technology Inc. | New | 11.17% | +11.17 |
| AMD Advanced Micro Devices | New | 10.13% | +10.13 |
| BE Bloom Energy Corp. Class A | Add +534.9% | 7.54% | +6.15 |
| AMAT Applied Materials Inc. | New | 5.54% | +5.54 |
| MPTI M-Tron Industries Inc. | New | 0.91% | +0.91 |
| TWLO Twilio Inc. Class A | New | 0.78% | +0.78 |
| GOOG Alphabet Inc. Class C | New | 0.65% | +0.65 |
| ADBE Adobe Inc. | New | 0.04% | +0.04 |
| DPZ Domino's Pizza Inc. | New | 0.03% | +0.03 |
| XLE SS Energy Select Sector | New | 0.02% | +0.02 |
| LULU Lululemon Athletica Inc. | Add +300.0% | 0.08% | +0.01 |
| PDD PDD Holdings Inc. | Add +12.5% | 0.31% | −0.67 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $109.5M | MRVL, INTC, SNDK, ALAB, MU |
| Q1 2026Amended | 21 | $41.7M | LITE, AXTI, TSEM, SNDK, IEF |
| Q4 2025 | 33 | $106.5M | GOOG, TSLA, COHR, HOOD, MU |
| Q3 2025 | 25 | $144.1M | TSLA, HOOD, IBIT, CRWV, MRVL |
| Q2 2025 | 27 | $181.9M | HOOD, META, IBIT, TSLA, BITU |
| Q1 2025 | 27 | $73.1M | SQQQ, HOOD, PLTR, APP, RBLX |
| Q4 2024 | 34 | $95.4M | ZM, SQQQ, BITX, CRM, BITU |