TB Alternative Assets Ltd.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 17, 2026), TB Alternative Assets Ltd. reported 34 stock positions worth $623.1 million. Its top holding was Intel (INTC) at 13.2% of the portfolio, followed by Marvell Technology (MRVL, 12.3%) and Taiwan Semiconductor-SP ADR (TSM, 12.1%). Compared with Q1 2026, it opened 15 new positions, sold out of 17, added to 5 and reduced 12. The biggest buy was a new position in Marvell Technology (MRVL) and the biggest sale an exit from Figure Technology Solut Class A (FIGR).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001483503
- Portfolio Value
- $623.1M (Q2 2026)
- SEC Filing
- 0001193125-26-306709 ↗ filed Jul 17, 2026
Holdings Value
Holdings 34 stocks · $623.1M
| INTC Intel Corp. | 13.15% | 586,946 | $82.0M | Add +106.5% |
| MRVL Marvell Technology Inc. | 12.34% | 258,070 | $76.9M | New |
| TSM Taiwan Semiconductor-SP ADR | 12.14% | 158,390 | $75.6M | Add +486.6% |
| SNDK Sandisk Corp. | 10.39% | 28,484 | $64.8M | New |
| META Meta Platforms Inc. Class A | 9.23% | 102,040 | $57.5M | Reduce -24.4% |
| GOOG Alphabet Inc. Class C | 9.04% | 159,334 | $56.3M | Add +90.4% |
| WDC Western Digital Corp. | 6.57% | 64,052 | $40.9M | New |
| PDD PDD Holdings Inc. | 2.82% | 230,128 | $17.6M | Reduce -32.4% |
| STX Seagate Technology Holdings | 2.27% | 14,652 | $14.1M | New |
| LEU Centrus Energy Corp. Class A | 2.07% | 76,946 | $12.9M | Reduce -30.0% |
| UGL Proshares Ultra Gold | 2.00% | 284,736 | $12.5M | Reduce -59.2% |
| GLW Corning Inc. | 1.92% | 46,800 | $12.0M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.91% | 889,639 | $11.9M | New |
| TCOM Trip.com Group Ltd.-ADR | 1.84% | 287,220 | $11.4M | Reduce -11.9% |
| COHR Coherent Corp. | 1.83% | 28,939 | $11.4M | New |
| ZM Zoom Communications Inc. | 1.67% | 120,224 | $10.4M | New |
| PSKY Paramount Skydance Class B | 1.49% | 939,682 | $9.3M | Add +23.9% |
| UNH Unitedhealth Group Inc. | 1.05% | 15,675 | $6.5M | Reduce -66.8% |
| MU Micron Technology Inc. | 0.98% | 5,280 | $6.1M | New |
| GEV GE Vernova Inc. | 0.96% | 5,085 | $6.0M | New |
| RKLB Rocket Lab Corp. | 0.86% | 52,703 | $5.4M | Reduce -85.3% |
| SY So-Young International-ADR | 0.73% | 3,067,873 | $4.5M | No change |
| AGQ Proshares Ultra Silver | 0.64% | 58,920 | $4.0M | Add +112.2% |
| YMM Full Truck Alliance -SPN ADR | 0.54% | 412,834 | $3.4M | Reduce -11.9% |
| NOK Nokia Corp.-Spon ADR | 0.52% | 242,550 | $3.2M | Reduce -83.1% |
| OKLO Oklo Inc. | 0.32% | 38,021 | $2.0M | New |
| MOGU Mogu Inc.-ADR | 0.18% | 684,136 | $1.1M | Reduce -0.7% |
| TME Tencent Music Entertainm-ADR | 0.11% | 83,350 | $696K | Reduce -11.9% |
| MRNA Moderna Inc. | 0.10% | 8,700 | $609K | New |
| ALAB Astera Labs Inc. | 0.09% | 1,215 | $587K | New |
| YOUL Youlife Group Inc. -ADR | 0.09% | 1,000,000 | $562K | No change |
| RBLX Roblox Corp. Class A | 0.09% | 10,211 | $555K | New |
| AVGO Broadcom Inc. | 0.07% | 1,152 | $435K | New |
| YJ Yunji Inc.-ADR | 0.01% | 32,138 | $46K | Reduce -0.3% |
Portfolio Sells Q1 2026 → Q2 2026
| FIGR Figure Technology Solut Class A | Sold out | 0.00% | −7.04 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −6.95 |
| UGL Proshares Ultra Gold | Reduce -59.2% | 2.00% | −6.91 |
| META Meta Platforms Inc. Class A | Reduce -24.4% | 9.23% | −6.83 |
| PDD PDD Holdings Inc. | Reduce -32.4% | 2.82% | −4.41 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −4.22 |
| RKLB Rocket Lab Corp. | Reduce -85.3% | 0.86% | −3.94 |
| SQQQ Proshares Ultrapro Short QQQ | Sold out | 0.00% | −3.70 |
| LMND Lemonade Inc. | Sold out | 0.00% | −3.07 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −2.81 |
| LEU Centrus Energy Corp. Class A | Reduce -30.0% | 2.07% | −1.89 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −1.89 |
| NOK Nokia Corp.-Spon ADR | Reduce -83.1% | 0.52% | −1.88 |
| UNH Unitedhealth Group Inc. | Reduce -66.8% | 1.05% | −1.61 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -11.9% | 1.84% | −1.54 |
| MP MP Materials Corp. | Sold out | 0.00% | −1.30 |
| EQT Eqt Corp. | Sold out | 0.00% | −1.02 |
| ET Energy Transfer LP | Sold out | 0.00% | −1.01 |
| CEG Constellation Energy | Sold out | 0.00% | −0.73 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.51 |
| KORU Direxion DLY M SK Bull 3X-Ui | Sold out | 0.00% | −0.49 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.33 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.29 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.29 |
| YMM Full Truck Alliance -SPN ADR | Reduce -11.9% | 0.54% | −0.27 |
| MOGU Mogu Inc.-ADR | Reduce -0.7% | 0.18% | −0.14 |
| AXTI Axt Inc. | Sold out | 0.00% | −0.12 |
| TME Tencent Music Entertainm-ADR | Reduce -11.9% | 0.11% | −0.07 |
| YJ Yunji Inc.-ADR | Reduce -0.3% | 0.01% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| MRVL Marvell Technology Inc. | New | 12.34% | +12.34 |
| INTC Intel Corp. | Add +106.5% | 13.15% | +10.55 |
| SNDK Sandisk Corp. | New | 10.39% | +10.39 |
| TSM Taiwan Semiconductor-SP ADR | Add +486.6% | 12.14% | +10.24 |
| WDC Western Digital Corp. | New | 6.57% | +6.57 |
| GOOG Alphabet Inc. Class C | Add +90.4% | 9.04% | +4.04 |
| STX Seagate Technology Holdings | New | 2.27% | +2.27 |
| GLW Corning Inc. | New | 1.92% | +1.92 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 1.91% | +1.91 |
| COHR Coherent Corp. | New | 1.83% | +1.83 |
| ZM Zoom Communications Inc. | New | 1.67% | +1.67 |
| MU Micron Technology Inc. | New | 0.98% | +0.98 |
| GEV GE Vernova Inc. | New | 0.96% | +0.96 |
| OKLO Oklo Inc. | New | 0.32% | +0.32 |
| MRNA Moderna Inc. | New | 0.10% | +0.10 |
| ALAB Astera Labs Inc. | New | 0.09% | +0.09 |
| RBLX Roblox Corp. Class A | New | 0.09% | +0.09 |
| AVGO Broadcom Inc. | New | 0.07% | +0.07 |
| PSKY Paramount Skydance Class B | Add +23.9% | 1.49% | +0.07 |
| AGQ Proshares Ultra Silver | Add +112.2% | 0.64% | −0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 34 | $623.1M | INTC, MRVL, TSM, SNDK, META |
| Q1 2026 | 36 | $481.1M | META, UGL, PDD, FIGR, OXY |
| Q4 2025 | 50 | $610.8M | META, GOOG, INTC, AEM, PDD |
| Q3 2025 | 48 | $668.4M | META, GOOG, INTC, PDD, MSTR |
| Q2 2025 | 41 | $540.0M | GOOG, CEG, Z, INTC, COIN |
| Q1 2025 | 44 | $430.4M | Z, CEG, META, GOOG, BA |
| Q4 2024 | 43 | $388.4M | BA, SNAP, Z, YINN, AEM |
| Q3 2024 | 40 | $421.4M | SNAP, Z, META, DIS, ABNB |
| Q2 2024 | 37 | $429.5M | SNAP, ABNB, Z, META, DIS |
| Q1 2024 | 40 | $399.4M | SNAP, ABNB, Z, DIS, HOOD |