UG Investment Advisers Ltd.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), UG Investment Advisers Ltd. reported 12 stock positions worth $299.7 million. Its top holding was Qualcomm (QCOM) at 25.4% of the portfolio, followed by Hewlett Packard Enterprise (HPE, 17.4%) and Micron Technology (MU, 16.1%). Compared with Q4 2023, it opened 4 new positions, added to 2 and reduced 3. The biggest buy was Hewlett Packard Enterprise (HPE, shares +268%) and the biggest sale Micron Technology (MU, shares −65%).

Most Recent 13F
Q2 2026
Location
SINGAPORE, U0
CIK
0001697814
Portfolio Value
$299.7M (Q1 2024)
SEC Filing
0001697814-24-000005 ↗ filed May 3, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $299.7M $299.7M Q1 2024 Q2 2024: $292.8M Q2 2024 Q3 2024: $266.2M Q3 2024 Q4 2024: $255.5M Q4 2024 Q1 2025: $364.1M Q1 2025 Q2 2025: $466.9M Q2 2025 Q3 2025: $582.8M Q3 2025 Q4 2025: $384.8M Q4 2025 Q1 2026: $109.6M Q1 2026 Q2 2026: $93.3M Q2 2026

Holdings 12 stocks · $299.7M
QCOM Qualcomm Inc. 25.41% 449,713 $76.1M Reduce -49.1%
HPE Hewlett Packard Enterprise 17.43% 2,946,606 $52.2M Add +267.9%
MU Micron Technology Inc. 16.14% 410,357 $48.4M Reduce -64.6%
BABA Alibaba Group Holding-SP ADR 14.07% 582,638 $42.2M Add +90.2%
AAPL Apple Inc. 8.76% 152,995 $26.2M New
VCSH Vanguard S/T Corp. Bond ETF 8.37% 324,516 $25.1M No change
NVDA Nvidia Corp. 4.77% 15,835 $14.3M Reduce -51.8%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 2.43% 66,820 $7.3M No change
IEF iShares 7-10 Year Treasury B 1.31% 41,600 $3.9M New
BSV Vanguard Short-Term Bond ETF 0.59% 23,000 $1.8M No change
JD Jd.com Inc.-ADR 0.38% 41,911 $1.1M New
BIDU Baidu Inc. - Spon ADR 0.33% 9,289 $978K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.1M (not counted above)
SecurityClassShares / PrincipalValueChange
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal 2,000,000$1.9MNo change
IQIYI INC (IQ 4 12/15/26) NOTE 4.000%12/1 · principal 200,000$198KNo change

Total filed on the 13F, all lines: $301.8M.

Portfolio Sells Q4 2023 → Q1 2024
MU Micron Technology Inc. Reduce -64.6% 16.14% −15.31
QCOM Qualcomm Inc. Reduce -49.1% 25.41% −15.21
NVDA Nvidia Corp. Reduce -51.8% 4.77% −0.39

Portfolio Buys Q4 2023 → Q1 2024
HPE Hewlett Packard Enterprise Add +267.9% 17.43% +13.11
AAPL Apple Inc. New 8.76% +8.76
BABA Alibaba Group Holding-SP ADR Add +90.2% 14.07% +6.52
IEF iShares 7-10 Year Treasury B New 1.31% +1.31
JD Jd.com Inc.-ADR New 0.38% +0.38
BIDU Baidu Inc. - Spon ADR New 0.33% +0.33

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$93.3MORCL, BABA, NVDA, SPCX, ROG
Q1 2026 12$109.6MMU, BABA, QCOM, NVDA, LITE
Q4 2025 8$384.8MBABA, MU, QCOM, NVDA, AVGO
Q3 2025 10$582.8MBABA, QCOM, MU, BEKE, VCSH
Q2 2025 9$466.9MBABA, MU, QCOM, AMKR, BEKE
Q1 2025 11$364.1MBABA, QCOM, MU, BEKE, AAPL
Q4 2024 9$255.5MBABA, MU, AAPL, QCOM, BEKE
Q3 2024 11$266.2MBABA, AAPL, QCOM, MU, TSLA
Q2 2024 10$292.8MQCOM, MU, AAPL, BABA, TSLA
Q1 2024 12$299.7MQCOM, HPE, MU, BABA, AAPL