UG Investment Advisers Ltd.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 29, 2024), UG Investment Advisers Ltd. reported 10 stock positions worth $292.8 million. Its top holding was Qualcomm (QCOM) at 22.7% of the portfolio, followed by Micron Technology (MU, 17.6%) and Apple (AAPL, 14.4%). Compared with Q1 2024, it opened 1 new position, sold out of 3, added to 1 and reduced 7. The biggest buy was a new position in Tesla (TSLA) and the biggest sale Hewlett Packard Enterprise (HPE, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001697814
- Portfolio Value
- $292.8M (Q2 2024)
- SEC Filing
- 0001697814-24-000007 ↗ filed Jul 29, 2024
Holdings Value
Holdings 10 stocks · $292.8M
| QCOM Qualcomm Inc. | 22.71% | 333,859 | $66.5M | Reduce -25.8% |
| MU Micron Technology Inc. | 17.55% | 390,672 | $51.4M | Reduce -4.8% |
| AAPL Apple Inc. | 14.40% | 200,160 | $42.2M | Add +30.8% |
| BABA Alibaba Group Holding-SP ADR | 13.15% | 534,724 | $38.5M | Reduce -8.2% |
| TSLA Tesla Inc. | 11.06% | 163,718 | $32.4M | New |
| HPE Hewlett Packard Enterprise | 10.19% | 1,409,246 | $29.8M | Reduce -52.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 7.19% | 272,516 | $21.1M | Reduce -16.0% |
| NVDA Nvidia Corp. | 3.47% | 82,225 | $10.2M | Reduce -48.1% |
| BIDU Baidu Inc. - Spon ADR | 0.27% | 9,289 | $803K | No change |
| JD Jd.com Inc.-ADR | 0.00% | 11 | $284 | Reduce -100.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 2,000,000 | $2.0M | No change |
| IQIYI INC (IQ 4 12/15/26) | NOTE 4.000%12/1 · principal | 200,000 | $199K | No change |
Total filed on the 13F, all lines: $295.0M.
Portfolio Sells Q1 2024 → Q2 2024
| HPE Hewlett Packard Enterprise | Reduce -52.2% | 10.19% | −7.25 |
| QCOM Qualcomm Inc. | Reduce -25.8% | 22.71% | −2.70 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −2.43 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −1.31 |
| NVDA Nvidia Corp. | Reduce -48.1% | 3.47% | −1.31 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -16.0% | 7.19% | −1.18 |
| BABA Alibaba Group Holding-SP ADR | Reduce -8.2% | 13.15% | −0.92 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.59 |
| JD Jd.com Inc.-ADR | Reduce -100.0% | 0.00% | −0.38 |
| MU Micron Technology Inc. | Reduce -4.8% | 17.55% | +1.41 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $93.3M | ORCL, BABA, NVDA, SPCX, ROG |
| Q1 2026 | 12 | $109.6M | MU, BABA, QCOM, NVDA, LITE |
| Q4 2025 | 8 | $384.8M | BABA, MU, QCOM, NVDA, AVGO |
| Q3 2025 | 10 | $582.8M | BABA, QCOM, MU, BEKE, VCSH |
| Q2 2025 | 9 | $466.9M | BABA, MU, QCOM, AMKR, BEKE |
| Q1 2025 | 11 | $364.1M | BABA, QCOM, MU, BEKE, AAPL |
| Q4 2024 | 9 | $255.5M | BABA, MU, AAPL, QCOM, BEKE |
| Q3 2024 | 11 | $266.2M | BABA, AAPL, QCOM, MU, TSLA |
| Q2 2024 | 10 | $292.8M | QCOM, MU, AAPL, BABA, TSLA |
| Q1 2024 | 12 | $299.7M | QCOM, HPE, MU, BABA, AAPL |