UG Investment Advisers Ltd.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), UG Investment Advisers Ltd. reported 11 stock positions worth $364.1 million. Its top holding was Alibaba Group Holding-SP ADR (BABA) at 28.7% of the portfolio, followed by Qualcomm (QCOM, 26.2%) and Micron Technology (MU, 18.7%). Compared with Q4 2024, it opened 3 new positions, sold out of 1, added to 3 and reduced 2. The biggest buy was Qualcomm (QCOM, shares +134%) and the biggest sale Apple (AAPL, shares −52%).

Most Recent 13F
Q2 2026
Location
SINGAPORE, U0
CIK
0001697814
Portfolio Value
$364.1M (Q1 2025)
SEC Filing
0001697814-25-000006 ↗ filed Apr 22, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $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 $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 11 stocks · $364.1M
BABA Alibaba Group Holding-SP ADR 28.74% 791,239 $104.6M No change
QCOM Qualcomm Inc. 26.22% 621,486 $95.5M Add +134.4%
MU Micron Technology Inc. 18.67% 782,415 $68.0M Add +28.4%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 7.11% 1,288,991 $25.9M Add +18.1%
AAPL Apple Inc. 5.94% 97,414 $21.6M Reduce -51.9%
AMKR Amkor Technology Inc. 5.78% 1,165,923 $21.1M New
VCSH Vanguard S/T Corp. Bond ETF 3.13% 144,516 $11.4M No change
BZ Kanzhun Ltd. - ADR 2.47% 469,560 $9.0M New
HPE Hewlett Packard Enterprise 0.70% 164,163 $2.5M No change
NVDA Nvidia Corp. 0.67% 22,470 $2.4M Reduce -66.0%
AVGO Broadcom Inc. 0.56% 12,244 $2.1M New
Other holdings (1): bonds, preferreds, convertibles and warrants · $975K (not counted above)
SecurityClassShares / PrincipalValueChange
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 1,000,000$975KNew

Total filed on the 13F, all lines: $365.1M.

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -51.9% 5.94% −13.92
NVDA Nvidia Corp. Reduce -66.0% 0.67% −2.80
JD Jd.com Inc.-ADR Sold out 0.00% −0.74

Portfolio Buys Q4 2024 → Q1 2025
QCOM Qualcomm Inc. Add +134.4% 26.22% +10.28
AMKR Amkor Technology Inc. New 5.78% +5.78
BZ Kanzhun Ltd. - ADR New 2.47% +2.47
AVGO Broadcom Inc. New 0.56% +0.56
BEKE Ke Holdings Inc.-ADR Add +18.1% 7.11% −0.76
MU Micron Technology Inc. Add +28.4% 18.67% −1.39

Notes & Other Activity Q4 2024 → Q1 2025
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal New 1,000,000 $975K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

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