UG Investment Advisers Ltd.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), UG Investment Advisers Ltd. reported 10 stock positions worth $582.8 million. Its top holding was Alibaba Group Holding-SP ADR (BABA) at 47.7% of the portfolio, followed by Qualcomm (QCOM, 25.4%) and Micron Technology (MU, 16.1%). Compared with Q2 2025, it opened 1 new position, added to 2 and reduced 4. The biggest buy was Qualcomm (QCOM, shares +53%) and the biggest sale Micron Technology (MU, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- SINGAPORE, U0
- CIK
- 0001697814
- Portfolio Value
- $582.8M (Q3 2025)
- SEC Filing
- 0001697814-25-000015 ↗ filed Oct 31, 2025
Holdings Value
Holdings 10 stocks · $582.8M
| BABA Alibaba Group Holding-SP ADR | 47.74% | 1,556,654 | $278.2M | Reduce -11.8% |
| QCOM Qualcomm Inc. | 25.37% | 888,660 | $147.8M | Add +53.4% |
| MU Micron Technology Inc. | 16.05% | 559,240 | $93.6M | Reduce -32.3% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 4.20% | 1,288,991 | $24.5M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 2.35% | 171,647 | $13.7M | Add +8.2% |
| NVDA Nvidia Corp. | 1.49% | 46,514 | $8.7M | Reduce -11.9% |
| AMKR Amkor Technology Inc. | 0.86% | 177,265 | $5.0M | Reduce -84.0% |
| AAPL Apple Inc. | 0.76% | 17,474 | $4.4M | New |
| HPE Hewlett Packard Enterprise | 0.69% | 164,163 | $4.0M | No change |
| AVGO Broadcom Inc. | 0.48% | 8,453 | $2.8M | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $56.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 17,440,000 | $32.2M | Reduce -34.2% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 21,000,000 | $22.7M | No change |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 1,000,000 | $1.0M | No change |
Total filed on the 13F, all lines: $638.8M.
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
Notes & Other Activity Q2 2025 → Q3 2025
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -34.2% | 17,440,000 | $32.2M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |