Value Star Asset Management (Hong Kong) Ltd

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Value Star Asset Management (Hong Kong) Ltd reported 10 stock positions worth $49.2 million. Its top holding was Alphabet Class A (GOOGL) at 19.8% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 17.0%) and Amazon.com (AMZN, 15.6%). Compared with Q2 2025, it opened 2 new positions, sold out of 2, added to 5 and reduced 2. The biggest buy was Alphabet Class A (GOOGL, shares +167%) and the biggest sale an exit from Vistra (VST).

Most Recent 13F
Q3 2025
Location
HONG KONG, K3
CIK
0001842246
Portfolio Value
$49.2M (Q3 2025)
SEC Filing
0001842246-25-000005 ↗ filed Oct 31, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $289.9M Q1 2024 Q2 2024: $269.8M Q2 2024 Q3 2024: $26.7M Q3 2024 Q4 2024: $31.7M Q4 2024 Q1 2025: $16.4M Q1 2025 Q2 2025: $32.5M Q2 2025 Q3 2025: $49.2M $49.2M Q3 2025

Holdings 10 stocks · $49.2M

GOOGL Alphabet Inc. Class A 19.78% 40,000 $9.7M Add +166.7%
TSM Taiwan Semiconductor-SP ADR 17.02% 30,000 $8.4M Add +100.0%
AMZN Amazon.com Inc. 15.61% 35,000 $7.7M Add +40.0%
META Meta Platforms Inc. Class A 13.42% 9,000 $6.6M Add +12.5%
HCA HCA Healthcare Inc. 8.66% 10,000 $4.3M Reduce -16.7%
SHLD Global X Defense Tech ETF 7.13% 50,000 $3.5M New
CEG Constellation Energy 6.40% 10,000 $3.1M Add +233.3%
SNOW Snowflake Inc. 4.58% 10,000 $2.3M No change
HOOD Robinhood Markets Inc. Class A 4.36% 15,000 $2.1M New
ZS Zscaler Inc. 3.04% 5,000 $1.5M Reduce -50.0%

Portfolio Sells Q2 2025 → Q3 2025

VST Vistra Corp. Sold out 0.00% −8.75
ZS Zscaler Inc. Reduce -50.0% 3.04% −6.63
HCA HCA Healthcare Inc. Reduce -16.7% 8.66% −5.50
TJX TJX Companies Inc. Sold out 0.00% −3.80

Portfolio Buys Q2 2025 → Q3 2025

GOOGL Alphabet Inc. Class A Add +166.7% 19.78% +11.59
SHLD Global X Defense Tech ETF New 7.13% +7.13
TSM Taiwan Semiconductor-SP ADR Add +100.0% 17.02% +6.55
HOOD Robinhood Markets Inc. Class A New 4.36% +4.36
CEG Constellation Energy Add +233.3% 6.40% +3.41
AMZN Amazon.com Inc. Add +40.0% 15.61% −1.29
META Meta Platforms Inc. Class A Add +12.5% 13.42% −4.76

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 10$49.2MGOOGL, TSM, AMZN, META, HCA
Q2 2025 10$32.5MMETA, AMZN, HCA, TSM, ZS
Q1 2025 9$16.4MHCA, AMZN, META, VST, TSM
Q4 2024 13$31.7MMETA, AMZN, VST, TSM, HCA
Q3 2024 9$26.7MAMZN, META, V, HCA, AAPL
Q2 2024 18$269.8MMSFT, TSLA, PDD, NVDA, NET
Q1 2024 22$289.9MMSFT, TSLA, NET, PDD, NVDA