VMS Asset Management Limited
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 23, 2026), VMS Asset Management Limited reported 33 stock positions worth $315.0 million. Its top holding was Sandisk (SNDK) at 8.6% of the portfolio, followed by Western Digital (WDC, 6.1%) and Micron Technology (MU, 5.9%). Compared with Q1 2026, it opened 23 new positions, sold out of 13, added to 3 and reduced 7. The biggest buy was Sandisk (SNDK, shares +165%) and the biggest sale an exit from Lumentum (LITE).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0002107719
- Portfolio Value
- $315.0M (Q2 2026)
- SEC Filing
- 0002107719-26-000004 ↗ filed Jul 23, 2026
Holdings Value
Holdings 33 stocks · $315.0M
| SNDK Sandisk Corp. | 8.55% | 11,850 | $26.9M | Add +165.1% |
| WDC Western Digital Corp. | 6.09% | 30,013 | $19.2M | New |
| MU Micron Technology Inc. | 5.88% | 16,046 | $18.5M | New |
| STX Seagate Technology Holdings | 5.48% | 17,871 | $17.2M | New |
| TTMI TTM Technologies | 5.03% | 47,730 | $15.8M | New |
| EWY iShares MSCI South Korea ETF | 4.93% | 76,878 | $15.5M | New |
| TSM Taiwan Semiconductor-SP ADR | 4.87% | 32,105 | $15.3M | Reduce -1.8% |
| VRT Vertiv Holdings Co. Class A | 3.70% | 34,779 | $11.6M | Add +48.2% |
| MRVL Marvell Technology Inc. | 3.64% | 38,515 | $11.5M | New |
| SITM Sitime Corp. | 3.40% | 14,375 | $10.7M | New |
| GS Goldman Sachs Group Inc. | 3.18% | 9,890 | $10.0M | New |
| GLW Corning Inc. | 3.06% | 37,762 | $9.6M | Reduce -59.4% |
| SMH Vaneck Semiconductor ETF | 2.73% | 13,133 | $8.6M | New |
| PANW Palo Alto Networks Inc. | 2.60% | 24,050 | $8.2M | New |
| BE Bloom Energy Corp. Class A | 2.60% | 27,010 | $8.2M | New |
| STM Stmicroelectronics NV-NY SHS | 2.58% | 108,672 | $8.1M | New |
| NVDA Nvidia Corp. | 2.51% | 39,529 | $7.9M | Add +23.9% |
| CRDO Credo Technology Group Holdi | 2.43% | 28,185 | $7.7M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 2.36% | 9,720 | $7.4M | New |
| DDOG Datadog Inc. Class A | 2.31% | 27,920 | $7.3M | New |
| ARM Arm Holdings PLC-ADR | 2.27% | 20,200 | $7.2M | New |
| IGM iShares Expanded Tech Sector | 2.17% | 41,725 | $6.8M | Reduce -41.3% |
| IBKR Interactive Brokers Gro Class A | 2.08% | 75,375 | $6.6M | New |
| AMD Advanced Micro Devices | 2.08% | 11,257 | $6.5M | New |
| COHR Coherent Corp. | 2.01% | 16,029 | $6.3M | Reduce -68.5% |
| ULTA Ulta Beauty Inc. | 1.76% | 38,965 | $5.6M | New |
| Q Qnity Electronics Inc. | 1.75% | 33,790 | $5.5M | Reduce -46.0% |
| SOXX iShares Semiconductor ETF | 1.61% | 7,890 | $5.1M | New |
| TER Teradyne Inc. | 1.53% | 9,951 | $4.8M | Reduce -43.0% |
| AMKR Amkor Technology Inc. | 1.45% | 53,049 | $4.6M | New |
| FIX Comfort Systems USA Inc. | 1.45% | 2,306 | $4.6M | Reduce -58.8% |
| DELL Dell Technologies -C | 1.24% | 9,086 | $3.9M | New |
| AGX Argan Inc. | 0.67% | 2,632 | $2.1M | New |
Portfolio Sells Q1 2026 → Q2 2026
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −7.19 |
| COHR Coherent Corp. | Reduce -68.5% | 2.01% | −5.38 |
| CIEN Ciena Corp. | Sold out | 0.00% | −5.13 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −5.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −5.05 |
| GLW Corning Inc. | Reduce -59.4% | 3.06% | −4.66 |
| KLAC KLA Corp. | Sold out | 0.00% | −4.36 |
| CEG Constellation Energy | Sold out | 0.00% | −4.19 |
| VST Vistra Corp. | Sold out | 0.00% | −3.91 |
| SIL Global X Silver Miners ETF | Sold out | 0.00% | −3.55 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −3.43 |
| AEIS Advanced Energy Industries | Sold out | 0.00% | −3.31 |
| FIX Comfort Systems USA Inc. | Reduce -58.8% | 1.45% | −3.27 |
| FN Fabrinet | Sold out | 0.00% | −3.07 |
| IGM iShares Expanded Tech Sector | Reduce -41.3% | 2.17% | −2.97 |
| Q Qnity Electronics Inc. | Reduce -46.0% | 1.75% | −2.66 |
| ENTG Entegris Inc. | Sold out | 0.00% | −2.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.8% | 4.87% | −1.88 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −1.68 |
| TER Teradyne Inc. | Reduce -43.0% | 1.53% | −1.63 |
Portfolio Buys Q1 2026 → Q2 2026
| SNDK Sandisk Corp. | Add +165.1% | 8.55% | +6.82 |
| WDC Western Digital Corp. | New | 6.09% | +6.09 |
| MU Micron Technology Inc. | New | 5.88% | +5.88 |
| STX Seagate Technology Holdings | New | 5.48% | +5.48 |
| TTMI TTM Technologies | New | 5.03% | +5.03 |
| EWY iShares MSCI South Korea ETF | New | 4.93% | +4.93 |
| MRVL Marvell Technology Inc. | New | 3.64% | +3.64 |
| SITM Sitime Corp. | New | 3.40% | +3.40 |
| GS Goldman Sachs Group Inc. | New | 3.18% | +3.18 |
| SMH Vaneck Semiconductor ETF | New | 2.73% | +2.73 |
| PANW Palo Alto Networks Inc. | New | 2.60% | +2.60 |
| BE Bloom Energy Corp. Class A | New | 2.60% | +2.60 |
| STM Stmicroelectronics NV-NY SHS | New | 2.58% | +2.58 |
| CRDO Credo Technology Group Holdi | New | 2.43% | +2.43 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 2.36% | +2.36 |
| DDOG Datadog Inc. Class A | New | 2.31% | +2.31 |
| ARM Arm Holdings PLC-ADR | New | 2.27% | +2.27 |
| IBKR Interactive Brokers Gro Class A | New | 2.08% | +2.08 |
| AMD Advanced Micro Devices | New | 2.08% | +2.08 |
| ULTA Ulta Beauty Inc. | New | 1.76% | +1.76 |
| SOXX iShares Semiconductor ETF | New | 1.61% | +1.61 |
| AMKR Amkor Technology Inc. | New | 1.45% | +1.45 |
| DELL Dell Technologies -C | New | 1.24% | +1.24 |
| AGX Argan Inc. | New | 0.67% | +0.67 |
| VRT Vertiv Holdings Co. Class A | Add +48.2% | 3.70% | +0.11 |
| NVDA Nvidia Corp. | Add +23.9% | 2.51% | −0.89 |