Y-Intercept (Hong Kong) Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Y-Intercept (Hong Kong) Ltd reported 1,142 stock positions worth $1.5 billion. Its top holding was Novo-Nordisk A/S-Spons ADR (NVO) at 1.2% of the portfolio, followed by Arista Networks (ANET, 1.1%) and Alphabet Class C (GOOG, 1.1%). Compared with Q4 2024, it opened 563 new positions, sold out of 546, added to 294 and reduced 284. The biggest buy was a new position in Arista Networks (ANET) and the biggest sale Meta Platforms Class A (META, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001772875
- Portfolio Value
- $1.5B (Q1 2025)
- SEC Filing
- 0001772875-25-000019 ↗ filed May 6, 2025
Holdings Value
Holdings 1,142 stocks · $1.5B
| NVO Novo-Nordisk A/S-Spons ADR | 1.17% | 247,815 | $17.2M | Add +98.1% |
| ANET Arista Networks Inc. | 1.15% | 218,796 | $17.0M | New |
| GOOG Alphabet Inc. Class C | 1.15% | 108,344 | $16.9M | Add +205.4% |
| MRVL Marvell Technology Inc. | 1.10% | 263,328 | $16.2M | New |
| DECK Deckers Outdoor Corp. | 0.92% | 121,892 | $13.6M | New |
| NOW ServiceNow Inc. | 0.90% | 16,679 | $13.3M | Add +3673.5% |
| BX Blackstone Inc. | 0.87% | 92,002 | $12.9M | Add +4.8% |
| GOOGL Alphabet Inc. Class A | 0.72% | 68,321 | $10.6M | New |
| WMT Walmart Inc. | 0.69% | 115,217 | $10.1M | Add +236.3% |
| DAL Delta Air Lines Inc. | 0.62% | 211,099 | $9.2M | Add +650.2% |
| GS Goldman Sachs Group Inc. | 0.62% | 16,795 | $9.2M | Add +466.6% |
| C Citigroup Inc. | 0.62% | 127,990 | $9.1M | Add +129.5% |
| AVGO Broadcom Inc. | 0.59% | 51,932 | $8.7M | Add +11.5% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.58% | 157,115 | $8.6M | Add +272.6% |
| XOM Exxon Mobil Corp. | 0.58% | 71,980 | $8.6M | New |
| SHOP Shopify Inc. Class A | 0.56% | 86,063 | $8.2M | Add +160.5% |
| MSFT Microsoft Corp. | 0.55% | 21,558 | $8.1M | New |
| TEAM Atlassian Corp. Class A | 0.53% | 36,586 | $7.8M | Add +16.9% |
| MS Morgan Stanley | 0.52% | 65,932 | $7.7M | Add +567.5% |
| DDOG Datadog Inc. Class A | 0.49% | 72,978 | $7.2M | Add +37.4% |
| CRM Salesforce Inc. | 0.49% | 26,681 | $7.2M | Add +47.0% |
| LMT Lockheed Martin Corp. | 0.48% | 15,823 | $7.1M | Reduce -30.9% |
| LEN Lennar Corp. Class A | 0.48% | 61,220 | $7.0M | Reduce -50.3% |
| DLR Digital Realty Trust Inc. | 0.47% | 48,343 | $6.9M | Add +173.9% |
| TER Teradyne Inc. | 0.47% | 83,799 | $6.9M | New |
| ALK Alaska Air Group Inc. | 0.46% | 139,018 | $6.8M | New |
| CMI Cummins Inc. | 0.44% | 20,816 | $6.5M | Add +186.5% |
| LULU Lululemon Athletica Inc. | 0.44% | 22,909 | $6.5M | New |
| CELH Celsius Holdings Inc. | 0.44% | 180,850 | $6.4M | New |
| GM General Motors Co. | 0.44% | 136,697 | $6.4M | Add +753.6% |
| CMG Chipotle Mexican Grill Inc. | 0.43% | 127,299 | $6.4M | Add +81.2% |
| USB US Bancorp | 0.43% | 150,837 | $6.4M | Add +386.4% |
| SHEL Shell PLC-ADR | 0.43% | 85,815 | $6.3M | Add +755.2% |
| EQNR Equinor ASA-Spon ADR | 0.43% | 237,424 | $6.3M | Add +329.3% |
| HUBS HubSpot Inc. | 0.42% | 10,952 | $6.3M | Add +100.1% |
| WFC Wells Fargo & Co. | 0.42% | 86,924 | $6.2M | Reduce -13.6% |
| REGN Regeneron Pharmaceuticals | 0.42% | 9,704 | $6.2M | Reduce -15.8% |
| TFX Teleflex Inc. | 0.41% | 43,503 | $6.0M | Add +1643.6% |
| BLK BlackRock Inc. | 0.39% | 6,109 | $5.8M | New |
| AIG American International Group | 0.39% | 66,425 | $5.8M | New |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.38% | 127,687 | $5.7M | New |
| ETN Eaton Corp. PLC | 0.38% | 20,494 | $5.6M | Add +216.8% |
| ALAB Astera Labs Inc. | 0.38% | 92,899 | $5.5M | New |
| PNC PNC Financial Services Group | 0.37% | 31,082 | $5.5M | Add +77.9% |
| CAH Cardinal Health Inc. | 0.36% | 38,816 | $5.3M | Add +258.4% |
| FIX Comfort Systems USA Inc. | 0.36% | 16,539 | $5.3M | Add +73.4% |
| CRH CRH PLC | 0.36% | 59,603 | $5.2M | Add +321.8% |
| RIVN Rivian Automotive Inc. Class A | 0.35% | 413,815 | $5.2M | Add +36.4% |
| AMAT Applied Materials Inc. | 0.34% | 34,919 | $5.1M | Add +10.9% |
| ABNB Airbnb Inc. Class A | 0.33% | 41,162 | $4.9M | New |
| PBR Petroleo Brasileiro-Spon ADR | 0.33% | 338,425 | $4.9M | Add +197.9% |
| XYZ Block Inc. | 0.32% | 87,721 | $4.8M | Add +56.4% |
| GEV GE Vernova Inc. | 0.32% | 15,562 | $4.8M | Add +377.2% |
| DG Dollar General Corp. | 0.32% | 53,449 | $4.7M | Add +164.1% |
| A Agilent Technologies Inc. | 0.32% | 40,018 | $4.7M | Add +167.1% |
| RL Ralph Lauren Corp. | 0.32% | 21,164 | $4.7M | New |
| WM Waste Management Inc. | 0.31% | 20,020 | $4.6M | Add +151.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.31% | 27,910 | $4.6M | New |
| DOV Dover Corp. | 0.31% | 26,363 | $4.6M | New |
| BAH Booz Allen Hamilton Holdings | 0.31% | 43,874 | $4.6M | Add +9.7% |
| ANF Abercrombie & Fitch Co. Class A | 0.31% | 60,020 | $4.6M | New |
| META Meta Platforms Inc. Class A | 0.31% | 7,932 | $4.6M | Reduce -72.6% |
| NET Cloudflare Inc. Class A | 0.31% | 40,503 | $4.6M | New |
| ISRG Intuitive Surgical Inc. | 0.31% | 9,173 | $4.5M | New |
| UAL United Airlines Holdings Inc. | 0.29% | 62,878 | $4.3M | New |
| CIEN Ciena Corp. | 0.29% | 71,243 | $4.3M | New |
| HUBB Hubbell Inc. | 0.29% | 12,888 | $4.3M | Add +377.9% |
| PYPL PayPal Holdings Inc. | 0.29% | 64,515 | $4.2M | Add +308.6% |
| VST Vistra Corp. | 0.28% | 35,542 | $4.2M | Reduce -6.2% |
| SYK Stryker Corp. | 0.28% | 11,184 | $4.2M | Add +136.3% |
| RDDT Reddit Inc. Class A | 0.28% | 39,624 | $4.2M | New |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.28% | 47,980 | $4.1M | Add +73.8% |
| ONTO Onto Innovation Inc. | 0.28% | 33,857 | $4.1M | New |
| TPR Tapestry Inc. | 0.28% | 58,017 | $4.1M | New |
| KNX Knight-Swift Transportation | 0.28% | 93,648 | $4.1M | New |
| SYF Synchrony Financial | 0.28% | 76,724 | $4.1M | Add +109.8% |
| TWLO Twilio Inc. Class A | 0.27% | 41,345 | $4.0M | Add +529.2% |
| ACN Accenture PLC Class A | 0.27% | 12,846 | $4.0M | Add +1191.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.27% | 5 | $4.0M | Add +400.0% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 7,937 | $3.9M | Add +175.4% |
| ECL Ecolab Inc. | 0.26% | 15,344 | $3.9M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 92,230 | $3.8M | Reduce -35.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.26% | 41,820 | $3.8M | New |
| CEG Constellation Energy | 0.26% | 18,982 | $3.8M | New |
| UMC United Microelectron-SP ADR | 0.26% | 526,301 | $3.8M | New |
| UPS United Parcel Service Class B | 0.25% | 34,201 | $3.8M | Add +174.0% |
| SRE Sempra | 0.25% | 52,185 | $3.7M | Add +211.0% |
| HSIC Henry Schein Inc. | 0.25% | 54,293 | $3.7M | New |
| XPEV Xpeng Inc. - ADR | 0.25% | 178,325 | $3.7M | New |
| CRDO Credo Technology Group Holdi | 0.25% | 90,067 | $3.6M | New |
| EXPE Expedia Group Inc. | 0.24% | 21,449 | $3.6M | New |
| FISV Fiserv Inc. | 0.24% | 16,271 | $3.6M | New |
| PG The Procter & Gamble Co. | 0.24% | 20,982 | $3.6M | New |
| JEF Jefferies Financial Group Inc. | 0.23% | 64,054 | $3.4M | Add +369.4% |
| ATI Ati Inc. | 0.23% | 64,556 | $3.4M | New |
| PINS Pinterest Inc. Class A | 0.23% | 108,011 | $3.3M | Add +303.2% |
| VALE Vale SA-SP ADR | 0.22% | 332,323 | $3.3M | New |
| ADBE Adobe Inc. | 0.22% | 8,561 | $3.3M | Reduce -9.7% |
| SPOT Spotify Technology SA | 0.22% | 5,968 | $3.3M | New |
| FDX FedEx Corp. | 0.22% | 13,450 | $3.3M | New |
Portfolio Sells Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Reduce -72.6% | 0.31% | −0.82 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.68 |
| TMUS T-Mobile US Inc. | Reduce -94.7% | 0.05% | −0.67 |
| LEN Lennar Corp. Class A | Reduce -50.3% | 0.48% | −0.64 |
| AMD Advanced Micro Devices | Reduce -93.9% | 0.03% | −0.60 |
| NSC Norfolk Southern Corp. | Reduce -96.5% | 0.02% | −0.58 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.54 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.49 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.44 |
| MELI MercadoLibre Inc. | Reduce -82.0% | 0.12% | −0.44 |
| LHX L3HARRIS Technologies Inc. | Reduce -85.3% | 0.08% | −0.44 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.41 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.40 |
| SFM Sprouts Farmers Market Inc. | Reduce -96.7% | 0.02% | −0.40 |
| TM Toyota Motor Corp. -Spon ADR | Sold out | 0.00% | −0.39 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −0.37 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.37 |
| CTAS Cintas Corp. | Reduce -88.7% | 0.05% | −0.37 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.36 |
| STLD Steel Dynamics Inc. | Reduce -92.8% | 0.03% | −0.36 |
| PM Philip Morris International | Sold out | 0.00% | −0.35 |
| BKNG Booking Holdings Inc. | Reduce -70.1% | 0.14% | −0.35 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.35 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.35 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.34 |
| SNPS Synopsys Inc. | Reduce -75.9% | 0.09% | −0.33 |
| NTRA Natera Inc. | Sold out | 0.00% | −0.33 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.33 |
| CVX Chevron Corp. | Reduce -73.5% | 0.15% | −0.33 |
| VMC Vulcan Materials Co. | Reduce -94.9% | 0.02% | −0.32 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.31 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.31 |
| INVH Invitation Homes Inc. | Sold out | 0.00% | −0.31 |
| ELV Elevance Health Inc. | Reduce -93.9% | 0.02% | −0.30 |
| LDOS Leidos Holdings Inc. | Sold out | 0.00% | −0.30 |
| CSL Carlisle Cos Inc. | Reduce -92.9% | 0.02% | −0.30 |
| PSA Public Storage | Reduce -69.6% | 0.13% | −0.29 |
| CI The Cigna Group | Sold out | 0.00% | −0.29 |
| WING Wingstop Inc. | Reduce -77.8% | 0.06% | −0.29 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.29 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.27 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.27 |
| UNH Unitedhealth Group Inc. | Reduce -92.8% | 0.02% | −0.26 |
| LMT Lockheed Martin Corp. | Reduce -30.9% | 0.48% | −0.26 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −0.26 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −0.26 |
| BXSL Blackstone Secured Lending F | Sold out | 0.00% | −0.26 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.26 |
| KEYS Keysight Technologies Inc. | Reduce -76.0% | 0.07% | −0.25 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.25 |
Portfolio Buys Q4 2024 → Q1 2025
| ANET Arista Networks Inc. | New | 1.15% | +1.15 |
| MRVL Marvell Technology Inc. | New | 1.10% | +1.10 |
| DECK Deckers Outdoor Corp. | New | 0.92% | +0.92 |
| NOW ServiceNow Inc. | Add +3673.5% | 0.90% | +0.87 |
| GOOGL Alphabet Inc. Class A | New | 0.72% | +0.72 |
| GOOG Alphabet Inc. Class C | Add +205.4% | 1.15% | +0.70 |
| XOM Exxon Mobil Corp. | New | 0.58% | +0.58 |
| MSFT Microsoft Corp. | New | 0.55% | +0.55 |
| DAL Delta Air Lines Inc. | Add +650.2% | 0.62% | +0.51 |
| GS Goldman Sachs Group Inc. | Add +466.6% | 0.62% | +0.51 |
| WMT Walmart Inc. | Add +236.3% | 0.69% | +0.48 |
| TER Teradyne Inc. | New | 0.47% | +0.47 |
| ALK Alaska Air Group Inc. | New | 0.46% | +0.46 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +98.1% | 1.17% | +0.45 |
| LULU Lululemon Athletica Inc. | New | 0.44% | +0.44 |
| MS Morgan Stanley | Add +567.5% | 0.52% | +0.44 |
| CELH Celsius Holdings Inc. | New | 0.44% | +0.44 |
| BLK BlackRock Inc. | New | 0.39% | +0.39 |
| AIG American International Group | New | 0.39% | +0.39 |
| SHEL Shell PLC-ADR | Add +755.2% | 0.43% | +0.38 |
| P Everpure Inc. Class A | New | 0.38% | +0.38 |
| GM General Motors Co. | Add +753.6% | 0.44% | +0.38 |
| TFX Teleflex Inc. | Add +1643.6% | 0.41% | +0.38 |
| ALAB Astera Labs Inc. | New | 0.38% | +0.38 |
| C Citigroup Inc. | Add +129.5% | 0.62% | +0.35 |
| EQNR Equinor ASA-Spon ADR | Add +329.3% | 0.43% | +0.34 |
| ABNB Airbnb Inc. Class A | New | 0.33% | +0.33 |
| USB US Bancorp | Add +386.4% | 0.43% | +0.33 |
| SHOP Shopify Inc. Class A | Add +160.5% | 0.56% | +0.32 |
| RL Ralph Lauren Corp. | New | 0.32% | +0.32 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.31% | +0.31 |
| DOV Dover Corp. | New | 0.31% | +0.31 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.31% | +0.31 |
| NET Cloudflare Inc. Class A | New | 0.31% | +0.31 |
| ISRG Intuitive Surgical Inc. | New | 0.31% | +0.31 |
| UAL United Airlines Holdings Inc. | New | 0.29% | +0.29 |
| CIEN Ciena Corp. | New | 0.29% | +0.29 |
| RDDT Reddit Inc. Class A | New | 0.28% | +0.28 |
| ONTO Onto Innovation Inc. | New | 0.28% | +0.28 |
| CAH Cardinal Health Inc. | Add +258.4% | 0.36% | +0.28 |
| TPR Tapestry Inc. | New | 0.28% | +0.28 |
| KNX Knight-Swift Transportation | New | 0.28% | +0.28 |
| CMI Cummins Inc. | Add +186.5% | 0.44% | +0.27 |
| CRH CRH PLC | Add +321.8% | 0.36% | +0.27 |
| ECL Ecolab Inc. | New | 0.26% | +0.26 |
| DLR Digital Realty Trust Inc. | Add +173.9% | 0.47% | +0.26 |
| TROW T Rowe Price Group Inc. | New | 0.26% | +0.26 |
| CEG Constellation Energy | New | 0.26% | +0.26 |
| UMC United Microelectron-SP ADR | New | 0.26% | +0.26 |
| HSIC Henry Schein Inc. | New | 0.25% | +0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,651 | $5.1B | AMZN, AAPL, BSX, MSFT, SPCX |
| Q1 2026 | 1,496 | $5.3B | AAPL, MU, MSFT, DASH, LLY |
| Q4 2025 | 1,482 | $4.5B | NVDA, AVGO, AAPL, MSFT, SCHW |
| Q3 2025 | 1,509 | $4.2B | NVDA, AAPL, SPGI, FISV, NU |
| Q2 2025 | 1,587 | $4.1B | NU, UNH, TMUS, RKLB, INTC |
| Q1 2025 | 1,142 | $1.5B | NVO, ANET, GOOG, MRVL, DECK |
| Q4 2024 | 1,125 | $1.5B | META, LEN, BX, LMT, AVGO |
| Q3 2024 | 1,237 | $1.6B | NVDA, MSFT, JD, SPOT, LLY |
| Q2 2024 | 1,321 | $1.8B | SMCI, AVGO, AAPL, COP, XOM |
| Q1 2024 | 1,312 | $1.3B | ITW, GM, DE, RTX, WHR |