Yong Rong (HK) Asset Management Ltd In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Yong Rong (HK) Asset Management Ltd reported 14 stock positions worth $475.8 million . Its top holding was Superx AI Technology (SUPX) at 33.5% of the portfolio, followed by Nvidia (NVDA, 11.8% ) and iShares Ethereum Trust ETF (ETHA, 10.7% ). Compared with Q2 2025, it opened 7 new positions, sold out of 10, added to 4 and reduced 2. The biggest buy was Superx AI Technology (SUPX, shares +229% ) and the biggest sale an exit from Futu Holdings Ltd.-ADR (FUTU).
Location SHEUNG WAN, K3
CIK 0001738071
Portfolio Value $475.8M (Q3 2025) Holdings 14 stocks · $475.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2025 SUPX Superx AI Technology Ltd. 2,470,000 $159.3M Add +229.3% NVDA Nvidia Corp. 300,000 $56.0M Reduce -32.0% ETHA iShares Ethereum Trust ETF 1,615,000 $50.9M Add +102.9% GOOG Alphabet Inc. Class C 200,000 $48.7M New ETHU 2X Ether ETF 280,000 $36.4M New PYPL PayPal Holdings Inc. 478,000 $32.1M New CRCL Circle Internet Group Inc. 241,500 $32.0M Add +119.5% RBRK Rubrik Inc. Class A 300,000 $24.7M Add +139.4% UBER Uber Technologies Inc. 96,000 $9.4M New SIL Global X Silver Miners ETF 120,000 $8.6M New U Unity Software Inc. 200,000 $8.0M New ISPR Ispire Technology Inc. 1,504,147 $3.9M No change GDX Vaneck Gold Miners ETF 50,000 $3.8M Reduce -50.0% SMMT Summit Therapeutics Inc. 100,000 $2.1M New
Options reported separately and not counted above: NVIDIA CORPORATION calls ($5.4M), ISHARES BITCOIN TRUST ETF calls ($2.8M), ISHARES ETHEREUM TR calls ($1.9M), RUBRIK INC. calls ($1.4M), CAMECO CORP calls ($432K), UBER TECHNOLOGIES INC calls ($420K), CIRCLE INTERNET GROUP INC calls ($239K).
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ FUTU Futu Holdings Ltd.-ADR Sold out 0.00% −14.26 PDD PDD Holdings Inc. Sold out 0.00% −12.57 HIMS Hims & Hers Health Inc. Sold out 0.00% −11.42 COIN Coinbase Global Inc. Class A Sold out 0.00% −9.02 IBIT iShares Bitcoin Trust ETF Sold out 0.00% −7.38 SLV iShares Silver Trust Sold out 0.00% −6.33 NVDA Nvidia Corp. Reduce -32.0% 11.76% −5.06 CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −2.33 INTC Intel Corp. Sold out 0.00% −1.60 BTI British American Tob-SP ADR Sold out 0.00% −1.60 META Meta Platforms Inc. Class A Sold out 0.00% −1.46 GDX Vaneck Gold Miners ETF Reduce -50.0% 0.80% −0.45
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ SUPX Superx AI Technology Ltd. Add +229.3% 33.49% +31.67 GOOG Alphabet Inc. Class C New 10.24% +10.24 ETHU 2X Ether ETF New 7.64% +7.64 ETHA iShares Ethereum Trust ETF Add +102.9% 10.70% +7.03 PYPL PayPal Holdings Inc. New 6.74% +6.74 RBRK Rubrik Inc. Class A Add +139.4% 5.19% +2.48 UBER Uber Technologies Inc. New 1.98% +1.98 CRCL Circle Internet Group Inc. Add +119.5% 6.73% +1.92 SIL Global X Silver Miners ETF New 1.81% +1.81 U Unity Software Inc. New 1.68% +1.68 SMMT Summit Therapeutics Inc. New 0.43% +0.43
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ NVIDIA CORPORATION call New 78,000 $5.4M ISHARES BITCOIN TRUST ETF call New 25,000 $2.8M ISHARES ETHEREUM TR call New 30,000 $1.9M RUBRIK INC. call New 5,000 $1.4M CAMECO CORP call New 6,000 $432K UBER TECHNOLOGIES INC call New 15,000 $420K CIRCLE INTERNET GROUP INC call New 1,766 $239K INTEL CORP call Sold out 10,000 $150Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 7 $117.1M TSM, CRCL, PDD, GDX, SUNRISE NEW ENERGY CO LTD Q1 2026 8 $218.5M CRCL, MU, KORU, SUPX, SNDK Q4 2025 17 $328.6M CRCL, GOOG, SUPX, BULL, ETHA Q3 2025 14 $475.8M SUPX, NVDA, ETHA, GOOG, ETHU Q2 2025 17 $414.5M NVDA, FUTU, PDD, HIMS, COIN Q1 2025 23 $428.0M FUTU, HIMS, HOOD, ZETA, INOD Q4 2024 16 $228.6M BTDR, HIMS, AAOI, LEU, GDX Q3 2024 20 $342.1M FUTU, MSTR, COIN, TSLA, META Q2 2024 14 $289.4M PDD, NVDA, META, AAPL, TSM Q1 2024 18 $374.9M NVDA, META, TSLA, IBIT, PDD