# BRIGHT VALLEY CAPITAL Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1965546. Source: https://holderbook.com/funds/1965546-bright-valley-capital-ltd/

- Reported value: $626.0M
- Positions: 19
- Weight of the ten largest: 90.7%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $267.7M | 1,567,500 | 42.8% | 6 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $60.2M | 0 | 9.6% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $51.5M | 0 | 8.2% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $40.0M | 0 | 6.4% | 1 |
| ATOUR LIFESTYLE HLDGS LTD | [ATAT](https://holderbook.com/stocks/ATAT/) | $32.4M | 1,017,508 | 5.2% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $32.1M | 0 | 5.1% | 1 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $27.7M | 12,200 | 4.4% | 1 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $22.5M | 0 | 3.6% | 3 |
| ROUNDHILL ETF TRUST | - | $18.5M | 250,000 | 2.9% | 1 |
| ACM RESH INC | [ACMR](https://holderbook.com/stocks/ACMR/) | $15.0M | 118,000 | 2.4% | 1 |
| JOYY INC | [JOYY](https://holderbook.com/stocks/JOYY/) | $13.1M | 198,000 | 2.1% | 8 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $13.0M | 0 | 2.1% | 1 |
| FUTU HLDGS LTD | [FUTU](https://holderbook.com/stocks/FUTU/) | $8.4M | 81,500 | 1.3% | 1 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $6.4M | 0 | 1.0% | 1 |
| VIPSHOP HLDGS LTD | [VIPS](https://holderbook.com/stocks/VIPS/) | $6.4M | 480,000 | 1.0% | 3 |
| DOUYU INTL HLDGS LTD | [DOYU](https://holderbook.com/stocks/DOYU/) | $6.2M | 1,334,229 | 1.0% | 10 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $3.0M | 223,500 | 0.5% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.9M | 0 | 0.3% | 1 |
| FINVOLUTION GROUP | [FINV](https://holderbook.com/stocks/FINV/) | $15.2K | 3,169 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +39.9% | +14.8% | +25.1% | 68% |
| Q1 2026 | -4.4% | -4.6% | +0.2% | 61% |
| Q4 2025 | -4.8% | +2.4% | -7.1% | 100% |
| Q3 2025 | +4.4% | +7.8% | -3.4% | 95% |
| Q2 2025 | +3.7% | +10.5% | -6.8% | 73% |
| Q1 2025 | +0.6% | -4.6% | +5.2% | 100% |
| Q4 2024 | -2.4% | +2.1% | -4.5% | 100% |
| Q3 2024 | +13.4% | +5.4% | +8.0% | 77% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $626.0M | 19 |
| Q1 2026 | $153.4M | 12 |
| Q4 2025 | $269.2M | 14 |
| Q3 2025 | $168.9M | 13 |
| Q2 2025 | $141.5M | 10 |
| Q1 2025 | $297.3M | 16 |
| Q4 2024 | $234.4M | 10 |
| Q3 2024 | $127.8M | 8 |
| Q2 2024 | $88.7M | 11 |
| Q1 2024 | $67.5M | 10 |
| Q4 2023 | $125.8M | 9 |