# Q Fund Management (Hong Kong) Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2078832. Source: https://holderbook.com/funds/2078832-q-fund-management-hong-kong-ltd/

- Reported value: $109.5M
- Positions: 26
- Weight of the ten largest: 96.4%
- Filed: 2026-07-22

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 |
|---|---|---|---|---|---|
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $19.5M | 65,400 | 17.8% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $16.3M | 116,840 | 14.9% | 3 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $15.0M | 6,600 | 13.7% | 3 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $13.8M | 28,500 | 12.6% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $12.2M | 10,600 | 11.2% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $11.1M | 19,100 | 10.1% | 1 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $8.3M | 27,300 | 7.5% | 2 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $6.1M | 8,400 | 5.5% | 1 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $2.4M | 25,000 | 2.2% | 7 |
| M-TRON INDS INC | [MPTI](https://holderbook.com/stocks/MPTI/) | $991.5K | 10,000 | 0.9% | 1 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $858.3K | 4,160 | 0.8% | 1 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $806.6K | 940 | 0.7% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $706.7K | 2,000 | 0.6% | 1 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $343.3K | 4,500 | 0.3% | 3 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $291.4K | 6,000 | 0.3% | 7 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $288.6K | 4,000 | 0.3% | 3 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $123.2K | 3,000 | 0.1% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $119.2K | 500 | 0.1% | 3 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $91.3K | 800 | 0.1% | 2 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $86.4K | 1,000 | 0.1% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $71.5K | 200 | 0.1% | 6 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $41.0K | 200 | 0.0% | 1 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $40.2K | 500 | 0.0% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $37.3K | 100 | 0.0% | 2 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $29.6K | 100 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $21.2K | 400 | 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 | +69.3% | +14.8% | +54.5% | 100% |
| Q1 2026 | +4.9% | -4.6% | +9.6% | 100% |
| Q4 2025 | -19.2% | +2.4% | -21.6% | 100% |
| Q3 2025 | +21.0% | +7.8% | +13.2% | 100% |
| Q2 2025 | +40.6% | +10.5% | +30.2% | 100% |
| Q1 2025 | -13.7% | -4.6% | -9.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $109.5M | 26 |
| Q1 2026 | $41.7M | 21 |
| Q4 2025 | $106.5M | 33 |
| Q3 2025 | $144.1M | 25 |
| Q2 2025 | $181.9M | 27 |
| Q1 2025 | $73.1M | 27 |
| Q4 2024 | $95.4M | 34 |