AI-Squared Management Ltd

Q4 2025 13F-HR Holdings

Location
Hong Kong, K3
Holdings as of
12/31/2025
Date filed
2/12/2026
Form type
13F-HR
Num holdings
18
Total value ($000)
$86,123
Net value change ($000)
-9,916 (-10.3%)
New positions
7
Sold out positions
9
Turnover %
76.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/13/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
TSM 8,983 NEW
CSIQ 7,079 NEW
AMD 6,155 339.7%
NVDA 6,136 NEW
SEI 3,930 NEW
FUTU 3,201 1022.7%
AVGO 3,073 NEW
AMKR 2,037 110.7%
GDS 2,016 53.0%
CRDO 1,899 NEW
Top Reduces (Value $000, Stocks/ETFs)
PDD -20,780 -87.1%
ONTO -7,792 -100.0%
HTZ -5,977 -100.0%
AAOI -5,043 -100.0%
BABA -4,044 -100.0%
YMM -3,615 -100.0%
OLED -3,614 -65.5%
LITE -1,953 -100.0%
CLS -1,872 -100.0%
JBL -1,759 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type