Institutional Manager · CIK 0001665925
Ariose Capital Management Ltd
CENTRAL, HONG KONG, K3 · File #028-17188
Latest AUM
$298.5M
Positions
14
Top-10 Concentration
97.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | ALPHABET INC | GOOG | +136,232 | +$42.7M | +$5.8M |
| NEW | TERADYNE INC | TER | +166,627 | +$32.3M | $0 |
| ADD | UNITY SOFTWARE INC | U | +452,983 | +$20.0M | +$1.9M |
| EXITED | COHERENT CORP | 19247G107 | -180,305 | -$19.4M | $0 |
| EXITED | ISHARES BITCOIN TRUST ETF | 46438F101 | -285,825 | -$18.6M | $0 |
| NEW | NETFLIX INC | NFLX | +189,900 | +$17.8M | $0 |
| EXITED | ALIBABA GROUP HLDG LTD | 01609W102 | -99,175 | -$17.7M | $0 |
| NEW | KLA CORP | KLAC | +13,300 | +$16.2M | $0 |
| EXITED | LUMENTUM HLDGS INC | 55024U109 | -97,609 | -$15.9M | $0 |
| EXITED | SHOPIFY INC | 82509L107 | -87,200 | -$13.0M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202514 pos · $298.5M
- 13F HOLDINGS REPORTQ/E Sep 202535 pos · $298.2M
- 13F HOLDINGS REPORTQ/E Jun 202518 pos · $158.2M
- 13F HOLDINGS REPORTQ/E Mar 202512 pos · $91.2M
- 13F HOLDINGS REPORTQ/E Dec 202413 pos · $120.8M
- 13F HOLDINGS REPORTQ/E Sep 20249 pos · $116.8M
- 13F HOLDINGS REPORTQ/E Jun 202413 pos · $131.0M
- 13F HOLDINGS REPORTQ/E Mar 202412 pos · $189.9M
- 13F HOLDINGS REPORTQ/E Dec 20239 pos · $176.7M
Top 14 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOG | 218,887 | $68.7M | 23.01% |
| 2 | NVIDIA CORPORATION | NVDA | 325,700 | $60.7M | 20.35% |
| 3 | UNITY SOFTWARE INC | U | 924,583 | $40.8M | 13.68% |
| 4 | TERADYNE INC | TER | 166,627 | $32.3M | 10.80% |
| 5 | JOYY INC | JOYY | 379,837 | $24.6M | 8.24% |
| 6 | NETFLIX INC | NFLX | 189,900 | $17.8M | 5.96% |
| 7 | KLA CORP | KLAC | 13,300 | $16.2M | 5.41% |
| 8 | DAQO NEW ENERGY CORP | DQ | 457,155 | $13.5M | 4.52% |
| 9 | ISHARES SILVER TR | SLV | 146,200 | $9.4M | 3.16% |
| 10 | NOVABRIDGE BIOSCIENCES | NBP | 1,363,515 | $5.4M | 1.82% |
| 11 | CAMTEK LTD | CAMT | 36,700 | $3.9M | 1.31% |
| 12 | MUELLER INDS INC | 624756102 | 33,212 | $3.8M | 1.28% |
| 13 | YALLA GROUP LTD | YALA | 109,934 | $762,942 | 0.26% |
| 14 | QFIN HOLDINGS INC | QFNHF | 31,574 | $608,431 | 0.20% |