Institutional Manager · CIK 0001933952
AI-Squared Management Ltd
HONG KONG, K3 · File #028-23619
Latest AUM
$86.1M
Positions
18
Top-10 Concentration
76.5%
Filings
8
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 |
|---|---|---|---|---|---|
| REDUCE | PDD HOLDINGS INC | PDD | -153,365 | -$17.4M | -$3.4M |
| NEW | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | +29,560 | +$9.0M | $0 |
| EXITED | ONTO INNOVATION INC | 683344105 | -60,300 | -$7.8M | $0 |
| NEW | CANADIAN SOLAR INC | CSIQ | +297,800 | +$7.1M | $0 |
| NEW | NVIDIA CORPORATION | NVDA | +32,900 | +$6.1M | $0 |
| EXITED | HERTZ GLOBAL HLDGS INC | 42806J700 | -878,900 | -$6.0M | $0 |
| ADD | ADVANCED MICRO DEVICES INC | AMD | +26,000 | +$5.6M | +$586,544 |
| EXITED | APPLIED OPTOELECTRONICS INC | 03823U102 | -194,500 | -$5.0M | $0 |
| EXITED | ALIBABA GROUP HLDG LTD | 01609W102 | -22,626 | -$4.0M | $0 |
| NEW | SOLARIS ENERGY INFRAS INC | SEI | +85,500 | +$3.9M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202518 pos · $86.1M
- 13F HOLDINGS REPORTQ/E Sep 202520 pos · $96.0M
- 13F HOLDINGS REPORTQ/E Jun 202511 pos · $158.6M
- 13F HOLDINGS REPORTQ/E Mar 202516 pos · $107.3M
- 13F HOLDINGS REPORTQ/E Dec 202420 pos · $98.1M
- 13F HOLDINGS REPORTQ/E Sep 202426 pos · $197.5M
- 13F HOLDINGS REPORTQ/E Jun 202425 pos · $177.8M
- 13F HOLDINGS REPORTQ/E Mar 202418 pos · $133.1M
Top 18 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BAIDU INC | BAIDF | 97,150 | $12.7M | 14.74% |
| 2 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 29,560 | $9.0M | 10.43% |
| 3 | ADVANCED MICRO DEVICES INC | AMD | 37,200 | $8.0M | 9.25% |
| 4 | CANADIAN SOLAR INC | CSIQ | 297,800 | $7.1M | 8.22% |
| 5 | NVIDIA CORPORATION | NVDA | 32,900 | $6.1M | 7.12% |
| 6 | GDS HLDGS LTD | GDHLF | 166,740 | $5.8M | 6.76% |
| 7 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 143,000 | $5.6M | 6.54% |
| 8 | SOLARIS ENERGY INFRAS INC | SEI | 85,500 | $3.9M | 4.56% |
| 9 | AMKOR TECHNOLOGY INC | AMKR | 98,200 | $3.9M | 4.50% |
| 10 | VNET GROUP INC | VNET | 441,571 | $3.7M | 4.34% |
| 11 | INTEL CORP | INTC | 99,300 | $3.7M | 4.25% |
| 12 | FUTU HLDGS LTD | FUTU | 21,400 | $3.5M | 4.08% |
| 13 | PDD HOLDINGS INC | PDD | 27,143 | $3.1M | 3.57% |
| 14 | BROADCOM INC | AVGO | 8,880 | $3.1M | 3.57% |
| 15 | UNIVERSAL DISPLAY CORP | OLED | 16,281 | $1.9M | 2.21% |
| 16 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 13,200 | $1.9M | 2.21% |
| 17 | MICRON TECHNOLOGY INC | MU | 5,600 | $1.6M | 1.86% |
| 18 | IQIYI INC | IQ | 802,400 | $1.5M | 1.79% |