Institutional Manager · CIK 0002057060
GF FUND MANAGEMENT CO. LTD.
GUANGZHOU, F4 · File #028-25373
Latest AUM
$5.85B
Positions
643
Top-10 Concentration
57.5%
Filings
5
Portfolio Value Over Time
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 | Netflix Inc | NFLX | +806,909 | +$75.7M | -$96.0M |
| REDUCE | Broadcom Inc | AVGO | -217,184 | -$75.2M | +$13.4M |
| NEW | Teradyne Inc | TER | +350,137 | +$67.8M | $0 |
| REDUCE | Bloom Energy Corp | BE | -505,192 | -$43.9M | +$1.5M |
| ADD | Tower Semiconductor Ltd | TSEM | +307,267 | +$36.1M | +$51,662 |
| ADD | Tesla Inc | TSLA | +72,438 | +$32.6M | +$1.9M |
| ADD | Alphabet Inc | GOOG | +101,085 | +$31.7M | +$52.9M |
| ADD | PDD Holdings Inc | PDD | +226,027 | +$25.6M | -$14.9M |
| REDUCE | SAP SE | SAPGF | -94,705 | -$23.0M | -$3.1M |
| REDUCE | Robinhood Markets Inc | 770700102 | -191,272 | -$21.6M | -$11.6M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025643 pos · $5.85B
- 13F HOLDINGS REPORTQ/E Sep 2025631 pos · $5.51B
- 13F HOLDINGS REPORTQ/E Jun 2025660 pos · $4.97B
- 13F HOLDINGS REPORTQ/E Mar 2025666 pos · $4.26B
- 13F HOLDINGS REPORTQ/E Dec 2024637 pos · $4.62B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NVIDIA Corp | NVDA | 2,471,909 | $461.0M | 9.95% |
| 2 | Apple Inc | AAPL | 1,490,633 | $405.2M | 8.75% |
| 3 | Microsoft Corp | MSFT | 717,210 | $346.9M | 7.49% |
| 4 | Alphabet Inc | GOOG | 853,836 | $267.9M | 5.79% |
| 5 | Amazon.com Inc | AMZN | 1,155,772 | $266.8M | 5.76% |
| 6 | Broadcom Inc | AVGO | 610,896 | $211.4M | 4.57% |
| 7 | Tesla Inc | TSLA | 460,224 | $207.0M | 4.47% |
| 8 | Meta Platforms Inc | META | 303,107 | $200.1M | 4.32% |
| 9 | Lumentum Holdings Inc | LITE | 415,245 | $153.1M | 3.31% |
| 10 | Alphabet Inc | GOOG | 456,989 | $143.0M | 3.09% |
| 11 | PDD Holdings Inc | PDD | 1,019,069 | $115.6M | 2.50% |
| 12 | Sandisk Corp/DE | SNDK | 472,863 | $112.2M | 2.42% |
| 13 | Micron Technology Inc | MU | 311,543 | $88.9M | 1.92% |
| 14 | Costco Wholesale Corp | 22160K105 | 101,433 | $87.5M | 1.89% |
| 15 | Palantir Technologies Inc | PLTR | 483,920 | $86.0M | 1.86% |
| 16 | Netflix Inc | NFLX | 893,795 | $83.8M | 1.81% |
| 17 | Advanced Micro Devices Inc | AMD | 362,381 | $77.6M | 1.68% |
| 18 | Teradyne Inc | TER | 350,137 | $67.8M | 1.46% |
| 19 | Cisco Systems Inc | CSCO | 833,419 | $64.2M | 1.39% |
| 20 | Philip Morris International In | 718172109 | 368,854 | $59.2M | 1.28% |