CloudAlpha Capital Management Limited/Hong Kong portfolio

What changed this quarter

53 positions with a change (17 new, 3 added to, 3 trimmed, 30 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Lumentum Holdings−13.8 ppof portfolioSold out
  15.3% → —
• Advanced Micro Devices+12.9 ppof portfolioNew
  — → 12.9%
• Lam Research+11.6 ppof portfolioNew
  — → 11.6%
• Circle Internet Group−11.4 ppof portfolioSold out
  12.6% → —
• Modine Manufacturing−9.1 ppof portfolioSold out
  10.2% → —
• Vishay Intertechnology+8.2 ppof portfolioNew
  — → 8.2%
• Tesla+200%more sharesIncreased
  3.3% → 10.1%
• Coherent−6.6 ppof portfolioSold out
  7.4% → —
• Applied Materials+6.6 ppof portfolioNew
  — → 6.6%
• Microsoft−6.5 ppof portfolioSold out
  7.2% → —
• Marvell Technology+126%more sharesIncreased
  1.5% → 9.3%
• Qualcomm+5.1 ppof portfolioNew
  — → 5.1%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Advanced Micro DevicesAMD12.9%
• Lam ResearchLRCX11.6%
• TeslaTSLA10.1%
• Marvell TechnologyMRVL9.3%
• Vishay IntertechnologyVSH8.2%
• Applied MaterialsAMAT6.6%
• SandiskSNDK6.0%
• QualcommQCOM5.1%
• Forgent Power SolutionsFPS3.9%
• POET TechnologiesPOET3.9%
• WolfspeedWOLF3.4%
• Bloom EnergyBE3.3%
• IntelINTC3.2%
• Robinhood MarketsHOOD2.3%
• MKSMKSI1.8%
• Fundrise Innovation FundVCX1.5%
• SnowflakeSNOW1.4%
• Ultra Clean HoldingsUCTT1.3%
• EntegrisENTG1.3%
• Ichor HoldingsICHR1.3%
• Astera LabsALAB1.0%
• AlphabetGOOGL0.3%
• Pony AIPONY0.2%
• Micron TechnologyMUunder 0.1%