MY.Alpha Management HK Advisors portfolio

What changed this quarter

12 positions with a change (3 new, 2 added to, 2 trimmed, 5 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Ishares+19.1 ppof portfolioNew
  — → 19.1%
• PayPay−12.5 ppof portfolioSold out
  13.2% → —
• ACM Research+12.2 ppof portfolioNew
  — → 12.2%
• Taiwan Semiconductor Manufacturing−45%fewer sharesReduced
  11.7% → 8.7%
• Micron Technology−6.4 ppof portfolioSold out
  6.7% → —
• Sea+4.9 ppof portfolioNew
  — → 4.9%
• Alibaba Group Holding+217%more sharesIncreased
  3.0% → 6.8%
• Bilibili−3.7 ppof portfolioSold out
  3.9% → —
• Petrobras - Petroleo Brasileiro−3.5 ppof portfolioSold out
  3.7% → —
• Futu Holdings+27%more sharesIncreased
  19.0% → 15.6%
• Sandisk−2.0 ppof portfolioSold out
  2.1% → —
• Netease−16%fewer sharesReduced
  8.6% → 7.8%

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

• IsharesEWY19.1%Since Q2 2026 · 1 quarterDetails ▾
• Futu HoldingsFUTU15.6%Since Q4 2023 · 11 quartersDetails ▾
• JOYYJOYY15.2%Since at least Q4 2021 · 19 quartersDetails ▾
• ACM ResearchACMR12.2%Since Q2 2026 · 1 quarterDetails ▾
• GDS HoldingsGDS9.8%Since Q2 2025 · 5 quartersDetails ▾
• Taiwan Semiconductor ManufacturingTSM8.7%Since Q2 2024 · 9 quartersDetails ▾
• NeteaseNTES7.8%Since Q4 2025 · 3 quartersDetails ▾
• Alibaba Group HoldingBABA6.8%Since Q1 2026 · 2 quartersDetails ▾
• SeaSE4.9%Since Q2 2026 · 1 quarterDetails ▾

“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.