AI-Squared Management Ltd
CIK 1933952 · View on SEC EDGAR ↗
- Portfolio value
- $187.5M
- Positions
- 19
- As of
- June 30, 2026
#6,656 of 9,443 by 13F value · top 70.5%
Portfolio value QoQ: +36.4% 13F does not disclose cash
- Top 10 holdings weight
- 74.12%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 18
- Effective number of positions
- 14.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 69.65% Est. buys $113,146,017 · sells $152,282,855
Median holding: 1.0 quarters Tracked Q4 2024–Q2 2026 · 31.1% still held
- New positions
- 8
- Increased
- 7
- Decreased
- 4
- Closed
- 8
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +111.1% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 98.8% · Options excluded: 24.5%
Sector breakdown
Technology
41.8%
Retail
27.0%
Communication Services
9.5%
Health Care
8.3%
Consumer Discretionary
7.3%
Communications
2.9%
Other/Unmapped
3.2%
Full portfolio 19 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| PDD PDD Holdings Inc. - American Depositary Shares | $24,996,956 | 13.33% | 327,700 | ||||
| BIDU Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share | $17,864,441 | 9.53% | 156,308 | $10,671,389 | Up ×1 | ||
| SNDK Sandisk Corporation - Common Stock | $16,825,602 | 8.97% | 7,400 | $3,394,514 | Down ×1 | ||
| STAA STAAR Surgical Company - Common Stock | $15,562,030 | 8.30% | 542,420 | $10,548,859 | Up ×1 | ||
| JD JD.com, Inc. - American Depositary Shares | $12,992,252 | 6.93% | 509,900 | ||||
| BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share | $12,692,011 | 6.77% | 132,236 | $11,976,889 | Up ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $10,715,972 | 5.72% | 57,990 | Up ×1 | |||
| ATAT Atour Lifestyle Holdings Limited - American Depositary Shares | $9,603,091 | 5.12% | 301,984 | $-1,281,037 | Up ×2 | ||
| NBIS Nebius Group N.V. - Class A Ordinary Shares | $9,213,584 | 4.91% | 33,362 | ||||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $8,500,746 | 4.53% | 17,800 | $3,970,526 | Up ×1 | ||
| VNET VNET Group, Inc. - American Depositary Shares | $8,253,060 | 4.40% | 1,026,500 | $3,098,244 | Up ×3 | ||
| CRWV CoreWeave, Inc. - Class A Common Stock | $6,934,056 | 3.70% | 69,661 | Up ×1 | |||
| NVDA NVIDIA Corporation - Common Stock | $6,843,078 | 3.65% | 34,200 | $-84,962 | Down ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $6,117,737 | 3.26% | 5,300 | $-6,512,074 | Down ×1 | ||
| Unknown issuer (CUSIP: 15675D103) | $5,944,900 | 3.17% | 26,900 | Up ×1 | |||
| NOK Nokia Corporation Sponsored American Depositary Shares | $5,491,280 | 2.93% | 413,500 | Up ×1 | |||
| AMD Advanced Micro Devices, Inc. - Common Stock | $4,414,916 | 2.35% | 7,600 | $-6,956,821 | Down ×1 | ||
| TCOM Trip.com Group Limited - American Depositary Shares | $4,055,712 | 2.16% | 101,800 | $-663,882 | Up ×1 | ||
| CRCL Circle Internet Group, Inc. Class A Common Stock | $463,462 | 0.25% | 7,400 | Up ×1 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| VNET | $8,253,060 | 4.40% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BIDU | Bought more | +92K | +$10.7M |
| STAA | Bought more | +274K | +$10.5M |
| AMD | Trimmed | -48K | -$7.0M |
| MU | Trimmed | -32K | -$6.5M |
| TSM | Bought more | +4K | +$4.0M |
| SNDK | Trimmed | -14K | +$3.4M |
| VNET | Bought more | +412K | +$3.1M |
| ATAT | Bought more | +6K | -$1.3M |
| TCOM | Bought more | +7K | -$664K |
| NVDA | Trimmed | -6K | -$85K |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| QQQ | Sept. 30, 2025 | 174,500 | $96,261,180 | |
| LITE | June 30, 2026 | 36,321 | $25,524,946 | -3.2% |
| NVDA | Sept. 30, 2025 | 93,000 | $14,693,070 | 17.2% |
| MU | June 30, 2025 | 156,408 | $13,590,291 | 652.4% |
| PLTR | Sept. 30, 2025 | 86,700 | $11,818,944 | -6.2% |
| PDD | March 31, 2025 | 115,300 | $11,182,947 | -24.9% |
| TAL | June 30, 2025 | 694,976 | $9,180,633 | 19.3% |
| JD | March 31, 2025 | 261,513 | $9,066,656 | -29.1% |
| TSLA | Sept. 30, 2025 | 26,900 | $8,545,054 | -24.0% |
| JOYY | June 30, 2025 | 187,700 | $7,879,646 | 45.0% |
| ONTO | Dec. 31, 2025 | 60,300 | $7,791,966 | 93.7% |
| CSIQ | March 31, 2026 | 297,800 | $7,078,706 | 7.6% |
| DOCN | June 30, 2026 | 81,500 | $6,991,070 | -26.8% |
| WDC | June 30, 2025 | 165,653 | $6,697,351 | 644.3% |
| HTZ | Dec. 31, 2025 | 878,900 | $5,976,520 | -59.7% |
| TSM | Sept. 30, 2025 | 22,495 | $5,094,893 | 46.3% |
| META | Sept. 30, 2025 | 6,900 | $5,092,821 | -25.7% |
| AAOI | Dec. 31, 2025 | 194,500 | $5,043,385 | 266.6% |
| FUTU | June 30, 2026 | 33,767 | $4,617,975 | 16.3% |
| TER | June 30, 2026 | 15,500 | $4,595,130 | -20.5% |
| GDS | June 30, 2026 | 106,200 | $4,278,798 | 8.6% |
| FUTU | June 30, 2025 | 41,700 | $4,267,995 | -11.8% |
| RMBS | June 30, 2026 | 49,578 | $4,265,195 | -32.6% |
| BABA | Dec. 31, 2025 | 22,626 | $4,043,945 | -12.7% |
| SEI | March 31, 2026 | 85,500 | $3,930,435 | 3.4% |
| AMKR | March 31, 2026 | 98,200 | $3,876,936 | 14.9% |
| ORCL | June 30, 2025 | 26,900 | $3,760,889 | -36.3% |
| INTC | March 31, 2026 | 99,300 | $3,664,170 | 108.8% |
| YMM | Dec. 31, 2025 | 278,700 | $3,614,739 | -20.5% |
| UVXYXXXX | June 30, 2025 | 141,800 | $3,322,374 | No longer tracked |
| YMM | March 31, 2025 | 292,000 | $3,159,440 | -33.2% |
| PDD | March 31, 2026 | 27,143 | $3,077,745 | -13.0% |
| AVGO | March 31, 2026 | 8,880 | $3,073,368 | 16.9% |
| IPGP | March 31, 2025 | 39,500 | $2,872,440 | 26.2% |
| KOLD | March 31, 2025 | 62,400 | $2,666,976 | No longer tracked |
| JKS | March 31, 2025 | 93,800 | $2,335,620 | -10.2% |
| META | June 30, 2026 | 4,020 | $2,299,963 | -3.2% |
| NBIS | March 31, 2025 | 83,000 | $2,299,100 | 922.3% |
| JD | Sept. 30, 2025 | 70,437 | $2,299,064 | -16.6% |
| SNPS | June 30, 2026 | 5,728 | $2,271,037 | -9.7% |
| OLED | March 31, 2025 | 15,500 | $2,266,100 | -38.8% |
| XPEV | March 31, 2025 | 179,904 | $2,126,465 | -42.9% |
| LITE | Dec. 31, 2025 | 12,000 | $1,952,520 | 125.4% |
| MNSO | June 30, 2025 | 103,945 | $1,921,943 | -39.8% |
| OLED | March 31, 2026 | 16,281 | $1,901,295 | -6.8% |
| CRDO | March 31, 2026 | 13,200 | $1,899,348 | 147.4% |
| CLS | Dec. 31, 2025 | 7,600 | $1,872,488 | 1.3% |
| JBL | Dec. 31, 2025 | 8,100 | $1,759,077 | 43.0% |
| VSH | March 31, 2025 | 93,400 | $1,582,196 | 100.1% |
| LITE | June 30, 2025 | 25,100 | $1,564,734 | 774.0% |
| IQ | March 31, 2026 | 802,400 | $1,540,608 | -17.4% |
| DQ | March 31, 2025 | 77,100 | $1,498,824 | -25.0% |
| NIO | March 31, 2025 | 342,000 | $1,491,120 | 18.6% |
| HTHT | Dec. 31, 2025 | 29,600 | $1,157,656 | 1.9% |
| BZ | June 30, 2025 | 27,700 | $531,009 | -11.4% |
| IQ | June 30, 2025 | 219,500 | $496,070 | -37.0% |