Sector breakdown

04
Technology 50.6%
Retail 20.7%
Consumer Discretionary 9.2%
Financials 8.4%
Industrials 6.5%
Communication Services 1.1%
Consumer Staples 0.2%
Other/Unmapped 3.3%

Full portfolio 27 positions

05
Type Streak 8Q trend
SNPS Synopsys, Inc. - Common Stock $1,388,458 15.62% 3,112,646 $329,645 Up ×5
QCOM QUALCOMM Incorporated - Common Stock $1,175,308 13.22% 6,360,236 Up ×1
MKSI MKS Inc. - Common Stock $809,732 9.11% 1,820,441 $456,103 Up ×1
CRWV CoreWeave, Inc. - Class A Common Stock $792,358 8.91% 7,960,201 $242,513 Up ×1
CVNA Carvana Co. Class A Common Stock $716,911 8.06% 10,891,999 $145,025 Up ×1
CPNG Coupang, Inc. Class A Common Stock $660,563 7.43% 38,028,965 $357,768 Up ×1
SE Sea Limited American Depositary Shares, each representing one Class A Ordinary Share $466,701 5.25% 4,870,097 $63,408
FUTU Futu Holdings Limited - American Depositary Shares $428,649 4.82% 4,572,746 $-196,720
GLW Corning Incorporated Common Stock $377,375 4.24% 1,477,410 $31,368 Down ×1
TER Teradyne, Inc. - Common Stock $305,758 3.44% 631,941 $155,728 Up ×1
AS Amer Sports, Inc. Ordinary Shares $279,810 3.15% 8,268,605 $7,608
Unknown issuer (CUSIP: N52A8C105) $270,985 3.05% 6,851,716 Up ×1
NU Nu Holdings Ltd. Class A Ordinary Shares $217,628 2.45% 16,289,511 Up ×1
EDU New Oriental Education & Technology Group, Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) $207,677 2.34% 4,523,574 $-49,008 Down ×4
GRAB Grab Holdings Limited - Class A Ordinary Shares $204,839 2.30% 54,334,024 $-12,214 Down ×1
F Ford Motor Company Common Stock $165,252 1.86% 11,888,605 Up ×1
QFIN Qfin Holdings, Inc. - American Depositary Shares $101,540 1.14% 6,422,510 $18,625
TCOM Trip.com Group Limited - American Depositary Shares $92,799 1.04% 2,329,290 $-23,176
LITE Lumentum Holdings Inc. - Common Stock $74,855 0.84% 87,237 $-68,467 Down ×2
NIO NIO Inc. American depositary shares, each representing one Class A ordinary share $66,497 0.75% 13,141,609 $-12,747
PONY Pony AI Inc. - American Depositary Shares $28,776 0.32% 4,140,447 $-10,310
NTES NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares $18,921 0.21% 147,655 $2,392
Unknown issuer (CUSIP: 747525903) $17,988 0.20% 1,600,000 Call option Up ×1
RLX RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share $15,012 0.17% 7,901,172 $-2,371
LANV Lanvin Group Holdings Limited Ordinary Shares $6,558 0.07% 4,491,686 $-237 Down ×1
Unknown issuer (CUSIP: G4124C909) $20 0.00% 20,052,900 Call option $-1,344
PRENW Prenetics Global Limited - Warrant $15 0.00% 1,166,666 $-6

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

SecurityValue% of portfolioStreak
SNPS $1,388,458 15.62% up ×5

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
QCOM $1,175,308 6,360,236 13.22%
Unknown issuer (CUSIP: N52A8C105) $270,985 6,851,716 3.05%
NU $217,628 16,289,511 2.45%
F $165,252 11,888,605 1.86%
Unknown issuer (CUSIP: 747525903) $17,988 1,600,000 0.20%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
MKSI Bought more +282K +$456K
CPNG Bought more +22.0M +$358K
SNPS Bought more +442K +$330K
CRWV Bought more +863K +$243K
FUTU Price move only +0 -$197K
TER Bought more +126K +$156K
CVNA Bought more +9.1M +$145K
LITE Trimmed -117K -$68K
SE Price move only +0 +$63K
EDU Trimmed -9K -$49K

Exited positions

11

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.

SecurityQuarterShares beforeValue beforePrice since exit
NVDA June 30, 2026 5,174,466 $902,427 19.4%
TSM Sept. 30, 2025 1,746,681 $395,606 73.9%
PDD March 31, 2026 3,109,525 $352,589 -23.8%
MRVL Sept. 30, 2025 4,195,561 $324,736 222.6%
INTC Sept. 30, 2025 12,398,919 $277,736 246.3%
TAL Sept. 30, 2025 21,586,517 $220,614 9.9%
DASH Dec. 31, 2025 724,740 $197,122 -15.3%
YMM June 30, 2026 21,791,354 $180,868 3.6%
MU June 30, 2025 2,020,350 $175,548 763.3%
CDNS June 30, 2025 569,333 $144,798 14.7%
CRS Dec. 31, 2025 554,758 $136,215 24.6%
GDS Sept. 30, 2025 4,406,949 $134,720 -24.3%
ATAT June 30, 2026 3,552,677 $130,774 1.0%
DECK Sept. 30, 2025 1,198,917 $123,572 -20.9%
BEKE June 30, 2025 5,126,453 $102,990 -7.0%
TCOM Sept. 30, 2025 1,491,643 $87,470 -48.4%
LRCX Dec. 31, 2025 399,641 $53,512 102.0%
BIDU Dec. 31, 2025 368,351 $48,538 -33.4%
FLUT June 30, 2025 104,210 $23,088 -73.5%
LI June 30, 2025 643,708 $16,221 -60.0%
PRE June 30, 2026 346,150 $6,688 9.6%
RBOT June 30, 2026 86,666 $62 No longer tracked
LANVWS June 30, 2026 1,000,000 $11 No longer tracked