Latest Hel Ved Capital Management Ltd Stock Portfolio

Hel Ved Capital Management Ltd Performance:

2025 Q4: -1.44%YTD: 0.84%2024: 6.51%

Performance for 2025 Q4 is -1.44%, and YTD is 0.84%, and 2024 is 6.51%.

About Hel Ved Capital Management Ltd and 13F Hedge Fund Stock Holdings

On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Hel Ved Capital Management Ltd reported an equity portfolio of $372.1 Millions as of 31 Dec, 2025.

The top stock holdings of Hel Ved Capital Management Ltd are LITE, COHR, CIEN. The fund has invested 9.1% of it's portfolio in LUMENTUM HLDGS INC and 5% of portfolio in COHERENT CORP.

The fund managers got completely rid off NEW ORIENTAL ED & TECHNOLOGY (EDU), NETEASE INC (NTES) and DAQO NEW ENERGY CORP (DQ) stocks. They significantly reduced their stock positions in KEYSIGHT TECHNOLOGIES INC (KEYS), DATADOG INC (DDOG) and SYNOPSYS INC (SNPS). Hel Ved Capital Management Ltd opened new stock positions in LUMENTUM HLDGS INC (LITE), SOLSTICE ADVANCED MATLS INC and QUANTA SVCS INC (PWR). The fund showed a lot of confidence in some stocks as they added substantially to COHERENT CORP (COHR), TESLA INC (TSLA) and CIENA CORP (CIEN).

Hel Ved Capital Management Ltd Annual Return Estimates Vs S&P 500

Our best estimate is that Hel Ved Capital Management Ltd made a return of -1.44% in the last quarter. In trailing 12 months, it's portfolio return was 0.84%.

Performance
S&P 500

New Buys

Ticker	$ Bought
lumentum hldgs inc	33,684,700
solstice advanced matls inc	11,871,000
legence corp	11,007,500
sandisk corp	9,460,780
quanta svcs inc	8,426,850
applied matls inc	8,286,640
shoals technologies group in	6,859,920
baidu inc	6,471,590

New stocks bought by Hel Ved Capital Management Ltd

Additions

Ticker	% Inc.
coherent corp	2,030
tesla inc	1,006
ciena corp	134
primoris svcs corp	113
entegris inc	94.88
jfrog ltd	80.53
shopify inc	70.46
argan inc	61.34

Additions to existing portfolio by Hel Ved Capital Management Ltd

Reductions

Ticker	% Reduced
keysight technologies inc	-83.02
datadog inc	-60.01
synopsys inc	-43.00
monday com ltd	-21.04
teradyne inc	-15.61
first solar inc	-9.05
snowflake inc	-7.33
nextpower inc	-5.18

Hel Ved Capital Management Ltd reduced stake in above stock

Sold off

Ticker	$ Sold
iqiyi inc	-3,875,330
nio inc	-2,585,470
huya inc	-894,262
new oriental ed & technology	-10,943,000
daqo new energy corp	-5,247,570
lufax holding ltd	-752,476
solaris energy infras inc	-3,661,250
gds hldgs ltd	-3,266,280

Hel Ved Capital Management Ltd got rid off the above stocks

Sector Distribution

Hel Ved Capital Management Ltd has about 46.3% of it's holdings in Technology sector.

Sector	%
Technology	46.3
Others	28.7
Industrials	17.3
Consumer Cyclical	4.9

Market Cap. Distribution

Hel Ved Capital Management Ltd has about 52.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	40.1
UNALLOCATED	28.7
MID-CAP	15.9
MEGA-CAP	12.5
SMALL-CAP	2.4

Stocks belong to which Index?

About 37% of the stocks held by Hel Ved Capital Management Ltd either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	63
S&P 500	21.6
RUSSELL 2000	15.4

Top 5 Winners (%)		%
TER	teradyne inc	37.5 %
CIEN	ciena corp	36.8 %
COHR	coherent corp	27.9 %
FROG	jfrog ltd	23.2 %
FSLR	first solar inc	17.6 %

Top 5 Winners ($)		$
CIEN	ciena corp	4.4 M
COHR	coherent corp	4.0 M
AGX	argan inc	1.0 M
	nextpower inc	1.0 M
TER	teradyne inc	1.0 M

Top 5 Losers (%)		%
HSDT	solana co	-75.7 %
PSIX	power solutions intl inc	-37.0 %
	pony ai inc	-31.6 %
EH	ehang hldgs ltd	-29.0 %
MNDY	monday com ltd	-21.3 %

Top 5 Losers ($)		$
	pony ai inc	-5.2 M
HSDT	solana co	-3.9 M
PSIX	power solutions intl inc	-3.6 M
EH	ehang hldgs ltd	-1.1 M
PRIM	primoris svcs corp	-0.9 M

Hel Ved Capital Management Ltd Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd has 49 stocks in it's portfolio. About 39.5% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. CIEN was the most profitable stock for Hel Ved Capital Management Ltd last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AGX	argan inc	2.32	27,517	8,621,630	added	61.34

ALGM	allegro microsystems inc	0.45	62,850	1,657,980	new

AMAT	applied matls inc	2.23	32,245	8,286,640	new

APP	applovin corp	0.00	0.00	0.00	sold off	-100

ATAT	atour lifestyle hldgs ltd	0.00	0.00	0.00	sold off	-100

BE	bloom energy corp	0.37	15,850	1,377,210	new

BIDU	baidu inc	1.74	49,530	6,471,590	new

CAT	caterpillar inc	1.31	8,495	4,866,530	new

CHRW	c h robinson worldwide inc	0.81	18,730	3,011,040	new

CIEN	ciena corp	4.40	70,085	16,390,800	added	134

COHR	coherent corp	4.97	100,110	18,477,300	added	2,030

COUR	coursera inc	0.00	0.00	0.00	sold off	-100

DDOG	datadog inc	0.32	8,850	1,203,510	reduced	-60.01

DQ	daqo new energy corp	0.00	0.00	0.00	sold off	-100

DUOL	duolingo inc	0.00	0.00	0.00	sold off	-100

EDU	new oriental ed & technology	0.00	0.00	0.00	sold off	-100

EH	ehang hldgs ltd	0.70	198,031	2,610,050	unchanged	0.00

EME	emcor group inc	0.79	4,825	2,951,890	new

EMR	emerson elec co	0.00	0.00	0.00	sold off	-100

ENTG	entegris inc	2.03	89,760	7,562,280	added	94.88