Hel Ved Capital Management Ltd

CENTRAL, K3 · CIK 1840129 · 13F filing filed 2026-08-14

Exempt reporting adviser since 2020 · other (specify)

Private funds2 (2 hedge) · $826.0m gross assets
Main officeHong Kong
Form ADV · 2026-03-30SEC adviser record

Legal entityHel Ved Capital Management Limited (HK)

Kindhedge funds, futures
Others nearbyHong Kong

As an employer

Offices in1 country
Private fundshedge 2

$709.7m reported value +22.8% vs Q1 2026

63positions

48.9%in top 10

30 new 12 added 16 reduced 19 sold out vs Q1 2026

Options: 6 call positions ($157.9m notional), 3 put positions ($488.1m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SANDISK CORP COM SNDK	SNDK	20,993	$47.7m6.73%	6.73%	Reduced -47.7k	-47,721 -69.5%
2	CORNING INC COM GLW	GLW	172,700	$44.1m6.22%	6.22%	Added +88.5k	+88,490 105.1%
3	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	65,000	$41.6m5.87%	5.87%	New
4	INTEL CORP COM INTC	INTC	278,950	$38.9m5.49%	5.49%	Reduced -420.9k	-420,860 -60.1%
5	QUALCOMM INC COM QCOM	QCOM	204,700	$37.8m5.33%	5.33%	New
6	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	116,879	$32.3m4.55%	4.55%	New
7	TERADYNE INC COM TER	TER	62,320	$30.2m4.25%	4.25%	New
8	COMFORT SYS USA INC COM FIX	FIX	13,990	$27.7m3.91%	3.91%	Added +8.4k	+8,420 151.2%
9	STERLING INFRASTRUCTURE INC COM STRL	STRL	30,730	$25.8m3.63%	3.63%	Added +22.4k	+22,430 270.2%
10	NOKIA CORP SPONSORED ADR NOK	NOK	1,557,260	$20.7m2.91%	2.91%	Added +1.1m	+1,077,760 224.8%
11	MKS INC. COM MKSI	MKSI	42,620	$19.0m2.67%	2.67%	Reduced -10.1k	-10,145 -19.2%
12	COREWEAVE INC COM CL A CRWV	CRWV	185,720	$18.5m2.60%	2.60%	Reduced -22.6k	-22,580 -10.8%
13	HYPERLIQUID STRATEGIES INC COM PURR	PURR	2,285,080	$18.0m2.53%	2.53%	New
14	TERAWULF INC COM WULF	WULF	727,670	$18.0m2.53%	2.53%	Added +386.7k	+386,660 113.4%
15	INNIO NV ORDINARY SHARES INIO	INIO	408,350	$16.2m2.28%	2.28%	New
16	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	7,155	$14.2m2.01%	2.01%	New
17	DPC HOLDINGS PLC ORDINARY SHARES DPC	DPC	284,642	$14.0m1.97%	1.97%	New
18	CIPHER MINING INC COM CIFR	CIFR	538,900	$13.2m1.86%	1.86%	New
19	CORE SCIENTIFIC INC NEW COM CORZ	CORZ	506,400	$13.0m1.83%	1.83%	New
20	HUT 8 CORP COM HUT	HUT	108,710	$12.6m1.77%	1.77%	Added +25.0k	+25,000 29.9%
21	LAM RESEARCH CORP COM NEW LRCX	LRCX	25,324	$11.0m1.55%	1.55%	Added +480	+480 1.9%
22	MICRON TECHNOLOGY INC COM MU	MU	9,480	$10.9m1.54%	1.54%	New
23	FORGENT POWER SOLUTIONS INC COM SHS CL A FPS	FPS	194,400	$10.9m1.53%	1.53%	New
24	TTM TECHNOLOGIES INC COM TTMI	TTMI	51,975	$9.7m1.37%	1.37%	Added +20.5k	+20,475 65.0%
25	MASTEC INC COM MTZ	MTZ	21,260	$8.8m1.25%	1.25%	Reduced -9.9k	-9,880 -31.7%
26	ROCKWELL AUTOMATION INC COM ROK	ROK	15,840	$7.8m1.11%	1.11%	New
27	DEERE & CO COM DE	DE	12,320	$7.8m1.10%	1.10%	New
28	APPLIED MATLS INC COM AMAT	AMAT	10,400	$7.5m1.06%	1.06%	New
29	FORD MTR CO COM F	F	525,320	$7.3m1.03%	1.03%	New
30	MACOM TECH SOLUTIONS HLDGS I COM MTSI	MTSI	18,450	$7.0m0.99%	0.99%	Reduced -34.0k	-33,950 -64.8%
31	SOLARIS ENERGY INFRAS INC COM CL A SEI	SEI	78,920	$6.3m0.89%	0.89%	Reduced -7.1k	-7,070 -8.2%
32	CATERPILLAR INC COM CAT	CAT	5,810	$6.2m0.87%	0.87%	New
33	HOWMET AEROSPACE INC COM HWM	HWM	22,150	$6.0m0.84%	0.84%	New
34	VNET GROUP INC SPONSORED ADS A VNET	VNET	733,400	$5.9m0.83%	0.83%	New
35	GLOBALFOUNDRIES INC ORDINARY SHARES GFS	GFS	70,700	$5.8m0.82%	0.82%	New
36	BLOOM ENERGY CORP COM CL A BE	BE	19,000	$5.8m0.81%	0.81%	New
37	GDS HLDGS LTD SPONSORED ADS GDS	GDS	183,400	$5.5m0.78%	0.78%	Added +150.9k	+150,900 464.3%
38	PRIMORIS SVCS CORP COM PRIM	PRIM	53,090	$5.3m0.74%	0.74%	Added +7.8k	+7,760 17.1%
39	AMENTUM HOLDINGS INC COM AMTM	AMTM	214,000	$4.4m0.62%	0.62%	Added +35.5k	+35,500 19.9%
40	CIENA CORP COM NEW CIEN	CIEN	8,380	$4.1m0.58%	0.58%	Reduced -55.2k	-55,249 -86.8%
41	COHERENT CORP COM COHR	COHR	10,045	$4.0m0.56%	0.56%	Reduced -37.5k	-37,530 -78.9%
42	POWER SOLUTIONS INTL INC COM NEW PSIX	PSIX	100,876	$3.9m0.55%	0.55%	Unchanged
43	KLA CORP COM NEW KLAC	KLAC	12,720	$3.8m0.54%	0.54%	New
44	ADVANCED ENERGY INDS COM AEIS	AEIS	10,240	$3.8m0.54%	0.54%	New
45	VIAVI SOLUTIONS INC COM VIAV	VIAV	78,092	$3.7m0.53%	0.53%	New
46	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	40,400	$3.7m0.52%	0.52%	New
47	DYCOM INDS INC COM DY	DY	6,720	$3.4m0.48%	0.48%	Unchanged
48	LEGENCE CORP CL A LGN	LGN	39,165	$3.3m0.47%	0.47%	Added +9.5k	+9,495 32.0%
49	TOWER SEMICONDUCTOR LTD SHS NEW TSEM	TSEM	11,820	$3.1m0.43%	0.43%	New
50	POWELL INDS INC COM POWL	POWL	10,680	$3.1m0.43%	0.43%	New
51	EVERUS CONSTR GROUP COM ECG	ECG	18,180	$3.0m0.43%	0.43%	Unchanged
52	SOLV ENERGY INC COM SHS CL A MWH	MWH	87,000	$3.0m0.42%	0.42%	New
53	QNITY ELECTRONICS INC COMMON STOCK Q	Q	17,456	$2.9m0.40%	0.40%	Reduced -383.3k	-383,269 -95.6%
54	CLOUDFLARE INC CL A COM NET	NET	10,840	$2.7m0.37%	0.37%	Reduced -5.2k	-5,240 -32.6%
55	MYR GROUP INC DEL COM MYRG	MYRG	4,935	$2.5m0.35%	0.35%	Reduced -2.4k	-2,400 -32.7%
56	DATADOG INC CL A COM DDOG	DDOG	8,504	$2.2m0.31%	0.31%	Reduced -5.0k	-4,960 -36.8%
57	SOLSTICE ADVANCED MATLS INC COM SHS SOLS	SOLS	24,107	$2.1m0.30%	0.30%	Reduced -194.0k	-193,993 -89.0%
58	CENTURI HOLDINGS INC COM SHS CTRI	CTRI	54,000	$1.6m0.23%	0.23%	Unchanged
59	EMCOR GROUP INC COM EME	EME	1,815	$1.5m0.21%	0.21%	Reduced -960	-960 -34.6%
60	PDF SOLUTIONS INC COM PDFS	PDFS	20,000	$1.4m0.20%	0.20%	New
61	TESLA INC COM TSLA	TSLA	3,102	$1.3m0.18%	0.18%	Reduced -13.5k	-13,520 -81.3%
62	BITDEER TECHNOLOGIES GROUP CL A ORD SHS BTDR	BTDR	76,600	$1.2m0.17%	0.17%	New
63	AMPRIUS TECHNOLOGIES INC COMMON STOCK AMPX	AMPX	71,850	$995.8k0.14%	0.14%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VANECK ETF TRUST SMH	SMH	536,200	$205.6m536.2k shares
LUMENTUM HLDGS INC LITE	LITE	22,112	$15.5m22.1k shares
ARGAN INC AGX	AGX	18,167	$9.9m18.2k shares
FABRINET FN	FN	14,250	$7.4m14.2k shares
NOVA LTD NVMI	NVMI	9,160	$4.0m9.2k shares
RIOT PLATFORMS INC RIOT	RIOT	214,020	$2.6m214.0k shares
GARRETT MOTION INC GTX	GTX	133,000	$2.4m133.0k shares
ENTEGRIS INC ENTG	ENTG	20,090	$2.4m20.1k shares
KEYSIGHT TECHNOLOGIES INC KEYS	KEYS	6,798	$1.9m6.8k shares
BAKER HUGHES COMPANY BKR	BKR	28,753	$1.8m28.8k shares
F5 INC FFIV	FFIV	5,100	$1.5m5.1k shares
ALMONTY INDS INC ALM	ALM	100,800	$1.5m100.8k shares
UNITY SOFTWARE INC U	U	62,422	$1.4m62.4k shares
EHANG HLDGS LTD EH	EH	138,831	$1.3m138.8k shares
ELASTIC N V ESTC	ESTC	23,562	$1.2m23.6k shares
SYNOPSYS INC SNPS	SNPS	2,765	$1.1m2.8k shares
SNOWFLAKE INC SNOW	SNOW	5,425	$818.2k5.4k shares
SOLANA CO HSDT	HSDT	435,983	$754.3k436.0k shares
ENPHASE ENERGY INC ENPH	ENPH	17,500	$661.7k17.5k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES TR SOXX · Put	SOXX	Put	631,300	$404.5m631.3k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	105,300	$77.5m105.3k shares	New
QUALCOMM INC QCOM · Call	QCOM	Call	310,200	$57.3m310.2k shares	New
COREWEAVE INC CRWV · Call	CRWV	Call	548,600	$54.6m548.6k shares	New
GDS HLDGS LTD GDS · Call	GDS	Call	804,000	$24.1m804.0k shares	New
SNOWFLAKE INC SNOW · Call	SNOW	Call	75,000	$19.1m75.0k shares	New
ISHARES TR IWM · Put	IWM	Put	20,000	$6.0m20.0k shares	Reduced
ROUNDHILL ETF TRUST DRAM · Call	DRAM	Call	20,000	$1.5m20.0k shares	New
SELECT SECTOR SPDR TR XLI · Call	XLI	Call	7,000	$1.3m7.0k shares	New