AI-Squared Management Ltd

HONG KONG, K3 · CIK 1933952 · 13F filing filed 2026-08-12

Exempt reporting adviser since 2022 · other (specify)

As an employer

$187.5m reported value +36.4% vs Q1 2026

19positions

74.1%in top 10

8 new 7 added 4 reduced 8 sold out vs Q1 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	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	327,700	$25.0m13.33%	13.33%	New
2	BAIDU INC SPON ADR REP A BIDU	BIDU	156,308	$17.9m9.53%	9.53%	Added +91.8k	+91,750 142.1%
3	SANDISK CORP COM SNDK	SNDK	7,400	$16.8m8.97%	8.97%	Reduced -13.7k	-13,740 -65.0%
4	STAAR SURGICAL CO COM PAR $0.01 STAA	STAA	542,420	$15.6m8.30%	8.30%	Added +274.3k	+274,336 102.3%
5	JD.COM INC SPON ADS CL A JD	JD	509,900	$13.0m6.93%	6.93%	New
6	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	132,236	$12.7m6.77%	6.77%	Added +126.5k	+126,536 2219.9%
7	QUALCOMM INC COM QCOM	QCOM	57,990	$10.7m5.72%	5.72%	New
8	ATOUR LIFESTYLE HLDGS LTD SPONSORED ADS ATAT	ATAT	301,984	$9.6m5.12%	5.12%	Added +6.3k	+6,300 2.1%
9	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	33,362	$9.2m4.91%	4.91%	New
10	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	17,800	$8.5m4.53%	4.53%	Added +4.4k	+4,395 32.8%
11	VNET GROUP INC SPONSORED ADS A VNET	VNET	1,026,500	$8.3m4.40%	4.40%	Added +412.1k	+412,100 67.1%
12	COREWEAVE INC COM CL A CRWV	CRWV	69,661	$6.9m3.70%	3.70%	New
13	NVIDIA CORPORATION COM NVDA	NVDA	34,200	$6.8m3.65%	3.65%	Reduced -5.5k	-5,525 -13.9%
14	MICRON TECHNOLOGY INC COM MU	MU	5,300	$6.1m3.26%	3.26%	Reduced -32.1k	-32,084 -85.8%
15	CEREBRAS SYSTEMS INC COM CL A CBRS	CBRS	26,900	$5.9m3.17%	3.17%	New
16	NOKIA CORP SPONSORED ADR NOK	NOK	413,500	$5.5m2.93%	2.93%	New
17	ADVANCED MICRO DEVICES INC COM AMD	AMD	7,600	$4.4m2.35%	2.35%	Reduced -48.3k	-48,300 -86.4%
18	TRIP COM GROUP LTD ADS TCOM	TCOM	101,800	$4.1m2.16%	2.16%	Added +7.0k	+7,010 7.4%
19	CIRCLE INTERNET GROUP INC COM CL A CRCL	CRCL	7,400	$463.5k0.25%	0.25%	New

Security	Ticker	Shares held before	Value then
LUMENTUM HLDGS INC LITE	LITE	36,321	$25.5m36.3k shares
DIGITALOCEAN HLDGS INC DOCN	DOCN	81,500	$7.0m81.5k shares
FUTU HLDGS LTD FUTU	FUTU	33,767	$4.6m33.8k shares
TERADYNE INC TER	TER	15,500	$4.6m15.5k shares
GDS HLDGS LTD GDS	GDS	106,200	$4.3m106.2k shares
RAMBUS INC DEL RMBS	RMBS	49,578	$4.3m49.6k shares
META PLATFORMS INC META	META	4,020	$2.3m4.0k shares
SYNOPSYS INC SNPS	SNPS	5,728	$2.3m5.7k shares