AI-Squared Management Ltd reported 18 positions worth $170.66M for the quarter ended Jun 30, 2026, up 37.6% on the prior quarter. It opened 8 new positions, added to 7, trimmed 3 and exited 8. Its largest holding is PDD Holdings Inc. at 14.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| PDD PDD Holdings Inc. | +327.7K | – | $25.00M | 14.65% |
| JD JD.com, Inc. | +509.9K | – | $12.99M | 7.61% |
| BABA Alibaba Group Holding Ltd | +126.5K | +2,219.9% | $12.14M | 7.44% |
| QCOM Qualcomm Inc | +58.0K | – | $10.72M | 6.28% |
| BIDU Baidu, Inc. | +91.8K | +142.1% | $10.49M | 10.47% |
| NBIS Nebius Group N.V. | +33.4K | – | $9.21M | 5.4% |
| STAA Staar Surgical Co | +274.3K | +102.3% | $7.87M | 9.12% |
| CRWV CoreWeave, Inc. | +69.7K | – | $6.93M | 4.06% |
| CBRS Cerebras Systems Inc. | +26.9K | – | $5.94M | 3.48% |
| NOK Nokia Corp | +413.5K | – | $5.49M | 3.22% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| MU Micron Technology Inc | -32.1K | -85.8% | $37.03M | 3.58% |
| AMD Advanced Micro Devices Inc | -48.3K | -86.4% | $28.06M | 2.59% |
| LITE Lumentum Holdings Inc. | -36.3K | -100.0% | $25.52M | Exited |
| DOCN DigitalOcean Holdings, Inc. | -81.5K | -100.0% | $6.99M | Exited |
| FUTU Futu Holdings Ltd | -33.8K | -100.0% | $4.62M | Exited |
| TER Teradyne, Inc | -15.5K | -100.0% | $4.60M | Exited |
| GDS GDS Holdings Ltd | -106.2K | -100.0% | $4.28M | Exited |
| RMBS Rambus Inc | -49.6K | -100.0% | $4.27M | Exited |
| META Meta Platforms, Inc. | -4,020 | -100.0% | $2.30M | Exited |
| SNPS Synopsys Inc | -5,728 | -100.0% | $2.27M | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| PDD PDD Holdings Inc. | +327.7K | $25.00M | 14.65% |
| JD JD.com, Inc. | +509.9K | $12.99M | 7.61% |
| QCOM Qualcomm Inc | +58.0K | $10.72M | 6.28% |
| NBIS Nebius Group N.V. | +33.4K | $9.21M | 5.4% |
| CRWV CoreWeave, Inc. | +69.7K | $6.93M | 4.06% |
| CBRS Cerebras Systems Inc. | +26.9K | $5.94M | 3.48% |
| NOK Nokia Corp | +413.5K | $5.49M | 3.22% |
| CRCL Circle Internet Group, Inc. | +7,400 | $463.46K | 0.272% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| LITE Lumentum Holdings Inc. | -36.3K | $25.52M | 20.59% |
| DOCN DigitalOcean Holdings, Inc. | -81.5K | $6.99M | 5.64% |
| FUTU Futu Holdings Ltd | -33.8K | $4.62M | 3.72% |
| TER Teradyne, Inc | -15.5K | $4.60M | 3.71% |
| GDS GDS Holdings Ltd | -106.2K | $4.28M | 3.45% |
| RMBS Rambus Inc | -49.6K | $4.27M | 3.44% |
| META Meta Platforms, Inc. | -4,020 | $2.30M | 1.86% |
| SNPS Synopsys Inc | -5,728 | $2.27M | 1.83% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | PDD PDD Holdings Inc. | Technology | 327.7K | $25.00M | 14.65% | +327.7K | – | New | 0.02% |
| 2 | BIDU Baidu, Inc. | Technology | 156.3K | $17.86M | 10.47% | +91.8K | +142.1% | Added | 0.05% |
| 3 | STAA Staar Surgical Co | Healthcare | 542.4K | $15.56M | 9.12% | +274.3K | +102.3% | Added | 1.09% |
| 4 | JD JD.com, Inc. | Consumer Discretionary | 509.9K | $12.99M | 7.61% | +509.9K | – | New | 0.04% |
| 5 | BABA Alibaba Group Holding Ltd | Technology | 132.2K | $12.69M | 7.44% | +126.5K | +2,219.9% | Added | 0.01% |
| 6 | QCOM Qualcomm Inc | Technology | 58.0K | $10.72M | 6.28% | +58.0K | – | New | 0.01% |
| 7 | ATAT Atour Lifestyle Holdings Ltd | Consumer Discretionary | 302.0K | $9.60M | 5.63% | +6,300 | +2.1% | Added | 0.22% |
| 8 | NBIS Nebius Group N.V. | Technology | 33.4K | $9.21M | 5.4% | +33.4K | – | New | 0.01% |
| 9 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 17.8K | $8.50M | 4.98% | +4,395 | +32.8% | Added | 0% |
| 10 | VNET VNET Group, Inc. | Technology | 1.03M | $8.25M | 4.84% | +412.1K | +67.1% | Added | 0.38% |
| 11 | CRWV CoreWeave, Inc. | Technology | 69.7K | $6.93M | 4.06% | +69.7K | – | New | 0.02% |
| 12 | NVDA Nvidia Corp | Technology | 34.2K | $6.84M | 4.01% | -5,525 | -13.9% | Reduced | 0% |
| 13 | MU Micron Technology Inc | Technology | 5,300 | $6.12M | 3.58% | -32.1K | -85.8% | Reduced | 0% |
| 14 | CBRS Cerebras Systems Inc. | Technology | 26.9K | $5.94M | 3.48% | +26.9K | – | New | 0.01% |
| 15 | NOK Nokia Corp | Others | 413.5K | $5.49M | 3.22% | +413.5K | – | New | 0.01% |
Tip. Select a row to see that position’s full history at AI-Squared Management.
As of its Q2 2026 13F filing, AI-Squared Management Ltd’s five largest positions were PDD Holdings Inc. (PDD) at 14.6%, Baidu, Inc. (BIDU) at 10.5%, Staar Surgical Co (STAA) at 9.1%, JD.com, Inc. (JD) at 7.6%, Alibaba Group Holding Ltd (BABA) at 7.4% of the reported portfolio.
AI-Squared Management Ltd reported a 13F portfolio worth $170.66M across 18 positions for Q2 2026. That is up 37.6% from the previous quarter.
Its largest purchases by value were PDD Holdings Inc. ($25.00M), JD.com, Inc. ($12.99M), Alibaba Group Holding Ltd ($12.14M). It opened 8 new positions.
Its largest sales by value were Micron Technology Inc ($37.03M), Advanced Micro Devices Inc ($28.06M), Lumentum Holdings Inc. ($25.52M). It exited 8 positions entirely.
From the Form 13F-HR reports AI-Squared Management Ltd files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.