AI-Squared Management Ltd
CIK 0001933952
Annualised vol
11.240836%
Beta
0.238428
HHI
701.397574
Top-10 weight
74.12154%
VaR 95%
0.830408%
VaR 99%
2.145862%
Max drawdown
18.799857%
Matched value
77.858578%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| PDD | NEW | 327,700 | - | - | 24,996,956 |
| BIDU | ADDED | 156,308 | 64,558 | 142.12% | 17,864,441 |
| SNDK | REDUCED | 7,400 | 21,140 | -65.0% | 16,825,602 |
| STAA | ADDED | 542,420 | 268,084 | 102.33% | 15,562,030 |
| JD | NEW | 509,900 | - | - | 12,992,252 |
| NBIS | NEW | 33,362 | - | - | 9,213,584 |
| VNET | ADDED | 1,026,500 | 614,400 | 67.07% | 8,253,060 |
| CRWV | NEW | 69,661 | - | - | 6,934,056 |
| NVDA | REDUCED | 34,200 | 39,725 | -13.91% | 6,843,078 |
| MU | REDUCED | 5,300 | 37,384 | -85.82% | 6,117,737 |
| CBRS | NEW | 26,900 | - | - | 5,944,900 |
| NOK | NEW | 413,500 | - | - | 5,491,280 |
| AMD | REDUCED | 7,600 | 55,900 | -86.4% | 4,414,916 |
| TCOM | ADDED | 101,800 | 94,790 | 7.4% | 4,055,712 |
| CRCL | NEW | 7,400 | - | - | 463,462 |
| TER | CLOSED OUT | 0 | 15,500 | -100.0% | 0 |
| SNPS | CLOSED OUT | 0 | 5,728 | -100.0% | 0 |
| META | CLOSED OUT | 0 | 4,020 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| PDD | NEW | PDD HOLDINGS INC | SPONSORED ADS | 722304102 | 24,996,956 | 13.33 | 327700.0 |
| BIDU | ADDED | BAIDU INC | SPON ADR REP A | 056752108 | 17,864,441 | 9.53 | 156308.0 |
| SNDK | REDUCED | SANDISK CORP | COM | 80004C200 | 16,825,602 | 8.97 | 7400.0 |
| STAA | ADDED | STAAR SURGICAL CO | COM PAR $0.01 | 852312305 | 15,562,030 | 8.3 | 542420.0 |
| JD | NEW | JD.COM INC | SPON ADS CL A | 47215P106 | 12,992,252 | 6.93 | 509900.0 |
| - | ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | 12,692,011 | 6.77 | 132236.0 | |
| - | QUALCOMM INC | COM | 747525103 | 10,715,972 | 5.72 | 57990.0 | |
| - | ATOUR LIFESTYLE HLDGS LTD | SPONSORED ADS | 04965M106 | 9,603,091 | 5.12 | 301984.0 | |
| NBIS | NEW | NEBIUS GROUP N.V. | SHS CLASS A | N97284108 | 9,213,584 | 4.91 | 33362.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 8,500,746 | 4.53 | 17800.0 | |
| VNET | ADDED | VNET GROUP INC | SPONSORED ADS A | 90138A103 | 8,253,060 | 4.4 | 1026500.0 |
| CRWV | NEW | COREWEAVE INC | COM CL A | 21873S108 | 6,934,056 | 3.7 | 69661.0 |
| NVDA | REDUCED | NVIDIA CORPORATION | COM | 67066G104 | 6,843,078 | 3.65 | 34200.0 |
| MU | REDUCED | MICRON TECHNOLOGY INC | COM | 595112103 | 6,117,737 | 3.26 | 5300.0 |
| CBRS | NEW | CEREBRAS SYSTEMS INC | COM CL A | 15675D103 | 5,944,900 | 3.17 | 26900.0 |
| NOK | NEW | NOKIA CORP | SPONSORED ADR | 654902204 | 5,491,280 | 2.93 | 413500.0 |
| AMD | REDUCED | ADVANCED MICRO DEVICES INC | COM | 007903107 | 4,414,916 | 2.35 | 7600.0 |
| TCOM | ADDED | TRIP COM GROUP LTD | ADS | 89677Q107 | 4,055,712 | 2.16 | 101800.0 |
| CRCL | NEW | CIRCLE INTERNET GROUP INC | COM CL A | 172573107 | 463,462 | 0.25 | 7400.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | 187,484,886 | 19 | 11.240836 | 0.238428 | 18.799857 |
| 2026-03-31 | 2026-05-12 | 137,414,893 | 19 | 14.102338 | 0.491081 | 18.978187 |
| 2025-12-31 | 2026-02-12 | 86,123,327 | 18 | 14.833449 | 0.526493 | 21.721765 |
| 2025-09-30 | 2025-11-13 | 96,038,875 | 20 | 14.317725 | 0.384172 | 22.528942 |
| 2025-03-31 | 2025-05-12 | 107,252,035 | 16 | 10.792263 | 0.360751 | 15.915114 |
| 2024-12-31 | 2025-02-12 | 98,076,973 | 20 | 8.40245 | 0.19413 | 13.360983 |