Q2 2026 13F · SEC CIK 1665925
Ariose Capital Management Ltd
Hedge fundFiled 2026-07-27 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $234.1M
- Reported positions
- 19
- Top holdings a year, 3 yrs
- +21.4%
- Average holding period
- 2 qtrs
Ariose Capital Management Ltd is a hedge fund that reported 19 positions worth $234.1M in its Q2 2026 13F, filed 2026-07-27. Its largest holdings were Sandisk Corp (SNDK, 22.1%), Seagate Technology Hldngs Pl (STX, 11.4%), Advanced Micro Devices Inc (AMD, 9.9%). A portfolio copying its top holdings returned 21.4% a year over the last 3 years, against 20.4% for the S&P 500.
Ariose Capital Management Ltd holdings all 19 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| SNDKSandisk Corp | 22.1% | — | $51.8M |
| STXSeagate Technology Hldngs Pl | 11.4% | -71.4% | $26.6M |
| AMDAdvanced Micro Devices Inc | 9.9% | — | $23.2M |
| MRVLMarvell Technology Inc | 9.5% | — | $22.2M |
| SOXXIshares Tr | 7.2% | — | $16.7M |
| BWXTBwx Technologies Inc | 6.0% | — | $13.9M |
| DQDaqo New Energy Corp | 5.5% | +108.7% | $12.8M |
| AMATApplied Matls Inc | 4.4% | — | $10.3M |
| BIDUBaidu Inc | 4.1% | — | $9.6M |
| STMStmicroelectronics N V Ny Registry | 3.2% | — | $7.6M |
| VECOVeeco Instrs Inc Del | 3.1% | — | $7.3M |
| POWIPower Integrations Inc | 2.4% | — | $5.6M |
| TSMTaiwan Semiconductor Manufac | 2.3% | — | $5.4M |
| NVTSNavitas Semiconductor Corp | 2.1% | — | $5.0M |
| VIAVViavi Solutions Inc | 2.1% | — | $5.0M |
| SMTCSemtech Corp | 2.0% | — | $4.7M |
| SGMLSigma Lithium Corp US | 1.7% | +0.0% | $3.9M |
| YYJOYY Inc | 0.6% | -50.0% | $1.4M |
| INTCIntel Corp | 0.5% | — | $1.1M |
What Ariose Capital Management Ltd bought and sold in Q2 2026, against Q1 2026.
New positions
- SNDK Sandisk Corp22.1% of 13F
- AMD Advanced Micro Devices Inc9.9% of 13F
- MRVL Marvell Technology Inc9.5% of 13F
- SOXX Ishares Tr7.2% of 13F
- BWXT Bwx Technologies Inc6.0% of 13F
- AMAT Applied Matls Inc4.4% of 13F
- BIDU Baidu Inc4.1% of 13F
- STM Stmicroelectronics N V Ny Registry3.2% of 13F
Added to
- DQ Daqo New Energy Corp+108.7% shares
Reduced
- STX Seagate Technology Hldngs Pl-71.4% shares
- YY JOYY Inc-50.0% shares
Sold out
- AXTI Axt Incwas 26.2%
- GLW Corning Incwas 11.6%
- VICR Vicor Corpwas 7.9%
- AAOI Applied Optoelectronics Incwas 5.9%
- NOK Nokia Corpwas 3.2%
- CCJ Cameco Corpwas 2.5%
- URA Global X Fdswas 2.5%
- LITE Lumentum Hldgs Incwas 1.3%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +34.5% /yr
- S&P 500 +20.1%
- 3 years
- +21.4% /yr
- S&P 500 +20.4%
- 5 years
- +6.6% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $234.1M | 19 |
| Q1 2026 | $148.9M | 15 |
| Q4 2025 | $298.5M | 14 |
| Q3 2025 | $298.2M | 35 |
| Q2 2025 | $158.2M | 18 |
| Q1 2025 | $91.2M | 12 |
| Q4 2024 | $120.8M | 13 |
| Q3 2024 | $116.8M | 9 |
| Q2 2024 | $131.0M | 13 |
| Q1 2024 | $189.9M | 12 |
| Q4 2023 | $256.4M | 17 |
| Q3 2023 | $176.7M | 9 |
Questions about Ariose Capital Management Ltd's portfolio
What stocks does Ariose Capital Management Ltd own?
Ariose Capital Management Ltd's latest 13F, for Q2 2026 and filed Jul 27, 2026, lists 19 positions worth $234.1M. The largest are Sandisk Corp (SNDK) at 22.1%, Seagate Technology Hldngs Pl (STX) at 11.4%, Advanced Micro Devices Inc (AMD) at 9.9%, Marvell Technology Inc (MRVL) at 9.5% and Ishares Tr (SOXX) at 7.2%.
What did Ariose Capital Management Ltd buy last quarter?
In Q2 2026, Ariose Capital Management Ltd added a new position in Sandisk Corp (SNDK), a new position in Advanced Micro Devices Inc (AMD), a new position in Marvell Technology Inc (MRVL), a new position in Ishares Tr (SOXX), a new position in Bwx Technologies Inc (BWXT) and Daqo New Energy Corp (DQ) (+108.7% shares), compared with its Q1 2026 filing.
What did Ariose Capital Management Ltd sell last quarter?
In Q2 2026, Ariose Capital Management Ltd sold all of Axt Inc (AXTI), sold all of Corning Inc (GLW), sold all of Vicor Corp (VICR), sold all of Applied Optoelectronics Inc (AAOI), sold all of Nokia Corp (NOK), Seagate Technology Hldngs Pl (STX) (-71.4% shares) and JOYY Inc (YY) (-50.0% shares), compared with its Q1 2026 filing.
How has Ariose Capital Management Ltd's portfolio performed?
A portfolio copying Ariose Capital Management Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +34.5% against +20.1%. Over 5 years: +6.6% a year against +11.6%.
When is Ariose Capital Management Ltd's next 13F filing due?
13F filings are due 45 days after each quarter ends. Ariose Capital Management Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.