Q3 2026 13F · SEC CIK 1927627
M & L Capital Management Ltd
Hedge fundFiled 2026-10-26 for Q3 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $481.6M
- Reported positions
- 24
- Holdings vs S&P 500, 3 yrs
- —
- Average holding period
- 3 qtrs
M & L Capital Management Ltd is a hedge fund that reported 24 positions worth $481.6M in its Q3 2026 13F, filed 2026-10-26. Its largest holdings were Micron Technology Inc (MU, 12.0%), Taiwan Semiconductor Manufac (TSM, 8.7%), Advanced Micro Devices Inc (AMD, 7.4%).
M & L Capital Management Ltd holdings all 24 positions.
Weights are shares of the filer's total reported 13F value, compared with Q2 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 |
|---|---|---|---|
| MUMicron Technology Inc | 12.0% | +30.1% | $57.8M |
| TSMTaiwan Semiconductor Manufac | 8.7% | — | $41.7M |
| AMDAdvanced Micro Devices Inc | 7.4% | +3332.4% | $35.7M |
| CIENCiena Corp | 7.3% | +59.8% | $35.4M |
| COHRCoherent Corp | 7.3% | +184.9% | $35.3M |
| MRVLMarvell Technology Inc | 6.9% | +5.6% | $33.3M |
| SMHVaneck ETF Trust | 6.9% | -8.1% | $33.1M |
| AMZNAmazon Com Inc | 5.9% | — | $28.2M |
| LITELumentum Hldgs Inc | 5.8% | -44.7% | $28.0M |
| VRTVertiv Holdings Co | 5.6% | +202.6% | $27.1M |
| NVDANvidia Corporation | 5.6% | — | $26.9M |
| ARMArm Holdings PLC | 5.6% | — | $26.7M |
| AVGOBroadcom Inc | 3.9% | -69.7% | $18.7M |
| ALABAstera Labs Inc | 3.7% | +8.7% | $17.9M |
| CRDOCredo Technology Group Holdi | 2.1% | +23.4% | $9.9M |
| ANETArista Networks Inc | 1.4% | -61.4% | $6.8M |
| SKHYVSk Hynix Inc | 1.3% | — | $6.1M |
| LRCXLam Research Corp | 1.0% | — | $4.8M |
| AMKRAmkor Technology Inc | 0.9% | +112.2% | $4.6M |
| CLSCelestica Inc | 0.4% | — | $1.8M |
| AAOIApplied Optoelectronics Inc | 0.3% | — | $1.6M |
| SITMSitime Corp | 0.0% | — | $111K |
| ISRGIntuitive Surgical Inc | 0.0% | — | $64K |
| AXONAxon Enterprise Inc | 0.0% | — | $30K |
What M & L Capital Management Ltd bought and sold in Q3 2026, against Q2 2026.
New positions
- TSM Taiwan Semiconductor Manufac8.7% of 13F
- AMZN Amazon Com Inc5.9% of 13F
- NVDA Nvidia Corporation5.6% of 13F
- ARM Arm Holdings PLC5.6% of 13F
- SKHYV Sk Hynix Inc1.3% of 13F
- LRCX Lam Research Corp1.0% of 13F
- CLS Celestica Inc0.4% of 13F
- AAOI Applied Optoelectronics Inc0.3% of 13F
Added to
- AMD Advanced Micro Devices Inc+3332.4% shares
- VRT Vertiv Holdings Co+202.6% shares
- COHR Coherent Corp+184.9% shares
- AMKR Amkor Technology Inc+112.2% shares
- CIEN Ciena Corp+59.8% shares
- MU Micron Technology Inc+30.1% shares
- CRDO Credo Technology Group Holdi+23.4% shares
- ALAB Astera Labs Inc+8.7% shares
Reduced
- AVGO Broadcom Inc-69.7% shares
- ANET Arista Networks Inc-61.4% shares
- LITE Lumentum Hldgs Inc-44.7% shares
- SMH Vaneck ETF Trust-8.1% shares
Sold out
- GOOG Alphabet Incwas 3.5%
- SPCX Space Exploration Techn Corpwas 1.6%
- BE Bloom Energy Corpwas 0.7%
- HOOD Robinhood Mkts Incwas 0.5%
Share counts compared with the Q2 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +20.8% /yr
- S&P 500 +20.1%
- 3 years
- —
- 5 years
- —
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 |
|---|---|---|
| Q3 2026 | $481.6M | 24 |
| Q2 2026 | $369.8M | 17 |
| Q1 2026 | $406.7M | 19 |
| Q4 2025 | $479.6M | 25 |
| Q3 2025 | $501.4M | 24 |
| Q2 2025 | $443.3M | 21 |
| Q1 2025 | $334.0M | 18 |
| Q4 2024 | $409.2M | 18 |
Questions about M & L Capital Management Ltd's portfolio
What stocks does M & L Capital Management Ltd own?
M & L Capital Management Ltd's latest 13F, for Q3 2026 and filed Oct 26, 2026, lists 24 positions worth $481.6M. The largest are Micron Technology Inc (MU) at 12.0%, Taiwan Semiconductor Manufac (TSM) at 8.7%, Advanced Micro Devices Inc (AMD) at 7.4%, Ciena Corp (CIEN) at 7.3% and Coherent Corp (COHR) at 7.3%.
What did M & L Capital Management Ltd buy last quarter?
In Q3 2026, M & L Capital Management Ltd added a new position in Taiwan Semiconductor Manufac (TSM), a new position in Amazon Com Inc (AMZN), a new position in Nvidia Corporation (NVDA), a new position in Arm Holdings PLC (ARM), a new position in Sk Hynix Inc (SKHYV), Advanced Micro Devices Inc (AMD) (+3332.4% shares), Vertiv Holdings Co (VRT) (+202.6% shares) and Coherent Corp (COHR) (+184.9% shares), compared with its Q2 2026 filing.
What did M & L Capital Management Ltd sell last quarter?
In Q3 2026, M & L Capital Management Ltd sold all of Alphabet Inc (GOOG), sold all of Space Exploration Techn Corp (SPCX), sold all of Bloom Energy Corp (BE), sold all of Robinhood Mkts Inc (HOOD), Broadcom Inc (AVGO) (-69.7% shares), Arista Networks Inc (ANET) (-61.4% shares) and Lumentum Hldgs Inc (LITE) (-44.7% shares), compared with its Q2 2026 filing.
When is M & L Capital Management Ltd's next 13F filing due?
13F filings are due 45 days after each quarter ends. M & L Capital Management Ltd's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.