Central Asset Investments & Management Holdings (HK) Ltd

Fundamental concentrated ★Signal technology specialist (86%) CIK 1583672
League rank
#1
in Fundamental concentrated · #1 overall
Long book
$104.0M
Q1 2026
Positions
21
Top-10 weight
96%
concentration
Last quarter
+113.9%
SPY +14.8%
Turnover
79%
of book per quarter

Strategy in plain words

auto-generated from filings

Central Asset Investments & Management Holdings (HK) Ltd is a concentrated fundamental stock-picker, specialised in technology (86% of the long book), running a $104.0M US long book across 21 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SANDISK CORP, WESTERN DIGITAL CORP, MICRON TECHNOLOGY INC, SEAGATE TECHNOLOGY HOLDINGS, TAIWAN SEMICONDUCTOR-SP ADR.

Over the last 9 quarters its long book ran on average 14.3pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+11.3%
Q2 2024
-2.9%
Q3 2024
-3.1%
Q4 2024
-10.7%
Q1 2025
+12.4%
Q2 2025
+18.2%
Q3 2025
+0.8%
Q4 2025
+28.9%
Q1 2026
+113.9%

Sector allocation

Technology
72%
Other
17%
Utilities
7%
Industrials
2%
Financials
0%
Materials
0%
Energy
0%

Long book by quarter

$83.0M
Q1 2024
$143.4M
Q2 2024
$67.1M
Q3 2024
$154.0M
Q4 2024
$50.7M
Q1 2025
$109.7M
Q2 2025
$141.1M
Q3 2025
$150.3M
Q4 2025
$104.0M
Q1 2026

What does Central Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SNDK SANDISK CORPTechnology39.7K$25.2M24.3%-24.8%
WDC WESTERN DIGITAL CORPTechnology73.6K$19.9M19.1%-45.0%
MU MICRON TECHNOLOGY INCTechnology51.0K$17.2M16.6%-39.1%
STXN SEAGATE TECHNOLOGY HOLDINGS40.1K$15.7M15.1%-54.6%
VG VENTURE GLOBAL INC-CL AUtilities248.0K$3.9M3.8%New
LNG CHENIERE ENERGY INCUtilities8.8K$2.5M2.4%New
NVDA NVIDIA CORPTechnology8.2K$1.4M1.4%-83.1%
AMD ADVANCED MICRO DEVICESTechnology5.0K$1.0M1.0%New
ASML ASML HOLDING NV-NY REG SHSIndustrials500$660K0.6%New
LRCX LAM RESEARCH CORPIndustrials1.9K$406K0.4%New
ALB ALBEMARLE CORPMaterials1.7K$305K0.3%Held
BE BLOOM ENERGY CORP- AIndustrials2.0K$271K0.3%-74.8%
GLNG GOLAR LNG LTDIndustrials5.0K$271K0.3%New
NEXT NEXTDECADE CORPUtilities33.0K$253K0.2%New
VLO VALERO ENERGY CORPEnergy1.0K$247K0.2%New
FLNG FLEX LNG LTDIndustrials8.2K$244K0.2%New
RIOT RIOT PLATFORMS INCFinancials19.0K$235K0.2%-25.8%
WULF TERAWULF INCFinancials13.0K$188K0.2%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 202624$107.6M canonicalSEC ↗
Q4 202513F-HRFeb 5, 202639$153.8M canonicalSEC ↗
Q3 202513F-HRNov 17, 202560$169.3M canonicalSEC ↗
Q2 202513F-HRAug 8, 202542$142.9M canonicalSEC ↗
Q1 202513F-HRMay 13, 202541$59.3M canonicalSEC ↗
Q4 202413F-HRFeb 5, 202576$163.1M canonicalSEC ↗
Q3 202413F-HRNov 6, 202436$100.8M canonicalSEC ↗
Q2 202413F-HRAug 12, 202455$268.1M canonicalSEC ↗
Q1 202413F-HRMay 9, 202445$122.8M canonicalSEC ↗