Grand Alliance Asset Management Ltd
Long book
$165.2M
Q1 2026
Positions
13
Top-10 weight
91%
concentration
Last quarter
+53.8%
SPY +14.8%
Turnover
40%
of book per quarter
Strategy in plain words
auto-generated from filingsGrand Alliance Asset Management Ltd is a concentrated fundamental stock-picker, specialised in technology (75% of the long book), running a $165.2M US long book across 13 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: LUMENTUM HOLDINGS INC, CELESTICA INC, SANDISK CORP, BROADCOM INC, ON HOLDING AG-CLASS A.
Over the last 9 quarters its long book ran on average 9.9pp per quarter ahead of the S&P 500, beating the index in 6 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
+18.1%
Q2 2024
-1.8%
Q3 2024
-1.8%
Q4 2024
-19.6%
Q1 2025
+47.2%
Q2 2025
+22.7%
Q3 2025
+6.4%
Q4 2025
+4.5%
Q1 2026
+53.8%
Sector allocation
Technology 75%
Industrials 14%
Other 12%
Long book by quarter
What does Grand Alliance own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| LITE LUMENTUM HOLDINGS INC | Technology | 53.0K | $37.2M | 22.6% | +231.3% |
| CLS CELESTICA INC | Technology | 89.0K | $25.1M | 15.2% | +456.3% |
| SNDK SANDISK CORP | Technology | 32.0K | $20.3M | 12.3% | New |
| AVGO BROADCOM INC | Technology | 48.0K | $14.9M | 9.0% | -24.6% |
| ONON ON HOLDING AG-CLASS A | Other | 355.0K | $12.1M | 7.3% | +54.3% |
| WDC WESTERN DIGITAL CORP | Technology | 36.0K | $9.7M | 5.9% | -29.4% |
| LRCX LAM RESEARCH CORP | Industrials | 45.0K | $9.6M | 5.8% | New |
| COHR COHERENT CORP | Other | 30.0K | $7.1M | 4.3% | New |
| MU MICRON TECHNOLOGY INC | Technology | 21.0K | $7.1M | 4.3% | -82.9% |
| GLW CORNING INC | Industrials | 52.0K | $7.1M | 4.3% | New |
| NVDA NVIDIA CORP | Technology | 36.1K | $6.3M | 3.8% | +12.5% |
| BE BLOOM ENERGY CORP- A | Industrials | 45.0K | $6.1M | 3.7% | -45.8% |
| TTMI TTM TECHNOLOGIES | Technology | 26.0K | $2.5M | 1.5% | -65.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 13 | $165.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 11 | $137.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 8 | $161.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 8 | $88.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 7 | $86.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 8 | $91.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 10 | $150.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 12 | $209.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 12 | $175.7M | canonical | SEC ↗ |