Shengqi Capital (Hong Kong) Ltd
Long book
$67.6M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+188.7%
SPY +14.8%
Turnover
100%
of book per quarter
Strategy in plain words
auto-generated from filingsShengqi Capital (Hong Kong) Ltd is a diversified fundamental manager, specialised in technology (100% of the long book), running a $67.6M US long book across 5 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: MICRON TECHNOLOGY INC, ALPHABET INC-CL C, PROSHARES ULTRAPRO QQQ, ISHARES BITCOIN TRUST ETF, GREENLAND MINES LTD.
Over the last 5 quarters its long book ran on average 29.4pp per quarter ahead of the S&P 500, beating the index in 2 of 5 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
Q3 2024
+15.5%
Q4 2024
-5.1%
Q1 2025
-9.7%
Q3 2025
-16.1%
Q1 2026
+188.7%
Sector allocation
Technology 100%
Healthcare 0%
Long book by quarter
What does Shengqi Capital own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR/ARESTATEMENT | May 8, 2026 | 5 | $67.6M | canonical | SEC ↗ |
| Q1 2026 | 13F-HR | May 6, 2026 | 4 | $41K | SEC ↗ | |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 1 | $27.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 4 | $33K | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 18, 2025 | 1 | $24.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 5 | $142.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 7 | $164.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 3 | $134.0M | canonical | SEC ↗ |