UG Investment Advisers Ltd.
Long book
$109.6M
Q1 2026
Positions
12
Top-10 weight
98%
concentration
Last quarter
+61.2%
SPY +14.8%
Turnover
33%
of book per quarter
Strategy in plain words
auto-generated from filingsUG Investment Advisers Ltd. is a concentrated fundamental stock-picker, specialised in technology (69% of the long book), running a $109.6M US long book across 12 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: MICRON TECHNOLOGY INC, ALIBABA GROUP HOLDING-SP ADR, QUALCOMM INC, NVIDIA CORP, LUMENTUM HOLDINGS INC.
Over the last 9 quarters its long book ran on average 9.5pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+14.0%
Q2 2024
+4.4%
Q3 2024
-4.3%
Q4 2024
+13.1%
Q1 2025
+5.9%
Q2 2025
+36.2%
Q3 2025
+3.3%
Q4 2025
-7.9%
Q1 2026
+61.2%
Sector allocation
Technology 86%
Other 7%
Materials 7%
Long book by quarter
What does UG Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MU MICRON TECHNOLOGY INC | Technology | 91.5K | $30.9M | 28.2% | -71.0% |
| QCOM QUALCOMM INC | Technology | 140.9K | $18.1M | 16.6% | -67.9% |
| NVDA NVIDIA CORP | Technology | 54.5K | $9.5M | 8.7% | Held |
| LITE LUMENTUM HOLDINGS INC | Technology | 10.7K | $7.5M | 6.9% | New |
| COHR COHERENT CORP | Other | 26.4K | $6.3M | 5.7% | New |
| ROG ROGERS CORP | Materials | 53.6K | $5.7M | 5.2% | New |
| AVGO BROADCOM INC | Technology | 13.1K | $4.0M | 3.7% | -8.4% |
| AMKR AMKOR TECHNOLOGY INC | Technology | 39.3K | $1.8M | 1.6% | -44.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 15 | $148.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 28, 2026 | 11 | $434.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 13 | $638.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 21, 2025 | 12 | $523.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 12 | $365.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 9 | $255.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 29, 2024 | 11 | $266.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 29, 2024 | 12 | $295.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 14 | $301.8M | canonical | SEC ↗ |