Managers / Q2 2024 · view latest →
Valliance Asset Management Ltd
CIK 0001846639 · 16/F, 8 QUEEN'S ROAD, CENTRAL, K3, 000000 · 852 35657001
Summary
Valliance Asset Management Ltd reported $66M in U.S.-listed holdings across 15 positions for Q2 2024.
The portfolio is heavily concentrated: Iqiyi alone accounts for 44.3% of reported value.
Compared with Q1 2024, the fund opened 9 new positions and exited 3.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Other · 48.4% · $32M
- Common Stock · 37.7% · $25M
- ADR · 12.5% · $8M
- REIT · 1.4% · $907,920
Quarter-over-Quarter Changes full breakdown →
vs Q1 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MUMICRON TECHNOLOGY INC | NEW | +58.0K | 58.0K | +$8M | $8M |
| AAPLAPPLE INC | NEW | +25.0K | 25.0K | +$5M | $5M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | NEW | +25.0K | 25.0K | +$4M | $4M |
| TCOMTRIP COM GROUP LTD | NEW | +83.1K | 83.1K | +$4M | $4M |
| NVDANVIDIA CORPORATION | NEW | +28.9K | 28.9K | +$4M | $4M |
| LAM RESEARCH CORP | NEW | +3.0K | 3.0K | +$3M | $3M |
| ASMLFASML HOLDING N V | NEW | +3.0K | 3.0K | +$3M | $3M |
| FLEX LTD | NEW | +90.0K | 90.0K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IQIYI INC | NOTE 6.500% 3/1 | 44.28% | $29M | 30.40M |
| 2 | AAPLAPPLE INChistory → | COM | 7.99% | $5M | 25.0K |
| 3 | MUMICRON TECHNOLOGY INChistory → | COM | 7.78% | $5M | 39.0K |
| 4 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 6.59% | $4M | 25.0K |
| 5 | TCOMTRIP COM GROUP LTDhistory → | ADS | 5.93% | $4M | 83.1K |
| 6 | NVDANVIDIA CORPORATIONhistory → | COM | 5.41% | $4M | 28.9K |
| 7 | LAM RESEARCH CORP | COM | 4.81% | $3M | 3.0K |
| 8 | ASMLFASML HOLDING N Vhistory → | N Y REGISTRY SHS | 4.65% | $3M | 3.0K |
| 9 | FLEX LTD | ORD | 4.03% | $3M | 90.0K |
| 10 | EQIXEQUINIX INChistory → | COM | 1.38% | $907,920 | 1.2K |
| 11 | APHAMPHENOL CORP NEWhistory → | CL A | 1.23% | $808,440 | 12.0K |
| 12 | GEVGE VERNOVA INC | COM | 0.80% | $528,251 | 3.1K |
| 13 | LAKESHORE BIOPHARMA CO LTD | *W EXP 03/15/202 | 0.10% | $66,000 | 750.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $122M | 8 | May 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $240M | 11 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $13M | 1 | Oct 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $13M | 5 | Jul 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $44M | 25 | May 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $56M | 18 | Feb 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $82M | 7 | Oct 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $66M | 15 | Aug 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $41M | 8 | May 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $3M | 6 | Jan 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $27M | 14 | Oct 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $6M | 4 | Jul 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $56M | 9 | May 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $71M | 8 | Feb 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $36M | 6 | Nov 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $24M | 3 | Aug 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $18M | 2 | Apr 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $41M | 3 | Jan 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $99M | 6 | Oct 27, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $23M | 3 | Jul 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $8M | 1 | May 5, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $47M | 3 | Feb 18, 2021 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.