Managers / Q1 2026
Valliance Asset Management Ltd
CIK 0001846639 · 16/F, 8 QUEEN'S ROAD, CENTRAL, K3, 000000 · 852 35657001
Summary
Valliance Asset Management Ltd reported $122M in U.S.-listed holdings across 8 positions for Q1 2026.
The portfolio is heavily concentrated: LITE alone accounts for 27.5% of reported value.
Compared with Q4 2025, the fund opened 5 new positions and exited 7.
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
- Common Stock · 97.0% · $118M
- ETP · 3.0% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TSEMTOWER SEMICONDUCTOR LTD | NEW | +130.2K | 130.2K | +$23M | $23M |
| NBISNEBIUS GROUP N.V. | NEW | +171.1K | 171.1K | +$18M | $18M |
| AXTIAXT INC | NEW | +112.6K | 112.6K | +$6M | $6M |
| GLWCORNING INC | NEW | +29.9K | 29.9K | +$4M | $4M |
| PPLTABRDN PLATINUM ETF TRUST | NEW | +20.3K | 20.3K | +$4M | $4M |
| LITELUMENTUM HLDGS INC | ADDED | +27.6K | 47.6K | +$26M | $33M |
| CEGCONSTELLATION ENERGY CORP | SOLD OUT | −290.6K | 0 | −$103M | $0 |
| BIDUBAIDU INC | SOLD OUT | −270.0K | 0 | −$35M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | LITELUMENTUM HLDGS INChistory → | COM | 27.46% | $33M | 47.6K |
| 2 | SNDKSANDISK CORPhistory → | COM | 24.14% | $29M | 46.3K |
| 3 | TSEMTOWER SEMICONDUCTOR LTDhistory → | SHS NEW | 18.74% | $23M | 130.2K |
| 4 | NBISNEBIUS GROUP N.V.history → | SHS CLASS A | 14.56% | $18M | 171.1K |
| 5 | AXTIAXT INChistory → | COM | 5.26% | $6M | 112.6K |
| 6 | MUMICRON TECHNOLOGY INChistory → | COM | 3.52% | $4M | 12.7K |
| 7 | GLWCORNING INChistory → | COM | 3.34% | $4M | 29.9K |
| 8 | PPLTABRDN PLATINUM ETF TRUSThistory → | PHYSCL PLATM SHS | 2.97% | $4M | 20.3K |
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 ↗.