Filed: 11/13/2025ACC: 0001933952-25-000008
📋 What this filing means
AI-SQUARED MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 20 equity positions with a total reported market value of $96.04M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
20
Positions
$96.04M
Total AUM (reported)
2.77M
Total Shares
Allocation by class
SPONSORED ADS$42.90M44.7%
COM$31.39M32.7%
SPON ADR REP A$11.56M12.0%
COM NEW$5.98M6.2%
SPONSORED ADS A$3.90M4.1%
SPON ADS CL A$313.0K0.3%
Portfolio Concentration
Top 3$43.21M45.0%
4–10$34.34M35.8%
11–25$18.49M19.2%
Top 3 weight
45.0%
Top 10 weight
80.8%
Voting Authority Distribution
Total shares with voting rights: 2.77M
Sole
Full voting authority
2.77M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole20
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings20
Rows:
PDD HOLDINGS INC
SOLEShares180.51K
TypeSH
Market value$23.86M
24.84%
Sole
180.51K
Shared
0.00
None
0.00
BAIDU INC
SOLEShares87.75K
TypeSH
Market value$11.56M
12.04%
Sole
87.75K
Shared
0.00
None
0.00
ONTO INNOVATION INC
SOLEShares60.30K
TypeSH
Market value$7.79M
8.11%
Sole
60.30K
Shared
0.00
None
0.00
ATOUR LIFESTYLE HLDGS LTD
SOLEShares161.16K
TypeSH
Market value$6.06M
6.31%
Sole
161.16K
Shared
0.00
None
0.00
HERTZ GLOBAL HLDGS INC
SOLEShares878.90K
TypeSH
Market value$5.98M
6.22%
Sole
878.90K
Shared
0.00
None
0.00
UNIVERSAL DISPLAY CORP
SOLEShares38.40K
TypeSH
Market value$5.52M
5.74%
Sole
38.40K
Shared
0.00
None
0.00
APPLIED OPTOELECTRONICS INC
SOLEShares194.50K
TypeSH
Market value$5.04M
5.25%
Sole
194.50K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares22.63K
TypeSH
Market value$4.04M
4.21%
Sole
22.63K
Shared
0.00
None
0.00
VNET GROUP INC
SOLEShares377.28K
TypeSH
Market value$3.90M
4.06%
Sole
377.28K
Shared
0.00
None
0.00
INTEL CORP
SOLEShares113.40K
TypeSH
Market value$3.80M
3.96%
Sole
113.40K
Shared
0.00
None
0.00
GDS HLDGS LTD
SOLEShares98.28K
TypeSH
Market value$3.80M
3.96%
Sole
98.28K
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares278.70K
TypeSH
Market value$3.61M
3.76%
Sole
278.70K
Shared
0.00
None
0.00
LUMENTUM HLDGS INC
SOLEShares12K
TypeSH
Market value$1.95M
2.03%
Sole
12K
Shared
0.00
None
0.00
CELESTICA INC
SOLEShares7.60K
TypeSH
Market value$1.87M
1.95%
Sole
7.60K
Shared
0.00
None
0.00
AMKOR TECHNOLOGY INC
SOLEShares64.80K
TypeSH
Market value$1.84M
1.92%
Sole
64.80K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares11.20K
TypeSH
Market value$1.81M
1.89%
Sole
11.20K
Shared
0.00
None
0.00
JABIL INC
SOLEShares8.10K
TypeSH
Market value$1.76M
1.83%
Sole
8.10K
Shared
0.00
None
0.00
H WORLD GROUP LTD
SOLEShares29.60K
TypeSH
Market value$1.16M
1.21%
Sole
29.60K
Shared
0.00
None
0.00
IQIYI INC
SOLEShares141.40K
TypeSH
Market value$362.0K
0.38%
Sole
141.40K
Shared
0.00
None
0.00
FUTU HLDGS LTD
SOLEShares1.80K
TypeSH
Market value$313.0K
0.33%
Sole
1.80K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 180.51K | SH | $23.86M 24.84% | 180.51K | 0.00 | 0.00 |
BAIDU INCSOLE | SPON ADR REP A | 87.75K | SH | $11.56M 12.04% | 87.75K | 0.00 | 0.00 |
ONTO INNOVATION INCSOLE | COM | 60.30K | SH | $7.79M 8.11% | 60.30K | 0.00 | 0.00 |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 161.16K | SH | $6.06M 6.31% | 161.16K | 0.00 | 0.00 |
HERTZ GLOBAL HLDGS INCSOLE | COM NEW | 878.90K | SH | $5.98M 6.22% | 878.90K | 0.00 | 0.00 |
UNIVERSAL DISPLAY CORPSOLE | COM | 38.40K | SH | $5.52M 5.74% | 38.40K | 0.00 | 0.00 |
APPLIED OPTOELECTRONICS INCSOLE | COM | 194.50K | SH | $5.04M 5.25% | 194.50K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 22.63K | SH | $4.04M 4.21% | 22.63K | 0.00 | 0.00 |
VNET GROUP INCSOLE | SPONSORED ADS A | 377.28K | SH | $3.90M 4.06% | 377.28K | 0.00 | 0.00 |
INTEL CORPSOLE | COM | 113.40K | SH | $3.80M 3.96% | 113.40K | 0.00 | 0.00 |
GDS HLDGS LTDSOLE | SPONSORED ADS | 98.28K | SH | $3.80M 3.96% | 98.28K | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 278.70K | SH | $3.61M 3.76% | 278.70K | 0.00 | 0.00 |
LUMENTUM HLDGS INCSOLE | COM | 12K | SH | $1.95M 2.03% | 12K | 0.00 | 0.00 |
CELESTICA INCSOLE | COM | 7.60K | SH | $1.87M 1.95% | 7.60K | 0.00 | 0.00 |
AMKOR TECHNOLOGY INCSOLE | COM | 64.80K | SH | $1.84M 1.92% | 64.80K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 11.20K | SH | $1.81M 1.89% | 11.20K | 0.00 | 0.00 |
JABIL INCSOLE | COM | 8.10K | SH | $1.76M 1.83% | 8.10K | 0.00 | 0.00 |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 29.60K | SH | $1.16M 1.21% | 29.60K | 0.00 | 0.00 |
IQIYI INCSOLE | SPONSORED ADS | 141.40K | SH | $362.0K 0.38% | 141.40K | 0.00 | 0.00 |
FUTU HLDGS LTDSOLE | SPON ADS CL A | 1.80K | SH | $313.0K 0.33% | 1.80K | 0.00 | 0.00 |