FengHe Fund Management Pte. Ltd. 13F: Quarter-over-Quarter Portfolio Changes
FengHe Fund Management Pte. Ltd. reported a disclosed portfolio value of approximately $1.1 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 45.7% quarter on quarter. Over the quarter, the fund initiated 5 new positions, bought more shares in 7 holdings, trimmed 6 holdings, and exited 18 positions.
FengHe Fund Management Pte. Ltd.'s top buy was a new stake in Texas Instrs INC (TXN) , equal to 16.3% of the disclosed portfolio. Its top sell was Bwx Technologies INC (BWXT) . The fund sold 90.7% of its previously reported shares, reducing the position's portfolio weight by 9.8 percentage points.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| TEXAS INSTRS INC | TXN | 16.3% | History → |
| HOWMET AEROSPACE | HWM | 8.0% | History → |
| SILICON MOTION TECHNO ADR REP 4 ORD | SIMO | 5.7% | History → |
| WESTERN DIGITAL CORP | WDC | 1.6% | Holders → |
| DAQO NEW ENERGY CORP | DQ | 0.2% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| CREDO TECHNOLOGY GROUP HOLDI | CRDO | +14.8% | +547.0% | History → |
| WOODWARD | WWD | +2.1% | +397.8% | History → |
| MODINE MFG CO | MOD | +2.8% | +197.5% | History → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | +2.3% | +49.8% | History → |
| MKS INC. | MKSI | +10.0% | +27.5% | History → |
| ALIBABA GROUP HLDG LTD | BABA | +-0.3% | +24.4% | Holders → |
| NVIDIA CORPORATION | NVDA | +-0.1% | +8.0% | Holders → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| BWX TECHNOLOGIES INC | BWXT | -9.8% | 90.7% | Holders → |
| ALPHABET INC-CL A | GOOGL | -4.6% | 88.6% | Holders → |
| ADVANCED MICRO DEVICES INC | AMD | -1.4% | 73.4% | Holders → |
| SITIME CORP | SITM | -1.7% | 54.8% | History → |
| CIENA CORP | CIEN | -2.4% | 42.1% | History → |
| ASTERA LABS INC | ALAB | 1.3% | 30.0% | Holders → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| TERADYNE INC | TER | 8.1% |
| ON HLDG AG | ONON | 8.0% |
| LUMENTUM HLDGS INC | LITE | 5.1% |
| L3HARRIS TECHNOLOGIES INC | LHX | 4.9% |
| ASML HLDG NV | ASML | 4.4% |
| MACOM TECHNOLOGY SOLUTIONS ORD | MTSI | 3.4% |
| BROADCOM INC | AVGO | 2.5% |
| ALNYLAM PHARMACEUTICALS INC | ALNY | 1.5% |
| CARPENTER TECHNOLOGY CORP | CRS | 1.4% |
| MICROSOFT CORP | MSFT | 1.3% |
| ANALOG DEVICES INC | ADI | 1.3% |
| ALCOA CORP | AA | 1.0% |
| BARRICK MNG CORP | B | 0.8% |
| TAL ED GROUP | TAL | 0.3% |
| JOYY, INC. | JOYY | 0.2% |
| NETEASE INC | NTES | 0.2% |
| SEA LTD | SE | 0.2% |
| TENCENT MUSIC ENTMT GROUP | TME | 0.2% |
Net Portfolio Value ChangeQ2 2026
- $0.7BPrior quarter
- $1.1BCurrent quarter
- +$0.3BNet delta
- +45.7%% change
Methodology & FAQ
How FengHe Fund Management Pte. Ltd. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for FengHe Fund Management Pte. Ltd.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did FengHe Fund Management Pte. Ltd. buy in Q2 2026?
In Q2 2026, FengHe Fund Management Pte. Ltd. initiated 5 new positions (TEXAS INSTRS INC (TXN), HOWMET AEROSPACE (HWM), SILICON MOTION TECHNO ADR REP 4 ORD (SIMO), WESTERN DIGITAL CORP (WDC), DAQO NEW ENERGY CORP (DQ)); bought more shares of CREDO TECHNOLOGY GROUP HOLDI (CRDO), WOODWARD (WWD), MODINE MFG CO (MOD), TAIWAN SEMICONDUCTOR MANUFAC (TSM), MKS INC. (MKSI) (the largest 5 of 7 adds).
What stocks did FengHe Fund Management Pte. Ltd. sell in Q2 2026?
In Q2 2026, FengHe Fund Management Pte. Ltd. fully sold 18 positions (TERADYNE INC (TER), ON HLDG AG (ONON), LUMENTUM HLDGS INC (LITE), L3HARRIS TECHNOLOGIES INC (LHX), ASML HLDG NV (ASML), MACOM TECHNOLOGY SOLUTIONS ORD (MTSI), BROADCOM INC (AVGO), ALNYLAM PHARMACEUTICALS INC (ALNY), CARPENTER TECHNOLOGY CORP (CRS), MICROSOFT CORP (MSFT), ANALOG DEVICES INC (ADI), ALCOA CORP (AA), BARRICK MNG CORP (B), TAL ED GROUP (TAL), JOYY, INC. (JOYY), NETEASE INC (NTES), SEA LTD (SE), TENCENT MUSIC ENTMT GROUP (TME)); reduced holdings in BWX TECHNOLOGIES INC (BWXT), ALPHABET INC-CL A (GOOGL), ADVANCED MICRO DEVICES INC (AMD), SITIME CORP (SITM), CIENA CORP (CIEN) (the largest 5 of 6 reductions).
Which positions did FengHe Fund Management Pte. Ltd. initiate in Q2 2026?
FengHe Fund Management Pte. Ltd. established 5 new positions in Q2 2026: TEXAS INSTRS INC (TXN, 16.3%), HOWMET AEROSPACE (HWM, 8.0%), SILICON MOTION TECHNO ADR REP 4 ORD (SIMO, 5.7%), WESTERN DIGITAL CORP (WDC, 1.6%), DAQO NEW ENERGY CORP (DQ, 0.2%).
Which existing positions saw the largest allocation increases for FengHe Fund Management Pte. Ltd. in Q2 2026?
Of 7 existing positions with share-count increases in Q2 2026, the largest were: CREDO TECHNOLOGY GROUP HOLDI (CRDO, +14.8% weight, +547.0% shares), WOODWARD (WWD, +2.1% weight, +397.8% shares), MODINE MFG CO (MOD, +2.8% weight, +197.5% shares), TAIWAN SEMICONDUCTOR MANUFAC (TSM, +2.3% weight, +49.8% shares), MKS INC. (MKSI, +10.0% weight, +27.5% shares), ALIBABA GROUP HLDG LTD (BABA, +-0.3% weight, +24.4% shares), NVIDIA CORPORATION (NVDA, +-0.1% weight, +8.0% shares).
Which positions did FengHe Fund Management Pte. Ltd. fully exit in Q2 2026?
FengHe Fund Management Pte. Ltd. fully exited 18 positions in Q2 2026: TERADYNE INC (TER, last-reported weight 8.1%), ON HLDG AG (ONON, last-reported weight 8.0%), LUMENTUM HLDGS INC (LITE, last-reported weight 5.1%), L3HARRIS TECHNOLOGIES INC (LHX, last-reported weight 4.9%), ASML HLDG NV (ASML, last-reported weight 4.4%), MACOM TECHNOLOGY SOLUTIONS ORD (MTSI, last-reported weight 3.4%), BROADCOM INC (AVGO, last-reported weight 2.5%), ALNYLAM PHARMACEUTICALS INC (ALNY, last-reported weight 1.5%), CARPENTER TECHNOLOGY CORP (CRS, last-reported weight 1.4%), MICROSOFT CORP (MSFT, last-reported weight 1.3%), ANALOG DEVICES INC (ADI, last-reported weight 1.3%), ALCOA CORP (AA, last-reported weight 1.0%), BARRICK MNG CORP (B, last-reported weight 0.8%), TAL ED GROUP (TAL, last-reported weight 0.3%), JOYY, INC. (JOYY, last-reported weight 0.2%), NETEASE INC (NTES, last-reported weight 0.2%), SEA LTD (SE, last-reported weight 0.2%), TENCENT MUSIC ENTMT GROUP (TME, last-reported weight 0.2%).
Which existing positions saw the largest allocation reductions for FengHe Fund Management Pte. Ltd. in Q2 2026?
Of 6 existing positions with share-count reductions in Q2 2026, the largest were: BWX TECHNOLOGIES INC (BWXT, -9.8% weight, -90.7% shares), ALPHABET INC-CL A (GOOGL, -4.6% weight, -88.6% shares), ADVANCED MICRO DEVICES INC (AMD, -1.4% weight, -73.4% shares), SITIME CORP (SITM, -1.7% weight, -54.8% shares), CIENA CORP (CIEN, -2.4% weight, -42.1% shares), ASTERA LABS INC (ALAB, 1.3% weight, -30.0% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.