Q3 2025 · 13F-HR
AI-Squared Management Ltdholdings as filed
Filed 2025-11-13 · accession 0001933952-25-000008
$96.0M
Reported value
20
Positions
2025-09-30
Period end
The Brief · AI-Squared Management Ltd · Q3 2025
AI · grounded in 13F
AI-Squared Management Ltd established a new position in PDD valued at $23.86M. The fund also initiated new stakes in BIDU for $11.56M and ONTO for $7.79M. Additional new positions include ATAT, HTZ, and OLED.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 722304102 | PDD | PDD HOLDINGS INC | $23.9M | 24.8% | 180,508 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC | $11.6M | 12.0% | 87,750 | Common | SOLE |
| 683344105 | ONTO | ONTO INNOVATION INC | $7.8M | 8.11% | 60,300 | Common | SOLE |
| 04965M106 | ATAT | ATOUR LIFESTYLE HLDGS LTD | $6.1M | 6.31% | 161,158 | Common | SOLE |
| 42806J700 | HTZ | HERTZ GLOBAL HLDGS INC | $6.0M | 6.22% | 878,900 | Common | SOLE |
| 91347P105 | OLED | UNIVERSAL DISPLAY CORP | $5.5M | 5.74% | 38,400 | Common | SOLE |
| 03823U102 | AAOI | APPLIED OPTOELECTRONICS INC | $5.0M | 5.25% | 194,500 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $4.0M | 4.21% | 22,626 | Common | SOLE |
| 90138A103 | VNET | VNET GROUP INC | $3.9M | 4.06% | 377,280 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $3.8M | 3.96% | 113,400 | Common | SOLE |
| 36165L108 | GDS | GDS HLDGS LTD | $3.8M | 3.96% | 98,280 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $3.6M | 3.76% | 278,700 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $2.0M | 2.03% | 12,000 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $1.9M | 1.95% | 7,600 | Common | SOLE |
| 031652100 | AMKR | AMKOR TECHNOLOGY INC | $1.8M | 1.92% | 64,800 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $1.8M | 1.89% | 11,200 | Common | SOLE |
| 466313103 | JBL | JABIL INC | $1.8M | 1.83% | 8,100 | Common | SOLE |
| 44332N106 | HTHT | H WORLD GROUP LTD | $1.2M | 1.21% | 29,600 | Common | SOLE |
| 46267X108 | IQ | IQIYI INC | $361,984 | 0.38% | 141,400 | Common | SOLE |
| 36118L106 | FUTU | FUTU HLDGS LTD | $313,038 | 0.33% | 1,800 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.