Apeiron Capital
HONG KONG, K3files as APEIRON CAPITAL Ltd
$156m in 14 US stocks at the end of 30 June 2026. The top 10 are 93.0% of the money. It changed about 58.4% of the portfolio this quarter.
Value
$156m
Stocks
14
Top 10 share
93.0%
Turnover
58.4%
What changed this quarter
New
Bought for the first time this quarter.
- Direxion Shares ETF TrustMUU22.9% of the fund
- Abivax SAABVX11.2% of the fund
- Western DigitalWDC5.3% of the fund
- Nektar TherapeuticsNKTR4.8% of the fund
- NokiaNOK3.2% of the fund
- Seagate Technology HoldingsSTX3.1% of the fund
- SandiskSNDK2.3% of the fund
- Lumentum HoldingsLITE1.9% of the fund
- Poet TechnologiesPOET0.9% of the fund
Added
Bought more of a stock they already held.
- Taiwan Semiconductor ManufacturingTSM5.5% of the fund+103%
Cut
Sold some of their stake.
- On Holding AGONON18.1% of the fund-20%
- Qfin HoldingsQFIN9.9% of the fund-5%
- Summit TherapeuticsSMMT9.0% of the fund-27%
Sold out
Sold their entire stake.
- Micron TechnologyMU-100%
- Unity SoftwareU-100%
- Amazon.comAMZN-100%
- Kraneshares TrustKWEB-100%
- FTAI AviationFTAI-100%
- SynopsysSNPS-100%
- Robinhood MarketsHOOD-100%
Holdings
- Direxion Shares ETF TrustMUU
- Share
- 22.9%
- Value
- $36m
- Shares
- 34,000
New
- Abivax SAABVX
- Share
- 11.2%
- Value
- $17m
- Shares
- 130,600
New
- Qfin HoldingsQFIN
- Share
- 9.9%
- Value
- $15m
- Shares
- 976,185
-5%
- NokiaNOK
- Share
- 3.2%
- Value
- $5m
- Shares
- 378,500
New
- Trip COM GroupTCOM
- Share
- 1.8%
- Value
- $3m
- Shares
- 70,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Direxion Shares ETF TrustMUU | 22.9% | $36m | 34,000 | New |
| On Holding AGONON | 18.1% | $28m | 795,852 | -20% |
| Abivax SAABVX | 11.2% | $17m | 130,600 | New |
| Qfin HoldingsQFIN | 9.9% | $15m | 976,185 | -5% |
| Summit TherapeuticsSMMT | 9.0% | $14m | 961,866 | -27% |
| Taiwan Semiconductor ManufacturingTSM | 5.5% | $9m | 17,900 | +103% |
| Western DigitalWDC | 5.3% | $8m | 13,000 | New |
| Nektar TherapeuticsNKTR | 4.8% | $7m | 106,431 | New |
| NokiaNOK | 3.2% | $5m | 378,500 | New |
| Seagate Technology HoldingsSTX | 3.1% | $5m | 5,000 | New |
| SandiskSNDK | 2.3% | $4m | 1,580 | New |
| Lumentum HoldingsLITE | 1.9% | $3m | 3,500 | New |
| Trip COM GroupTCOM | 1.8% | $3m | 70,000 | Held |
| Poet TechnologiesPOET | 0.9% | $1m | 142,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 47.0% since 30 June 2025.
Where the money is
Technology19.1%
Retail & consumer18.1%
Health care13.8%
Other49.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.