FengHe Fund Management Pte.
Singapore, U0files as FengHe Fund Management Pte. Ltd.
$1.1bn in 18 US stocks at the end of 30 June 2026. The top 10 are 91.4% of the money. It changed about 65.0% of the portfolio this quarter.
Value
$1.1bn
Stocks
18
Top 10 share
91.4%
Turnover
65.0%
What changed this quarter
New
Bought for the first time this quarter.
- Texas InstrumentsTXN16.3% of the fund
- Howmet AerospaceHWM8.0% of the fund
- Silicon Motion TechnologySIMO5.7% of the fund
- Western DigitalWDC1.6% of the fund
- Daqo New EnergyDQ0.2% of the fund
Added
Bought more of a stock they already held.
- MKSMKSI24.5% of the fund+27%
- Credo Technology Group HoldingCRDO16.0% of the fund+547%
- Taiwan Semiconductor ManufacturingTSM7.5% of the fund+50%
- Modine ManufacturingMOD4.7% of the fund+197%
- WoodwardWWD2.8% of the fund+398%
- NvidiaNVDA0.6% of the fund+8%
- Alibaba Group HldgBABA0.5% of the fund+24%
Cut
Sold some of their stake.
- SitimeSITM3.4% of the fund-55%
- CienaCIEN2.4% of the fund-42%
- Astera LabsALAB2.4% of the fund-30%
- Advanced Micro DevicesAMD1.6% of the fund-73%
- BWX TechnologiesBWXT1.3% of the fund-91%
- AlphabetGOOGL0.5% of the fund-89%
Sold out
Sold their entire stake.
- TeradyneTER-100%
- On Holding AGONON-100%
- Lumentum HoldingsLITE-100%
- L3harris TechnologiesLHX-100%
- ASML Holding NVASML-100%
- MACOM Technology Solutions HoldingsMTSI-100%
- BroadcomAVGO-100%
- Alnylam PharmaceuticalsALNY-100%
- Carpenter TechnologyCRS-100%
- MicrosoftMSFT-100%
- Analog DevicesADI-100%
- AlcoaAA-100%
- Barrick MiningB-100%
- TAL ED GroupTAL-100%
- JoyyJOYY-100%
- Netease.comNTES-100%
- SeaSE-100%
- Tencent Music Entmt GroupTME-100%
Holdings
- Silicon Motion TechnologySIMO
- Share
- 5.7%
- Value
- $60m
- Shares
- 181,482
New
- Alibaba Group HldgBABA
- Share
- 0.5%
- Value
- $5m
- Shares
- 54,500
+24%
- Daqo New EnergyDQ
- Share
- 0.2%
- Value
- $2m
- Shares
- 140,300
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MKSMKSI | 24.5% | $259m | 581,687 | +27% |
| Texas InstrumentsTXN | 16.3% | $171m | 575,100 | New |
| Credo Technology Group HoldingCRDO | 16.0% | $169m | 621,749 | +547% |
| Howmet AerospaceHWM | 8.0% | $84m | 311,800 | New |
| Taiwan Semiconductor ManufacturingTSM | 7.5% | $79m | 166,075 | +50% |
| Silicon Motion TechnologySIMO | 5.7% | $60m | 181,482 | New |
| Modine ManufacturingMOD | 4.7% | $50m | 186,524 | +197% |
| SitimeSITM | 3.4% | $36m | 48,690 | -55% |
| WoodwardWWD | 2.8% | $29m | 68,200 | +398% |
| CienaCIEN | 2.4% | $25m | 51,667 | -42% |
| Astera LabsALAB | 2.4% | $25m | 52,000 | -30% |
| Advanced Micro DevicesAMD | 1.6% | $16m | 28,320 | -73% |
| Western DigitalWDC | 1.6% | $16m | 25,661 | New |
| BWX TechnologiesBWXT | 1.3% | $14m | 36,740 | -91% |
| NvidiaNVDA | 0.6% | $7m | 33,700 | +8% |
| AlphabetGOOGL | 0.5% | $5m | 14,800 | -89% |
| Alibaba Group HldgBABA | 0.5% | $5m | 54,500 | +24% |
| Daqo New EnergyDQ | 0.2% | $2m | 140,300 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 72.8% since 30 June 2025.
Where the money is
Technology76.3%
Industrials12.0%
Retail & consumer4.7%
Media & telecom0.5%
Other6.4%
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.