Fourier Capital Management
HONG KONG, K3files as Fourier Capital Management Ltd
$64m in 9 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 73.6% of the portfolio this quarter.
Value
$64m
Stocks
9
Top 10 share
100.0%
Turnover
73.6%
What changed this quarter
New
Bought for the first time this quarter.
- Analog DevicesADI15.5% of the fund
- Advanced Energy IndustriesAEIS14.8% of the fund
- InnioINIO9.2% of the fund
- TeradyneTER9.0% of the fund
- QualcommQCOM6.8% of the fund
- Generac HoldingsGNRC3.0% of the fund
- Ultra Clean HoldingsUCTT2.9% of the fund
Added
Bought more of a stock they already held.
- KanzhunBZ17.9% of the fund+18%
Cut
Sold some of their stake.
- MKSMKSI20.8% of the fund-58%
Sold out
Sold their entire stake.
- NvidiaNVDA-100%
- BroadcomAVGO-100%
- Qnity ElectronicsQ-100%
- Grab HoldingsGRAB-100%
- SandiskSNDK-100%
- Amazon.comAMZN-100%
- CorningGLW-100%
- SynopsysSNPS-100%
- IntelINTC-100%
- EntegrisENTG-100%
- CoherentCOHR-100%
- Alibaba Group HldgBABA-100%
Holdings
- InnioINIO
- Share
- 9.2%
- Value
- $6m
- Shares
- 149,330
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MKSMKSI | 20.8% | $13m | 29,858 | -58% |
| KanzhunBZ | 17.9% | $11m | 891,442 | +18% |
| Analog DevicesADI | 15.5% | $10m | 25,035 | New |
| Advanced Energy IndustriesAEIS | 14.8% | $9m | 25,377 | New |
| InnioINIO | 9.2% | $6m | 149,330 | New |
| TeradyneTER | 9.0% | $6m | 11,924 | New |
| QualcommQCOM | 6.8% | $4m | 23,715 | New |
| Generac HoldingsGNRC | 3.0% | $2m | 6,580 | New |
| Ultra Clean HoldingsUCTT | 2.9% | $2m | 12,956 | New |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is down 32.0% since 31 December 2025.
Where the money is
Technology97.0%
Industrials3.0%
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.